Global X Gold Etf Performance
| GLDX Etf | 53.60 0.06 0.11% |
The etf retains a Market Volatility (i.e., Beta) of 0.93, which attests to possible diversification benefits within a given portfolio. Global X returns are very sensitive to returns on the market. As the market goes up or down, Global X is expected to follow.
Risk-Adjusted Performance
Fair
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Global X Gold are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of very weak basic indicators, Global X displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | How to Buy Gold tokenized ETF in Guyana with Credit Card Online - Bitget | 09/29/2025 |
2 | Trading Advice - news.stocktradersdaily.com | 12/15/2025 |
Global |
Global X Relative Risk vs. Return Landscape
If you would invest 4,266 in Global X Gold on September 25, 2025 and sell it today you would earn a total of 1,094 from holding Global X Gold or generate 25.64% return on investment over 90 days. Global X Gold is generating 0.4076% of daily returns and assumes 2.9806% volatility on return distribution over the 90 days horizon. Simply put, 26% of etfs are less volatile than Global, and 92% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Global X Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global X's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Global X Gold, and traders can use it to determine the average amount a Global X's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1368
| Best Portfolio | Best Equity | |||
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| Small Returns | GLDX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.98 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.41 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Global X is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Global X by adding it to a well-diversified portfolio.
About Global X Performance
By examining Global X's fundamental ratios, stakeholders can obtain critical insights into Global X's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Global X is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Global X is entity of Canada. It is traded as Etf on TO exchange.| Latest headline from news.google.com: Trading Advice - news.stocktradersdaily.com |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global X Gold. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.