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USERX vs. XEQT.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

USERX vs. XEQT.TO

Last updated Jun 4, 2026

USERX (U.S. Global Investors Gold & Precious Metals Fund) and XEQT.TO (iShares Core Equity ETF Portfolio) are both funds - USERX is a Precious Metals fund managed by US Global, while XEQT.TO is a Global Equities fund actively managed by iShares. Over the past 5 years, USERX returned 18.56%/yr vs 10.80%/yr for XEQT.TO. At a 0.41 correlation, their price movements are largely independent. USERX charges 1.52%/yr vs 0.20%/yr for XEQT.TO.

Performance

USERX vs. XEQT.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in U.S. Global Investors Gold & Precious Metals Fund (USERX) and iShares Core Equity ETF Portfolio (XEQT.TO). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

USERX is traded in USD, while XEQT.TO is traded in CAD. To make them comparable, the XEQT.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, USERX achieves a 4.58% return, which is significantly lower than XEQT.TO's 12.05% return.

USERX

1D
1.42%
1M
4.23%
YTD
4.58%
6M
12.99%
1Y
75.95%
3Y*
48.36%
5Y*
18.56%
10Y*
15.38%

XEQT.TO

1D
0.00%
1M
4.95%
YTD
12.05%
6M
12.80%
1Y
28.91%
3Y*
20.81%
5Y*
10.80%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

USERX vs. XEQT.TO - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
USERX
U.S. Global Investors Gold & Precious Metals Fund		4.58%167.44%16.75%1.44%-17.44%-10.80%37.16%10.46%
XEQT.TO
iShares Core Equity ETF Portfolio		10.90%25.19%14.53%19.92%-16.96%19.82%14.06%12.64%

Correlation

The correlation between USERX and XEQT.TO is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.48

Correlation (3Y)
Calculated over the trailing 3-year period

0.45

Correlation (5Y)
Calculated over the trailing 5-year period

0.46

Correlation (All Time)
Calculated using the full available price history since Aug 15, 2019

0.41

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

U.S. Global Investors Gold & Precious Metals Fund

iShares Core Equity ETF Portfolio

Often compared with USERX:
USERX vs. FSAGXUSERX vs. OPGSXUSERX vs. SGOLUSERX vs. GDXUSERX vs. PRNEXUSERX vs. FKRCXUSERX vs. GLD
Often compared with XEQT.TO:
XEQT.TO vs. VFV.TOXEQT.TO vs. VEQT.TOXEQT.TO vs. XGRO.TOXEQT.TO vs. ZEQT.TOXEQT.TO vs. VGRO.TOXEQT.TO vs. XEI.TOXEQT.TO vs. VOO

Return for Risk

USERX vs. XEQT.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
USERX
USERX Risk / Return Rank: 3232
Overall Rank
USERX Sharpe Ratio Rank: 3737
Sharpe Ratio Rank
USERX Sortino Ratio Rank: 2525
Sortino Ratio Rank
USERX Omega Ratio Rank: 3232
Omega Ratio Rank
USERX Calmar Ratio Rank: 4141
Calmar Ratio Rank
USERX Martin Ratio Rank: 2525
Martin Ratio Rank
XEQT.TO
XEQT.TO Risk / Return Rank: 7575
Overall Rank
XEQT.TO Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
XEQT.TO Sortino Ratio Rank: 7676
Sortino Ratio Rank
XEQT.TO Omega Ratio Rank: 7676
Omega Ratio Rank
XEQT.TO Calmar Ratio Rank: 7070
Calmar Ratio Rank
XEQT.TO Martin Ratio Rank: 7878
Martin Ratio Rank
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.

USERX vs. XEQT.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for U.S. Global Investors Gold & Precious Metals Fund (USERX) and iShares Core Equity ETF Portfolio (XEQT.TO). 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.

USERXXEQT.TODifference
Sharpe ratioReturn per unit of total volatility
1.77
2.29

-0.53

Sortino ratioReturn per unit of downside risk
2.10
3.13

-1.03

Omega ratioGain probability vs. loss probability

1.30

1.41

-0.11

Calmar ratioReturn relative to maximum drawdown

2.42

3.15

-0.73

Martin ratioReturn relative to average drawdown

6.24

13.81

-7.57

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

USERX vs. XEQT.TO - Sharpe Ratio Comparison

The current USERX Sharpe Ratio is 1.77, which is comparable to the XEQT.TO Sharpe Ratio of 2.29. The chart below compares the historical Sharpe Ratios of USERX and XEQT.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

USERXXEQT.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.77

2.29

-0.53

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.56

0.67

-0.11

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.45

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.01

0.76

-0.76

Drawdowns

USERX vs. XEQT.TO - Drawdown Comparison

The maximum USERX drawdown since its inception was -97.74%, which is greater than XEQT.TO's maximum drawdown of -36.14%. Use the drawdown chart below to compare losses from any high point for USERX and XEQT.TO.

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Drawdown Indicators

USERXXEQT.TODifference

Max Drawdown

Largest peak-to-trough decline

-97.74%

-36.14%

-61.60%

Max Drawdown (1Y)

Largest decline over 1 year

-32.20%

-9.23%

-22.97%

Max Drawdown (3Y)

Largest decline over 3 years

-32.20%

-15.14%

-17.06%

Max Drawdown (5Y)

Largest decline over 5 years

-43.45%

-26.23%

-17.22%

Max Drawdown (10Y)

Largest decline over 10 years

-43.45%

—

—

Current Drawdown

Current decline from peak

-42.81%

0.00%

-42.81%

Average Drawdown

Average peak-to-trough decline

-75.03%

-5.72%

-69.31%

Ulcer Index

Depth and duration of drawdowns from previous peaks

12.46%

2.10%

+10.36%

Volatility

USERX vs. XEQT.TO - Volatility Comparison

U.S. Global Investors Gold & Precious Metals Fund (USERX) has a higher volatility of 14.30% compared to iShares Core Equity ETF Portfolio (XEQT.TO) at 3.80%. This indicates that USERX's price experiences larger fluctuations and is considered to be riskier than XEQT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

USERXXEQT.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

14.30%

3.80%

+10.50%

Volatility (6M)

Calculated over the trailing 6-month period

36.60%

10.20%

+26.40%

Volatility (1Y)

Calculated over the trailing 1-year period

44.33%

12.66%

+31.67%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

33.19%

16.13%

+17.06%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

33.96%

18.65%

+15.31%

USERX vs. XEQT.TO - Expense Ratio Comparison

USERX has a 1.52% expense ratio, which is higher than XEQT.TO's 0.20% expense ratio.

Dividends

USERX vs. XEQT.TO - Dividend Comparison

USERX's dividend yield for the trailing twelve months is around 5.55%, more than XEQT.TO's 1.48% yield.

PositionTTM20252024202320222021202020192018201720162015
USERX
U.S. Global Investors Gold & Precious Metals Fund		5.55%2.95%1.48%0.00%0.00%2.13%2.68%0.00%1.76%0.00%0.88%0.47%
XEQT.TO
iShares Core Equity ETF Portfolio		1.48%1.66%2.01%2.07%2.12%1.64%1.66%1.19%0.00%0.00%0.00%0.00%

Frequently Asked Questions

USERX and XEQT.TO have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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