AUAU vs. SGOL

Last updated Jun 6, 2026

AUAU (Global X Gold Miners ETF) and SGOL (abrdn Physical Gold Shares ETF) are both Gold funds - AUAU tracks the NYSE Arca Gold Miners Index while SGOL tracks the LBMA Gold Price PM ($/ozt). Both are passively managed. Their correlation of 0.82 suggests significant overlap in exposure. AUAU charges 0.35%/yr vs 0.17%/yr for SGOL.

Performance

AUAU vs. SGOL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Gold Miners ETF (AUAU) and abrdn Physical Gold Shares ETF (SGOL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AUAU achieves a -6.86% return, which is significantly lower than SGOL's 0.10% return.

AUAU

• 1D: -8.34%
• 1M: -14.13%
• YTD: -6.86%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SGOL

• 1D: -3.61%
• 1M: -7.97%
• YTD: 0.10%
• 6M: 2.70%
• 1Y: 28.42%
• 3Y*: 29.85%
• 5Y*: 17.73%
• 10Y*: 13.00%

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

AUAU vs. SGOL - Yearly Performance Comparison

	2026 (YTD)	2025
AUAU Global X Gold Miners ETF	-6.86%	4.18%
SGOL abrdn Physical Gold Shares ETF	0.10%	1.88%

Correlation

The correlation between AUAU and SGOL 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. SGOL — Risk / Return Rank

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

SGOL

SGOL Risk / Return Rank: 30
SGOL Sharpe Ratio Rank: 31
SGOL Sortino Ratio Rank: 27
SGOL Omega Ratio Rank: 33
SGOL Calmar Ratio Rank: 30
SGOL Martin Ratio Rank: 27

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. SGOL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Gold Miners ETF (AUAU) and abrdn Physical Gold Shares ETF (SGOL). 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	SGOL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.07	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.99	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.82	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.12	0.54	-0.65

Drawdowns

AUAU vs. SGOL - Drawdown Comparison

The maximum AUAU drawdown since its inception was -31.20%, smaller than the maximum SGOL drawdown of -45.51%. Use the drawdown chart below to compare losses from any high point for AUAU and SGOL.

Drawdown Indicators

	AUAU	SGOL	Difference
Max Drawdown Largest peak-to-trough decline	-31.20%	-45.51%	+14.31%
Max Drawdown (1Y) Largest decline over 1 year	—	-20.02%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-20.02%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-20.92%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-21.56%	—
Current Drawdown Current decline from peak	-31.20%	-20.02%	-11.18%
Average Drawdown Average peak-to-trough decline	-12.89%	-18.41%	+5.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.88%	—

Volatility

Volatility by Period

	AUAU	SGOL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.62%	—
Volatility (6M) Calculated over the trailing 6-month period	—	23.24%	—
Volatility (1Y) Calculated over the trailing 1-year period	51.93%	26.58%	+25.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.93%	17.95%	+33.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.93%	15.95%	+35.98%

AUAU vs. SGOL - Expense Ratio Comparison

AUAU has a 0.35% expense ratio, which is higher than SGOL's 0.17% expense ratio.

Dividends

AUAU vs. SGOL - Dividend Comparison

Neither AUAU nor SGOL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both AUAU and SGOL in my portfolio?

AUAU and SGOL 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 SGOL?

On fees, SGOL is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AUAU or SGOL?

SGOL is cheaper with a 0.17% expense ratio, compared with 0.35% for AUAU.

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

AUAU and SGOL have nearly identical dividend yields, around 0.00%.

What is the main difference between AUAU and SGOL?

AUAU tracks NYSE Arca Gold Miners Index, while SGOL tracks LBMA Gold Price PM ($/ozt). They also come from different issuers: Global X and abrdn. Their fees differ too: 0.35% for AUAU and 0.17% for SGOL.