IAUGY vs. GLDM
IAUGY (Insurance Australia Group Ltd ADR) is a stock, while GLDM (SPDR Gold MiniShares Trust) is Gold fund tracking the LBMA Gold Price PM. Over the past 5 years, IAUGY returned 12.75%/yr vs 17.31%/yr for GLDM. Their 0.05 correlation means their historical movements had little consistent relationship.
Performance
IAUGY vs. GLDM - Performance Comparison
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Returns By Period
In the year-to-date period, IAUGY achieves a 3.90% return, which is significantly higher than GLDM's -6.13% return.
IAUGY
- 1D
- -2.43%
- 1M
- -7.35%
- 6M
- 11.45%
- YTD
- 3.90%
- 1Y
- 5.05%
- 3Y*
- 17.48%
- 5Y*
- 12.75%
- 10Y*
- 5.84%
- ALL TIME*
- 8.38%
GLDM
- 1D
- -1.46%
- 1M
- -1.72%
- 6M
- -16.53%
- YTD
- -6.13%
- 1Y
- 20.58%
- 3Y*
- 27.59%
- 5Y*
- 17.31%
- 10Y*
- —
- ALL TIME*
- 15.36%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $263.44M | $251.25M | $317.77M | |
| $7.81K | $5.88K | $22.48K |
IAUGY vs. GLDM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
IAUGY Insurance Australia Group Ltd ADR | 3.90% | 6.12% | 50.54% | 18.46% | 6.32% | -16.94% | -29.42% | 15.61% | -21.47% |
GLDM SPDR Gold MiniShares Trust | -6.13% | 64.20% | 27.08% | 13.04% | -0.47% | -4.01% | 25.10% | 18.10% | 1.75% |
Correlation
The correlation between IAUGY and GLDM is -0.08, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.08 |
Correlation (3Y) Balances recent behavior with more history. | 0.02 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.06 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2018 | 0.05 |
The correlation between IAUGY and GLDM shifts across timeframes, from -0.08 (1 year) to 0.06 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
IAUGY vs. GLDM — Risk / Return Rank
IAUGY
GLDM
IAUGY vs. GLDM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Insurance Australia Group Ltd ADR (IAUGY) and SPDR Gold MiniShares Trust (GLDM). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IAUGY | GLDM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.72 | ||
| Sortino ratioReturn per unit of downside risk | -0.68 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.17 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.20 | 0.88 | -0.68 |
| Martin ratioReturn relative to average drawdown | 0.50 | 1.90 | -1.40 |
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Drawdowns
IAUGY vs. GLDM - Drawdown Comparison
The maximum IAUGY drawdown since its inception was -51.36%, which is greater than GLDM's maximum drawdown of -26.27%. Use the drawdown chart below to compare losses from any high point for IAUGY and GLDM.
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Drawdown Indicators
| IAUGY | GLDM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.36% | -26.27% | -25.09% |
Max Drawdown (1Y)Largest decline over 1 year | -24.78% | -26.27% | +1.49% |
Max Drawdown (3Y)Largest decline over 3 years | -24.78% | -26.27% | +1.49% |
Max Drawdown (5Y)Largest decline over 5 years | -28.14% | -26.27% | -1.87% |
Max Drawdown (10Y)Largest decline over 10 years | -51.36% | — | — |
Current DrawdownCurrent decline from peak | -9.64% | -24.94% | +15.30% |
Average DrawdownAverage peak-to-trough decline | -17.86% | -6.56% | -11.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.08% | 12.12% | -2.04% |
Volatility
IAUGY vs. GLDM - Volatility Comparison
Insurance Australia Group Ltd ADR (IAUGY) and SPDR Gold MiniShares Trust (GLDM) have volatilities of 6.20% and 6.35%, 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.
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Volatility by Period
| IAUGY | GLDM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.20% | 6.35% | -0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 39.08% | 23.37% | +15.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.32% | 27.92% | +20.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.72% | 18.39% | +22.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.64% | 17.10% | +18.54% |
Dividends
IAUGY vs. GLDM - Dividend Comparison
IAUGY's dividend yield for the trailing twelve months is around 3.75%, while GLDM has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLDM SPDR Gold MiniShares 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% |
IAUGY Insurance Australia Group Ltd ADR | 3.75% | 3.66% | 3.38% | 2.69% | 2.11% | 4.81% | 1.23% | 1.37% | 8.51% | 3.60% | 8.29% | 5.59% |
Frequently Asked Questions
IAUGY and GLDM have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GLDM has higher volatility (6.35%) compared to IAUGY (6.20%). In terms of maximum drawdown, IAUGY dropped -51.36% vs GLDM's -26.27%.
GLDM currently has the higher Sharpe Ratio (0.83 vs 0.10), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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