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 0.02, 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. GOLD - Performance Comparison
Key characteristics
GC=F:
2.34
GOLD:
0.60
GC=F:
3.01
GOLD:
1.05
GC=F:
1.42
GOLD:
1.13
GC=F:
4.95
GOLD:
0.32
GC=F:
12.57
GOLD:
1.66
GC=F:
3.15%
GOLD:
12.54%
GC=F:
16.66%
GOLD:
34.76%
GC=F:
-44.36%
GOLD:
-88.51%
GC=F:
-1.17%
GOLD:
-55.10%
Returns By Period
In the year-to-date period, GC=F achieves a 28.04% return, which is significantly higher than GOLD's 25.93% return. Over the past 10 years, GC=F has outperformed GOLD with an annualized return of 9.46%, while GOLD has yielded a comparatively lower 6.22% annualized return.
GC=F
28.04%
11.33%
23.09%
44.82%
12.55%
9.46%
GOLD
25.93%
0.31%
-3.39%
20.12%
-3.87%
6.22%
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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 9.01%, while Barrick Gold Corporation (GOLD) has a volatility of 15.89%. 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.