BLNDX vs. IAU
Compare and contrast key facts about Standpoint Multi-Asset Fund Institutional (BLNDX) and iShares Gold Trust (IAU).
BLNDX is managed by Ultimus Fund. It was launched on Dec 30, 2019. IAU is a passively managed fund by iShares that tracks the performance of the Gold Bullion. It was launched on Jan 28, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BLNDX or IAU.
Key characteristics
| BLNDX | IAU | |
|---|---|---|
| YTD Return | 12.34% | 13.02% |
| 1Y Return | 16.53% | 17.06% |
| 3Y Return (Ann) | 9.51% | 9.19% |
| Sharpe Ratio | 1.69 | 1.34 |
| Daily Std Dev | 9.97% | 12.28% |
| Max Drawdown | -9.33% | -45.14% |
| Current Drawdown | -2.15% | -2.37% |
Correlation
The correlation between BLNDX and IAU is 0.14, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BLNDX vs. IAU - Performance Comparison
In the year-to-date period, BLNDX achieves a 12.34% return, which is significantly lower than IAU's 13.02% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BLNDX vs. IAU - Expense Ratio Comparison
BLNDX has a 1.27% expense ratio, which is higher than IAU's 0.25% expense ratio.
Risk-Adjusted Performance
BLNDX vs. IAU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Standpoint Multi-Asset Fund Institutional (BLNDX) 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.
Dividends
BLNDX vs. IAU - Dividend Comparison
BLNDX's dividend yield for the trailing twelve months is around 3.30%, while IAU has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
BLNDX Standpoint Multi-Asset Fund Institutional | 3.30% | 3.71% | 2.67% | 6.11% | 1.21% |
IAU iShares Gold Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BLNDX vs. IAU - Drawdown Comparison
The maximum BLNDX drawdown since its inception was -9.33%, smaller than the maximum IAU drawdown of -45.14%. Use the drawdown chart below to compare losses from any high point for BLNDX and IAU. For additional features, visit the drawdowns tool.
Volatility
BLNDX vs. IAU - Volatility Comparison
The current volatility for Standpoint Multi-Asset Fund Institutional (BLNDX) is 2.45%, while iShares Gold Trust (IAU) has a volatility of 5.09%. This indicates that BLNDX experiences smaller price fluctuations and is considered to be less risky than IAU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.