AUD=X vs. SAND
Compare and contrast key facts about USD/AUD (AUD=X) and Sandstorm Gold Ltd. (SAND).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AUD=X or SAND.
Correlation
The correlation between AUD=X and SAND is 0.04, 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. SAND - Performance Comparison
Key characteristics
AUD=X:
0.57
SAND:
1.66
AUD=X:
0.94
SAND:
2.15
AUD=X:
1.12
SAND:
1.29
AUD=X:
0.18
SAND:
0.90
AUD=X:
1.96
SAND:
6.99
AUD=X:
2.84%
SAND:
8.43%
AUD=X:
9.24%
SAND:
35.54%
AUD=X:
-56.54%
SAND:
-86.60%
AUD=X:
-24.92%
SAND:
-41.92%
Returns By Period
In the year-to-date period, AUD=X achieves a -3.06% return, which is significantly lower than SAND's 51.90% return. Over the past 10 years, AUD=X has underperformed SAND with an annualized return of 2.01%, while SAND has yielded a comparatively higher 9.38% annualized return.
AUD=X
-3.06%
-1.50%
3.59%
2.36%
0.30%
2.01%
SAND
51.90%
11.69%
37.60%
51.31%
1.85%
9.38%
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Risk-Adjusted Performance
AUD=X vs. SAND — Risk-Adjusted Performance Rank
AUD=X
SAND
AUD=X vs. SAND - Risk-Adjusted Performance 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.
Drawdowns
AUD=X vs. SAND - Drawdown Comparison
The maximum AUD=X drawdown since its inception was -56.54%, smaller than the maximum SAND drawdown of -86.60%. Use the drawdown chart below to compare losses from any high point for AUD=X and SAND. For additional features, visit the drawdowns tool.
Volatility
AUD=X vs. SAND - Volatility Comparison
The current volatility for USD/AUD (AUD=X) is 0.15%, while Sandstorm Gold Ltd. (SAND) has a volatility of 12.97%. This indicates that AUD=X experiences smaller price fluctuations and is considered to be less risky than SAND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.