RXT vs. GLDM
RXT (Rackspace Technology, Inc.) is a stock, while GLDM (SPDR Gold MiniShares Trust) is Gold fund tracking the LBMA Gold Price PM. Over the past 5 years, RXT returned -23.44%/yr vs 18.49%/yr for GLDM. At a 0.08 correlation, their price movements are largely independent.
Performance
RXT vs. GLDM - Performance Comparison
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Returns By Period
In the year-to-date period, RXT achieves a 461.33% return, which is significantly higher than GLDM's 3.00% return.
RXT
- 1D
- -7.94%
- 1M
- 207.91%
- YTD
- 461.33%
- 6M
- 448.40%
- 1Y
- 429.13%
- 3Y*
- 45.76%
- 5Y*
- -23.44%
- 10Y*
- —
GLDM
- 1D
- -0.96%
- 1M
- -1.62%
- YTD
- 3.00%
- 6M
- 5.60%
- 1Y
- 32.42%
- 3Y*
- 31.49%
- 5Y*
- 18.49%
- 10Y*
- —
RXT vs. GLDM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
RXT Rackspace Technology, Inc. | 461.33% | -56.07% | 10.50% | -32.20% | -78.10% | -29.33% | 16.29% |
GLDM SPDR Gold MiniShares Trust | 3.00% | 64.20% | 27.08% | 13.04% | -0.47% | -4.01% | -6.75% |
Correlation
The correlation between RXT and GLDM is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Aug 6, 2020 | 0.08 |
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Return for Risk
RXT vs. GLDM — Risk / Return Rank
RXT
GLDM
RXT vs. GLDM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rackspace Technology, Inc. (RXT) 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.
| RXT | GLDM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.55 | 1.24 | +0.31 |
Sortino ratioReturn per unit of downside risk | 5.41 | 1.63 | +3.78 |
Omega ratioGain probability vs. loss probability | 1.58 | 1.25 | +0.33 |
Calmar ratioReturn relative to maximum drawdown | 4.87 | 1.70 | +3.17 |
Martin ratioReturn relative to average drawdown | 11.05 | 4.23 | +6.82 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RXT | GLDM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.55 | 1.24 | +0.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.16 | 1.04 | -1.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.13 | 1.02 | -1.14 |
Drawdowns
RXT vs. GLDM - Drawdown Comparison
The maximum RXT drawdown since its inception was -98.43%, which is greater than GLDM's maximum drawdown of -21.63%. Use the drawdown chart below to compare losses from any high point for RXT and GLDM.
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Drawdown Indicators
| RXT | GLDM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.43% | -21.63% | -76.80% |
Max Drawdown (1Y)Largest decline over 1 year | -77.65% | -19.14% | -58.51% |
Max Drawdown (3Y)Largest decline over 3 years | -86.50% | -19.14% | -67.36% |
Max Drawdown (5Y)Largest decline over 5 years | -98.08% | -20.92% | -77.16% |
Current DrawdownCurrent decline from peak | -79.09% | -17.65% | -61.44% |
Average DrawdownAverage peak-to-trough decline | -71.94% | -6.22% | -65.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.20% | 7.69% | +26.51% |
Volatility
RXT vs. GLDM - Volatility Comparison
Rackspace Technology, Inc. (RXT) has a higher volatility of 89.33% compared to SPDR Gold MiniShares Trust (GLDM) at 5.47%. This indicates that RXT'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.
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Volatility by Period
| RXT | GLDM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 89.33% | 5.47% | +83.86% |
Volatility (6M)Calculated over the trailing 6-month period | 178.08% | 22.99% | +155.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 279.89% | 26.39% | +253.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 146.71% | 17.91% | +128.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 137.61% | 16.85% | +120.76% |
Dividends
RXT vs. GLDM - Dividend Comparison
Neither RXT nor GLDM has paid dividends to shareholders.
Frequently Asked Questions
RXT and GLDM have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RXT has higher volatility (89.33%) compared to GLDM (5.47%). In terms of maximum drawdown, RXT dropped -98.43% vs GLDM's -21.63%.
RXT currently has the higher Sharpe Ratio (1.55 vs 1.24), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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