NTNX vs. GLD
NTNX (Nutanix, Inc.) is a stock, while GLD (SPDR Gold Shares) is Gold fund tracking the LBMA Gold Price PM. Over the past 5 years, NTNX returned 5.59%/yr vs 18.31%/yr for GLD. At a 0.02 correlation, their price movements are largely independent.
Performance
NTNX vs. GLD - Performance Comparison
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Returns By Period
In the year-to-date period, NTNX achieves a -4.43% return, which is significantly lower than GLD's 0.06% return.
NTNX
- 1D
- 0.18%
- 1M
- 6.60%
- YTD
- -4.43%
- 6M
- 3.43%
- 1Y
- -31.51%
- 3Y*
- 19.17%
- 5Y*
- 5.59%
- 10Y*
- —
GLD
- 1D
- 2.59%
- 1M
- -4.97%
- YTD
- 0.06%
- 6M
- 0.19%
- 1Y
- 25.38%
- 3Y*
- 29.73%
- 5Y*
- 18.31%
- 10Y*
- 12.33%
NTNX vs. GLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NTNX Nutanix, Inc. | -4.43% | -15.51% | 28.29% | 83.07% | -18.24% | -0.03% | 1.95% | -24.84% | 17.89% | 32.83% |
GLD SPDR Gold Shares | 0.06% | 63.68% | 26.66% | 12.69% | -0.77% | -4.15% | 24.81% | 17.86% | -1.94% | 12.81% |
Correlation
The correlation between NTNX and GLD is -0.08, 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 | -0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2016 | 0.02 |
The correlation between NTNX and GLD shifts across timeframes, from -0.08 (1 year) to 0.03 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
NTNX vs. GLD — Risk / Return Rank
NTNX
GLD
NTNX vs. GLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nutanix, Inc. (NTNX) and SPDR Gold Shares (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.
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.
| NTNX | GLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.62 | ||
| Sortino ratioReturn per unit of downside risk | -2.07 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.19 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | -0.55 | 1.04 | -1.59 |
| Martin ratioReturn relative to average drawdown | -0.91 | 2.97 | -3.88 |
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Drawdowns
NTNX vs. GLD - Drawdown Comparison
The maximum NTNX drawdown since its inception was -80.40%, which is greater than GLD's maximum drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for NTNX and GLD.
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Drawdown Indicators
| NTNX | GLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.40% | -45.56% | -34.84% |
Max Drawdown (1Y)Largest decline over 1 year | -57.58% | -24.46% | -33.12% |
Max Drawdown (3Y)Largest decline over 3 years | -58.58% | -24.46% | -34.12% |
Max Drawdown (5Y)Largest decline over 5 years | -68.71% | -24.46% | -44.25% |
Max Drawdown (10Y)Largest decline over 10 years | — | -24.46% | — |
Current DrawdownCurrent decline from peak | -40.53% | -20.03% | -20.50% |
Average DrawdownAverage peak-to-trough decline | -40.57% | -16.16% | -24.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.61% | 8.59% | +26.02% |
Volatility
NTNX vs. GLD - Volatility Comparison
Nutanix, Inc. (NTNX) has a higher volatility of 16.57% compared to SPDR Gold Shares (GLD) at 8.37%. This indicates that NTNX's price experiences larger fluctuations and is considered to be riskier than GLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NTNX | GLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.57% | 8.37% | +8.20% |
Volatility (6M)Calculated over the trailing 6-month period | 35.90% | 24.21% | +11.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.19% | 27.49% | +18.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.64% | 18.26% | +31.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 58.50% | 16.10% | +42.40% |
Dividends
NTNX vs. GLD - Dividend Comparison
Neither NTNX nor GLD has paid dividends to shareholders.
Frequently Asked Questions
NTNX and GLD have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NTNX has higher volatility (16.57%) compared to GLD (8.37%). In terms of maximum drawdown, NTNX dropped -80.40% vs GLD's -45.56%.
GLD currently has the higher Sharpe Ratio (0.93 vs -0.69), 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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