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:
0.09
GOLD:
-0.24
CL=F:
0.32
GOLD:
-0.11
CL=F:
1.04
GOLD:
0.99
CL=F:
0.05
GOLD:
-0.12
CL=F:
0.18
GOLD:
-0.77
CL=F:
13.76%
GOLD:
10.48%
CL=F:
27.37%
GOLD:
33.50%
CL=F:
-93.11%
GOLD:
-88.51%
CL=F:
-44.84%
GOLD:
-63.57%
Returns By Period
In the year-to-date period, CL=F achieves a 11.74% return, which is significantly higher than GOLD's 2.19% return. Over the past 10 years, CL=F has underperformed GOLD with an annualized return of 4.48%, while GOLD has yielded a comparatively higher 4.96% annualized return.
CL=F
11.74%
13.34%
-1.60%
10.51%
5.69%
4.48%
GOLD
2.19%
-3.12%
-15.20%
1.60%
0.20%
4.96%
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
Crude Oil WTI (CL=F) has a higher volatility of 6.47% compared to Barrick Gold Corporation (GOLD) at 5.57%. This indicates that CL=F's price experiences larger fluctuations and is considered to be riskier than GOLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.