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^XAU vs. ^DXY
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between ^XAU and ^DXY is -0.01. 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.


-0.50.00.51.0
Correlation: -0.0

Performance

^XAU vs. ^DXY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Philadelphia Gold and Silver Index (^XAU) and US Dollar Currency Index (^DXY). The values are adjusted to include any dividend payments, if applicable.

-20.00%0.00%20.00%40.00%60.00%80.00%NovemberDecember2025FebruaryMarchApril
73.69%
-25.48%
^XAU
^DXY

Key characteristics

Sharpe Ratio

^XAU:

1.31

^DXY:

-0.75

Sortino Ratio

^XAU:

1.83

^DXY:

-0.93

Omega Ratio

^XAU:

1.24

^DXY:

0.88

Calmar Ratio

^XAU:

1.06

^DXY:

-0.13

Martin Ratio

^XAU:

4.68

^DXY:

-1.49

Ulcer Index

^XAU:

9.52%

^DXY:

3.49%

Daily Std Dev

^XAU:

34.10%

^DXY:

6.92%

Max Drawdown

^XAU:

-83.04%

^DXY:

-56.70%

Current Drawdown

^XAU:

-17.28%

^DXY:

-39.54%

Returns By Period

In the year-to-date period, ^XAU achieves a 38.06% return, which is significantly higher than ^DXY's -8.20% return. Over the past 10 years, ^XAU has outperformed ^DXY with an annualized return of 10.24%, while ^DXY has yielded a comparatively lower 0.26% annualized return.


^XAU

YTD

38.06%

1M

6.93%

6M

11.77%

1Y

42.34%

5Y*

10.05%

10Y*

10.24%

^DXY

YTD

-8.20%

1M

-4.41%

6M

-4.29%

1Y

-5.92%

5Y*

-0.14%

10Y*

0.26%

*Annualized

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Risk-Adjusted Performance

^XAU vs. ^DXY — Risk-Adjusted Performance Rank

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

^XAU
The Risk-Adjusted Performance Rank of ^XAU is 9595
Overall Rank
The Sharpe Ratio Rank of ^XAU is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of ^XAU is 9797
Sortino Ratio Rank
The Omega Ratio Rank of ^XAU is 9696
Omega Ratio Rank
The Calmar Ratio Rank of ^XAU is 9292
Calmar Ratio Rank
The Martin Ratio Rank of ^XAU is 9595
Martin Ratio Rank

^DXY
The Risk-Adjusted Performance Rank of ^DXY is 77
Overall Rank
The Sharpe Ratio Rank of ^DXY is 33
Sharpe Ratio Rank
The Sortino Ratio Rank of ^DXY is 33
Sortino Ratio Rank
The Omega Ratio Rank of ^DXY is 33
Omega Ratio Rank
The Calmar Ratio Rank of ^DXY is 2020
Calmar Ratio Rank
The Martin Ratio Rank of ^DXY is 44
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

^XAU vs. ^DXY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Philadelphia Gold and Silver Index (^XAU) and US Dollar Currency Index (^DXY). 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.


The chart of Sharpe ratio for ^XAU, currently valued at 1.21, compared to the broader market-0.500.000.501.001.50
^XAU: 1.21
^DXY: -0.75
The chart of Sortino ratio for ^XAU, currently valued at 1.74, compared to the broader market-1.000.001.002.00
^XAU: 1.74
^DXY: -0.93
The chart of Omega ratio for ^XAU, currently valued at 1.23, compared to the broader market0.901.001.101.201.30
^XAU: 1.23
^DXY: 0.88
The chart of Calmar ratio for ^XAU, currently valued at 0.98, compared to the broader market-0.500.000.501.00
^XAU: 0.98
^DXY: -0.13
The chart of Martin ratio for ^XAU, currently valued at 4.19, compared to the broader market-2.000.002.004.006.00
^XAU: 4.19
^DXY: -1.49

The current ^XAU Sharpe Ratio is 1.31, which is higher than the ^DXY Sharpe Ratio of -0.75. The chart below compares the historical Sharpe Ratios of ^XAU and ^DXY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.50-1.00-0.500.000.501.001.502.00NovemberDecember2025FebruaryMarchApril
1.21
-0.75
^XAU
^DXY

Drawdowns

^XAU vs. ^DXY - Drawdown Comparison

The maximum ^XAU drawdown since its inception was -83.04%, which is greater than ^DXY's maximum drawdown of -56.70%. Use the drawdown chart below to compare losses from any high point for ^XAU and ^DXY. For additional features, visit the drawdowns tool.


-40.00%-35.00%-30.00%-25.00%-20.00%-15.00%NovemberDecember2025FebruaryMarchApril
-17.28%
-39.54%
^XAU
^DXY

Volatility

^XAU vs. ^DXY - Volatility Comparison

Philadelphia Gold and Silver Index (^XAU) has a higher volatility of 16.34% compared to US Dollar Currency Index (^DXY) at 3.47%. This indicates that ^XAU's price experiences larger fluctuations and is considered to be riskier than ^DXY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%NovemberDecember2025FebruaryMarchApril
16.34%
3.47%
^XAU
^DXY