BNB-USD vs. GOLD
Compare and contrast key facts about Binance Coin (BNB-USD) and Barrick Gold Corporation (GOLD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BNB-USD or GOLD.
Correlation
The correlation between BNB-USD and GOLD is 0.12, 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
BNB-USD vs. GOLD - Performance Comparison
Key characteristics
BNB-USD:
0.20
GOLD:
0.83
BNB-USD:
0.68
GOLD:
1.31
BNB-USD:
1.07
GOLD:
1.16
BNB-USD:
0.06
GOLD:
0.40
BNB-USD:
1.11
GOLD:
2.26
BNB-USD:
9.65%
GOLD:
12.00%
BNB-USD:
49.26%
GOLD:
32.78%
BNB-USD:
-80.10%
GOLD:
-88.51%
BNB-USD:
-13.78%
GOLD:
-57.90%
Returns By Period
In the year-to-date period, BNB-USD achieves a -7.72% return, which is significantly lower than GOLD's 18.06% return.
BNB-USD
-7.72%
-6.92%
9.31%
69.34%
95.20%
N/A
GOLD
18.06%
16.04%
-9.78%
30.19%
-0.47%
5.76%
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Risk-Adjusted Performance
BNB-USD vs. GOLD — Risk-Adjusted Performance Rank
BNB-USD
GOLD
BNB-USD vs. GOLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Binance Coin (BNB-USD) and Barrick Gold Corporation (GOLD). 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
BNB-USD vs. GOLD - Drawdown Comparison
The maximum BNB-USD drawdown since its inception was -80.10%, smaller than the maximum GOLD drawdown of -88.51%. Use the drawdown chart below to compare losses from any high point for BNB-USD and GOLD. For additional features, visit the drawdowns tool.
Volatility
BNB-USD vs. GOLD - Volatility Comparison
Binance Coin (BNB-USD) has a higher volatility of 17.09% compared to Barrick Gold Corporation (GOLD) at 10.17%. This indicates that BNB-USD's price experiences larger fluctuations and is considered to be riskier than GOLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.