AUD=X vs. GC=F
Compare and contrast key facts about USD/AUD (AUD=X) and Gold (GC=F).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AUD=X or GC=F.
Correlation
The correlation between AUD=X and GC=F is 0.03, 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
AUD=X vs. GC=F - Performance Comparison
Key characteristics
AUD=X:
0.71
GC=F:
2.38
AUD=X:
1.15
GC=F:
2.95
AUD=X:
1.13
GC=F:
1.43
AUD=X:
0.18
GC=F:
4.42
AUD=X:
1.56
GC=F:
11.14
AUD=X:
3.53%
GC=F:
3.17%
AUD=X:
7.62%
GC=F:
14.52%
AUD=X:
-56.54%
GC=F:
-44.36%
AUD=X:
-22.62%
GC=F:
-3.32%
Returns By Period
In the year-to-date period, AUD=X achieves a -0.09% return, which is significantly lower than GC=F's 2.54% return. Over the past 10 years, AUD=X has underperformed GC=F with an annualized return of 2.69%, while GC=F has yielded a comparatively higher 6.84% annualized return.
AUD=X
-0.09%
2.68%
8.73%
7.55%
1.98%
2.69%
GC=F
2.54%
1.51%
9.49%
31.20%
10.36%
6.84%
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Risk-Adjusted Performance
AUD=X vs. GC=F — Risk-Adjusted Performance Rank
AUD=X
GC=F
AUD=X vs. GC=F - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for USD/AUD (AUD=X) and Gold (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.
Drawdowns
AUD=X vs. GC=F - Drawdown Comparison
The maximum AUD=X drawdown since its inception was -56.54%, which is greater than GC=F's maximum drawdown of -44.36%. Use the drawdown chart below to compare losses from any high point for AUD=X and GC=F. For additional features, visit the drawdowns tool.
Volatility
AUD=X vs. GC=F - Volatility Comparison
The current volatility for USD/AUD (AUD=X) is 0.33%, while Gold (GC=F) has a volatility of 2.90%. This indicates that AUD=X experiences smaller price fluctuations and is considered to be less risky than GC=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.