IAG vs. IAU
Compare and contrast key facts about IAMGOLD Corporation (IAG) and iShares Gold Trust (IAU).
IAU is a passively managed fund by iShares that tracks the performance of the Gold Bullion. It was launched on Jan 28, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IAG or IAU.
Key characteristics
| IAG | IAU | |
|---|---|---|
| YTD Return | 96.84% | 24.16% |
| 1Y Return | 117.47% | 30.69% |
| 3Y Return (Ann) | 13.27% | 11.01% |
| 5Y Return (Ann) | 7.08% | 11.67% |
| 10Y Return (Ann) | 8.19% | 7.82% |
| Sharpe Ratio | 1.97 | 2.06 |
| Sortino Ratio | 2.75 | 2.76 |
| Omega Ratio | 1.33 | 1.36 |
| Calmar Ratio | 1.30 | 3.81 |
| Martin Ratio | 12.55 | 12.77 |
| Ulcer Index | 9.36% | 2.38% |
| Daily Std Dev | 59.66% | 14.74% |
| Max Drawdown | -95.55% | -45.14% |
| Current Drawdown | -77.28% | -7.96% |
Correlation
The correlation between IAG and IAU is 0.63, 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
IAG vs. IAU - Performance Comparison
In the year-to-date period, IAG achieves a 96.84% return, which is significantly higher than IAU's 24.16% return. Both investments have delivered pretty close results over the past 10 years, with IAG having a 8.19% annualized return and IAU not far behind at 7.82%. 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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Risk-Adjusted Performance
IAG vs. IAU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for IAMGOLD Corporation (IAG) 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
IAG vs. IAU - Dividend Comparison
Neither IAG nor IAU has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IAG IAMGOLD Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.75% |
IAU iShares Gold Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IAG vs. IAU - Drawdown Comparison
The maximum IAG drawdown since its inception was -95.55%, which is greater than IAU's maximum drawdown of -45.14%. Use the drawdown chart below to compare losses from any high point for IAG and IAU. For additional features, visit the drawdowns tool.
Volatility
IAG vs. IAU - Volatility Comparison
IAMGOLD Corporation (IAG) has a higher volatility of 21.84% compared to iShares Gold Trust (IAU) at 5.45%. This indicates that IAG'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.