IGC vs. AAAU
Compare and contrast key facts about India Globalization Capital, Inc. (IGC) and Goldman Sachs Physical Gold ETF (AAAU).
AAAU is a passively managed fund by Goldman Sachs that tracks the performance of the LBMA Gold PM Price. It was launched on Jul 26, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IGC or AAAU.
Performance
IGC vs. AAAU - Performance Comparison
Returns By Period
In the year-to-date period, IGC achieves a 21.07% return, which is significantly lower than AAAU's 23.98% return.
IGC
21.07%
-16.71%
-39.46%
9.35%
-15.15%
-7.40%
AAAU
23.98%
-5.84%
5.89%
29.10%
11.57%
N/A
Key characteristics
| IGC | AAAU | |
|---|---|---|
| Sharpe Ratio | 0.15 | 2.09 |
| Sortino Ratio | 0.96 | 2.80 |
| Omega Ratio | 1.12 | 1.36 |
| Calmar Ratio | 0.13 | 3.75 |
| Martin Ratio | 0.42 | 12.59 |
| Ulcer Index | 31.01% | 2.42% |
| Daily Std Dev | 86.75% | 14.63% |
| Max Drawdown | -99.76% | -21.63% |
| Current Drawdown | -99.43% | -8.12% |
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Correlation
The correlation between IGC and AAAU is 0.07, 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.
Risk-Adjusted Performance
IGC vs. AAAU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for India Globalization Capital, Inc. (IGC) and Goldman Sachs Physical Gold ETF (AAAU). 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
IGC vs. AAAU - Dividend Comparison
Neither IGC nor AAAU has paid dividends to shareholders.
Drawdowns
IGC vs. AAAU - Drawdown Comparison
The maximum IGC drawdown since its inception was -99.76%, which is greater than AAAU's maximum drawdown of -21.63%. Use the drawdown chart below to compare losses from any high point for IGC and AAAU. For additional features, visit the drawdowns tool.
Volatility
IGC vs. AAAU - Volatility Comparison
India Globalization Capital, Inc. (IGC) has a higher volatility of 10.36% compared to Goldman Sachs Physical Gold ETF (AAAU) at 5.30%. This indicates that IGC's price experiences larger fluctuations and is considered to be riskier than AAAU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.