UNWPX vs. FEGOX

Last updated Apr 2, 2026

Compare and contrast key facts about U.S. Global Investors World Precious Minerals Fund (UNWPX) and First Eagle Gold Fund Class C (FEGOX).

UNWPX is managed by US Global. It was launched on Nov 26, 1985. FEGOX is an actively managed fund by First Eagle. It was launched on May 15, 2003.

Performance

UNWPX vs. FEGOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in U.S. Global Investors World Precious Minerals Fund (UNWPX) and First Eagle Gold Fund Class C (FEGOX). The values are adjusted to include any dividend payments, if applicable.

UNWPX vs. FEGOX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
UNWPX U.S. Global Investors World Precious Minerals Fund	-41.34%	136.32%	2.07%	-16.18%	-32.95%	-13.88%	70.83%	22.59%	-31.49%	-3.82%
FEGOX First Eagle Gold Fund Class C	8.71%	126.68%	9.47%	6.26%	-2.33%	-8.41%	28.65%	37.47%	-16.58%	7.37%

Returns By Period

In the year-to-date period, UNWPX achieves a -41.34% return, which is significantly lower than FEGOX's 8.71% return. Over the past 10 years, UNWPX has underperformed FEGOX with an annualized return of 1.70%, while FEGOX has yielded a comparatively higher 15.37% annualized return.

UNWPX

• 1D: -37.54%
• 1M: -53.72%
• YTD: -41.34%
• 6M: -32.73%
• 1Y: 13.36%
• 3Y*: 4.27%
• 5Y*: -6.38%
• 10Y*: 1.70%

FEGOX

• 1D: 6.17%
• 1M: -18.02%
• YTD: 8.71%
• 6M: 24.50%
• 1Y: 87.48%
• 3Y*: 37.35%
• 5Y*: 22.46%
• 10Y*: 15.37%

*Multi-year figures are annualized to reflect compound growth (CAGR)

UNWPX vs. FEGOX - Expense Ratio Comparison

UNWPX has a 1.53% expense ratio, which is lower than FEGOX's 1.91% expense ratio.

FEGOX

First Eagle Gold Fund Class C

UNWPX

U.S. Global Investors World Precious Minerals Fund

Return for Risk

UNWPX vs. FEGOX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

UNWPX

UNWPX Risk / Return Rank: 12
UNWPX Sharpe Ratio Rank: 8
UNWPX Sortino Ratio Rank: 11
UNWPX Omega Ratio Rank: 18
UNWPX Calmar Ratio Rank: 9
UNWPX Martin Ratio Rank: 14

FEGOX

FEGOX Risk / Return Rank: 91
FEGOX Sharpe Ratio Rank: 94
FEGOX Sortino Ratio Rank: 86
FEGOX Omega Ratio Rank: 86
FEGOX Calmar Ratio Rank: 94
FEGOX Martin Ratio Rank: 92

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

UNWPX vs. FEGOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for U.S. Global Investors World Precious Minerals Fund (UNWPX) and First Eagle Gold Fund Class C (FEGOX). 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.

	UNWPX	FEGOX	Difference
Sharpe ratio Return per unit of total volatility	0.25	2.26	-2.02
Sortino ratio Return per unit of downside risk	0.64	2.49	-1.85
Omega ratio Gain probability vs. loss probability	1.13	1.38	-0.25
Calmar ratio Return relative to maximum drawdown	0.26	3.32	-3.06
Martin ratio Return relative to average drawdown	1.77	12.09	-10.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UNWPX vs. FEGOX - Sharpe Ratio Comparison

The current UNWPX Sharpe Ratio is 0.25, which is lower than the FEGOX Sharpe Ratio of 2.26. The chart below compares the historical Sharpe Ratios of UNWPX and FEGOX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	UNWPX	FEGOX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.25	2.26	-2.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.19	0.80	-0.99
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.05	0.57	-0.51
Sharpe Ratio (All Time) Calculated using the full available price history	0.05	0.32	-0.26

Correlation

The correlation between UNWPX and FEGOX is 0.87, 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.

Dividends

UNWPX vs. FEGOX - Dividend Comparison

UNWPX's dividend yield for the trailing twelve months is around 10.15%, more than FEGOX's 0.64% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
UNWPX U.S. Global Investors World Precious Minerals Fund	10.15%	5.95%	0.00%	0.00%	0.00%	71.74%	6.76%	0.00%	17.45%	28.55%	0.33%	9.84%
FEGOX First Eagle Gold Fund Class C	0.64%	0.70%	5.05%	0.22%	0.00%	0.24%	0.76%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

UNWPX vs. FEGOX - Drawdown Comparison

The maximum UNWPX drawdown since its inception was -83.78%, which is greater than FEGOX's maximum drawdown of -71.67%. Use the drawdown chart below to compare losses from any high point for UNWPX and FEGOX.

Drawdown Indicators

	UNWPX	FEGOX	Difference
Max Drawdown Largest peak-to-trough decline	-83.78%	-71.67%	-12.11%
Max Drawdown (1Y) Largest decline over 1 year	-53.72%	-26.69%	-27.03%
Max Drawdown (5Y) Largest decline over 5 years	-64.16%	-34.24%	-29.92%
Max Drawdown (10Y) Largest decline over 10 years	-69.19%	-43.08%	-26.11%
Current Drawdown Current decline from peak	-66.94%	-18.02%	-48.92%
Average Drawdown Average peak-to-trough decline	-49.57%	-31.43%	-18.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.92%	7.32%	+0.60%

Volatility

UNWPX vs. FEGOX - Volatility Comparison

U.S. Global Investors World Precious Minerals Fund (UNWPX) has a higher volatility of 47.77% compared to First Eagle Gold Fund Class C (FEGOX) at 15.59%. This indicates that UNWPX's price experiences larger fluctuations and is considered to be riskier than FEGOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UNWPX	FEGOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	47.77%	15.59%	+32.18%
Volatility (6M) Calculated over the trailing 6-month period	57.55%	33.00%	+24.55%
Volatility (1Y) Calculated over the trailing 1-year period	54.52%	38.96%	+15.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.32%	28.22%	+6.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.29%	27.21%	+5.08%