ETC-USD vs. GOLD
Compare and contrast key facts about Ethereum Classic (ETC-USD) and Barrick Gold Corporation (GOLD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ETC-USD or GOLD.
Correlation
The correlation between ETC-USD and GOLD is 0.12, 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
ETC-USD vs. GOLD - Performance Comparison
Key characteristics
ETC-USD:
-0.37
GOLD:
0.18
ETC-USD:
-0.10
GOLD:
0.48
ETC-USD:
0.99
GOLD:
1.06
ETC-USD:
0.02
GOLD:
0.09
ETC-USD:
-0.83
GOLD:
0.52
ETC-USD:
32.73%
GOLD:
11.20%
ETC-USD:
64.92%
GOLD:
32.02%
ETC-USD:
-92.12%
GOLD:
-88.44%
ETC-USD:
-80.65%
GOLD:
-62.57%
Returns By Period
The year-to-date returns for both stocks are quite close, with ETC-USD having a 3.74% return and GOLD slightly lower at 3.61%.
ETC-USD
3.74%
-2.20%
13.46%
10.45%
16.07%
N/A
GOLD
3.61%
2.42%
-9.67%
5.86%
0.01%
4.30%
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Risk-Adjusted Performance
ETC-USD vs. GOLD — Risk-Adjusted Performance Rank
ETC-USD
GOLD
ETC-USD vs. GOLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ethereum Classic (ETC-USD) and Barrick Gold Corporation (GOLD). 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.
Drawdowns
ETC-USD vs. GOLD - Drawdown Comparison
The maximum ETC-USD drawdown since its inception was -92.12%, roughly equal to the maximum GOLD drawdown of -88.44%. Use the drawdown chart below to compare losses from any high point for ETC-USD and GOLD. For additional features, visit the drawdowns tool.
Volatility
ETC-USD vs. GOLD - Volatility Comparison
Ethereum Classic (ETC-USD) has a higher volatility of 22.73% compared to Barrick Gold Corporation (GOLD) at 6.02%. This indicates that ETC-USD's price experiences larger fluctuations and is considered to be riskier than GOLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.