BAR vs. GLTR
Compare and contrast key facts about GraniteShares Gold Shares (BAR) and Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR).
BAR and GLTR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BAR is a passively managed fund by GraniteShares that tracks the performance of the LBMA Gold Price PM ($/ozt). It was launched on Aug 31, 2017. GLTR is a passively managed fund by Abrdn Plc that tracks the performance of the ETFS Physical Precious Metals Basket Index. It was launched on Oct 22, 2010. Both BAR and GLTR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BAR or GLTR.
Key characteristics
| BAR | GLTR | |
|---|---|---|
| YTD Return | 25.90% | 22.56% |
| 1Y Return | 33.35% | 30.77% |
| 3Y Return (Ann) | 11.52% | 5.76% |
| 5Y Return (Ann) | 11.93% | 8.95% |
| Sharpe Ratio | 2.33 | 1.70 |
| Sortino Ratio | 3.08 | 2.32 |
| Omega Ratio | 1.40 | 1.29 |
| Calmar Ratio | 5.09 | 1.18 |
| Martin Ratio | 15.10 | 9.04 |
| Ulcer Index | 2.26% | 3.51% |
| Daily Std Dev | 14.64% | 18.69% |
| Max Drawdown | -21.53% | -55.70% |
| Current Drawdown | -6.69% | -8.39% |
Correlation
The correlation between BAR and GLTR is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BAR vs. GLTR - Performance Comparison
In the year-to-date period, BAR achieves a 25.90% return, which is significantly higher than GLTR's 22.56% 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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BAR vs. GLTR - Expense Ratio Comparison
BAR has a 0.17% expense ratio, which is lower than GLTR's 0.60% expense ratio.
Risk-Adjusted Performance
BAR vs. GLTR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares Gold Shares (BAR) and Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR). 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
BAR vs. GLTR - Dividend Comparison
Neither BAR nor GLTR has paid dividends to shareholders.
Drawdowns
BAR vs. GLTR - Drawdown Comparison
The maximum BAR drawdown since its inception was -21.53%, smaller than the maximum GLTR drawdown of -55.70%. Use the drawdown chart below to compare losses from any high point for BAR and GLTR. For additional features, visit the drawdowns tool.
Volatility
BAR vs. GLTR - Volatility Comparison
The current volatility for GraniteShares Gold Shares (BAR) is 5.44%, while Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR) has a volatility of 6.59%. This indicates that BAR experiences smaller price fluctuations and is considered to be less risky than GLTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.