PSEC vs. IAUM
PSEC (Prospect Capital Corporation) is a stock, while IAUM (iShares Gold Trust Micro) is Gold fund tracking the LBMA Gold Price PM. Over the past 3 years, PSEC returned -16.85%/yr vs 29.28%/yr for IAUM. At a 0.09 correlation, their price movements are largely independent.
Performance
PSEC vs. IAUM - Performance Comparison
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Returns By Period
In the year-to-date period, PSEC achieves a -3.27% return, which is significantly lower than IAUM's -2.40% return.
PSEC
- 1D
- 1.32%
- 1M
- 7.59%
- YTD
- -3.27%
- 6M
- -2.63%
- 1Y
- -14.85%
- 3Y*
- -16.85%
- 5Y*
- -13.87%
- 10Y*
- 0.41%
IAUM
- 1D
- 0.10%
- 1M
- -9.51%
- YTD
- -2.40%
- 6M
- -2.08%
- 1Y
- 22.55%
- 3Y*
- 29.28%
- 5Y*
- —
- 10Y*
- —
PSEC vs. IAUM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PSEC Prospect Capital Corporation | -3.27% | -28.86% | -18.16% | -4.13% | -8.61% | 0.11% |
IAUM iShares Gold Trust Micro | -2.40% | 64.27% | 27.04% | 13.12% | -0.49% | 3.87% |
Correlation
The correlation between PSEC and IAUM is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jun 29, 2021 | 0.09 |
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Return for Risk
PSEC vs. IAUM — Risk / Return Rank
PSEC
IAUM
PSEC vs. IAUM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Prospect Capital Corporation (PSEC) and iShares Gold Trust Micro (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.
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.
| PSEC | IAUM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.40 | ||
| Sortino ratioReturn per unit of downside risk | -1.80 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.19 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | -0.63 | 1.00 | -1.62 |
| Martin ratioReturn relative to average drawdown | -1.13 | 2.87 | -3.99 |
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Drawdowns
PSEC vs. IAUM - Drawdown Comparison
The maximum PSEC drawdown since its inception was -61.51%, which is greater than IAUM's maximum drawdown of -24.37%. Use the drawdown chart below to compare losses from any high point for PSEC and IAUM.
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Drawdown Indicators
| PSEC | IAUM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.51% | -24.37% | -37.14% |
Max Drawdown (1Y)Largest decline over 1 year | -27.04% | -24.37% | -2.67% |
Max Drawdown (3Y)Largest decline over 3 years | -50.64% | -24.37% | -26.27% |
Max Drawdown (5Y)Largest decline over 5 years | -57.21% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -57.21% | — | — |
Current DrawdownCurrent decline from peak | -53.33% | -21.99% | -31.34% |
Average DrawdownAverage peak-to-trough decline | -15.65% | -5.38% | -10.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.04% | 8.46% | +6.58% |
Volatility
PSEC vs. IAUM - Volatility Comparison
Prospect Capital Corporation (PSEC) has a higher volatility of 10.61% compared to iShares Gold Trust Micro (IAUM) at 7.71%. This indicates that PSEC'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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Volatility by Period
| PSEC | IAUM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.61% | 7.71% | +2.90% |
Volatility (6M)Calculated over the trailing 6-month period | 27.53% | 23.82% | +3.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.82% | 27.06% | +6.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.06% | 18.05% | +10.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.36% | 18.05% | +9.31% |
Dividends
PSEC vs. IAUM - Dividend Comparison
PSEC's dividend yield for the trailing twelve months is around 22.94%, while IAUM has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IAUM iShares Gold Trust Micro | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PSEC Prospect Capital Corporation | 22.94% | 20.85% | 16.01% | 12.02% | 10.30% | 8.56% | 13.31% | 11.18% | 11.41% | 13.45% | 11.98% | 14.72% |
Frequently Asked Questions
PSEC and IAUM have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PSEC has higher volatility (10.61%) compared to IAUM (7.71%). In terms of maximum drawdown, PSEC dropped -61.51% vs IAUM's -24.37%.
IAUM currently has the higher Sharpe Ratio (0.90 vs -0.50), 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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