STLAM.MI vs. GC=F

Last updated Jun 5, 2026

STLAM.MI (Stellantis N.V.) is a stock, while GC=F (Gold Futures) is an asset. Over the past 10 years, STLAM.MI returned 8.04%/yr vs 13.31%/yr for GC=F. At a correlation of -0.05, they often move in opposite directions.

Performance

STLAM.MI vs. GC=F - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Stellantis N.V. (STLAM.MI) and Gold Futures (GC=F). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

STLAM.MI is traded in EUR, while GC=F is traded in USD. To make them comparable, the GC=F values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, STLAM.MI achieves a -32.09% return, which is significantly lower than GC=F's 3.80% return. Over the past 10 years, STLAM.MI has underperformed GC=F with an annualized return of 8.04%, while GC=F has yielded a comparatively higher 13.31% annualized return.

STLAM.MI

• 1D: 1.01%
• 1M: 3.95%
• YTD: -32.09%
• 6M: -36.91%
• 1Y: -25.96%
• 3Y*: -20.38%
• 5Y*: -12.48%
• 10Y*: 8.04%

GC=F

• 1D: 0.00%
• 1M: -1.91%
• YTD: 3.80%
• 6M: 5.68%
• 1Y: 29.38%
• 3Y*: 27.88%
• 5Y*: 19.73%
• 10Y*: 13.31%

*Multi-year figures are annualized to reflect compound growth (CAGR)

STLAM.MI vs. GC=F - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
STLAM.MI Stellantis N.V.	-32.09%	-18.14%	-36.40%	74.08%	-14.17%	33.84%	22.86%	20.59%	-14.94%	72.79%
GC=F Gold Futures	5.27%	45.00%	35.90%	9.94%	5.74%	3.76%	14.32%	21.55%	2.45%	-0.37%

Correlation

The correlation between STLAM.MI and GC=F is 0.03, 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	0.03
Correlation (3Y) Calculated over the trailing 3-year period	-0.02
Correlation (5Y) Calculated over the trailing 5-year period	-0.07
Correlation (10Y) Calculated over the trailing 10-year period	-0.08
Correlation (All Time) Calculated using the full available price history since Aug 28, 2007	-0.05

The correlation between STLAM.MI and GC=F shifts across timeframes, from -0.08 (10 years) to 0.03 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

STLAM.MI vs. GC=F — Risk / Return Rank

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

STLAM.MI

STLAM.MI Risk / Return Rank: 20
STLAM.MI Sharpe Ratio Rank: 19
STLAM.MI Sortino Ratio Rank: 21
STLAM.MI Omega Ratio Rank: 21
STLAM.MI Calmar Ratio Rank: 22
STLAM.MI Martin Ratio Rank: 18

GC=F

GC=F Risk / Return Rank: 54
GC=F Sharpe Ratio Rank: 53
GC=F Sortino Ratio Rank: 52
GC=F Omega Ratio Rank: 54
GC=F Calmar Ratio Rank: 45
GC=F Martin Ratio Rank: 64

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

STLAM.MI vs. GC=F - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Stellantis N.V. (STLAM.MI) and Gold Futures (GC=F). 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.

	STLAM.MI	GC=F	Difference
Sharpe ratio: Return per unit of total volatility	-0.51	1.11	-1.62
Sortino ratio: Return per unit of downside risk	-0.42	1.50	-1.92
Omega ratio: Gain probability vs. loss probability	0.94	1.23	-0.29
Calmar ratio: Return relative to maximum drawdown	-0.55	1.74	-2.30
Martin ratio: Return relative to average drawdown	-1.10	4.25	-5.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

STLAM.MI vs. GC=F - Sharpe Ratio Comparison

The current STLAM.MI Sharpe Ratio is -0.51, which is lower than the GC=F Sharpe Ratio of 1.11. The chart below compares the historical Sharpe Ratios of STLAM.MI and GC=F, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	STLAM.MI	GC=F	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.51	1.11	-1.62
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.32	1.13	-1.45
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.20	0.84	-0.63
Sharpe Ratio (All Time) Calculated using the full available price history	0.12	0.63	-0.52

Drawdowns

STLAM.MI vs. GC=F - Drawdown Comparison

The maximum STLAM.MI drawdown since its inception was -90.50%, which is greater than GC=F's maximum drawdown of -36.91%. Use the drawdown chart below to compare losses from any high point for STLAM.MI and GC=F.

Drawdown Indicators

	STLAM.MI	GC=F	Difference
Max Drawdown Largest peak-to-trough decline	-90.50%	-36.91%	-53.59%
Max Drawdown (1Y) Largest decline over 1 year	-46.89%	-16.35%	-30.54%
Max Drawdown (3Y) Largest decline over 3 years	-76.30%	-16.35%	-59.95%
Max Drawdown (5Y) Largest decline over 5 years	-76.30%	-16.35%	-59.95%
Max Drawdown (10Y) Largest decline over 10 years	-76.30%	-18.00%	-58.30%
Current Drawdown Current decline from peak	-72.46%	-15.60%	-56.86%
Average Drawdown Average peak-to-trough decline	-41.22%	-11.40%	-29.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.58%	6.75%	+16.83%

Volatility

STLAM.MI vs. GC=F - Volatility Comparison

Stellantis N.V. (STLAM.MI) has a higher volatility of 11.18% compared to Gold Futures (GC=F) at 3.98%. This indicates that STLAM.MI's price experiences larger fluctuations and is considered to be riskier than GC=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	STLAM.MI	GC=F	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.18%	3.98%	+7.20%
Volatility (6M) Calculated over the trailing 6-month period	41.73%	22.32%	+19.41%
Volatility (1Y) Calculated over the trailing 1-year period	50.85%	25.63%	+25.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.26%	17.40%	+20.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.21%	15.86%	+23.35%

Frequently Asked Questions

Can I hold both STLAM.MI and GC=F in my portfolio?

STLAM.MI and GC=F have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.