GOLB.L vs. FNV.TO
Compare and contrast key facts about Market Access NYSE Arca Gold Bugs UCITS ETF (GOLB.L) and Franco-Nevada Corporation (FNV.TO).
GOLB.L is a passively managed fund by China Post Global that tracks the performance of the EMIX Global Mining Global Gold TR USD. It was launched on Jan 11, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GOLB.L or FNV.TO.
Key characteristics
| GOLB.L | FNV.TO | |
|---|---|---|
| YTD Return | 13.50% | 18.22% |
| 1Y Return | 1.80% | -17.86% |
| 3Y Return (Ann) | 0.68% | -0.77% |
| Sharpe Ratio | 0.15 | -0.73 |
| Daily Std Dev | 29.56% | 24.55% |
| Max Drawdown | -44.07% | -47.77% |
| Current Drawdown | -21.97% | -18.77% |
Correlation
The correlation between GOLB.L and FNV.TO is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
GOLB.L vs. FNV.TO - Performance Comparison
In the year-to-date period, GOLB.L achieves a 13.50% return, which is significantly lower than FNV.TO's 18.22% 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
GOLB.L vs. FNV.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Market Access NYSE Arca Gold Bugs UCITS ETF (GOLB.L) and Franco-Nevada Corporation (FNV.TO). 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.
Dividends
GOLB.L vs. FNV.TO - Dividend Comparison
GOLB.L has not paid dividends to shareholders, while FNV.TO's dividend yield for the trailing twelve months is around 0.80%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOLB.L Market Access NYSE Arca Gold Bugs UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FNV.TO Franco-Nevada Corporation | 0.80% | 0.93% | 0.69% | 0.66% | 0.65% | 0.74% | 1.32% | 0.91% | 1.08% | 1.31% | 1.36% | 1.66% |
Drawdowns
GOLB.L vs. FNV.TO - Drawdown Comparison
The maximum GOLB.L drawdown since its inception was -44.07%, smaller than the maximum FNV.TO drawdown of -47.77%. Use the drawdown chart below to compare losses from any high point for GOLB.L and FNV.TO. For additional features, visit the drawdowns tool.
Volatility
GOLB.L vs. FNV.TO - Volatility Comparison
Market Access NYSE Arca Gold Bugs UCITS ETF (GOLB.L) has a higher volatility of 8.00% compared to Franco-Nevada Corporation (FNV.TO) at 6.67%. This indicates that GOLB.L's price experiences larger fluctuations and is considered to be riskier than FNV.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.