PL=F vs. GC=F
Compare and contrast key facts about Platinum (PL=F) and Gold (GC=F).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PL=F or GC=F.
Correlation
The correlation between PL=F and GC=F is 0.21, 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. GC=F - Performance Comparison
Key characteristics
PL=F:
0.30
GC=F:
2.38
PL=F:
0.60
GC=F:
2.95
PL=F:
1.07
GC=F:
1.43
PL=F:
0.14
GC=F:
4.42
PL=F:
0.83
GC=F:
11.14
PL=F:
9.40%
GC=F:
3.17%
PL=F:
25.86%
GC=F:
14.52%
PL=F:
-68.68%
GC=F:
-44.36%
PL=F:
-50.33%
GC=F:
-3.32%
Returns By Period
In the year-to-date period, PL=F achieves a 3.95% return, which is significantly higher than GC=F's 2.54% return. Over the past 10 years, PL=F has underperformed GC=F with an annualized return of -2.86%, while GC=F has yielded a comparatively higher 6.84% annualized return.
PL=F
3.95%
2.74%
-5.35%
2.61%
-1.10%
-2.86%
GC=F
2.54%
1.51%
9.49%
31.20%
10.36%
6.84%
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Risk-Adjusted Performance
PL=F vs. GC=F — Risk-Adjusted Performance Rank
PL=F
GC=F
PL=F vs. GC=F - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Platinum (PL=F) and Gold (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.
Drawdowns
PL=F vs. GC=F - Drawdown Comparison
The maximum PL=F drawdown since its inception was -68.68%, which is greater than GC=F's maximum drawdown of -44.36%. Use the drawdown chart below to compare losses from any high point for PL=F and GC=F. For additional features, visit the drawdowns tool.
Volatility
PL=F vs. GC=F - Volatility Comparison
Platinum (PL=F) has a higher volatility of 8.29% compared to Gold (GC=F) at 3.71%. This indicates that PL=F's price experiences larger fluctuations and is considered to be riskier than GC=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.