IAUI vs. IGLD

Last updated Aug 2, 2026

IAUI (NEOS Gold High Income ETF) and IGLD (FT Vest Gold Strategy Target Income ETF) are both exchange-traded funds - IAUI is a Derivative Income fund actively managed by Neos, while IGLD is a Gold fund actively managed by First Trust. Both are actively managed. Over the past year, IAUI returned 11.61% vs 13.80% for IGLD. Their correlation of 0.94 means they have usually moved in the same direction. IAUI charges 0.78%/yr vs 0.85%/yr for IGLD.

Performance

IAUI vs. IGLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NEOS Gold High Income ETF (IAUI) and FT Vest Gold Strategy Target Income ETF (IGLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with IAUI having a -6.62% return and IGLD slightly higher at -6.56%.

IAUI

• 1D: -1.12%
• 1M: -0.98%
• 6M: -13.50%
• YTD: -6.62%
• 1Y: 11.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 10.39%

IGLD

• 1D: -1.09%
• 1M: -1.14%
• 6M: -15.05%
• YTD: -6.56%
• 1Y: 13.80%
• 3Y*: 19.55%
• 5Y*: 12.09%
• 10Y*: —
• ALL TIME*: 11.82%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
IAUI NEOS Gold High Income ETF	$8.84M	$8.74M	$10.60M
IGLD FT Vest Gold Strategy Target Income ETF	$4.80M	$5.50M	$7.14M

IAUI vs. IGLD - Yearly Performance Comparison

	2026 (YTD)	2025
IAUI NEOS Gold High Income ETF	-6.62%	20.00%
IGLD FT Vest Gold Strategy Target Income ETF	-6.56%	22.08%

Correlation

The correlation between IAUI and IGLD is 0.94, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.94
Correlation (All Time) Calculated using the full available price history since Jun 5, 2025	0.94

The correlation between IAUI and IGLD has been stable across timeframes, ranging from 0.94 to 0.94 - a consistent structural relationship.

Return for Risk

IAUI vs. IGLD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

IAUI

IAUI Risk / Return Rank: 24
IAUI Sharpe Ratio Rank: 26
IAUI Sortino Ratio Rank: 25
IAUI Omega Ratio Rank: 27
IAUI Calmar Ratio Rank: 21
IAUI Martin Ratio Rank: 21

IGLD

IGLD Risk / Return Rank: 25
IGLD Sharpe Ratio Rank: 26
IGLD Sortino Ratio Rank: 25
IGLD Omega Ratio Rank: 29
IGLD Calmar Ratio Rank: 22
IGLD Martin Ratio Rank: 21

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

IAUI vs. IGLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS Gold High Income ETF (IAUI) and FT Vest Gold Strategy Target Income ETF (IGLD). 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.

	IAUI	IGLD	Difference
Sharpe ratio: Return per unit of total volatility	0.61	0.61	-0.01
Sortino ratio: Return per unit of downside risk	0.92	0.95	-0.02
Omega ratio: Gain probability vs. loss probability	1.13	1.13	0.00
Calmar ratio: Return relative to maximum drawdown	0.60	0.65	-0.05
Martin ratio: Return relative to average drawdown	1.39	1.46	-0.07

IAUI vs. IGLD - Sharpe Ratio Comparison

The current IAUI Sharpe Ratio is 0.61, which is comparable to the IGLD Sharpe Ratio of 0.61. The chart below compares the historical Sharpe Ratios of IAUI and IGLD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

IAUI vs. IGLD - Drawdown Comparison

The maximum IAUI drawdown since its inception was -22.50%, smaller than the maximum IGLD drawdown of -23.84%. Use the drawdown chart below to compare losses from any high point for IAUI and IGLD.

Drawdown Indicators

	IAUI	IGLD	Difference
Max Drawdown Largest peak-to-trough decline	-22.50%	-23.84%	+1.34%
Max Drawdown (1Y) Largest decline over 1 year	-22.50%	-23.84%	+1.34%
Max Drawdown (3Y) Largest decline over 3 years	—	-23.84%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-23.84%	—
Current Drawdown Current decline from peak	-20.80%	-22.04%	+1.24%
Average Drawdown Average peak-to-trough decline	-5.69%	-5.70%	+0.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.68%	10.55%	-0.87%

Volatility

IAUI vs. IGLD - Volatility Comparison

NEOS Gold High Income ETF (IAUI) and FT Vest Gold Strategy Target Income ETF (IGLD) have volatilities of 5.63% and 5.69%, 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.

Volatility by Period

	IAUI	IGLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.63%	5.69%	-0.06%
Volatility (6M) Calculated over the trailing 6-month period	20.05%	22.06%	-2.01%
Volatility (1Y) Calculated over the trailing 1-year period	22.14%	25.10%	-2.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.99%	15.74%	+5.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.99%	15.43%	+5.56%

IAUI vs. IGLD - Expense Ratio Comparison

IAUI has a 0.78% expense ratio, which is lower than IGLD's 0.85% expense ratio.

Dividends

IAUI vs. IGLD - Dividend Comparison

IAUI's dividend yield for the trailing twelve months is around 13.96%, less than IGLD's 21.34% yield.

Position	TTM	2025	2024	2023	2022	2021
IAUI NEOS Gold High Income ETF	13.96%	6.88%	0.00%	0.00%	0.00%	0.00%
IGLD FT Vest Gold Strategy Target Income ETF	20.71%	9.91%	20.81%	7.85%	4.45%	2.24%

Frequently Asked Questions

Can I hold both IAUI and IGLD in my portfolio?

With a correlation of 0.94, IAUI and IGLD move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, IAUI or IGLD?

IGLD has higher volatility (5.69%) compared to IAUI (5.63%). In terms of maximum drawdown, IAUI dropped -22.50% vs IGLD's -23.84%.

Which ETF is better, IAUI or IGLD?

On 1-year performance, IGLD leads with 13.80% vs 11.61% for IAUI. On fees, IAUI is cheaper at 0.78% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IAUI or IGLD?

Over the 1-year period, IGLD has performed better with a 13.80% return vs 11.61%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IAUI or IGLD?

IAUI is cheaper with a 0.78% expense ratio, compared with 0.85% for IGLD.

Which ETF pays a higher dividend yield, IAUI or IGLD?

IGLD has the higher dividend yield at 20.71%, compared with 13.96% for IAUI.

What is the main difference between IAUI and IGLD?

IAUI is categorized as Derivative Income, while IGLD is Gold. They also come from different issuers: Neos and First Trust. Their fees differ too: 0.78% for IAUI and 0.85% for IGLD.

Which has better risk-adjusted returns?

IGLD currently has the higher Sharpe Ratio (0.61 vs 0.61), 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.