GLXY.TO vs. ^TNX
Compare and contrast key facts about Galaxy Digital Holdings Ltd. (GLXY.TO) and Treasury Yield 10 Years (^TNX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GLXY.TO or ^TNX.
Key characteristics
| GLXY.TO | ^TNX | |
|---|---|---|
| YTD Return | 142.01% | 14.28% |
| 1Y Return | 208.64% | -2.58% |
| 3Y Return (Ann) | -15.29% | 39.81% |
| 5Y Return (Ann) | 86.32% | 19.29% |
| Sharpe Ratio | 2.96 | -0.02 |
| Sortino Ratio | 3.20 | 0.14 |
| Omega Ratio | 1.38 | 1.01 |
| Calmar Ratio | 2.99 | -0.01 |
| Martin Ratio | 16.49 | -0.05 |
| Ulcer Index | 14.99% | 11.32% |
| Daily Std Dev | 83.62% | 23.12% |
| Max Drawdown | -91.88% | -93.78% |
| Current Drawdown | -41.36% | -44.93% |
Correlation
The correlation between GLXY.TO and ^TNX is 0.03, 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.
Performance
GLXY.TO vs. ^TNX - Performance Comparison
In the year-to-date period, GLXY.TO achieves a 142.01% return, which is significantly higher than ^TNX's 14.28% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
GLXY.TO vs. ^TNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Galaxy Digital Holdings Ltd. (GLXY.TO) and Treasury Yield 10 Years (^TNX). 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.
Drawdowns
GLXY.TO vs. ^TNX - Drawdown Comparison
The maximum GLXY.TO drawdown since its inception was -91.88%, roughly equal to the maximum ^TNX drawdown of -93.78%. Use the drawdown chart below to compare losses from any high point for GLXY.TO and ^TNX. For additional features, visit the drawdowns tool.
Volatility
GLXY.TO vs. ^TNX - Volatility Comparison
Galaxy Digital Holdings Ltd. (GLXY.TO) has a higher volatility of 33.49% compared to Treasury Yield 10 Years (^TNX) at 6.38%. This indicates that GLXY.TO's price experiences larger fluctuations and is considered to be riskier than ^TNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.