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:
2.32
GOLD:
0.97
GC=F:
2.88
GOLD:
1.47
GC=F:
1.41
GOLD:
1.18
GC=F:
4.35
GOLD:
0.47
GC=F:
10.95
GOLD:
2.63
GC=F:
3.18%
GOLD:
11.98%
GC=F:
14.76%
GOLD:
32.66%
GC=F:
-44.36%
GOLD:
-88.51%
GC=F:
0.00%
GOLD:
-56.70%
Returns By Period
In the year-to-date period, GC=F achieves a 11.89% return, which is significantly lower than GOLD's 21.42% return. Over the past 10 years, GC=F has outperformed GOLD with an annualized return of 8.25%, while GOLD has yielded a comparatively lower 5.95% annualized return.
GC=F
11.89%
6.78%
18.67%
45.46%
10.87%
8.25%
GOLD
21.42%
17.77%
-6.02%
30.62%
0.09%
5.95%
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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 3.97%, while Barrick Gold Corporation (GOLD) has a volatility of 9.45%. 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.