EPGFX vs. ^XAU

Last updated Apr 2, 2026

Compare and contrast key facts about EuroPac Gold Fund (EPGFX) and Philadelphia Gold and Silver Index (^XAU).

EPGFX is managed by Euro Pacific Asset Management. It was launched on Jul 18, 2013.

Performance

EPGFX vs. ^XAU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in EuroPac Gold Fund (EPGFX) and Philadelphia Gold and Silver Index (^XAU). The values are adjusted to include any dividend payments, if applicable.

EPGFX vs. ^XAU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EPGFX EuroPac Gold Fund	5.67%	129.06%	8.51%	2.31%	-14.00%	-18.06%	36.99%	37.25%	-13.85%	12.73%
^XAU Philadelphia Gold and Silver Index	13.79%	149.51%	9.14%	4.00%	-8.75%	-8.14%	34.86%	51.32%	-17.13%	8.13%

Returns By Period

In the year-to-date period, EPGFX achieves a 5.67% return, which is significantly lower than ^XAU's 13.79% return. Over the past 10 years, EPGFX has underperformed ^XAU with an annualized return of 15.85%, while ^XAU has yielded a comparatively higher 18.77% annualized return.

EPGFX

• 1D: 6.92%
• 1M: -19.20%
• YTD: 5.67%
• 6M: 17.58%
• 1Y: 93.89%
• 3Y*: 33.01%
• 5Y*: 16.27%
• 10Y*: 15.85%

^XAU

• 1D: 4.08%
• 1M: -17.00%
• YTD: 13.79%
• 6M: 29.50%
• 1Y: 119.66%
• 3Y*: 43.63%
• 5Y*: 22.72%
• 10Y*: 18.77%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

EPGFX vs. ^XAU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EPGFX

EPGFX Risk / Return Rank: 93
EPGFX Sharpe Ratio Rank: 96
EPGFX Sortino Ratio Rank: 90
EPGFX Omega Ratio Rank: 89
EPGFX Calmar Ratio Rank: 94
EPGFX Martin Ratio Rank: 94

^XAU

^XAU Risk / Return Rank: 96
^XAU Sharpe Ratio Rank: 97
^XAU Sortino Ratio Rank: 97
^XAU Omega Ratio Rank: 96
^XAU Calmar Ratio Rank: 95
^XAU Martin Ratio Rank: 95

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EPGFX vs. ^XAU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for EuroPac Gold Fund (EPGFX) and Philadelphia Gold and Silver Index (^XAU). 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.

	EPGFX	^XAU	Difference
Sharpe ratio Return per unit of total volatility	2.40	2.66	-0.25
Sortino ratio Return per unit of downside risk	2.62	2.76	-0.14
Omega ratio Gain probability vs. loss probability	1.40	1.41	-0.01
Calmar ratio Return relative to maximum drawdown	3.22	3.97	-0.75
Martin ratio Return relative to average drawdown	12.66	14.42	-1.76
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EPGFX vs. ^XAU - Sharpe Ratio Comparison

The current EPGFX Sharpe Ratio is 2.40, which is comparable to the ^XAU Sharpe Ratio of 2.66. The chart below compares the historical Sharpe Ratios of EPGFX and ^XAU, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EPGFX	^XAU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.40	2.66	-0.25
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.51	0.64	-0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.49	0.51	-0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	0.08	+0.27

Correlation

The correlation between EPGFX and ^XAU is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Drawdowns

EPGFX vs. ^XAU - Drawdown Comparison

The maximum EPGFX drawdown since its inception was -56.70%, smaller than the maximum ^XAU drawdown of -83.04%. Use the drawdown chart below to compare losses from any high point for EPGFX and ^XAU.

Drawdown Indicators

	EPGFX	^XAU	Difference
Max Drawdown Largest peak-to-trough decline	-56.70%	-83.04%	+26.34%
Max Drawdown (1Y) Largest decline over 1 year	-28.88%	-30.21%	+1.33%
Max Drawdown (5Y) Largest decline over 5 years	-47.59%	-45.52%	-2.07%
Max Drawdown (10Y) Largest decline over 10 years	-51.03%	-45.52%	-5.51%
Current Drawdown Current decline from peak	-19.42%	-17.20%	-2.22%
Average Drawdown Average peak-to-trough decline	-22.10%	-39.84%	+17.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.35%	8.31%	-0.96%

Volatility

EPGFX vs. ^XAU - Volatility Comparison

EuroPac Gold Fund (EPGFX) and Philadelphia Gold and Silver Index (^XAU) have volatilities of 16.68% and 16.56%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EPGFX	^XAU	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.68%	16.56%	+0.12%
Volatility (6M) Calculated over the trailing 6-month period	32.39%	37.63%	-5.24%
Volatility (1Y) Calculated over the trailing 1-year period	39.05%	45.31%	-6.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.14%	35.68%	-3.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.65%	36.62%	-3.97%