GLOB vs. GLD
GLOB (Globant S.A.) is a stock, while GLD (SPDR Gold Shares) is Gold fund tracking the LBMA Gold Price PM. Over the past 10 years, GLOB returned -0.56%/yr vs 12.15%/yr for GLD. At a 0.02 correlation, their price movements are largely independent.
Performance
GLOB vs. GLD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GLOB achieves a -42.65% return, which is significantly lower than GLD's -2.47% return. Over the past 10 years, GLOB has underperformed GLD with an annualized return of -0.56%, while GLD has yielded a comparatively higher 12.15% annualized return.
GLOB
- 1D
- 2.94%
- 1M
- -3.65%
- YTD
- -42.65%
- 6M
- -44.62%
- 1Y
- -60.13%
- 3Y*
- -41.52%
- 5Y*
- -29.68%
- 10Y*
- -0.56%
GLD
- 1D
- 0.06%
- 1M
- -9.52%
- YTD
- -2.47%
- 6M
- -2.25%
- 1Y
- 22.21%
- 3Y*
- 28.89%
- 5Y*
- 17.08%
- 10Y*
- 12.15%
GLOB vs. GLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GLOB Globant S.A. | -42.65% | -69.51% | -9.90% | 41.52% | -46.46% | 44.34% | 105.20% | 88.30% | 21.22% | 39.31% |
GLD SPDR Gold Shares | -2.47% | 63.68% | 26.66% | 12.69% | -0.77% | -4.15% | 24.81% | 17.86% | -1.94% | 12.81% |
Correlation
The correlation between GLOB and GLD is -0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Jul 18, 2014 | 0.02 |
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
GLOB vs. GLD — Risk / Return Rank
GLOB
GLD
GLOB vs. GLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Globant S.A. (GLOB) and SPDR Gold Shares (GLD). 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.
| GLOB | GLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.00 | ||
| Sortino ratioReturn per unit of downside risk | -3.15 | ||
| Omega ratioGain probability vs. loss probability | 0.78 | 1.18 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | -0.94 | 0.98 | -1.92 |
| Martin ratioReturn relative to average drawdown | -1.55 | 2.81 | -4.36 |
Loading charts...
Drawdowns
GLOB vs. GLD - Drawdown Comparison
The maximum GLOB drawdown since its inception was -90.76%, which is greater than GLD's maximum drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for GLOB and GLD.
Loading charts...
Drawdown Indicators
| GLOB | GLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.76% | -45.56% | -45.20% |
Max Drawdown (1Y)Largest decline over 1 year | -65.82% | -24.46% | -41.36% |
Max Drawdown (3Y)Largest decline over 3 years | -86.88% | -24.46% | -62.42% |
Max Drawdown (5Y)Largest decline over 5 years | -90.76% | -24.46% | -66.30% |
Max Drawdown (10Y)Largest decline over 10 years | -90.76% | -24.46% | -66.30% |
Current DrawdownCurrent decline from peak | -89.42% | -22.05% | -67.37% |
Average DrawdownAverage peak-to-trough decline | -26.21% | -16.16% | -10.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 41.21% | 8.49% | +32.72% |
Volatility
GLOB vs. GLD - Volatility Comparison
Globant S.A. (GLOB) has a higher volatility of 21.18% compared to SPDR Gold Shares (GLD) at 7.79%. This indicates that GLOB's price experiences larger fluctuations and is considered to be riskier than GLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GLOB | GLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.18% | 7.79% | +13.39% |
Volatility (6M)Calculated over the trailing 6-month period | 43.96% | 24.10% | +19.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.03% | 27.37% | +27.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.29% | 18.22% | +33.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.53% | 16.08% | +31.45% |
Dividends
GLOB vs. GLD - Dividend Comparison
Neither GLOB nor GLD has paid dividends to shareholders.
Frequently Asked Questions
GLOB and GLD have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GLOB has higher volatility (21.18%) compared to GLD (7.79%). In terms of maximum drawdown, GLOB dropped -90.76% vs GLD's -45.56%.
GLD currently has the higher Sharpe Ratio (0.87 vs -1.13), 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 GLOB and GLD
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