PA=F vs. GC=F

Last updated Jun 26, 2026

PA=F (Palladium) and GC=F (Gold Futures) are both assets. A 0.73 correlation means they provide meaningful diversification when combined.

Performance

PA=F vs. GC=F - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Palladium (PA=F) and Gold Futures (GC=F). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PA=F

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GC=F

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

PA=F vs. GC=F - Yearly Performance Comparison

	2022 (YTD)
PA=F Palladium	-4.98%
GC=F Gold Futures	5.84%

Correlation

The correlation between PA=F and GC=F is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 31, 2022	0.73

Return for Risk

PA=F vs. GC=F - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Palladium (PA=F) and Gold Futures (GC=F). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

Volatility

Frequently Asked Questions

Can I hold both PA=F and GC=F in my portfolio?

PA=F and GC=F have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.