ASM vs. GLDM
Compare and contrast key facts about Avino Silver & Gold Mines Ltd. (ASM) and SPDR Gold MiniShares Trust (GLDM).
GLDM is a passively managed fund by State Street that tracks the performance of the LBMA Gold PM Price. It was launched on Jun 25, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ASM or GLDM.
Key characteristics
| ASM | GLDM | |
|---|---|---|
| YTD Return | 129.01% | 32.58% |
| 1Y Return | 150.00% | 37.25% |
| 3Y Return (Ann) | 7.65% | 14.60% |
| 5Y Return (Ann) | 18.10% | 12.81% |
| Sharpe Ratio | 2.52 | 2.68 |
| Sortino Ratio | 3.28 | 3.59 |
| Omega Ratio | 1.38 | 1.46 |
| Calmar Ratio | 1.87 | 5.66 |
| Martin Ratio | 15.33 | 17.36 |
| Ulcer Index | 10.87% | 2.17% |
| Daily Std Dev | 65.89% | 14.09% |
| Max Drawdown | -94.10% | -21.63% |
| Current Drawdown | -68.99% | -1.79% |
Correlation
The correlation between ASM and GLDM is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ASM vs. GLDM - Performance Comparison
In the year-to-date period, ASM achieves a 129.01% return, which is significantly higher than GLDM's 32.58% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ASM vs. GLDM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avino Silver & Gold Mines Ltd. (ASM) and SPDR Gold MiniShares Trust (GLDM). 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
ASM vs. GLDM - Dividend Comparison
Neither ASM nor GLDM has paid dividends to shareholders.
Drawdowns
ASM vs. GLDM - Drawdown Comparison
The maximum ASM drawdown since its inception was -94.10%, which is greater than GLDM's maximum drawdown of -21.63%. Use the drawdown chart below to compare losses from any high point for ASM and GLDM. For additional features, visit the drawdowns tool.
Volatility
ASM vs. GLDM - Volatility Comparison
Avino Silver & Gold Mines Ltd. (ASM) has a higher volatility of 20.20% compared to SPDR Gold MiniShares Trust (GLDM) at 3.41%. This indicates that ASM's price experiences larger fluctuations and is considered to be riskier than GLDM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.