GDGB.L vs. AAPL
GDGB.L (VanEck Gold Miners UCITS ETF) is Gold fund tracking the MarketVector Global Gold Miners Index, while AAPL (Apple Inc) is a stock. Over the past 5 years, GDGB.L returned 18.43%/yr vs 19.82%/yr for AAPL. At a correlation of -0.02, they often move in opposite directions.
Performance
GDGB.L vs. AAPL - Performance Comparison
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Different Trading Currencies
GDGB.L is traded in GBP, while AAPL is traded in USD. To make them comparable, the AAPL values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, GDGB.L achieves a -6.93% return, which is significantly lower than AAPL's 7.84% return.
GDGB.L
- 1D
- 5.48%
- 1M
- -15.21%
- YTD
- -6.93%
- 6M
- -6.07%
- 1Y
- 49.43%
- 3Y*
- 35.53%
- 5Y*
- 18.43%
- 10Y*
- —
AAPL
- 1D
- -1.44%
- 1M
- -1.73%
- YTD
- 7.84%
- 6M
- 4.55%
- 1Y
- 49.06%
- 3Y*
- 14.85%
- 5Y*
- 19.82%
- 10Y*
- 30.02%
GDGB.L vs. AAPL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GDGB.L VanEck Gold Miners UCITS ETF | -6.93% | 138.26% | 11.24% | 3.69% | 3.04% | -10.47% | 19.56% | 38.86% | -5.04% | -3.87% |
AAPL Apple Inc | 7.84% | 1.28% | 32.99% | 41.56% | -17.65% | 35.92% | 76.95% | 81.77% | 0.22% | 9.76% |
Correlation
The correlation between GDGB.L and AAPL is -0.02, 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 (1Y) Calculated over the trailing 1-year period | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.07 |
Correlation (All Time) Calculated using the full available price history since Jun 14, 2017 | -0.02 |
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Return for Risk
GDGB.L vs. AAPL — Risk / Return Rank
GDGB.L
AAPL
GDGB.L vs. AAPL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Gold Miners UCITS ETF (GDGB.L) and Apple Inc (AAPL). 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.
| GDGB.L | AAPL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.96 | ||
| Sortino ratioReturn per unit of downside risk | -1.31 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.40 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.50 | 3.07 | -1.57 |
| Martin ratioReturn relative to average drawdown | 4.20 | 7.59 | -3.40 |
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Drawdowns
GDGB.L vs. AAPL - Drawdown Comparison
The maximum GDGB.L drawdown since its inception was -40.80%, smaller than the maximum AAPL drawdown of -49.37%. Use the drawdown chart below to compare losses from any high point for GDGB.L and AAPL.
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Drawdown Indicators
| GDGB.L | AAPL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.80% | -49.37% | +8.57% |
Max Drawdown (1Y)Largest decline over 1 year | -34.64% | -16.06% | -18.58% |
Max Drawdown (3Y)Largest decline over 3 years | -34.64% | -34.64% | 0.00% |
Max Drawdown (5Y)Largest decline over 5 years | -35.49% | -34.64% | -0.85% |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.00% | — |
Current DrawdownCurrent decline from peak | -30.57% | -7.21% | -23.36% |
Average DrawdownAverage peak-to-trough decline | -17.54% | -10.28% | -7.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.38% | 6.48% | +5.90% |
Volatility
GDGB.L vs. AAPL - Volatility Comparison
VanEck Gold Miners UCITS ETF (GDGB.L) has a higher volatility of 14.08% compared to Apple Inc (AAPL) at 6.86%. This indicates that GDGB.L's price experiences larger fluctuations and is considered to be riskier than AAPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GDGB.L | AAPL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.08% | 6.86% | +7.22% |
Volatility (6M)Calculated over the trailing 6-month period | 34.68% | 16.68% | +18.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.88% | 22.70% | +20.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.90% | 26.54% | +6.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.21% | 28.96% | +3.25% |
Dividends
GDGB.L vs. AAPL - Dividend Comparison
GDGB.L has not paid dividends to shareholders, while AAPL's dividend yield for the trailing twelve months is around 0.36%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAPL Apple Inc | 0.36% | 0.38% | 0.40% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% |
GDGB.L VanEck Gold Miners UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GDGB.L and AAPL have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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