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GLCC.TO vs. A1G.AX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

GLCC.TO vs. A1G.AX

Last updated Apr 1, 2026

Compare and contrast key facts about Global X Gold Producer Equity Covered Call ETF (GLCC.TO) and African Gold Limited (A1G.AX).

GLCC.TO is an actively managed fund by Global X. It was launched on Apr 11, 2011.

Performance

GLCC.TO vs. A1G.AX - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Gold Producer Equity Covered Call ETF (GLCC.TO) and African Gold Limited (A1G.AX). The values are adjusted to include any dividend payments, if applicable.

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GLCC.TO vs. A1G.AX - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
GLCC.TO
Global X Gold Producer Equity Covered Call ETF		5.98%137.43%20.18%6.19%-1.80%-9.37%15.00%31.57%
A1G.AX
African Gold Limited		52.16%1,134.42%100.91%-67.01%-47.31%-16.22%55.67%-45.35%
Different Trading Currencies

GLCC.TO is traded in CAD, while A1G.AX is traded in AUD. To make them comparable, the A1G.AX values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, GLCC.TO achieves a 5.98% return, which is significantly lower than A1G.AX's 52.16% return.

GLCC.TO

1D
5.95%
1M
-18.48%
YTD
5.98%
6M
20.90%
1Y
86.11%
3Y*
43.56%
5Y*
25.34%
10Y*
17.68%

A1G.AX

1D
7.71%
1M
-4.69%
YTD
52.16%
6M
137.87%
1Y
965.84%
3Y*
150.15%
5Y*
37.97%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Global X Gold Producer Equity Covered Call ETF

African Gold Limited

Often compared with GLCC.TO:
GLCC.TO vs. AMAX.TOGLCC.TO vs. DXMO.TOGLCC.TO vs. BCCCGLCC.TO vs. GLDI.LGLCC.TO vs. WAF.AXGLCC.TO vs. IGLDGLCC.TO vs. 4GLD.DE
Often compared with A1G.AX:
A1G.AX vs. WAF.AXA1G.AX vs. CORA.LA1G.AX vs. GOEX

Return for Risk

GLCC.TO vs. A1G.AX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
GLCC.TO
GLCC.TO Risk / Return Rank: 9090
Overall Rank
GLCC.TO Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
GLCC.TO Sortino Ratio Rank: 8888
Sortino Ratio Rank
GLCC.TO Omega Ratio Rank: 8989
Omega Ratio Rank
GLCC.TO Calmar Ratio Rank: 9191
Calmar Ratio Rank
GLCC.TO Martin Ratio Rank: 9191
Martin Ratio Rank
A1G.AX
A1G.AX Risk / Return Rank: 9999
Overall Rank
A1G.AX Sharpe Ratio Rank: 100100
Sharpe Ratio Rank
A1G.AX Sortino Ratio Rank: 9999
Sortino Ratio Rank
A1G.AX Omega Ratio Rank: 9797
Omega Ratio Rank
A1G.AX Calmar Ratio Rank: 100100
Calmar Ratio Rank
A1G.AX Martin Ratio Rank: 100100
Martin Ratio Rank
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.

GLCC.TO vs. A1G.AX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Gold Producer Equity Covered Call ETF (GLCC.TO) and African Gold Limited (A1G.AX). 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.

GLCC.TOA1G.AXDifference

Sharpe ratio

Return per unit of total volatility

2.10

8.46

-6.36

Sortino ratio

Return per unit of downside risk

2.39

5.29

-2.90

Omega ratio

Gain probability vs. loss probability

1.36

1.66

-0.30

Calmar ratio

Return relative to maximum drawdown

3.04

24.26

-21.22

Martin ratio

Return relative to average drawdown

11.66

64.12

-52.46

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GLCC.TO vs. A1G.AX - Sharpe Ratio Comparison

The current GLCC.TO Sharpe Ratio is 2.10, which is lower than the A1G.AX Sharpe Ratio of 8.46. The chart below compares the historical Sharpe Ratios of GLCC.TO and A1G.AX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

GLCC.TOA1G.AXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.10

8.46

-6.36

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.82

0.34

+0.48

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.56

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.00

0.21

-0.21

Correlation

The correlation between GLCC.TO and A1G.AX is 0.07, 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.

Dividends

GLCC.TO vs. A1G.AX - Dividend Comparison

GLCC.TO's dividend yield for the trailing twelve months is around 6.21%, while A1G.AX has not paid dividends to shareholders.

TTM20252024202320222021202020192018201720162015
GLCC.TO
Global X Gold Producer Equity Covered Call ETF		6.21%6.01%10.30%11.16%10.08%6.31%6.47%4.58%5.62%7.09%9.21%11.63%
A1G.AX
African Gold Limited		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

GLCC.TO vs. A1G.AX - Drawdown Comparison

The maximum GLCC.TO drawdown since its inception was -71.12%, smaller than the maximum A1G.AX drawdown of -92.11%. Use the drawdown chart below to compare losses from any high point for GLCC.TO and A1G.AX.

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Drawdown Indicators

GLCC.TOA1G.AXDifference

Max Drawdown

Largest peak-to-trough decline

-71.12%

-91.90%

+20.78%

Max Drawdown (1Y)

Largest decline over 1 year

-28.86%

-37.36%

+8.50%

Max Drawdown (5Y)

Largest decline over 5 years

-37.60%

-91.90%

+54.30%

Max Drawdown (10Y)

Largest decline over 10 years

-44.83%

—

—

Current Drawdown

Current decline from peak

-18.48%

-11.16%

-7.32%

Average Drawdown

Average peak-to-trough decline

-34.62%

-52.07%

+17.45%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.54%

14.22%

-6.68%

Volatility

GLCC.TO vs. A1G.AX - Volatility Comparison

The current volatility for Global X Gold Producer Equity Covered Call ETF (GLCC.TO) is 17.09%, while African Gold Limited (A1G.AX) has a volatility of 22.61%. This indicates that GLCC.TO experiences smaller price fluctuations and is considered to be less risky than A1G.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

GLCC.TOA1G.AXDifference

Volatility (1M)

Calculated over the trailing 1-month period

17.09%

22.61%

-5.52%

Volatility (6M)

Calculated over the trailing 6-month period

34.47%

74.05%

-39.58%

Volatility (1Y)

Calculated over the trailing 1-year period

41.29%

114.98%

-73.69%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

31.17%

110.89%

-79.72%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

31.75%

113.45%

-81.70%