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 -76.98%/yr vs 11.21%/yr for GLD. At a 0.01 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 -90.46% return, which is significantly lower than GLD's -7.36% return. Over the past 10 years, CETX has underperformed GLD with an annualized return of -76.98%, while GLD has yielded a comparatively higher 11.21% annualized return.
CETX
- 1D
- -5.00%
- 1M
- -35.34%
- 6M
- -90.12%
- YTD
- -90.46%
- 1Y
- -98.72%
- 3Y*
- -96.15%
- 5Y*
- -90.08%
- 10Y*
- -76.98%
GLD
- 1D
- -2.62%
- 1M
- -5.02%
- 6M
- -13.05%
- YTD
- -7.36%
- 1Y
- 18.76%
- 3Y*
- 26.48%
- 5Y*
- 16.50%
- 10Y*
- 11.21%
CETX vs. GLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CETX Cemtrex Inc | -90.46% | -94.03% | -98.35% | 15.72% | -84.91% | -39.27% | 3.85% | -71.70% | -77.47% | -65.25% |
GLD SPDR Gold Shares | -7.36% | 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 -0.02, 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 | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
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 | 0.01 |
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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 | -1.17 | ||
| Sortino ratioReturn per unit of downside risk | -3.55 | ||
| Omega ratioGain probability vs. loss probability | 0.72 | 1.15 | -0.42 |
| Calmar ratioReturn relative to maximum drawdown | -1.00 | 0.72 | -1.72 |
| Martin ratioReturn relative to average drawdown | -1.22 | 1.76 | -2.98 |
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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 | -98.78% | -26.21% | -72.57% |
Max Drawdown (3Y)Largest decline over 3 years | -99.99% | -26.21% | -73.78% |
Max Drawdown (5Y)Largest decline over 5 years | -100.00% | -26.21% | -73.79% |
Max Drawdown (10Y)Largest decline over 10 years | -100.00% | -26.21% | -73.79% |
Current DrawdownCurrent decline from peak | -100.00% | -25.97% | -74.03% |
Average DrawdownAverage peak-to-trough decline | -83.40% | -16.19% | -67.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 80.70% | 10.69% | +70.01% |
Volatility
CETX vs. GLD - Volatility Comparison
Cemtrex Inc (CETX) has a higher volatility of 26.65% compared to SPDR Gold Shares (GLD) at 7.58%. 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 | 26.65% | 7.58% | +19.07% |
Volatility (6M)Calculated over the trailing 6-month period | 99.85% | 24.18% | +75.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 199.27% | 27.96% | +171.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1,279.43% | 18.39% | +1,261.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 909.13% | 16.10% | +893.03% |
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 -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CETX has higher volatility (26.65%) compared to GLD (7.58%). In terms of maximum drawdown, CETX dropped -100.00% vs GLD's -45.56%.
GLD currently has the higher Sharpe Ratio (0.68 vs -0.50), 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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