BAR vs. MINT
BAR (GraniteShares Gold Trust) and MINT (PIMCO Enhanced Short Maturity Active ETF) are both exchange-traded funds - BAR is a Gold fund tracking the LBMA Gold Price PM ($/ozt), while MINT is a Ultrashort Bond fund actively managed by PIMCO. BAR is passively managed, while MINT is actively managed. Over the past 5 years, BAR returned 18.41%/yr vs 3.47%/yr for MINT. At a 0.12 correlation, their price movements are largely independent. BAR charges 0.17%/yr vs 0.36%/yr for MINT.
Performance
BAR vs. MINT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BAR achieves a 2.94% return, which is significantly higher than MINT's 1.81% return.
BAR
- 1D
- -1.02%
- 1M
- -1.62%
- YTD
- 2.94%
- 6M
- 5.50%
- 1Y
- 32.26%
- 3Y*
- 31.38%
- 5Y*
- 18.41%
- 10Y*
- —
MINT
- 1D
- 0.00%
- 1M
- 0.36%
- YTD
- 1.81%
- 6M
- 2.20%
- 1Y
- 4.67%
- 3Y*
- 5.41%
- 5Y*
- 3.47%
- 10Y*
- 2.70%
BAR vs. MINT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BAR GraniteShares Gold Trust | 2.94% | 64.12% | 26.97% | 12.96% | -0.55% | -3.92% | 25.02% | 18.16% | -1.87% | -1.15% |
MINT PIMCO Enhanced Short Maturity Active ETF | 1.81% | 4.74% | 5.94% | 6.26% | -1.01% | -0.03% | 1.62% | 3.34% | 1.72% | 0.51% |
Correlation
The correlation between BAR and MINT is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Sep 1, 2017 | 0.12 |
The correlation between BAR and MINT shifts across timeframes, from -0.08 (1 year) to 0.12 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BAR vs. MINT — Risk / Return Rank
BAR
MINT
BAR vs. MINT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares Gold Trust (BAR) and PIMCO Enhanced Short Maturity Active ETF (MINT). 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.
| BAR | MINT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -15.87 | ||
| Sortino ratioReturn per unit of downside risk | -63.92 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 20.53 | -19.28 |
| Calmar ratioReturn relative to maximum drawdown | 1.69 | 94.30 | -92.61 |
| Martin ratioReturn relative to average drawdown | 4.19 | 939.26 | -935.06 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| BAR | MINT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.23 | 17.09 | -15.87 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.03 | 5.99 | -4.96 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 2.87 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.90 | 2.47 | -1.57 |
Drawdowns
BAR vs. MINT - Drawdown Comparison
The maximum BAR drawdown since its inception was -21.53%, which is greater than MINT's maximum drawdown of -4.62%. Use the drawdown chart below to compare losses from any high point for BAR and MINT.
Loading charts...
Drawdown Indicators
| BAR | MINT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.53% | -4.62% | -16.91% |
Max Drawdown (1Y)Largest decline over 1 year | -19.19% | -0.05% | -19.14% |
Max Drawdown (3Y)Largest decline over 3 years | -19.19% | -0.16% | -19.03% |
Max Drawdown (5Y)Largest decline over 5 years | -20.91% | -2.42% | -18.49% |
Max Drawdown (10Y)Largest decline over 10 years | — | -4.62% | — |
Current DrawdownCurrent decline from peak | -17.72% | 0.00% | -17.72% |
Average DrawdownAverage peak-to-trough decline | -6.45% | -0.17% | -6.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.72% | 0.00% | +7.72% |
Volatility
BAR vs. MINT - Volatility Comparison
GraniteShares Gold Trust (BAR) has a higher volatility of 5.46% compared to PIMCO Enhanced Short Maturity Active ETF (MINT) at 0.09%. This indicates that BAR's price experiences larger fluctuations and is considered to be riskier than MINT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BAR | MINT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.46% | 0.09% | +5.37% |
Volatility (6M)Calculated over the trailing 6-month period | 23.03% | 0.20% | +22.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.43% | 0.27% | +26.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.90% | 0.58% | +17.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.38% | 0.95% | +15.43% |
BAR vs. MINT - Expense Ratio Comparison
BAR has a 0.17% expense ratio, which is lower than MINT's 0.36% expense ratio.
Dividends
BAR vs. MINT - Dividend Comparison
BAR has not paid dividends to shareholders, while MINT's dividend yield for the trailing twelve months is around 4.28%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BAR GraniteShares Gold Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MINT PIMCO Enhanced Short Maturity Active ETF | 4.28% | 4.63% | 5.22% | 4.91% | 1.90% | 0.44% | 1.15% | 2.65% | 2.32% | 1.61% | 1.35% | 0.88% |
Frequently Asked Questions
BAR and MINT have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BAR has higher volatility (5.46%) compared to MINT (0.09%). In terms of maximum drawdown, BAR dropped -21.53% vs MINT's -4.62%.
On 5-year performance, BAR leads with 18.41% vs 3.47% for MINT. On fees, BAR is cheaper at 0.17% per year. On volatility, MINT has been the lower-risk option at 0.09%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, BAR has performed better with a 18.41% return vs 3.47%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BAR is cheaper with a 0.17% expense ratio, compared with 0.36% for MINT.
MINT has the higher dividend yield at 4.28%, compared with 0.00% for BAR.
BAR is categorized as Gold, while MINT is Ultrashort Bond. They also come from different issuers: GraniteShares and PIMCO. Their fees differ too: 0.17% for BAR and 0.36% for MINT.
MINT currently has the higher Sharpe Ratio (17.09 vs 1.23), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for BAR and MINT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer