ALCBI.PA vs. GLD
Compare and contrast key facts about Crypto Blockchain Industries (ALCBI.PA) and SPDR Gold Trust (GLD).
GLD is a passively managed fund by State Street that tracks the performance of the Gold Bullion. It was launched on Nov 18, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALCBI.PA or GLD.
Correlation
The correlation between ALCBI.PA and GLD is 0.11, 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
ALCBI.PA vs. GLD - Performance Comparison
Key characteristics
ALCBI.PA:
-0.46
GLD:
2.45
ALCBI.PA:
-0.35
GLD:
3.20
ALCBI.PA:
0.96
GLD:
1.41
ALCBI.PA:
-0.57
GLD:
5.12
ALCBI.PA:
-1.20
GLD:
13.67
ALCBI.PA:
47.33%
GLD:
3.04%
ALCBI.PA:
114.55%
GLD:
17.50%
ALCBI.PA:
-98.67%
GLD:
-45.56%
ALCBI.PA:
-97.33%
GLD:
-3.47%
Returns By Period
In the year-to-date period, ALCBI.PA achieves a -21.79% return, which is significantly lower than GLD's 25.81% return.
ALCBI.PA
-21.79%
58.60%
-30.41%
-52.51%
N/A
N/A
GLD
25.81%
10.69%
22.02%
42.63%
13.73%
10.40%
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
ALCBI.PA vs. GLD — Risk-Adjusted Performance Rank
ALCBI.PA
GLD
ALCBI.PA vs. GLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Crypto Blockchain Industries (ALCBI.PA) and SPDR Gold Trust (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.
Dividends
ALCBI.PA vs. GLD - Dividend Comparison
Neither ALCBI.PA nor GLD has paid dividends to shareholders.
Drawdowns
ALCBI.PA vs. GLD - Drawdown Comparison
The maximum ALCBI.PA drawdown since its inception was -98.67%, which is greater than GLD's maximum drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for ALCBI.PA and GLD. For additional features, visit the drawdowns tool.
Volatility
ALCBI.PA vs. GLD - Volatility Comparison
Crypto Blockchain Industries (ALCBI.PA) has a higher volatility of 53.86% compared to SPDR Gold Trust (GLD) at 9.15%. This indicates that ALCBI.PA'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.