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.
Key characteristics
| BNB-USD | GOLD | |
|---|---|---|
| YTD Return | 94.63% | -8.04% |
| 1Y Return | 79.73% | -11.75% |
| 3Y Return (Ann) | 6.38% | -6.33% |
| 5Y Return (Ann) | 92.73% | 7.60% |
| Sharpe Ratio | 5.34 | -0.38 |
| Daily Std Dev | 44.04% | 29.57% |
| Max Drawdown | -80.10% | -88.52% |
| Current Drawdown | -10.00% | -62.71% |
Correlation
The correlation between BNB-USD and GOLD is 0.11, 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
In the year-to-date period, BNB-USD achieves a 94.63% return, which is significantly higher than GOLD's -8.04% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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 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 -88.52%. 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 15.97% compared to Barrick Gold Corporation (GOLD) at 10.44%. 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.