GATC.L vs. GLD

Last updated Jul 21, 2026

GATC.L (GATTACA plc) is a stock, while GLD (SPDR Gold Shares) is Gold fund tracking the LBMA Gold Price PM. Over the past 10 years, GATC.L returned -4.15%/yr vs 11.00%/yr for GLD. At a correlation of -0.01, they often move in opposite directions.

Performance

GATC.L vs. GLD - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in GATTACA plc (GATC.L) and SPDR Gold Shares (GLD). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

GATC.L is traded in GBp, while GLD is traded in USD. To make them comparable, the GLD values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, GATC.L achieves a 72.61% return, which is significantly higher than GLD's -6.97% return. Over the past 10 years, GATC.L has underperformed GLD with an annualized return of -4.15%, while GLD has yielded a comparatively higher 11.00% annualized return.

GATC.L

• 1D: 0.00%
• 1M: 5.14%
• 6M: 41.22%
• YTD: 72.61%
• 1Y: 94.60%
• 3Y*: 19.34%
• 5Y*: -4.93%
• 10Y*: -4.15%
• ALL TIME*: 0.11%

GLD

• 1D: -0.07%
• 1M: -6.63%
• 6M: -13.12%
• YTD: -6.97%
• 1Y: 19.09%
• 3Y*: 24.52%
• 5Y*: 17.33%
• 10Y*: 11.00%
• ALL TIME*: 11.94%

*Multi-year figures are annualized to reflect compound growth (CAGR)

GATC.L vs. GLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GATC.L GATTACA plc	72.61%	9.53%	-40.13%	120.87%	-49.64%	73.84%	-37.89%	20.19%	-64.14%	18.81%
GLD SPDR Gold Shares	-6.97%	52.02%	28.87%	7.06%	11.03%	-3.24%	21.15%	13.37%	3.87%	3.05%

Correlation

The correlation between GATC.L and GLD is -0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.00
Correlation (3Y) Calculated over the trailing 3-year period	-0.01
Correlation (5Y) Calculated over the trailing 5-year period	-0.02
Correlation (10Y) Calculated over the trailing 10-year period	-0.01
Correlation (All Time) Calculated using the full available price history since Aug 24, 2007	-0.01

Return for Risk

GATC.L vs. GLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GATC.L

GATC.L Risk / Return Rank: 94
GATC.L Sharpe Ratio Rank: 93
GATC.L Sortino Ratio Rank: 94
GATC.L Omega Ratio Rank: 96
GATC.L Calmar Ratio Rank: 95
GATC.L Martin Ratio Rank: 94

GLD

GLD Risk / Return Rank: 24
GLD Sharpe Ratio Rank: 25
GLD Sortino Ratio Rank: 24
GLD Omega Ratio Rank: 28
GLD Calmar Ratio Rank: 22
GLD Martin Ratio Rank: 21

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GATC.L vs. GLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GATTACA plc (GATC.L) and SPDR Gold Shares (GLD). 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.

	GATC.L	GLD	Difference
Sharpe ratio: Return per unit of total volatility	2.08	0.73	+1.36
Sortino ratio: Return per unit of downside risk	3.31	1.07	+2.24
Omega ratio: Gain probability vs. loss probability	1.51	1.16	+0.36
Calmar ratio: Return relative to maximum drawdown	5.10	0.74	+4.36
Martin ratio: Return relative to average drawdown	12.61	1.82	+10.79

GATC.L vs. GLD - Sharpe Ratio Comparison

The current GATC.L Sharpe Ratio is 2.08, which is higher than the GLD Sharpe Ratio of 0.73. The chart below compares the historical Sharpe Ratios of GATC.L and GLD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GATC.L vs. GLD - Drawdown Comparison

The maximum GATC.L drawdown since its inception was -94.19%, which is greater than GLD's maximum drawdown of -41.89%. Use the drawdown chart below to compare losses from any high point for GATC.L and GLD.

Drawdown Indicators

	GATC.L	GLD	Difference
Max Drawdown Largest peak-to-trough decline	-94.19%	-41.89%	-52.30%
Max Drawdown (1Y) Largest decline over 1 year	-18.43%	-25.91%	+7.48%
Max Drawdown (3Y) Largest decline over 3 years	-49.99%	-25.91%	-24.08%
Max Drawdown (5Y) Largest decline over 5 years	-78.92%	-25.91%	-53.01%
Max Drawdown (10Y) Largest decline over 10 years	-91.55%	-25.91%	-65.64%
Current Drawdown Current decline from peak	-65.00%	-25.14%	-39.86%
Average Drawdown Average peak-to-trough decline	-50.59%	-13.37%	-37.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.48%	10.52%	-3.04%

Volatility

GATC.L vs. GLD - Volatility Comparison

GATTACA plc (GATC.L) and SPDR Gold Shares (GLD) have volatilities of 5.83% and 5.70%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GATC.L	GLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.83%	5.70%	+0.13%
Volatility (6M) Calculated over the trailing 6-month period	33.71%	22.59%	+11.12%
Volatility (1Y) Calculated over the trailing 1-year period	45.23%	26.42%	+18.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.93%	17.11%	+31.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.43%	15.47%	+34.96%

Dividends

GATC.L vs. GLD - Dividend Comparison

GATC.L's dividend yield for the trailing twelve months is around 2.17%, while GLD has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GATC.L GATTACA plc	2.17%	3.33%	2.94%	3.42%	0.00%	1.09%	0.00%	0.00%	2.82%	7.56%	8.33%	4.29%
GLD SPDR Gold Shares	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

Can I hold both GATC.L and GLD in my portfolio?

GATC.L and GLD have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.