EUIG vs. IAU
EUIG (iShares Euro Investment Grade Corporate Bond USD Hedged ETF) and IAU (iShares Gold Trust) are both exchange-traded funds - EUIG is a European Corporate Bonds fund tracking the BBG Euro Corporate Index, 100% USD Hedged, while IAU is a Gold fund tracking the LBMA Gold Price. Both are passively managed. At a 0.24 correlation, their price movements are largely independent. EUIG charges 0.18%/yr vs 0.25%/yr for IAU.
Performance
EUIG vs. IAU - Performance Comparison
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Returns By Period
In the year-to-date period, EUIG achieves a 2.27% return, which is significantly higher than IAU's -5.68% return.
EUIG
- 1D
- 0.19%
- 1M
- 1.01%
- YTD
- 2.27%
- 6M
- 2.18%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IAU
- 1D
- 1.12%
- 1M
- -8.56%
- YTD
- -5.68%
- 6M
- -10.29%
- 1Y
- 21.91%
- 3Y*
- 28.30%
- 5Y*
- 17.71%
- 10Y*
- 11.70%
EUIG vs. IAU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EUIG iShares Euro Investment Grade Corporate Bond USD Hedged ETF | 2.27% | -0.14% |
IAU iShares Gold Trust | -5.68% | 8.15% |
Correlation
The correlation between EUIG and IAU is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 6, 2025 | 0.24 |
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Return for Risk
EUIG vs. IAU — Risk / Return Rank
EUIG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IAU
EUIG vs. IAU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Euro Investment Grade Corporate Bond USD Hedged ETF (EUIG) 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.
| EUIG | IAU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.17 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.84 | — |
| Martin ratioReturn relative to average drawdown | — | 2.32 | — |
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Drawdowns
EUIG vs. IAU - Drawdown Comparison
The maximum EUIG drawdown since its inception was -2.32%, smaller than the maximum IAU drawdown of -45.14%. Use the drawdown chart below to compare losses from any high point for EUIG and IAU.
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Drawdown Indicators
| EUIG | IAU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.32% | -45.14% | +42.82% |
Max Drawdown (1Y)Largest decline over 1 year | — | -26.17% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -26.17% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.17% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -26.17% | — |
Current DrawdownCurrent decline from peak | 0.00% | -24.62% | +24.62% |
Average DrawdownAverage peak-to-trough decline | -0.53% | -15.98% | +15.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 9.48% | — |
Volatility
EUIG vs. IAU - Volatility Comparison
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Volatility by Period
| EUIG | IAU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 8.74% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 24.32% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.14% | 27.53% | -24.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.14% | 18.24% | -15.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.14% | 16.01% | -12.87% |
EUIG vs. IAU - Expense Ratio Comparison
EUIG has a 0.18% expense ratio, which is lower than IAU's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
EUIG vs. IAU - Dividend Comparison
EUIG's dividend yield for the trailing twelve months is around 1.59%, while IAU has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
EUIG iShares Euro Investment Grade Corporate Bond USD Hedged ETF | 1.59% | 0.43% |
IAU iShares Gold Trust | 0.00% | 0.00% |
Frequently Asked Questions
EUIG and IAU have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUIG is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUIG is cheaper with a 0.18% expense ratio, compared with 0.25% for IAU.
EUIG has the higher dividend yield at 1.59%, compared with 0.00% for IAU.
EUIG is categorized as European Corporate Bonds, while IAU is Gold. EUIG tracks BBG Euro Corporate Index, 100% USD Hedged, while IAU tracks LBMA Gold Price. Their fees differ too: 0.18% for EUIG and 0.25% for IAU.
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