BYDDY vs. GLDM
BYDDY (BYD Company Limited ADR) is a stock, while GLDM (SPDR Gold MiniShares Trust) is Gold fund tracking the LBMA Gold Price PM. Over the past 5 years, BYDDY returned 4.37%/yr vs 17.41%/yr for GLDM. At a 0.08 correlation, their price movements are largely independent.
Performance
BYDDY vs. GLDM - Performance Comparison
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Returns By Period
In the year-to-date period, BYDDY achieves a -8.48% return, which is significantly lower than GLDM's -2.40% return.
BYDDY
- 1D
- 0.66%
- 1M
- -13.95%
- YTD
- -8.48%
- 6M
- -10.33%
- 1Y
- -36.06%
- 3Y*
- 1.04%
- 5Y*
- 4.37%
- 10Y*
- 20.45%
GLDM
- 1D
- 0.11%
- 1M
- -10.20%
- YTD
- -2.40%
- 6M
- -2.09%
- 1Y
- 24.17%
- 3Y*
- 29.27%
- 5Y*
- 17.41%
- 10Y*
- —
BYDDY vs. GLDM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
BYDDY BYD Company Limited ADR | -8.48% | 7.97% | 24.81% | 13.06% | -27.17% | 28.02% | 432.95% | -21.04% | 5.53% |
GLDM SPDR Gold MiniShares Trust | -2.40% | 64.20% | 27.08% | 13.04% | -0.47% | -4.01% | 25.10% | 18.10% | 1.75% |
Correlation
The correlation between BYDDY and GLDM is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2018 | 0.08 |
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Return for Risk
BYDDY vs. GLDM — Risk / Return Rank
BYDDY
GLDM
BYDDY vs. GLDM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BYD Company Limited ADR (BYDDY) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BYDDY | GLDM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.88 | ||
| Sortino ratioReturn per unit of downside risk | -2.72 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 1.19 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | -1.03 | 1.00 | -2.02 |
| Martin ratioReturn relative to average drawdown | -1.59 | 2.87 | -4.46 |
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Drawdowns
BYDDY vs. GLDM - Drawdown Comparison
The maximum BYDDY drawdown since its inception was -97.38%, which is greater than GLDM's maximum drawdown of -24.35%. Use the drawdown chart below to compare losses from any high point for BYDDY and GLDM.
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Drawdown Indicators
| BYDDY | GLDM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.38% | -24.35% | -73.03% |
Max Drawdown (1Y)Largest decline over 1 year | -35.21% | -24.35% | -10.86% |
Max Drawdown (3Y)Largest decline over 3 years | -43.68% | -24.35% | -19.33% |
Max Drawdown (5Y)Largest decline over 5 years | -48.16% | -24.35% | -23.81% |
Max Drawdown (10Y)Largest decline over 10 years | -58.18% | — | — |
Current DrawdownCurrent decline from peak | -43.25% | -21.96% | -21.29% |
Average DrawdownAverage peak-to-trough decline | -63.73% | -6.27% | -57.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.19% | 8.44% | +15.75% |
Volatility
BYDDY vs. GLDM - Volatility Comparison
BYD Company Limited ADR (BYDDY) has a higher volatility of 8.66% compared to SPDR Gold MiniShares Trust (GLDM) at 7.73%. This indicates that BYDDY'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.
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Volatility by Period
| BYDDY | GLDM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.66% | 7.73% | +0.93% |
Volatility (6M)Calculated over the trailing 6-month period | 28.41% | 23.93% | +4.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.02% | 27.15% | +9.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.80% | 18.13% | +27.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.24% | 16.98% | +30.26% |
Dividends
BYDDY vs. GLDM - Dividend Comparison
BYDDY's dividend yield for the trailing twelve months is around 0.48%, while GLDM has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
BYDDY BYD Company Limited ADR | 0.48% | 1.45% | 1.26% | 0.60% | 0.07% | 0.07% | 0.03% | 0.47% | 0.28% | 0.52% | 1.92% |
GLDM SPDR Gold MiniShares Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
BYDDY and GLDM have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BYDDY has higher volatility (8.66%) compared to GLDM (7.73%). In terms of maximum drawdown, BYDDY dropped -97.38% vs GLDM's -24.35%.
GLDM currently has the higher Sharpe Ratio (0.90 vs -0.98), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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