AUD=X vs. SAND

Last updated Jun 5, 2026

AUD=X (USD/AUD) is a currency, while SAND (Sandstorm Gold Ltd.) is a stock. At a correlation of -0.11, they often move in opposite directions.

Performance

AUD=X vs. SAND - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in USD/AUD (AUD=X) and Sandstorm Gold Ltd. (SAND). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

AUD=X is traded in AUD, while SAND is traded in USD. To make them comparable, the SAND values have been converted to AUD using the latest available exchange rates.

Returns By Period

AUD=X

• 1D: 0.29%
• 1M: 1.05%
• YTD: -6.13%
• 6M: -7.02%
• 1Y: -8.71%
• 3Y*: -2.36%
• 5Y*: 1.72%
• 10Y*: 0.35%

SAND

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AUD=X vs. SAND - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AUD=X USD/AUD	-6.13%	-7.26%	10.06%	0.08%	6.61%	5.86%	-8.78%	0.47%	10.72%	-7.62%
SAND Sandstorm Gold Ltd.	0.00%	108.43%	23.44%	-3.25%	-8.62%	-8.46%	-12.21%	62.36%	2.29%	18.20%

Correlation

The correlation between AUD=X and SAND is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.03
Correlation (3Y) Calculated over the trailing 3-year period	-0.17
Correlation (5Y) Calculated over the trailing 5-year period	-0.22
Correlation (10Y) Calculated over the trailing 10-year period	-0.16
Correlation (All Time) Calculated using the full available price history since Jun 1, 2009	-0.11

The correlation between AUD=X and SAND shifts across timeframes, from -0.22 (5 years) to -0.03 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

AUD=X vs. SAND — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AUD=X

AUD=X Risk / Return Rank: 15
AUD=X Sharpe Ratio Rank: 14
AUD=X Sortino Ratio Rank: 14
AUD=X Omega Ratio Rank: 16
AUD=X Calmar Ratio Rank: 18
AUD=X Martin Ratio Rank: 12

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AUD=X vs. SAND - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for USD/AUD (AUD=X) and Sandstorm Gold Ltd. (SAND). 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.

	AUD=X	SAND	Difference
Sharpe ratio: Return per unit of total volatility	-0.96	—	—
Sortino ratio: Return per unit of downside risk	-1.31	—	—
Omega ratio: Gain probability vs. loss probability	0.86	—	—
Calmar ratio: Return relative to maximum drawdown	-0.61	—	—
Martin ratio: Return relative to average drawdown	-1.18	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	AUD=X	SAND	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.96	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.16	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.03	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.08	—	—

Drawdowns

Drawdown Indicators

	AUD=X	SAND	Difference
Max Drawdown Largest peak-to-trough decline	-45.40%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-11.57%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.03%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-18.03%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-28.03%	—	—
Current Drawdown Current decline from peak	-19.33%	—	—
Average Drawdown Average peak-to-trough decline	-22.16%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	6.63%	—	—

Volatility

Volatility by Period

	AUD=X	SAND	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.08%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.45%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	7.39%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.02%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.63%	—	—

Frequently Asked Questions

Can I hold both AUD=X and SAND in my portfolio?

AUD=X and SAND have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.