BZ=F vs. GC=F
Compare and contrast key facts about Crude Oil Brent (BZ=F) and Gold (GC=F).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BZ=F or GC=F.
Correlation
The correlation between BZ=F and GC=F is 0.07, 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
BZ=F vs. GC=F - Performance Comparison
Key characteristics
BZ=F:
-0.69
GC=F:
2.31
BZ=F:
-0.84
GC=F:
2.86
BZ=F:
0.90
GC=F:
1.41
BZ=F:
-0.32
GC=F:
4.33
BZ=F:
-1.17
GC=F:
10.89
BZ=F:
14.53%
GC=F:
3.18%
BZ=F:
23.78%
GC=F:
14.76%
BZ=F:
-86.77%
GC=F:
-44.36%
BZ=F:
-49.05%
GC=F:
-0.08%
Returns By Period
In the year-to-date period, BZ=F achieves a -0.28% return, which is significantly lower than GC=F's 11.73% return. Over the past 10 years, BZ=F has underperformed GC=F with an annualized return of 2.32%, while GC=F has yielded a comparatively higher 8.26% annualized return.
BZ=F
-0.28%
-4.76%
-5.81%
-11.04%
4.66%
2.32%
GC=F
11.73%
6.14%
17.11%
45.45%
10.84%
8.26%
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Risk-Adjusted Performance
BZ=F vs. GC=F — Risk-Adjusted Performance Rank
BZ=F
GC=F
BZ=F vs. GC=F - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Crude Oil Brent (BZ=F) and Gold (GC=F). 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
BZ=F vs. GC=F - Drawdown Comparison
The maximum BZ=F drawdown since its inception was -86.77%, which is greater than GC=F's maximum drawdown of -44.36%. Use the drawdown chart below to compare losses from any high point for BZ=F and GC=F. For additional features, visit the drawdowns tool.
Volatility
BZ=F vs. GC=F - Volatility Comparison
Crude Oil Brent (BZ=F) has a higher volatility of 5.33% compared to Gold (GC=F) at 3.97%. This indicates that BZ=F's price experiences larger fluctuations and is considered to be riskier than GC=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.