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 3 years, DNOW returned 11.17%/yr vs 31.53%/yr for IAUM. At a 0.10 correlation, their price movements are largely independent.
Performance
DNOW vs. IAUM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DNOW achieves a -0.15% return, which is significantly lower than IAUM's 3.00% return.
DNOW
- 1D
- -0.53%
- 1M
- -1.42%
- YTD
- -0.15%
- 6M
- -6.70%
- 1Y
- -10.18%
- 3Y*
- 11.17%
- 5Y*
- 3.55%
- 10Y*
- -2.87%
IAUM
- 1D
- -0.96%
- 1M
- -1.62%
- YTD
- 3.00%
- 6M
- 5.58%
- 1Y
- 32.42%
- 3Y*
- 31.53%
- 5Y*
- —
- 10Y*
- —
DNOW vs. IAUM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
DNOW NOW Inc. | -0.15% | 1.84% | 14.93% | -10.87% | 48.71% | -9.25% |
IAUM iShares Gold Trust Micro | 3.00% | 64.27% | 27.04% | 13.12% | -0.49% | 3.87% |
Correlation
The correlation between DNOW and IAUM is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2021 | 0.10 |
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
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.
| DNOW | IAUM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.25 | 1.24 | -1.49 |
Sortino ratioReturn per unit of downside risk | -0.06 | 1.63 | -1.70 |
Omega ratioGain probability vs. loss probability | 0.99 | 1.25 | -0.26 |
Calmar ratioReturn relative to maximum drawdown | -0.30 | 1.70 | -2.00 |
Martin ratioReturn relative to average drawdown | -0.61 | 4.22 | -4.83 |
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
| DNOW | IAUM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.25 | 1.24 | -1.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.08 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.06 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.14 | 1.16 | -1.30 |
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 -20.87%. Use the drawdown chart below to compare losses from any high point for DNOW and IAUM.
Loading charts...
Drawdown Indicators
| DNOW | IAUM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.06% | -20.87% | -68.19% |
Max Drawdown (1Y)Largest decline over 1 year | -34.08% | -19.15% | -14.93% |
Max Drawdown (3Y)Largest decline over 3 years | -36.78% | -19.15% | -17.63% |
Max Drawdown (5Y)Largest decline over 5 years | -39.36% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -82.46% | — | — |
Current DrawdownCurrent decline from peak | -64.43% | -17.68% | -46.75% |
Average DrawdownAverage peak-to-trough decline | -61.61% | -5.30% | -56.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.81% | 7.70% | +9.11% |
Volatility
DNOW vs. IAUM - Volatility Comparison
NOW Inc. (DNOW) has a higher volatility of 7.85% compared to iShares Gold Trust Micro (IAUM) at 5.50%. 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.
Loading charts...
Volatility by Period
| DNOW | IAUM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.85% | 5.50% | +2.35% |
Volatility (6M)Calculated over the trailing 6-month period | 31.79% | 22.89% | +8.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.03% | 26.31% | +14.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.71% | 17.86% | +25.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.53% | 17.86% | +30.67% |
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 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DNOW has higher volatility (7.85%) compared to IAUM (5.50%). In terms of maximum drawdown, DNOW dropped -89.06% vs IAUM's -20.87%.
IAUM currently has the higher Sharpe Ratio (1.24 vs -0.25), 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 DNOW 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