4GLD.DE vs. STZ

Last updated Jun 13, 2026

4GLD.DE (Xetra-Gold) is Gold fund tracking the LBMA Gold Price, while STZ (Constellation Brands, Inc.) is a stock. Over the past 10 years, 4GLD.DE returned 12.28%/yr vs 0.68%/yr for STZ. At a 0.04 correlation, their price movements are largely independent.

Performance

4GLD.DE vs. STZ - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xetra-Gold (4GLD.DE) and Constellation Brands, Inc. (STZ). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

4GLD.DE is traded in EUR, while STZ is traded in USD. To make them comparable, the STZ values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, 4GLD.DE achieves a -2.63% return, which is significantly lower than STZ's 10.75% return. Over the past 10 years, 4GLD.DE has outperformed STZ with an annualized return of 12.28%, while STZ has yielded a comparatively lower 0.68% annualized return.

4GLD.DE

• 1D: 2.93%
• 1M: -9.07%
• YTD: -2.63%
• 6M: -0.59%
• 1Y: 24.49%
• 3Y*: 26.47%
• 5Y*: 18.62%
• 10Y*: 12.28%

STZ

• 1D: 3.85%
• 1M: 7.02%
• YTD: 10.75%
• 6M: 3.58%
• 1Y: -10.01%
• 3Y*: -15.88%
• 5Y*: -6.51%
• 10Y*: 0.68%

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

4GLD.DE vs. STZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
4GLD.DE Xetra-Gold	-2.63%	49.32%	34.57%	9.33%	7.12%	4.03%	13.03%	21.27%	3.19%	-1.67%
STZ Constellation Brands, Inc.	10.75%	-43.59%	-0.98%	2.66%	-0.63%	24.80%	7.73%	22.55%	-25.38%	32.17%

Correlation

The correlation between 4GLD.DE and STZ is 0.06, 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	0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.04
Correlation (5Y) Calculated over the trailing 5-year period	0.03
Correlation (10Y) Calculated over the trailing 10-year period	0.04
Correlation (All Time) Calculated using the full available price history since Nov 13, 2009	0.04

Return for Risk

4GLD.DE vs. STZ — Risk / Return Rank

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

4GLD.DE

4GLD.DE Risk / Return Rank: 30
4GLD.DE Sharpe Ratio Rank: 32
4GLD.DE Sortino Ratio Rank: 29
4GLD.DE Omega Ratio Rank: 34
4GLD.DE Calmar Ratio Rank: 26
4GLD.DE Martin Ratio Rank: 28

STZ

STZ Risk / Return Rank: 28
STZ Sharpe Ratio Rank: 28
STZ Sortino Ratio Rank: 25
STZ Omega Ratio Rank: 26
STZ Calmar Ratio Rank: 30
STZ Martin Ratio Rank: 30

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.

4GLD.DE vs. STZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xetra-Gold (4GLD.DE) and Constellation Brands, Inc. (STZ). 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.

	4GLD.DE	STZ	Difference
Sharpe ratio: Return per unit of total volatility	1.03	-0.34	+1.36
Sortino ratio: Return per unit of downside risk	1.43	-0.29	+1.73
Omega ratio: Gain probability vs. loss probability	1.21	0.97	+0.24
Calmar ratio: Return relative to maximum drawdown	1.12	-0.38	+1.50
Martin ratio: Return relative to average drawdown	3.41	-0.64	+4.06

4GLD.DE vs. STZ - Sharpe Ratio Comparison

The current 4GLD.DE Sharpe Ratio is 1.03, which is higher than the STZ Sharpe Ratio of -0.34. The chart below compares the historical Sharpe Ratios of 4GLD.DE and STZ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

4GLD.DE vs. STZ - Drawdown Comparison

The maximum 4GLD.DE drawdown since its inception was -36.79%, smaller than the maximum STZ drawdown of -56.22%. Use the drawdown chart below to compare losses from any high point for 4GLD.DE and STZ.

Drawdown Indicators

	4GLD.DE	STZ	Difference
Max Drawdown Largest peak-to-trough decline	-36.79%	-56.22%	+19.43%
Max Drawdown (1Y) Largest decline over 1 year	-21.73%	-26.54%	+4.81%
Max Drawdown (3Y) Largest decline over 3 years	-21.73%	-54.50%	+32.77%
Max Drawdown (5Y) Largest decline over 5 years	-21.73%	-54.67%	+32.94%
Max Drawdown (10Y) Largest decline over 10 years	-21.73%	-54.67%	+32.94%
Current Drawdown Current decline from peak	-19.44%	-46.59%	+27.15%
Average Drawdown Average peak-to-trough decline	-12.03%	-15.24%	+3.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.11%	15.65%	-8.54%

Volatility

4GLD.DE vs. STZ - Volatility Comparison

The current volatility for Xetra-Gold (4GLD.DE) is 6.93%, while Constellation Brands, Inc. (STZ) has a volatility of 8.62%. This indicates that 4GLD.DE experiences smaller price fluctuations and is considered to be less risky than STZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	4GLD.DE	STZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.93%	8.62%	-1.69%
Volatility (6M) Calculated over the trailing 6-month period	20.81%	23.30%	-2.49%
Volatility (1Y) Calculated over the trailing 1-year period	23.70%	29.94%	-6.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.29%	24.56%	-8.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.56%	27.25%	-12.69%

Dividends

4GLD.DE vs. STZ - Dividend Comparison

4GLD.DE has not paid dividends to shareholders, while STZ's dividend yield for the trailing twelve months is around 2.75%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
4GLD.DE Xetra-Gold	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
STZ Constellation Brands, Inc.	2.75%	2.95%	1.77%	1.44%	1.36%	1.21%	1.37%	1.58%	1.70%	0.86%	0.98%	0.65%

Frequently Asked Questions

Can I hold both 4GLD.DE and STZ in my portfolio?

4GLD.DE and STZ have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.