PortfoliosLab logo
GOLDX vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GOLDX and QQQ is 0.18, 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.


-0.50.00.51.00.2

Performance

GOLDX vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Gabelli Gold Fund (GOLDX) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

400.00%600.00%800.00%1,000.00%1,200.00%OctoberNovemberDecember2025FebruaryMarch
394.73%
1,045.14%
GOLDX
QQQ

Key characteristics

Sharpe Ratio

GOLDX:

2.21

QQQ:

0.80

Sortino Ratio

GOLDX:

2.80

QQQ:

1.15

Omega Ratio

GOLDX:

1.36

QQQ:

1.15

Calmar Ratio

GOLDX:

0.97

QQQ:

1.10

Martin Ratio

GOLDX:

7.69

QQQ:

3.69

Ulcer Index

GOLDX:

7.49%

QQQ:

4.03%

Daily Std Dev

GOLDX:

25.98%

QQQ:

18.59%

Max Drawdown

GOLDX:

-79.86%

QQQ:

-82.98%

Current Drawdown

GOLDX:

-37.33%

QQQ:

-7.87%

Returns By Period

In the year-to-date period, GOLDX achieves a 15.02% return, which is significantly higher than QQQ's -2.77% return. Over the past 10 years, GOLDX has underperformed QQQ with an annualized return of 9.23%, while QQQ has yielded a comparatively higher 17.54% annualized return.


GOLDX

YTD

15.02%

1M

2.07%

6M

6.60%

1Y

49.63%

5Y*

8.21%

10Y*

9.23%

QQQ

YTD

-2.77%

1M

-4.83%

6M

4.68%

1Y

12.21%

5Y*

18.74%

10Y*

17.54%

*Annualized

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. QQQ - Expense Ratio Comparison

GOLDX has a 1.51% expense ratio, which is higher than QQQ's 0.20% expense ratio.


Expense ratio chart for GOLDX: current value at 1.51% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.51%
Expense ratio chart for QQQ: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

GOLDX vs. QQQ — Risk-Adjusted Performance Rank

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

GOLDX
The Risk-Adjusted Performance Rank of GOLDX is 8484
Overall Rank
The Sharpe Ratio Rank of GOLDX is 9090
Sharpe Ratio Rank
The Sortino Ratio Rank of GOLDX is 8787
Sortino Ratio Rank
The Omega Ratio Rank of GOLDX is 8787
Omega Ratio Rank
The Calmar Ratio Rank of GOLDX is 7070
Calmar Ratio Rank
The Martin Ratio Rank of GOLDX is 8585
Martin Ratio Rank

QQQ
The Risk-Adjusted Performance Rank of QQQ is 4242
Overall Rank
The Sharpe Ratio Rank of QQQ is 3838
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQ is 3636
Sortino Ratio Rank
The Omega Ratio Rank of QQQ is 3838
Omega Ratio Rank
The Calmar Ratio Rank of QQQ is 5151
Calmar Ratio Rank
The Martin Ratio Rank of QQQ is 4646
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

GOLDX vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Gabelli Gold Fund (GOLDX) and Invesco QQQ (QQQ). 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 chart of Sharpe ratio for GOLDX, currently valued at 2.21, compared to the broader market-1.000.001.002.003.004.002.210.80
The chart of Sortino ratio for GOLDX, currently valued at 2.80, compared to the broader market0.002.004.006.008.0010.002.801.15
The chart of Omega ratio for GOLDX, currently valued at 1.36, compared to the broader market1.002.003.001.361.15
The chart of Calmar ratio for GOLDX, currently valued at 0.97, compared to the broader market0.005.0010.0015.000.971.10
The chart of Martin ratio for GOLDX, currently valued at 7.69, compared to the broader market0.0020.0040.0060.0080.007.693.69
GOLDX
QQQ

The current GOLDX Sharpe Ratio is 2.21, which is higher than the QQQ Sharpe Ratio of 0.80. The chart below compares the historical Sharpe Ratios of GOLDX and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.50OctoberNovemberDecember2025FebruaryMarch
2.21
0.80
GOLDX
QQQ

Dividends

GOLDX vs. QQQ - Dividend Comparison

GOLDX's dividend yield for the trailing twelve months is around 1.84%, more than QQQ's 0.57% yield.


TTM20242023202220212020201920182017201620152014
GOLDX
Gabelli Gold Fund
1.84%2.11%1.13%0.00%0.00%1.69%0.83%0.34%0.52%2.18%0.00%0.00%
QQQ
Invesco QQQ
0.57%0.56%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%

Drawdowns

GOLDX vs. QQQ - Drawdown Comparison

The maximum GOLDX drawdown since its inception was -79.86%, roughly equal to the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for GOLDX and QQQ. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%OctoberNovemberDecember2025FebruaryMarch
-37.33%
-7.87%
GOLDX
QQQ

Volatility

GOLDX vs. QQQ - Volatility Comparison

Gabelli Gold Fund (GOLDX) has a higher volatility of 6.60% compared to Invesco QQQ (QQQ) at 5.59%. This indicates that GOLDX's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%OctoberNovemberDecember2025FebruaryMarch
6.60%
5.59%
GOLDX
QQQ