GOAU vs. ETH-USD
GOAU (US Global GO GOLD and Precious Metal Miners ETF) is Gold fund tracking the U.S. Global GO GOLD and Precious Metal Miners Index, while ETH-USD (Ethereum) is a cryptocurrency. Over the past 5 years, GOAU returned 15.29%/yr vs -3.10%/yr for ETH-USD. At a 0.17 correlation, their price movements are largely independent.
Performance
GOAU vs. ETH-USD - Performance Comparison
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Returns By Period
In the year-to-date period, GOAU achieves a -12.48% return, which is significantly higher than ETH-USD's -47.34% return.
GOAU
- 1D
- -0.35%
- 1M
- -12.66%
- YTD
- -12.48%
- 6M
- -15.93%
- 1Y
- 30.69%
- 3Y*
- 32.68%
- 5Y*
- 15.29%
- 10Y*
- —
ETH-USD
- 1D
- -3.54%
- 1M
- -24.55%
- YTD
- -47.34%
- 6M
- -46.17%
- 1Y
- -35.44%
- 3Y*
- -5.63%
- 5Y*
- -3.10%
- 10Y*
- 60.12%
GOAU vs. ETH-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GOAU US Global GO GOLD and Precious Metal Miners ETF | -12.48% | 126.68% | 13.78% | 10.67% | -11.66% | -9.23% | 14.13% | 54.17% | -11.88% | 7.81% |
ETH-USD Ethereum | -47.34% | -10.91% | 46.00% | 90.84% | -67.48% | 398.30% | 473.88% | -1.52% | -82.39% | 158.08% |
Correlation
The correlation between GOAU and ETH-USD is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jun 28, 2017 | 0.17 |
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Return for Risk
GOAU vs. ETH-USD — Risk / Return Rank
GOAU
ETH-USD
GOAU vs. ETH-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for US Global GO GOLD and Precious Metal Miners ETF (GOAU) and Ethereum (ETH-USD). 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.
| GOAU | ETH-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.17 | ||
| Sortino ratioReturn per unit of downside risk | +1.53 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 0.95 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.86 | -0.52 | +1.38 |
| Martin ratioReturn relative to average drawdown | 2.12 | -0.87 | +2.98 |
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Drawdowns
GOAU vs. ETH-USD - Drawdown Comparison
The maximum GOAU drawdown since its inception was -55.41%, smaller than the maximum ETH-USD drawdown of -94.01%. Use the drawdown chart below to compare losses from any high point for GOAU and ETH-USD.
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Drawdown Indicators
| GOAU | ETH-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.41% | -94.01% | +38.60% |
Max Drawdown (1Y)Largest decline over 1 year | -35.89% | -67.66% | +31.77% |
Max Drawdown (3Y)Largest decline over 3 years | -35.89% | -67.66% | +31.77% |
Max Drawdown (5Y)Largest decline over 5 years | -48.52% | -79.35% | +30.83% |
Max Drawdown (10Y)Largest decline over 10 years | — | -94.01% | — |
Current DrawdownCurrent decline from peak | -33.74% | -67.66% | +33.92% |
Average DrawdownAverage peak-to-trough decline | -18.88% | -50.93% | +32.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.53% | 41.50% | -26.97% |
Volatility
GOAU vs. ETH-USD - Volatility Comparison
The current volatility for US Global GO GOLD and Precious Metal Miners ETF (GOAU) is 16.47%, while Ethereum (ETH-USD) has a volatility of 18.39%. This indicates that GOAU experiences smaller price fluctuations and is considered to be less risky than ETH-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GOAU | ETH-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.47% | 18.39% | -1.92% |
Volatility (6M)Calculated over the trailing 6-month period | 39.63% | 46.39% | -6.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.71% | 55.72% | -8.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.95% | 59.09% | -22.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.74% | 77.04% | -41.30% |
Frequently Asked Questions
GOAU and ETH-USD have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ETH-USD has higher volatility (18.39%) compared to GOAU (16.47%). In terms of maximum drawdown, GOAU dropped -55.41% vs ETH-USD's -94.01%.
GOAU currently has the higher Sharpe Ratio (0.65 vs -0.53), 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.
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