CRVO vs. IAUM
CRVO (CervoMed Inc.) is a stock, while IAUM (iShares Gold Trust Micro) is Gold fund tracking the LBMA Gold Price PM. Over the past 3 years, CRVO returned -17.32%/yr vs 31.59%/yr for IAUM. At a 0.09 correlation, their price movements are largely independent.
Performance
CRVO vs. IAUM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CRVO achieves a -60.51% return, which is significantly lower than IAUM's 3.84% return.
CRVO
- 1D
- 5.05%
- 1M
- -16.35%
- YTD
- -60.51%
- 6M
- -65.56%
- 1Y
- -58.29%
- 3Y*
- -17.32%
- 5Y*
- -43.49%
- 10Y*
- -55.42%
IAUM
- 1D
- 0.81%
- 1M
- -1.65%
- YTD
- 3.84%
- 6M
- 6.39%
- 1Y
- 32.66%
- 3Y*
- 31.59%
- 5Y*
- —
- 10Y*
- —
CRVO vs. IAUM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CRVO CervoMed Inc. | -60.51% | 237.61% | -69.33% | 0.58% | -66.84% | -59.64% |
IAUM iShares Gold Trust Micro | 3.84% | 64.27% | 27.04% | 13.12% | -0.49% | 3.87% |
Correlation
The correlation between CRVO and IAUM is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2021 | 0.09 |
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
CRVO vs. IAUM — Risk / Return Rank
CRVO
IAUM
CRVO vs. IAUM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CervoMed Inc. (CRVO) 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.
| CRVO | IAUM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.07 | ||
| Sortino ratioReturn per unit of downside risk | -2.88 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.25 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | -0.80 | 1.71 | -2.51 |
| Martin ratioReturn relative to average drawdown | -1.42 | 4.21 | -5.63 |
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
| CRVO | IAUM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.82 | 1.25 | -2.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.36 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.39 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.39 | 1.17 | -1.55 |
Drawdowns
CRVO vs. IAUM - Drawdown Comparison
The maximum CRVO drawdown since its inception was -99.99%, which is greater than IAUM's maximum drawdown of -20.87%. Use the drawdown chart below to compare losses from any high point for CRVO and IAUM.
Loading charts...
Drawdown Indicators
| CRVO | IAUM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.99% | -20.87% | -79.12% |
Max Drawdown (1Y)Largest decline over 1 year | -72.97% | -19.15% | -53.82% |
Max Drawdown (3Y)Largest decline over 3 years | -92.67% | -19.15% | -73.52% |
Max Drawdown (5Y)Largest decline over 5 years | -96.90% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -99.98% | — | — |
Current DrawdownCurrent decline from peak | -99.98% | -17.01% | -82.97% |
Average DrawdownAverage peak-to-trough decline | -94.35% | -5.31% | -89.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 40.96% | 7.78% | +33.18% |
Volatility
CRVO vs. IAUM - Volatility Comparison
CervoMed Inc. (CRVO) has a higher volatility of 22.62% compared to iShares Gold Trust Micro (IAUM) at 5.49%. This indicates that CRVO's price experiences larger fluctuations and is considered to be riskier than IAUM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CRVO | IAUM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.62% | 5.49% | +17.13% |
Volatility (6M)Calculated over the trailing 6-month period | 51.20% | 22.90% | +28.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 71.07% | 26.30% | +44.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 122.13% | 17.86% | +104.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 144.51% | 17.86% | +126.65% |
Dividends
CRVO vs. IAUM - Dividend Comparison
Neither CRVO nor IAUM has paid dividends to shareholders.
Frequently Asked Questions
CRVO and IAUM have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CRVO has higher volatility (22.62%) compared to IAUM (5.49%). In terms of maximum drawdown, CRVO dropped -99.99% vs IAUM's -20.87%.
IAUM currently has the higher Sharpe Ratio (1.25 vs -0.82), 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 CRVO 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