GC=F vs. GOLD
Compare and contrast key facts about Gold (GC=F) and Barrick Gold Corporation (GOLD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GC=F or GOLD.
Correlation
The correlation between GC=F and GOLD is 0.28, 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. GOLD - Performance Comparison
Key characteristics
GC=F:
2.53
GOLD:
0.64
GC=F:
3.16
GOLD:
1.07
GC=F:
1.45
GOLD:
1.13
GC=F:
4.66
GOLD:
0.32
GC=F:
12.10
GOLD:
1.66
GC=F:
3.08%
GOLD:
12.54%
GC=F:
14.87%
GOLD:
32.44%
GC=F:
-44.36%
GOLD:
-88.51%
GC=F:
0.00%
GOLD:
-54.52%
Returns By Period
In the year-to-date period, GC=F achieves a 19.62% return, which is significantly lower than GOLD's 27.56% return. Over the past 10 years, GC=F has outperformed GOLD with an annualized return of 8.90%, while GOLD has yielded a comparatively lower 7.15% annualized return.
GC=F
19.62%
10.87%
17.91%
40.63%
12.37%
8.90%
GOLD
27.56%
10.76%
-2.05%
19.22%
2.59%
7.15%
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. GOLD — Risk-Adjusted Performance Rank
GC=F
GOLD
GC=F vs. GOLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Gold (GC=F) and Barrick Gold Corporation (GOLD). 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. GOLD - Drawdown Comparison
The maximum GC=F drawdown since its inception was -44.36%, smaller than the maximum GOLD drawdown of -88.51%. Use the drawdown chart below to compare losses from any high point for GC=F and GOLD. For additional features, visit the drawdowns tool.
Volatility
GC=F vs. GOLD - Volatility Comparison
The current volatility for Gold (GC=F) is 2.89%, while Barrick Gold Corporation (GOLD) has a volatility of 7.19%. This indicates that GC=F experiences smaller price fluctuations and is considered to be less risky than GOLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.