GOAU vs. IAU
Compare and contrast key facts about US Global GO GOLD and Precious Metal Miners ETF (GOAU) and iShares Gold Trust (IAU).
GOAU and IAU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GOAU is a passively managed fund by US Global Investors that tracks the performance of the U.S. Global GO GOLD and Precious Metal Miners Index. It was launched on Jun 27, 2017. IAU is a passively managed fund by iShares that tracks the performance of the Gold Bullion. It was launched on Jan 28, 2005. Both GOAU and IAU 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: GOAU or IAU.
Correlation
The correlation between GOAU and IAU is 0.06, 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
GOAU vs. IAU - Performance Comparison
Key characteristics
GOAU:
1.39
IAU:
2.47
GOAU:
1.92
IAU:
3.22
GOAU:
1.25
IAU:
1.41
GOAU:
1.85
IAU:
5.15
GOAU:
5.53
IAU:
13.79
GOAU:
8.26%
IAU:
3.04%
GOAU:
33.20%
IAU:
17.46%
GOAU:
-55.41%
IAU:
-45.14%
GOAU:
-3.62%
IAU:
-3.48%
Returns By Period
In the year-to-date period, GOAU achieves a 44.84% return, which is significantly higher than IAU's 25.91% return.
GOAU
44.84%
21.47%
25.96%
45.76%
9.13%
N/A
IAU
25.91%
10.71%
22.09%
42.82%
13.88%
10.57%
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GOAU vs. IAU - Expense Ratio Comparison
GOAU has a 0.60% expense ratio, which is higher than IAU's 0.25% expense ratio.
Risk-Adjusted Performance
GOAU vs. IAU — Risk-Adjusted Performance Rank
GOAU
IAU
GOAU vs. IAU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for US Global GO GOLD and Precious Metal Miners ETF (GOAU) 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.
Dividends
GOAU vs. IAU - Dividend Comparison
GOAU's dividend yield for the trailing twelve months is around 1.46%, while IAU has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
GOAU US Global GO GOLD and Precious Metal Miners ETF | 1.46% | 2.11% | 0.99% | 1.55% | 1.28% | 0.74% | 0.16% | 0.47% | 0.13% |
IAU iShares Gold Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GOAU vs. IAU - Drawdown Comparison
The maximum GOAU drawdown since its inception was -55.41%, which is greater than IAU's maximum drawdown of -45.14%. Use the drawdown chart below to compare losses from any high point for GOAU and IAU. For additional features, visit the drawdowns tool.
Volatility
GOAU vs. IAU - Volatility Comparison
US Global GO GOLD and Precious Metal Miners ETF (GOAU) has a higher volatility of 13.44% compared to iShares Gold Trust (IAU) at 9.20%. This indicates that GOAU's price experiences larger fluctuations and is considered to be riskier than IAU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.