VZLA vs. GLD
VZLA (Vizsla Silver Corp) is a stock, while GLD (SPDR Gold Shares) is Gold fund tracking the LBMA Gold Price PM. Over the past year, VZLA returned 6.99% vs 24.01% for GLD. A 0.55 correlation means they provide meaningful diversification when combined.
Performance
VZLA vs. GLD - Performance Comparison
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Returns By Period
In the year-to-date period, VZLA achieves a -35.65% return, which is significantly lower than GLD's -2.96% return.
VZLA
- 1D
- -0.85%
- 1M
- 4.45%
- YTD
- -35.65%
- 6M
- -39.10%
- 1Y
- 6.99%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GLD
- 1D
- -0.65%
- 1M
- -7.06%
- YTD
- -2.96%
- 6M
- -5.79%
- 1Y
- 24.01%
- 3Y*
- 29.23%
- 5Y*
- 18.28%
- 10Y*
- 11.80%
VZLA vs. GLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
VZLA Vizsla Silver Corp | -35.65% | 219.88% | -1.72% |
GLD SPDR Gold Shares | -2.96% | 63.68% | 10.99% |
Correlation
The correlation between VZLA and GLD is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Jun 21, 2024 | 0.55 |
The correlation between VZLA and GLD has been stable across timeframes, ranging from 0.55 to 0.59 - a consistent structural relationship.
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Return for Risk
VZLA vs. GLD — Risk / Return Rank
VZLA
GLD
VZLA vs. GLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vizsla Silver Corp (VZLA) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VZLA | GLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.77 | ||
| Sortino ratioReturn per unit of downside risk | -0.65 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.18 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.12 | 0.99 | -0.86 |
| Martin ratioReturn relative to average drawdown | 0.23 | 2.68 | -2.45 |
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Drawdowns
VZLA vs. GLD - Drawdown Comparison
The maximum VZLA drawdown since its inception was -56.27%, which is greater than GLD's maximum drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for VZLA and GLD.
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Drawdown Indicators
| VZLA | GLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.27% | -45.56% | -10.71% |
Max Drawdown (1Y)Largest decline over 1 year | -56.27% | -24.46% | -31.81% |
Max Drawdown (3Y)Largest decline over 3 years | — | -24.46% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.46% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -24.46% | — |
Current DrawdownCurrent decline from peak | -48.69% | -22.45% | -26.24% |
Average DrawdownAverage peak-to-trough decline | -16.58% | -16.16% | -0.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.93% | 8.97% | +20.96% |
Volatility
VZLA vs. GLD - Volatility Comparison
Vizsla Silver Corp (VZLA) has a higher volatility of 22.92% compared to SPDR Gold Shares (GLD) at 8.05%. This indicates that VZLA'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.
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Volatility by Period
| VZLA | GLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.92% | 8.05% | +14.87% |
Volatility (6M)Calculated over the trailing 6-month period | 52.99% | 24.31% | +28.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 67.49% | 27.56% | +39.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 63.74% | 18.22% | +45.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 63.74% | 16.10% | +47.64% |
Dividends
VZLA vs. GLD - Dividend Comparison
Neither VZLA nor GLD has paid dividends to shareholders.
Frequently Asked Questions
VZLA and GLD have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VZLA has higher volatility (22.92%) compared to GLD (8.05%). In terms of maximum drawdown, VZLA dropped -56.27% vs GLD's -45.56%.
GLD currently has the higher Sharpe Ratio (0.88 vs 0.10), 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.
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