ENVB vs. OUNZ
ENVB (Enveric Biosciences Inc) is a stock, while OUNZ (VanEck Merk Gold ETF) is Gold fund tracking the LBMA Gold Price PM ($/ozt). Over the past 10 years, ENVB returned -75.09%/yr vs 11.69%/yr for OUNZ. At a 0.06 correlation, their price movements are largely independent.
Performance
ENVB vs. OUNZ - Performance Comparison
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Returns By Period
In the year-to-date period, ENVB achieves a -62.81% return, which is significantly lower than OUNZ's -4.70% return. Over the past 10 years, ENVB has underperformed OUNZ with an annualized return of -75.09%, while OUNZ has yielded a comparatively higher 11.69% annualized return.
ENVB
- 1D
- 1.50%
- 1M
- -38.91%
- YTD
- -62.81%
- 6M
- -71.09%
- 1Y
- -91.00%
- 3Y*
- -87.42%
- 5Y*
- -85.20%
- 10Y*
- -75.09%
OUNZ
- 1D
- -1.89%
- 1M
- -8.81%
- YTD
- -4.70%
- 6M
- -8.64%
- 1Y
- 21.44%
- 3Y*
- 28.59%
- 5Y*
- 18.01%
- 10Y*
- 11.69%
ENVB vs. OUNZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ENVB Enveric Biosciences Inc | -62.81% | -94.37% | -72.43% | -37.50% | -95.53% | -37.16% | -34.51% | -48.17% | -94.37% | -52.38% |
OUNZ VanEck Merk Gold ETF | -4.70% | 63.95% | 26.75% | 12.83% | -0.51% | -4.00% | 24.71% | 18.00% | -2.06% | 12.82% |
Correlation
The correlation between ENVB and OUNZ is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.06 |
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Return for Risk
ENVB vs. OUNZ — Risk / Return Rank
ENVB
OUNZ
ENVB vs. OUNZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Enveric Biosciences Inc (ENVB) and VanEck Merk Gold ETF (OUNZ). 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.
| ENVB | OUNZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.31 | ||
| Sortino ratioReturn per unit of downside risk | -2.27 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.17 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | -0.98 | 0.88 | -1.87 |
| Martin ratioReturn relative to average drawdown | -1.34 | 2.38 | -3.71 |
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Drawdowns
ENVB vs. OUNZ - Drawdown Comparison
The maximum ENVB drawdown since its inception was -100.00%, which is greater than OUNZ's maximum drawdown of -24.36%. Use the drawdown chart below to compare losses from any high point for ENVB and OUNZ.
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Drawdown Indicators
| ENVB | OUNZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -100.00% | -24.36% | -75.64% |
Max Drawdown (1Y)Largest decline over 1 year | -92.64% | -24.36% | -68.28% |
Max Drawdown (3Y)Largest decline over 3 years | -99.81% | -24.36% | -75.45% |
Max Drawdown (5Y)Largest decline over 5 years | -100.00% | -24.36% | -75.64% |
Max Drawdown (10Y)Largest decline over 10 years | -100.00% | -24.36% | -75.64% |
Current DrawdownCurrent decline from peak | -100.00% | -23.82% | -76.18% |
Average DrawdownAverage peak-to-trough decline | -86.10% | -7.63% | -78.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 67.99% | 9.05% | +58.94% |
Volatility
ENVB vs. OUNZ - Volatility Comparison
Enveric Biosciences Inc (ENVB) has a higher volatility of 21.90% compared to VanEck Merk Gold ETF (OUNZ) at 8.13%. This indicates that ENVB's price experiences larger fluctuations and is considered to be riskier than OUNZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ENVB | OUNZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.90% | 8.13% | +13.77% |
Volatility (6M)Calculated over the trailing 6-month period | 105.52% | 24.19% | +81.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 174.84% | 27.36% | +147.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 156.05% | 18.15% | +137.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 164.54% | 16.05% | +148.49% |
Dividends
ENVB vs. OUNZ - Dividend Comparison
Neither ENVB nor OUNZ has paid dividends to shareholders.
Frequently Asked Questions
ENVB and OUNZ have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ENVB has higher volatility (21.90%) compared to OUNZ (8.13%). In terms of maximum drawdown, ENVB dropped -100.00% vs OUNZ's -24.36%.
OUNZ currently has the higher Sharpe Ratio (0.79 vs -0.52), 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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