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IAU vs. GLD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IAU and GLD is 0.06, 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.


-0.50.00.51.0
Correlation: 0.1

Performance

IAU vs. GLD - Performance Comparison

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

450.00%500.00%550.00%600.00%650.00%NovemberDecember2025FebruaryMarchApril
638.35%
621.64%
IAU
GLD

Key characteristics

Sharpe Ratio

IAU:

2.59

GLD:

2.57

Sortino Ratio

IAU:

3.42

GLD:

3.39

Omega Ratio

IAU:

1.45

GLD:

1.44

Calmar Ratio

IAU:

5.31

GLD:

5.28

Martin Ratio

IAU:

14.57

GLD:

14.46

Ulcer Index

IAU:

2.96%

GLD:

2.97%

Daily Std Dev

IAU:

16.69%

GLD:

16.75%

Max Drawdown

IAU:

-45.14%

GLD:

-45.56%

Current Drawdown

IAU:

-2.40%

GLD:

-2.38%

Returns By Period

The year-to-date returns for both stocks are quite close, with IAU having a 27.33% return and GLD slightly lower at 27.23%. Both investments have delivered pretty close results over the past 10 years, with IAU having a 10.51% annualized return and GLD not far behind at 10.35%.


IAU

YTD

27.33%

1M

10.62%

6M

21.98%

1Y

43.73%

5Y*

13.87%

10Y*

10.51%

GLD

YTD

27.23%

1M

10.63%

6M

21.86%

1Y

43.53%

5Y*

13.67%

10Y*

10.35%

*Annualized

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IAU vs. GLD - Expense Ratio Comparison

IAU has a 0.25% expense ratio, which is lower than GLD's 0.40% expense ratio.


Expense ratio chart for GLD: current value is 0.40%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
GLD: 0.40%
Expense ratio chart for IAU: current value is 0.25%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
IAU: 0.25%

Risk-Adjusted Performance

IAU vs. GLD — Risk-Adjusted Performance Rank

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

IAU
The Risk-Adjusted Performance Rank of IAU is 9797
Overall Rank
The Sharpe Ratio Rank of IAU is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of IAU is 9696
Sortino Ratio Rank
The Omega Ratio Rank of IAU is 9696
Omega Ratio Rank
The Calmar Ratio Rank of IAU is 9898
Calmar Ratio Rank
The Martin Ratio Rank of IAU is 9696
Martin Ratio Rank

GLD
The Risk-Adjusted Performance Rank of GLD is 9696
Overall Rank
The Sharpe Ratio Rank of GLD is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of GLD is 9696
Sortino Ratio Rank
The Omega Ratio Rank of GLD is 9595
Omega Ratio Rank
The Calmar Ratio Rank of GLD is 9898
Calmar Ratio Rank
The Martin Ratio Rank of GLD is 9696
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

IAU vs. GLD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Gold Trust (IAU) and SPDR Gold Trust (GLD). 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.


The chart of Sharpe ratio for IAU, currently valued at 2.59, compared to the broader market-1.000.001.002.003.004.00
IAU: 2.59
GLD: 2.57
The chart of Sortino ratio for IAU, currently valued at 3.42, compared to the broader market-2.000.002.004.006.008.00
IAU: 3.42
GLD: 3.39
The chart of Omega ratio for IAU, currently valued at 1.45, compared to the broader market0.501.001.502.002.50
IAU: 1.45
GLD: 1.44
The chart of Calmar ratio for IAU, currently valued at 5.31, compared to the broader market0.002.004.006.008.0010.0012.00
IAU: 5.31
GLD: 5.28
The chart of Martin ratio for IAU, currently valued at 14.57, compared to the broader market0.0020.0040.0060.00
IAU: 14.57
GLD: 14.46

The current IAU Sharpe Ratio is 2.59, which is comparable to the GLD Sharpe Ratio of 2.57. The chart below compares the historical Sharpe Ratios of IAU and GLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio2.002.503.00NovemberDecember2025FebruaryMarchApril
2.59
2.57
IAU
GLD

Dividends

IAU vs. GLD - Dividend Comparison

Neither IAU nor GLD has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

IAU vs. GLD - Drawdown Comparison

The maximum IAU drawdown since its inception was -45.14%, roughly equal to the maximum GLD drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for IAU and GLD. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%NovemberDecember2025FebruaryMarchApril
-2.40%
-2.38%
IAU
GLD

Volatility

IAU vs. GLD - Volatility Comparison

iShares Gold Trust (IAU) and SPDR Gold Trust (GLD) have volatilities of 8.14% and 8.17%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%NovemberDecember2025FebruaryMarchApril
8.14%
8.17%
IAU
GLD