USAU vs. GLDM
USAU (U.S. Gold Corp.) is a stock, while GLDM (SPDR Gold MiniShares Trust) is Gold fund tracking the LBMA Gold Price PM. Over the past 5 years, USAU returned 5.02%/yr vs 17.31%/yr for GLDM. Their 0.37 correlation means their historical movements had little consistent relationship.
Performance
USAU vs. GLDM - Performance Comparison
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Returns By Period
In the year-to-date period, USAU achieves a -33.13% return, which is significantly lower than GLDM's -6.13% return.
USAU
- 1D
- -3.99%
- 1M
- -21.29%
- 6M
- -25.14%
- YTD
- -33.13%
- 1Y
- 25.17%
- 3Y*
- 42.99%
- 5Y*
- 5.02%
- 10Y*
- -13.35%
- ALL TIME*
- -14.90%
GLDM
- 1D
- -1.46%
- 1M
- -1.72%
- 6M
- -16.53%
- YTD
- -6.13%
- 1Y
- 20.58%
- 3Y*
- 27.59%
- 5Y*
- 17.31%
- 10Y*
- —
- ALL TIME*
- 15.36%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $263.44M | $251.25M | $317.77M | |
USAU U.S. Gold Corp. | $3.24M | $3.35M | $3.54M |
USAU vs. GLDM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
USAU U.S. Gold Corp. | -33.13% | 216.64% | 44.24% | -11.46% | -46.49% | -45.80% | 104.32% | -10.00% | -29.13% |
GLDM SPDR Gold MiniShares Trust | -6.13% | 64.20% | 27.08% | 13.04% | -0.47% | -4.01% | 25.10% | 18.10% | 1.75% |
Correlation
The correlation between USAU and GLDM is 0.56, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.56 |
Correlation (3Y) Balances recent behavior with more history. | 0.48 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.45 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2018 | 0.37 |
The correlation between USAU and GLDM shifts across timeframes, from 0.37 (all time) to 0.56 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
USAU vs. GLDM — Risk / Return Rank
USAU
GLDM
USAU vs. GLDM - Risk-Adjusted Trends 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| USAU | GLDM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.41 | ||
| Sortino ratioReturn per unit of downside risk | -0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.17 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.62 | 0.88 | -0.26 |
| Martin ratioReturn relative to average drawdown | 1.19 | 1.90 | -0.71 |
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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 -26.27%. Use the drawdown chart below to compare losses from any high point for USAU and GLDM.
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Drawdown Indicators
| USAU | GLDM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.99% | -26.27% | -73.72% |
Max Drawdown (1Y)Largest decline over 1 year | -44.03% | -26.27% | -17.76% |
Max Drawdown (3Y)Largest decline over 3 years | -44.03% | -26.27% | -17.76% |
Max Drawdown (5Y)Largest decline over 5 years | -72.83% | -26.27% | -46.56% |
Max Drawdown (10Y)Largest decline over 10 years | -96.96% | — | — |
Current DrawdownCurrent decline from peak | -99.95% | -24.94% | -75.01% |
Average DrawdownAverage peak-to-trough decline | -83.25% | -6.56% | -76.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.75% | 12.12% | +10.63% |
Volatility
USAU vs. GLDM - Volatility Comparison
U.S. Gold Corp. (USAU) has a higher volatility of 15.93% compared to SPDR Gold MiniShares Trust (GLDM) at 6.35%. 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.
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Volatility by Period
| USAU | GLDM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.93% | 6.35% | +9.58% |
Volatility (6M)Calculated over the trailing 6-month period | 46.73% | 23.37% | +23.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 65.59% | 27.92% | +37.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 63.31% | 18.39% | +44.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 82.15% | 17.10% | +65.05% |
Dividends
USAU vs. GLDM - Dividend Comparison
Neither USAU nor GLDM has paid dividends to shareholders.
Frequently Asked Questions
USAU and GLDM have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
USAU has higher volatility (15.93%) compared to GLDM (6.35%). In terms of maximum drawdown, USAU dropped -99.99% vs GLDM's -26.27%.
GLDM currently has the higher Sharpe Ratio (0.83 vs 0.41), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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