GATO vs. ^TNX
Compare and contrast key facts about Gatos Silver, Inc. (GATO) and Treasury Yield 10 Years (^TNX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GATO or ^TNX.
Key characteristics
GATO | ^TNX | |
---|---|---|
YTD Return | 55.20% | 19.35% |
1Y Return | 70.02% | 33.66% |
3Y Return (Ann) | -4.04% | 41.69% |
Sharpe Ratio | 1.12 | 1.18 |
Daily Std Dev | 60.12% | 25.94% |
Max Drawdown | -88.52% | -93.78% |
Current Drawdown | -47.76% | -42.49% |
Correlation
The correlation between GATO and ^TNX is -0.17. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
GATO vs. ^TNX - Performance Comparison
In the year-to-date period, GATO achieves a 55.20% return, which is significantly higher than ^TNX's 19.35% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
GATO vs. ^TNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Gatos Silver, Inc. (GATO) and Treasury Yield 10 Years (^TNX). 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
GATO vs. ^TNX - Drawdown Comparison
The maximum GATO drawdown since its inception was -88.52%, smaller than the maximum ^TNX drawdown of -93.78%. Use the drawdown chart below to compare losses from any high point for GATO and ^TNX. For additional features, visit the drawdowns tool.
Volatility
GATO vs. ^TNX - Volatility Comparison
Gatos Silver, Inc. (GATO) has a higher volatility of 13.60% compared to Treasury Yield 10 Years (^TNX) at 7.37%. This indicates that GATO's price experiences larger fluctuations and is considered to be riskier than ^TNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.