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 0.07, 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:
2.31
BZ=F:
-0.69
GC=F:
2.86
BZ=F:
-0.84
GC=F:
1.41
BZ=F:
0.90
GC=F:
4.33
BZ=F:
-0.32
GC=F:
10.89
BZ=F:
-1.17
GC=F:
3.18%
BZ=F:
14.53%
GC=F:
14.76%
BZ=F:
23.78%
GC=F:
-44.36%
BZ=F:
-86.77%
GC=F:
-0.08%
BZ=F:
-49.05%
Returns By Period
In the year-to-date period, GC=F achieves a 11.73% return, which is significantly higher than BZ=F's -0.28% return. Over the past 10 years, GC=F has outperformed BZ=F with an annualized return of 8.26%, while BZ=F has yielded a comparatively lower 2.32% annualized return.
GC=F
11.73%
6.14%
17.11%
45.45%
10.84%
8.26%
BZ=F
-0.28%
-4.76%
-5.81%
-11.04%
4.66%
2.32%
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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 3.97%, while Crude Oil Brent (BZ=F) has a volatility of 5.33%. 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.