GOAU vs. XME
Compare and contrast key facts about US Global GO GOLD and Precious Metal Miners ETF (GOAU) and SPDR S&P Metals & Mining ETF (XME).
GOAU and XME 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. XME is a passively managed fund by State Street that tracks the performance of the S&P Metals & Mining Select Industry Index. It was launched on Jun 19, 2006. Both GOAU and XME 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 XME.
Key characteristics
| GOAU | XME | |
|---|---|---|
| YTD Return | 20.60% | 15.27% |
| 1Y Return | 37.45% | 40.02% |
| 3Y Return (Ann) | 1.92% | 14.62% |
| 5Y Return (Ann) | 6.63% | 22.07% |
| Sharpe Ratio | 1.12 | 1.57 |
| Sortino Ratio | 1.66 | 2.19 |
| Omega Ratio | 1.20 | 1.28 |
| Calmar Ratio | 0.82 | 1.17 |
| Martin Ratio | 5.07 | 6.28 |
| Ulcer Index | 6.96% | 6.50% |
| Daily Std Dev | 31.43% | 26.05% |
| Max Drawdown | -55.41% | -85.94% |
| Current Drawdown | -17.83% | -8.76% |
Correlation
The correlation between GOAU and XME is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
GOAU vs. XME - Performance Comparison
In the year-to-date period, GOAU achieves a 20.60% return, which is significantly higher than XME's 15.27% 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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GOAU vs. XME - Expense Ratio Comparison
GOAU has a 0.60% expense ratio, which is higher than XME's 0.35% expense ratio.
Risk-Adjusted Performance
GOAU vs. XME - 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 SPDR S&P Metals & Mining ETF (XME). 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. XME - Dividend Comparison
GOAU's dividend yield for the trailing twelve months is around 0.82%, more than XME's 0.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOAU US Global GO GOLD and Precious Metal Miners ETF | 0.82% | 0.99% | 1.55% | 1.28% | 0.74% | 0.16% | 0.47% | 0.13% | 0.00% | 0.00% | 0.00% | 0.00% |
XME SPDR S&P Metals & Mining ETF | 0.58% | 1.00% | 1.64% | 0.70% | 0.99% | 2.43% | 2.23% | 1.15% | 1.02% | 2.61% | 2.21% | 1.32% |
Drawdowns
GOAU vs. XME - Drawdown Comparison
The maximum GOAU drawdown since its inception was -55.41%, smaller than the maximum XME drawdown of -85.94%. Use the drawdown chart below to compare losses from any high point for GOAU and XME. For additional features, visit the drawdowns tool.
Volatility
GOAU vs. XME - Volatility Comparison
US Global GO GOLD and Precious Metal Miners ETF (GOAU) has a higher volatility of 10.56% compared to SPDR S&P Metals & Mining ETF (XME) at 9.52%. This indicates that GOAU's price experiences larger fluctuations and is considered to be riskier than XME based on this measure. The chart below showcases a comparison of their rolling one-month volatility.