GLDG vs SPY
Comparison between GoldMining Inc (GLDG, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceSPY has outperformed GLDG, delivering a return of +13.4% compared to -9.6%
GLDG vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap / Net Assets
GLDG
$181M
Winner
SPY
$784B
Expense Ratio
GLDG
N/A
SPY
0.09%
Max Drawdown
GLDG
81.97%
Winner
SPY
56.47%
Sharpe Ratio
GLDG
0.58
Winner
SPY
1.56
5Y Beta
Winner
GLDG
0.78
SPY
1.00
Industry
GLDG
Gold
SPY
N/A
P/E Ratio
Winner
GLDG
-15.83
SPY
28.29
Forward P/E
GLDG
N/A
SPY
21.75
PEG Ratio
GLDG
0.00
SPY
N/A
5Y Dividends CAGR
GLDG
N/A
SPY
5.43%
5Y EPS CAGR
GLDG
-2.92%
Winner
SPY
25.98%
Debt to Equity
Winner
GLDG
0.11%
SPY
30.79%
Free Cash Flow Yield
GLDG
-13.66%
SPY
N/A
P/S Ratio
GLDG
N/A
SPY
3.79
P/B Ratio
Winner
GLDG
1.12
SPY
5.67
GLDG vs SPY - Historical Returns
Returns include dividend reinvestment.
1M
GLDG
-21.91%
Winner
SPY
+0.48%
3M
GLDG
-34.49%
Winner
SPY
+11.67%
6M
GLDG
-30.28%
Winner
SPY
+9.42%
1Y
Winner
GLDG
+28.43%
SPY
+24.27%
5Y(CAGR)
GLDG
-9.63%
Winner
SPY
+13.36%
10Y(CAGR)
GLDG
-5.62%
Winner
SPY
+15.42%
Max(CAGR)
GLDG
-1.18%
Winner
SPY
+8.49%
GLDG vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | GLDG | SPY |
|---|---|---|
| 2026 | -21.91% | +8.88% |
| 2025 | +50.08% | +18.00% |
| 2024 | -14.78% | +25.59% |
| 2023 | -9.80% | +26.72% |
| 2022 | -17.52% | -18.64% |
| 2021 | -48.50% | +30.52% |
| 2020 | +105.66% | +17.28% |
| 2019 | +73.88% | +31.09% |
| 2018 | -47.71% | -5.24% |
| 2017 | -31.58% | +20.78% |
| 2016 | +363.86% | +13.59% |
| 2015 | -27.41% | +1.31% |
| 2014 | +1.79% | +14.56% |
| 2013 | -59.99% | +29.00% |
| 2012 | -7.26% | +14.17% |
| 2011 | -0.94% | +0.85% |
| 2010 | N/A | +13.14% |
| 2009 | N/A | +22.67% |
| 2008 | N/A | -36.25% |
| 2007 | N/A | +5.32% |
| 2006 | N/A | +13.85% |
| 2005 | N/A | +5.32% |
| 2004 | N/A | +10.75% |
| 2003 | N/A | +24.18% |
| 2002 | N/A | -22.42% |
| 2001 | N/A | -10.13% |
| 2000 | N/A | -8.84% |
| 1999 | N/A | +8.61% |
GLDG vs SPY Drawdown Comparison
The maximum drawdown for GLDG was -81.97%, occurring on Jan 20, 2016. Recovery took 1054 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current GLDG drawdown is -66.34%. The current SPY drawdown is -2.35%.
| Rank | GLDG | SPY |
|---|---|---|
| #1 | -81.97% Mar 22, 2012 - Jun 10, 2016 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -77.95% Sep 22, 2016 - Aug 20, 2020 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -75.24% Sep 1, 2020 - Jun 20, 2025 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -32.76% Jul 6, 2016 - Sep 20, 2016 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -29.37% Jul 27, 2011 - Feb 10, 2012 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -13.86% Jun 15, 2016 - Jun 29, 2016 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -10.52% Aug 21, 2020 - Aug 31, 2020 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -10.40% Feb 10, 2012 - Mar 22, 2012 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -0.73% Jul 5, 2011 - Jul 11, 2011 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | N/A | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | N/A | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | N/A | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | N/A | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | N/A | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | N/A | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between GLDG and SPY is 0.12 which considered as a very weak or no correlation - the stocks move independently of each other.
0.12
-101
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