IAUM vs. NXG
IAUM (iShares Gold Trust Micro) and NXG (NXG NextGen Infrastructure Income Fund) are both funds - IAUM is a Gold fund tracking the LBMA Gold Price PM, while NXG is a Global Equity Income fund actively managed by NXG. IAUM is passively managed, while NXG is actively managed. Over the past 3 years, IAUM returned 31.53%/yr vs 35.01%/yr for NXG. At a 0.05 correlation, their price movements are largely independent. IAUM charges 0.09%/yr vs 1.00%/yr for NXG.
Performance
IAUM vs. NXG - Performance Comparison
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Returns By Period
In the year-to-date period, IAUM achieves a 3.00% return, which is significantly lower than NXG's 24.20% return.
IAUM
- 1D
- -0.96%
- 1M
- -1.62%
- YTD
- 3.00%
- 6M
- 5.58%
- 1Y
- 32.42%
- 3Y*
- 31.53%
- 5Y*
- —
- 10Y*
- —
NXG
- 1D
- 1.05%
- 1M
- 4.62%
- YTD
- 24.20%
- 6M
- 24.75%
- 1Y
- 39.68%
- 3Y*
- 35.01%
- 5Y*
- —
- 10Y*
- —
IAUM vs. NXG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IAUM iShares Gold Trust Micro | 3.00% | 64.27% | 27.04% | 13.12% | 10.60% |
NXG NXG NextGen Infrastructure Income Fund | 24.20% | 25.98% | 51.16% | 4.54% | -5.68% |
Correlation
The correlation between IAUM and NXG is 0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Nov 2, 2022 | 0.05 |
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Return for Risk
IAUM vs. NXG — Risk / Return Rank
IAUM
NXG
IAUM vs. NXG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Gold Trust Micro (IAUM) and NXG NextGen Infrastructure Income Fund (NXG). 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.
| IAUM | NXG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.85 | ||
| Sortino ratioReturn per unit of downside risk | -1.11 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.37 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.70 | 3.02 | -1.32 |
| Martin ratioReturn relative to average drawdown | 4.22 | 8.32 | -4.10 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IAUM | NXG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.24 | 2.09 | -0.85 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.16 | 1.00 | +0.16 |
Drawdowns
IAUM vs. NXG - Drawdown Comparison
The maximum IAUM drawdown since its inception was -20.87%, smaller than the maximum NXG drawdown of -26.14%. Use the drawdown chart below to compare losses from any high point for IAUM and NXG.
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Drawdown Indicators
| IAUM | NXG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.87% | -26.14% | +5.27% |
Max Drawdown (1Y)Largest decline over 1 year | -19.15% | -13.19% | -5.96% |
Max Drawdown (3Y)Largest decline over 3 years | -19.15% | -26.14% | +6.99% |
Current DrawdownCurrent decline from peak | -17.68% | -0.28% | -17.40% |
Average DrawdownAverage peak-to-trough decline | -5.30% | -6.60% | +1.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.70% | 4.78% | +2.92% |
Volatility
IAUM vs. NXG - Volatility Comparison
The current volatility for iShares Gold Trust Micro (IAUM) is 5.50%, while NXG NextGen Infrastructure Income Fund (NXG) has a volatility of 6.13%. This indicates that IAUM experiences smaller price fluctuations and is considered to be less risky than NXG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IAUM | NXG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.50% | 6.13% | -0.63% |
Volatility (6M)Calculated over the trailing 6-month period | 22.89% | 14.04% | +8.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.31% | 19.12% | +7.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.86% | 26.88% | -9.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.86% | 26.88% | -9.02% |
IAUM vs. NXG - Expense Ratio Comparison
IAUM has a 0.09% expense ratio, which is lower than NXG's 1.00% expense ratio.
Dividends
IAUM vs. NXG - Dividend Comparison
IAUM has not paid dividends to shareholders, while NXG's dividend yield for the trailing twelve months is around 10.86%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
IAUM iShares Gold Trust Micro | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NXG NXG NextGen Infrastructure Income Fund | 10.86% | 12.83% | 14.15% | 12.00% | 1.11% |
Frequently Asked Questions
IAUM and NXG have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NXG has higher volatility (6.13%) compared to IAUM (5.50%). In terms of maximum drawdown, IAUM dropped -20.87% vs NXG's -26.14%.
NXG currently has the higher Sharpe Ratio (2.09 vs 1.24), 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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