FITZ vs. GLDN

Last updated Jun 19, 2026

FITZ (Fitz-Gerald Must Have Portfolio ETF) and GLDN (Nicholas Gold Income ETF) are both exchange-traded funds - FITZ is a Large Cap Growth Equities fund actively managed by Nicholas, while GLDN is a Gold fund actively managed by Nicholas. Both are actively managed. A 0.70 correlation means they provide meaningful diversification when combined. FITZ charges 0.75%/yr vs 1.07%/yr for GLDN.

Performance

FITZ vs. GLDN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fitz-Gerald Must Have Portfolio ETF (FITZ) and Nicholas Gold Income ETF (GLDN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FITZ

• 1D: 0.21%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GLDN

• 1D: -2.35%
• 1M: -3.61%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FITZ vs. GLDN - Yearly Performance Comparison

	2026 (YTD)
FITZ Fitz-Gerald Must Have Portfolio ETF	-3.48%
GLDN Nicholas Gold Income ETF	-4.73%

Correlation

The correlation between FITZ and GLDN is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	0.70

Return for Risk

FITZ vs. GLDN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fitz-Gerald Must Have Portfolio ETF (FITZ) and Nicholas Gold Income ETF (GLDN). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

FITZ vs. GLDN - Drawdown Comparison

The maximum FITZ drawdown since its inception was -6.62%, smaller than the maximum GLDN drawdown of -33.32%. Use the drawdown chart below to compare losses from any high point for FITZ and GLDN.

Drawdown Indicators

	FITZ	GLDN	Difference
Max Drawdown Largest peak-to-trough decline	-6.62%	-33.32%	+26.70%
Current Drawdown Current decline from peak	-4.84%	-26.72%	+21.88%
Average Drawdown Average peak-to-trough decline	-3.40%	-16.79%	+13.39%

Volatility

Volatility by Period

	FITZ	GLDN	Difference
Volatility (1Y) Calculated over the trailing 1-year period	18.67%	43.21%	-24.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.67%	43.21%	-24.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.67%	43.21%	-24.54%

FITZ vs. GLDN - Expense Ratio Comparison

FITZ has a 0.75% expense ratio, which is lower than GLDN's 1.07% expense ratio.

Dividends

FITZ vs. GLDN - Dividend Comparison

FITZ has not paid dividends to shareholders, while GLDN's dividend yield for the trailing twelve months is around 4.93%.

Position	TTM
FITZ Fitz-Gerald Must Have Portfolio ETF	0.00%
GLDN Nicholas Gold Income ETF	4.93%

Frequently Asked Questions

Can I hold both FITZ and GLDN in my portfolio?

FITZ and GLDN have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FITZ or GLDN?

On fees, FITZ is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FITZ or GLDN?

FITZ is cheaper with a 0.75% expense ratio, compared with 1.07% for GLDN.

Which ETF pays a higher dividend yield, FITZ or GLDN?

GLDN has the higher dividend yield at 4.93%, compared with 0.00% for FITZ.

What is the main difference between FITZ and GLDN?

FITZ is categorized as Large Cap Growth Equities, while GLDN is Gold. Their fees differ too: 0.75% for FITZ and 1.07% for GLDN.