USAGX vs. GLDM
Compare and contrast key facts about USAA Precious Metals and Minerals Fund (USAGX) and SPDR Gold MiniShares Trust (GLDM).
USAGX is managed by Victory Capital. It was launched on Aug 14, 1984. GLDM is a passively managed fund by State Street that tracks the performance of the LBMA Gold PM Price. It was launched on Jun 25, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: USAGX or GLDM.
Correlation
The correlation between USAGX and GLDM is 0.07, 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
USAGX vs. GLDM - Performance Comparison
Key characteristics
USAGX:
1.86
GLDM:
2.52
USAGX:
2.37
GLDM:
3.33
USAGX:
1.32
GLDM:
1.43
USAGX:
0.94
GLDM:
5.21
USAGX:
6.49
GLDM:
14.33
USAGX:
8.49%
GLDM:
2.94%
USAGX:
29.71%
GLDM:
16.78%
USAGX:
-83.53%
GLDM:
-21.63%
USAGX:
-35.20%
GLDM:
-3.51%
Returns By Period
In the year-to-date period, USAGX achieves a 47.74% return, which is significantly higher than GLDM's 25.87% return.
USAGX
47.74%
7.87%
22.39%
48.93%
8.94%
9.31%
GLDM
25.87%
7.23%
20.40%
41.10%
14.00%
N/A
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USAGX vs. GLDM - Expense Ratio Comparison
USAGX has a 1.12% expense ratio, which is higher than GLDM's 0.18% expense ratio.
Risk-Adjusted Performance
USAGX vs. GLDM — Risk-Adjusted Performance Rank
USAGX
GLDM
USAGX vs. GLDM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for USAA Precious Metals and Minerals Fund (USAGX) and SPDR Gold MiniShares Trust (GLDM). 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
USAGX vs. GLDM - Dividend Comparison
Neither USAGX nor GLDM has paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
USAGX USAA Precious Metals and Minerals Fund | 0.00% | 0.00% | 2.45% | 0.95% | 0.84% | 0.04% | 0.00% | 0.00% | 0.00% | 4.20% | 0.00% | 1.37% |
GLDM SPDR Gold MiniShares Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
USAGX vs. GLDM - Drawdown Comparison
The maximum USAGX drawdown since its inception was -83.53%, which is greater than GLDM's maximum drawdown of -21.63%. Use the drawdown chart below to compare losses from any high point for USAGX and GLDM. For additional features, visit the drawdowns tool.
Volatility
USAGX vs. GLDM - Volatility Comparison
USAA Precious Metals and Minerals Fund (USAGX) has a higher volatility of 14.81% compared to SPDR Gold MiniShares Trust (GLDM) at 8.21%. This indicates that USAGX's price experiences larger fluctuations and is considered to be riskier than GLDM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.