KILO.TO vs. OUNZ
Compare and contrast key facts about Purpose Gold Bullion Fund (KILO.TO) and VanEck Merk Gold Trust (OUNZ).
KILO.TO and OUNZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. OUNZ is a passively managed fund by Merk that tracks the performance of the LBMA Gold Price PM ($/ozt). It was launched on May 16, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KILO.TO or OUNZ.
Correlation
The correlation between KILO.TO and OUNZ is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
KILO.TO vs. OUNZ - Performance Comparison
Key characteristics
KILO.TO:
1.72
OUNZ:
1.81
KILO.TO:
2.27
OUNZ:
2.42
KILO.TO:
1.31
OUNZ:
1.32
KILO.TO:
3.20
OUNZ:
3.33
KILO.TO:
8.74
OUNZ:
9.28
KILO.TO:
2.96%
OUNZ:
2.91%
KILO.TO:
15.08%
OUNZ:
14.90%
KILO.TO:
-22.67%
OUNZ:
-21.77%
KILO.TO:
-6.48%
OUNZ:
-5.58%
Returns By Period
In the year-to-date period, KILO.TO achieves a 25.41% return, which is significantly lower than OUNZ's 27.25% return.
KILO.TO
25.41%
-0.72%
11.52%
24.24%
10.44%
N/A
OUNZ
27.25%
0.04%
13.04%
26.37%
11.49%
7.97%
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KILO.TO vs. OUNZ - Expense Ratio Comparison
Risk-Adjusted Performance
KILO.TO vs. OUNZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Purpose Gold Bullion Fund (KILO.TO) and VanEck Merk Gold Trust (OUNZ). 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
KILO.TO vs. OUNZ - Dividend Comparison
Neither KILO.TO nor OUNZ has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
KILO.TO Purpose Gold Bullion Fund | 0.00% | 0.00% | 0.00% | 0.00% | 1.41% |
OUNZ VanEck Merk Gold Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
KILO.TO vs. OUNZ - Drawdown Comparison
The maximum KILO.TO drawdown since its inception was -22.67%, roughly equal to the maximum OUNZ drawdown of -21.77%. Use the drawdown chart below to compare losses from any high point for KILO.TO and OUNZ. For additional features, visit the drawdowns tool.
Volatility
KILO.TO vs. OUNZ - Volatility Comparison
Purpose Gold Bullion Fund (KILO.TO) has a higher volatility of 5.09% compared to VanEck Merk Gold Trust (OUNZ) at 3.95%. This indicates that KILO.TO's price experiences larger fluctuations and is considered to be riskier than OUNZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.