CRDL vs. IAU
CRDL (Cardiol Therapeutics Inc Class A) is a stock, while IAU (iShares Gold Trust) is Gold fund tracking the LBMA Gold Price. Over the past 5 years, CRDL returned -16.24%/yr vs 18.32%/yr for IAU. At a 0.06 correlation, their price movements are largely independent.
Performance
CRDL vs. IAU - Performance Comparison
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Returns By Period
In the year-to-date period, CRDL achieves a 17.43% return, which is significantly higher than IAU's 2.98% return.
CRDL
- 1D
- -2.61%
- 1M
- -15.79%
- YTD
- 17.43%
- 6M
- 18.62%
- 1Y
- -14.50%
- 3Y*
- 18.79%
- 5Y*
- -16.24%
- 10Y*
- —
IAU
- 1D
- -0.98%
- 1M
- -1.62%
- YTD
- 2.98%
- 6M
- 5.50%
- 1Y
- 32.20%
- 3Y*
- 31.29%
- 5Y*
- 18.32%
- 10Y*
- 13.31%
CRDL vs. IAU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
CRDL Cardiol Therapeutics Inc Class A | 17.43% | -25.48% | 51.80% | 65.33% | -72.43% | -15.14% | -38.35% | -5.49% |
IAU iShares Gold Trust | 2.98% | 63.95% | 26.85% | 12.84% | -0.63% | -4.00% | 25.03% | 17.41% |
Correlation
The correlation between CRDL and IAU is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Jan 16, 2019 | 0.06 |
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Return for Risk
CRDL vs. IAU — Risk / Return Rank
CRDL
IAU
CRDL vs. IAU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cardiol Therapeutics Inc Class A (CRDL) 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.
| CRDL | IAU | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.21 | 1.23 | -1.43 |
Sortino ratioReturn per unit of downside risk | 0.19 | 1.62 | -1.43 |
Omega ratioGain probability vs. loss probability | 1.02 | 1.24 | -0.22 |
Calmar ratioReturn relative to maximum drawdown | -0.37 | 1.69 | -2.05 |
Martin ratioReturn relative to average drawdown | -0.54 | 4.19 | -4.72 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CRDL | IAU | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.21 | 1.23 | -1.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.19 | 1.03 | -1.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.84 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.17 | 0.62 | -0.80 |
Drawdowns
CRDL vs. IAU - Drawdown Comparison
The maximum CRDL drawdown since its inception was -92.71%, which is greater than IAU's maximum drawdown of -45.14%. Use the drawdown chart below to compare losses from any high point for CRDL and IAU.
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Drawdown Indicators
| CRDL | IAU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.71% | -45.14% | -47.57% |
Max Drawdown (1Y)Largest decline over 1 year | -39.87% | -19.18% | -20.69% |
Max Drawdown (3Y)Largest decline over 3 years | -72.73% | -19.18% | -53.55% |
Max Drawdown (5Y)Largest decline over 5 years | -90.72% | -20.93% | -69.79% |
Max Drawdown (10Y)Largest decline over 10 years | — | -21.82% | — |
Current DrawdownCurrent decline from peak | -81.91% | -17.70% | -64.21% |
Average DrawdownAverage peak-to-trough decline | -68.97% | -15.96% | -53.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.03% | 7.71% | +19.32% |
Volatility
CRDL vs. IAU - Volatility Comparison
Cardiol Therapeutics Inc Class A (CRDL) has a higher volatility of 10.42% compared to iShares Gold Trust (IAU) at 5.50%. This indicates that CRDL's price experiences larger fluctuations and is considered to be riskier than IAU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CRDL | IAU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.42% | 5.50% | +4.92% |
Volatility (6M)Calculated over the trailing 6-month period | 41.95% | 23.02% | +18.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 70.39% | 26.42% | +43.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 87.04% | 17.95% | +69.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 87.07% | 15.90% | +71.17% |
Dividends
CRDL vs. IAU - Dividend Comparison
Neither CRDL nor IAU has paid dividends to shareholders.
Frequently Asked Questions
CRDL and IAU have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CRDL has higher volatility (10.42%) compared to IAU (5.50%). In terms of maximum drawdown, CRDL dropped -92.71% vs IAU's -45.14%.
IAU currently has the higher Sharpe Ratio (1.23 vs -0.21), 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.
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