GRRR vs. IAUM
Compare and contrast key facts about Gorilla Technology Group Inc. (GRRR) 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: GRRR or IAUM.
Correlation
The correlation between GRRR and IAUM is 0.03, 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
GRRR vs. IAUM - Performance Comparison
Key characteristics
GRRR:
1.55
IAUM:
2.68
GRRR:
2.45
IAUM:
3.53
GRRR:
1.30
IAUM:
1.47
GRRR:
2.20
IAUM:
5.47
GRRR:
5.67
IAUM:
14.72
GRRR:
38.55%
IAUM:
3.01%
GRRR:
141.16%
IAUM:
16.56%
GRRR:
-99.38%
IAUM:
-20.87%
GRRR:
-95.32%
IAUM:
0.00%
Returns By Period
In the year-to-date period, GRRR achieves a -6.20% return, which is significantly lower than IAUM's 30.49% return.
GRRR
-6.20%
-32.64%
241.53%
235.45%
N/A
N/A
IAUM
30.49%
13.34%
25.83%
43.31%
N/A
N/A
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Risk-Adjusted Performance
GRRR vs. IAUM — Risk-Adjusted Performance Rank
GRRR
IAUM
GRRR vs. IAUM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Gorilla Technology Group Inc. (GRRR) 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
GRRR vs. IAUM - Dividend Comparison
Neither GRRR nor IAUM has paid dividends to shareholders.
Drawdowns
GRRR vs. IAUM - Drawdown Comparison
The maximum GRRR drawdown since its inception was -99.38%, which is greater than IAUM's maximum drawdown of -20.87%. Use the drawdown chart below to compare losses from any high point for GRRR and IAUM. For additional features, visit the drawdowns tool.
Volatility
GRRR vs. IAUM - Volatility Comparison
Gorilla Technology Group Inc. (GRRR) has a higher volatility of 45.19% compared to iShares Gold Trust Micro ETF of Benef Interest (IAUM) at 7.43%. This indicates that GRRR'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.