Capelin (Mallotus villosus), a key forage fish in the Northwest Atlantic, links zooplankton to predators including commercial fishes, seabirds, and marine mammals, yet its life-cycle movements in the Gulf of St. Lawrence (GSL) remain poorly understood. Between 2022 and 2024, otoliths from 927 individuals collected during and after spawning were analysed by Laser Ablation Inductively Coupled Plasma Mass Spectrometry (LA-ICP-MS). Building on previous work on regional structuring, seven trace elements (Li, B, Mg, K, Zn, Sr, Ba) were used to discriminate three regions. Early-life regional signatures were inferred through an edge-to-core approach, assigning otolith core chemistry to one of these regions using quadratic discriminant analysis. The core was treated as an integrated early-life signal (late-larval to early juvenile period) rather than a strictly natal signature. Spatial variation in core chemistry was consistent across cohorts, mirroring the stability documented on the otolith edge. Results revealed widespread dispersal alongside partial regional residency: individuals with northeastern early-life signatures showed the strongest correspondence between early-life and capture regions, whereas other regions were more connected. Fish sampled during spawning were more often reassigned to their inferred early-life region than post-spawning fish, a regional-scale homing-like pattern consistent with regional spawning fidelity. This coexistence of dispersive and resident strategies likely generates a portfolio effect buffering the population against environmental variability and localised reproductive failures.