IAU.TO vs. IAU

Last updated Apr 1, 2026

Compare and contrast key facts about i-80 Gold Corp (IAU.TO) and iShares Gold Trust (IAU).

IAU is a passively managed fund by iShares that tracks the performance of the LBMA Gold Price. It was launched on Jan 21, 2005.

Performance

IAU.TO vs. IAU - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in i-80 Gold Corp (IAU.TO) and iShares Gold Trust (IAU). The values are adjusted to include any dividend payments, if applicable.

IAU.TO vs. IAU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
IAU.TO i-80 Gold Corp	4.46%	192.75%	-70.39%	-38.36%	22.33%	-35.63%
IAU iShares Gold Trust	10.08%	56.43%	37.75%	10.35%	6.45%	5.70%

Different Trading Currencies

IAU.TO is traded in CAD, while IAU is traded in USD. To make them comparable, the IAU values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, IAU.TO achieves a 4.46% return, which is significantly lower than IAU's 10.08% return.

IAU.TO

• 1D: 8.21%
• 1M: -25.96%
• YTD: 4.46%
• 6M: 58.65%
• 1Y: 148.24%
• 3Y*: -13.76%
• 5Y*: —
• 10Y*: —

IAU

• 1D: 3.69%
• 1M: -9.26%
• YTD: 10.08%
• 6M: 21.04%
• 1Y: 44.54%
• 3Y*: 34.39%
• 5Y*: 24.31%
• 10Y*: 14.84%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

IAU.TO vs. IAU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IAU.TO

IAU.TO Risk / Return Rank: 89
IAU.TO Sharpe Ratio Rank: 92
IAU.TO Sortino Ratio Rank: 88
IAU.TO Omega Ratio Rank: 85
IAU.TO Calmar Ratio Rank: 89
IAU.TO Martin Ratio Rank: 91

IAU

IAU Risk / Return Rank: 87
IAU Sharpe Ratio Rank: 88
IAU Sortino Ratio Rank: 86
IAU Omega Ratio Rank: 86
IAU Calmar Ratio Rank: 89
IAU Martin Ratio Rank: 87

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IAU.TO vs. IAU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for i-80 Gold Corp (IAU.TO) 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.

	IAU.TO	IAU	Difference
Sharpe ratio Return per unit of total volatility	2.25	1.73	+0.53
Sortino ratio Return per unit of downside risk	2.64	2.17	+0.46
Omega ratio Gain probability vs. loss probability	1.33	1.32	+0.01
Calmar ratio Return relative to maximum drawdown	3.65	2.75	+0.90
Martin ratio Return relative to average drawdown	11.60	9.54	+2.06
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IAU.TO vs. IAU - Sharpe Ratio Comparison

The current IAU.TO Sharpe Ratio is 2.25, which is higher than the IAU Sharpe Ratio of 1.73. The chart below compares the historical Sharpe Ratios of IAU.TO and IAU, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IAU.TO	IAU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.25	1.73	+0.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.48	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.98	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.22	0.67	-0.88

Correlation

The correlation between IAU.TO and IAU is 0.42, 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.

Dividends

IAU.TO vs. IAU - Dividend Comparison

Neither IAU.TO nor IAU has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

IAU.TO vs. IAU - Drawdown Comparison

The maximum IAU.TO drawdown since its inception was -91.25%, which is greater than IAU's maximum drawdown of -33.38%. Use the drawdown chart below to compare losses from any high point for IAU.TO and IAU.

Drawdown Indicators

	IAU.TO	IAU	Difference
Max Drawdown Largest peak-to-trough decline	-91.25%	-45.14%	-46.11%
Max Drawdown (1Y) Largest decline over 1 year	-38.25%	-19.18%	-19.07%
Max Drawdown (5Y) Largest decline over 5 years	—	-20.93%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-21.82%	—
Current Drawdown Current decline from peak	-62.32%	-13.20%	-49.12%
Average Drawdown Average peak-to-trough decline	-59.71%	-15.98%	-43.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.05%	5.18%	+6.87%

Volatility

IAU.TO vs. IAU - Volatility Comparison

i-80 Gold Corp (IAU.TO) has a higher volatility of 26.37% compared to iShares Gold Trust (IAU) at 10.79%. This indicates that IAU.TO'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.

Volatility by Period

	IAU.TO	IAU	Difference
Volatility (1M) Calculated over the trailing 1-month period	26.37%	10.79%	+15.58%
Volatility (6M) Calculated over the trailing 6-month period	50.38%	23.06%	+27.32%
Volatility (1Y) Calculated over the trailing 1-year period	66.36%	25.99%	+40.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	71.19%	16.54%	+54.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	71.19%	15.26%	+55.93%