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OTIS vs. GLDM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between OTIS and GLDM is 0.11, 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.


-0.50.00.51.0
Correlation: 0.1

Performance

OTIS vs. GLDM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Otis Worldwide Corporation (OTIS) and SPDR Gold MiniShares Trust (GLDM). The values are adjusted to include any dividend payments, if applicable.

80.00%100.00%120.00%140.00%NovemberDecember2025FebruaryMarchApril
146.71%
111.30%
OTIS
GLDM

Key characteristics

Sharpe Ratio

OTIS:

0.38

GLDM:

2.52

Sortino Ratio

OTIS:

0.61

GLDM:

3.23

Omega Ratio

OTIS:

1.08

GLDM:

1.43

Calmar Ratio

OTIS:

0.51

GLDM:

4.82

Martin Ratio

OTIS:

1.16

GLDM:

13.14

Ulcer Index

OTIS:

6.17%

GLDM:

2.97%

Daily Std Dev

OTIS:

18.70%

GLDM:

15.48%

Max Drawdown

OTIS:

-29.99%

GLDM:

-21.63%

Current Drawdown

OTIS:

-1.17%

GLDM:

-0.03%

Returns By Period

In the year-to-date period, OTIS achieves a 12.68% return, which is significantly lower than GLDM's 19.00% return.


OTIS

YTD

12.68%

1M

3.19%

6M

-0.04%

1Y

8.06%

5Y*

18.81%

10Y*

N/A

GLDM

YTD

19.00%

1M

8.03%

6M

17.44%

1Y

37.00%

5Y*

13.87%

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

OTIS vs. GLDM — Risk-Adjusted Performance Rank

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

OTIS
The Risk-Adjusted Performance Rank of OTIS is 6464
Overall Rank
The Sharpe Ratio Rank of OTIS is 6767
Sharpe Ratio Rank
The Sortino Ratio Rank of OTIS is 5656
Sortino Ratio Rank
The Omega Ratio Rank of OTIS is 5656
Omega Ratio Rank
The Calmar Ratio Rank of OTIS is 7474
Calmar Ratio Rank
The Martin Ratio Rank of OTIS is 6666
Martin Ratio Rank

GLDM
The Risk-Adjusted Performance Rank of GLDM is 9595
Overall Rank
The Sharpe Ratio Rank of GLDM is 9696
Sharpe Ratio Rank
The Sortino Ratio Rank of GLDM is 9595
Sortino Ratio Rank
The Omega Ratio Rank of GLDM is 9494
Omega Ratio Rank
The Calmar Ratio Rank of GLDM is 9696
Calmar Ratio Rank
The Martin Ratio Rank of GLDM is 9494
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.

OTIS vs. GLDM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Otis Worldwide Corporation (OTIS) and SPDR Gold MiniShares Trust (GLDM). 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.


Sharpe ratio
The chart of Sharpe ratio for OTIS, currently valued at 0.38, compared to the broader market-2.00-1.000.001.002.003.00
OTIS: 0.38
GLDM: 2.52
The chart of Sortino ratio for OTIS, currently valued at 0.61, compared to the broader market-6.00-4.00-2.000.002.004.00
OTIS: 0.61
GLDM: 3.23
The chart of Omega ratio for OTIS, currently valued at 1.08, compared to the broader market0.501.001.502.00
OTIS: 1.08
GLDM: 1.43
The chart of Calmar ratio for OTIS, currently valued at 0.51, compared to the broader market0.001.002.003.004.005.00
OTIS: 0.51
GLDM: 4.82
The chart of Martin ratio for OTIS, currently valued at 1.16, compared to the broader market-5.000.005.0010.0015.0020.00
OTIS: 1.16
GLDM: 13.14

The current OTIS Sharpe Ratio is 0.38, which is lower than the GLDM Sharpe Ratio of 2.52. The chart below compares the historical Sharpe Ratios of OTIS and GLDM, 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 Ratio0.000.501.001.502.002.503.003.50NovemberDecember2025FebruaryMarchApril
0.38
2.52
OTIS
GLDM

Dividends

OTIS vs. GLDM - Dividend Comparison

OTIS's dividend yield for the trailing twelve months is around 1.50%, while GLDM has not paid dividends to shareholders.


TTM20242023202220212020
OTIS
Otis Worldwide Corporation
1.50%1.63%1.46%1.42%1.06%0.89%
GLDM
SPDR Gold MiniShares Trust
0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

OTIS vs. GLDM - Drawdown Comparison

The maximum OTIS drawdown since its inception was -29.99%, which is greater than GLDM's maximum drawdown of -21.63%. Use the drawdown chart below to compare losses from any high point for OTIS and GLDM. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-1.17%
-0.03%
OTIS
GLDM

Volatility

OTIS vs. GLDM - Volatility Comparison

Otis Worldwide Corporation (OTIS) has a higher volatility of 4.89% compared to SPDR Gold MiniShares Trust (GLDM) at 3.32%. This indicates that OTIS's price experiences larger fluctuations and is considered to be riskier than GLDM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%NovemberDecember2025FebruaryMarchApril
4.89%
3.32%
OTIS
GLDM
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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