CDE vs. GLD
Compare and contrast key facts about Coeur Mining, Inc. (CDE) and SPDR Gold Trust (GLD).
GLD is a passively managed fund by State Street that tracks the performance of the Gold Bullion. It was launched on Nov 18, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CDE or GLD.
Key characteristics
| CDE | GLD | |
|---|---|---|
| YTD Return | 91.10% | 23.98% |
| 1Y Return | 165.11% | 30.48% |
| 3Y Return (Ann) | -3.87% | 10.84% |
| 5Y Return (Ann) | -0.19% | 11.42% |
| 10Y Return (Ann) | 3.64% | 7.60% |
| Sharpe Ratio | 2.38 | 2.04 |
| Sortino Ratio | 2.92 | 2.74 |
| Omega Ratio | 1.33 | 1.36 |
| Calmar Ratio | 1.70 | 3.79 |
| Martin Ratio | 12.48 | 12.68 |
| Ulcer Index | 13.50% | 2.38% |
| Daily Std Dev | 70.69% | 14.77% |
| Max Drawdown | -99.39% | -45.56% |
| Current Drawdown | -97.82% | -7.96% |
Correlation
The correlation between CDE and GLD is 0.57, 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.
Performance
CDE vs. GLD - Performance Comparison
In the year-to-date period, CDE achieves a 91.10% return, which is significantly higher than GLD's 23.98% return. Over the past 10 years, CDE has underperformed GLD with an annualized return of 3.64%, while GLD has yielded a comparatively higher 7.60% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
CDE vs. GLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Coeur Mining, Inc. (CDE) and SPDR Gold Trust (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.
Dividends
CDE vs. GLD - Dividend Comparison
Neither CDE nor GLD has paid dividends to shareholders.
Drawdowns
CDE vs. GLD - Drawdown Comparison
The maximum CDE drawdown since its inception was -99.39%, which is greater than GLD's maximum drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for CDE and GLD. For additional features, visit the drawdowns tool.
Volatility
CDE vs. GLD - Volatility Comparison
Coeur Mining, Inc. (CDE) has a higher volatility of 19.43% compared to SPDR Gold Trust (GLD) at 5.43%. This indicates that CDE'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.