INIVX vs. GC=F
Compare and contrast key facts about VanEck International Investors Gold Fund (INIVX) and Gold (GC=F).
INIVX is managed by VanEck. It was launched on Feb 9, 1956.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: INIVX or GC=F.
Correlation
The correlation between INIVX and GC=F is 0.30, 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.
Performance
INIVX vs. GC=F - Performance Comparison
Key characteristics
INIVX:
1.09
GC=F:
2.38
INIVX:
1.59
GC=F:
2.95
INIVX:
1.19
GC=F:
1.43
INIVX:
0.54
GC=F:
4.42
INIVX:
3.88
GC=F:
11.14
INIVX:
7.84%
GC=F:
3.17%
INIVX:
27.77%
GC=F:
14.52%
INIVX:
-80.01%
GC=F:
-44.36%
INIVX:
-35.60%
GC=F:
-3.32%
Returns By Period
In the year-to-date period, INIVX achieves a 7.02% return, which is significantly higher than GC=F's 2.54% return. Over the past 10 years, INIVX has underperformed GC=F with an annualized return of 5.97%, while GC=F has yielded a comparatively higher 6.84% annualized return.
INIVX
7.02%
0.61%
-0.57%
27.23%
7.36%
5.97%
GC=F
2.54%
1.51%
9.49%
31.20%
10.36%
6.84%
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Risk-Adjusted Performance
INIVX vs. GC=F — Risk-Adjusted Performance Rank
INIVX
GC=F
INIVX vs. GC=F - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck International Investors Gold Fund (INIVX) and Gold (GC=F). 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.
Drawdowns
INIVX vs. GC=F - Drawdown Comparison
The maximum INIVX drawdown since its inception was -80.01%, which is greater than GC=F's maximum drawdown of -44.36%. Use the drawdown chart below to compare losses from any high point for INIVX and GC=F. For additional features, visit the drawdowns tool.
Volatility
INIVX vs. GC=F - Volatility Comparison
VanEck International Investors Gold Fund (INIVX) has a higher volatility of 7.46% compared to Gold (GC=F) at 3.71%. This indicates that INIVX's price experiences larger fluctuations and is considered to be riskier than GC=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.