SGOL vs. AZO
SGOL (abrdn Physical Gold Shares ETF) is Gold fund tracking the LBMA Gold Price PM ($/ozt), while AZO (AutoZone, Inc.) is a stock. Over the past 10 years, SGOL returned 11.62%/yr vs 13.96%/yr for AZO. Their -0.01 correlation means they have often moved in opposite directions in the past.
Performance
SGOL vs. AZO - Performance Comparison
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Returns By Period
In the year-to-date period, SGOL achieves a -6.06% return, which is significantly higher than AZO's -12.80% return. Over the past 10 years, SGOL has underperformed AZO with an annualized return of 11.62%, while AZO has yielded a comparatively higher 13.96% annualized return.
SGOL
- 1D
- 0.08%
- 1M
- 0.65%
- 6M
- -18.71%
- YTD
- -6.06%
- 1Y
- 21.20%
- 3Y*
- 27.11%
- 5Y*
- 17.42%
- 10Y*
- 11.62%
- ALL TIME*
- 8.34%
AZO
- 1D
- 1.16%
- 1M
- -3.32%
- 6M
- -20.07%
- YTD
- -12.80%
- 1Y
- -22.60%
- 3Y*
- 5.74%
- 5Y*
- 12.62%
- 10Y*
- 13.96%
- ALL TIME*
- 18.74%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $474.96M | $962.75M | $1.17B | |
| $79.87M | $79.24M | $102.39M |
SGOL vs. AZO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SGOL abrdn Physical Gold Shares ETF | -6.06% | 63.99% | 26.90% | 12.99% | -0.51% | -3.94% | 25.03% | 18.21% | -1.94% | 12.86% |
AZO AutoZone, Inc. | -12.80% | 5.92% | 23.84% | 4.84% | 17.64% | 76.84% | -0.49% | 42.10% | 17.85% | -9.93% |
Correlation
The correlation between SGOL and AZO is 0.08, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.08 |
Correlation (3Y) Balances recent behavior with more history. | 0.05 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.03 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.00 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 2009 | -0.01 |
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Return for Risk
SGOL vs. AZO — Risk / Return Rank
SGOL
AZO
SGOL vs. AZO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for abrdn Physical Gold Shares ETF (SGOL) and AutoZone, Inc. (AZO). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SGOL | AZO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.54 | ||
| Sortino ratioReturn per unit of downside risk | +2.07 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 0.88 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 0.77 | -0.70 | +1.47 |
| Martin ratioReturn relative to average drawdown | 1.73 | -1.25 | +2.98 |
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Drawdowns
SGOL vs. AZO - Drawdown Comparison
The maximum SGOL drawdown since its inception was -45.51%, roughly equal to the maximum AZO drawdown of -46.32%. Use the drawdown chart below to compare losses from any high point for SGOL and AZO.
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Drawdown Indicators
| SGOL | AZO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.51% | -46.32% | +0.81% |
Max Drawdown (1Y)Largest decline over 1 year | -26.32% | -32.86% | +6.54% |
Max Drawdown (3Y)Largest decline over 3 years | -26.32% | -32.86% | +6.54% |
Max Drawdown (5Y)Largest decline over 5 years | -26.32% | -32.86% | +6.54% |
Max Drawdown (10Y)Largest decline over 10 years | -26.32% | -42.14% | +15.82% |
Current DrawdownCurrent decline from peak | -24.94% | -32.08% | +7.14% |
Average DrawdownAverage peak-to-trough decline | -18.45% | -10.94% | -7.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.64% | 18.40% | -6.76% |
Volatility
SGOL vs. AZO - Volatility Comparison
The current volatility for abrdn Physical Gold Shares ETF (SGOL) is 6.07%, while AutoZone, Inc. (AZO) has a volatility of 10.42%. This indicates that SGOL experiences smaller price fluctuations and is considered to be less risky than AZO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SGOL | AZO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.07% | 10.42% | -4.35% |
Volatility (6M)Calculated over the trailing 6-month period | 23.69% | 23.39% | +0.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.79% | 28.52% | -0.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.34% | 24.86% | -6.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.08% | 26.70% | -10.62% |
Dividends
SGOL vs. AZO - Dividend Comparison
Neither SGOL nor AZO has paid dividends to shareholders.
Frequently Asked Questions
SGOL and AZO have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AZO has higher volatility (10.42%) compared to SGOL (6.07%). In terms of maximum drawdown, SGOL dropped -45.51% vs AZO's -46.32%.
SGOL currently has the higher Sharpe Ratio (0.73 vs -0.81), 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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