IGLD vs. VGZ

Last updated Jun 4, 2026

IGLD (FT Cboe Vest Gold Strategy Target Income ETF) is Precious Metals fund actively managed by First Trust, while VGZ (Vista Gold Corp.) is a stock. Over the past 5 years, IGLD returned 13.02%/yr vs 13.79%/yr for VGZ. At a 0.42 correlation, their price movements are largely independent.

Performance

IGLD vs. VGZ - Performance Comparison

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

Returns By Period

In the year-to-date period, IGLD achieves a 1.69% return, which is significantly lower than VGZ's 15.23% return.

IGLD

• 1D: -0.81%
• 1M: -1.33%
• YTD: 1.69%
• 6M: 4.44%
• 1Y: 24.53%
• 3Y*: 23.01%
• 5Y*: 13.02%
• 10Y*: —

VGZ

• 1D: -5.02%
• 1M: 8.10%
• YTD: 15.23%
• 6M: 14.07%
• 1Y: 95.69%
• 3Y*: 56.70%
• 5Y*: 13.79%
• 10Y*: 11.20%

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

IGLD vs. VGZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
IGLD FT Cboe Vest Gold Strategy Target Income ETF	1.69%	47.46%	19.36%	9.24%	-2.34%	4.30%
VGZ Vista Gold Corp.	15.23%	253.05%	23.48%	-8.73%	-30.22%	-26.63%

Correlation

The correlation between IGLD and VGZ is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (3Y) Calculated over the trailing 3-year period	0.45
Correlation (5Y) Calculated over the trailing 5-year period	0.42
Correlation (All Time) Calculated using the full available price history since Mar 4, 2021	0.42

Return for Risk

IGLD vs. VGZ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IGLD

IGLD Risk / Return Rank: 28
IGLD Sharpe Ratio Rank: 28
IGLD Sortino Ratio Rank: 27
IGLD Omega Ratio Rank: 32
IGLD Calmar Ratio Rank: 28
IGLD Martin Ratio Rank: 27

VGZ

VGZ Risk / Return Rank: 74
VGZ Sharpe Ratio Rank: 75
VGZ Sortino Ratio Rank: 73
VGZ Omega Ratio Rank: 72
VGZ Calmar Ratio Rank: 76
VGZ Martin Ratio Rank: 75

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IGLD vs. VGZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest Gold Strategy Target Income ETF (IGLD) and Vista Gold Corp. (VGZ). 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.

	IGLD	VGZ	Difference
Sharpe ratio: Return per unit of total volatility	1.06	1.17	-0.11
Sortino ratio: Return per unit of downside risk	1.47	1.92	-0.45
Omega ratio: Gain probability vs. loss probability	1.22	1.24	-0.02
Calmar ratio: Return relative to maximum drawdown	1.40	2.27	-0.87
Martin ratio: Return relative to average drawdown	3.82	5.02	-1.20
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IGLD vs. VGZ - Sharpe Ratio Comparison

The current IGLD Sharpe Ratio is 1.06, which is comparable to the VGZ Sharpe Ratio of 1.17. The chart below compares the historical Sharpe Ratios of IGLD and VGZ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IGLD	VGZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.06	1.17	-0.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.86	0.21	+0.65
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.17	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.94	0.01	+0.93

Drawdowns

IGLD vs. VGZ - Drawdown Comparison

The maximum IGLD drawdown since its inception was -18.59%, smaller than the maximum VGZ drawdown of -99.06%. Use the drawdown chart below to compare losses from any high point for IGLD and VGZ.

Drawdown Indicators

	IGLD	VGZ	Difference
Max Drawdown Largest peak-to-trough decline	-18.59%	-99.06%	+80.47%
Max Drawdown (1Y) Largest decline over 1 year	-17.56%	-42.30%	+24.74%
Max Drawdown (3Y) Largest decline over 3 years	-17.56%	-48.97%	+31.41%
Max Drawdown (5Y) Largest decline over 5 years	-18.59%	-78.19%	+59.60%
Max Drawdown (10Y) Largest decline over 10 years	—	-85.10%	—
Current Drawdown Current decline from peak	-15.16%	-82.84%	+67.68%
Average Drawdown Average peak-to-trough decline	-5.24%	-70.36%	+65.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.43%	20.03%	-13.60%

Volatility

IGLD vs. VGZ - Volatility Comparison

The current volatility for FT Cboe Vest Gold Strategy Target Income ETF (IGLD) is 5.12%, while Vista Gold Corp. (VGZ) has a volatility of 14.32%. This indicates that IGLD experiences smaller price fluctuations and is considered to be less risky than VGZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IGLD	VGZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.12%	14.32%	-9.20%
Volatility (6M) Calculated over the trailing 6-month period	21.01%	63.82%	-42.81%
Volatility (1Y) Calculated over the trailing 1-year period	23.24%	82.40%	-59.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.17%	65.62%	-50.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.00%	66.32%	-51.32%

Dividends

IGLD vs. VGZ - Dividend Comparison

IGLD's dividend yield for the trailing twelve months is around 17.92%, while VGZ has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
IGLD FT Cboe Vest Gold Strategy Target Income ETF	17.92%	9.91%	20.81%	7.85%	4.45%	2.24%
VGZ Vista Gold Corp.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IGLD and VGZ in my portfolio?

IGLD and VGZ have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IGLD or VGZ?

VGZ has higher volatility (14.32%) compared to IGLD (5.12%). In terms of maximum drawdown, IGLD dropped -18.59% vs VGZ's -99.06%.

Which has better risk-adjusted returns?

VGZ currently has the higher Sharpe Ratio (1.17 vs 1.06), 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.