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XGD.TO vs. AU
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XGD.TO vs. AU

Last updated Jun 13, 2026

XGD.TO (iShares S&P/TSX Global Gold Index ETF) is Precious Metals fund tracking the S&P/TSX Global Gold Index, while AU (AngloGold Ashanti Limited) is a stock. Over the past 10 years, XGD.TO returned 14.21%/yr vs 21.51%/yr for AU. A 0.76 correlation means they provide meaningful diversification when combined.

Performance

XGD.TO vs. AU - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares S&P/TSX Global Gold Index ETF (XGD.TO) and AngloGold Ashanti Limited (AU). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

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

Returns By Period

In the year-to-date period, XGD.TO achieves a -2.21% return, which is significantly lower than AU's 6.37% return. Over the past 10 years, XGD.TO has underperformed AU with an annualized return of 14.21%, while AU has yielded a comparatively higher 21.51% annualized return.

XGD.TO

1D
2.99%
1M
-14.75%
YTD
-2.21%
6M
-1.55%
1Y
59.41%
3Y*
41.86%
5Y*
21.08%
10Y*
14.21%

AU

1D
4.05%
1M
-12.87%
YTD
6.37%
6M
8.76%
1Y
90.92%
3Y*
60.62%
5Y*
39.46%
10Y*
21.51%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XGD.TO vs. AU - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
XGD.TO
iShares S&P/TSX Global Gold Index ETF		-2.21%144.45%19.63%3.91%-3.13%-5.81%21.10%40.18%-4.10%0.96%
AU
AngloGold Ashanti Limited		6.37%270.45%36.05%-4.99%0.92%-4.91%-0.52%71.52%34.38%-8.85%

Correlation

The correlation between XGD.TO and AU is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

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

0.84

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

0.80

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

0.80

Correlation (10Y)
Calculated over the trailing 10-year period

0.79

Correlation (All Time)
Calculated using the full available price history since Jul 12, 2006

0.76

The correlation between XGD.TO and AU has been stable across timeframes, ranging from 0.76 to 0.84 - a consistent structural relationship.

Compare stocks, funds, or ETFs

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

iShares S&P/TSX Global Gold Index ETF

AngloGold Ashanti Limited

Often compared with XGD.TO:
XGD.TO vs. CGL.TOXGD.TO vs. GLDXGD.TO vs. ZGD.TOXGD.TO vs. MNT.TOXGD.TO vs. BRK-BXGD.TO vs. ZGLD.TOXGD.TO vs. ZGLD.SW
Often compared with AU:
AU vs. GFIAU vs. NEMAU vs. VOOAU vs. CDEAU vs. GEVAU vs. SPYAU vs. BTC-USD

Return for Risk

XGD.TO vs. AU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XGD.TO
XGD.TO Risk / Return Rank: 4040
Overall Rank
XGD.TO Sharpe Ratio Rank: 4343
Sharpe Ratio Rank
XGD.TO Sortino Ratio Rank: 3838
Sortino Ratio Rank
XGD.TO Omega Ratio Rank: 4343
Omega Ratio Rank
XGD.TO Calmar Ratio Rank: 4141
Calmar Ratio Rank
XGD.TO Martin Ratio Rank: 3636
Martin Ratio Rank
AU
AU Risk / Return Rank: 7979
Overall Rank
AU Sharpe Ratio Rank: 8383
Sharpe Ratio Rank
AU Sortino Ratio Rank: 7777
Sortino Ratio Rank
AU Omega Ratio Rank: 7777
Omega Ratio Rank
AU Calmar Ratio Rank: 8080
Calmar Ratio Rank
AU Martin Ratio Rank: 8181
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.

XGD.TO vs. AU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P/TSX Global Gold Index ETF (XGD.TO) and AngloGold Ashanti Limited (AU). 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.

XGD.TOAUDifference
Sharpe ratioReturn per unit of total volatility
1.35
1.57

-0.22

Sortino ratioReturn per unit of downside risk
1.75
2.01

-0.26

Omega ratioGain probability vs. loss probability

1.25

1.26

-0.01

Calmar ratioReturn relative to maximum drawdown

1.81

2.52

-0.71

Martin ratioReturn relative to average drawdown

5.00

6.60

-1.60

XGD.TO vs. AU - Sharpe Ratio Comparison

The current XGD.TO Sharpe Ratio is 1.35, which is comparable to the AU Sharpe Ratio of 1.57. The chart below compares the historical Sharpe Ratios of XGD.TO and AU, 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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Drawdowns

XGD.TO vs. AU - Drawdown Comparison

The maximum XGD.TO drawdown since its inception was -72.56%, smaller than the maximum AU drawdown of -88.61%. Use the drawdown chart below to compare losses from any high point for XGD.TO and AU.

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Drawdown Indicators

XGD.TOAUDifference

Max Drawdown

Largest peak-to-trough decline

-72.56%

-88.61%

+16.05%

Max Drawdown (1Y)

Largest decline over 1 year

-33.06%

-36.27%

+3.21%

Max Drawdown (3Y)

Largest decline over 3 years

-33.06%

-37.10%

+4.04%

Max Drawdown (5Y)

Largest decline over 5 years

-40.82%

-49.21%

+8.39%

Max Drawdown (10Y)

Largest decline over 10 years

-46.96%

-67.73%

+20.77%

Current Drawdown

Current decline from peak

-27.60%

-29.14%

+1.54%

Average Drawdown

Average peak-to-trough decline

-31.89%

-49.69%

+17.80%

Ulcer Index

Depth and duration of drawdowns from previous peaks

11.91%

13.81%

-1.90%

Volatility

XGD.TO vs. AU - Volatility Comparison

The current volatility for iShares S&P/TSX Global Gold Index ETF (XGD.TO) is 16.16%, while AngloGold Ashanti Limited (AU) has a volatility of 21.18%. This indicates that XGD.TO experiences smaller price fluctuations and is considered to be less risky than AU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

XGD.TOAUDifference

Volatility (1M)

Calculated over the trailing 1-month period

16.16%

21.18%

-5.02%

Volatility (6M)

Calculated over the trailing 6-month period

36.04%

46.65%

-10.61%

Volatility (1Y)

Calculated over the trailing 1-year period

44.26%

58.53%

-14.27%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

32.95%

49.47%

-16.52%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

33.55%

50.17%

-16.62%

Dividends

XGD.TO vs. AU - Dividend Comparison

XGD.TO's dividend yield for the trailing twelve months is around 0.64%, less than AU's 5.33% yield.

PositionTTM20252024202320222021202020192018201720162015
AU
AngloGold Ashanti Limited		5.33%2.96%1.78%1.14%2.26%2.58%0.49%0.30%0.48%0.93%0.00%0.00%
XGD.TO
iShares S&P/TSX Global Gold Index ETF		0.64%0.62%0.93%1.49%1.77%1.38%0.35%0.54%0.25%0.14%0.10%0.57%

Frequently Asked Questions

XGD.TO and AU have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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