GC=F vs. LLY

Last updated Jun 13, 2026

GC=F (Gold Futures) is an asset, while LLY (Eli Lilly and Company) is a stock. At a correlation of -0.03, they often move in opposite directions.

Performance

GC=F vs. LLY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Gold Futures (GC=F) and Eli Lilly and Company (LLY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GC=F

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

LLY

• 1D: -2.41%
• 1M: 12.74%
• YTD: 5.78%
• 6M: 10.64%
• 1Y: 39.26%
• 3Y*: 37.45%
• 5Y*: 39.59%
• 10Y*: 33.45%

*Multi-year figures are annualized to reflect compound growth (CAGR)

GC=F vs. LLY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
GC=F Gold Futures	0.00%	0.00%	0.00%	0.00%	5.84%
LLY Eli Lilly and Company	5.78%	40.25%	33.30%	60.91%	51.30%

Correlation

The correlation between GC=F and LLY is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 31, 2022	-0.03

Return for Risk

GC=F vs. LLY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GC=F

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

LLY

LLY Risk / Return Rank: 73
LLY Sharpe Ratio Rank: 75
LLY Sortino Ratio Rank: 70
LLY Omega Ratio Rank: 71
LLY Calmar Ratio Rank: 74
LLY Martin Ratio Rank: 75

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GC=F vs. LLY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Gold Futures (GC=F) and Eli Lilly and Company (LLY). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GC=F	LLY	Difference
Sharpe ratio: Return per unit of total volatility	—	1.07	—
Sortino ratio: Return per unit of downside risk	—	1.62	—
Omega ratio: Gain probability vs. loss probability	—	1.22	—
Calmar ratio: Return relative to maximum drawdown	—	1.72	—
Martin ratio: Return relative to average drawdown	—	4.28	—

Drawdowns

Drawdown Indicators

	GC=F	LLY	Difference
Max Drawdown Largest peak-to-trough decline	—	-68.24%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-23.64%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-34.48%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-34.48%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.48%	—
Current Drawdown Current decline from peak	—	-2.41%	—
Average Drawdown Average peak-to-trough decline	—	-19.21%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	9.49%	—

Volatility

Volatility by Period

	GC=F	LLY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.27%	—
Volatility (6M) Calculated over the trailing 6-month period	—	27.16%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	38.01%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	32.46%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	30.19%	—

Frequently Asked Questions

Can I hold both GC=F and LLY in my portfolio?

GC=F and LLY have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.