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:
2.07
GC=F:
2.31
INIVX:
2.69
GC=F:
2.86
INIVX:
1.33
GC=F:
1.41
INIVX:
1.01
GC=F:
4.33
INIVX:
7.43
GC=F:
10.89
INIVX:
7.64%
GC=F:
3.18%
INIVX:
27.43%
GC=F:
14.76%
INIVX:
-80.01%
GC=F:
-44.36%
INIVX:
-28.02%
GC=F:
-0.08%
Returns By Period
In the year-to-date period, INIVX achieves a 19.62% return, which is significantly higher than GC=F's 11.73% return. Both investments have delivered pretty close results over the past 10 years, with INIVX having a 8.50% annualized return and GC=F not far behind at 8.26%.
INIVX
19.62%
8.46%
10.49%
61.51%
8.12%
8.50%
GC=F
11.73%
6.14%
17.11%
45.45%
10.84%
8.26%
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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 7.67% compared to Gold (GC=F) at 3.97%. 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.