NIO vs. IAU
NIO (NIO Inc.) is a stock, while IAU (iShares Gold Trust) is Gold fund tracking the LBMA Gold Price. Over the past 5 years, NIO returned -35.22%/yr vs 17.23%/yr for IAU. At a 0.07 correlation, their price movements are largely independent.
Performance
NIO vs. IAU - Performance Comparison
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Returns By Period
In the year-to-date period, NIO achieves a 2.16% return, which is significantly higher than IAU's -2.44% return.
NIO
- 1D
- -0.38%
- 1M
- -14.59%
- YTD
- 2.16%
- 6M
- 3.58%
- 1Y
- 48.43%
- 3Y*
- -16.32%
- 5Y*
- -35.22%
- 10Y*
- —
IAU
- 1D
- 0.08%
- 1M
- -7.39%
- YTD
- -2.44%
- 6M
- -2.22%
- 1Y
- 22.32%
- 3Y*
- 29.07%
- 5Y*
- 17.23%
- 10Y*
- 12.31%
NIO vs. IAU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
NIO NIO Inc. | 2.16% | 16.97% | -51.93% | -6.97% | -69.22% | -35.00% | 1,112.44% | -36.89% | 6.17% |
IAU iShares Gold Trust | -2.44% | 63.95% | 26.85% | 12.84% | -0.63% | -4.00% | 25.03% | 17.98% | 7.06% |
Correlation
The correlation between NIO and IAU is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Sep 12, 2018 | 0.07 |
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Return for Risk
NIO vs. IAU — Risk / Return Rank
NIO
IAU
NIO vs. IAU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NIO Inc. (NIO) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NIO | IAU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.18 | ||
| Sortino ratioReturn per unit of downside risk | +0.18 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.19 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.01 | 0.99 | +0.02 |
| Martin ratioReturn relative to average drawdown | 1.78 | 2.83 | -1.05 |
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Drawdowns
NIO vs. IAU - Drawdown Comparison
The maximum NIO drawdown since its inception was -95.00%, which is greater than IAU's maximum drawdown of -45.14%. Use the drawdown chart below to compare losses from any high point for NIO and IAU.
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Drawdown Indicators
| NIO | IAU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.00% | -45.14% | -49.86% |
Max Drawdown (1Y)Largest decline over 1 year | -43.73% | -24.40% | -19.33% |
Max Drawdown (3Y)Largest decline over 3 years | -79.69% | -24.40% | -55.29% |
Max Drawdown (5Y)Largest decline over 5 years | -94.10% | -24.40% | -69.70% |
Max Drawdown (10Y)Largest decline over 10 years | — | -24.40% | — |
Current DrawdownCurrent decline from peak | -91.71% | -22.03% | -69.68% |
Average DrawdownAverage peak-to-trough decline | -67.90% | -15.97% | -51.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.74% | 8.47% | +16.27% |
Volatility
NIO vs. IAU - Volatility Comparison
NIO Inc. (NIO) has a higher volatility of 17.58% compared to iShares Gold Trust (IAU) at 7.70%. This indicates that NIO'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.
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Volatility by Period
| NIO | IAU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.58% | 7.70% | +9.88% |
Volatility (6M)Calculated over the trailing 6-month period | 41.08% | 23.94% | +17.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 62.74% | 27.17% | +35.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 71.62% | 18.16% | +53.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 86.66% | 16.02% | +70.64% |
Dividends
NIO vs. IAU - Dividend Comparison
Neither NIO nor IAU has paid dividends to shareholders.
Frequently Asked Questions
NIO and IAU have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NIO has higher volatility (17.58%) compared to IAU (7.70%). In terms of maximum drawdown, NIO dropped -95.00% vs IAU's -45.14%.
IAU currently has the higher Sharpe Ratio (0.89 vs 0.70), 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.
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