GJGB.L vs. GC=F
Compare and contrast key facts about VanEck Junior Gold Miners UCITS (GJGB.L) and Gold (GC=F).
GJGB.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: GJGB.L or GC=F.
Key characteristics
| GJGB.L | GC=F | |
|---|---|---|
| YTD Return | 18.61% | 26.62% |
| 1Y Return | 34.10% | 34.23% |
| 3Y Return (Ann) | 1.07% | 10.55% |
| 5Y Return (Ann) | 5.30% | 10.77% |
| Sharpe Ratio | 0.88 | 2.27 |
| Sortino Ratio | 1.39 | 2.90 |
| Omega Ratio | 1.17 | 1.42 |
| Calmar Ratio | 0.66 | 4.74 |
| Martin Ratio | 3.81 | 12.87 |
| Ulcer Index | 8.27% | 2.49% |
| Daily Std Dev | 35.74% | 14.16% |
| Max Drawdown | -49.12% | -44.36% |
| Current Drawdown | -24.84% | -6.35% |
Correlation
The correlation between GJGB.L and GC=F 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
GJGB.L vs. GC=F - Performance Comparison
In the year-to-date period, GJGB.L achieves a 18.61% return, which is significantly lower than GC=F's 26.62% return. 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
GJGB.L vs. GC=F - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Junior Gold Miners UCITS (GJGB.L) and Gold (GC=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
GJGB.L vs. GC=F - Drawdown Comparison
The maximum GJGB.L drawdown since its inception was -49.12%, which is greater than GC=F's maximum drawdown of -44.36%. Use the drawdown chart below to compare losses from any high point for GJGB.L and GC=F. For additional features, visit the drawdowns tool.
Volatility
GJGB.L vs. GC=F - Volatility Comparison
VanEck Junior Gold Miners UCITS (GJGB.L) has a higher volatility of 9.85% compared to Gold (GC=F) at 5.17%. This indicates that GJGB.L's price experiences larger fluctuations and is considered to be riskier than GC=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.