AUMI vs. ESGB

Last updated Jun 24, 2026

AUMI (Themes Gold Miners ETF) and ESGB (IQ MacKay ESG Core Plus Bond ETF) are both exchange-traded funds - AUMI is a Gold fund tracking the Solactive Global Pure Gold Miners Index, while ESGB is a Intermediate Core-Plus Bond fund actively managed by IndexIQ. AUMI is passively managed, while ESGB is actively managed. At a 0.12 correlation, their price movements are largely independent. AUMI charges 0.35%/yr vs 0.39%/yr for ESGB.

Performance

AUMI vs. ESGB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Themes Gold Miners ETF (AUMI) and IQ MacKay ESG Core Plus Bond ETF (ESGB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AUMI

• 1D: -4.42%
• 1M: -8.75%
• YTD: -13.29%
• 6M: -17.30%
• 1Y: 42.36%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ESGB

• 1D: 0.25%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AUMI vs. ESGB - Yearly Performance Comparison

	2026 (YTD)
AUMI Themes Gold Miners ETF	-7.79%
ESGB IQ MacKay ESG Core Plus Bond ETF	-0.18%

Correlation

The correlation between AUMI and ESGB is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 4, 2026	0.12

Return for Risk

AUMI vs. ESGB — Risk / Return Rank

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

AUMI

AUMI Risk / Return Rank: 25
AUMI Sharpe Ratio Rank: 25
AUMI Sortino Ratio Rank: 25
AUMI Omega Ratio Rank: 26
AUMI Calmar Ratio Rank: 23
AUMI Martin Ratio Rank: 24

ESGB

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

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.

AUMI vs. ESGB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Themes Gold Miners ETF (AUMI) and IQ MacKay ESG Core Plus Bond ETF (ESGB). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AUMI	ESGB	Difference
Sharpe ratio: Return per unit of total volatility	0.85	—	—
Sortino ratio: Return per unit of downside risk	1.32	—	—
Omega ratio: Gain probability vs. loss probability	1.18	—	—
Calmar ratio: Return relative to maximum drawdown	1.08	—	—
Martin ratio: Return relative to average drawdown	2.97	—	—

Drawdowns

AUMI vs. ESGB - Drawdown Comparison

The maximum AUMI drawdown since its inception was -39.28%, which is greater than ESGB's maximum drawdown of -0.64%. Use the drawdown chart below to compare losses from any high point for AUMI and ESGB.

Drawdown Indicators

	AUMI	ESGB	Difference
Max Drawdown Largest peak-to-trough decline	-39.28%	-0.64%	-38.64%
Max Drawdown (1Y) Largest decline over 1 year	-39.28%	—	—
Current Drawdown Current decline from peak	-34.76%	-0.39%	-34.37%
Average Drawdown Average peak-to-trough decline	-7.57%	-0.38%	-7.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.30%	—	—

Volatility

Volatility by Period

	AUMI	ESGB	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.19%	—	—
Volatility (6M) Calculated over the trailing 6-month period	41.34%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	50.13%	4.10%	+46.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.46%	4.10%	+38.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.46%	4.10%	+38.36%

AUMI vs. ESGB - Expense Ratio Comparison

AUMI has a 0.35% expense ratio, which is lower than ESGB's 0.39% expense ratio.

Dividends

AUMI vs. ESGB - Dividend Comparison

AUMI's dividend yield for the trailing twelve months is around 1.00%, while ESGB has not paid dividends to shareholders.

Position	TTM	2025	2024
AUMI Themes Gold Miners ETF	1.00%	0.86%	1.84%
ESGB IQ MacKay ESG Core Plus Bond ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AUMI and ESGB in my portfolio?

AUMI and ESGB have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AUMI or ESGB?

On fees, AUMI 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, AUMI or ESGB?

AUMI is cheaper with a 0.35% expense ratio, compared with 0.39% for ESGB.

Which ETF pays a higher dividend yield, AUMI or ESGB?

AUMI has the higher dividend yield at 1.00%, compared with 0.00% for ESGB.

What is the main difference between AUMI and ESGB?

AUMI is categorized as Gold, while ESGB is Intermediate Core-Plus Bond. They also come from different issuers: Themes and IndexIQ. Their fees differ too: 0.35% for AUMI and 0.39% for ESGB.