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.
Correlation
The correlation between GSG and NVCR is 0.29, 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
GSG vs. NVCR - Performance Comparison
Key characteristics
GSG:
-0.23
NVCR:
0.69
GSG:
-0.21
NVCR:
1.76
GSG:
0.98
NVCR:
1.20
GSG:
-0.06
NVCR:
0.60
GSG:
-0.71
NVCR:
2.01
GSG:
5.75%
NVCR:
28.24%
GSG:
17.54%
NVCR:
82.30%
GSG:
-89.62%
NVCR:
-95.07%
GSG:
-71.41%
NVCR:
-91.78%
Returns By Period
In the year-to-date period, GSG achieves a -0.87% return, which is significantly higher than NVCR's -37.75% return.
GSG
-0.87%
-3.92%
1.12%
-4.22%
21.27%
0.35%
NVCR
-37.75%
-1.17%
13.32%
50.32%
-24.07%
N/A
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Risk-Adjusted Performance
GSG vs. NVCR — Risk-Adjusted Performance Rank
GSG
NVCR
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 9.26%, while NovoCure Limited (NVCR) has a volatility of 20.65%. 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.