USAU vs. GLDM
Compare and contrast key facts about U.S. Gold Corp. (USAU) and SPDR Gold MiniShares Trust (GLDM).
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: USAU or GLDM.
Correlation
The correlation between USAU and GLDM is 0.33, 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
USAU vs. GLDM - Performance Comparison
Key characteristics
USAU:
2.27
GLDM:
2.37
USAU:
2.91
GLDM:
3.14
USAU:
1.33
GLDM:
1.41
USAU:
1.56
GLDM:
4.79
USAU:
10.87
GLDM:
12.97
USAU:
14.34%
GLDM:
2.99%
USAU:
68.79%
GLDM:
16.36%
USAU:
-99.99%
GLDM:
-21.63%
USAU:
-99.96%
GLDM:
-0.45%
Returns By Period
In the year-to-date period, USAU achieves a 62.81% return, which is significantly higher than GLDM's 26.52% return.
USAU
62.81%
-13.22%
53.78%
128.38%
15.34%
-26.69%
GLDM
26.52%
9.07%
22.04%
38.92%
14.28%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
USAU vs. GLDM — Risk-Adjusted Performance Rank
USAU
GLDM
USAU vs. GLDM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for U.S. Gold Corp. (USAU) 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
USAU vs. GLDM - Dividend Comparison
Neither USAU nor GLDM has paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
USAU U.S. Gold Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.32% | 51.20% |
GLDM SPDR Gold MiniShares Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
USAU vs. GLDM - Drawdown Comparison
The maximum USAU drawdown since its inception was -99.99%, which is greater than GLDM's maximum drawdown of -21.63%. Use the drawdown chart below to compare losses from any high point for USAU and GLDM. For additional features, visit the drawdowns tool.
Volatility
USAU vs. GLDM - Volatility Comparison
U.S. Gold Corp. (USAU) has a higher volatility of 30.34% compared to SPDR Gold MiniShares Trust (GLDM) at 6.89%. This indicates that USAU'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.