CRS vs. GLDM
CRS (Carpenter Technology Corporation) is a stock, while GLDM (SPDR Gold MiniShares Trust) is Gold fund tracking the LBMA Gold Price PM. Over the past 5 years, CRS returned 68.28%/yr vs 17.41%/yr for GLDM. At a 0.06 correlation, their price movements are largely independent.
Performance
CRS vs. GLDM - Performance Comparison
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Returns By Period
In the year-to-date period, CRS achieves a 78.53% return, which is significantly higher than GLDM's -2.40% return.
CRS
- 1D
- -0.17%
- 1M
- 37.31%
- YTD
- 78.53%
- 6M
- 74.76%
- 1Y
- 126.36%
- 3Y*
- 121.69%
- 5Y*
- 68.28%
- 10Y*
- 35.01%
GLDM
- 1D
- 0.11%
- 1M
- -7.40%
- YTD
- -2.40%
- 6M
- -2.09%
- 1Y
- 22.58%
- 3Y*
- 29.27%
- 5Y*
- 17.41%
- 10Y*
- —
CRS vs. GLDM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
CRS Carpenter Technology Corporation | 78.53% | 86.23% | 141.72% | 94.48% | 29.50% | 2.66% | -39.44% | 42.12% | -31.19% |
GLDM SPDR Gold MiniShares Trust | -2.40% | 64.20% | 27.08% | 13.04% | -0.47% | -4.01% | 25.10% | 18.10% | 1.75% |
Correlation
The correlation between CRS and GLDM is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2018 | 0.06 |
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Return for Risk
CRS vs. GLDM — Risk / Return Rank
CRS
GLDM
CRS vs. GLDM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Carpenter Technology Corporation (CRS) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CRS | GLDM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.74 | ||
| Sortino ratioReturn per unit of downside risk | +2.12 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.19 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 6.68 | 1.00 | +5.68 |
| Martin ratioReturn relative to average drawdown | 15.72 | 2.87 | +12.85 |
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Drawdowns
CRS vs. GLDM - Drawdown Comparison
The maximum CRS drawdown since its inception was -84.68%, which is greater than GLDM's maximum drawdown of -24.35%. Use the drawdown chart below to compare losses from any high point for CRS and GLDM.
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Drawdown Indicators
| CRS | GLDM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.68% | -24.35% | -60.33% |
Max Drawdown (1Y)Largest decline over 1 year | -19.08% | -24.35% | +5.27% |
Max Drawdown (3Y)Largest decline over 3 years | -28.74% | -24.35% | -4.39% |
Max Drawdown (5Y)Largest decline over 5 years | -41.86% | -24.35% | -17.51% |
Max Drawdown (10Y)Largest decline over 10 years | -74.70% | — | — |
Current DrawdownCurrent decline from peak | -0.17% | -21.96% | +21.79% |
Average DrawdownAverage peak-to-trough decline | -27.23% | -6.27% | -20.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.09% | 8.44% | -0.35% |
Volatility
CRS vs. GLDM - Volatility Comparison
Carpenter Technology Corporation (CRS) has a higher volatility of 12.83% compared to SPDR Gold MiniShares Trust (GLDM) at 7.73%. This indicates that CRS'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.
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Volatility by Period
| CRS | GLDM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.83% | 7.73% | +5.10% |
Volatility (6M)Calculated over the trailing 6-month period | 33.92% | 23.93% | +9.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.29% | 27.15% | +21.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.70% | 18.13% | +28.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.88% | 16.98% | +31.90% |
Dividends
CRS vs. GLDM - Dividend Comparison
CRS's dividend yield for the trailing twelve months is around 0.14%, while GLDM has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CRS Carpenter Technology Corporation | 0.14% | 0.25% | 0.47% | 1.13% | 2.17% | 2.74% | 2.75% | 1.61% | 2.13% | 1.41% | 1.99% | 2.38% |
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% | 0.00% |
Frequently Asked Questions
CRS and GLDM have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CRS has higher volatility (12.83%) compared to GLDM (7.73%). In terms of maximum drawdown, CRS dropped -84.68% vs GLDM's -24.35%.
CRS currently has the higher Sharpe Ratio (2.64 vs 0.90), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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