INRUSD=X vs. XAUUSD=X
INRUSD=X (INR/USD) and XAUUSD=X (Gold Spot Price US Dollar) are both currencies. Over the past 10 years, INRUSD=X returned -3.48%/yr vs 11.80%/yr for XAUUSD=X. At a 0.19 correlation, their price movements are largely independent.
Performance
INRUSD=X vs. XAUUSD=X - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with INRUSD=X having a -5.74% return and XAUUSD=X slightly lower at -5.84%. Over the past 10 years, INRUSD=X has underperformed XAUUSD=X with an annualized return of -3.48%, while XAUUSD=X has yielded a comparatively higher 11.80% annualized return.
INRUSD=X
- 1D
- 0.00%
- 1M
- -0.21%
- 6M
- -5.48%
- YTD
- -5.74%
- 1Y
- -9.89%
- 3Y*
- -4.89%
- 5Y*
- -4.79%
- 10Y*
- -3.48%
XAUUSD=X
- 1D
- -1.22%
- 1M
- -3.51%
- 6M
- -10.93%
- YTD
- -5.84%
- 1Y
- 21.30%
- 3Y*
- 27.57%
- 5Y*
- 17.63%
- 10Y*
- 11.80%
INRUSD=X vs. XAUUSD=X - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
INRUSD=X INR/USD | -5.74% | -4.77% | -2.75% | -0.51% | -10.00% | -1.98% | -2.17% | -2.51% | -8.37% | 6.46% |
XAUUSD=X Gold Spot Price US Dollar | -5.84% | 64.75% | 27.24% | 13.14% | -0.25% | -3.50% | 24.55% | 18.77% | -1.71% | 13.14% |
Correlation
The correlation between INRUSD=X and XAUUSD=X is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Aug 17, 2007 | 0.19 |
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Return for Risk
INRUSD=X vs. XAUUSD=X — Risk / Return Rank
INRUSD=X
XAUUSD=X
INRUSD=X vs. XAUUSD=X - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for INR/USD (INRUSD=X) and Gold Spot Price US Dollar (XAUUSD=X). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| INRUSD=X | XAUUSD=X | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.58 | ||
| Sortino ratioReturn per unit of downside risk | -3.61 | ||
| Omega ratioGain probability vs. loss probability | 0.74 | 1.15 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | -1.03 | 0.64 | -1.68 |
| Martin ratioReturn relative to average drawdown | -1.83 | 1.56 | -3.39 |
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Drawdowns
INRUSD=X vs. XAUUSD=X - Drawdown Comparison
The maximum INRUSD=X drawdown since its inception was -59.46%, which is greater than XAUUSD=X's maximum drawdown of -44.69%. Use the drawdown chart below to compare losses from any high point for INRUSD=X and XAUUSD=X.
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Drawdown Indicators
| INRUSD=X | XAUUSD=X | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.46% | -44.69% | -14.77% |
Max Drawdown (1Y)Largest decline over 1 year | -11.05% | -26.19% | +15.14% |
Max Drawdown (3Y)Largest decline over 3 years | -15.26% | -26.19% | +10.93% |
Max Drawdown (5Y)Largest decline over 5 years | -24.40% | -26.19% | +1.79% |
Max Drawdown (10Y)Largest decline over 10 years | -34.39% | -26.19% | -8.20% |
Current DrawdownCurrent decline from peak | -58.94% | -24.88% | -34.06% |
Average DrawdownAverage peak-to-trough decline | -37.17% | -16.55% | -20.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.08% | 12.00% | -6.92% |
Volatility
INRUSD=X vs. XAUUSD=X - Volatility Comparison
The current volatility for INR/USD (INRUSD=X) is 1.55%, while Gold Spot Price US Dollar (XAUUSD=X) has a volatility of 5.69%. This indicates that INRUSD=X experiences smaller price fluctuations and is considered to be less risky than XAUUSD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| INRUSD=X | XAUUSD=X | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.55% | 5.69% | -4.14% |
Volatility (6M)Calculated over the trailing 6-month period | 4.88% | 17.26% | -12.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.06% | 23.93% | -18.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.31% | 16.87% | -12.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.04% | 15.20% | -10.16% |
Frequently Asked Questions
INRUSD=X and XAUUSD=X have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XAUUSD=X has higher volatility (5.69%) compared to INRUSD=X (1.55%). In terms of maximum drawdown, INRUSD=X dropped -59.46% vs XAUUSD=X's -44.69%.
XAUUSD=X currently has the higher Sharpe Ratio (0.71 vs -1.87), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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