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:
0.08
GOLD:
-0.35
ETC-USD:
0.68
GOLD:
-0.27
ETC-USD:
1.07
GOLD:
0.97
ETC-USD:
0.01
GOLD:
-0.17
ETC-USD:
0.19
GOLD:
-1.00
ETC-USD:
30.66%
GOLD:
11.66%
ETC-USD:
68.31%
GOLD:
33.63%
ETC-USD:
-92.12%
GOLD:
-88.52%
ETC-USD:
-79.50%
GOLD:
-64.43%
Returns By Period
In the year-to-date period, ETC-USD achieves a 25.46% return, which is significantly higher than GOLD's -12.28% return.
ETC-USD
25.46%
-7.21%
19.57%
31.66%
46.45%
N/A
GOLD
-12.28%
-14.43%
-6.30%
-12.62%
-0.65%
5.82%
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Risk-Adjusted Performance
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 -88.52%. 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 34.22% compared to Barrick Gold Corporation (GOLD) at 8.92%. 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.