CMCL vs. GLDM
Compare and contrast key facts about Caledonia Mining Corporation Plc (CMCL) and SPDR Gold MiniShares Trust (GLDM).
GLDM is a passively managed fund by State Street that tracks the performance of the LBMA Gold PM Price. It was launched on Jun 25, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CMCL or GLDM.
Correlation
The correlation between CMCL and GLDM is 0.40, 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
CMCL vs. GLDM - Performance Comparison
Key characteristics
CMCL:
-0.50
GLDM:
1.82
CMCL:
-0.45
GLDM:
2.43
CMCL:
0.95
GLDM:
1.32
CMCL:
-0.38
GLDM:
3.35
CMCL:
-1.14
GLDM:
9.65
CMCL:
20.38%
GLDM:
2.80%
CMCL:
46.72%
GLDM:
14.86%
CMCL:
-65.76%
GLDM:
-21.63%
CMCL:
-60.26%
GLDM:
-6.86%
Returns By Period
In the year-to-date period, CMCL achieves a -21.02% return, which is significantly lower than GLDM's 25.74% return.
CMCL
-21.02%
-17.88%
-8.49%
-23.53%
7.43%
N/A
GLDM
25.74%
-1.42%
10.03%
27.77%
11.82%
N/A
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Risk-Adjusted Performance
CMCL vs. GLDM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Caledonia Mining Corporation Plc (CMCL) and SPDR Gold MiniShares Trust (GLDM). 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.
Dividends
CMCL vs. GLDM - Dividend Comparison
CMCL's dividend yield for the trailing twelve months is around 4.53%, while GLDM has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
CMCL Caledonia Mining Corporation Plc | 4.53% | 4.59% | 4.52% | 4.29% | 2.11% | 3.28% | 5.24% | 1.85% |
GLDM SPDR Gold MiniShares Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CMCL vs. GLDM - Drawdown Comparison
The maximum CMCL drawdown since its inception was -65.76%, which is greater than GLDM's maximum drawdown of -21.63%. Use the drawdown chart below to compare losses from any high point for CMCL and GLDM. For additional features, visit the drawdowns tool.
Volatility
CMCL vs. GLDM - Volatility Comparison
Caledonia Mining Corporation Plc (CMCL) has a higher volatility of 12.92% compared to SPDR Gold MiniShares Trust (GLDM) at 5.08%. This indicates that CMCL's price experiences larger fluctuations and is considered to be riskier than GLDM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.