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MTAL vs. IAUM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between MTAL and IAUM is 0.09, 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.

MTAL vs. IAUM

Last updated Jun 1, 2025

Compare and contrast key facts about Metals Acquisition Corp (MTAL) and iShares Gold Trust Micro ETF of Benef Interest (IAUM).

IAUM is a passively managed fund by iShares that tracks the performance of the LBMA Gold Price PM ($/ozt). It was launched on Jun 15, 2021.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MTAL or IAUM.

Performance

MTAL vs. IAUM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Metals Acquisition Corp (MTAL) and iShares Gold Trust Micro ETF of Benef Interest (IAUM). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

MTAL:

-0.34

IAUM:

2.30

Sortino Ratio

MTAL:

-0.23

IAUM:

3.00

Omega Ratio

MTAL:

0.97

IAUM:

1.38

Calmar Ratio

MTAL:

-0.39

IAUM:

4.88

Martin Ratio

MTAL:

-0.76

IAUM:

13.33

Ulcer Index

MTAL:

24.68%

IAUM:

2.96%

Daily Std Dev

MTAL:

51.29%

IAUM:

17.75%

Max Drawdown

MTAL:

-47.49%

IAUM:

-20.87%

Current Drawdown

MTAL:

-18.66%

IAUM:

-3.84%

Returns By Period

In the year-to-date period, MTAL achieves a 14.50% return, which is significantly lower than IAUM's 25.49% return.

MTAL

YTD

14.50%

1M

37.09%

6M

-4.25%

1Y

-18.11%

3Y*

7.02%

5Y*

N/A

10Y*

N/A

IAUM

YTD

25.49%

1M

2.05%

6M

23.69%

1Y

41.37%

3Y*

21.43%

5Y*

N/A

10Y*

N/A

*Annualized

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Metals Acquisition Corp

iShares Gold Trust Micro ETF of Benef Interest

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

MTAL vs. IAUM — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
MTAL
The Risk-Adjusted Performance Rank of MTAL is 3030
Overall Rank
The Sharpe Ratio Rank of MTAL is 3131
Sharpe Ratio Rank
The Sortino Ratio Rank of MTAL is 2929
Sortino Ratio Rank
The Omega Ratio Rank of MTAL is 3030
Omega Ratio Rank
The Calmar Ratio Rank of MTAL is 2525
Calmar Ratio Rank
The Martin Ratio Rank of MTAL is 3333
Martin Ratio Rank
IAUM
The Risk-Adjusted Performance Rank of IAUM is 9595
Overall Rank
The Sharpe Ratio Rank of IAUM is 9696
Sharpe Ratio Rank
The Sortino Ratio Rank of IAUM is 9595
Sortino Ratio Rank
The Omega Ratio Rank of IAUM is 9393
Omega Ratio Rank
The Calmar Ratio Rank of IAUM is 9797
Calmar Ratio Rank
The Martin Ratio Rank of IAUM is 9595
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

MTAL vs. IAUM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Metals Acquisition Corp (MTAL) and iShares Gold Trust Micro ETF of Benef Interest (IAUM). 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.

The current MTAL Sharpe Ratio is -0.34, which is lower than the IAUM Sharpe Ratio of 2.30. The chart below compares the historical Sharpe Ratios of MTAL and IAUM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

MTAL vs. IAUM - Dividend Comparison

Neither MTAL nor IAUM has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

MTAL vs. IAUM - Drawdown Comparison

The maximum MTAL drawdown since its inception was -47.49%, which is greater than IAUM's maximum drawdown of -20.87%. Use the drawdown chart below to compare losses from any high point for MTAL and IAUM.

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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

MTAL vs. IAUM - Volatility Comparison

Metals Acquisition Corp (MTAL) has a higher volatility of 19.85% compared to iShares Gold Trust Micro ETF of Benef Interest (IAUM) at 7.88%. This indicates that MTAL's price experiences larger fluctuations and is considered to be riskier than IAUM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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