GLD vs. USD=X
GLD (SPDR Gold Shares) is Gold fund tracking the LBMA Gold Price PM, while USD=X (USD Cash) is a currency. Over the past 10 years, GLD returned 12.15%/yr vs 0.00%/yr for USD=X.
Performance
GLD vs. USD=X - Performance Comparison
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Returns By Period
GLD
- 1D
- 0.06%
- 1M
- -10.21%
- YTD
- -2.47%
- 6M
- -2.25%
- 1Y
- 23.81%
- 3Y*
- 28.89%
- 5Y*
- 17.08%
- 10Y*
- 12.15%
USD=X
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 0.00%
- 3Y*
- 0.00%
- 5Y*
- 0.00%
- 10Y*
- 0.00%
GLD vs. USD=X - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GLD SPDR Gold Shares | -2.47% | 63.68% | 26.66% | 12.69% | -0.77% | -4.15% | 24.81% | 17.86% | -1.94% | 12.81% |
USD=X USD Cash | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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Return for Risk
GLD vs. USD=X — Risk / Return Rank
GLD
USD=X
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GLD vs. USD=X - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Gold Shares (GLD) and USD Cash (USD=X). 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.
| GLD | USD=X | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.18 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.98 | — | — |
| Martin ratioReturn relative to average drawdown | 2.81 | — | — |
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Drawdowns
GLD vs. USD=X - Drawdown Comparison
The maximum GLD drawdown since its inception was -45.56%, which is greater than USD=X's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for GLD and USD=X.
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Drawdown Indicators
| GLD | USD=X | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.56% | 0.00% | -45.56% |
Max Drawdown (1Y)Largest decline over 1 year | -24.46% | 0.00% | -24.46% |
Max Drawdown (3Y)Largest decline over 3 years | -24.46% | 0.00% | -24.46% |
Max Drawdown (5Y)Largest decline over 5 years | -24.46% | 0.00% | -24.46% |
Max Drawdown (10Y)Largest decline over 10 years | -24.46% | 0.00% | -24.46% |
Current DrawdownCurrent decline from peak | -22.05% | 0.00% | -22.05% |
Average DrawdownAverage peak-to-trough decline | -16.16% | 0.00% | -16.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.49% | 0.00% | +8.49% |
Volatility
GLD vs. USD=X - Volatility Comparison
SPDR Gold Shares (GLD) has a higher volatility of 7.79% compared to USD Cash (USD=X) at 0.00%. This indicates that GLD's price experiences larger fluctuations and is considered to be riskier than USD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GLD | USD=X | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.79% | 0.00% | +7.79% |
Volatility (6M)Calculated over the trailing 6-month period | 24.10% | 0.00% | +24.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.37% | 0.00% | +27.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.22% | 0.00% | +18.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.08% | 0.00% | +16.08% |
Frequently Asked Questions
GLD has higher volatility (7.79%) compared to USD=X (0.00%). In terms of maximum drawdown, GLD dropped -45.56% vs USD=X's 0.00%.
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