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The Gold x5 Leveraged Index (^SGIXGD5L)
Performance
Return for Risk
Drawdowns
Volatility

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The Gold x5 Leveraged Index

Often compared with ^SGIXGD5L:
^SGIXGD5L vs. GC=F^SGIXGD5L vs. USD

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in The Gold x5 Leveraged Index, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period


The Gold x5 Leveraged Index

1D
1M
YTD
6M
1Y
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-6.27%-3.20%44.66%12.91%2.83%-3.36%16.70%10.29%28.28%16.79%-10.28%154.80%
202330.53%-25.69%36.81%2.04%-9.54%-13.03%10.73%-10.53%-23.27%37.75%10.22%1.93%25.34%
2022-10.90%30.94%9.25%-11.68%-18.58%-11.89%-13.27%-15.42%-16.08%-10.62%33.92%17.48%-30.09%
2021-15.55%-30.89%-6.26%15.03%42.98%-32.93%11.54%-1.82%-17.46%6.74%-4.50%14.35%-36.42%
202019.92%-10.13%-5.71%27.92%11.91%12.25%48.41%-7.49%-21.06%-5.56%-28.88%34.15%59.49%
201914.97%-3.87%-9.69%-5.21%7.10%43.46%3.20%33.94%-18.84%14.12%-15.94%17.83%84.35%

Benchmark Metrics

The Gold x5 Leveraged Index has an annualized alpha of 45.10%, beta of 0.12, and R² of 0.00 versus S&P 500 Index. Calculated based on daily prices since January 02, 2007.

  • This index participated in 25.06% of S&P 500 Index downside but only 10.65% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of 0.12 may look defensive, but with R² of 0.00 this index is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this index's risk.
  • R² of 0.00 means this index moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
45.10%
Beta
0.12
0.00
Upside Capture
10.65%
Downside Capture
25.06%

Return for Risk

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for The Gold x5 Leveraged Index (^SGIXGD5L) and compare them to a chosen benchmark (S&P 500 Index).


Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the The Gold x5 Leveraged Index. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the The Gold x5 Leveraged Index was 99.09%, occurring on Aug 16, 2018. The portfolio has not yet recovered.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-99.09%Aug 23, 20111759Aug 16, 2018
-92.17%Mar 19, 2008168Nov 13, 2008602Apr 6, 2011770
-40.08%Feb 27, 2007120Aug 16, 200724Sep 20, 2007144
-32.83%Nov 9, 20077Nov 19, 200729Jan 2, 200836
-24.45%May 3, 201143Jul 1, 20117Jul 13, 201150

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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