CN vs. GLDM
Compare and contrast key facts about Xtrackers MSCI All China Equity ETF (CN) and SPDR Gold MiniShares Trust (GLDM).
CN and GLDM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CN is a passively managed fund by Deutsche Bank that tracks the performance of the MSCI China All Shares. It was launched on Apr 30, 2014. 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. Both CN and GLDM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CN or GLDM.
Key characteristics
| CN | GLDM | |
|---|---|---|
| YTD Return | -64.29% | 13.30% |
| 1Y Return | -25.00% | 16.17% |
| 3Y Return (Ann) | -11.56% | 8.14% |
| 5Y Return (Ann) | 35.86% | 12.39% |
| Sharpe Ratio | -0.20 | 1.30 |
| Daily Std Dev | 147.99% | 12.29% |
| Max Drawdown | -99.11% | -21.63% |
| Current Drawdown | -91.07% | -2.19% |
Correlation
The correlation between CN and GLDM is 0.08, 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
CN vs. GLDM - Performance Comparison
In the year-to-date period, CN achieves a -64.29% return, which is significantly lower than GLDM's 13.30% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CN vs. GLDM - Expense Ratio Comparison
CN has a 0.50% expense ratio, which is higher than GLDM's 0.18% expense ratio.
Risk-Adjusted Performance
CN vs. GLDM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI All China Equity ETF (CN) 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
CN vs. GLDM - Dividend Comparison
CN's dividend yield for the trailing twelve months is around 16,459.04%, while GLDM has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
CN Xtrackers MSCI All China Equity ETF | 16,459.04% | 235.17% | 61.66% | 530.55% | 159.04% | 3,205.11% | 989.83% | 318.27% | 2,808.84% | 4,168.13% | 888.58% |
GLDM SPDR Gold MiniShares Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CN vs. GLDM - Drawdown Comparison
The maximum CN drawdown since its inception was -99.11%, which is greater than GLDM's maximum drawdown of -21.63%. Use the drawdown chart below to compare losses from any high point for CN and GLDM. For additional features, visit the drawdowns tool.
Volatility
CN vs. GLDM - Volatility Comparison
Xtrackers MSCI All China Equity ETF (CN) has a higher volatility of 34.84% compared to SPDR Gold MiniShares Trust (GLDM) at 4.72%. This indicates that CN'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.