CL=F vs. GOLD

In the year-to-date period, CL=F achieves a -14.13% return, which is significantly lower than GOLD's 23.73% return. Over the past 10 years, CL=F has underperformed GOLD with an annualized return of 0.14%, while GOLD has yielded a comparatively higher 6.97% annualized return.

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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.

The current CL=F Sharpe Ratio is -0.70, which is lower than the GOLD Sharpe Ratio of 0.43. The chart below compares the historical Sharpe Ratios of CL=F and GOLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

The maximum CL=F drawdown since its inception was -92.04%, roughly equal to the maximum GOLD drawdown of -88.51%. Use the drawdown chart below to compare losses from any high point for CL=F and GOLD.

The current volatility for Crude Oil WTI (CL=F) is 7.64%, while Barrick Gold Corporation (GOLD) has a volatility of 11.43%. 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.