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:
0.56
GOLD:
0.03
BNB-USD:
1.14
GOLD:
0.27
BNB-USD:
1.11
GOLD:
1.03
BNB-USD:
0.27
GOLD:
0.01
BNB-USD:
1.73
GOLD:
0.09
BNB-USD:
17.18%
GOLD:
10.69%
BNB-USD:
49.52%
GOLD:
33.76%
BNB-USD:
-80.10%
GOLD:
-88.52%
BNB-USD:
-8.04%
GOLD:
-61.03%
Returns By Period
In the year-to-date period, BNB-USD achieves a 120.82% return, which is significantly higher than GOLD's -3.90% return.
BNB-USD
120.82%
10.50%
10.50%
187.79%
115.56%
N/A
GOLD
-3.90%
-7.17%
4.34%
3.54%
1.97%
5.93%
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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 19.92% compared to Barrick Gold Corporation (GOLD) at 9.64%. 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.