SATA vs. IAUI

Last updated Jun 5, 2026

SATA (Strive, Inc. Variable Rate Series A Perpetual Preferred Stock) is a stock, while IAUI (NEOS Gold High Income ETF) is Derivative Income fund actively managed by Neos. At a 0.05 correlation, their price movements are largely independent.

Performance

SATA vs. IAUI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strive, Inc. Variable Rate Series A Perpetual Preferred Stock (SATA) and NEOS Gold High Income ETF (IAUI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SATA achieves a 7.12% return, which is significantly higher than IAUI's 2.26% return.

SATA

• 1D: -0.42%
• 1M: -2.04%
• YTD: 7.12%
• 6M: 12.39%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IAUI

• 1D: 0.61%
• 1M: -1.21%
• YTD: 2.26%
• 6M: 4.46%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SATA vs. IAUI - Yearly Performance Comparison

	2026 (YTD)	2025
SATA Strive, Inc. Variable Rate Series A Perpetual Preferred Stock	7.12%	5.59%
IAUI NEOS Gold High Income ETF	2.26%	4.45%

Correlation

The correlation between SATA and IAUI is 0.05, 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 (All Time) Calculated using the full available price history since Nov 11, 2025	0.05

Return for Risk

SATA vs. IAUI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strive, Inc. Variable Rate Series A Perpetual Preferred Stock (SATA) and NEOS Gold High Income ETF (IAUI). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	SATA	IAUI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.02	1.16	-0.15

Drawdowns

SATA vs. IAUI - Drawdown Comparison

The maximum SATA drawdown since its inception was -17.06%, roughly equal to the maximum IAUI drawdown of -16.88%. Use the drawdown chart below to compare losses from any high point for SATA and IAUI.

Drawdown Indicators

	SATA	IAUI	Difference
Max Drawdown Largest peak-to-trough decline	-17.06%	-16.88%	-0.18%
Current Drawdown Current decline from peak	-3.07%	-13.27%	+10.20%
Average Drawdown Average peak-to-trough decline	-2.47%	-3.49%	+1.02%

Volatility

Volatility by Period

	SATA	IAUI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	24.32%	20.28%	+4.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.32%	20.28%	+4.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.32%	20.28%	+4.04%

Dividends

SATA vs. IAUI - Dividend Comparison

SATA's dividend yield for the trailing twelve months is around 7.72%, less than IAUI's 12.58% yield.

Position	TTM	2025
IAUI NEOS Gold High Income ETF	12.58%	6.88%
SATA Strive, Inc. Variable Rate Series A Perpetual Preferred Stock	7.72%	2.27%

Frequently Asked Questions

Can I hold both SATA and IAUI in my portfolio?

SATA and IAUI have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.