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IGC vs. AAAU
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IGC and AAAU is 0.07, 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.


-0.50.00.51.00.1

Performance

IGC vs. AAAU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in India Globalization Capital, Inc. (IGC) and Goldman Sachs Physical Gold ETF (AAAU). The values are adjusted to include any dividend payments, if applicable.

-20.00%-10.00%0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
-8.59%
9.94%
IGC
AAAU

Key characteristics

Sharpe Ratio

IGC:

0.21

AAAU:

1.83

Sortino Ratio

IGC:

1.05

AAAU:

2.43

Omega Ratio

IGC:

1.13

AAAU:

1.32

Calmar Ratio

IGC:

0.19

AAAU:

3.33

Martin Ratio

IGC:

0.55

AAAU:

9.62

Ulcer Index

IGC:

33.93%

AAAU:

2.81%

Daily Std Dev

IGC:

87.48%

AAAU:

14.84%

Max Drawdown

IGC:

-99.76%

AAAU:

-21.63%

Current Drawdown

IGC:

-99.38%

AAAU:

-6.89%

Returns By Period

In the year-to-date period, IGC achieves a 31.43% return, which is significantly higher than AAAU's 25.65% return.


IGC

YTD

31.43%

1M

7.26%

6M

-8.59%

1Y

22.67%

5Y*

-10.78%

10Y*

-6.63%

AAAU

YTD

25.65%

1M

-1.42%

6M

9.94%

1Y

27.71%

5Y*

11.76%

10Y*

N/A

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Risk-Adjusted Performance

IGC vs. AAAU - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for India Globalization Capital, Inc. (IGC) and Goldman Sachs Physical Gold ETF (AAAU). 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.


Sharpe ratio
The chart of Sharpe ratio for IGC, currently valued at 0.21, compared to the broader market-4.00-2.000.002.000.211.83
The chart of Sortino ratio for IGC, currently valued at 1.05, compared to the broader market-4.00-2.000.002.004.001.052.43
The chart of Omega ratio for IGC, currently valued at 1.13, compared to the broader market0.501.001.502.001.131.32
The chart of Calmar ratio for IGC, currently valued at 0.19, compared to the broader market0.002.004.006.000.193.33
The chart of Martin ratio for IGC, currently valued at 0.55, compared to the broader market0.0010.0020.000.559.62
IGC
AAAU

The current IGC Sharpe Ratio is 0.21, which is lower than the AAAU Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of IGC and AAAU, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
0.21
1.83
IGC
AAAU

Dividends

IGC vs. AAAU - Dividend Comparison

Neither IGC nor AAAU has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

IGC vs. AAAU - Drawdown Comparison

The maximum IGC drawdown since its inception was -99.76%, which is greater than AAAU's maximum drawdown of -21.63%. Use the drawdown chart below to compare losses from any high point for IGC and AAAU. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-97.17%
-6.89%
IGC
AAAU

Volatility

IGC vs. AAAU - Volatility Comparison

India Globalization Capital, Inc. (IGC) has a higher volatility of 17.98% compared to Goldman Sachs Physical Gold ETF (AAAU) at 5.08%. This indicates that IGC's price experiences larger fluctuations and is considered to be riskier than AAAU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
17.98%
5.08%
IGC
AAAU
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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