PL=F vs. AUD=X
Compare and contrast key facts about Platinum (PL=F) and USD/AUD (AUD=X).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PL=F or AUD=X.
Correlation
The correlation between PL=F and AUD=X is 0.02, 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. AUD=X - Performance Comparison
Key characteristics
PL=F:
0.31
AUD=X:
0.45
PL=F:
0.62
AUD=X:
0.71
PL=F:
1.07
AUD=X:
1.09
PL=F:
0.15
AUD=X:
0.11
PL=F:
0.83
AUD=X:
1.47
PL=F:
9.79%
AUD=X:
2.28%
PL=F:
26.07%
AUD=X:
7.62%
PL=F:
-68.68%
AUD=X:
-56.54%
PL=F:
-47.90%
AUD=X:
-25.07%
Returns By Period
In the year-to-date period, PL=F achieves a 9.05% return, which is significantly higher than AUD=X's -3.25% return. Over the past 10 years, PL=F has underperformed AUD=X with an annualized return of -1.61%, while AUD=X has yielded a comparatively higher 1.87% annualized return.
PL=F
9.05%
4.89%
2.55%
9.15%
0.33%
-1.61%
AUD=X
-3.25%
-1.91%
4.84%
2.44%
0.64%
1.87%
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Risk-Adjusted Performance
PL=F vs. AUD=X — Risk-Adjusted Performance Rank
PL=F
AUD=X
PL=F vs. AUD=X - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Platinum (PL=F) and USD/AUD (AUD=X). 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. AUD=X - Drawdown Comparison
The maximum PL=F drawdown since its inception was -68.68%, which is greater than AUD=X's maximum drawdown of -56.54%. Use the drawdown chart below to compare losses from any high point for PL=F and AUD=X. For additional features, visit the drawdowns tool.
Volatility
PL=F vs. AUD=X - Volatility Comparison
Platinum (PL=F) has a higher volatility of 8.48% compared to USD/AUD (AUD=X) at 0.25%. This indicates that PL=F's price experiences larger fluctuations and is considered to be riskier than AUD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.