^IXIC vs. GLD
^IXIC (NASDAQ Composite) is an index, while GLD (SPDR Gold Shares) is Gold fund tracking the LBMA Gold Price PM. Over the past 10 years, ^IXIC returned 17.09%/yr vs 11.31%/yr for GLD. Their 0.06 correlation means their historical movements had little consistent relationship.
Performance
^IXIC vs. GLD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ^IXIC achieves a 8.09% return, which is significantly higher than GLD's -4.83% return. Over the past 10 years, ^IXIC has outperformed GLD with an annualized return of 17.09%, while GLD has yielded a comparatively lower 11.31% annualized return.
^IXIC
- 1D
- 2.78%
- 1M
- -4.16%
- 6M
- 6.07%
- YTD
- 8.09%
- 1Y
- 18.90%
- 3Y*
- 20.53%
- 5Y*
- 11.35%
- 10Y*
- 17.09%
- ALL TIME*
- 10.47%
GLD
- 1D
- 1.64%
- 1M
- 2.38%
- 6M
- -23.94%
- YTD
- -4.83%
- 1Y
- 25.32%
- 3Y*
- 27.41%
- 5Y*
- 17.30%
- 10Y*
- 11.31%
- ALL TIME*
- 10.36%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
^IXIC NASDAQ Composite | $196.70T | $201.88T | $250.89T |
| $2.37B | $2.43B | $2.73B |
^IXIC vs. GLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
^IXIC NASDAQ Composite | 8.09% | 20.36% | 28.64% | 43.42% | -33.10% | 21.39% | 43.64% | 35.23% | -3.88% | 28.24% |
GLD SPDR Gold Shares | -4.83% | 63.68% | 26.66% | 12.69% | -0.77% | -4.15% | 24.81% | 17.86% | -1.94% | 12.81% |
Correlation
The correlation between ^IXIC and GLD is 0.30, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.30 |
Correlation (3Y) Balances recent behavior with more history. | 0.15 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.11 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.07 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 2004 | 0.06 |
Over the past year, ^IXIC and GLD have become more correlated (0.30) than their long-term average of 0.06, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
^IXIC vs. GLD — Risk / Return Rank
^IXIC
GLD
^IXIC vs. GLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NASDAQ Composite (^IXIC) and SPDR Gold Shares (GLD). 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.
| ^IXIC | GLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.13 | ||
| Sortino ratioReturn per unit of downside risk | +0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.19 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.44 | 0.96 | +0.47 |
| Martin ratioReturn relative to average drawdown | 4.79 | 2.10 | +2.69 |
Loading charts...
Drawdowns
^IXIC vs. GLD - Drawdown Comparison
The maximum ^IXIC drawdown since its inception was -77.93%, which is greater than GLD's maximum drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for ^IXIC and GLD.
Loading charts...
Drawdown Indicators
| ^IXIC | GLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.93% | -45.56% | -32.37% |
Max Drawdown (1Y)Largest decline over 1 year | -13.21% | -26.40% | +13.19% |
Max Drawdown (3Y)Largest decline over 3 years | -24.32% | -26.40% | +2.08% |
Max Drawdown (5Y)Largest decline over 5 years | -36.40% | -26.40% | -10.00% |
Max Drawdown (10Y)Largest decline over 10 years | -36.40% | -26.40% | -10.00% |
Current DrawdownCurrent decline from peak | -7.28% | -23.94% | +16.66% |
Average DrawdownAverage peak-to-trough decline | -21.35% | -16.21% | -5.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.96% | 12.08% | -8.12% |
Volatility
^IXIC vs. GLD - Volatility Comparison
The current volatility for NASDAQ Composite (^IXIC) is 5.64%, while SPDR Gold Shares (GLD) has a volatility of 6.23%. This indicates that ^IXIC experiences smaller price fluctuations and is considered to be less risky than GLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ^IXIC | GLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.64% | 6.23% | -0.59% |
Volatility (6M)Calculated over the trailing 6-month period | 14.69% | 23.49% | -8.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.41% | 28.14% | -9.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.76% | 18.48% | +4.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.11% | 16.13% | +5.98% |
Frequently Asked Questions
^IXIC and GLD have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GLD has higher volatility (6.23%) compared to ^IXIC (5.64%). In terms of maximum drawdown, ^IXIC dropped -77.93% vs GLD's -45.56%.
^IXIC currently has the higher Sharpe Ratio (1.03 vs 0.91), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for ^IXIC and GLD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer