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 | -1.56% | -8.46% |
| 1Y Return | 14.00% | 11.21% |
| 3Y Return (Ann) | -2.07% | -12.28% |
| 5Y Return (Ann) | 2.12% | 3.77% |
| 10Y Return (Ann) | -1.91% | 7.14% |
| Sharpe Ratio | 0.24 | 0.30 |
| Sortino Ratio | 0.52 | 0.72 |
| Omega Ratio | 1.06 | 1.08 |
| Calmar Ratio | 0.11 | 0.15 |
| Martin Ratio | 0.64 | 0.76 |
| Ulcer Index | 9.51% | 14.79% |
| Daily Std Dev | 26.02% | 37.22% |
| Max Drawdown | -68.68% | -76.83% |
| Current Drawdown | -47.87% | -68.60% |
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 -1.56% return, which is significantly higher than GOLD.TO's -8.46% return. Over the past 10 years, PL=F has underperformed GOLD.TO with an annualized return of -1.91%, while GOLD.TO has yielded a comparatively higher 7.14% 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 6.66%, while GoldMining Inc. (GOLD.TO) has a volatility of 8.81%. 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.