EIDO vs. IAU
EIDO (iShares MSCI Indonesia ETF) and IAU (iShares Gold Trust) are both exchange-traded funds - EIDO is a Indonesia Equities fund tracking the MSCI Indonesia Investable Market Index, while IAU is a Gold fund tracking the LBMA Gold Price. Both are passively managed. Over the past 10 years, EIDO returned -5.01%/yr vs 11.45%/yr for IAU. Their 0.15 correlation means their historical movements had little consistent relationship. EIDO charges 0.59%/yr vs 0.25%/yr for IAU.
Performance
EIDO vs. IAU - Performance Comparison
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Returns By Period
In the year-to-date period, EIDO achieves a -32.06% return, which is significantly lower than IAU's -6.14% return. Over the past 10 years, EIDO has underperformed IAU with an annualized return of -5.01%, while IAU has yielded a comparatively higher 11.45% annualized return.
EIDO
- 1D
- 0.81%
- 1M
- 8.91%
- 6M
- -27.03%
- YTD
- -32.06%
- 1Y
- -27.16%
- 3Y*
- -15.44%
- 5Y*
- -6.41%
- 10Y*
- -5.01%
- ALL TIME*
- -1.53%
IAU
- 1D
- 0.03%
- 1M
- -1.70%
- 6M
- -13.00%
- YTD
- -6.14%
- 1Y
- 20.38%
- 3Y*
- 27.49%
- 5Y*
- 17.16%
- 10Y*
- 11.45%
- ALL TIME*
- 10.71%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $13.59M | $15.49M | $20.66M | |
| $325.17M | $361.79M | $469.22M |
EIDO vs. IAU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EIDO iShares MSCI Indonesia ETF | -32.06% | 4.90% | -13.02% | 2.56% | -0.16% | -0.60% | -7.13% | 5.30% | -10.88% | 19.40% |
IAU iShares Gold Trust | -6.14% | 63.95% | 26.85% | 12.84% | -0.63% | -4.00% | 25.03% | 17.98% | -1.76% | 12.91% |
Correlation
The correlation between EIDO and IAU is 0.25, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.25 |
Correlation (3Y) Balances recent behavior with more history. | 0.23 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.22 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.18 |
Correlation (All Time) Calculated using the full available price history since May 7, 2010 | 0.15 |
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Return for Risk
EIDO vs. IAU — Risk / Return Rank
EIDO
IAU
EIDO vs. IAU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Indonesia ETF (EIDO) 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.
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.
| EIDO | IAU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.77 | ||
| Sortino ratioReturn per unit of downside risk | -2.50 | ||
| Omega ratioGain probability vs. loss probability | 0.82 | 1.16 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | -0.62 | 0.78 | -1.40 |
| Martin ratioReturn relative to average drawdown | -1.44 | 1.67 | -3.11 |
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Drawdowns
EIDO vs. IAU - Drawdown Comparison
The maximum EIDO drawdown since its inception was -63.21%, which is greater than IAU's maximum drawdown of -45.14%. Use the drawdown chart below to compare losses from any high point for EIDO and IAU.
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Drawdown Indicators
| EIDO | IAU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.21% | -45.14% | -18.07% |
Max Drawdown (1Y)Largest decline over 1 year | -43.81% | -26.36% | -17.45% |
Max Drawdown (3Y)Largest decline over 3 years | -51.77% | -26.36% | -25.41% |
Max Drawdown (5Y)Largest decline over 5 years | -51.77% | -26.36% | -25.41% |
Max Drawdown (10Y)Largest decline over 10 years | -59.41% | -26.36% | -33.05% |
Current DrawdownCurrent decline from peak | -53.63% | -24.99% | -28.64% |
Average DrawdownAverage peak-to-trough decline | -24.93% | -16.02% | -8.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.87% | 12.26% | +6.61% |
Volatility
EIDO vs. IAU - Volatility Comparison
iShares MSCI Indonesia ETF (EIDO) has a higher volatility of 6.67% compared to iShares Gold Trust (IAU) at 5.99%. This indicates that EIDO'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
| EIDO | IAU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.67% | 5.99% | +0.68% |
Volatility (6M)Calculated over the trailing 6-month period | 21.33% | 20.79% | +0.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.27% | 27.90% | -1.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.69% | 18.43% | +2.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.02% | 16.08% | +8.94% |
EIDO vs. IAU - Expense Ratio Comparison
EIDO has a 0.59% expense ratio, which is higher than IAU's 0.25% expense ratio.
Dividends
EIDO vs. IAU - Dividend Comparison
EIDO's dividend yield for the trailing twelve months is around 3.28%, while IAU has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EIDO iShares MSCI Indonesia ETF | 3.28% | 3.56% | 5.20% | 2.94% | 2.53% | 1.33% | 1.51% | 1.78% | 1.99% | 1.26% | 1.16% | 1.67% |
IAU iShares Gold Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EIDO and IAU have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EIDO has higher volatility (6.67%) compared to IAU (5.99%). In terms of maximum drawdown, EIDO dropped -63.21% vs IAU's -45.14%.
On 10-year performance, IAU leads with 11.45% vs -5.01% for EIDO. On fees, IAU is cheaper at 0.25% per year. On volatility, IAU has been the lower-risk option at 5.99%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, IAU has performed better with a 11.45% return vs -5.01%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IAU is cheaper with a 0.25% expense ratio, compared with 0.59% for EIDO.
EIDO has the higher dividend yield at 3.28%, compared with 0.00% for IAU.
EIDO is categorized as Indonesia Equities, while IAU is Gold. EIDO tracks MSCI Indonesia Investable Market Index, while IAU tracks LBMA Gold Price. Their fees differ too: 0.59% for EIDO and 0.25% for IAU.
IAU currently has the higher Sharpe Ratio (0.74 vs -1.04), 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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