GSG vs. NVCR
Compare and contrast key facts about iShares S&P GSCI Commodity-Indexed Trust (GSG) and NovoCure Limited (NVCR).
GSG is a passively managed fund by iShares that tracks the performance of the S&P GSCI Total Return Index. It was launched on Jul 21, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GSG or NVCR.
Performance
GSG vs. NVCR - Performance Comparison
Returns By Period
In the year-to-date period, GSG achieves a 4.94% return, which is significantly lower than NVCR's 6.80% return.
GSG
4.94%
0.29%
-6.15%
1.20%
6.99%
-2.25%
NVCR
6.80%
-7.35%
-33.70%
28.90%
-29.40%
N/A
Key characteristics
| GSG | NVCR | |
|---|---|---|
| Sharpe Ratio | 0.19 | 0.50 |
| Sortino Ratio | 0.38 | 1.27 |
| Omega Ratio | 1.04 | 1.14 |
| Calmar Ratio | 0.04 | 0.37 |
| Martin Ratio | 0.59 | 1.68 |
| Ulcer Index | 5.24% | 20.65% |
| Daily Std Dev | 16.22% | 70.27% |
| Max Drawdown | -89.62% | -95.07% |
| Current Drawdown | -72.11% | -92.93% |
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Correlation
The correlation between GSG and NVCR is 0.11, 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.
Risk-Adjusted Performance
GSG vs. NVCR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P GSCI Commodity-Indexed Trust (GSG) and NovoCure Limited (NVCR). 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
GSG vs. NVCR - Dividend Comparison
Neither GSG nor NVCR has paid dividends to shareholders.
Drawdowns
GSG vs. NVCR - Drawdown Comparison
The maximum GSG drawdown since its inception was -89.62%, smaller than the maximum NVCR drawdown of -95.07%. Use the drawdown chart below to compare losses from any high point for GSG and NVCR. For additional features, visit the drawdowns tool.
Volatility
GSG vs. NVCR - Volatility Comparison
The current volatility for iShares S&P GSCI Commodity-Indexed Trust (GSG) is 5.45%, while NovoCure Limited (NVCR) has a volatility of 20.07%. This indicates that GSG experiences smaller price fluctuations and is considered to be less risky than NVCR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.