INIVX vs. NVDA
Compare and contrast key facts about VanEck International Investors Gold Fund (INIVX) and NVIDIA Corporation (NVDA).
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 NVDA.
Key characteristics
| INIVX | NVDA | |
|---|---|---|
| YTD Return | 23.92% | 128.98% |
| 1Y Return | 33.21% | 160.58% |
| 3Y Return (Ann) | 7.82% | 73.34% |
| 5Y Return (Ann) | 7.65% | 92.83% |
| 10Y Return (Ann) | 5.74% | 73.79% |
| Sharpe Ratio | 1.17 | 3.05 |
| Daily Std Dev | 27.49% | 51.74% |
| Max Drawdown | -79.09% | -89.73% |
| Current Drawdown | -31.37% | -16.37% |
Correlation
The correlation between INIVX and NVDA is 0.13, 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. NVDA - Performance Comparison
In the year-to-date period, INIVX achieves a 23.92% return, which is significantly lower than NVDA's 128.98% return. Over the past 10 years, INIVX has underperformed NVDA with an annualized return of 5.74%, while NVDA has yielded a comparatively higher 73.79% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
INIVX vs. NVDA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck International Investors Gold Fund (INIVX) and NVIDIA Corporation (NVDA). 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
INIVX vs. NVDA - Dividend Comparison
INIVX's dividend yield for the trailing twelve months is around 0.08%, more than NVDA's 0.02% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INIVX VanEck International Investors Gold Fund | 0.08% | 0.10% | 0.00% | 6.40% | 11.70% | 3.66% | 2.87% | 3.76% | 6.40% | 0.00% | 0.00% | 0.77% |
NVDA NVIDIA Corporation | 0.02% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.30% | 0.46% | 1.19% | 1.68% | 1.95% |
Drawdowns
INIVX vs. NVDA - Drawdown Comparison
The maximum INIVX drawdown since its inception was -79.09%, smaller than the maximum NVDA drawdown of -89.73%. Use the drawdown chart below to compare losses from any high point for INIVX and NVDA. For additional features, visit the drawdowns tool.
Volatility
INIVX vs. NVDA - Volatility Comparison
The current volatility for VanEck International Investors Gold Fund (INIVX) is 8.68%, while NVIDIA Corporation (NVDA) has a volatility of 17.68%. This indicates that INIVX experiences smaller price fluctuations and is considered to be less risky than NVDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.