PortfoliosLab logo
HMY vs. GLDM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between HMY and GLDM is 0.06, 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

HMY vs. GLDM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harmony Gold Mining Company Limited (HMY) and SPDR Gold MiniShares Trust (GLDM). The values are adjusted to include any dividend payments, if applicable.

Loading data...

Key characteristics

Sharpe Ratio

HMY:

0.96

GLDM:

2.00

Sortino Ratio

HMY:

1.66

GLDM:

2.87

Omega Ratio

HMY:

1.21

GLDM:

1.37

Calmar Ratio

HMY:

1.19

GLDM:

4.71

Martin Ratio

HMY:

3.85

GLDM:

12.28

Ulcer Index

HMY:

15.56%

GLDM:

3.10%

Daily Std Dev

HMY:

59.07%

GLDM:

17.82%

Max Drawdown

HMY:

-97.05%

GLDM:

-21.63%

Current Drawdown

HMY:

-19.51%

GLDM:

-5.63%

Returns By Period

In the year-to-date period, HMY achieves a 77.68% return, which is significantly higher than GLDM's 23.10% return.


HMY

YTD

77.68%

1M

-16.54%

6M

65.58%

1Y

56.16%

5Y*

32.12%

10Y*

25.73%

GLDM

YTD

23.10%

1M

0.00%

6M

25.86%

1Y

35.25%

5Y*

13.01%

10Y*

N/A

*Annualized

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

HMY vs. GLDM — Risk-Adjusted Performance Rank

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

HMY
The Risk-Adjusted Performance Rank of HMY is 8282
Overall Rank
The Sharpe Ratio Rank of HMY is 8383
Sharpe Ratio Rank
The Sortino Ratio Rank of HMY is 8080
Sortino Ratio Rank
The Omega Ratio Rank of HMY is 7878
Omega Ratio Rank
The Calmar Ratio Rank of HMY is 8686
Calmar Ratio Rank
The Martin Ratio Rank of HMY is 8383
Martin Ratio Rank

GLDM
The Risk-Adjusted Performance Rank of GLDM is 9696
Overall Rank
The Sharpe Ratio Rank of GLDM is 9595
Sharpe Ratio Rank
The Sortino Ratio Rank of GLDM is 9595
Sortino Ratio Rank
The Omega Ratio Rank of GLDM is 9494
Omega Ratio Rank
The Calmar Ratio Rank of GLDM is 9898
Calmar Ratio Rank
The Martin Ratio Rank of GLDM is 9696
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

HMY vs. GLDM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Harmony Gold Mining Company Limited (HMY) and SPDR Gold MiniShares Trust (GLDM). 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.


The current HMY Sharpe Ratio is 0.96, which is lower than the GLDM Sharpe Ratio of 2.00. The chart below compares the historical Sharpe Ratios of HMY and GLDM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Loading data...

Dividends

HMY vs. GLDM - Dividend Comparison

HMY's dividend yield for the trailing twelve months is around 1.19%, while GLDM has not paid dividends to shareholders.


TTM202420232022202120202019201820172016
HMY
Harmony Gold Mining Company Limited
1.19%1.58%0.65%1.15%2.24%0.00%0.00%0.00%3.48%1.67%
GLDM
SPDR Gold MiniShares Trust
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

HMY vs. GLDM - Drawdown Comparison

The maximum HMY drawdown since its inception was -97.05%, which is greater than GLDM's maximum drawdown of -21.63%. Use the drawdown chart below to compare losses from any high point for HMY and GLDM. For additional features, visit the drawdowns tool.


Loading data...

Volatility

HMY vs. GLDM - Volatility Comparison

Harmony Gold Mining Company Limited (HMY) has a higher volatility of 19.40% compared to SPDR Gold MiniShares Trust (GLDM) at 8.99%. This indicates that HMY's price experiences larger fluctuations and is considered to be riskier than GLDM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


Loading data...