BOLSY vs. GLDM
Compare and contrast key facts about B3 S.A. - Brasil Bolsa Balcão (BOLSY) and SPDR Gold MiniShares Trust (GLDM).
GLDM is a passively managed fund by State Street that tracks the performance of the LBMA Gold PM Price. It was launched on Jun 25, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BOLSY or GLDM.
Correlation
The correlation between BOLSY and GLDM is 0.06, 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
BOLSY vs. GLDM - Performance Comparison
Key characteristics
BOLSY:
-0.53
GLDM:
2.93
BOLSY:
-0.54
GLDM:
3.68
BOLSY:
0.94
GLDM:
1.50
BOLSY:
-0.41
GLDM:
5.52
BOLSY:
-0.95
GLDM:
15.20
BOLSY:
22.74%
GLDM:
2.94%
BOLSY:
40.93%
GLDM:
15.29%
BOLSY:
-63.10%
GLDM:
-21.63%
BOLSY:
-36.62%
GLDM:
-1.48%
Returns By Period
In the year-to-date period, BOLSY achieves a 17.69% return, which is significantly higher than GLDM's 9.96% return.
BOLSY
17.69%
15.47%
-12.30%
-18.10%
N/A
N/A
GLDM
9.96%
6.80%
15.12%
43.28%
12.26%
N/A
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Risk-Adjusted Performance
BOLSY vs. GLDM — Risk-Adjusted Performance Rank
BOLSY
GLDM
BOLSY vs. GLDM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for B3 S.A. - Brasil Bolsa Balcão (BOLSY) and SPDR Gold MiniShares Trust (GLDM). 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.
Dividends
BOLSY vs. GLDM - Dividend Comparison
BOLSY's dividend yield for the trailing twelve months is around 2.77%, while GLDM has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
BOLSY B3 S.A. - Brasil Bolsa Balcão | 2.77% | 4.45% | 2.50% | 4.31% | 5.26% |
GLDM SPDR Gold MiniShares Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BOLSY vs. GLDM - Drawdown Comparison
The maximum BOLSY drawdown since its inception was -63.10%, which is greater than GLDM's maximum drawdown of -21.63%. Use the drawdown chart below to compare losses from any high point for BOLSY and GLDM. For additional features, visit the drawdowns tool.
Volatility
BOLSY vs. GLDM - Volatility Comparison
B3 S.A. - Brasil Bolsa Balcão (BOLSY) has a higher volatility of 10.64% compared to SPDR Gold MiniShares Trust (GLDM) at 3.75%. This indicates that BOLSY's price experiences larger fluctuations and is considered to be riskier than GLDM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.