ZURN.SW vs. GC=F

Last updated Jun 5, 2026

ZURN.SW (Zurich Insurance Group AG) is a stock, while GC=F (Gold Futures) is an asset. At a correlation of -0.03, they often move in opposite directions.

Performance

ZURN.SW vs. GC=F - Performance Comparison

The chart below illustrates the hypothetical performance of a CHF 10,000 investment in Zurich Insurance Group AG (ZURN.SW) and Gold Futures (GC=F). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ZURN.SW is traded in CHF, while GC=F is traded in USD. To make them comparable, the GC=F values have been converted to CHF using the latest available exchange rates.

Returns By Period

ZURN.SW

• 1D: 0.48%
• 1M: 1.48%
• YTD: -3.81%
• 6M: 0.60%
• 1Y: -0.40%
• 3Y*: 14.33%
• 5Y*: 13.64%
• 10Y*: 15.17%

GC=F

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ZURN.SW vs. GC=F - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
ZURN.SW Zurich Insurance Group AG	-3.81%	17.58%	29.76%	4.89%	5.49%
GC=F Gold Futures	0.00%	0.00%	0.00%	0.00%	11.01%

Correlation

The correlation between ZURN.SW and GC=F is -0.03, 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 (All Time) Calculated using the full available price history since Feb 1, 2022	-0.03

Return for Risk

ZURN.SW vs. GC=F — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ZURN.SW

ZURN.SW Risk / Return Rank: 37
ZURN.SW Sharpe Ratio Rank: 40
ZURN.SW Sortino Ratio Rank: 32
ZURN.SW Omega Ratio Rank: 32
ZURN.SW Calmar Ratio Rank: 40
ZURN.SW Martin Ratio Rank: 39

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ZURN.SW vs. GC=F - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Zurich Insurance Group AG (ZURN.SW) and Gold Futures (GC=F). 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.

	ZURN.SW	GC=F	Difference
Sharpe ratio: Return per unit of total volatility	-0.03	—	—
Sortino ratio: Return per unit of downside risk	0.08	—	—
Omega ratio: Gain probability vs. loss probability	1.01	—	—
Calmar ratio: Return relative to maximum drawdown	-0.04	—	—
Martin ratio: Return relative to average drawdown	-0.09	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	ZURN.SW	GC=F	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.03	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.80	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.78	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	—	—

Drawdowns

Drawdown Indicators

	ZURN.SW	GC=F	Difference
Max Drawdown Largest peak-to-trough decline	-88.78%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-12.55%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-14.34%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-15.31%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-39.33%	—	—
Current Drawdown Current decline from peak	-4.42%	—	—
Average Drawdown Average peak-to-trough decline	-36.77%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	5.44%	—	—

Volatility

Volatility by Period

	ZURN.SW	GC=F	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.15%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.32%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.11%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.06%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.46%	—	—

Frequently Asked Questions

Can I hold both ZURN.SW and GC=F in my portfolio?

ZURN.SW and GC=F have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.