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USDC-USD vs. GC=F
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Key characteristics


USDC-USDGC=F
YTD Return0.01%11.47%
1Y Return0.01%13.96%
3Y Return (Ann)-0.12%7.76%
5Y Return (Ann)-0.26%10.87%
Sharpe Ratio0.041.31
Daily Std Dev0.25%13.25%
Max Drawdown-19.18%-44.36%
Current Drawdown-3.39%-4.14%

Correlation

-0.50.00.51.0-0.0

The correlation between USDC-USD and GC=F is -0.03. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Performance

USDC-USD vs. GC=F - Performance Comparison

In the year-to-date period, USDC-USD achieves a 0.01% return, which is significantly lower than GC=F's 11.47% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%20.00%40.00%60.00%80.00%100.00%December2024FebruaryMarchAprilMay
-1.17%
93.31%
USDC-USD
GC=F

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USDCoin

Gold

Risk-Adjusted Performance

USDC-USD vs. GC=F - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for USDCoin (USDC-USD) 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.


USDC-USD
Sharpe ratio
The chart of Sharpe ratio for USDC-USD, currently valued at 0.04, compared to the broader market0.002.004.006.008.0010.0012.000.04
Sortino ratio
The chart of Sortino ratio for USDC-USD, currently valued at 0.06, compared to the broader market1.002.003.004.005.000.06
Omega ratio
The chart of Omega ratio for USDC-USD, currently valued at 1.01, compared to the broader market1.101.201.301.401.501.01
Calmar ratio
The chart of Calmar ratio for USDC-USD, currently valued at 0.00, compared to the broader market2.004.006.008.0010.0012.0014.000.00
Martin ratio
The chart of Martin ratio for USDC-USD, currently valued at 0.20, compared to the broader market0.0020.0040.0060.0080.000.20
GC=F
Sharpe ratio
The chart of Sharpe ratio for GC=F, currently valued at 1.98, compared to the broader market0.002.004.006.008.0010.0012.001.98
Sortino ratio
The chart of Sortino ratio for GC=F, currently valued at 2.68, compared to the broader market1.002.003.004.005.002.68
Omega ratio
The chart of Omega ratio for GC=F, currently valued at 1.34, compared to the broader market1.101.201.301.401.501.34
Calmar ratio
The chart of Calmar ratio for GC=F, currently valued at 0.76, compared to the broader market2.004.006.008.0010.0012.0014.000.76
Martin ratio
The chart of Martin ratio for GC=F, currently valued at 11.38, compared to the broader market0.0020.0040.0060.0080.0011.38

USDC-USD vs. GC=F - Sharpe Ratio Comparison

The current USDC-USD Sharpe Ratio is 0.04, which is lower than the GC=F Sharpe Ratio of 1.31. The chart below compares the 12-month rolling Sharpe Ratio of USDC-USD and GC=F.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00December2024FebruaryMarchAprilMay
0.04
1.98
USDC-USD
GC=F

Drawdowns

USDC-USD vs. GC=F - Drawdown Comparison

The maximum USDC-USD drawdown since its inception was -19.18%, smaller than the maximum GC=F drawdown of -44.36%. Use the drawdown chart below to compare losses from any high point for USDC-USD and GC=F. For additional features, visit the drawdowns tool.


-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%December2024FebruaryMarchAprilMay
-3.39%
-4.14%
USDC-USD
GC=F

Volatility

USDC-USD vs. GC=F - Volatility Comparison

The current volatility for USDCoin (USDC-USD) is 0.10%, while Gold (GC=F) has a volatility of 4.64%. This indicates that USDC-USD experiences smaller price fluctuations and is considered to be less risky than GC=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%December2024FebruaryMarchAprilMay
0.10%
4.64%
USDC-USD
GC=F