SLB vs. GLD
Compare and contrast key facts about Schlumberger Limited (SLB) and SPDR Gold Trust (GLD).
GLD is a passively managed fund by State Street that tracks the performance of the Gold Bullion. It was launched on Nov 18, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SLB or GLD.
Key characteristics
| SLB | GLD | |
|---|---|---|
| YTD Return | -8.24% | 10.83% |
| 1Y Return | -1.44% | 15.17% |
| 3Y Return (Ann) | 22.82% | 8.57% |
| 5Y Return (Ann) | 5.75% | 12.08% |
| 10Y Return (Ann) | -4.73% | 5.42% |
| Sharpe Ratio | -0.06 | 1.18 |
| Daily Std Dev | 28.64% | 12.45% |
| Max Drawdown | -87.63% | -45.56% |
| Current Drawdown | -47.40% | -4.23% |
Correlation
The correlation between SLB and GLD is 0.15, 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
SLB vs. GLD - Performance Comparison
In the year-to-date period, SLB achieves a -8.24% return, which is significantly lower than GLD's 10.83% return. Over the past 10 years, SLB has underperformed GLD with an annualized return of -4.73%, while GLD has yielded a comparatively higher 5.42% 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
SLB vs. GLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schlumberger Limited (SLB) and SPDR Gold Trust (GLD). 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.
Dividends
SLB vs. GLD - Dividend Comparison
SLB's dividend yield for the trailing twelve months is around 2.16%, while GLD has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SLB Schlumberger Limited | 2.16% | 1.92% | 1.22% | 1.67% | 4.01% | 4.98% | 5.54% | 2.97% | 2.38% | 2.87% | 1.87% | 1.39% |
GLD SPDR Gold 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
SLB vs. GLD - Drawdown Comparison
The maximum SLB drawdown since its inception was -87.63%, which is greater than GLD's maximum drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for SLB and GLD. For additional features, visit the drawdowns tool.
Volatility
SLB vs. GLD - Volatility Comparison
Schlumberger Limited (SLB) has a higher volatility of 5.85% compared to SPDR Gold Trust (GLD) at 5.44%. This indicates that SLB's price experiences larger fluctuations and is considered to be riskier than GLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.