GC=F vs. HG=F
Compare and contrast key facts about Gold (GC=F) and Copper (HG=F).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GC=F or HG=F.
Correlation
The correlation between GC=F and HG=F is 0.03, 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. HG=F - Performance Comparison
Key characteristics
GC=F:
2.34
HG=F:
0.22
GC=F:
3.01
HG=F:
0.46
GC=F:
1.42
HG=F:
1.06
GC=F:
4.95
HG=F:
0.24
GC=F:
12.57
HG=F:
0.61
GC=F:
3.15%
HG=F:
9.20%
GC=F:
16.66%
HG=F:
25.57%
GC=F:
-44.36%
HG=F:
-62.54%
GC=F:
-1.17%
HG=F:
-6.49%
Returns By Period
In the year-to-date period, GC=F achieves a 28.04% return, which is significantly higher than HG=F's 21.20% return. Over the past 10 years, GC=F has outperformed HG=F with an annualized return of 9.46%, while HG=F has yielded a comparatively lower 5.74% annualized return.
GC=F
28.04%
11.33%
23.09%
44.82%
12.55%
9.46%
HG=F
21.20%
-5.88%
12.98%
9.25%
15.34%
5.74%
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. HG=F — Risk-Adjusted Performance Rank
GC=F
HG=F
GC=F vs. HG=F - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Gold (GC=F) and Copper (HG=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. HG=F - Drawdown Comparison
The maximum GC=F drawdown since its inception was -44.36%, smaller than the maximum HG=F drawdown of -62.54%. Use the drawdown chart below to compare losses from any high point for GC=F and HG=F. For additional features, visit the drawdowns tool.
Volatility
GC=F vs. HG=F - Volatility Comparison
The current volatility for Gold (GC=F) is 8.95%, while Copper (HG=F) has a volatility of 13.76%. This indicates that GC=F experiences smaller price fluctuations and is considered to be less risky than HG=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.