HINDPETRO.NS vs. GC=F

Last updated Jun 5, 2026

HINDPETRO.NS (Hindustan Petroleum Corporation Limited) is a stock, while GC=F (Gold Futures) is an asset. Over the past 10 years, HINDPETRO.NS returned 19.71%/yr vs 17.85%/yr for GC=F. At a correlation of -0.04, they often move in opposite directions.

Performance

HINDPETRO.NS vs. GC=F - Performance Comparison

The chart below illustrates the hypothetical performance of a ₹10,000 investment in Hindustan Petroleum Corporation Limited (HINDPETRO.NS) and Gold Futures (GC=F). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

HINDPETRO.NS is traded in INR, while GC=F is traded in USD. To make them comparable, the GC=F values have been converted to INR using the latest available exchange rates.

Returns By Period

In the year-to-date period, HINDPETRO.NS achieves a -22.45% return, which is significantly lower than GC=F's 10.97% return. Over the past 10 years, HINDPETRO.NS has outperformed GC=F with an annualized return of 19.71%, while GC=F has yielded a comparatively lower 17.85% annualized return.

HINDPETRO.NS

• 1D: 0.76%
• 1M: 3.50%
• YTD: -22.45%
• 6M: -13.61%
• 1Y: -1.31%
• 3Y*: 36.10%
• 5Y*: 21.48%
• 10Y*: 19.71%

GC=F

• 1D: 1.57%
• 1M: -2.64%
• YTD: 10.97%
• 6M: 13.86%
• 1Y: 49.99%
• 3Y*: 38.73%
• 5Y*: 25.60%
• 10Y*: 17.85%

*Multi-year figures are annualized to reflect compound growth (CAGR)

HINDPETRO.NS vs. GC=F - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HINDPETRO.NS Hindustan Petroleum Corporation Limited	-22.45%	26.60%	65.11%	69.63%	-12.60%	50.98%	-11.81%	14.04%	-35.06%	62.32%
GC=F Gold Futures	10.97%	72.40%	31.34%	14.12%	10.28%	-1.54%	27.72%	21.88%	6.72%	6.54%

Correlation

The correlation between HINDPETRO.NS and GC=F is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.02
Correlation (5Y) Calculated over the trailing 5-year period	0.01
Correlation (10Y) Calculated over the trailing 10-year period	-0.02
Correlation (All Time) Calculated using the full available price history since Jul 4, 2007	-0.04

Return for Risk

HINDPETRO.NS vs. GC=F — Risk / Return Rank

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

HINDPETRO.NS

HINDPETRO.NS Risk / Return Rank: 38
HINDPETRO.NS Sharpe Ratio Rank: 40
HINDPETRO.NS Sortino Ratio Rank: 35
HINDPETRO.NS Omega Ratio Rank: 35
HINDPETRO.NS Calmar Ratio Rank: 40
HINDPETRO.NS Martin Ratio Rank: 39

GC=F

GC=F Risk / Return Rank: 54
GC=F Sharpe Ratio Rank: 53
GC=F Sortino Ratio Rank: 52
GC=F Omega Ratio Rank: 54
GC=F Calmar Ratio Rank: 45
GC=F Martin Ratio Rank: 64

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HINDPETRO.NS vs. GC=F - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hindustan Petroleum Corporation Limited (HINDPETRO.NS) and Gold Futures (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.

	HINDPETRO.NS	GC=F	Difference
Sharpe ratio: Return per unit of total volatility	-0.04	1.78	-1.82
Sortino ratio: Return per unit of downside risk	0.20	2.17	-1.97
Omega ratio: Gain probability vs. loss probability	1.02	1.35	-0.32
Calmar ratio: Return relative to maximum drawdown	-0.04	2.98	-3.01
Martin ratio: Return relative to average drawdown	-0.09	7.85	-7.94
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HINDPETRO.NS vs. GC=F - Sharpe Ratio Comparison

The current HINDPETRO.NS Sharpe Ratio is -0.04, which is lower than the GC=F Sharpe Ratio of 1.78. The chart below compares the historical Sharpe Ratios of HINDPETRO.NS and GC=F, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HINDPETRO.NS	GC=F	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.04	1.78	-1.82
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.61	1.41	-0.80
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.52	1.07	-0.56
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	0.85	-0.21

Drawdowns

HINDPETRO.NS vs. GC=F - Drawdown Comparison

The maximum HINDPETRO.NS drawdown since its inception was -73.97%, which is greater than GC=F's maximum drawdown of -29.27%. Use the drawdown chart below to compare losses from any high point for HINDPETRO.NS and GC=F.

Drawdown Indicators

	HINDPETRO.NS	GC=F	Difference
Max Drawdown Largest peak-to-trough decline	-73.97%	-29.27%	-44.70%
Max Drawdown (1Y) Largest decline over 1 year	-36.05%	-15.91%	-20.14%
Max Drawdown (3Y) Largest decline over 3 years	-36.05%	-15.91%	-20.14%
Max Drawdown (5Y) Largest decline over 5 years	-40.40%	-15.92%	-24.48%
Max Drawdown (10Y) Largest decline over 10 years	-63.71%	-19.49%	-44.22%
Current Drawdown Current decline from peak	-22.45%	-11.63%	-10.82%
Average Drawdown Average peak-to-trough decline	-21.89%	-8.88%	-13.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.55%	6.09%	+8.46%

Volatility

HINDPETRO.NS vs. GC=F - Volatility Comparison

Hindustan Petroleum Corporation Limited (HINDPETRO.NS) has a higher volatility of 11.03% compared to Gold Futures (GC=F) at 4.53%. This indicates that HINDPETRO.NS's price experiences larger fluctuations and is considered to be riskier than GC=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HINDPETRO.NS	GC=F	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.03%	4.53%	+6.50%
Volatility (6M) Calculated over the trailing 6-month period	28.72%	22.95%	+5.77%
Volatility (1Y) Calculated over the trailing 1-year period	33.89%	26.54%	+7.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.62%	18.00%	+17.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.01%	16.59%	+22.42%

Frequently Asked Questions

Can I hold both HINDPETRO.NS and GC=F in my portfolio?

HINDPETRO.NS and GC=F have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.