OR vs. IAUM
Compare and contrast key facts about Osisko Gold Royalties Ltd (OR) 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: OR or IAUM.
Key characteristics
| OR | IAUM | |
|---|---|---|
| YTD Return | 31.29% | 24.32% |
| 1Y Return | 54.41% | 30.86% |
| 3Y Return (Ann) | 12.57% | 11.23% |
| Sharpe Ratio | 1.83 | 2.09 |
| Sortino Ratio | 2.44 | 2.81 |
| Omega Ratio | 1.30 | 1.36 |
| Calmar Ratio | 1.79 | 3.88 |
| Martin Ratio | 11.54 | 12.98 |
| Ulcer Index | 4.69% | 2.36% |
| Daily Std Dev | 29.61% | 14.64% |
| Max Drawdown | -61.96% | -20.87% |
| Current Drawdown | -11.90% | -7.91% |
Correlation
The correlation between OR and IAUM is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
OR vs. IAUM - Performance Comparison
In the year-to-date period, OR achieves a 31.29% return, which is significantly higher than IAUM's 24.32% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
OR vs. IAUM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Osisko Gold Royalties Ltd (OR) 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.
Dividends
OR vs. IAUM - Dividend Comparison
OR's dividend yield for the trailing twelve months is around 0.99%, while IAUM has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
OR Osisko Gold Royalties Ltd | 0.99% | 1.23% | 1.84% | 1.82% | 1.18% | 1.56% | 1.72% | 1.21% | 1.65% |
IAUM iShares Gold Trust Micro ETF of Benef Interest | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
OR vs. IAUM - Drawdown Comparison
The maximum OR drawdown since its inception was -61.96%, which is greater than IAUM's maximum drawdown of -20.87%. Use the drawdown chart below to compare losses from any high point for OR and IAUM. For additional features, visit the drawdowns tool.
Volatility
OR vs. IAUM - Volatility Comparison
Osisko Gold Royalties Ltd (OR) has a higher volatility of 9.24% compared to iShares Gold Trust Micro ETF of Benef Interest (IAUM) at 5.32%. This indicates that OR'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.