GAU vs. GLD
Compare and contrast key facts about Galiano Gold Inc. (GAU) and SPDR Gold Trust (GLD).
GLD is a passively managed fund by State Street that tracks the performance of the Gold Bullion. It was launched on Nov 18, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GAU or GLD.
Key characteristics
| GAU | GLD | |
|---|---|---|
| YTD Return | 54.26% | 24.30% |
| 1Y Return | 163.64% | 30.48% |
| 3Y Return (Ann) | 19.54% | 10.88% |
| 5Y Return (Ann) | 11.05% | 11.49% |
| 10Y Return (Ann) | -1.87% | 7.59% |
| Sharpe Ratio | 2.71 | 2.14 |
| Sortino Ratio | 3.36 | 2.86 |
| Omega Ratio | 1.39 | 1.37 |
| Calmar Ratio | 1.90 | 4.10 |
| Martin Ratio | 12.48 | 13.62 |
| Ulcer Index | 14.33% | 2.32% |
| Daily Std Dev | 65.95% | 14.79% |
| Max Drawdown | -96.20% | -45.56% |
| Current Drawdown | -84.69% | -7.72% |
Correlation
The correlation between GAU and GLD is 0.47, 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
GAU vs. GLD - Performance Comparison
In the year-to-date period, GAU achieves a 54.26% return, which is significantly higher than GLD's 24.30% return. Over the past 10 years, GAU has underperformed GLD with an annualized return of -1.87%, while GLD has yielded a comparatively higher 7.59% annualized return. 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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Risk-Adjusted Performance
GAU vs. GLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Galiano Gold Inc. (GAU) and SPDR Gold Trust (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.
Dividends
GAU vs. GLD - Dividend Comparison
Neither GAU nor GLD has paid dividends to shareholders.
Drawdowns
GAU vs. GLD - Drawdown Comparison
The maximum GAU drawdown since its inception was -96.20%, which is greater than GLD's maximum drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for GAU and GLD. For additional features, visit the drawdowns tool.
Volatility
GAU vs. GLD - Volatility Comparison
Galiano Gold Inc. (GAU) has a higher volatility of 18.65% compared to SPDR Gold Trust (GLD) at 5.47%. This indicates that GAU's price experiences larger fluctuations and is considered to be riskier than GLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.