GENL.L vs. GLD
GENL.L (Genel Energy plc) is a stock, while GLD (SPDR Gold Shares) is Gold fund tracking the LBMA Gold Price PM. Over the past 10 years, GENL.L returned -5.57%/yr vs 12.73%/yr for GLD. At a correlation of -0.00, they often move in opposite directions.
Performance
GENL.L vs. GLD - Performance Comparison
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Different Trading Currencies
GENL.L is traded in GBp, while GLD is traded in USD. To make them comparable, the GLD values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, GENL.L achieves a -9.58% return, which is significantly lower than GLD's -1.97% return. Over the past 10 years, GENL.L has underperformed GLD with an annualized return of -5.57%, while GLD has yielded a comparatively higher 12.73% annualized return.
GENL.L
- 1D
- -0.74%
- 1M
- 5.49%
- YTD
- -9.58%
- 6M
- -6.43%
- 1Y
- -0.00%
- 3Y*
- -22.28%
- 5Y*
- -16.59%
- 10Y*
- -5.57%
GLD
- 1D
- 0.14%
- 1M
- -7.94%
- YTD
- -1.97%
- 6M
- -2.49%
- 1Y
- 23.73%
- 3Y*
- 26.29%
- 5Y*
- 18.29%
- 10Y*
- 12.73%
GENL.L vs. GLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GENL.L Genel Energy plc | -9.58% | -9.85% | -13.95% | -34.46% | 2.60% | -4.92% | -17.71% | 11.73% | 64.64% | 31.40% |
GLD SPDR Gold Shares | -1.97% | 52.02% | 28.87% | 7.06% | 11.03% | -3.24% | 21.15% | 13.37% | 3.87% | 3.05% |
Correlation
The correlation between GENL.L and GLD is 0.10, 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 | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Jun 17, 2011 | -0.00 |
The correlation between GENL.L and GLD shifts across timeframes, from -0.00 (all time) to 0.10 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
GENL.L vs. GLD — Risk / Return Rank
GENL.L
GLD
GENL.L vs. GLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Genel Energy plc (GENL.L) and SPDR Gold Shares (GLD). 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.
| GENL.L | GLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.95 | ||
| Sortino ratioReturn per unit of downside risk | -0.87 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.21 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 0.07 | 1.11 | -1.04 |
| Martin ratioReturn relative to average drawdown | 0.12 | 3.30 | -3.18 |
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Drawdowns
GENL.L vs. GLD - Drawdown Comparison
The maximum GENL.L drawdown since its inception was -94.88%, which is greater than GLD's maximum drawdown of -41.89%. Use the drawdown chart below to compare losses from any high point for GENL.L and GLD.
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Drawdown Indicators
| GENL.L | GLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.88% | -41.89% | -52.99% |
Max Drawdown (1Y)Largest decline over 1 year | -34.50% | -23.37% | -11.13% |
Max Drawdown (3Y)Largest decline over 3 years | -54.75% | -23.37% | -31.38% |
Max Drawdown (5Y)Largest decline over 5 years | -71.73% | -23.37% | -48.36% |
Max Drawdown (10Y)Largest decline over 10 years | -80.41% | -23.37% | -57.04% |
Current DrawdownCurrent decline from peak | -93.45% | -21.12% | -72.33% |
Average DrawdownAverage peak-to-trough decline | -69.22% | -13.24% | -55.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.45% | 7.84% | +13.61% |
Volatility
GENL.L vs. GLD - Volatility Comparison
Genel Energy plc (GENL.L) has a higher volatility of 10.54% compared to SPDR Gold Shares (GLD) at 7.10%. This indicates that GENL.L's price experiences larger fluctuations and is considered to be riskier than GLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GENL.L | GLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.54% | 7.10% | +3.44% |
Volatility (6M)Calculated over the trailing 6-month period | 26.85% | 22.61% | +4.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.79% | 26.01% | +24.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.15% | 16.93% | +31.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.15% | 16.32% | +38.83% |
Dividends
GENL.L vs. GLD - Dividend Comparison
Neither GENL.L nor GLD has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
GENL.L Genel Energy plc | 0.00% | 0.00% | 0.00% | 10.12% | 9.35% | 6.42% | 6.55% | 4.77% |
GLD SPDR Gold Shares | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GENL.L and GLD have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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