INVZ vs. IAU
INVZ (Innoviz Technologies Ltd.) is a stock, while IAU (iShares Gold Trust) is Gold fund tracking the LBMA Gold Price. Over the past 5 years, INVZ returned -40.42%/yr vs 18.82%/yr for IAU. At a 0.07 correlation, their price movements are largely independent.
Performance
INVZ vs. IAU - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, INVZ achieves a -8.29% return, which is significantly lower than IAU's 4.00% return.
INVZ
- 1D
- -3.85%
- 1M
- 16.58%
- YTD
- -8.29%
- 6M
- -36.90%
- 1Y
- -11.13%
- 3Y*
- -36.39%
- 5Y*
- -40.42%
- 10Y*
- —
IAU
- 1D
- 0.18%
- 1M
- -2.65%
- YTD
- 4.00%
- 6M
- 6.47%
- 1Y
- 32.38%
- 3Y*
- 31.72%
- 5Y*
- 18.82%
- 10Y*
- 13.42%
INVZ vs. IAU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
INVZ Innoviz Technologies Ltd. | -8.29% | -49.22% | -33.60% | -35.62% | -38.01% | -34.97% |
IAU iShares Gold Trust | 4.00% | 63.95% | 26.85% | 12.84% | -0.63% | 5.81% |
Correlation
The correlation between INVZ and IAU is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Apr 6, 2021 | 0.07 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
INVZ vs. IAU — Risk / Return Rank
INVZ
IAU
INVZ vs. IAU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innoviz Technologies Ltd. (INVZ) and iShares Gold Trust (IAU). 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.
| INVZ | IAU | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.12 | 1.23 | -1.35 |
Sortino ratioReturn per unit of downside risk | 0.54 | 1.63 | -1.09 |
Omega ratioGain probability vs. loss probability | 1.06 | 1.25 | -0.19 |
Calmar ratioReturn relative to maximum drawdown | -0.19 | 1.87 | -2.05 |
Martin ratioReturn relative to average drawdown | -0.30 | 4.69 | -4.99 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| INVZ | IAU | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.12 | 1.23 | -1.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.46 | 1.05 | -1.51 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.85 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.44 | 0.63 | -1.06 |
Drawdowns
INVZ vs. IAU - Drawdown Comparison
The maximum INVZ drawdown since its inception was -96.06%, which is greater than IAU's maximum drawdown of -45.14%. Use the drawdown chart below to compare losses from any high point for INVZ and IAU.
Loading charts...
Drawdown Indicators
| INVZ | IAU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.06% | -45.14% | -50.92% |
Max Drawdown (1Y)Largest decline over 1 year | -75.21% | -19.18% | -56.03% |
Max Drawdown (3Y)Largest decline over 3 years | -88.12% | -19.18% | -68.94% |
Max Drawdown (5Y)Largest decline over 5 years | -95.43% | -20.93% | -74.50% |
Max Drawdown (10Y)Largest decline over 10 years | — | -21.82% | — |
Current DrawdownCurrent decline from peak | -93.66% | -16.88% | -76.78% |
Average DrawdownAverage peak-to-trough decline | -74.81% | -15.96% | -58.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 46.82% | 7.63% | +39.19% |
Volatility
INVZ vs. IAU - Volatility Comparison
Innoviz Technologies Ltd. (INVZ) has a higher volatility of 32.66% compared to iShares Gold Trust (IAU) at 5.78%. This indicates that INVZ's price experiences larger fluctuations and is considered to be riskier than IAU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| INVZ | IAU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 32.66% | 5.78% | +26.88% |
Volatility (6M)Calculated over the trailing 6-month period | 58.71% | 23.00% | +35.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 92.56% | 26.51% | +66.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 89.01% | 17.96% | +71.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 89.02% | 15.90% | +73.12% |
Dividends
INVZ vs. IAU - Dividend Comparison
Neither INVZ nor IAU has paid dividends to shareholders.
Frequently Asked Questions
INVZ and IAU have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
INVZ has higher volatility (32.66%) compared to IAU (5.78%). In terms of maximum drawdown, INVZ dropped -96.06% vs IAU's -45.14%.
IAU currently has the higher Sharpe Ratio (1.23 vs -0.12), 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.
Find the right allocation for INVZ and IAU
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer