HG=F vs. GC=F
Compare and contrast key facts about Copper (HG=F) and Gold (GC=F).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HG=F or GC=F.
Correlation
The correlation between HG=F and GC=F is 0.09, 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
HG=F vs. GC=F - Performance Comparison
Key characteristics
HG=F:
0.30
GC=F:
2.06
HG=F:
0.57
GC=F:
2.59
HG=F:
1.07
GC=F:
1.37
HG=F:
0.26
GC=F:
3.78
HG=F:
0.51
GC=F:
10.45
HG=F:
13.16%
GC=F:
2.89%
HG=F:
21.73%
GC=F:
14.53%
HG=F:
-62.54%
GC=F:
-44.36%
HG=F:
-21.06%
GC=F:
-5.73%
Returns By Period
In the year-to-date period, HG=F achieves a 4.14% return, which is significantly lower than GC=F's 27.46% return. Over the past 10 years, HG=F has underperformed GC=F with an annualized return of 3.47%, while GC=F has yielded a comparatively higher 7.37% annualized return.
HG=F
4.14%
-2.47%
-10.08%
3.39%
7.43%
3.47%
GC=F
27.46%
-0.74%
13.48%
28.91%
10.83%
7.37%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
HG=F vs. GC=F - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Copper (HG=F) and Gold (GC=F). 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.
Drawdowns
HG=F vs. GC=F - Drawdown Comparison
The maximum HG=F drawdown since its inception was -62.54%, which is greater than GC=F's maximum drawdown of -44.36%. Use the drawdown chart below to compare losses from any high point for HG=F and GC=F. For additional features, visit the drawdowns tool.
Volatility
HG=F vs. GC=F - Volatility Comparison
The current volatility for Copper (HG=F) is 4.19%, while Gold (GC=F) has a volatility of 5.48%. This indicates that HG=F experiences smaller price fluctuations and is considered to be less risky than GC=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.