GOLD vs. ^DXY

Last updated Jun 20, 2026

GOLD (Barrick Mining Corporation) is a stock, while ^DXY (US Dollar Currency Index) is an index. At a correlation of -0.42, they often move in opposite directions.

Performance

GOLD vs. ^DXY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Barrick Mining Corporation (GOLD) and US Dollar Currency Index (^DXY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GOLD achieves a 25.14% return, which is significantly higher than ^DXY's 1.13% return.

GOLD

• 1D: -1.08%
• 1M: 3.02%
• YTD: 25.14%
• 6M: 28.50%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

^DXY

• 1D: -0.10%
• 1M: 0.10%
• YTD: 1.13%
• 6M: 1.02%
• 1Y: 0.53%
• 3Y*: -1.49%
• 5Y*: 1.98%
• 10Y*: 0.57%

*Multi-year figures are annualized to reflect compound growth (CAGR)

GOLD vs. ^DXY - Yearly Performance Comparison

	2026 (YTD)	2025
GOLD Barrick Mining Corporation	25.14%	13.01%
^DXY US Dollar Currency Index	1.13%	-1.10%

Correlation

The correlation between GOLD and ^DXY is -0.42, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 2, 2025	-0.42

Return for Risk

GOLD vs. ^DXY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GOLD

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

^DXY

^DXY Risk / Return Rank: 17
^DXY Sharpe Ratio Rank: 18
^DXY Sortino Ratio Rank: 15
^DXY Omega Ratio Rank: 15
^DXY Calmar Ratio Rank: 19
^DXY Martin Ratio Rank: 19

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GOLD vs. ^DXY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Barrick Mining Corporation (GOLD) and US Dollar Currency Index (^DXY). 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.

	GOLD	^DXY	Difference
Sharpe ratio: Return per unit of total volatility	—	0.11	—
Sortino ratio: Return per unit of downside risk	—	0.19	—
Omega ratio: Gain probability vs. loss probability	—	1.02	—
Calmar ratio: Return relative to maximum drawdown	—	0.16	—
Martin ratio: Return relative to average drawdown	—	0.36	—

Drawdowns

GOLD vs. ^DXY - Drawdown Comparison

The maximum GOLD drawdown since its inception was -40.58%, smaller than the maximum ^DXY drawdown of -45.13%. Use the drawdown chart below to compare losses from any high point for GOLD and ^DXY.

Drawdown Indicators

	GOLD	^DXY	Difference
Max Drawdown Largest peak-to-trough decline	-40.58%	-45.13%	+4.55%
Max Drawdown (1Y) Largest decline over 1 year	—	-4.00%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-12.49%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-15.68%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-15.68%	—
Current Drawdown Current decline from peak	-33.57%	-23.51%	-10.06%
Average Drawdown Average peak-to-trough decline	-18.46%	-28.16%	+9.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.76%	—

Volatility

Volatility by Period

	GOLD	^DXY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.94%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.91%	—
Volatility (1Y) Calculated over the trailing 1-year period	57.87%	5.70%	+52.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	57.87%	6.97%	+50.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	57.87%	6.49%	+51.38%

Frequently Asked Questions

Can I hold both GOLD and ^DXY in my portfolio?

GOLD and ^DXY have a correlation of -0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.