GLD correlations (SPDR Gold Shares)
Which assets move with GLD and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.
Data as of 2026-08-27 · refreshed every trading day · Commodities
Volatility (ann.)
18.7%
3y weekly
Beta vs S&P 500
0.18
3y weekly
1-year return
+35.1%
price, adjusted
5-year return
+149.5%
price, adjusted
Max drawdown
-26.4%
3y, daily closes
GLD over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with GLD
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| BAR | GraniteShares Gold Trust Shares of Beneficial Interest | 1.00 | |
| DGP | DB Gold Double Long ETN due February 15, 2038 | 0.99 | |
| GDX | VanEck Gold Miners ETF | 0.85 | |
| AEM | Agnico Eagle Mines Limited | 0.83 | |
| ASA | ASA Gold and Precious Metals Limited | 0.82 | |
| AGI | Alamos Gold Inc. Class A | 0.79 | |
| WPM | Wheaton Precious Metals Corp | 0.79 | |
| AU | AngloGold Ashanti PLC | 0.78 | |
| SLV | iShares Silver Trust | 0.77 | |
| KGC | Kinross Gold Corporation | 0.76 | |
| RGLD | Royal Gold, Inc. | 0.75 | |
| GGN | GAMCO Global Gold, Natural Resources & Income Trust | 0.75 | |
| IAG | Iamgold Corporation | 0.75 | |
| CGAU | Centerra Gold Inc. | 0.75 | |
| B | Barrick Mining Corporation | 0.75 |
Best diversifiers for GLD
The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from GLD.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| DGZ | DB Gold Short ETN due February 15, 2038 | -0.54 | |
| DZZ | DB Gold Double Short ETN due February 15, 2038 | -0.34 | |
| BBSI | Barrett Business Services, Inc. | -0.22 | |
| FG | F&G Annuities & Life, Inc. | -0.21 | |
| TLYS | Tilly's, Inc. | -0.21 | |
| SVCO | Silvaco Group, Inc. | -0.20 | |
| MACI | Melar Acquisition Corp. I - Class A | -0.20 | |
| LNG | Cheniere Energy, Inc. | -0.18 | |
| PARR | Par Pacific Holdings, Inc. | -0.18 | |
| DGICB | Donegal Group, Inc. | -0.18 |
GLD vs benchmarks
GLD vs its peers
Get GLD data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/gld.jsonCorrelations, diversifiers, beta and volatility for GLD, plus one endpoint per pair. API documentation.
