PortfoliosLab logo
OPGSX vs. GLD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between OPGSX and GLD is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.7

Performance

OPGSX vs. GLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Gold & Special Minerals Fund (OPGSX) and SPDR Gold Trust (GLD). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%15.00%SeptemberOctoberNovemberDecember2025February
6.07%
16.69%
OPGSX
GLD

Key characteristics

Sharpe Ratio

OPGSX:

1.77

GLD:

2.90

Sortino Ratio

OPGSX:

2.34

GLD:

3.67

Omega Ratio

OPGSX:

1.29

GLD:

1.49

Calmar Ratio

OPGSX:

0.89

GLD:

5.47

Martin Ratio

OPGSX:

6.42

GLD:

14.93

Ulcer Index

OPGSX:

7.52%

GLD:

2.97%

Daily Std Dev

OPGSX:

27.35%

GLD:

15.33%

Max Drawdown

OPGSX:

-81.04%

GLD:

-45.56%

Current Drawdown

OPGSX:

-29.16%

GLD:

-0.09%

Returns By Period

In the year-to-date period, OPGSX achieves a 15.43% return, which is significantly higher than GLD's 11.82% return. Both investments have delivered pretty close results over the past 10 years, with OPGSX having a 9.36% annualized return and GLD not far behind at 8.90%.


OPGSX

YTD

15.43%

1M

5.48%

6M

6.07%

1Y

49.42%

5Y*

7.49%

10Y*

9.36%

GLD

YTD

11.82%

1M

6.56%

6M

16.69%

1Y

43.54%

5Y*

11.68%

10Y*

8.90%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


OPGSX vs. GLD - Expense Ratio Comparison

OPGSX has a 1.05% expense ratio, which is higher than GLD's 0.40% expense ratio.


Expense ratio chart for OPGSX: current value at 1.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.05%
Expense ratio chart for GLD: current value at 0.40% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.40%

Risk-Adjusted Performance

OPGSX vs. GLD — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

OPGSX
The Risk-Adjusted Performance Rank of OPGSX is 7777
Overall Rank
The Sharpe Ratio Rank of OPGSX is 8585
Sharpe Ratio Rank
The Sortino Ratio Rank of OPGSX is 8282
Sortino Ratio Rank
The Omega Ratio Rank of OPGSX is 7979
Omega Ratio Rank
The Calmar Ratio Rank of OPGSX is 6363
Calmar Ratio Rank
The Martin Ratio Rank of OPGSX is 7474
Martin Ratio Rank

GLD
The Risk-Adjusted Performance Rank of GLD is 9494
Overall Rank
The Sharpe Ratio Rank of GLD is 9696
Sharpe Ratio Rank
The Sortino Ratio Rank of GLD is 9494
Sortino Ratio Rank
The Omega Ratio Rank of GLD is 9393
Omega Ratio Rank
The Calmar Ratio Rank of GLD is 9696
Calmar Ratio Rank
The Martin Ratio Rank of GLD is 9090
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

OPGSX vs. GLD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Gold & Special Minerals Fund (OPGSX) 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.


The chart of Sharpe ratio for OPGSX, currently valued at 1.77, compared to the broader market-1.000.001.002.003.004.001.772.90
The chart of Sortino ratio for OPGSX, currently valued at 2.34, compared to the broader market0.002.004.006.008.0010.0012.002.343.67
The chart of Omega ratio for OPGSX, currently valued at 1.29, compared to the broader market1.002.003.004.001.291.49
The chart of Calmar ratio for OPGSX, currently valued at 0.89, compared to the broader market0.005.0010.0015.0020.000.895.47
The chart of Martin ratio for OPGSX, currently valued at 6.42, compared to the broader market0.0020.0040.0060.0080.006.4214.93
OPGSX
GLD

The current OPGSX Sharpe Ratio is 1.77, which is lower than the GLD Sharpe Ratio of 2.90. The chart below compares the historical Sharpe Ratios of OPGSX and GLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00SeptemberOctoberNovemberDecember2025February
1.77
2.90
OPGSX
GLD

Dividends

OPGSX vs. GLD - Dividend Comparison

OPGSX's dividend yield for the trailing twelve months is around 0.75%, while GLD has not paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
OPGSX
Invesco Gold & Special Minerals Fund
0.75%0.86%0.81%0.45%3.56%1.55%0.29%0.00%2.78%7.21%0.00%2.26%
GLD
SPDR Gold Trust
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

OPGSX vs. GLD - Drawdown Comparison

The maximum OPGSX drawdown since its inception was -81.04%, which is greater than GLD's maximum drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for OPGSX and GLD. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%SeptemberOctoberNovemberDecember2025February
-29.16%
-0.09%
OPGSX
GLD

Volatility

OPGSX vs. GLD - Volatility Comparison

Invesco Gold & Special Minerals Fund (OPGSX) has a higher volatility of 7.76% compared to SPDR Gold Trust (GLD) at 3.76%. This indicates that OPGSX'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.


2.00%4.00%6.00%8.00%10.00%SeptemberOctoberNovemberDecember2025February
7.76%
3.76%
OPGSX
GLD