SEC0.DE vs. IAU
SEC0.DE (iShares MSCI Global Semiconductors UCITS ETF USD (Acc)) and IAU (iShares Gold Trust) are both exchange-traded funds - SEC0.DE is a Semiconductors fund tracking the MSCI ACWI IMI Semiconductors & Semiconductor Equipment ESG Screened Select Capped, while IAU is a Gold fund tracking the LBMA Gold Price. Both are passively managed. Over the past 3 years, SEC0.DE returned 50.01%/yr vs 25.48%/yr for IAU. At a 0.05 correlation, their price movements are largely independent. SEC0.DE charges 0.35%/yr vs 0.25%/yr for IAU.
Performance
SEC0.DE vs. IAU - Performance Comparison
Loading charts...
Different Trading Currencies
SEC0.DE is traded in EUR, while IAU is traded in USD. To make them comparable, the IAU values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, SEC0.DE achieves a 77.06% return, which is significantly higher than IAU's -4.48% return.
SEC0.DE
- 1D
- 0.00%
- 1M
- -18.53%
- 6M
- 57.29%
- YTD
- 77.06%
- 1Y
- 132.65%
- 3Y*
- 50.01%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 31.43%
IAU
- 1D
- 0.01%
- 1M
- -4.62%
- 6M
- -11.25%
- YTD
- -4.48%
- 1Y
- 21.53%
- 3Y*
- 25.48%
- 5Y*
- 17.79%
- 10Y*
- 11.00%
- ALL TIME*
- 10.23%
SEC0.DE vs. IAU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SEC0.DE iShares MSCI Global Semiconductors UCITS ETF USD (Acc) | 77.06% | 36.46% | 20.85% | 61.01% | -32.22% | 21.50% |
IAU iShares Gold Trust | -4.48% | 44.49% | 35.22% | 9.45% | 5.53% | 5.49% |
Correlation
The correlation between SEC0.DE and IAU is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Aug 6, 2021 | 0.05 |
The correlation between SEC0.DE and IAU shifts across timeframes, from 0.05 (all time) to 0.24 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SEC0.DE vs. IAU — Risk / Return Rank
SEC0.DE
IAU
SEC0.DE vs. IAU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Global Semiconductors UCITS ETF USD (Acc) (SEC0.DE) 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.
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.
| SEC0.DE | IAU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.65 | ||
| Sortino ratioReturn per unit of downside risk | +2.55 | ||
| Omega ratioGain probability vs. loss probability | 1.48 | 1.17 | +0.30 |
| Calmar ratioReturn relative to maximum drawdown | 6.49 | 0.91 | +5.59 |
| Martin ratioReturn relative to average drawdown | 26.31 | 2.13 | +24.17 |
Loading charts...
Drawdowns
SEC0.DE vs. IAU - Drawdown Comparison
The maximum SEC0.DE drawdown since its inception was -39.35%, which is greater than IAU's maximum drawdown of -37.42%. Use the drawdown chart below to compare losses from any high point for SEC0.DE and IAU.
Loading charts...
Drawdown Indicators
| SEC0.DE | IAU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.35% | -37.42% | -1.93% |
Max Drawdown (1Y)Largest decline over 1 year | -20.55% | -23.87% | +3.32% |
Max Drawdown (3Y)Largest decline over 3 years | -39.35% | -23.87% | -15.48% |
Max Drawdown (5Y)Largest decline over 5 years | — | -23.87% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -23.87% | — |
Current DrawdownCurrent decline from peak | -20.55% | -23.13% | +2.58% |
Average DrawdownAverage peak-to-trough decline | -11.76% | -12.16% | +0.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.06% | 10.12% | -5.06% |
Volatility
SEC0.DE vs. IAU - Volatility Comparison
iShares MSCI Global Semiconductors UCITS ETF USD (Acc) (SEC0.DE) has a higher volatility of 17.79% compared to iShares Gold Trust (IAU) at 5.77%. This indicates that SEC0.DE's price experiences larger fluctuations and is considered to be riskier than IAU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SEC0.DE | IAU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.79% | 5.77% | +12.02% |
Volatility (6M)Calculated over the trailing 6-month period | 31.94% | 22.37% | +9.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.40% | 26.15% | +12.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.11% | 17.01% | +14.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.11% | 14.81% | +16.30% |
SEC0.DE vs. IAU - Expense Ratio Comparison
SEC0.DE has a 0.35% expense ratio, which is higher than IAU's 0.25% expense ratio.
Dividends
SEC0.DE vs. IAU - Dividend Comparison
Neither SEC0.DE nor IAU has paid dividends to shareholders.
Frequently Asked Questions
SEC0.DE and IAU have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IAU is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IAU is cheaper with a 0.25% expense ratio, compared with 0.35% for SEC0.DE.
SEC0.DE is categorized as Semiconductors, while IAU is Gold. SEC0.DE tracks MSCI ACWI IMI Semiconductors & Semiconductor Equipment ESG Screened Select Capped, while IAU tracks LBMA Gold Price. Their fees differ too: 0.35% for SEC0.DE and 0.25% for IAU.
Find the right allocation for SEC0.DE and IAU
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer