0P4F.L vs. GLD

Last updated Jun 5, 2026

0P4F.L (Ford Motor Company) is a stock, while GLD (SPDR Gold Shares) is Gold fund tracking the LBMA Gold Price PM. Over the past 10 years, 0P4F.L returned 5.82%/yr vs 12.80%/yr for GLD. At a correlation of -0.00, they often move in opposite directions.

Performance

0P4F.L vs. GLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ford Motor Company (0P4F.L) and SPDR Gold Shares (GLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, 0P4F.L achieves a 15.77% return, which is significantly higher than GLD's -0.02% return. Over the past 10 years, 0P4F.L has underperformed GLD with an annualized return of 5.82%, while GLD has yielded a comparatively higher 12.80% annualized return.

0P4F.L

• 1D: -2.68%
• 1M: 25.64%
• YTD: 15.77%
• 6M: 16.15%
• 1Y: 55.10%
• 3Y*: 11.88%
• 5Y*: 10.22%
• 10Y*: 5.82%

GLD

• 1D: -3.65%
• 1M: -8.06%
• YTD: -0.02%
• 6M: 2.54%
• 1Y: 28.10%
• 3Y*: 29.53%
• 5Y*: 17.47%
• 10Y*: 12.80%

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

0P4F.L vs. GLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
0P4F.L Ford Motor Company	15.77%	40.49%	-14.02%	13.23%	-42.26%	132.07%	-2.95%	28.81%	-32.29%	-3.13%
GLD SPDR Gold Shares	-0.02%	63.68%	26.66%	12.69%	-0.77%	-4.15%	24.81%	17.86%	-1.94%	12.81%

Correlation

The correlation between 0P4F.L and GLD is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.07
Correlation (3Y) Calculated over the trailing 3-year period	0.06
Correlation (5Y) Calculated over the trailing 5-year period	0.05
Correlation (10Y) Calculated over the trailing 10-year period	0.01
Correlation (All Time) Calculated using the full available price history since Apr 9, 2013	-0.00

Return for Risk

0P4F.L vs. GLD — Risk / Return Rank

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

0P4F.L

0P4F.L Risk / Return Rank: 80
0P4F.L Sharpe Ratio Rank: 80
0P4F.L Sortino Ratio Rank: 81
0P4F.L Omega Ratio Rank: 77
0P4F.L Calmar Ratio Rank: 79
0P4F.L Martin Ratio Rank: 80

GLD

GLD Risk / Return Rank: 29
GLD Sharpe Ratio Rank: 30
GLD Sortino Ratio Rank: 27
GLD Omega Ratio Rank: 33
GLD Calmar Ratio Rank: 29
GLD Martin Ratio Rank: 26

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.

0P4F.L vs. GLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ford Motor Company (0P4F.L) 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.

	0P4F.L	GLD	Difference
Sharpe ratio: Return per unit of total volatility	1.43	1.05	+0.37
Sortino ratio: Return per unit of downside risk	2.39	1.43	+0.96
Omega ratio: Gain probability vs. loss probability	1.28	1.21	+0.07
Calmar ratio: Return relative to maximum drawdown	2.44	1.40	+1.03
Martin ratio: Return relative to average drawdown	6.55	3.56	+2.99
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

0P4F.L vs. GLD - Sharpe Ratio Comparison

The current 0P4F.L Sharpe Ratio is 1.43, which is higher than the GLD Sharpe Ratio of 1.05. The chart below compares the historical Sharpe Ratios of 0P4F.L and GLD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	0P4F.L	GLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.43	1.05	+0.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.27	0.97	-0.70
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.17	0.80	-0.63
Sharpe Ratio (All Time) Calculated using the full available price history	0.18	0.59	-0.42

Drawdowns

0P4F.L vs. GLD - Drawdown Comparison

The maximum 0P4F.L drawdown since its inception was -69.76%, which is greater than GLD's maximum drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for 0P4F.L and GLD.

Drawdown Indicators

	0P4F.L	GLD	Difference
Max Drawdown Largest peak-to-trough decline	-69.76%	-45.56%	-24.20%
Max Drawdown (1Y) Largest decline over 1 year	-22.45%	-20.10%	-2.35%
Max Drawdown (3Y) Largest decline over 3 years	-38.84%	-20.10%	-18.74%
Max Drawdown (5Y) Largest decline over 5 years	-60.35%	-21.03%	-39.32%
Max Drawdown (10Y) Largest decline over 10 years	-63.77%	-22.00%	-41.77%
Current Drawdown Current decline from peak	-27.18%	-20.10%	-7.08%
Average Drawdown Average peak-to-trough decline	-34.01%	-16.16%	-17.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.29%	7.91%	+0.38%

Volatility

0P4F.L vs. GLD - Volatility Comparison

Ford Motor Company (0P4F.L) has a higher volatility of 22.13% compared to SPDR Gold Shares (GLD) at 5.66%. This indicates that 0P4F.L's price experiences larger fluctuations and is considered to be riskier than GLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	0P4F.L	GLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.13%	5.66%	+16.47%
Volatility (6M) Calculated over the trailing 6-month period	29.75%	23.47%	+6.28%
Volatility (1Y) Calculated over the trailing 1-year period	38.41%	26.86%	+11.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.62%	18.07%	+20.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.34%	16.00%	+26.34%

Dividends

0P4F.L vs. GLD - Dividend Comparison

0P4F.L's dividend yield for the trailing twelve months is around 1.96%, while GLD has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
0P4F.L Ford Motor Company	1.96%	4.55%	7.85%	4.86%	4.37%	0.49%	1.69%	6.47%	7.80%	5.00%	5.37%	4.21%
GLD SPDR Gold Shares	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both 0P4F.L and GLD in my portfolio?

0P4F.L and GLD have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.