SGDLX vs. IAU
Compare and contrast key facts about Sprott Gold Equity Fund (SGDLX) and iShares Gold Trust (IAU).
SGDLX is managed by Sprott. It was launched on Jun 28, 1998. IAU is a passively managed fund by iShares that tracks the performance of the Gold Bullion. It was launched on Jan 28, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SGDLX or IAU.
Correlation
The correlation between SGDLX and IAU is 0.06, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SGDLX vs. IAU - Performance Comparison
Key characteristics
SGDLX:
1.56
IAU:
2.41
SGDLX:
2.17
IAU:
3.21
SGDLX:
1.27
IAU:
1.41
SGDLX:
0.90
IAU:
4.98
SGDLX:
6.00
IAU:
13.56
SGDLX:
7.50%
IAU:
2.99%
SGDLX:
28.93%
IAU:
16.84%
SGDLX:
-76.09%
IAU:
-45.14%
SGDLX:
-25.13%
IAU:
-3.75%
Returns By Period
In the year-to-date period, SGDLX achieves a 35.11% return, which is significantly higher than IAU's 25.57% return. Over the past 10 years, SGDLX has underperformed IAU with an annualized return of 7.98%, while IAU has yielded a comparatively higher 10.59% annualized return.
SGDLX
35.11%
6.88%
14.89%
48.26%
10.06%
7.98%
IAU
25.57%
5.44%
18.08%
43.58%
13.95%
10.59%
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SGDLX vs. IAU - Expense Ratio Comparison
SGDLX has a 1.44% expense ratio, which is higher than IAU's 0.25% expense ratio.
Risk-Adjusted Performance
SGDLX vs. IAU — Risk-Adjusted Performance Rank
SGDLX
IAU
SGDLX vs. IAU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Sprott Gold Equity Fund (SGDLX) 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
SGDLX vs. IAU - Dividend Comparison
Neither SGDLX nor IAU has paid dividends to shareholders.
TTM | 2024 | 2023 | 2022 | |
---|---|---|---|---|
SGDLX Sprott Gold Equity Fund | 0.00% | 0.00% | 0.00% | 0.12% |
IAU iShares Gold Trust | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SGDLX vs. IAU - Drawdown Comparison
The maximum SGDLX drawdown since its inception was -76.09%, which is greater than IAU's maximum drawdown of -45.14%. Use the drawdown chart below to compare losses from any high point for SGDLX and IAU. For additional features, visit the drawdowns tool.
Volatility
SGDLX vs. IAU - Volatility Comparison
Sprott Gold Equity Fund (SGDLX) has a higher volatility of 13.32% compared to iShares Gold Trust (IAU) at 8.39%. This indicates that SGDLX'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.