EUFN vs. AUMI

Last updated Jun 13, 2026

EUFN (iShares MSCI Europe Financials ETF) and AUMI (Themes Gold Miners ETF) are both exchange-traded funds - EUFN is a Financials Equities fund tracking the MSCI Europe Financials Index, while AUMI is a Gold fund tracking the Solactive Global Pure Gold Miners Index. Both are passively managed. Over the past year, EUFN returned 28.57% vs 38.17% for AUMI. At a 0.38 correlation, their price movements are largely independent. EUFN charges 0.48%/yr vs 0.35%/yr for AUMI.

Performance

EUFN vs. AUMI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Europe Financials ETF (EUFN) and Themes Gold Miners ETF (AUMI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EUFN achieves a 4.75% return, which is significantly higher than AUMI's -11.62% return.

EUFN

• 1D: 1.20%
• 1M: 3.43%
• YTD: 4.75%
• 6M: 9.10%
• 1Y: 28.57%
• 3Y*: 32.04%
• 5Y*: 18.43%
• 10Y*: 13.48%

AUMI

• 1D: 2.52%
• 1M: -17.27%
• YTD: -11.62%
• 6M: -9.97%
• 1Y: 38.17%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EUFN vs. AUMI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
EUFN iShares MSCI Europe Financials ETF	4.75%	65.73%	17.20%	2.67%
AUMI Themes Gold Miners ETF	-11.62%	164.18%	30.61%	10.23%

Correlation

The correlation between EUFN and AUMI is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (All Time) Calculated using the full available price history since Dec 13, 2023	0.38

EUFN vs. AUMI - Sectors Allocation Comparison

Sectors	EUFN	AUMI
Financial Services	97.1%	-
Technology	1.0%	-
Industrials	0.4%	-
Consumer Cyclical	0.2%	-
Basic Materials	-	99.4%
Communication Services	-	0.1%
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

EUFN vs. AUMI — Risk / Return Rank

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

EUFN

EUFN Risk / Return Rank: 42
EUFN Sharpe Ratio Rank: 42
EUFN Sortino Ratio Rank: 42
EUFN Omega Ratio Rank: 39
EUFN Calmar Ratio Rank: 41
EUFN Martin Ratio Rank: 44

AUMI

AUMI Risk / Return Rank: 25
AUMI Sharpe Ratio Rank: 25
AUMI Sortino Ratio Rank: 25
AUMI Omega Ratio Rank: 28
AUMI Calmar Ratio Rank: 24
AUMI Martin Ratio Rank: 24

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.

EUFN vs. AUMI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe Financials ETF (EUFN) and Themes Gold Miners ETF (AUMI). 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.

	EUFN	AUMI	Difference
Sharpe ratio: Return per unit of total volatility	1.31	0.78	+0.53
Sortino ratio: Return per unit of downside risk	1.92	1.24	+0.68
Omega ratio: Gain probability vs. loss probability	1.23	1.17	+0.06
Calmar ratio: Return relative to maximum drawdown	1.79	0.98	+0.80
Martin ratio: Return relative to average drawdown	6.24	2.81	+3.43

EUFN vs. AUMI - Sharpe Ratio Comparison

The current EUFN Sharpe Ratio is 1.31, which is higher than the AUMI Sharpe Ratio of 0.78. The chart below compares the historical Sharpe Ratios of EUFN and AUMI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EUFN vs. AUMI - Drawdown Comparison

The maximum EUFN drawdown since its inception was -53.25%, which is greater than AUMI's maximum drawdown of -39.28%. Use the drawdown chart below to compare losses from any high point for EUFN and AUMI.

Drawdown Indicators

	EUFN	AUMI	Difference
Max Drawdown Largest peak-to-trough decline	-53.25%	-39.28%	-13.97%
Max Drawdown (1Y) Largest decline over 1 year	-14.77%	-39.28%	+24.51%
Max Drawdown (3Y) Largest decline over 3 years	-15.95%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-35.15%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-53.25%	—	—
Current Drawdown Current decline from peak	-0.10%	-33.51%	+33.41%
Average Drawdown Average peak-to-trough decline	-14.53%	-7.35%	-7.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.23%	13.72%	-9.49%

Volatility

EUFN vs. AUMI - Volatility Comparison

The current volatility for iShares MSCI Europe Financials ETF (EUFN) is 6.96%, while Themes Gold Miners ETF (AUMI) has a volatility of 17.47%. This indicates that EUFN experiences smaller price fluctuations and is considered to be less risky than AUMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EUFN	AUMI	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.96%	17.47%	-10.51%
Volatility (6M) Calculated over the trailing 6-month period	17.05%	40.45%	-23.40%
Volatility (1Y) Calculated over the trailing 1-year period	20.17%	49.48%	-29.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.88%	42.24%	-20.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.53%	42.24%	-17.71%

EUFN vs. AUMI - Expense Ratio Comparison

EUFN has a 0.48% expense ratio, which is higher than AUMI's 0.35% expense ratio.

Dividends

EUFN vs. AUMI - Dividend Comparison

EUFN's dividend yield for the trailing twelve months is around 3.41%, more than AUMI's 0.98% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AUMI Themes Gold Miners ETF	0.98%	0.86%	1.84%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EUFN iShares MSCI Europe Financials ETF	3.41%	3.57%	5.36%	5.00%	4.24%	4.15%	1.38%	4.55%	6.48%	3.04%	4.03%	3.65%

Frequently Asked Questions

Can I hold both EUFN and AUMI in my portfolio?

EUFN and AUMI have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EUFN or AUMI?

AUMI has higher volatility (17.47%) compared to EUFN (6.96%). In terms of maximum drawdown, EUFN dropped -53.25% vs AUMI's -39.28%.

Which ETF is better, EUFN or AUMI?

On 1-year performance, AUMI leads with 38.17% vs 28.57% for EUFN. On fees, AUMI is cheaper at 0.35% per year. On volatility, EUFN has been the lower-risk option at 6.96%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EUFN or AUMI?

Over the 1-year period, AUMI has performed better with a 38.17% return vs 28.57%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EUFN or AUMI?

AUMI is cheaper with a 0.35% expense ratio, compared with 0.48% for EUFN.

Which ETF pays a higher dividend yield, EUFN or AUMI?

EUFN has the higher dividend yield at 3.41%, compared with 0.98% for AUMI.

What is the main difference between EUFN and AUMI?

EUFN is categorized as Financials Equities, while AUMI is Gold. EUFN tracks MSCI Europe Financials Index, while AUMI tracks Solactive Global Pure Gold Miners Index. They also come from different issuers: iShares and Themes. Their fees differ too: 0.48% for EUFN and 0.35% for AUMI.

Which has better risk-adjusted returns?

EUFN currently has the higher Sharpe Ratio (1.31 vs 0.78), 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.