XGD.TO vs. IAUM
Compare and contrast key facts about iShares S&P/TSX Global Gold Index ETF (XGD.TO) and iShares Gold Trust Micro ETF of Benef Interest (IAUM).
XGD.TO and IAUM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XGD.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Gbl Gold GR CAD. It was launched on Mar 23, 2001. IAUM is a passively managed fund by iShares that tracks the performance of the LBMA Gold Price PM ($/ozt). It was launched on Jun 15, 2021. Both XGD.TO and IAUM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XGD.TO or IAUM.
Correlation
The correlation between XGD.TO and IAUM is 0.75, 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
XGD.TO vs. IAUM - Performance Comparison
Key characteristics
XGD.TO:
0.74
IAUM:
1.96
XGD.TO:
1.15
IAUM:
2.59
XGD.TO:
1.14
IAUM:
1.34
XGD.TO:
0.50
IAUM:
3.61
XGD.TO:
2.51
IAUM:
10.33
XGD.TO:
8.12%
IAUM:
2.83%
XGD.TO:
27.63%
IAUM:
14.92%
XGD.TO:
-72.55%
IAUM:
-20.87%
XGD.TO:
-18.01%
IAUM:
-5.90%
Returns By Period
In the year-to-date period, XGD.TO achieves a 21.12% return, which is significantly lower than IAUM's 27.04% return.
XGD.TO
21.12%
-6.01%
8.55%
18.65%
7.66%
10.22%
IAUM
27.04%
-0.95%
12.95%
28.22%
N/A
N/A
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XGD.TO vs. IAUM - Expense Ratio Comparison
XGD.TO has a 0.61% expense ratio, which is higher than IAUM's 0.15% expense ratio.
Risk-Adjusted Performance
XGD.TO vs. IAUM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P/TSX Global Gold Index ETF (XGD.TO) and iShares Gold Trust Micro ETF of Benef Interest (IAUM). 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
XGD.TO vs. IAUM - Dividend Comparison
XGD.TO's dividend yield for the trailing twelve months is around 0.93%, while IAUM has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XGD.TO iShares S&P/TSX Global Gold Index ETF | 0.93% | 1.49% | 1.80% | 1.38% | 0.35% | 0.54% | 0.25% | 0.14% | 0.09% | 0.57% | 0.68% | 1.71% |
IAUM iShares Gold Trust Micro ETF of Benef Interest | 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
XGD.TO vs. IAUM - Drawdown Comparison
The maximum XGD.TO drawdown since its inception was -72.55%, which is greater than IAUM's maximum drawdown of -20.87%. Use the drawdown chart below to compare losses from any high point for XGD.TO and IAUM. For additional features, visit the drawdowns tool.
Volatility
XGD.TO vs. IAUM - Volatility Comparison
iShares S&P/TSX Global Gold Index ETF (XGD.TO) has a higher volatility of 9.03% compared to iShares Gold Trust Micro ETF of Benef Interest (IAUM) at 5.12%. This indicates that XGD.TO's price experiences larger fluctuations and is considered to be riskier than IAUM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.