GDGB.L vs. XAU.TO
Compare and contrast key facts about VanEck Gold Miners UCITS ETF (GDGB.L) and Goldmoney Inc. (XAU.TO).
GDGB.L is a passively managed fund by VanEck that tracks the performance of the EMIX Global Mining Global Gold TR USD. It was launched on Mar 25, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GDGB.L or XAU.TO.
Key characteristics
| GDGB.L | XAU.TO | |
|---|---|---|
| YTD Return | 22.62% | 23.30% |
| 1Y Return | 33.03% | 15.33% |
| 3Y Return (Ann) | 8.95% | -5.35% |
| 5Y Return (Ann) | 8.93% | -1.44% |
| Sharpe Ratio | 1.27 | 0.42 |
| Sortino Ratio | 1.89 | 0.91 |
| Omega Ratio | 1.22 | 1.11 |
| Calmar Ratio | 0.97 | 0.17 |
| Martin Ratio | 5.17 | 1.50 |
| Ulcer Index | 7.15% | 9.69% |
| Daily Std Dev | 29.20% | 34.18% |
| Max Drawdown | -40.80% | -83.45% |
| Current Drawdown | -11.23% | -75.29% |
Correlation
The correlation between GDGB.L and XAU.TO is 0.27, 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
GDGB.L vs. XAU.TO - Performance Comparison
The year-to-date returns for both investments are quite close, with GDGB.L having a 22.62% return and XAU.TO slightly higher at 23.30%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
GDGB.L vs. XAU.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Gold Miners UCITS ETF (GDGB.L) and Goldmoney Inc. (XAU.TO). 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.
Dividends
GDGB.L vs. XAU.TO - Dividend Comparison
Neither GDGB.L nor XAU.TO has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
GDGB.L VanEck Gold Miners UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XAU.TO Goldmoney Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2,139,037.43% |
Drawdowns
GDGB.L vs. XAU.TO - Drawdown Comparison
The maximum GDGB.L drawdown since its inception was -40.80%, smaller than the maximum XAU.TO drawdown of -83.45%. Use the drawdown chart below to compare losses from any high point for GDGB.L and XAU.TO. For additional features, visit the drawdowns tool.
Volatility
GDGB.L vs. XAU.TO - Volatility Comparison
VanEck Gold Miners UCITS ETF (GDGB.L) has a higher volatility of 7.49% compared to Goldmoney Inc. (XAU.TO) at 4.76%. This indicates that GDGB.L's price experiences larger fluctuations and is considered to be riskier than XAU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.