MTA vs. AUD=X
Compare and contrast key facts about Metalla Royalty & Streaming Ltd. (MTA) and USD/AUD (AUD=X).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MTA or AUD=X.
Key characteristics
| MTA | AUD=X | |
|---|---|---|
| YTD Return | -5.84% | 3.54% |
| 1Y Return | -42.63% | 3.11% |
| 3Y Return (Ann) | -32.93% | 5.47% |
| 5Y Return (Ann) | -2.58% | 1.13% |
| 10Y Return (Ann) | 12.54% | 3.40% |
| Sharpe Ratio | -0.85 | 0.47 |
| Daily Std Dev | 51.39% | 8.65% |
| Max Drawdown | -99.85% | -56.54% |
| Current Drawdown | -81.37% | -27.14% |
Correlation
The correlation between MTA and AUD=X is 0.00, 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
MTA vs. AUD=X - Performance Comparison
In the year-to-date period, MTA achieves a -5.84% return, which is significantly lower than AUD=X's 3.54% return. Over the past 10 years, MTA has outperformed AUD=X with an annualized return of 12.54%, while AUD=X has yielded a comparatively lower 3.40% annualized return. 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
MTA vs. AUD=X - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Metalla Royalty & Streaming Ltd. (MTA) and USD/AUD (AUD=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.
Drawdowns
MTA vs. AUD=X - Drawdown Comparison
The maximum MTA drawdown since its inception was -99.85%, which is greater than AUD=X's maximum drawdown of -56.54%. Use the drawdown chart below to compare losses from any high point for MTA and AUD=X. For additional features, visit the drawdowns tool.
Volatility
MTA vs. AUD=X - Volatility Comparison
Metalla Royalty & Streaming Ltd. (MTA) has a higher volatility of 10.92% compared to USD/AUD (AUD=X) at 0.27%. This indicates that MTA's price experiences larger fluctuations and is considered to be riskier than AUD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.