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:
0.60
GOLD:
-0.21
BNB-USD:
1.19
GOLD:
-0.07
BNB-USD:
1.12
GOLD:
0.99
BNB-USD:
0.30
GOLD:
-0.10
BNB-USD:
1.84
GOLD:
-0.60
BNB-USD:
17.24%
GOLD:
11.75%
BNB-USD:
48.52%
GOLD:
33.52%
BNB-USD:
-80.10%
GOLD:
-88.51%
BNB-USD:
-6.88%
GOLD:
-64.17%
Returns By Period
In the year-to-date period, BNB-USD achieves a -0.34% return, which is significantly lower than GOLD's 0.52% return.
BNB-USD
-0.34%
-2.85%
21.17%
119.99%
110.07%
N/A
GOLD
0.52%
-7.15%
-18.20%
-9.59%
-0.29%
4.79%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 12.93% compared to Barrick Gold Corporation (GOLD) at 7.70%. 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.