PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
GC=F vs. PHYS
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between GC=F and PHYS is 0.33, 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.


-0.50.00.51.00.3

Performance

GC=F vs. PHYS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Gold (GC=F) and Sprott Physical Gold Trust (PHYS). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
13.48%
12.16%
GC=F
PHYS

Key characteristics

Sharpe Ratio

GC=F:

2.06

PHYS:

1.87

Sortino Ratio

GC=F:

2.59

PHYS:

2.42

Omega Ratio

GC=F:

1.37

PHYS:

1.32

Calmar Ratio

GC=F:

3.78

PHYS:

3.07

Martin Ratio

GC=F:

10.45

PHYS:

9.18

Ulcer Index

GC=F:

2.89%

PHYS:

3.08%

Daily Std Dev

GC=F:

14.53%

PHYS:

15.14%

Max Drawdown

GC=F:

-44.36%

PHYS:

-48.16%

Current Drawdown

GC=F:

-5.73%

PHYS:

-6.69%

Returns By Period

The year-to-date returns for both stocks are quite close, with GC=F having a 27.46% return and PHYS slightly lower at 26.87%. Both investments have delivered pretty close results over the past 10 years, with GC=F having a 7.37% annualized return and PHYS not far ahead at 7.64%.


GC=F

YTD

27.46%

1M

-0.74%

6M

13.48%

1Y

28.91%

5Y*

10.83%

10Y*

7.37%

PHYS

YTD

26.87%

1M

-0.93%

6M

12.15%

1Y

27.59%

5Y*

11.32%

10Y*

7.64%

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

GC=F vs. PHYS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Gold (GC=F) and Sprott Physical Gold Trust (PHYS). 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.


Sharpe ratio
The chart of Sharpe ratio for GC=F, currently valued at 2.06, compared to the broader market0.000.501.001.502.002.061.99
The chart of Sortino ratio for GC=F, currently valued at 2.59, compared to the broader market0.000.501.001.502.002.502.592.55
The chart of Omega ratio for GC=F, currently valued at 1.37, compared to the broader market1.001.101.201.301.371.36
The chart of Calmar ratio for GC=F, currently valued at 3.78, compared to the broader market0.001.002.003.003.783.21
The chart of Martin ratio for GC=F, currently valued at 10.45, compared to the broader market0.002.004.006.008.0010.0010.459.67
GC=F
PHYS

The current GC=F Sharpe Ratio is 2.06, which is comparable to the PHYS Sharpe Ratio of 1.87. The chart below compares the historical Sharpe Ratios of GC=F and PHYS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
2.06
1.99
GC=F
PHYS

Drawdowns

GC=F vs. PHYS - Drawdown Comparison

The maximum GC=F drawdown since its inception was -44.36%, smaller than the maximum PHYS drawdown of -48.16%. Use the drawdown chart below to compare losses from any high point for GC=F and PHYS. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-5.73%
-6.69%
GC=F
PHYS

Volatility

GC=F vs. PHYS - Volatility Comparison

Gold (GC=F) has a higher volatility of 5.48% compared to Sprott Physical Gold Trust (PHYS) at 5.19%. This indicates that GC=F's price experiences larger fluctuations and is considered to be riskier than PHYS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
5.48%
5.19%
GC=F
PHYS
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab