ADDHY vs. GLD
ADDHY (Addtech AB (publ.)) is a stock, while GLD (SPDR Gold Shares) is Gold fund tracking the LBMA Gold Price PM. Over the past 3 years, ADDHY returned 23.25%/yr vs 27.22%/yr for GLD. Their 0.10 correlation means their historical movements had little consistent relationship.
Performance
ADDHY vs. GLD - Performance Comparison
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Returns By Period
In the year-to-date period, ADDHY achieves a 2.67% return, which is significantly higher than GLD's -6.25% return.
ADDHY
- 1D
- -0.54%
- 1M
- 1.27%
- 6M
- 10.90%
- YTD
- 2.67%
- 1Y
- 5.83%
- 3Y*
- 23.25%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 24.59%
GLD
- 1D
- -1.49%
- 1M
- -1.74%
- 6M
- -16.50%
- YTD
- -6.25%
- 1Y
- 20.20%
- 3Y*
- 27.22%
- 5Y*
- 16.95%
- 10Y*
- 11.05%
- ALL TIME*
- 10.28%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
ADDHY Addtech AB (publ.) | $57.46K | $151.88K | $123.34K |
| $2.38B | $2.40B | $2.72B |
ADDHY vs. GLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ADDHY Addtech AB (publ.) | 2.67% | 31.05% | 47.80% | 7.95% |
GLD SPDR Gold Shares | -6.25% | 63.68% | 26.66% | 9.88% |
Correlation
The correlation between ADDHY and GLD is 0.18, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.18 |
Correlation (3Y) Balances recent behavior with more history. | 0.11 |
Correlation (All Time) Calculated using the full available price history since Feb 8, 2023 | 0.10 |
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Return for Risk
ADDHY vs. GLD — Risk / Return Rank
ADDHY
GLD
ADDHY vs. GLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Addtech AB (publ.) (ADDHY) 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.
| ADDHY | GLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.67 | ||
| Sortino ratioReturn per unit of downside risk | -0.68 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.17 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.32 | 0.86 | -0.54 |
| Martin ratioReturn relative to average drawdown | 0.62 | 1.86 | -1.25 |
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Drawdowns
ADDHY vs. GLD - Drawdown Comparison
The maximum ADDHY drawdown since its inception was -31.13%, smaller than the maximum GLD drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for ADDHY and GLD.
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Drawdown Indicators
| ADDHY | GLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.13% | -45.56% | +14.43% |
Max Drawdown (1Y)Largest decline over 1 year | -18.10% | -26.40% | +8.30% |
Max Drawdown (3Y)Largest decline over 3 years | -31.13% | -26.40% | -4.73% |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.40% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -26.40% | — |
Current DrawdownCurrent decline from peak | -9.71% | -25.08% | +15.37% |
Average DrawdownAverage peak-to-trough decline | -9.75% | -16.21% | +6.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.48% | 12.18% | -2.70% |
Volatility
ADDHY vs. GLD - Volatility Comparison
Addtech AB (publ.) (ADDHY) has a higher volatility of 9.38% compared to SPDR Gold Shares (GLD) at 6.40%. This indicates that ADDHY'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.
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Volatility by Period
| ADDHY | GLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.38% | 6.40% | +2.98% |
Volatility (6M)Calculated over the trailing 6-month period | 30.03% | 23.52% | +6.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.47% | 28.13% | +13.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.47% | 18.49% | +32.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.47% | 16.14% | +35.33% |
Dividends
ADDHY vs. GLD - Dividend Comparison
ADDHY's dividend yield for the trailing twelve months is around 0.92%, while GLD has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
ADDHY Addtech AB (publ.) | 0.92% | 0.95% | 0.98% | 1.28% |
GLD SPDR Gold Shares | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ADDHY and GLD have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ADDHY has higher volatility (9.38%) compared to GLD (6.40%). In terms of maximum drawdown, ADDHY dropped -31.13% vs GLD's -45.56%.
GLD currently has the higher Sharpe Ratio (0.81 vs 0.14), 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.
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