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:
2.41
BZ=F:
-0.78
GC=F:
3.02
BZ=F:
-0.97
GC=F:
1.42
BZ=F:
0.88
GC=F:
4.46
BZ=F:
-0.37
GC=F:
11.57
BZ=F:
-1.51
GC=F:
3.08%
BZ=F:
13.33%
GC=F:
14.85%
BZ=F:
24.92%
GC=F:
-44.36%
BZ=F:
-86.77%
GC=F:
-0.67%
BZ=F:
-54.07%
Returns By Period
In the year-to-date period, GC=F achieves a 18.62% return, which is significantly higher than BZ=F's -10.12% return. Over the past 10 years, GC=F has outperformed BZ=F with an annualized return of 8.74%, while BZ=F has yielded a comparatively lower 1.39% annualized return.
GC=F
18.62%
7.19%
17.38%
35.93%
12.05%
8.74%
BZ=F
-10.12%
-5.56%
-12.99%
-24.91%
13.63%
1.39%
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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 3.29%, while Crude Oil Brent (BZ=F) has a volatility of 9.34%. 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.