CL=F vs. GOLD
Compare and contrast key facts about Crude Oil WTI (CL=F) and Barrick Gold Corporation (GOLD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CL=F or GOLD.
Correlation
The correlation between CL=F and GOLD is 0.15, 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
CL=F vs. GOLD - Performance Comparison
Key characteristics
CL=F:
-0.65
GOLD:
0.83
CL=F:
-0.77
GOLD:
1.31
CL=F:
0.91
GOLD:
1.16
CL=F:
-0.32
GOLD:
0.40
CL=F:
-1.18
GOLD:
2.26
CL=F:
14.92%
GOLD:
12.00%
CL=F:
26.73%
GOLD:
32.78%
CL=F:
-93.11%
GOLD:
-88.51%
CL=F:
-51.67%
GOLD:
-57.90%
Returns By Period
In the year-to-date period, CL=F achieves a -1.45% return, which is significantly lower than GOLD's 18.06% return. Over the past 10 years, CL=F has underperformed GOLD with an annualized return of 3.16%, while GOLD has yielded a comparatively higher 5.76% annualized return.
CL=F
-1.45%
-6.92%
-5.02%
-10.67%
4.93%
3.16%
GOLD
18.06%
16.04%
-9.78%
30.19%
-0.47%
5.76%
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
CL=F vs. GOLD — Risk-Adjusted Performance Rank
CL=F
GOLD
CL=F vs. GOLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Crude Oil WTI (CL=F) and Barrick Gold Corporation (GOLD). 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
CL=F vs. GOLD - Drawdown Comparison
The maximum CL=F drawdown since its inception was -93.11%, which is greater than GOLD's maximum drawdown of -88.51%. Use the drawdown chart below to compare losses from any high point for CL=F and GOLD. For additional features, visit the drawdowns tool.
Volatility
CL=F vs. GOLD - Volatility Comparison
The current volatility for Crude Oil WTI (CL=F) is 5.94%, while Barrick Gold Corporation (GOLD) has a volatility of 10.00%. This indicates that CL=F experiences smaller price fluctuations and is considered to be less risky than GOLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.