ZURN.SW vs. GC=F

Last updated Jul 21, 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: -0.74%
• 1M: 7.57%
• 6M: 13.98%
• YTD: 8.71%
• 1Y: 17.03%
• 3Y*: 19.79%
• 5Y*: 17.24%
• 10Y*: 16.56%
• ALL TIME*: 10.35%

GC=F

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

*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	8.71%	17.58%	29.76%	4.89%	5.42%
GC=F Gold Futures	0.00%	0.00%	0.00%	0.00%	10.94%

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 Jan 31, 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: 72
ZURN.SW Sharpe Ratio Rank: 76
ZURN.SW Sortino Ratio Rank: 68
ZURN.SW Omega Ratio Rank: 71
ZURN.SW Calmar Ratio Rank: 72
ZURN.SW Martin Ratio Rank: 73

GC=F

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

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.

	ZURN.SW	GC=F	Difference
Sharpe ratio: Return per unit of total volatility	1.01	—	—
Sortino ratio: Return per unit of downside risk	1.38	—	—
Omega ratio: Gain probability vs. loss probability	1.20	—	—
Calmar ratio: Return relative to maximum drawdown	1.38	—	—
Martin ratio: Return relative to average drawdown	3.31	—	—

Drawdowns

Drawdown Indicators

	ZURN.SW	GC=F	Difference
Max Drawdown Largest peak-to-trough decline	-65.97%	—	—
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	-0.74%	—	—
Average Drawdown Average peak-to-trough decline	-12.48%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	5.18%	—	—

Volatility

Volatility by Period

	ZURN.SW	GC=F	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.26%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.95%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.12%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.00%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.16%	—	—

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.