TRX vs. AAAU
Compare and contrast key facts about Tanzanian Gold Corporation (TRX) and Goldman Sachs Physical Gold ETF (AAAU).
AAAU is a passively managed fund by Goldman Sachs that tracks the performance of the LBMA Gold PM Price. It was launched on Jul 26, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRX or AAAU.
Correlation
The correlation between TRX and AAAU is 0.37, 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
TRX vs. AAAU - Performance Comparison
Key characteristics
TRX:
-0.01
AAAU:
3.11
TRX:
0.31
AAAU:
3.90
TRX:
1.04
AAAU:
1.53
TRX:
-0.00
AAAU:
5.81
TRX:
-0.02
AAAU:
15.98
TRX:
20.47%
AAAU:
2.96%
TRX:
43.81%
AAAU:
15.23%
TRX:
-97.69%
AAAU:
-21.63%
TRX:
-96.39%
AAAU:
0.00%
Returns By Period
In the year-to-date period, TRX achieves a 4.23% return, which is significantly lower than AAAU's 11.82% return.
TRX
4.23%
-0.00%
-15.37%
-5.19%
-11.99%
-4.75%
AAAU
11.82%
8.63%
16.58%
45.61%
12.46%
N/A
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Risk-Adjusted Performance
TRX vs. AAAU — Risk-Adjusted Performance Rank
TRX
AAAU
TRX vs. AAAU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tanzanian Gold Corporation (TRX) and Goldman Sachs Physical Gold ETF (AAAU). 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
TRX vs. AAAU - Dividend Comparison
Neither TRX nor AAAU has paid dividends to shareholders.
Drawdowns
TRX vs. AAAU - Drawdown Comparison
The maximum TRX drawdown since its inception was -97.69%, which is greater than AAAU's maximum drawdown of -21.63%. Use the drawdown chart below to compare losses from any high point for TRX and AAAU. For additional features, visit the drawdowns tool.
Volatility
TRX vs. AAAU - Volatility Comparison
Tanzanian Gold Corporation (TRX) has a higher volatility of 9.78% compared to Goldman Sachs Physical Gold ETF (AAAU) at 4.00%. This indicates that TRX's price experiences larger fluctuations and is considered to be riskier than AAAU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.