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:
2.06
GOLD:
-0.34
GC=F:
2.59
GOLD:
-0.26
GC=F:
1.37
GOLD:
0.97
GC=F:
3.78
GOLD:
-0.17
GC=F:
10.45
GOLD:
-0.99
GC=F:
2.89%
GOLD:
11.54%
GC=F:
14.53%
GOLD:
33.59%
GC=F:
-44.36%
GOLD:
-88.52%
GC=F:
-5.73%
GOLD:
-64.73%
Returns By Period
In the year-to-date period, GC=F achieves a 27.46% return, which is significantly higher than GOLD's -13.01% return. Over the past 10 years, GC=F has outperformed GOLD with an annualized return of 7.37%, while GOLD has yielded a comparatively lower 6.15% annualized return.
GC=F
27.46%
-0.74%
13.48%
28.91%
10.83%
7.37%
GOLD
-13.01%
-13.58%
-6.18%
-12.43%
0.14%
6.15%
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Risk-Adjusted Performance
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 -88.52%. 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 5.48%, while Barrick Gold Corporation (GOLD) has a volatility of 8.66%. 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.