ZION vs. GLDM
Compare and contrast key facts about Zions Bancorporation, National Association (ZION) 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: ZION or GLDM.
Key characteristics
| ZION | GLDM | |
|---|---|---|
| YTD Return | 36.38% | 30.07% |
| 1Y Return | 83.81% | 37.03% |
| 3Y Return (Ann) | -0.31% | 13.51% |
| 5Y Return (Ann) | 6.27% | 12.86% |
| Sharpe Ratio | 1.90 | 2.60 |
| Sortino Ratio | 2.82 | 3.43 |
| Omega Ratio | 1.34 | 1.45 |
| Calmar Ratio | 1.46 | 5.65 |
| Martin Ratio | 9.91 | 17.19 |
| Ulcer Index | 7.79% | 2.19% |
| Daily Std Dev | 40.57% | 14.43% |
| Max Drawdown | -92.20% | -21.63% |
| Current Drawdown | -13.13% | -3.66% |
Correlation
The correlation between ZION and GLDM is -0.03. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
ZION vs. GLDM - Performance Comparison
In the year-to-date period, ZION achieves a 36.38% return, which is significantly higher than GLDM's 30.07% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
ZION vs. GLDM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Zions Bancorporation, National Association (ZION) 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.
Dividends
ZION vs. GLDM - Dividend Comparison
ZION's dividend yield for the trailing twelve months is around 2.12%, while GLDM has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ZION Zions Bancorporation, National Association | 2.12% | 3.74% | 3.21% | 2.28% | 3.13% | 2.47% | 2.55% | 0.87% | 0.65% | 0.81% | 0.56% | 0.43% |
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% |
Drawdowns
ZION vs. GLDM - Drawdown Comparison
The maximum ZION drawdown since its inception was -92.20%, which is greater than GLDM's maximum drawdown of -21.63%. Use the drawdown chart below to compare losses from any high point for ZION and GLDM. For additional features, visit the drawdowns tool.
Volatility
ZION vs. GLDM - Volatility Comparison
Zions Bancorporation, National Association (ZION) has a higher volatility of 18.06% compared to SPDR Gold MiniShares Trust (GLDM) at 4.85%. This indicates that ZION'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.