KGC vs VZLA: Correlation
Measured on weekly returns over the past three years, Kinross Gold Corporation (KGC) and Vizsla Silver Corp. (VZLA) carry a correlation of 0.70, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KGC and VZLA?
Over the past 3 years, KGC and VZLA moved with a correlation of 0.70, which is strong. Little has changed lately, as the 1-year reading of 0.70 lands near the 3-year figure. Over 5 years the correlation is 0.65, and the annualized covariance of weekly returns is 1998.0 %².
Within KGC's tracked universe of 21 assets, VZLA comes in at #16 by 3-year correlation. Correlation aside, the last 12 months split them widely, with KGC ahead by 43.3 points (+61.5% versus +18.2%).
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
KGC vs VZLA: side by side
| KGC (Kinross Gold Corporation) | VZLA (Vizsla Silver Corp.) | |
|---|---|---|
| 1-year return | +61.5% | +18.2% |
| 5-year return | +495.9% | +82.3% |
| Volatility (ann.) | 47.3% | 60.6% |
| Beta vs S&P 500 | 0.97 | 1.23 |
| Max drawdown (3Y) | -40.7% | -56.9% |
| Market cap | $38.6B | $1.5B |
| P/E (trailing) | 12.3 | – |
| Dividend yield | 0.48% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KGC | VZLA |
|---|---|---|
| 2022 | -27.6% | – |
| 2023 | +51.8% | +8.7% |
| 2024 | +55.6% | +36.8% |
| 2025 | +205.7% | +219.9% |
| 2026 | +15.9% | -23.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KGC and VZLA good diversifiers for each other?
To a limited degree. At 0.70 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between KGC and VZLA?
As of 2026-08-27, the correlation of weekly returns between KGC and VZLA is 0.70 over 3 years, 0.70 over 1 year and 0.65 over 5 years.
Is VZLA a good diversifier for KGC?
To a limited degree. At 0.70 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.70 mean?
A reading of 0.70 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/kgc-vs-vzla.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/kgc-vs-vzla/)
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Related comparisons
Hubs: KGC correlations · VZLA correlations
