GAL vs. PICK
Compare and contrast key facts about SPDR SSgA Global Allocation ETF (GAL) and iShares MSCI Global Select Metals & Mining Producers ETF (PICK).
GAL and PICK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GAL is an actively managed fund by State Street. It was launched on Apr 25, 2012. PICK is a passively managed fund by iShares that tracks the performance of the MSCI ACWI Select Metals & Mining Producers Ex Gold & Silver Investable Market Index. It was launched on Jan 31, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GAL or PICK.
Key characteristics
| GAL | PICK | |
|---|---|---|
| YTD Return | 11.25% | -8.10% |
| 1Y Return | 20.73% | 6.11% |
| 3Y Return (Ann) | 2.82% | 2.52% |
| 5Y Return (Ann) | 6.75% | 12.16% |
| 10Y Return (Ann) | 5.90% | 6.06% |
| Sharpe Ratio | 2.33 | 0.29 |
| Sortino Ratio | 3.39 | 0.55 |
| Omega Ratio | 1.43 | 1.07 |
| Calmar Ratio | 1.93 | 0.29 |
| Martin Ratio | 15.98 | 0.71 |
| Ulcer Index | 1.26% | 9.13% |
| Daily Std Dev | 8.68% | 22.62% |
| Max Drawdown | -28.31% | -68.88% |
| Current Drawdown | -1.12% | -16.44% |
Correlation
The correlation between GAL and PICK is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
GAL vs. PICK - Performance Comparison
In the year-to-date period, GAL achieves a 11.25% return, which is significantly higher than PICK's -8.10% return. Both investments have delivered pretty close results over the past 10 years, with GAL having a 5.90% annualized return and PICK not far ahead at 6.06%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GAL vs. PICK - Expense Ratio Comparison
GAL has a 0.35% expense ratio, which is lower than PICK's 0.39% expense ratio.
Risk-Adjusted Performance
GAL vs. PICK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR SSgA Global Allocation ETF (GAL) and iShares MSCI Global Select Metals & Mining Producers ETF (PICK). 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.
Dividends
GAL vs. PICK - Dividend Comparison
GAL's dividend yield for the trailing twelve months is around 2.21%, less than PICK's 3.90% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GAL SPDR SSgA Global Allocation ETF | 2.21% | 2.56% | 6.19% | 4.05% | 2.14% | 2.96% | 2.43% | 2.26% | 2.43% | 3.10% | 3.36% | 2.50% |
PICK iShares MSCI Global Select Metals & Mining Producers ETF | 3.90% | 4.19% | 6.93% | 5.89% | 2.27% | 5.51% | 4.77% | 2.41% | 1.15% | 15.77% | 2.88% | 3.39% |
Drawdowns
GAL vs. PICK - Drawdown Comparison
The maximum GAL drawdown since its inception was -28.31%, smaller than the maximum PICK drawdown of -68.88%. Use the drawdown chart below to compare losses from any high point for GAL and PICK. For additional features, visit the drawdowns tool.
Volatility
GAL vs. PICK - Volatility Comparison
The current volatility for SPDR SSgA Global Allocation ETF (GAL) is 2.36%, while iShares MSCI Global Select Metals & Mining Producers ETF (PICK) has a volatility of 7.48%. This indicates that GAL experiences smaller price fluctuations and is considered to be less risky than PICK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.