OBIL vs. IAU
Compare and contrast key facts about US Treasury 12 Month Bill ETF (OBIL) and iShares Gold Trust (IAU).
OBIL and IAU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. OBIL is a passively managed fund by US Benchmark Series that tracks the performance of the ICE BofA US 1-Year Treasury Bill Index - Benchmark TR Gross. It was launched on Nov 14, 2022. IAU is a passively managed fund by iShares that tracks the performance of the Gold Bullion. It was launched on Jan 28, 2005. Both OBIL and IAU are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OBIL or IAU.
Correlation
The correlation between OBIL and IAU is -0.80. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
OBIL vs. IAU - Performance Comparison
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Key characteristics
OBIL:
0.70%
IAU:
17.47%
OBIL:
-0.06%
IAU:
-45.14%
OBIL:
-0.01%
IAU:
-2.82%
Returns By Period
OBIL
N/A
N/A
N/A
N/A
N/A
N/A
IAU
26.78%
2.97%
23.81%
40.49%
14.09%
10.30%
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OBIL vs. IAU - Expense Ratio Comparison
OBIL has a 0.15% expense ratio, which is lower than IAU's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
OBIL vs. IAU — Risk-Adjusted Performance Rank
OBIL
IAU
OBIL vs. IAU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for US Treasury 12 Month Bill ETF (OBIL) 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.
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Dividends
OBIL vs. IAU - Dividend Comparison
Neither OBIL nor IAU has paid dividends to shareholders.
Drawdowns
OBIL vs. IAU - Drawdown Comparison
The maximum OBIL drawdown since its inception was -0.06%, smaller than the maximum IAU drawdown of -45.14%. Use the drawdown chart below to compare losses from any high point for OBIL and IAU. For additional features, visit the drawdowns tool.
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Volatility
OBIL vs. IAU - Volatility Comparison
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