STN vs. GLDM
STN (Stantec Inc) is a stock, while GLDM (SPDR Gold MiniShares Trust) is Gold fund tracking the LBMA Gold Price PM. Over the past 5 years, STN returned 11.02%/yr vs 17.41%/yr for GLDM. At a 0.11 correlation, their price movements are largely independent.
Performance
STN vs. GLDM - Performance Comparison
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Returns By Period
In the year-to-date period, STN achieves a -23.15% return, which is significantly lower than GLDM's -2.40% return.
STN
- 1D
- 0.33%
- 1M
- -6.48%
- YTD
- -23.15%
- 6M
- -22.43%
- 1Y
- -31.73%
- 3Y*
- 5.99%
- 5Y*
- 11.02%
- 10Y*
- 12.59%
GLDM
- 1D
- 0.11%
- 1M
- -7.40%
- YTD
- -2.40%
- 6M
- -2.09%
- 1Y
- 22.58%
- 3Y*
- 29.27%
- 5Y*
- 17.41%
- 10Y*
- —
STN vs. GLDM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
STN Stantec Inc | -23.15% | 21.08% | -1.44% | 68.90% | -13.76% | 75.67% | 16.56% | 31.83% | -12.31% |
GLDM SPDR Gold MiniShares Trust | -2.40% | 64.20% | 27.08% | 13.04% | -0.47% | -4.01% | 25.10% | 18.10% | 1.75% |
Correlation
The correlation between STN and GLDM is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2018 | 0.11 |
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Return for Risk
STN vs. GLDM — Risk / Return Rank
STN
GLDM
STN vs. GLDM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Stantec Inc (STN) 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.
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.
| STN | GLDM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.06 | ||
| Sortino ratioReturn per unit of downside risk | -2.81 | ||
| Omega ratioGain probability vs. loss probability | 0.80 | 1.19 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | -0.88 | 1.00 | -1.88 |
| Martin ratioReturn relative to average drawdown | -2.00 | 2.87 | -4.87 |
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Drawdowns
STN vs. GLDM - Drawdown Comparison
The maximum STN drawdown since its inception was -67.42%, which is greater than GLDM's maximum drawdown of -24.35%. Use the drawdown chart below to compare losses from any high point for STN and GLDM.
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Drawdown Indicators
| STN | GLDM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.42% | -24.35% | -43.07% |
Max Drawdown (1Y)Largest decline over 1 year | -36.93% | -24.35% | -12.58% |
Max Drawdown (3Y)Largest decline over 3 years | -36.93% | -24.35% | -12.58% |
Max Drawdown (5Y)Largest decline over 5 years | -36.93% | -24.35% | -12.58% |
Max Drawdown (10Y)Largest decline over 10 years | -36.93% | — | — |
Current DrawdownCurrent decline from peak | -36.11% | -21.96% | -14.15% |
Average DrawdownAverage peak-to-trough decline | -17.12% | -6.27% | -10.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.27% | 8.44% | +7.83% |
Volatility
STN vs. GLDM - Volatility Comparison
Stantec Inc (STN) has a higher volatility of 11.50% compared to SPDR Gold MiniShares Trust (GLDM) at 7.73%. This indicates that STN'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
| STN | GLDM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.50% | 7.73% | +3.77% |
Volatility (6M)Calculated over the trailing 6-month period | 24.17% | 23.93% | +0.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.91% | 27.15% | +0.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.27% | 18.13% | +7.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.65% | 16.98% | +8.67% |
Dividends
STN vs. GLDM - Dividend Comparison
STN's dividend yield for the trailing twelve months is around 1.09%, while GLDM has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
STN Stantec Inc | 1.09% | 0.69% | 0.78% | 0.79% | 1.14% | 1.17% | 1.42% | 1.55% | 1.91% | 1.79% | 1.78% | 1.69% |
Frequently Asked Questions
STN and GLDM have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
STN has higher volatility (11.50%) compared to GLDM (7.73%). In terms of maximum drawdown, STN dropped -67.42% vs GLDM's -24.35%.
GLDM currently has the higher Sharpe Ratio (0.90 vs -1.17), 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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