ACCBX vs. AAAU
Compare and contrast key facts about Invesco Corporate Bond Fund (ACCBX) and Goldman Sachs Physical Gold ETF (AAAU).
ACCBX is managed by Invesco. It was launched on Sep 23, 1971. AAAU is a passively managed fund by Goldman Sachs that tracks the performance of the LBMA Gold PM Price. It was launched on Jul 26, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ACCBX or AAAU.
Correlation
The correlation between ACCBX and AAAU is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ACCBX vs. AAAU - Performance Comparison
Key characteristics
ACCBX:
0.62
AAAU:
1.95
ACCBX:
0.91
AAAU:
2.58
ACCBX:
1.11
AAAU:
1.34
ACCBX:
0.22
AAAU:
3.56
ACCBX:
2.25
AAAU:
10.20
ACCBX:
1.54%
AAAU:
2.84%
ACCBX:
5.56%
AAAU:
14.85%
ACCBX:
-28.65%
AAAU:
-21.63%
ACCBX:
-10.89%
AAAU:
-5.98%
Returns By Period
In the year-to-date period, ACCBX achieves a 3.03% return, which is significantly lower than AAAU's 26.87% return.
ACCBX
3.03%
-0.39%
2.35%
3.79%
-0.27%
2.29%
AAAU
26.87%
-1.03%
12.79%
28.06%
11.97%
N/A
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ACCBX vs. AAAU - Expense Ratio Comparison
ACCBX has a 0.72% expense ratio, which is higher than AAAU's 0.18% expense ratio.
Risk-Adjusted Performance
ACCBX vs. AAAU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Corporate Bond Fund (ACCBX) and Goldman Sachs Physical Gold ETF (AAAU). 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.
Dividends
ACCBX vs. AAAU - Dividend Comparison
ACCBX's dividend yield for the trailing twelve months is around 5.04%, while AAAU has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACCBX Invesco Corporate Bond Fund | 5.04% | 4.53% | 3.88% | 2.84% | 3.08% | 3.66% | 4.16% | 3.57% | 3.67% | 3.91% | 3.96% | 3.94% |
AAAU Goldman Sachs Physical Gold ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ACCBX vs. AAAU - Drawdown Comparison
The maximum ACCBX drawdown since its inception was -28.65%, which is greater than AAAU's maximum drawdown of -21.63%. Use the drawdown chart below to compare losses from any high point for ACCBX and AAAU. For additional features, visit the drawdowns tool.
Volatility
ACCBX vs. AAAU - Volatility Comparison
The current volatility for Invesco Corporate Bond Fund (ACCBX) is 1.80%, while Goldman Sachs Physical Gold ETF (AAAU) has a volatility of 5.15%. This indicates that ACCBX experiences smaller price fluctuations and is considered to be less risky than AAAU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.