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:
-0.94
GC=F:
2.00
BZ=F:
-1.21
GC=F:
2.54
BZ=F:
0.85
GC=F:
1.35
BZ=F:
-0.43
GC=F:
3.85
BZ=F:
-1.81
GC=F:
9.79
BZ=F:
13.80%
GC=F:
3.14%
BZ=F:
25.63%
GC=F:
15.30%
BZ=F:
-86.77%
GC=F:
-44.36%
BZ=F:
-58.19%
GC=F:
-3.33%
Returns By Period
In the year-to-date period, BZ=F achieves a -18.18% return, which is significantly lower than GC=F's 15.45% return. Over the past 10 years, BZ=F has underperformed GC=F with an annualized return of 0.52%, while GC=F has yielded a comparatively higher 8.53% annualized return.
BZ=F
-18.18%
-13.20%
-20.47%
-32.43%
13.34%
0.52%
GC=F
15.45%
4.50%
16.08%
30.18%
10.28%
8.53%
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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 11.17% compared to Gold (GC=F) at 5.16%. 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.