5MVL.DE vs. GC=F

Last updated Jun 16, 2026

5MVL.DE (iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc)) is Emerging Markets Equities fund tracking the MSCI Emerging Markets Select Value Factor Focus, while GC=F (Gold Futures) is an asset. At a correlation of -0.06, they often move in opposite directions.

Performance

5MVL.DE vs. GC=F - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) (5MVL.DE) and Gold Futures (GC=F). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

5MVL.DE is traded in EUR, while GC=F is traded in USD. To make them comparable, the GC=F values have been converted to EUR using the latest available exchange rates.

Returns By Period

5MVL.DE

• 1D: 2.38%
• 1M: 8.72%
• YTD: 46.85%
• 6M: 51.96%
• 1Y: 81.19%
• 3Y*: 33.48%
• 5Y*: 17.75%
• 10Y*: —

GC=F

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

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

5MVL.DE vs. GC=F - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
5MVL.DE iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc)	46.85%	27.25%	21.00%	14.59%	-10.91%
GC=F Gold Futures	0.00%	0.00%	0.00%	0.00%	13.25%

Correlation

The correlation between 5MVL.DE and GC=F 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 (All Time) Calculated using the full available price history since Jan 31, 2022	-0.06

Return for Risk

5MVL.DE vs. GC=F — Risk / Return Rank

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

5MVL.DE

5MVL.DE Risk / Return Rank: 96
5MVL.DE Sharpe Ratio Rank: 97
5MVL.DE Sortino Ratio Rank: 95
5MVL.DE Omega Ratio Rank: 95
5MVL.DE Calmar Ratio Rank: 96
5MVL.DE Martin Ratio Rank: 95

GC=F

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.

5MVL.DE vs. GC=F - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) (5MVL.DE) and Gold Futures (GC=F). 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.

	5MVL.DE	GC=F	Difference
Sharpe ratio: Return per unit of total volatility	4.02	—	—
Sortino ratio: Return per unit of downside risk	4.81	—	—
Omega ratio: Gain probability vs. loss probability	1.68	—	—
Calmar ratio: Return relative to maximum drawdown	8.30	—	—
Martin ratio: Return relative to average drawdown	25.93	—	—

Drawdowns

Drawdown Indicators

	5MVL.DE	GC=F	Difference
Max Drawdown Largest peak-to-trough decline	-32.22%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-9.73%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-19.14%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-20.60%	—	—
Current Drawdown Current decline from peak	-3.21%	—	—
Average Drawdown Average peak-to-trough decline	-6.63%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.12%	—	—

Volatility

Volatility by Period

	5MVL.DE	GC=F	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.80%	—	—
Volatility (6M) Calculated over the trailing 6-month period	17.08%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	20.14%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.03%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.36%	—	—

Frequently Asked Questions

Can I hold both 5MVL.DE and GC=F in my portfolio?

5MVL.DE and GC=F 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.