^SGIXGD5L vs. GC=F
Compare and contrast key facts about The Gold x5 Leveraged Index (^SGIXGD5L) and Gold (GC=F).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^SGIXGD5L or GC=F.
Correlation
The correlation between ^SGIXGD5L and GC=F is 0.02, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
^SGIXGD5L vs. GC=F - Performance Comparison
Key characteristics
Returns By Period
^SGIXGD5L
N/A
N/A
N/A
N/A
N/A
N/A
GC=F
26.29%
11.86%
23.05%
43.52%
12.55%
9.51%
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Risk-Adjusted Performance
^SGIXGD5L vs. GC=F — Risk-Adjusted Performance Rank
^SGIXGD5L
GC=F
^SGIXGD5L vs. GC=F - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Gold x5 Leveraged Index (^SGIXGD5L) and Gold (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.
Drawdowns
^SGIXGD5L vs. GC=F - Drawdown Comparison
Volatility
^SGIXGD5L vs. GC=F - Volatility Comparison
The current volatility for The Gold x5 Leveraged Index (^SGIXGD5L) is 0.00%, while Gold (GC=F) has a volatility of 9.54%. This indicates that ^SGIXGD5L experiences smaller price fluctuations and is considered to be less risky than GC=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.