VG vs. GLD

Last updated Jun 4, 2026

VG (Venture Global, Inc) is a stock, while GLD (SPDR Gold Shares) is Gold fund tracking the LBMA Gold Price PM. Over the past year, VG returned -11.76% vs 32.04% for GLD. At a 0.02 correlation, their price movements are largely independent.

Performance

VG vs. GLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Venture Global, Inc (VG) and SPDR Gold Shares (GLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VG achieves a 83.83% return, which is significantly higher than GLD's 2.92% return.

VG

• 1D: 1.21%
• 1M: -9.08%
• YTD: 83.83%
• 6M: 82.47%
• 1Y: -11.76%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GLD

• 1D: -0.99%
• 1M: -1.65%
• YTD: 2.92%
• 6M: 5.43%
• 1Y: 32.04%
• 3Y*: 31.09%
• 5Y*: 18.15%
• 10Y*: 13.12%

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

VG vs. GLD - Yearly Performance Comparison

	2026 (YTD)	2025
VG Venture Global, Inc	83.83%	-71.39%
GLD SPDR Gold Shares	2.92%	55.02%

Correlation

The correlation between VG and GLD is -0.02, 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	-0.02
Correlation (All Time) Calculated using the full available price history since Jan 27, 2025	0.02

Return for Risk

VG vs. GLD — Risk / Return Rank

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

VG

VG Risk / Return Rank: 36
VG Sharpe Ratio Rank: 35
VG Sortino Ratio Rank: 38
VG Omega Ratio Rank: 37
VG Calmar Ratio Rank: 35
VG Martin Ratio Rank: 36

GLD

GLD Risk / Return Rank: 32
GLD Sharpe Ratio Rank: 32
GLD Sortino Ratio Rank: 29
GLD Omega Ratio Rank: 35
GLD Calmar Ratio Rank: 33
GLD Martin Ratio Rank: 28

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.

VG vs. GLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Venture Global, Inc (VG) and SPDR Gold Shares (GLD). 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.

	VG	GLD	Difference
Sharpe ratio Return per unit of total volatility	-0.15	1.21	-1.36
Sortino ratio Return per unit of downside risk	0.34	1.60	-1.26
Omega ratio Gain probability vs. loss probability	1.04	1.24	-0.20
Calmar ratio Return relative to maximum drawdown	-0.17	1.68	-1.85
Martin ratio Return relative to average drawdown	-0.29	4.15	-4.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VG vs. GLD - Sharpe Ratio Comparison

The current VG Sharpe Ratio is -0.15, which is lower than the GLD Sharpe Ratio of 1.21. The chart below compares the historical Sharpe Ratios of VG and GLD, 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

	VG	GLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.15	1.21	-1.36
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.01	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.83	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.43	0.60	-1.03

Drawdowns

VG vs. GLD - Drawdown Comparison

The maximum VG drawdown since its inception was -75.16%, which is greater than GLD's maximum drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for VG and GLD.

Drawdown Indicators

	VG	GLD	Difference
Max Drawdown Largest peak-to-trough decline	-75.16%	-45.56%	-29.60%
Max Drawdown (1Y) Largest decline over 1 year	-68.73%	-19.21%	-49.52%
Max Drawdown (3Y) Largest decline over 3 years	—	-19.21%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.03%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-22.00%	—
Current Drawdown Current decline from peak	-47.40%	-17.75%	-29.65%
Average Drawdown Average peak-to-trough decline	-50.35%	-16.16%	-34.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	41.16%	7.73%	+33.43%

Volatility

VG vs. GLD - Volatility Comparison

Venture Global, Inc (VG) has a higher volatility of 23.98% compared to SPDR Gold Shares (GLD) at 5.51%. This indicates that VG's price experiences larger fluctuations and is considered to be riskier than GLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VG	GLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.98%	5.51%	+18.47%
Volatility (6M) Calculated over the trailing 6-month period	58.07%	23.16%	+34.91%
Volatility (1Y) Calculated over the trailing 1-year period	81.21%	26.61%	+54.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	88.27%	18.00%	+70.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	88.27%	15.95%	+72.32%

Dividends

VG vs. GLD - Dividend Comparison

VG's dividend yield for the trailing twelve months is around 0.55%, while GLD has not paid dividends to shareholders.

Position	TTM	2025
GLD SPDR Gold Shares	0.00%	0.00%
VG Venture Global, Inc	0.55%	0.98%

Frequently Asked Questions

Can I hold both VG and GLD in my portfolio?

VG and GLD have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VG or GLD?

VG has higher volatility (23.98%) compared to GLD (5.51%). In terms of maximum drawdown, VG dropped -75.16% vs GLD's -45.56%.

Which has better risk-adjusted returns?

GLD currently has the higher Sharpe Ratio (1.21 vs -0.15), 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.