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.
Key characteristics
| GSG | NVCR | |
|---|---|---|
| YTD Return | 4.64% | 15.27% |
| 1Y Return | -7.16% | 16.13% |
| 3Y Return (Ann) | 5.49% | -47.36% |
| 5Y Return (Ann) | 6.99% | -25.52% |
| Sharpe Ratio | -0.36 | 0.18 |
| Sortino Ratio | -0.40 | 0.85 |
| Omega Ratio | 0.96 | 1.09 |
| Calmar Ratio | -0.08 | 0.14 |
| Martin Ratio | -0.87 | 0.65 |
| Ulcer Index | 6.86% | 19.66% |
| Daily Std Dev | 16.61% | 70.77% |
| Max Drawdown | -89.62% | -95.07% |
| Current Drawdown | -72.19% | -92.37% |
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.
Performance
GSG vs. NVCR - Performance Comparison
In the year-to-date period, GSG achieves a 4.64% return, which is significantly lower than NVCR's 15.27% 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
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 6.05%, while NovoCure Limited (NVCR) has a volatility of 17.93%. 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.