ABX.TO vs. CGL-C.TO
Compare and contrast key facts about Barrick Gold Corporation (ABX.TO) and iShares Gold Bullion ETF (CGL-C.TO).
CGL-C.TO is a passively managed fund by iShares that tracks the performance of the Gold. It was launched on Mar 31, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ABX.TO or CGL-C.TO.
Correlation
The correlation between ABX.TO and CGL-C.TO is 0.04, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ABX.TO vs. CGL-C.TO - Performance Comparison
Loading data...
Key characteristics
ABX.TO:
0.55
CGL-C.TO:
2.69
ABX.TO:
1.05
CGL-C.TO:
3.69
ABX.TO:
1.13
CGL-C.TO:
1.47
ABX.TO:
0.39
CGL-C.TO:
6.34
ABX.TO:
1.76
CGL-C.TO:
18.59
ABX.TO:
11.26%
CGL-C.TO:
2.43%
ABX.TO:
33.31%
CGL-C.TO:
16.27%
ABX.TO:
-84.51%
CGL-C.TO:
-33.04%
ABX.TO:
-38.36%
CGL-C.TO:
-2.21%
Returns By Period
The year-to-date returns for both investments are quite close, with ABX.TO having a 22.01% return and CGL-C.TO slightly higher at 22.57%. Over the past 10 years, ABX.TO has underperformed CGL-C.TO with an annualized return of 7.20%, while CGL-C.TO has yielded a comparatively higher 11.89% annualized return.
ABX.TO
22.01%
0.74%
6.58%
18.95%
-3.82%
7.20%
CGL-C.TO
22.57%
4.78%
23.62%
42.66%
13.70%
11.89%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
ABX.TO vs. CGL-C.TO — Risk-Adjusted Performance Rank
ABX.TO
CGL-C.TO
ABX.TO vs. CGL-C.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Barrick Gold Corporation (ABX.TO) and iShares Gold Bullion ETF (CGL-C.TO). 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.
Loading data...
Dividends
ABX.TO vs. CGL-C.TO - Dividend Comparison
ABX.TO's dividend yield for the trailing twelve months is around 1.48%, while CGL-C.TO has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABX.TO Barrick Gold Corporation | 1.48% | 1.79% | 1.67% | 2.80% | 3.24% | 1.07% | 0.81% | 1.22% | 1.02% | 0.59% | 1.69% | 2.16% |
CGL-C.TO iShares Gold Bullion ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ABX.TO vs. CGL-C.TO - Drawdown Comparison
The maximum ABX.TO drawdown since its inception was -84.51%, which is greater than CGL-C.TO's maximum drawdown of -33.04%. Use the drawdown chart below to compare losses from any high point for ABX.TO and CGL-C.TO. For additional features, visit the drawdowns tool.
Loading data...
Volatility
ABX.TO vs. CGL-C.TO - Volatility Comparison
Barrick Gold Corporation (ABX.TO) has a higher volatility of 11.29% compared to iShares Gold Bullion ETF (CGL-C.TO) at 7.56%. This indicates that ABX.TO's price experiences larger fluctuations and is considered to be riskier than CGL-C.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...