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RGLD vs. GLDM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between RGLD and GLDM is 0.63, 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: 0.6

Performance

RGLD vs. GLDM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Royal Gold, Inc. (RGLD) and SPDR Gold MiniShares Trust (GLDM). The values are adjusted to include any dividend payments, if applicable.

60.00%80.00%100.00%120.00%140.00%NovemberDecember2025FebruaryMarchApril
83.03%
138.92%
RGLD
GLDM

Key characteristics

Sharpe Ratio

RGLD:

1.10

GLDM:

2.05

Sortino Ratio

RGLD:

1.49

GLDM:

2.68

Omega Ratio

RGLD:

1.21

GLDM:

1.35

Calmar Ratio

RGLD:

1.70

GLDM:

3.95

Martin Ratio

RGLD:

5.05

GLDM:

10.77

Ulcer Index

RGLD:

5.62%

GLDM:

2.97%

Daily Std Dev

RGLD:

25.77%

GLDM:

15.60%

Max Drawdown

RGLD:

-96.43%

GLDM:

-21.63%

Current Drawdown

RGLD:

-6.98%

GLDM:

-2.81%

Returns By Period

In the year-to-date period, RGLD achieves a 18.41% return, which is significantly higher than GLDM's 15.70% return.


RGLD

YTD

18.41%

1M

3.28%

6M

12.34%

1Y

28.31%

5Y*

12.03%

10Y*

10.55%

GLDM

YTD

15.70%

1M

3.89%

6M

14.48%

1Y

32.75%

5Y*

13.20%

10Y*

N/A

*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

RGLD vs. GLDM — Risk-Adjusted Performance Rank

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

RGLD
The Risk-Adjusted Performance Rank of RGLD is 8484
Overall Rank
The Sharpe Ratio Rank of RGLD is 8787
Sharpe Ratio Rank
The Sortino Ratio Rank of RGLD is 7878
Sortino Ratio Rank
The Omega Ratio Rank of RGLD is 7979
Omega Ratio Rank
The Calmar Ratio Rank of RGLD is 9292
Calmar Ratio Rank
The Martin Ratio Rank of RGLD is 8787
Martin Ratio Rank

GLDM
The Risk-Adjusted Performance Rank of GLDM is 9494
Overall Rank
The Sharpe Ratio Rank of GLDM is 9494
Sharpe Ratio Rank
The Sortino Ratio Rank of GLDM is 9393
Sortino Ratio Rank
The Omega Ratio Rank of GLDM is 9393
Omega Ratio Rank
The Calmar Ratio Rank of GLDM is 9696
Calmar Ratio Rank
The Martin Ratio Rank of GLDM is 9393
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.

RGLD vs. GLDM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Royal Gold, Inc. (RGLD) and SPDR Gold MiniShares Trust (GLDM). 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 RGLD, currently valued at 1.10, compared to the broader market-2.00-1.000.001.002.00
RGLD: 1.10
GLDM: 2.05
The chart of Sortino ratio for RGLD, currently valued at 1.49, compared to the broader market-6.00-4.00-2.000.002.004.00
RGLD: 1.49
GLDM: 2.68
The chart of Omega ratio for RGLD, currently valued at 1.21, compared to the broader market0.501.001.502.00
RGLD: 1.21
GLDM: 1.35
The chart of Calmar ratio for RGLD, currently valued at 1.70, compared to the broader market0.001.002.003.004.00
RGLD: 1.70
GLDM: 3.95
The chart of Martin ratio for RGLD, currently valued at 5.05, compared to the broader market-10.000.0010.0020.00
RGLD: 5.05
GLDM: 10.77

The current RGLD Sharpe Ratio is 1.10, which is lower than the GLDM Sharpe Ratio of 2.05. The chart below compares the historical Sharpe Ratios of RGLD and GLDM, 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 Ratio0.501.001.502.002.503.00NovemberDecember2025FebruaryMarchApril
1.10
2.05
RGLD
GLDM

Dividends

RGLD vs. GLDM - Dividend Comparison

RGLD's dividend yield for the trailing twelve months is around 0.80%, while GLDM has not paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
RGLD
Royal Gold, Inc.
0.80%1.21%1.24%1.24%1.14%1.05%0.87%1.17%1.17%1.45%1.81%1.36%
GLDM
SPDR Gold MiniShares Trust
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

RGLD vs. GLDM - Drawdown Comparison

The maximum RGLD drawdown since its inception was -96.43%, which is greater than GLDM's maximum drawdown of -21.63%. Use the drawdown chart below to compare losses from any high point for RGLD and GLDM. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-6.98%
-2.81%
RGLD
GLDM

Volatility

RGLD vs. GLDM - Volatility Comparison

Royal Gold, Inc. (RGLD) has a higher volatility of 8.75% compared to SPDR Gold MiniShares Trust (GLDM) at 4.24%. This indicates that RGLD's price experiences larger fluctuations and is considered to be riskier than GLDM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%NovemberDecember2025FebruaryMarchApril
8.75%
4.24%
RGLD
GLDM
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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.

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