META vs. CGL.TO
META (Meta Platforms, Inc.) is a stock, while CGL.TO (iShares Gold Bullion ETF (CAD-Hedged)) is Gold fund tracking the Gold Bullion. Over the past 10 years, META returned 17.39%/yr vs 10.05%/yr for CGL.TO. At a 0.02 correlation, their price movements are largely independent.
Performance
META vs. CGL.TO - Performance Comparison
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Different Trading Currencies
META is traded in USD, while CGL.TO is traded in CAD. To make them comparable, the CGL.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, META achieves a -14.03% return, which is significantly lower than CGL.TO's -5.12% return. Over the past 10 years, META has outperformed CGL.TO with an annualized return of 17.39%, while CGL.TO has yielded a comparatively lower 10.05% annualized return.
META
- 1D
- -0.26%
- 1M
- -7.69%
- YTD
- -14.03%
- 6M
- -11.84%
- 1Y
- -16.71%
- 3Y*
- 28.18%
- 5Y*
- 11.52%
- 10Y*
- 17.39%
CGL.TO
- 1D
- 0.07%
- 1M
- -11.35%
- YTD
- -5.12%
- 6M
- -4.61%
- 1Y
- 16.70%
- 3Y*
- 25.29%
- 5Y*
- 12.44%
- 10Y*
- 10.05%
META vs. CGL.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
META Meta Platforms, Inc. | -14.03% | 13.09% | 66.05% | 194.13% | -64.22% | 23.13% | 33.09% | 56.57% | -25.71% | 53.38% |
CGL.TO iShares Gold Bullion ETF (CAD-Hedged) | -5.12% | 67.73% | 15.88% | 13.97% | -6.96% | -4.54% | 26.41% | 21.59% | -10.70% | 19.79% |
Correlation
The correlation between META and CGL.TO is 0.07, 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 | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since May 18, 2012 | 0.02 |
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Return for Risk
META vs. CGL.TO — Risk / Return Rank
META
CGL.TO
META vs. CGL.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Meta Platforms, Inc. (META) and iShares Gold Bullion ETF (CAD-Hedged) (CGL.TO). 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.
| META | CGL.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.18 | ||
| Sortino ratioReturn per unit of downside risk | -1.57 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 1.14 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | -0.54 | 0.70 | -1.24 |
| Martin ratioReturn relative to average drawdown | -1.12 | 2.00 | -3.13 |
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Drawdowns
META vs. CGL.TO - Drawdown Comparison
The maximum META drawdown since its inception was -76.74%, which is greater than CGL.TO's maximum drawdown of -62.05%. Use the drawdown chart below to compare losses from any high point for META and CGL.TO.
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Drawdown Indicators
| META | CGL.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.74% | -62.05% | -14.69% |
Max Drawdown (1Y)Largest decline over 1 year | -33.30% | -27.17% | -6.13% |
Max Drawdown (3Y)Largest decline over 3 years | -34.15% | -27.17% | -6.98% |
Max Drawdown (5Y)Largest decline over 5 years | -76.74% | -27.17% | -49.57% |
Max Drawdown (10Y)Largest decline over 10 years | -76.74% | -27.17% | -49.57% |
Current DrawdownCurrent decline from peak | -28.06% | -24.91% | -3.15% |
Average DrawdownAverage peak-to-trough decline | -15.83% | -32.74% | +16.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.06% | 9.43% | +6.63% |
Volatility
META vs. CGL.TO - Volatility Comparison
Meta Platforms, Inc. (META) has a higher volatility of 10.17% compared to iShares Gold Bullion ETF (CAD-Hedged) (CGL.TO) at 7.69%. This indicates that META's price experiences larger fluctuations and is considered to be riskier than CGL.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| META | CGL.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.17% | 7.69% | +2.48% |
Volatility (6M)Calculated over the trailing 6-month period | 26.91% | 24.50% | +2.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.52% | 28.25% | +7.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.04% | 19.70% | +24.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.67% | 17.92% | +20.75% |
Dividends
META vs. CGL.TO - Dividend Comparison
META's dividend yield for the trailing twelve months is around 0.37%, while CGL.TO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
CGL.TO iShares Gold Bullion ETF (CAD-Hedged) | 0.00% | 0.00% | 0.00% |
META Meta Platforms, Inc. | 0.37% | 0.32% | 0.34% |
Frequently Asked Questions
META and CGL.TO have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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