USAGX vs. IAU
Compare and contrast key facts about USAA Precious Metals and Minerals Fund (USAGX) and iShares Gold Trust (IAU).
USAGX is managed by Victory Capital. It was launched on Aug 14, 1984. 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: USAGX or IAU.
Correlation
The correlation between USAGX and IAU is 0.74, 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.
Performance
USAGX vs. IAU - Performance Comparison
Key characteristics
USAGX:
1.39
IAU:
2.34
USAGX:
1.90
IAU:
3.04
USAGX:
1.24
IAU:
1.40
USAGX:
0.57
IAU:
4.33
USAGX:
4.55
IAU:
11.76
USAGX:
8.37%
IAU:
3.00%
USAGX:
27.49%
IAU:
15.08%
USAGX:
-83.30%
IAU:
-45.14%
USAGX:
-50.67%
IAU:
-1.71%
Returns By Period
In the year-to-date period, USAGX achieves a 10.94% return, which is significantly higher than IAU's 4.52% return. Over the past 10 years, USAGX has underperformed IAU with an annualized return of 5.44%, while IAU has yielded a comparatively higher 7.55% annualized return.
USAGX
10.94%
9.60%
3.78%
38.25%
5.87%
5.44%
IAU
4.52%
4.55%
13.76%
35.33%
11.66%
7.55%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
USAGX vs. IAU - Expense Ratio Comparison
USAGX has a 1.12% expense ratio, which is higher than IAU's 0.25% expense ratio.
Risk-Adjusted Performance
USAGX vs. IAU — Risk-Adjusted Performance Rank
USAGX
IAU
USAGX vs. IAU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for USAA Precious Metals and Minerals Fund (USAGX) 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
USAGX vs. IAU - Dividend Comparison
Neither USAGX nor IAU has paid dividends to shareholders.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 2.73% |
iShares Gold 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. IAU - Drawdown Comparison
The maximum USAGX drawdown since its inception was -83.30%, which is greater than IAU's maximum drawdown of -45.14%. Use the drawdown chart below to compare losses from any high point for USAGX and IAU. For additional features, visit the drawdowns tool.
Volatility
USAGX vs. IAU - Volatility Comparison
USAA Precious Metals and Minerals Fund (USAGX) has a higher volatility of 7.30% compared to iShares Gold Trust (IAU) at 3.96%. This indicates that USAGX'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.