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CD91.DE vs. GLD
Performance
Return for Risk
Dividends
Drawdowns
Volatility

CD91.DE vs. GLD

Last updated Apr 2, 2026

Compare and contrast key facts about Amundi NYSE Arca Gold Bugs UCITS ETF Dist (CD91.DE) and SPDR Gold Shares (GLD).

CD91.DE and GLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CD91.DE is a passively managed fund by Amundi that tracks the performance of the NYSE Arca Gold BUGS. It was launched on Dec 7, 2023. GLD is a passively managed fund by State Street that tracks the performance of the LBMA Gold Price PM. It was launched on Nov 18, 2004. Both CD91.DE and GLD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

CD91.DE vs. GLD - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi NYSE Arca Gold Bugs UCITS ETF Dist (CD91.DE) and SPDR Gold Shares (GLD). The values are adjusted to include any dividend payments, if applicable.

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CD91.DE vs. GLD - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
CD91.DE
Amundi NYSE Arca Gold Bugs UCITS ETF Dist		15.48%132.40%20.73%2.42%-1.60%-8.06%15.38%49.81%-12.27%-11.24%
GLD
SPDR Gold Shares		12.17%44.25%35.02%9.31%5.38%3.02%14.53%20.52%2.66%-1.05%
Different Trading Currencies

CD91.DE is traded in EUR, while GLD is traded in USD. To make them comparable, the GLD values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, CD91.DE achieves a 15.48% return, which is significantly higher than GLD's 10.30% return. Over the past 10 years, CD91.DE has outperformed GLD with an annualized return of 16.87%, while GLD has yielded a comparatively lower 13.75% annualized return.

CD91.DE

1D
7.27%
1M
-13.37%
YTD
15.48%
6M
34.55%
1Y
112.52%
3Y*
44.76%
5Y*
25.82%
10Y*
16.87%

GLD

1D
0.00%
1M
-11.22%
YTD
10.30%
6M
22.63%
1Y
39.68%
3Y*
30.10%
5Y*
22.03%
10Y*
13.75%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Amundi NYSE Arca Gold Bugs UCITS ETF Dist

SPDR Gold Shares

Often compared with CD91.DE:
CD91.DE vs. GDXCD91.DE vs. 4GLD.DECD91.DE vs. IAUCD91.DE vs. PLTRCD91.DE vs. SPMOCD91.DE vs. BNKE.LCD91.DE vs. GLDM
Often compared with GLD:
GLD vs. IAUGLD vs. SPYGLD vs. SLVGLD vs. GOLDGLD vs. GLDMGLD vs. GDXGLD vs. SGOL

CD91.DE vs. GLD - Expense Ratio Comparison

CD91.DE has a 0.65% expense ratio, which is higher than GLD's 0.40% expense ratio.

CD91.DE
Amundi NYSE Arca Gold Bugs UCITS ETF Dist
GLD
SPDR Gold Shares

Return for Risk

CD91.DE vs. GLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CD91.DE
CD91.DE Risk / Return Rank: 9393
Overall Rank
CD91.DE Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
CD91.DE Sortino Ratio Rank: 9393
Sortino Ratio Rank
CD91.DE Omega Ratio Rank: 9090
Omega Ratio Rank
CD91.DE Calmar Ratio Rank: 9595
Calmar Ratio Rank
CD91.DE Martin Ratio Rank: 9393
Martin Ratio Rank
GLD
GLD Risk / Return Rank: 8585
Overall Rank
GLD Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
GLD Sortino Ratio Rank: 8484
Sortino Ratio Rank
GLD Omega Ratio Rank: 8585
Omega Ratio Rank
GLD Calmar Ratio Rank: 8686
Calmar Ratio Rank
GLD Martin Ratio Rank: 8484
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CD91.DE vs. GLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi NYSE Arca Gold Bugs UCITS ETF Dist (CD91.DE) and SPDR Gold Shares (GLD). 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.

CD91.DEGLDDifference

Sharpe ratio

Return per unit of total volatility

2.67

1.55

+1.11

Sortino ratio

Return per unit of downside risk

2.90

1.99

+0.91

Omega ratio

Gain probability vs. loss probability

1.40

1.31

+0.09

Calmar ratio

Return relative to maximum drawdown

4.21

2.32

+1.89

Martin ratio

Return relative to average drawdown

14.68

8.00

+6.69

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CD91.DE vs. GLD - Sharpe Ratio Comparison

The current CD91.DE Sharpe Ratio is 2.67, which is higher than the GLD Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of CD91.DE and GLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

CD91.DEGLDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.67

1.55

+1.11

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.75

1.34

-0.59

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.48

0.93

-0.45

Sharpe Ratio (All Time)

Calculated using the full available price history

0.11

0.67

-0.56

Correlation

The correlation between CD91.DE and GLD is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

CD91.DE vs. GLD - Dividend Comparison

CD91.DE's dividend yield for the trailing twelve months is around 0.12%, while GLD has not paid dividends to shareholders.

TTM202520242023202220212020201920182017
CD91.DE
Amundi NYSE Arca Gold Bugs UCITS ETF Dist		0.12%0.14%0.31%2.37%1.05%0.46%0.14%0.30%0.00%0.57%
GLD
SPDR Gold Shares		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

CD91.DE vs. GLD - Drawdown Comparison

The maximum CD91.DE drawdown since its inception was -80.32%, which is greater than GLD's maximum drawdown of -37.47%. Use the drawdown chart below to compare losses from any high point for CD91.DE and GLD.

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Drawdown Indicators

CD91.DEGLDDifference

Max Drawdown

Largest peak-to-trough decline

-80.32%

-45.56%

-34.76%

Max Drawdown (1Y)

Largest decline over 1 year

-27.16%

-19.21%

-7.95%

Max Drawdown (5Y)

Largest decline over 5 years

-39.56%

-21.03%

-18.53%

Max Drawdown (10Y)

Largest decline over 10 years

-55.46%

-22.00%

-33.46%

Current Drawdown

Current decline from peak

-13.37%

-11.71%

-1.66%

Average Drawdown

Average peak-to-trough decline

-46.89%

-16.17%

-30.72%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.79%

5.25%

+2.54%

Volatility

CD91.DE vs. GLD - Volatility Comparison

Amundi NYSE Arca Gold Bugs UCITS ETF Dist (CD91.DE) has a higher volatility of 17.63% compared to SPDR Gold Shares (GLD) at 10.37%. This indicates that CD91.DE's price experiences larger fluctuations and is considered to be riskier than GLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

CD91.DEGLDDifference

Volatility (1M)

Calculated over the trailing 1-month period

17.63%

10.37%

+7.26%

Volatility (6M)

Calculated over the trailing 6-month period

35.39%

23.27%

+12.12%

Volatility (1Y)

Calculated over the trailing 1-year period

41.98%

25.71%

+16.27%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

33.84%

16.48%

+17.36%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

34.57%

14.82%

+19.75%