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 -7.08% vs 18.76% for GLD. A 0.56 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 -44.79% return, which is significantly lower than GLD's -7.36% return.
VZLA
- 1D
- -3.51%
- 1M
- -15.88%
- 6M
- -48.55%
- YTD
- -44.79%
- 1Y
- -7.08%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GLD
- 1D
- -2.62%
- 1M
- -5.02%
- 6M
- -13.05%
- YTD
- -7.36%
- 1Y
- 18.76%
- 3Y*
- 26.48%
- 5Y*
- 16.50%
- 10Y*
- 11.21%
VZLA vs. GLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
VZLA Vizsla Silver Corp | -44.79% | 219.88% | -1.72% |
GLD SPDR Gold Shares | -7.36% | 63.68% | 10.99% |
Correlation
The correlation between VZLA and GLD is 0.60, 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 | 0.60 |
Correlation (All Time) Calculated using the full available price history since Jun 21, 2024 | 0.56 |
The correlation between VZLA and GLD has been stable across timeframes, ranging from 0.56 to 0.60 - 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 | -0.78 | ||
| Sortino ratioReturn per unit of downside risk | -0.70 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.15 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.13 | 0.72 | -0.84 |
| Martin ratioReturn relative to average drawdown | -0.22 | 1.76 | -1.98 |
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Drawdowns
VZLA vs. GLD - Drawdown Comparison
The maximum VZLA drawdown since its inception was -56.85%, 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 | -56.85% | -45.56% | -11.29% |
Max Drawdown (1Y)Largest decline over 1 year | -56.85% | -26.21% | -30.64% |
Max Drawdown (3Y)Largest decline over 3 years | — | -26.21% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.21% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -26.21% | — |
Current DrawdownCurrent decline from peak | -55.98% | -25.97% | -30.01% |
Average DrawdownAverage peak-to-trough decline | -17.58% | -16.19% | -1.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 32.39% | 10.69% | +21.70% |
Volatility
VZLA vs. GLD - Volatility Comparison
Vizsla Silver Corp (VZLA) has a higher volatility of 18.10% compared to SPDR Gold Shares (GLD) at 7.58%. 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 | 18.10% | 7.58% | +10.52% |
Volatility (6M)Calculated over the trailing 6-month period | 52.81% | 24.18% | +28.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 67.35% | 27.96% | +39.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 63.74% | 18.39% | +45.35% |
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 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VZLA has higher volatility (18.10%) compared to GLD (7.58%). In terms of maximum drawdown, VZLA dropped -56.85% vs GLD's -45.56%.
GLD currently has the higher Sharpe Ratio (0.68 vs -0.11), 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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