PL=F vs. GOLD.TO
Compare and contrast key facts about Platinum (PL=F) and GoldMining Inc. (GOLD.TO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PL=F or GOLD.TO.
Key characteristics
| PL=F | GOLD.TO | |
|---|---|---|
| YTD Return | -7.31% | -0.77% |
| 1Y Return | 4.77% | 17.27% |
| 3Y Return (Ann) | -4.80% | -13.94% |
| 5Y Return (Ann) | 0.88% | 4.03% |
| 10Y Return (Ann) | -2.54% | 7.66% |
| Sharpe Ratio | 0.10 | 0.45 |
| Sortino Ratio | 0.33 | 0.96 |
| Omega Ratio | 1.04 | 1.11 |
| Calmar Ratio | 0.05 | 0.24 |
| Martin Ratio | 0.27 | 1.16 |
| Ulcer Index | 9.65% | 14.85% |
| Daily Std Dev | 25.83% | 38.15% |
| Max Drawdown | -68.68% | -76.83% |
| Current Drawdown | -50.92% | -65.96% |
Correlation
The correlation between PL=F and GOLD.TO is 0.26, 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.
Performance
PL=F vs. GOLD.TO - Performance Comparison
In the year-to-date period, PL=F achieves a -7.31% return, which is significantly lower than GOLD.TO's -0.77% return. Over the past 10 years, PL=F has underperformed GOLD.TO with an annualized return of -2.54%, while GOLD.TO has yielded a comparatively higher 7.66% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
PL=F vs. GOLD.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Platinum (PL=F) and GoldMining Inc. (GOLD.TO). 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.
Drawdowns
PL=F vs. GOLD.TO - Drawdown Comparison
The maximum PL=F drawdown since its inception was -68.68%, smaller than the maximum GOLD.TO drawdown of -76.83%. Use the drawdown chart below to compare losses from any high point for PL=F and GOLD.TO. For additional features, visit the drawdowns tool.
Volatility
PL=F vs. GOLD.TO - Volatility Comparison
The current volatility for Platinum (PL=F) is 7.14%, while GoldMining Inc. (GOLD.TO) has a volatility of 12.47%. This indicates that PL=F experiences smaller price fluctuations and is considered to be less risky than GOLD.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.