PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
PA=F vs. HG=F
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between PA=F and HG=F is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.4

Performance

PA=F vs. HG=F - Performance Comparison

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

100.00%150.00%200.00%250.00%300.00%NovemberDecember2025FebruaryMarchApril
224.41%
98.01%
PA=F
HG=F

Key characteristics

Sharpe Ratio

PA=F:

-0.09

HG=F:

-0.03

Sortino Ratio

PA=F:

0.13

HG=F:

0.12

Omega Ratio

PA=F:

1.01

HG=F:

1.01

Calmar Ratio

PA=F:

-0.05

HG=F:

-0.03

Martin Ratio

PA=F:

-0.21

HG=F:

-0.05

Ulcer Index

PA=F:

15.76%

HG=F:

15.00%

Daily Std Dev

PA=F:

35.66%

HG=F:

23.18%

Max Drawdown

PA=F:

-72.41%

HG=F:

-62.54%

Current Drawdown

PA=F:

-67.47%

HG=F:

-5.78%

Returns By Period

In the year-to-date period, PA=F achieves a 6.62% return, which is significantly lower than HG=F's 22.11% return. Over the past 10 years, PA=F has underperformed HG=F with an annualized return of 2.57%, while HG=F has yielded a comparatively higher 5.95% annualized return.


PA=F

YTD

6.62%

1M

0.93%

6M

-4.57%

1Y

-2.25%

5Y*

-13.51%

10Y*

2.57%

HG=F

YTD

22.11%

1M

6.72%

6M

6.98%

1Y

20.80%

5Y*

17.00%

10Y*

5.95%

*Annualized

Compare stocks, funds, or ETFs

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


Risk-Adjusted Performance

PA=F vs. HG=F — Risk-Adjusted Performance Rank

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

PA=F
The Risk-Adjusted Performance Rank of PA=F is 3232
Overall Rank
The Sharpe Ratio Rank of PA=F is 3131
Sharpe Ratio Rank
The Sortino Ratio Rank of PA=F is 3333
Sortino Ratio Rank
The Omega Ratio Rank of PA=F is 3333
Omega Ratio Rank
The Calmar Ratio Rank of PA=F is 3232
Calmar Ratio Rank
The Martin Ratio Rank of PA=F is 3131
Martin Ratio Rank

HG=F
The Risk-Adjusted Performance Rank of HG=F is 2929
Overall Rank
The Sharpe Ratio Rank of HG=F is 3030
Sharpe Ratio Rank
The Sortino Ratio Rank of HG=F is 2828
Sortino Ratio Rank
The Omega Ratio Rank of HG=F is 2929
Omega Ratio Rank
The Calmar Ratio Rank of HG=F is 2929
Calmar Ratio Rank
The Martin Ratio Rank of HG=F is 3131
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.

PA=F vs. HG=F - Risk-Adjusted Performance Comparison

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


Sharpe ratio
The chart of Sharpe ratio for PA=F, currently valued at 0.00, compared to the broader market-0.500.000.501.001.502.00
PA=F: 0.00
HG=F: 0.13
The chart of Sortino ratio for PA=F, currently valued at 0.28, compared to the broader market0.001.002.003.00
PA=F: 0.28
HG=F: 0.33
The chart of Omega ratio for PA=F, currently valued at 1.03, compared to the broader market1.001.101.201.301.40
PA=F: 1.03
HG=F: 1.04
The chart of Calmar ratio for PA=F, currently valued at 0.00, compared to the broader market0.001.002.003.004.00
PA=F: 0.00
HG=F: 0.13
The chart of Martin ratio for PA=F, currently valued at 0.01, compared to the broader market0.002.004.006.008.0010.00
PA=F: 0.01
HG=F: 0.25

The current PA=F Sharpe Ratio is -0.09, which is lower than the HG=F Sharpe Ratio of -0.03. The chart below compares the historical Sharpe Ratios of PA=F and HG=F, 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 Ratio-0.500.000.501.00NovemberDecember2025FebruaryMarchApril
0.00
0.13
PA=F
HG=F

Drawdowns

PA=F vs. HG=F - Drawdown Comparison

The maximum PA=F drawdown since its inception was -72.41%, which is greater than HG=F's maximum drawdown of -62.54%. Use the drawdown chart below to compare losses from any high point for PA=F and HG=F. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-67.47%
-5.78%
PA=F
HG=F

Volatility

PA=F vs. HG=F - Volatility Comparison

The current volatility for Palladium (PA=F) is 5.34%, while Copper (HG=F) has a volatility of 6.06%. This indicates that PA=F experiences smaller price fluctuations and is considered to be less risky than HG=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%NovemberDecember2025FebruaryMarchApril
5.34%
6.06%
PA=F
HG=F
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


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.

Copyright © 2025 PortfoliosLab