GOLDX vs. BTC-USD

In the year-to-date period, GOLDX achieves a 59.54% return, which is significantly higher than BTC-USD's 13.33% return. Over the past 10 years, GOLDX has underperformed BTC-USD with an annualized return of 12.50%, while BTC-USD has yielded a comparatively higher 85.04% annualized return.

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

This table presents a comparison of risk-adjusted performance metrics for Gabelli Gold Fund (GOLDX) and Bitcoin (BTC-USD). 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.

The current GOLDX Sharpe Ratio is 2.05, which is higher than the BTC-USD Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of GOLDX and BTC-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

The maximum GOLDX drawdown since its inception was -73.40%, smaller than the maximum BTC-USD drawdown of -93.18%. Use the drawdown chart below to compare losses from any high point for GOLDX and BTC-USD.

Gabelli Gold Fund (GOLDX) has a higher volatility of 13.12% compared to Bitcoin (BTC-USD) at 10.10%. This indicates that GOLDX's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.