EWM vs. AAAU
Compare and contrast key facts about iShares MSCI Malaysia ETF (EWM) and Goldman Sachs Physical Gold ETF (AAAU).
EWM and AAAU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EWM is a passively managed fund by iShares that tracks the performance of the MSCI Malaysia Index. It was launched on Mar 12, 1996. AAAU is a passively managed fund by Goldman Sachs that tracks the performance of the LBMA Gold PM Price. It was launched on Jul 26, 2018. Both EWM and AAAU are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EWM or AAAU.
Key characteristics
| EWM | AAAU | |
|---|---|---|
| YTD Return | 16.95% | 25.84% |
| 1Y Return | 20.36% | 33.14% |
| 3Y Return (Ann) | 2.30% | 11.52% |
| 5Y Return (Ann) | 0.55% | 11.92% |
| Sharpe Ratio | 1.66 | 2.33 |
| Sortino Ratio | 2.35 | 3.09 |
| Omega Ratio | 1.31 | 1.41 |
| Calmar Ratio | 0.53 | 5.05 |
| Martin Ratio | 6.98 | 15.04 |
| Ulcer Index | 2.90% | 2.26% |
| Daily Std Dev | 12.19% | 14.60% |
| Max Drawdown | -89.19% | -21.63% |
| Current Drawdown | -25.25% | -6.75% |
Correlation
The correlation between EWM and AAAU is 0.20, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
EWM vs. AAAU - Performance Comparison
In the year-to-date period, EWM achieves a 16.95% return, which is significantly lower than AAAU's 25.84% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EWM vs. AAAU - Expense Ratio Comparison
EWM has a 0.49% expense ratio, which is higher than AAAU's 0.18% expense ratio.
Risk-Adjusted Performance
EWM vs. AAAU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Malaysia ETF (EWM) and Goldman Sachs Physical Gold ETF (AAAU). 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.
Dividends
EWM vs. AAAU - Dividend Comparison
EWM's dividend yield for the trailing twelve months is around 3.00%, while AAAU has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWM iShares MSCI Malaysia ETF | 3.00% | 3.47% | 2.99% | 6.48% | 1.89% | 2.91% | 3.84% | 5.58% | 5.97% | 37.55% | 4.03% | 3.03% |
AAAU Goldman Sachs Physical Gold ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
EWM vs. AAAU - Drawdown Comparison
The maximum EWM drawdown since its inception was -89.19%, which is greater than AAAU's maximum drawdown of -21.63%. Use the drawdown chart below to compare losses from any high point for EWM and AAAU. For additional features, visit the drawdowns tool.
Volatility
EWM vs. AAAU - Volatility Comparison
The current volatility for iShares MSCI Malaysia ETF (EWM) is 3.26%, while Goldman Sachs Physical Gold ETF (AAAU) has a volatility of 5.35%. This indicates that EWM experiences smaller price fluctuations and is considered to be less risky than AAAU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.