GROY vs. IAUM
Compare and contrast key facts about Gold Royalty Corp. (GROY) and iShares Gold Trust Micro ETF of Benef Interest (IAUM).
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: GROY or IAUM.
Correlation
The correlation between GROY and IAUM 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
GROY vs. IAUM - Performance Comparison
Key characteristics
GROY:
-0.30
IAUM:
3.02
GROY:
-0.09
IAUM:
3.79
GROY:
0.99
IAUM:
1.51
GROY:
-0.19
IAUM:
5.67
GROY:
-0.49
IAUM:
15.52
GROY:
32.07%
IAUM:
2.96%
GROY:
52.57%
IAUM:
15.23%
GROY:
-82.01%
IAUM:
-20.87%
GROY:
-77.70%
IAUM:
0.00%
Returns By Period
In the year-to-date period, GROY achieves a 19.83% return, which is significantly higher than IAUM's 12.00% return.
GROY
19.83%
17.89%
5.84%
-13.17%
N/A
N/A
IAUM
12.00%
7.13%
18.42%
45.10%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
GROY vs. IAUM — Risk-Adjusted Performance Rank
GROY
IAUM
GROY vs. IAUM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Gold Royalty Corp. (GROY) 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
GROY vs. IAUM - Dividend Comparison
Neither GROY nor IAUM has paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
GROY Gold Royalty Corp. | 0.00% | 0.00% | 1.36% | 1.72% |
IAUM iShares Gold Trust Micro ETF of Benef Interest | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GROY vs. IAUM - Drawdown Comparison
The maximum GROY drawdown since its inception was -82.01%, which is greater than IAUM's maximum drawdown of -20.87%. Use the drawdown chart below to compare losses from any high point for GROY and IAUM. For additional features, visit the drawdowns tool.
Volatility
GROY vs. IAUM - Volatility Comparison
Gold Royalty Corp. (GROY) has a higher volatility of 15.58% compared to iShares Gold Trust Micro ETF of Benef Interest (IAUM) at 3.66%. This indicates that GROY'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.