FSAGX vs. IAUM
Compare and contrast key facts about Fidelity Select Gold Portfolio (FSAGX) and iShares Gold Trust Micro ETF of Benef Interest (IAUM).
FSAGX is managed by Fidelity. It was launched on Dec 15, 1985. IAUM is a passively managed fund by iShares that tracks the performance of the LBMA Gold Price PM ($/ozt). It was launched on Jun 15, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSAGX or IAUM.
Key characteristics
| FSAGX | IAUM | |
|---|---|---|
| YTD Return | 28.08% | 24.42% |
| 1Y Return | 29.99% | 32.76% |
| 3Y Return (Ann) | 4.54% | 13.59% |
| Sharpe Ratio | 1.07 | 2.34 |
| Daily Std Dev | 28.52% | 14.32% |
| Max Drawdown | -77.21% | -20.87% |
| Current Drawdown | -41.49% | -0.54% |
Correlation
The correlation between FSAGX and IAUM is 0.76, 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.
Performance
FSAGX vs. IAUM - Performance Comparison
In the year-to-date period, FSAGX achieves a 28.08% return, which is significantly higher than IAUM's 24.42% 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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FSAGX vs. IAUM - Expense Ratio Comparison
FSAGX has a 0.76% expense ratio, which is higher than IAUM's 0.15% expense ratio.
Risk-Adjusted Performance
FSAGX vs. IAUM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Gold Portfolio (FSAGX) and iShares Gold Trust Micro ETF of Benef Interest (IAUM). 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
FSAGX vs. IAUM - Dividend Comparison
FSAGX's dividend yield for the trailing twelve months is around 0.50%, while IAUM has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
FSAGX Fidelity Select Gold Portfolio | 0.50% | 0.99% | 0.36% | 1.60% | 4.40% | 0.54% | 0.00% | 0.22% | 3.57% |
IAUM iShares Gold Trust Micro ETF of Benef Interest | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FSAGX vs. IAUM - Drawdown Comparison
The maximum FSAGX drawdown since its inception was -77.21%, which is greater than IAUM's maximum drawdown of -20.87%. Use the drawdown chart below to compare losses from any high point for FSAGX and IAUM. For additional features, visit the drawdowns tool.
Volatility
FSAGX vs. IAUM - Volatility Comparison
Fidelity Select Gold Portfolio (FSAGX) has a higher volatility of 8.01% compared to iShares Gold Trust Micro ETF of Benef Interest (IAUM) at 3.35%. This indicates that FSAGX's price experiences larger fluctuations and is considered to be riskier than IAUM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.