IAUF vs. OUNZ
Compare and contrast key facts about iShares Gold Strategy ETF (IAUF) and VanEck Merk Gold Trust (OUNZ).
IAUF and OUNZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IAUF is a passively managed fund by iShares that tracks the performance of the Bloomberg Composite Gold Index. It was launched on Jun 6, 2018. OUNZ is a passively managed fund by Merk that tracks the performance of the LBMA Gold Price PM ($/ozt). It was launched on May 16, 2014. Both IAUF and OUNZ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IAUF or OUNZ.
Performance
IAUF vs. OUNZ - Performance Comparison
Returns By Period
IAUF
N/A
N/A
N/A
N/A
N/A
N/A
OUNZ
26.35%
-3.96%
7.50%
31.56%
11.88%
7.74%
Key characteristics
| IAUF | OUNZ |
|---|
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IAUF vs. OUNZ - Expense Ratio Comparison
Both IAUF and OUNZ have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Correlation
The correlation between IAUF and OUNZ is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
IAUF vs. OUNZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Gold Strategy ETF (IAUF) and VanEck Merk Gold Trust (OUNZ). 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
IAUF vs. OUNZ - Dividend Comparison
Neither IAUF nor OUNZ has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
IAUF iShares Gold Strategy ETF | 111.57% | 13.18% | 0.88% | 0.00% | 7.61% | 10.04% | 0.77% |
OUNZ VanEck Merk Gold Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IAUF vs. OUNZ - Drawdown Comparison
Volatility
IAUF vs. OUNZ - Volatility Comparison
The current volatility for iShares Gold Strategy ETF (IAUF) is 0.00%, while VanEck Merk Gold Trust (OUNZ) has a volatility of 5.66%. This indicates that IAUF experiences smaller price fluctuations and is considered to be less risky than OUNZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.