AUD=X vs. MTA
Compare and contrast key facts about USD/AUD (AUD=X) and Metalla Royalty & Streaming Ltd. (MTA).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AUD=X or MTA.
Key characteristics
| AUD=X | MTA | |
|---|---|---|
| YTD Return | 3.92% | 4.55% |
| 1Y Return | -3.01% | 19.26% |
| 3Y Return (Ann) | 3.35% | -27.48% |
| 5Y Return (Ann) | 0.78% | -4.48% |
| Sharpe Ratio | 0.05 | 0.25 |
| Sortino Ratio | 0.14 | 0.82 |
| Omega Ratio | 1.02 | 1.09 |
| Calmar Ratio | 0.01 | 0.17 |
| Martin Ratio | 0.11 | 0.92 |
| Ulcer Index | 3.57% | 15.43% |
| Daily Std Dev | 7.86% | 56.26% |
| Max Drawdown | -56.54% | -81.73% |
| Current Drawdown | -26.88% | -75.39% |
Correlation
The correlation between AUD=X and MTA is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
AUD=X vs. MTA - Performance Comparison
In the year-to-date period, AUD=X achieves a 3.92% return, which is significantly lower than MTA's 4.55% 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
AUD=X vs. MTA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for USD/AUD (AUD=X) and Metalla Royalty & Streaming Ltd. (MTA). 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. MTA - Drawdown Comparison
The maximum AUD=X drawdown since its inception was -56.54%, smaller than the maximum MTA drawdown of -81.73%. Use the drawdown chart below to compare losses from any high point for AUD=X and MTA. For additional features, visit the drawdowns tool.
Volatility
AUD=X vs. MTA - Volatility Comparison
The current volatility for USD/AUD (AUD=X) is 0.35%, while Metalla Royalty & Streaming Ltd. (MTA) has a volatility of 14.00%. This indicates that AUD=X experiences smaller price fluctuations and is considered to be less risky than MTA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.