VOD vs. GLDM
Compare and contrast key facts about Vodafone Group Plc (VOD) and SPDR Gold MiniShares Trust (GLDM).
GLDM is a passively managed fund by State Street that tracks the performance of the LBMA Gold PM Price. It was launched on Jun 25, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VOD or GLDM.
Key characteristics
| VOD | GLDM | |
|---|---|---|
| YTD Return | -1.31% | 1.30% |
| 1Y Return | -8.16% | 11.12% |
| 5Y Return (Ann) | -9.58% | 9.03% |
| 10Y Return (Ann) | -5.63% | 7.42% |
| Sharpe Ratio | -0.31 | 0.80 |
| Daily Std Dev | 28.51% | 14.07% |
| Max Drawdown | -79.31% | -21.63% |
Correlation
The correlation between VOD and GLDM is 0.11, 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.
VOD vs. GLDM - Performance Comparison
In the year-to-date period, VOD achieves a -1.31% return, which is significantly lower than GLDM's 1.30% return. Over the past 10 years, VOD has underperformed GLDM with an annualized return of -5.63%, while GLDM has yielded a comparatively higher 7.42% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VOD vs. GLDM - Dividend Comparison
VOD's dividend yield for the trailing twelve months is around 10.16%, while GLDM has not paid dividends to shareholders.
| TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VOD Vodafone Group Plc | 10.16% | 9.76% | 7.87% | 7.45% | 6.35% | 12.39% | 7.68% | 14.11% | 9.00% | 34.48% | 8.61% | 13.46% |
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% |
VOD vs. GLDM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vodafone Group Plc (VOD) 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.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
VOD Vodafone Group Plc | -0.31 | ||||
GLDM SPDR Gold MiniShares Trust | 0.80 |
VOD vs. GLDM - Drawdown Comparison
The maximum VOD drawdown for the period was -50.75%, lower than the maximum GLDM drawdown of -10.89%. The drawdown chart below compares losses from any high point along the way for VOD and GLDM
VOD vs. GLDM - Volatility Comparison
Vodafone Group Plc (VOD) has a higher volatility of 6.01% compared to SPDR Gold MiniShares Trust (GLDM) at 2.43%. This indicates that VOD'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.