IGLD vs. MINT
IGLD (FT Vest Gold Strategy Target Income ETF) and MINT (PIMCO Enhanced Short Maturity Active ETF) are both exchange-traded funds - IGLD is a Gold fund actively managed by First Trust, while MINT is a Ultrashort Bond fund actively managed by PIMCO. Both are actively managed. Over the past 5 years, IGLD returned 12.76%/yr vs 3.52%/yr for MINT. At a 0.10 correlation, their price movements are largely independent. IGLD charges 0.85%/yr vs 0.36%/yr for MINT.
Performance
IGLD vs. MINT - Performance Comparison
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Returns By Period
In the year-to-date period, IGLD achieves a -5.55% return, which is significantly lower than MINT's 2.05% return.
IGLD
- 1D
- -1.96%
- 1M
- -8.08%
- YTD
- -5.55%
- 6M
- -8.37%
- 1Y
- 14.83%
- 3Y*
- 20.33%
- 5Y*
- 12.76%
- 10Y*
- —
MINT
- 1D
- 0.01%
- 1M
- 0.34%
- YTD
- 2.05%
- 6M
- 2.16%
- 1Y
- 4.66%
- 3Y*
- 5.35%
- 5Y*
- 3.52%
- 10Y*
- 2.72%
IGLD vs. MINT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
IGLD FT Vest Gold Strategy Target Income ETF | -5.55% | 47.46% | 19.36% | 9.24% | -2.34% | 4.30% |
MINT PIMCO Enhanced Short Maturity Active ETF | 2.05% | 4.74% | 5.94% | 6.26% | -1.01% | -0.09% |
Correlation
The correlation between IGLD and MINT is -0.09, 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 | -0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Mar 3, 2021 | 0.10 |
The correlation between IGLD and MINT shifts across timeframes, from -0.09 (1 year) to 0.10 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IGLD vs. MINT — Risk / Return Rank
IGLD
MINT
IGLD vs. MINT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Vest Gold Strategy Target Income ETF (IGLD) and PIMCO Enhanced Short Maturity Active ETF (MINT). 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.
| IGLD | MINT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -16.25 | ||
| Sortino ratioReturn per unit of downside risk | -59.79 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 18.98 | -17.85 |
| Calmar ratioReturn relative to maximum drawdown | 0.68 | 94.18 | -93.50 |
| Martin ratioReturn relative to average drawdown | 1.94 | 866.10 | -864.16 |
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Drawdowns
IGLD vs. MINT - Drawdown Comparison
The maximum IGLD drawdown since its inception was -21.90%, which is greater than MINT's maximum drawdown of -4.62%. Use the drawdown chart below to compare losses from any high point for IGLD and MINT.
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Drawdown Indicators
| IGLD | MINT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.90% | -4.62% | -17.28% |
Max Drawdown (1Y)Largest decline over 1 year | -21.90% | -0.05% | -21.85% |
Max Drawdown (3Y)Largest decline over 3 years | -21.90% | -0.16% | -21.74% |
Max Drawdown (5Y)Largest decline over 5 years | -21.90% | -2.42% | -19.48% |
Max Drawdown (10Y)Largest decline over 10 years | — | -4.62% | — |
Current DrawdownCurrent decline from peak | -21.20% | -0.02% | -21.18% |
Average DrawdownAverage peak-to-trough decline | -5.37% | -0.17% | -5.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.68% | 0.01% | +7.67% |
Volatility
IGLD vs. MINT - Volatility Comparison
FT Vest Gold Strategy Target Income ETF (IGLD) has a higher volatility of 8.14% compared to PIMCO Enhanced Short Maturity Active ETF (MINT) at 0.11%. This indicates that IGLD's price experiences larger fluctuations and is considered to be riskier than MINT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IGLD | MINT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.14% | 0.11% | +8.03% |
Volatility (6M)Calculated over the trailing 6-month period | 22.34% | 0.21% | +22.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.40% | 0.28% | +24.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.48% | 0.58% | +14.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.30% | 0.95% | +14.35% |
IGLD vs. MINT - Expense Ratio Comparison
IGLD has a 0.85% expense ratio, which is higher than MINT's 0.36% expense ratio.
Dividends
IGLD vs. MINT - Dividend Comparison
IGLD's dividend yield for the trailing twelve months is around 19.29%, more than MINT's 4.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGLD FT Vest Gold Strategy Target Income ETF | 19.29% | 9.91% | 20.81% | 7.85% | 4.45% | 2.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MINT PIMCO Enhanced Short Maturity Active ETF | 4.28% | 4.63% | 5.22% | 4.91% | 1.90% | 0.44% | 1.15% | 2.65% | 2.32% | 1.61% | 1.35% | 0.88% |
Frequently Asked Questions
IGLD and MINT have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IGLD has higher volatility (8.14%) compared to MINT (0.11%). In terms of maximum drawdown, IGLD dropped -21.90% vs MINT's -4.62%.
On 5-year performance, IGLD leads with 12.76% vs 3.52% for MINT. On fees, MINT is cheaper at 0.36% per year. On volatility, MINT has been the lower-risk option at 0.11%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, IGLD has performed better with a 12.76% return vs 3.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
MINT is cheaper with a 0.36% expense ratio, compared with 0.85% for IGLD.
IGLD has the higher dividend yield at 19.29%, compared with 4.28% for MINT.
IGLD is categorized as Gold, while MINT is Ultrashort Bond. They also come from different issuers: First Trust and PIMCO. Their fees differ too: 0.85% for IGLD and 0.36% for MINT.
MINT currently has the higher Sharpe Ratio (16.86 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.
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