^TNX vs. XAU.TO
Compare and contrast key facts about Treasury Yield 10 Years (^TNX) and Goldmoney Inc. (XAU.TO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^TNX or XAU.TO.
Key characteristics
^TNX | XAU.TO | |
---|---|---|
YTD Return | 8.17% | 30.22% |
1Y Return | -15.07% | 19.09% |
3Y Return (Ann) | 36.49% | -7.65% |
5Y Return (Ann) | 18.99% | -1.20% |
10Y Return (Ann) | 6.31% | 218.51% |
Sharpe Ratio | -0.68 | 0.59 |
Sortino Ratio | -0.89 | 1.14 |
Omega Ratio | 0.91 | 1.14 |
Calmar Ratio | -0.29 | 0.24 |
Martin Ratio | -1.00 | 1.86 |
Ulcer Index | 16.10% | 10.97% |
Daily Std Dev | 23.77% | 34.58% |
Max Drawdown | -93.78% | -83.45% |
Current Drawdown | -47.87% | -73.90% |
Correlation
The correlation between ^TNX and XAU.TO 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
^TNX vs. XAU.TO - Performance Comparison
In the year-to-date period, ^TNX achieves a 8.17% return, which is significantly lower than XAU.TO's 30.22% return. Over the past 10 years, ^TNX has underperformed XAU.TO with an annualized return of 6.31%, while XAU.TO has yielded a comparatively higher 218.51% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
^TNX vs. XAU.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Treasury Yield 10 Years (^TNX) and Goldmoney Inc. (XAU.TO). 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
^TNX vs. XAU.TO - Drawdown Comparison
The maximum ^TNX drawdown since its inception was -93.78%, which is greater than XAU.TO's maximum drawdown of -83.45%. Use the drawdown chart below to compare losses from any high point for ^TNX and XAU.TO. For additional features, visit the drawdowns tool.
Volatility
^TNX vs. XAU.TO - Volatility Comparison
The current volatility for Treasury Yield 10 Years (^TNX) is 5.90%, while Goldmoney Inc. (XAU.TO) has a volatility of 8.66%. This indicates that ^TNX experiences smaller price fluctuations and is considered to be less risky than XAU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.