GOLD vs. NASDX

Last updated Jun 9, 2026

GOLD (Barrick Mining Corporation) is a stock, while NASDX (Shelton Capital Management Nasdaq-100 Index Fund Direct Shares) is Large Cap Growth Equities fund tracking the NASDAQ-100 Index. At a 0.41 correlation, their price movements are largely independent.

Performance

GOLD vs. NASDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Barrick Mining Corporation (GOLD) and Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GOLD achieves a 19.84% return, which is significantly higher than NASDX's 14.68% return.

GOLD

• 1D: 2.12%
• 1M: -10.41%
• YTD: 19.84%
• 6M: 34.53%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NASDX

• 1D: -4.76%
• 1M: -0.88%
• YTD: 14.68%
• 6M: 13.19%
• 1Y: 33.57%
• 3Y*: 30.14%
• 5Y*: 18.65%
• 10Y*: 21.88%

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

GOLD vs. NASDX - Yearly Performance Comparison

	2026 (YTD)	2025
GOLD Barrick Mining Corporation	19.84%	13.01%
NASDX Shelton Capital Management Nasdaq-100 Index Fund Direct Shares	14.68%	-0.18%

Correlation

The correlation between GOLD and NASDX is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 2, 2025	0.41

Return for Risk

GOLD vs. NASDX — Risk / Return Rank

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

NASDX

NASDX Risk / Return Rank: 54
NASDX Sharpe Ratio Rank: 54
NASDX Sortino Ratio Rank: 44
NASDX Omega Ratio Rank: 49
NASDX Calmar Ratio Rank: 64
NASDX Martin Ratio Rank: 59

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. NASDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Barrick Mining Corporation (GOLD) and Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX). 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.

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

Sharpe Ratios by Period

	GOLD	NASDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.09	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.81	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.97	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.47	0.32	+1.15

Drawdowns

GOLD vs. NASDX - Drawdown Comparison

The maximum GOLD drawdown since its inception was -40.58%, smaller than the maximum NASDX drawdown of -83.16%. Use the drawdown chart below to compare losses from any high point for GOLD and NASDX.

Drawdown Indicators

	GOLD	NASDX	Difference
Max Drawdown Largest peak-to-trough decline	-40.58%	-83.16%	+42.58%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.90%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.71%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.33%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.33%	—
Current Drawdown Current decline from peak	-36.38%	-5.52%	-30.86%
Average Drawdown Average peak-to-trough decline	-17.71%	-34.36%	+16.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.08%	—

Volatility

Volatility by Period

	GOLD	NASDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.67%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.18%	—
Volatility (1Y) Calculated over the trailing 1-year period	58.70%	16.82%	+41.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	58.70%	23.13%	+35.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	58.70%	22.72%	+35.98%

Dividends

GOLD vs. NASDX - Dividend Comparison

GOLD's dividend yield for the trailing twelve months is around 0.99%, less than NASDX's 3.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GOLD Barrick Mining Corporation	0.99%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NASDX Shelton Capital Management Nasdaq-100 Index Fund Direct Shares	3.16%	3.76%	16.95%	7.61%	3.75%	2.59%	1.28%	7.09%	2.47%	1.65%	0.75%	0.85%

Frequently Asked Questions

Can I hold both GOLD and NASDX in my portfolio?

GOLD and NASDX have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.