MCFTR vs. GLD
Compare and contrast key facts about MOEX Total Return (MCFTR) and SPDR Gold Trust (GLD).
GLD is a passively managed fund by State Street that tracks the performance of the Gold Bullion. It was launched on Nov 18, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MCFTR or GLD.
Key characteristics
| MCFTR | GLD |
|---|
Correlation
The correlation between MCFTR and GLD is 0.08, 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
MCFTR vs. GLD - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
MCFTR vs. GLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MOEX Total Return (MCFTR) and SPDR Gold Trust (GLD). 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
MCFTR vs. GLD - Drawdown Comparison
Volatility
MCFTR vs. GLD - Volatility Comparison
The current volatility for MOEX Total Return (MCFTR) is 0.00%, while SPDR Gold Trust (GLD) has a volatility of 4.89%. This indicates that MCFTR experiences smaller price fluctuations and is considered to be less risky than GLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.