^DXY vs. GOLD

Last updated Jun 5, 2026

^DXY (US Dollar Currency Index) is an index, while GOLD (Barrick Mining Corporation) is a stock. At a correlation of -0.40, they often move in opposite directions.

Performance

^DXY vs. GOLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in US Dollar Currency Index (^DXY) and Barrick Mining Corporation (GOLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

^DXY

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GOLD

• 1D: -3.57%
• 1M: -14.00%
• 6M: -10.43%
• YTD: 12.67%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

^DXY vs. GOLD - Yearly Performance Comparison

	2026 (YTD)	2025
^DXY US Dollar Currency Index	1.13%	-1.10%
GOLD Barrick Mining Corporation	12.67%	13.01%

Correlation

The correlation between ^DXY and GOLD is -0.40, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 2, 2025	-0.40

Return for Risk

^DXY vs. GOLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

^DXY

^DXY Risk / Return Rank: 17
^DXY Sharpe Ratio Rank: 18
^DXY Sortino Ratio Rank: 15
^DXY Omega Ratio Rank: 15
^DXY Calmar Ratio Rank: 19
^DXY Martin Ratio Rank: 19

GOLD

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

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

^DXY vs. GOLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for US Dollar Currency Index (^DXY) and Barrick Mining Corporation (GOLD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

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

Drawdowns

Drawdown Indicators

	^DXY	GOLD	Difference
Max Drawdown Largest peak-to-trough decline	—	-40.58%	—
Current Drawdown Current decline from peak	—	-40.19%	—
Average Drawdown Average peak-to-trough decline	—	-20.03%	—

Volatility

Volatility by Period

	^DXY	GOLD	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	56.53%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	56.53%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	56.53%	—

Frequently Asked Questions

Can I hold both ^DXY and GOLD in my portfolio?

^DXY and GOLD have a correlation of -0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.