VUL.AX vs. GOLD.AS
VUL.AX (Vulcan Energy Resources Limited) is a stock, while GOLD.AS (Amundi Physical Gold ETC C) is Precious Metals fund tracking the LMBA Gold Price PM USD. Over the past 5 years, VUL.AX returned -15.48%/yr vs 20.66%/yr for GOLD.AS. At a 0.02 correlation, their price movements are largely independent.
Performance
VUL.AX vs. GOLD.AS - Performance Comparison
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Different Trading Currencies
VUL.AX is traded in AUD, while GOLD.AS is traded in USD. To make them comparable, the GOLD.AS values have been converted to AUD using the latest available exchange rates.
Returns By Period
In the year-to-date period, VUL.AX achieves a -20.41% return, which is significantly lower than GOLD.AS's -2.75% return.
VUL.AX
- 1D
- -8.59%
- 1M
- -4.10%
- YTD
- -20.41%
- 6M
- -14.39%
- 1Y
- -9.54%
- 3Y*
- -2.35%
- 5Y*
- -15.48%
- 10Y*
- —
GOLD.AS
- 1D
- 0.97%
- 1M
- -1.34%
- YTD
- -2.75%
- 6M
- -1.43%
- 1Y
- 20.82%
- 3Y*
- 28.46%
- 5Y*
- 20.66%
- 10Y*
- —
VUL.AX vs. GOLD.AS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
VUL.AX Vulcan Energy Resources Limited | -20.41% | -17.57% | 87.72% | -54.98% | -39.13% | 276.81% | 1,680.65% | 6.90% |
GOLD.AS Amundi Physical Gold ETC C | -2.75% | 52.96% | 39.08% | 13.44% | 6.47% | 1.53% | 13.39% | 16.42% |
Correlation
The correlation between VUL.AX and GOLD.AS is 0.06, 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 | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since May 24, 2019 | 0.02 |
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Return for Risk
VUL.AX vs. GOLD.AS — Risk / Return Rank
VUL.AX
GOLD.AS
VUL.AX vs. GOLD.AS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vulcan Energy Resources Limited (VUL.AX) and Amundi Physical Gold ETC C (GOLD.AS). 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.
| VUL.AX | GOLD.AS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.02 | ||
| Sortino ratioReturn per unit of downside risk | -0.92 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.18 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.15 | 1.20 | -1.35 |
| Martin ratioReturn relative to average drawdown | -0.26 | 2.91 | -3.17 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VUL.AX | GOLD.AS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.13 | 0.89 | -1.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.22 | 1.22 | -1.43 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 1.12 | -0.67 |
Drawdowns
VUL.AX vs. GOLD.AS - Drawdown Comparison
The maximum VUL.AX drawdown since its inception was -87.55%, which is greater than GOLD.AS's maximum drawdown of -22.92%. Use the drawdown chart below to compare losses from any high point for VUL.AX and GOLD.AS.
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Drawdown Indicators
| VUL.AX | GOLD.AS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.55% | -22.92% | -64.63% |
Max Drawdown (1Y)Largest decline over 1 year | -61.57% | -17.16% | -44.41% |
Max Drawdown (3Y)Largest decline over 3 years | -64.50% | -17.16% | -47.34% |
Max Drawdown (5Y)Largest decline over 5 years | -87.55% | -17.16% | -70.39% |
Current DrawdownCurrent decline from peak | -77.92% | -16.17% | -61.75% |
Average DrawdownAverage peak-to-trough decline | -49.31% | -6.33% | -42.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 36.36% | 7.10% | +29.26% |
Volatility
VUL.AX vs. GOLD.AS - Volatility Comparison
Vulcan Energy Resources Limited (VUL.AX) has a higher volatility of 16.92% compared to Amundi Physical Gold ETC C (GOLD.AS) at 5.20%. This indicates that VUL.AX's price experiences larger fluctuations and is considered to be riskier than GOLD.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VUL.AX | GOLD.AS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.92% | 5.20% | +11.72% |
Volatility (6M)Calculated over the trailing 6-month period | 46.96% | 20.12% | +26.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 71.76% | 23.20% | +48.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 70.56% | 16.71% | +53.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 81.20% | 16.46% | +64.74% |
Dividends
VUL.AX vs. GOLD.AS - Dividend Comparison
Neither VUL.AX nor GOLD.AS has paid dividends to shareholders.
Frequently Asked Questions
VUL.AX and GOLD.AS have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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