BJ vs. GLD
BJ (BJ's Wholesale Club Holdings, Inc.) is a stock, while GLD (SPDR Gold Shares) is Gold fund tracking the LBMA Gold Price PM. Over the past 5 years, BJ returned 13.50%/yr vs 16.85%/yr for GLD. At a 0.01 correlation, their price movements are largely independent.
Performance
BJ vs. GLD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BJ achieves a 4.31% return, which is significantly higher than GLD's -7.24% return.
BJ
- 1D
- 0.55%
- 1M
- 10.20%
- 6M
- 0.55%
- YTD
- 4.31%
- 1Y
- -10.31%
- 3Y*
- 12.99%
- 5Y*
- 13.50%
- 10Y*
- —
- ALL TIME*
- 20.24%
GLD
- 1D
- -0.22%
- 1M
- -5.04%
- 6M
- -12.74%
- YTD
- -7.24%
- 1Y
- 19.20%
- 3Y*
- 26.36%
- 5Y*
- 16.85%
- 10Y*
- 11.27%
- ALL TIME*
- 10.24%
BJ vs. GLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
BJ BJ's Wholesale Club Holdings, Inc. | 4.31% | 0.76% | 34.04% | 0.76% | -1.21% | 79.64% | 63.94% | 2.62% | 4.28% |
GLD SPDR Gold Shares | -7.24% | 63.68% | 26.66% | 12.69% | -0.77% | -4.15% | 24.81% | 17.86% | 2.25% |
Correlation
The correlation between BJ and GLD is -0.02, 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 | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Jun 28, 2018 | 0.01 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BJ vs. GLD — Risk / Return Rank
BJ
GLD
BJ vs. GLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BJ's Wholesale Club Holdings, Inc. (BJ) and SPDR Gold Shares (GLD). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BJ | GLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.04 | ||
| Sortino ratioReturn per unit of downside risk | -1.32 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.15 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | -0.44 | 0.73 | -1.17 |
| Martin ratioReturn relative to average drawdown | -0.70 | 1.71 | -2.41 |
Loading charts...
Drawdowns
BJ vs. GLD - Drawdown Comparison
The maximum BJ drawdown since its inception was -38.76%, smaller than the maximum GLD drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for BJ and GLD.
Loading charts...
Drawdown Indicators
| BJ | GLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.76% | -45.56% | +6.80% |
Max Drawdown (1Y)Largest decline over 1 year | -23.79% | -26.40% | +2.61% |
Max Drawdown (3Y)Largest decline over 3 years | -30.12% | -26.40% | -3.72% |
Max Drawdown (5Y)Largest decline over 5 years | -30.12% | -26.40% | -3.72% |
Max Drawdown (10Y)Largest decline over 10 years | — | -26.40% | — |
Current DrawdownCurrent decline from peak | -21.70% | -25.87% | +4.17% |
Average DrawdownAverage peak-to-trough decline | -12.65% | -16.19% | +3.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.69% | 11.28% | +3.41% |
Volatility
BJ vs. GLD - Volatility Comparison
BJ's Wholesale Club Holdings, Inc. (BJ) has a higher volatility of 8.49% compared to SPDR Gold Shares (GLD) at 6.38%. This indicates that BJ's price experiences larger fluctuations and is considered to be riskier than GLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BJ | GLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.49% | 6.38% | +2.11% |
Volatility (6M)Calculated over the trailing 6-month period | 22.69% | 24.20% | -1.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.93% | 28.06% | +1.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.42% | 18.42% | +14.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.06% | 16.11% | +20.95% |
Dividends
BJ vs. GLD - Dividend Comparison
Neither BJ nor GLD has paid dividends to shareholders.
Frequently Asked Questions
BJ and GLD have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BJ has higher volatility (8.49%) compared to GLD (6.38%). In terms of maximum drawdown, BJ dropped -38.76% vs GLD's -45.56%.
GLD currently has the higher Sharpe Ratio (0.69 vs -0.35), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for BJ and GLD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer