USDT-USD vs. GOLD
Compare and contrast key facts about Tether (USDT-USD) and Barrick Gold Corporation (GOLD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: USDT-USD or GOLD.
Correlation
The correlation between USDT-USD and GOLD is 0.02, 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
USDT-USD vs. GOLD - Performance Comparison
Key characteristics
USDT-USD:
-0.32
GOLD:
-0.35
USDT-USD:
-0.47
GOLD:
-0.27
USDT-USD:
0.96
GOLD:
0.97
USDT-USD:
0.00
GOLD:
-0.17
USDT-USD:
-2.13
GOLD:
-1.00
USDT-USD:
0.11%
GOLD:
11.66%
USDT-USD:
0.64%
GOLD:
33.63%
USDT-USD:
-10.32%
GOLD:
-88.52%
USDT-USD:
-7.34%
GOLD:
-64.43%
Returns By Period
In the year-to-date period, USDT-USD achieves a -0.10% return, which is significantly higher than GOLD's -12.28% return.
USDT-USD
-0.10%
-0.22%
-0.07%
-0.22%
-0.12%
N/A
GOLD
-12.28%
-14.43%
-6.30%
-12.62%
-0.65%
5.82%
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Risk-Adjusted Performance
USDT-USD vs. GOLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tether (USDT-USD) and Barrick Gold Corporation (GOLD). 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
USDT-USD vs. GOLD - Drawdown Comparison
The maximum USDT-USD drawdown since its inception was -10.32%, smaller than the maximum GOLD drawdown of -88.52%. Use the drawdown chart below to compare losses from any high point for USDT-USD and GOLD. For additional features, visit the drawdowns tool.
Volatility
USDT-USD vs. GOLD - Volatility Comparison
The current volatility for Tether (USDT-USD) is 0.29%, while Barrick Gold Corporation (GOLD) has a volatility of 8.92%. This indicates that USDT-USD experiences smaller price fluctuations and is considered to be less risky than GOLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.