MNT.TO vs. IAU
Compare and contrast key facts about Royal Canadian Mint - Canadian Gold Reserves (MNT.TO) and iShares Gold Trust (IAU).
MNT.TO and IAU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IAU is a passively managed fund by iShares that tracks the performance of the Gold Bullion. It was launched on Jan 28, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MNT.TO or IAU.
Correlation
The correlation between MNT.TO and IAU is 0.77, 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
MNT.TO vs. IAU - Performance Comparison
Key characteristics
MNT.TO:
2.96
IAU:
1.93
MNT.TO:
3.74
IAU:
2.55
MNT.TO:
1.52
IAU:
1.34
MNT.TO:
2.63
IAU:
3.55
MNT.TO:
23.57
IAU:
10.15
MNT.TO:
2.02%
IAU:
2.85%
MNT.TO:
16.09%
IAU:
14.97%
MNT.TO:
-34.79%
IAU:
-45.14%
MNT.TO:
-1.37%
IAU:
-5.98%
Returns By Period
In the year-to-date period, MNT.TO achieves a 46.19% return, which is significantly higher than IAU's 26.83% return. Over the past 10 years, MNT.TO has outperformed IAU with an annualized return of 10.55%, while IAU has yielded a comparatively lower 8.12% annualized return.
MNT.TO
46.19%
2.79%
22.62%
47.39%
13.76%
10.55%
IAU
26.83%
-1.06%
12.78%
27.97%
11.90%
8.12%
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MNT.TO vs. IAU - Expense Ratio Comparison
Risk-Adjusted Performance
MNT.TO vs. IAU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Royal Canadian Mint - Canadian Gold Reserves (MNT.TO) 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.
Dividends
MNT.TO vs. IAU - Dividend Comparison
Neither MNT.TO nor IAU has paid dividends to shareholders.
Drawdowns
MNT.TO vs. IAU - Drawdown Comparison
The maximum MNT.TO drawdown since its inception was -34.79%, smaller than the maximum IAU drawdown of -45.14%. Use the drawdown chart below to compare losses from any high point for MNT.TO and IAU. For additional features, visit the drawdowns tool.
Volatility
MNT.TO vs. IAU - Volatility Comparison
Royal Canadian Mint - Canadian Gold Reserves (MNT.TO) and iShares Gold Trust (IAU) have volatilities of 5.30% and 5.09%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.