CNYUSD=X vs. GLD

In the year-to-date period, CNYUSD=X achieves a 1.39% return, which is significantly lower than GLD's 25.39% return. Over the past 10 years, CNYUSD=X has underperformed GLD with an annualized return of -1.48%, while GLD has yielded a comparatively higher 10.25% annualized return.

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This table presents a comparison of risk-adjusted performance metrics for CNY/USD (CNYUSD=X) and SPDR Gold Trust (GLD). 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 CNYUSD=X Sharpe Ratio is 0.12, which is lower than the GLD Sharpe Ratio of 2.26. The chart below compares the historical Sharpe Ratios of CNYUSD=X and GLD, 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 CNYUSD=X drawdown since its inception was -17.76%, smaller than the maximum GLD drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for CNYUSD=X and GLD.

The current volatility for CNY/USD (CNYUSD=X) is 1.08%, while SPDR Gold Trust (GLD) has a volatility of 7.88%. This indicates that CNYUSD=X experiences smaller price fluctuations and is considered to be less risky than GLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.