BBDC vs. IAUM
BBDC (Barings BDC, Inc.) is a stock, while IAUM (iShares Gold Trust Micro) is Gold fund tracking the LBMA Gold Price PM. Over the past 3 years, BBDC returned 14.63%/yr vs 29.28%/yr for IAUM. At a 0.07 correlation, their price movements are largely independent.
Performance
BBDC vs. IAUM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BBDC achieves a -2.86% return, which is significantly lower than IAUM's -2.40% return.
BBDC
- 1D
- 0.00%
- 1M
- 0.43%
- YTD
- -2.86%
- 6M
- -1.25%
- 1Y
- 4.66%
- 3Y*
- 14.63%
- 5Y*
- 6.45%
- 10Y*
- —
IAUM
- 1D
- 0.10%
- 1M
- -9.51%
- YTD
- -2.40%
- 6M
- -2.08%
- 1Y
- 22.55%
- 3Y*
- 29.28%
- 5Y*
- —
- 10Y*
- —
BBDC vs. IAUM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
BBDC Barings BDC, Inc. | -2.86% | 8.84% | 23.86% | 18.53% | -18.59% | 6.37% |
IAUM iShares Gold Trust Micro | -2.40% | 64.27% | 27.04% | 13.12% | -0.49% | 3.87% |
Correlation
The correlation between BBDC and IAUM is -0.01, 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 | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Jun 29, 2021 | 0.07 |
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
BBDC vs. IAUM — Risk / Return Rank
BBDC
IAUM
BBDC vs. IAUM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Barings BDC, Inc. (BBDC) and iShares Gold Trust Micro (IAUM). 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.
| BBDC | IAUM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.68 | ||
| Sortino ratioReturn per unit of downside risk | -0.82 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.19 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.33 | 1.00 | -0.66 |
| Martin ratioReturn relative to average drawdown | 0.73 | 2.87 | -2.14 |
Loading charts...
Drawdowns
BBDC vs. IAUM - Drawdown Comparison
The maximum BBDC drawdown since its inception was -48.45%, which is greater than IAUM's maximum drawdown of -24.37%. Use the drawdown chart below to compare losses from any high point for BBDC and IAUM.
Loading charts...
Drawdown Indicators
| BBDC | IAUM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.45% | -24.37% | -24.08% |
Max Drawdown (1Y)Largest decline over 1 year | -12.28% | -24.37% | +12.09% |
Max Drawdown (3Y)Largest decline over 3 years | -24.51% | -24.37% | -0.14% |
Max Drawdown (5Y)Largest decline over 5 years | -27.55% | — | — |
Current DrawdownCurrent decline from peak | -6.42% | -21.99% | +15.57% |
Average DrawdownAverage peak-to-trough decline | -7.98% | -5.38% | -2.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.59% | 8.46% | -2.87% |
Volatility
BBDC vs. IAUM - Volatility Comparison
The current volatility for Barings BDC, Inc. (BBDC) is 6.34%, while iShares Gold Trust Micro (IAUM) has a volatility of 7.71%. This indicates that BBDC experiences smaller price fluctuations and is considered to be less risky than IAUM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BBDC | IAUM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.34% | 7.71% | -1.37% |
Volatility (6M)Calculated over the trailing 6-month period | 15.12% | 23.82% | -8.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.60% | 27.06% | -8.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.39% | 18.05% | +1.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.21% | 18.05% | +6.16% |
Dividends
BBDC vs. IAUM - Dividend Comparison
BBDC's dividend yield for the trailing twelve months is around 12.99%, while IAUM has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
BBDC Barings BDC, Inc. | 12.99% | 12.96% | 10.87% | 11.89% | 11.66% | 7.44% | 7.07% | 5.25% | 21.24% |
IAUM iShares Gold Trust Micro | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
BBDC and IAUM have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IAUM has higher volatility (7.71%) compared to BBDC (6.34%). In terms of maximum drawdown, BBDC dropped -48.45% vs IAUM's -24.37%.
IAUM currently has the higher Sharpe Ratio (0.90 vs 0.22), 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 BBDC and IAUM
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