GLDM vs. DXCM
GLDM (SPDR Gold MiniShares Trust) is Gold fund tracking the LBMA Gold Price PM, while DXCM (DexCom, Inc.) is a stock. Over the past 5 years, GLDM returned 17.41%/yr vs -5.51%/yr for DXCM. At a 0.08 correlation, their price movements are largely independent.
Performance
GLDM vs. DXCM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GLDM achieves a -2.40% return, which is significantly lower than DXCM's 13.56% return.
GLDM
- 1D
- 0.11%
- 1M
- -7.40%
- YTD
- -2.40%
- 6M
- -2.09%
- 1Y
- 22.58%
- 3Y*
- 29.27%
- 5Y*
- 17.41%
- 10Y*
- —
DXCM
- 1D
- 0.16%
- 1M
- 22.29%
- YTD
- 13.56%
- 6M
- 12.56%
- 1Y
- -8.07%
- 3Y*
- -15.73%
- 5Y*
- -5.51%
- 10Y*
- 15.17%
GLDM vs. DXCM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
GLDM SPDR Gold MiniShares Trust | -2.40% | 64.20% | 27.08% | 13.04% | -0.47% | -4.01% | 25.10% | 18.10% | 1.75% |
DXCM DexCom, Inc. | 13.56% | -14.66% | -37.33% | 9.58% | -15.64% | 45.23% | 69.02% | 82.59% | 25.52% |
Correlation
The correlation between GLDM and DXCM is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2018 | 0.08 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GLDM vs. DXCM — Risk / Return Rank
GLDM
DXCM
GLDM vs. DXCM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Gold MiniShares Trust (GLDM) and DexCom, Inc. (DXCM). 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.
| GLDM | DXCM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.12 | ||
| Sortino ratioReturn per unit of downside risk | +1.29 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.00 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.00 | -0.23 | +1.23 |
| Martin ratioReturn relative to average drawdown | 2.87 | -0.40 | +3.27 |
Loading charts...
Drawdowns
GLDM vs. DXCM - Drawdown Comparison
The maximum GLDM drawdown since its inception was -24.35%, smaller than the maximum DXCM drawdown of -94.61%. Use the drawdown chart below to compare losses from any high point for GLDM and DXCM.
Loading charts...
Drawdown Indicators
| GLDM | DXCM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.35% | -94.61% | +70.26% |
Max Drawdown (1Y)Largest decline over 1 year | -24.35% | -38.75% | +14.40% |
Max Drawdown (3Y)Largest decline over 3 years | -24.35% | -60.95% | +36.60% |
Max Drawdown (5Y)Largest decline over 5 years | -24.35% | -66.32% | +41.97% |
Max Drawdown (10Y)Largest decline over 10 years | — | -66.32% | — |
Current DrawdownCurrent decline from peak | -21.96% | -53.71% | +31.75% |
Average DrawdownAverage peak-to-trough decline | -6.27% | -36.02% | +29.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.44% | 22.77% | -14.33% |
Volatility
GLDM vs. DXCM - Volatility Comparison
The current volatility for SPDR Gold MiniShares Trust (GLDM) is 7.73%, while DexCom, Inc. (DXCM) has a volatility of 13.27%. This indicates that GLDM experiences smaller price fluctuations and is considered to be less risky than DXCM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GLDM | DXCM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.73% | 13.27% | -5.54% |
Volatility (6M)Calculated over the trailing 6-month period | 23.93% | 25.48% | -1.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.15% | 40.74% | -13.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.13% | 46.98% | -28.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.98% | 48.43% | -31.45% |
Dividends
GLDM vs. DXCM - Dividend Comparison
Neither GLDM nor DXCM has paid dividends to shareholders.
Frequently Asked Questions
GLDM and DXCM have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DXCM has higher volatility (13.27%) compared to GLDM (7.73%). In terms of maximum drawdown, GLDM dropped -24.35% vs DXCM's -94.61%.
GLDM currently has the higher Sharpe Ratio (0.90 vs -0.22), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for GLDM and DXCM
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer