SGOL vs. IAUM
Compare and contrast key facts about Aberdeen Standard Physical Gold Shares ETF (SGOL) and iShares Gold Trust Micro ETF of Benef Interest (IAUM).
SGOL and IAUM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SGOL is a passively managed fund by Abrdn Plc that tracks the performance of the LBMA Gold Price PM ($/ozt). It was launched on Sep 9, 2009. IAUM is a passively managed fund by iShares that tracks the performance of the LBMA Gold Price PM ($/ozt). It was launched on Jun 15, 2021. Both SGOL and IAUM 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: SGOL or IAUM.
Performance
SGOL vs. IAUM - Performance Comparison
Returns By Period
In the year-to-date period, SGOL achieves a 23.91% return, which is significantly lower than IAUM's 26.55% return.
SGOL
23.91%
-4.27%
5.89%
29.08%
11.63%
7.64%
IAUM
26.55%
-3.91%
8.04%
31.83%
N/A
N/A
Key characteristics
| SGOL | IAUM | |
|---|---|---|
| Sharpe Ratio | 2.08 | 2.16 |
| Sortino Ratio | 2.79 | 2.90 |
| Omega Ratio | 1.36 | 1.38 |
| Calmar Ratio | 3.76 | 3.94 |
| Martin Ratio | 12.62 | 13.02 |
| Ulcer Index | 2.42% | 2.45% |
| Daily Std Dev | 14.69% | 14.76% |
| Max Drawdown | -45.51% | -20.87% |
| Current Drawdown | -8.11% | -6.26% |
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SGOL vs. IAUM - Expense Ratio Comparison
SGOL has a 0.17% expense ratio, which is higher than IAUM's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between SGOL and IAUM is 0.99, 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.
Risk-Adjusted Performance
SGOL vs. IAUM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Aberdeen Standard Physical Gold Shares ETF (SGOL) and iShares Gold Trust Micro ETF of Benef Interest (IAUM). 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
SGOL vs. IAUM - Dividend Comparison
Neither SGOL nor IAUM has paid dividends to shareholders.
Drawdowns
SGOL vs. IAUM - Drawdown Comparison
The maximum SGOL drawdown since its inception was -45.51%, which is greater than IAUM's maximum drawdown of -20.87%. Use the drawdown chart below to compare losses from any high point for SGOL and IAUM. For additional features, visit the drawdowns tool.
Volatility
SGOL vs. IAUM - Volatility Comparison
The current volatility for Aberdeen Standard Physical Gold Shares ETF (SGOL) is 5.16%, while iShares Gold Trust Micro ETF of Benef Interest (IAUM) has a volatility of 5.57%. This indicates that SGOL experiences smaller price fluctuations and is considered to be less risky than IAUM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.