TGB vs. GC=F
Compare and contrast key facts about Taseko Mines Limited (TGB) and Gold (GC=F).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TGB or GC=F.
Correlation
The correlation between TGB and GC=F is 0.13, 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
TGB vs. GC=F - Performance Comparison
Key characteristics
TGB:
-0.24
GC=F:
2.58
TGB:
0.07
GC=F:
3.30
TGB:
1.01
GC=F:
1.46
TGB:
-0.17
GC=F:
5.21
TGB:
-0.55
GC=F:
13.28
TGB:
27.00%
GC=F:
3.14%
TGB:
61.72%
GC=F:
16.07%
TGB:
-98.58%
GC=F:
-44.36%
TGB:
-84.58%
GC=F:
-0.54%
Returns By Period
In the year-to-date period, TGB achieves a 9.28% return, which is significantly lower than GC=F's 25.84% return. Over the past 10 years, TGB has outperformed GC=F with an annualized return of 12.04%, while GC=F has yielded a comparatively lower 9.46% annualized return.
TGB
9.28%
-14.52%
-11.30%
-13.82%
44.37%
12.04%
GC=F
25.84%
8.84%
21.93%
37.95%
12.88%
9.46%
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Risk-Adjusted Performance
TGB vs. GC=F — Risk-Adjusted Performance Rank
TGB
GC=F
TGB vs. GC=F - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Taseko Mines Limited (TGB) and Gold (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.
Drawdowns
TGB vs. GC=F - Drawdown Comparison
The maximum TGB drawdown since its inception was -98.58%, which is greater than GC=F's maximum drawdown of -44.36%. Use the drawdown chart below to compare losses from any high point for TGB and GC=F. For additional features, visit the drawdowns tool.
Volatility
TGB vs. GC=F - Volatility Comparison
Taseko Mines Limited (TGB) has a higher volatility of 25.10% compared to Gold (GC=F) at 7.26%. This indicates that TGB'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.