GOLDX vs. OCMGX
Compare and contrast key facts about Gabelli Gold Fund (GOLDX) and OCM Gold Fund (OCMGX).
GOLDX is managed by Gabelli. It was launched on Jul 10, 1994. OCMGX is managed by OCM. It was launched on Feb 3, 1988.
Performance
GOLDX vs. OCMGX - Performance Comparison
Loading graphics...
GOLDX vs. OCMGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GOLDX Gabelli Gold Fund | 5.89% | 165.59% | 14.92% | 7.85% | -11.02% | -8.97% | 26.30% | 43.94% | -14.80% | 6.22% |
OCMGX OCM Gold Fund | 6.52% | 167.05% | 23.15% | 4.21% | -17.71% | -9.67% | 44.28% | 56.74% | -13.84% | 9.70% |
Returns By Period
In the year-to-date period, GOLDX achieves a 5.89% return, which is significantly lower than OCMGX's 6.52% return. Over the past 10 years, GOLDX has underperformed OCMGX with an annualized return of 17.50%, while OCMGX has yielded a comparatively higher 19.58% annualized return.
GOLDX
- 1D
- 6.90%
- 1M
- -22.40%
- YTD
- 5.89%
- 6M
- 26.14%
- 1Y
- 112.30%
- 3Y*
- 46.83%
- 5Y*
- 25.75%
- 10Y*
- 17.50%
OCMGX
- 1D
- 6.24%
- 1M
- -18.77%
- YTD
- 6.52%
- 6M
- 25.30%
- 1Y
- 106.44%
- 3Y*
- 48.36%
- 5Y*
- 24.55%
- 10Y*
- 19.58%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GOLDX vs. OCMGX - Expense Ratio Comparison
GOLDX has a 1.51% expense ratio, which is lower than OCMGX's 2.32% expense ratio.
Return for Risk
GOLDX vs. OCMGX — Risk / Return Rank
GOLDX
OCMGX
GOLDX vs. OCMGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gabelli Gold Fund (GOLDX) and OCM Gold Fund (OCMGX). 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.
| GOLDX | OCMGX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.66 | 2.74 | -0.08 |
Sortino ratioReturn per unit of downside risk | 2.82 | 2.90 | -0.08 |
Omega ratioGain probability vs. loss probability | 1.42 | 1.43 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 3.56 | 3.97 | -0.42 |
Martin ratioReturn relative to average drawdown | 13.69 | 14.53 | -0.84 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| GOLDX | OCMGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.66 | 2.74 | -0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.81 | 0.73 | +0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.54 | 0.58 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | 0.12 | +0.11 |
Correlation
The correlation between GOLDX and OCMGX is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
GOLDX vs. OCMGX - Dividend Comparison
GOLDX's dividend yield for the trailing twelve months is around 14.70%, more than OCMGX's 6.10% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOLDX Gabelli Gold Fund | 14.70% | 15.57% | 2.11% | 1.13% | 0.00% | 0.00% | 1.69% | 0.83% | 0.34% | 0.51% | 2.18% | 0.00% |
OCMGX OCM Gold Fund | 6.10% | 6.50% | 2.88% | 0.00% | 0.05% | 1.07% | 0.98% | 6.33% | 26.98% | 7.19% | 19.53% | 0.05% |
Drawdowns
GOLDX vs. OCMGX - Drawdown Comparison
The maximum GOLDX drawdown since its inception was -73.40%, smaller than the maximum OCMGX drawdown of -84.47%. Use the drawdown chart below to compare losses from any high point for GOLDX and OCMGX.
Loading graphics...
Drawdown Indicators
| GOLDX | OCMGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.40% | -84.47% | +11.07% |
Max Drawdown (1Y)Largest decline over 1 year | -31.96% | -27.33% | -4.63% |
Max Drawdown (5Y)Largest decline over 5 years | -44.73% | -45.55% | +0.82% |
Max Drawdown (10Y)Largest decline over 10 years | -49.42% | -45.55% | -3.87% |
Current DrawdownCurrent decline from peak | -22.40% | -18.77% | -3.63% |
Average DrawdownAverage peak-to-trough decline | -34.57% | -41.28% | +6.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.30% | 7.48% | +0.82% |
Volatility
GOLDX vs. OCMGX - Volatility Comparison
Gabelli Gold Fund (GOLDX) has a higher volatility of 17.80% compared to OCM Gold Fund (OCMGX) at 15.59%. This indicates that GOLDX's price experiences larger fluctuations and is considered to be riskier than OCMGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| GOLDX | OCMGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.80% | 15.59% | +2.21% |
Volatility (6M)Calculated over the trailing 6-month period | 35.59% | 31.48% | +4.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.77% | 39.36% | +3.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.90% | 33.93% | -2.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.24% | 33.91% | -1.67% |