GOLDX vs. NVDA
Compare and contrast key facts about Gabelli Gold Fund (GOLDX) and NVIDIA Corporation (NVDA).
GOLDX is managed by Gabelli. It was launched on Jul 10, 1994.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GOLDX or NVDA.
Key characteristics
| GOLDX | NVDA | |
|---|---|---|
| YTD Return | 31.89% | 150.53% |
| 1Y Return | 55.39% | 192.17% |
| 3Y Return (Ann) | 11.65% | 79.29% |
| 5Y Return (Ann) | 10.09% | 96.45% |
| 10Y Return (Ann) | 8.04% | 75.89% |
| Sharpe Ratio | 1.91 | 3.79 |
| Daily Std Dev | 26.70% | 51.78% |
| Max Drawdown | -73.86% | -89.73% |
| Current Drawdown | -18.22% | -8.50% |
Correlation
The correlation between GOLDX and NVDA is 0.14, 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
GOLDX vs. NVDA - Performance Comparison
In the year-to-date period, GOLDX achieves a 31.89% return, which is significantly lower than NVDA's 150.53% return. Over the past 10 years, GOLDX has underperformed NVDA with an annualized return of 8.04%, while NVDA has yielded a comparatively higher 75.89% annualized 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
GOLDX vs. NVDA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Gabelli Gold Fund (GOLDX) and NVIDIA Corporation (NVDA). 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
GOLDX vs. NVDA - Dividend Comparison
GOLDX's dividend yield for the trailing twelve months is around 0.85%, more than NVDA's 0.02% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOLDX Gabelli Gold Fund | 0.85% | 1.12% | 0.00% | 0.00% | 1.69% | 0.83% | 0.34% | 0.52% | 2.18% | 0.00% | 0.00% | 0.00% |
NVDA NVIDIA Corporation | 0.02% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.30% | 0.46% | 1.19% | 1.68% | 1.95% |
Drawdowns
GOLDX vs. NVDA - Drawdown Comparison
The maximum GOLDX drawdown since its inception was -73.86%, smaller than the maximum NVDA drawdown of -89.73%. Use the drawdown chart below to compare losses from any high point for GOLDX and NVDA. For additional features, visit the drawdowns tool.
Volatility
GOLDX vs. NVDA - Volatility Comparison
The current volatility for Gabelli Gold Fund (GOLDX) is 8.00%, while NVIDIA Corporation (NVDA) has a volatility of 17.65%. This indicates that GOLDX experiences smaller price fluctuations and is considered to be less risky than NVDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.