RMAU.L vs. AIL.DE
RMAU.L (The Royal Mint Physical Gold ETC Securities) is Commodities fund tracking the LBMA Gold PM Price, while AIL.DE (Air Liquide SA) is a stock. Over the past 5 years, RMAU.L returned 17.26%/yr vs 17.70%/yr for AIL.DE. At a 0.20 correlation, their price movements are largely independent.
Performance
RMAU.L vs. AIL.DE - Performance Comparison
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Different Trading Currencies
RMAU.L is traded in USD, while AIL.DE is traded in EUR. To make them comparable, the AIL.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, RMAU.L achieves a -2.00% return, which is significantly lower than AIL.DE's 27.57% return.
RMAU.L
- 1D
- 3.61%
- 1M
- -9.99%
- YTD
- -2.00%
- 6M
- -1.35%
- 1Y
- 25.13%
- 3Y*
- 29.18%
- 5Y*
- 17.26%
- 10Y*
- —
AIL.DE
- 1D
- 1.82%
- 1M
- 5.45%
- YTD
- 27.57%
- 6M
- 29.25%
- 1Y
- 12.98%
- 3Y*
- 20.94%
- 5Y*
- 17.70%
- 10Y*
- 19.74%
RMAU.L vs. AIL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
RMAU.L The Royal Mint Physical Gold ETC Securities | -2.00% | 64.59% | 25.96% | 13.29% | -0.19% | -4.17% | 19.56% |
AIL.DE Air Liquide SA | 27.57% | 19.26% | 2.24% | 39.23% | 2.09% | 7.66% | 12.91% |
Correlation
The correlation between RMAU.L and AIL.DE is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Feb 14, 2020 | 0.20 |
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Return for Risk
RMAU.L vs. AIL.DE — Risk / Return Rank
RMAU.L
AIL.DE
RMAU.L vs. AIL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Royal Mint Physical Gold ETC Securities (RMAU.L) and Air Liquide SA (AIL.DE). 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.
| RMAU.L | AIL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.40 | ||
| Sortino ratioReturn per unit of downside risk | +0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.13 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.07 | 0.82 | +0.25 |
| Martin ratioReturn relative to average drawdown | 3.32 | 1.72 | +1.60 |
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Drawdowns
RMAU.L vs. AIL.DE - Drawdown Comparison
The maximum RMAU.L drawdown since its inception was -23.34%, smaller than the maximum AIL.DE drawdown of -51.79%. Use the drawdown chart below to compare losses from any high point for RMAU.L and AIL.DE.
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Drawdown Indicators
| RMAU.L | AIL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.34% | -51.79% | +28.45% |
Max Drawdown (1Y)Largest decline over 1 year | -23.34% | -15.69% | -7.65% |
Max Drawdown (3Y)Largest decline over 3 years | -23.34% | -18.90% | -4.44% |
Max Drawdown (5Y)Largest decline over 5 years | -23.34% | -29.64% | +6.30% |
Max Drawdown (10Y)Largest decline over 10 years | — | -29.88% | — |
Current DrawdownCurrent decline from peak | -20.57% | -1.36% | -19.21% |
Average DrawdownAverage peak-to-trough decline | -6.91% | -10.14% | +3.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.54% | 7.52% | +0.02% |
Volatility
RMAU.L vs. AIL.DE - Volatility Comparison
The Royal Mint Physical Gold ETC Securities (RMAU.L) has a higher volatility of 7.86% compared to Air Liquide SA (AIL.DE) at 6.53%. This indicates that RMAU.L's price experiences larger fluctuations and is considered to be riskier than AIL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RMAU.L | AIL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.86% | 6.53% | +1.33% |
Volatility (6M)Calculated over the trailing 6-month period | 22.58% | 18.93% | +3.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.49% | 22.26% | +3.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.65% | 23.46% | -5.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.86% | 29.51% | -11.65% |
Dividends
RMAU.L vs. AIL.DE - Dividend Comparison
RMAU.L has not paid dividends to shareholders, while AIL.DE's dividend yield for the trailing twelve months is around 2.00%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AIL.DE Air Liquide SA | 2.00% | 2.26% | 2.06% | 2.02% | 2.38% | 2.38% | 2.67% | 2.54% | 3.65% | 3.28% | 3.65% | 3.65% |
RMAU.L The Royal Mint Physical Gold ETC Securities | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
RMAU.L and AIL.DE have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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