GC=F vs. BZ=F
Compare and contrast key facts about Gold (GC=F) and Crude Oil Brent (BZ=F).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GC=F or BZ=F.
Correlation
The correlation between GC=F and BZ=F is 0.02, 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.
Performance
GC=F vs. BZ=F - Performance Comparison
Key characteristics
GC=F:
2.27
BZ=F:
-0.65
GC=F:
2.92
BZ=F:
-0.76
GC=F:
1.41
BZ=F:
0.91
GC=F:
4.76
BZ=F:
-0.31
GC=F:
12.08
BZ=F:
-1.18
GC=F:
3.15%
BZ=F:
14.82%
GC=F:
16.53%
BZ=F:
26.26%
GC=F:
-44.36%
BZ=F:
-86.77%
GC=F:
-2.23%
BZ=F:
-54.86%
Returns By Period
In the year-to-date period, GC=F achieves a 26.66% return, which is significantly higher than BZ=F's -11.66% return. Over the past 10 years, GC=F has outperformed BZ=F with an annualized return of 9.39%, while BZ=F has yielded a comparatively lower 0.19% annualized return.
GC=F
26.66%
10.24%
21.50%
42.94%
12.61%
9.39%
BZ=F
-11.66%
-10.64%
-12.81%
-25.92%
23.58%
0.19%
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Risk-Adjusted Performance
GC=F vs. BZ=F — Risk-Adjusted Performance Rank
GC=F
BZ=F
GC=F vs. BZ=F - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Gold (GC=F) and Crude Oil Brent (BZ=F). 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
GC=F vs. BZ=F - Drawdown Comparison
The maximum GC=F drawdown since its inception was -44.36%, smaller than the maximum BZ=F drawdown of -86.77%. Use the drawdown chart below to compare losses from any high point for GC=F and BZ=F. For additional features, visit the drawdowns tool.
Volatility
GC=F vs. BZ=F - Volatility Comparison
The current volatility for Gold (GC=F) is 8.73%, while Crude Oil Brent (BZ=F) has a volatility of 12.94%. This indicates that GC=F experiences smaller price fluctuations and is considered to be less risky than BZ=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.