AUAU vs. IGLD

Last updated Jun 5, 2026

AUAU (Global X Gold Miners ETF) and IGLD (FT Cboe Vest Gold Strategy Target Income ETF) are both exchange-traded funds - AUAU is a Gold fund tracking the NYSE Arca Gold Miners Index, while IGLD is a Precious Metals fund actively managed by First Trust. AUAU is passively managed, while IGLD is actively managed. Their correlation of 0.82 suggests significant overlap in exposure. AUAU charges 0.35%/yr vs 0.85%/yr for IGLD.

Performance

AUAU vs. IGLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Gold Miners ETF (AUAU) and FT Cboe Vest Gold Strategy Target Income ETF (IGLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AUAU achieves a 1.62% return, which is significantly lower than IGLD's 2.52% return.

AUAU

• 1D: 1.46%
• 1M: 0.39%
• YTD: 1.62%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IGLD

• 1D: 0.82%
• 1M: -0.97%
• YTD: 2.52%
• 6M: 5.30%
• 1Y: 25.16%
• 3Y*: 23.03%
• 5Y*: 13.20%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AUAU vs. IGLD - Yearly Performance Comparison

	2026 (YTD)	2025
AUAU Global X Gold Miners ETF	1.62%	4.18%
IGLD FT Cboe Vest Gold Strategy Target Income ETF	2.52%	2.17%

Correlation

The correlation between AUAU and IGLD is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 11, 2025	0.82

Return for Risk

AUAU vs. IGLD — Risk / Return Rank

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

IGLD

IGLD Risk / Return Rank: 30
IGLD Sharpe Ratio Rank: 31
IGLD Sortino Ratio Rank: 28
IGLD Omega Ratio Rank: 35
IGLD Calmar Ratio Rank: 30
IGLD Martin Ratio Rank: 28

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AUAU vs. IGLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Gold Miners ETF (AUAU) and FT Cboe Vest Gold Strategy Target Income ETF (IGLD). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	AUAU	IGLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.09	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.87	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	0.95	-0.70

Drawdowns

AUAU vs. IGLD - Drawdown Comparison

The maximum AUAU drawdown since its inception was -30.38%, which is greater than IGLD's maximum drawdown of -18.59%. Use the drawdown chart below to compare losses from any high point for AUAU and IGLD.

Drawdown Indicators

	AUAU	IGLD	Difference
Max Drawdown Largest peak-to-trough decline	-30.38%	-18.59%	-11.79%
Max Drawdown (1Y) Largest decline over 1 year	—	-17.56%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-17.56%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.59%	—
Current Drawdown Current decline from peak	-24.94%	-14.46%	-10.48%
Average Drawdown Average peak-to-trough decline	-12.74%	-5.25%	-7.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.49%	—

Volatility

Volatility by Period

	AUAU	IGLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.17%	—
Volatility (6M) Calculated over the trailing 6-month period	—	21.01%	—
Volatility (1Y) Calculated over the trailing 1-year period	50.70%	23.24%	+27.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.70%	15.17%	+35.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.70%	15.00%	+35.70%

AUAU vs. IGLD - Expense Ratio Comparison

AUAU has a 0.35% expense ratio, which is lower than IGLD's 0.85% expense ratio.

Dividends

AUAU vs. IGLD - Dividend Comparison

AUAU has not paid dividends to shareholders, while IGLD's dividend yield for the trailing twelve months is around 17.77%.

Position	TTM	2025	2024	2023	2022	2021
AUAU Global X Gold Miners ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IGLD FT Cboe Vest Gold Strategy Target Income ETF	17.77%	9.91%	20.81%	7.85%	4.45%	2.24%

Frequently Asked Questions

Can I hold both AUAU and IGLD in my portfolio?

AUAU and IGLD have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AUAU or IGLD?

On fees, AUAU is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AUAU or IGLD?

AUAU is cheaper with a 0.35% expense ratio, compared with 0.85% for IGLD.

Which ETF pays a higher dividend yield, AUAU or IGLD?

IGLD has the higher dividend yield at 17.77%, compared with 0.00% for AUAU.

What is the main difference between AUAU and IGLD?

AUAU is categorized as Gold, while IGLD is Precious Metals. They also come from different issuers: Global X and First Trust. Their fees differ too: 0.35% for AUAU and 0.85% for IGLD.