CETX vs. GLD
CETX (Cemtrex Inc) is a stock, while GLD (SPDR Gold Shares) is Gold fund tracking the LBMA Gold Price PM. Over the past 10 years, CETX returned -75.55%/yr vs 11.59%/yr for GLD. At a 0.02 correlation, their price movements are largely independent.
Performance
CETX vs. GLD - Performance Comparison
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Returns By Period
In the year-to-date period, CETX achieves a -84.90% return, which is significantly lower than GLD's -4.79% return. Over the past 10 years, CETX has underperformed GLD with an annualized return of -75.55%, while GLD has yielded a comparatively higher 11.59% annualized return.
CETX
- 1D
- 2.09%
- 1M
- -58.05%
- YTD
- -84.90%
- 6M
- -84.17%
- 1Y
- -97.42%
- 3Y*
- -95.50%
- 5Y*
- -89.22%
- 10Y*
- -75.55%
GLD
- 1D
- -1.89%
- 1M
- -8.82%
- YTD
- -4.79%
- 6M
- -8.78%
- 1Y
- 21.29%
- 3Y*
- 28.41%
- 5Y*
- 17.84%
- 10Y*
- 11.59%
CETX vs. GLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CETX Cemtrex Inc | -84.90% | -94.03% | -98.35% | 15.72% | -84.91% | -39.27% | 3.85% | -71.70% | -77.47% | -65.25% |
GLD SPDR Gold Shares | -4.79% | 63.68% | 26.66% | 12.69% | -0.77% | -4.15% | 24.81% | 17.86% | -1.94% | 12.81% |
Correlation
The correlation between CETX and GLD is -0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Jun 25, 2015 | 0.02 |
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Return for Risk
CETX vs. GLD — Risk / Return Rank
CETX
GLD
CETX vs. GLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cemtrex Inc (CETX) 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.
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.
| CETX | GLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.27 | ||
| Sortino ratioReturn per unit of downside risk | -3.08 | ||
| Omega ratioGain probability vs. loss probability | 0.78 | 1.17 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | -0.99 | 0.87 | -1.87 |
| Martin ratioReturn relative to average drawdown | -1.25 | 2.35 | -3.60 |
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Drawdowns
CETX vs. GLD - Drawdown Comparison
The maximum CETX drawdown since its inception was -100.00%, which is greater than GLD's maximum drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for CETX and GLD.
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Drawdown Indicators
| CETX | GLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -100.00% | -45.56% | -54.44% |
Max Drawdown (1Y)Largest decline over 1 year | -98.11% | -24.46% | -73.65% |
Max Drawdown (3Y)Largest decline over 3 years | -99.99% | -24.46% | -75.53% |
Max Drawdown (5Y)Largest decline over 5 years | -100.00% | -24.46% | -75.54% |
Max Drawdown (10Y)Largest decline over 10 years | -100.00% | -24.46% | -75.54% |
Current DrawdownCurrent decline from peak | -100.00% | -23.91% | -76.09% |
Average DrawdownAverage peak-to-trough decline | -83.32% | -16.17% | -67.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 77.53% | 9.10% | +68.43% |
Volatility
CETX vs. GLD - Volatility Comparison
Cemtrex Inc (CETX) has a higher volatility of 48.88% compared to SPDR Gold Shares (GLD) at 8.18%. This indicates that CETX'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
| CETX | GLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 48.88% | 8.18% | +40.70% |
Volatility (6M)Calculated over the trailing 6-month period | 111.85% | 24.38% | +87.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 198.14% | 27.57% | +170.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1,279.47% | 18.24% | +1,261.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 909.12% | 16.04% | +893.08% |
Dividends
CETX vs. GLD - Dividend Comparison
Neither CETX nor GLD has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
CETX Cemtrex Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.78% |
GLD SPDR Gold Shares | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CETX and GLD have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CETX has higher volatility (48.88%) compared to GLD (8.18%). In terms of maximum drawdown, CETX dropped -100.00% vs GLD's -45.56%.
GLD currently has the higher Sharpe Ratio (0.78 vs -0.49), 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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