GOLD vs. TLT
Compare and contrast key facts about Barrick Gold Corporation (GOLD) and iShares 20+ Year Treasury Bond ETF (TLT).
TLT is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. 20+ Year Treasury Bond Index. It was launched on Jul 26, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GOLD or TLT.
Correlation
The correlation between GOLD and TLT is 0.09, 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
GOLD vs. TLT - Performance Comparison
Key characteristics
GOLD:
-0.34
TLT:
-0.54
GOLD:
-0.26
TLT:
-0.66
GOLD:
0.97
TLT:
0.93
GOLD:
-0.17
TLT:
-0.17
GOLD:
-0.99
TLT:
-1.13
GOLD:
11.54%
TLT:
6.75%
GOLD:
33.59%
TLT:
14.28%
GOLD:
-88.52%
TLT:
-48.35%
GOLD:
-64.73%
TLT:
-42.06%
Returns By Period
In the year-to-date period, GOLD achieves a -13.01% return, which is significantly lower than TLT's -7.02% return. Over the past 10 years, GOLD has outperformed TLT with an annualized return of 6.15%, while TLT has yielded a comparatively lower -0.87% annualized return.
GOLD
-13.01%
-13.58%
-6.18%
-12.43%
0.14%
6.15%
TLT
-7.02%
-1.53%
-3.76%
-6.64%
-5.98%
-0.87%
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Risk-Adjusted Performance
GOLD vs. TLT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Barrick Gold Corporation (GOLD) and iShares 20+ Year Treasury Bond ETF (TLT). 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
GOLD vs. TLT - Dividend Comparison
GOLD's dividend yield for the trailing twelve months is around 1.94%, less than TLT's 4.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOLD Barrick Gold Corporation | 1.94% | 2.21% | 3.78% | 4.11% | 1.36% | 0.70% | 1.40% | 0.83% | 0.50% | 1.89% | 1.86% | 2.83% |
TLT iShares 20+ Year Treasury Bond ETF | 4.25% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% | 2.67% | 3.26% |
Drawdowns
GOLD vs. TLT - Drawdown Comparison
The maximum GOLD drawdown since its inception was -88.52%, which is greater than TLT's maximum drawdown of -48.35%. Use the drawdown chart below to compare losses from any high point for GOLD and TLT. For additional features, visit the drawdowns tool.
Volatility
GOLD vs. TLT - Volatility Comparison
Barrick Gold Corporation (GOLD) has a higher volatility of 8.93% compared to iShares 20+ Year Treasury Bond ETF (TLT) at 4.47%. This indicates that GOLD's price experiences larger fluctuations and is considered to be riskier than TLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.