SGDJ vs. IAU
Compare and contrast key facts about Sprott Junior Gold Miners ETF (SGDJ) and iShares Gold Trust (IAU).
SGDJ and IAU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SGDJ is a passively managed fund by Sprott that tracks the performance of the Solactive Junior Gold Miners Custom Factors Index. It was launched on Mar 31, 2015. IAU is a passively managed fund by iShares that tracks the performance of the Gold Bullion. It was launched on Jan 28, 2005. Both SGDJ and IAU are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SGDJ or IAU.
Key characteristics
| SGDJ | IAU | |
|---|---|---|
| YTD Return | 18.98% | 24.16% |
| 1Y Return | 33.29% | 30.69% |
| 3Y Return (Ann) | -6.53% | 11.01% |
| 5Y Return (Ann) | 5.22% | 11.67% |
| Sharpe Ratio | 0.94 | 2.06 |
| Sortino Ratio | 1.47 | 2.76 |
| Omega Ratio | 1.18 | 1.36 |
| Calmar Ratio | 0.70 | 3.81 |
| Martin Ratio | 4.20 | 12.77 |
| Ulcer Index | 7.80% | 2.38% |
| Daily Std Dev | 35.03% | 14.74% |
| Max Drawdown | -59.27% | -45.14% |
| Current Drawdown | -27.24% | -7.96% |
Correlation
The correlation between SGDJ and IAU is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SGDJ vs. IAU - Performance Comparison
In the year-to-date period, SGDJ achieves a 18.98% return, which is significantly lower than IAU's 24.16% 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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SGDJ vs. IAU - Expense Ratio Comparison
SGDJ has a 0.50% expense ratio, which is higher than IAU's 0.25% expense ratio.
Risk-Adjusted Performance
SGDJ vs. IAU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Sprott Junior Gold Miners ETF (SGDJ) 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.
Dividends
SGDJ vs. IAU - Dividend Comparison
SGDJ's dividend yield for the trailing twelve months is around 3.82%, while IAU has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
SGDJ Sprott Junior Gold Miners ETF | 3.82% | 4.55% | 2.45% | 2.20% | 1.97% | 0.65% | 0.00% | 0.14% | 1.77% | 0.85% |
IAU iShares Gold Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SGDJ vs. IAU - Drawdown Comparison
The maximum SGDJ drawdown since its inception was -59.27%, which is greater than IAU's maximum drawdown of -45.14%. Use the drawdown chart below to compare losses from any high point for SGDJ and IAU. For additional features, visit the drawdowns tool.
Volatility
SGDJ vs. IAU - Volatility Comparison
Sprott Junior Gold Miners ETF (SGDJ) has a higher volatility of 8.95% compared to iShares Gold Trust (IAU) at 5.45%. This indicates that SGDJ'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.