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BAR vs. IAU
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

BAR vs. IAU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares Gold Shares (BAR) and iShares Gold Trust (IAU). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
13.50%
13.53%
BAR
IAU

Returns By Period

The year-to-date returns for both stocks are quite close, with BAR having a 28.20% return and IAU slightly lower at 28.18%.


BAR

YTD

28.20%

1M

-2.68%

6M

11.14%

1Y

32.29%

5Y (annualized)

12.44%

10Y (annualized)

N/A

IAU

YTD

28.18%

1M

-2.63%

6M

11.20%

1Y

32.25%

5Y (annualized)

12.48%

10Y (annualized)

8.03%

Key characteristics


BARIAU
Sharpe Ratio2.282.27
Sortino Ratio3.043.02
Omega Ratio1.391.39
Calmar Ratio4.194.14
Martin Ratio13.5113.43
Ulcer Index2.49%2.51%
Daily Std Dev14.75%14.84%
Max Drawdown-21.53%-45.14%
Current Drawdown-4.98%-4.98%

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BAR vs. IAU - Expense Ratio Comparison

BAR has a 0.17% expense ratio, which is lower than IAU's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


IAU
iShares Gold Trust
Expense ratio chart for IAU: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%
Expense ratio chart for BAR: current value at 0.17% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.17%

Correlation

-0.50.00.51.01.0

The correlation between BAR and IAU is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Risk-Adjusted Performance

BAR vs. IAU - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares Gold Shares (BAR) and iShares Gold Trust (IAU). 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.


Sharpe ratio
The chart of Sharpe ratio for BAR, currently valued at 2.28, compared to the broader market0.002.004.002.282.27
The chart of Sortino ratio for BAR, currently valued at 3.04, compared to the broader market-2.000.002.004.006.008.0010.0012.003.043.02
The chart of Omega ratio for BAR, currently valued at 1.39, compared to the broader market0.501.001.502.002.503.001.391.39
The chart of Calmar ratio for BAR, currently valued at 4.19, compared to the broader market0.005.0010.0015.004.194.14
The chart of Martin ratio for BAR, currently valued at 13.51, compared to the broader market0.0020.0040.0060.0080.00100.0013.5113.43
BAR
IAU

The current BAR Sharpe Ratio is 2.28, which is comparable to the IAU Sharpe Ratio of 2.27. The chart below compares the historical Sharpe Ratios of BAR and IAU, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.28
2.27
BAR
IAU

Dividends

BAR vs. IAU - Dividend Comparison

Neither BAR nor IAU has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

BAR vs. IAU - Drawdown Comparison

The maximum BAR drawdown since its inception was -21.53%, smaller than the maximum IAU drawdown of -45.14%. Use the drawdown chart below to compare losses from any high point for BAR and IAU. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-4.98%
-4.98%
BAR
IAU

Volatility

BAR vs. IAU - Volatility Comparison

GraniteShares Gold Shares (BAR) and iShares Gold Trust (IAU) have volatilities of 5.65% and 5.67%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
5.65%
5.67%
BAR
IAU