GLDM vs. UTHR
GLDM (SPDR Gold MiniShares Trust) is Gold fund tracking the LBMA Gold Price PM, while UTHR (United Therapeutics Corporation) is a stock. Over the past 5 years, GLDM returned 17.31%/yr vs 23.26%/yr for UTHR. Their 0.03 correlation means their historical movements had little consistent relationship.
Performance
GLDM vs. UTHR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GLDM achieves a -6.13% return, which is significantly lower than UTHR's 6.25% return.
GLDM
- 1D
- -1.46%
- 1M
- 0.28%
- 6M
- -16.53%
- YTD
- -6.13%
- 1Y
- 23.01%
- 3Y*
- 27.59%
- 5Y*
- 17.31%
- 10Y*
- —
- ALL TIME*
- 15.36%
UTHR
- 1D
- -1.54%
- 1M
- -5.38%
- 6M
- 10.27%
- YTD
- 6.25%
- 1Y
- 88.46%
- 3Y*
- 29.19%
- 5Y*
- 23.26%
- 10Y*
- 15.19%
- ALL TIME*
- 17.35%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $263.44M | $251.25M | $317.77M | |
| $217.22M | $211.82M | $269.54M |
GLDM vs. UTHR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
GLDM SPDR Gold MiniShares Trust | -6.13% | 64.20% | 27.08% | 13.04% | -0.47% | -4.01% | 25.10% | 18.10% | 1.75% |
UTHR United Therapeutics Corporation | 6.25% | 38.09% | 60.46% | -20.93% | 28.70% | 42.35% | 72.33% | -19.12% | -4.05% |
Correlation
The correlation between GLDM and UTHR is 0.05, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.05 |
Correlation (3Y) Balances recent behavior with more history. | 0.04 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.04 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2018 | 0.03 |
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. UTHR — Risk / Return Rank
GLDM
UTHR
GLDM vs. UTHR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Gold MiniShares Trust (GLDM) and United Therapeutics Corporation (UTHR). 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 | UTHR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.06 | ||
| Sortino ratioReturn per unit of downside risk | -3.14 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.49 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | 0.88 | 6.71 | -5.83 |
| Martin ratioReturn relative to average drawdown | 1.90 | 15.67 | -13.77 |
Loading charts...
Drawdowns
GLDM vs. UTHR - Drawdown Comparison
The maximum GLDM drawdown since its inception was -26.27%, smaller than the maximum UTHR drawdown of -93.18%. Use the drawdown chart below to compare losses from any high point for GLDM and UTHR.
Loading charts...
Drawdown Indicators
| GLDM | UTHR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.27% | -93.18% | +66.91% |
Max Drawdown (1Y)Largest decline over 1 year | -26.27% | -13.25% | -13.02% |
Max Drawdown (3Y)Largest decline over 3 years | -26.27% | -33.00% | +6.73% |
Max Drawdown (5Y)Largest decline over 5 years | -26.27% | -33.00% | +6.73% |
Max Drawdown (10Y)Largest decline over 10 years | — | -55.56% | — |
Current DrawdownCurrent decline from peak | -24.94% | -13.25% | -11.69% |
Average DrawdownAverage peak-to-trough decline | -6.56% | -35.18% | +28.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.12% | 5.66% | +6.46% |
Volatility
GLDM vs. UTHR - Volatility Comparison
SPDR Gold MiniShares Trust (GLDM) and United Therapeutics Corporation (UTHR) have volatilities of 6.35% and 6.09%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GLDM | UTHR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.35% | 6.09% | +0.26% |
Volatility (6M)Calculated over the trailing 6-month period | 23.37% | 25.86% | -2.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.92% | 47.15% | -19.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.39% | 35.05% | -16.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.10% | 34.89% | -17.79% |
Dividends
GLDM vs. UTHR - Dividend Comparison
Neither GLDM nor UTHR has paid dividends to shareholders.
Frequently Asked Questions
GLDM and UTHR have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GLDM has higher volatility (6.35%) compared to UTHR (6.09%). In terms of maximum drawdown, GLDM dropped -26.27% vs UTHR's -93.18%.
UTHR currently has the higher Sharpe Ratio (1.89 vs 0.83), 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 UTHR
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