DNOW vs. IAUM
DNOW (NOW Inc.) is a stock, while IAUM (iShares Gold Trust Micro) is Gold fund tracking the LBMA Gold Price PM. Over the past 5 years, DNOW returned 12.03%/yr vs 17.38%/yr for IAUM. Their 0.10 correlation means their historical movements had little consistent relationship.
Performance
DNOW vs. IAUM - Performance Comparison
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Returns By Period
In the year-to-date period, DNOW achieves a 7.47% return, which is significantly higher than IAUM's -6.07% return.
DNOW
- 1D
- 0.85%
- 1M
- 13.02%
- 6M
- -8.48%
- YTD
- 7.47%
- 1Y
- -3.39%
- 3Y*
- 9.79%
- 5Y*
- 12.03%
- 10Y*
- -3.55%
- ALL TIME*
- -5.44%
IAUM
- 1D
- 0.02%
- 1M
- -1.66%
- 6M
- -12.99%
- YTD
- -6.07%
- 1Y
- 20.61%
- 3Y*
- 27.70%
- 5Y*
- 17.38%
- 10Y*
- —
- ALL TIME*
- 17.68%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
DNOW NOW Inc. | $28.91M | $29.66M | $40.42M |
| $79.21M | $72.37M | $93.87M |
DNOW vs. IAUM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
DNOW NOW Inc. | 7.47% | 1.84% | 14.93% | -10.87% | 48.71% | -10.11% |
IAUM iShares Gold Trust Micro | -6.07% | 64.27% | 27.04% | 13.12% | -0.49% | 3.87% |
Correlation
The correlation between DNOW and IAUM is 0.10, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.10 |
Correlation (3Y) Balances recent behavior with more history. | 0.06 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jun 29, 2021 | 0.10 |
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Return for Risk
DNOW vs. IAUM — Risk / Return Rank
DNOW
IAUM
DNOW vs. IAUM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NOW Inc. (DNOW) 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.
| DNOW | IAUM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.83 | ||
| Sortino ratioReturn per unit of downside risk | -0.95 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.16 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.10 | 0.79 | -0.89 |
| Martin ratioReturn relative to average drawdown | -0.18 | 1.69 | -1.87 |
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Drawdowns
DNOW vs. IAUM - Drawdown Comparison
The maximum DNOW drawdown since its inception was -89.06%, which is greater than IAUM's maximum drawdown of -26.31%. Use the drawdown chart below to compare losses from any high point for DNOW and IAUM.
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Drawdown Indicators
| DNOW | IAUM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.06% | -26.31% | -62.75% |
Max Drawdown (1Y)Largest decline over 1 year | -34.08% | -26.31% | -7.77% |
Max Drawdown (3Y)Largest decline over 3 years | -36.78% | -26.31% | -10.47% |
Max Drawdown (5Y)Largest decline over 5 years | -39.36% | -26.31% | -13.05% |
Max Drawdown (10Y)Largest decline over 10 years | -82.46% | — | — |
Current DrawdownCurrent decline from peak | -61.71% | -24.93% | -36.78% |
Average DrawdownAverage peak-to-trough decline | -61.61% | -5.88% | -55.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.39% | 12.24% | +6.15% |
Volatility
DNOW vs. IAUM - Volatility Comparison
NOW Inc. (DNOW) has a higher volatility of 8.27% compared to iShares Gold Trust Micro (IAUM) at 5.94%. This indicates that DNOW'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.
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Volatility by Period
| DNOW | IAUM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.27% | 5.94% | +2.33% |
Volatility (6M)Calculated over the trailing 6-month period | 31.99% | 20.83% | +11.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.70% | 27.79% | +11.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.31% | 18.33% | +24.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.31% | 18.18% | +30.13% |
Dividends
DNOW vs. IAUM - Dividend Comparison
Neither DNOW nor IAUM has paid dividends to shareholders.
Frequently Asked Questions
DNOW and IAUM have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DNOW has higher volatility (8.27%) compared to IAUM (5.94%). In terms of maximum drawdown, DNOW dropped -89.06% vs IAUM's -26.31%.
IAUM currently has the higher Sharpe Ratio (0.75 vs -0.09), 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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