BGLD vs. IAUM
Compare and contrast key facts about FT Cboe Vest Gold Strategy Quarterly Buffer ETF (BGLD) and iShares Gold Trust Micro ETF of Benef Interest (IAUM).
BGLD and IAUM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BGLD is an actively managed fund by First Trust. It was launched on Jan 20, 2021. IAUM is a passively managed fund by iShares that tracks the performance of the LBMA Gold Price PM ($/ozt). It was launched on Jun 15, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BGLD or IAUM.
Correlation
The correlation between BGLD and IAUM is 0.88, 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.
Performance
BGLD vs. IAUM - Performance Comparison
Key characteristics
BGLD:
2.28
IAUM:
1.95
BGLD:
3.05
IAUM:
2.58
BGLD:
1.44
IAUM:
1.34
BGLD:
4.55
IAUM:
3.60
BGLD:
18.10
IAUM:
10.07
BGLD:
1.30%
IAUM:
2.90%
BGLD:
10.34%
IAUM:
14.97%
BGLD:
-16.19%
IAUM:
-20.87%
BGLD:
-1.81%
IAUM:
-5.36%
Returns By Period
The year-to-date returns for both stocks are quite close, with BGLD having a 0.60% return and IAUM slightly lower at 0.57%.
BGLD
0.60%
-0.26%
10.90%
23.46%
N/A
N/A
IAUM
0.57%
-0.45%
10.40%
29.02%
N/A
N/A
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BGLD vs. IAUM - Expense Ratio Comparison
BGLD has a 0.90% expense ratio, which is higher than IAUM's 0.15% expense ratio.
Risk-Adjusted Performance
BGLD vs. IAUM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest Gold Strategy Quarterly Buffer ETF (BGLD) and iShares Gold Trust Micro ETF of Benef Interest (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.
Dividends
BGLD vs. IAUM - Dividend Comparison
BGLD's dividend yield for the trailing twelve months is around 24.89%, while IAUM has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
BGLD FT Cboe Vest Gold Strategy Quarterly Buffer ETF | 24.89% | 25.04% | 10.49% | 0.40% |
IAUM iShares Gold Trust Micro ETF of Benef Interest | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BGLD vs. IAUM - Drawdown Comparison
The maximum BGLD drawdown since its inception was -16.19%, smaller than the maximum IAUM drawdown of -20.87%. Use the drawdown chart below to compare losses from any high point for BGLD and IAUM. For additional features, visit the drawdowns tool.
Volatility
BGLD vs. IAUM - Volatility Comparison
The current volatility for FT Cboe Vest Gold Strategy Quarterly Buffer ETF (BGLD) is 3.29%, while iShares Gold Trust Micro ETF of Benef Interest (IAUM) has a volatility of 4.19%. This indicates that BGLD 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.