ASA vs IAI

Comparison between ASA Gold and Precious Metals Ltd (ASA, ETF) and ISHARES U.S. BROKER-DEALERS &AMP; SECURITIES EXCHANGES ETF (IAI, ETF).

5-Year PerformanceASA has outperformed IAI, delivering a return of +21.9% compared to +15.4%

ASA vs IAI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ASA(ETF)	IAI(ETF)
Net Assets	$1.40B	$1.40B
Expense Ratio	N/A	0.38%
Max Drawdown	81.29%	75.80%
Sharpe Ratio	1.33	0.90
5Y Beta	0.76	1.06
P/E Ratio	N/A	20.93
Forward P/E	N/A	19.32
PEG Ratio	N/A	0.50
5Y Dividends CAGR	37.97%	12.58%
5Y EPS CAGR	N/A	13.79%
Debt to Equity	N/A	70.01%
P/S Ratio	N/A	3.22
P/B Ratio	N/A	3.65

Net Assets

ASA

$1.40B

IAI

$1.40B

Expense Ratio

ASA

N/A

IAI

0.38%

Max Drawdown

ASA

81.29%

Winner

IAI

75.80%

Sharpe Ratio

Winner

ASA

1.33

IAI

0.90

5Y Beta

Winner

ASA

0.76

IAI

1.06

P/E Ratio

ASA

N/A

IAI

20.93

Forward P/E

ASA

N/A

IAI

19.32

PEG Ratio

ASA

N/A

IAI

0.50

5Y Dividends CAGR

Winner

ASA

37.97%

IAI

12.58%

5Y EPS CAGR

ASA

N/A

IAI

13.79%

Debt to Equity

ASA

N/A

IAI

70.01%

P/S Ratio

ASA

N/A

IAI

3.22

P/B Ratio

ASA

N/A

IAI

3.65

ASA vs IAI - Historical Returns

Returns include dividend reinvestment.

Period	ASA	IAI
1 month	-7.06%	+5.09%
3 months	-9.47%	+14.00%
6 months	+3.03%	+6.12%
1 year	+77.14%	+21.93%
5 years(CAGR)	+21.91%	+15.43%
10 years(CAGR)	+16.31%	+19.56%
Max(CAGR)	+10.02%	+8.29%

ASA

-7.06%

Winner

IAI

+5.09%

ASA

-9.47%

Winner

IAI

+14.00%

ASA

+3.03%

Winner

IAI

+6.12%

Winner

ASA

+77.14%

IAI

+21.93%

5Y(CAGR)

Winner

ASA

+21.91%

IAI

+15.43%

10Y(CAGR)

ASA

+16.31%

Winner

IAI

+19.56%

Max(CAGR)

Winner

ASA

+10.02%

IAI

+8.29%

ASA vs IAI - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	ASA	IAI
2026	+1.94%	+3.88%
2025	+185.28%	+25.49%
2024	+33.84%	+35.52%
2023	+2.44%	+14.79%
2022	-31.22%	-11.75%
2021	-8.86%	+41.17%
2020	+59.82%	+17.15%
2019	+44.51%	+23.36%
2018	-17.92%	-9.42%
2017	-0.27%	+27.80%
2016	+52.33%	+24.66%
2015	-30.87%	-0.96%
2014	-18.39%	+12.35%
2013	-44.28%	+61.82%
2012	-18.82%	+13.26%
2011	-22.09%	-28.09%
2010	+32.28%	+2.58%
2009	+57.63%	+39.54%
2008	-31.94%	-59.22%
2007	+22.37%	-5.34%
2006	+10.44%	+5.67%
2005	+44.00%	N/A
2004	-9.96%	N/A
2003	+13.32%	N/A
2002	+111.50%	N/A
2001	+31.88%	N/A
2000	-18.67%	N/A
1999	-2.87%	N/A

ASA vs IAI Drawdown Comparison

The maximum drawdown for ASA was -80.31%, occurring on Jan 19, 2016. Recovery took 3643 trading sessions.

The maximum drawdown for IAI was -75.46%, occurring on Nov 20, 2008. Recovery took 2385 trading sessions.

The current ASA drawdown is -26.96%. The current IAI drawdown is -0.81%.

Rank	ASA	IAI
#1	-80.31% Dec 6, 2010 - Jun 2, 2025	-75.46% Jun 20, 2007 - Dec 7, 2016
#2	-65.13% Mar 14, 2008 - Sep 14, 2010	-40.38% Feb 20, 2020 - Nov 23, 2020
#3	-35.70% Jun 3, 2002 - Dec 13, 2002	-28.84% Nov 2, 2021 - Mar 4, 2024
#4	-35.50% Feb 27, 2026 - Jun 10, 2026	-23.98% Mar 12, 2018 - Nov 25, 2019
#5	-31.72% Nov 10, 1999 - May 16, 2001	-23.14% Feb 18, 2025 - Jun 18, 2025
#6	-28.66% Dec 2, 2003 - Sep 29, 2005	-19.73% May 9, 2006 - Oct 5, 2006
#7	-27.87% May 9, 2006 - Sep 25, 2007	-16.52% Jan 15, 2026 - Mar 27, 2026
#8	-23.62% Jan 3, 2003 - Aug 11, 2003	-12.16% Feb 7, 2007 - Jun 15, 2007
#9	-23.37% May 18, 2001 - Jan 16, 2002	-9.18% Jan 12, 2021 - Feb 16, 2021
#10	-17.89% Feb 2, 2006 - Apr 19, 2006	-8.41% Mar 1, 2017 - Jun 28, 2017
#11	-17.24% Oct 16, 2025 - Dec 1, 2025	-8.12% Feb 1, 2018 - Mar 6, 2018
#12	-17.12% Jan 28, 2026 - Feb 24, 2026	-7.77% Nov 27, 2024 - Jan 21, 2025
#13	-15.06% Nov 6, 2007 - Jan 3, 2008	-7.07% Aug 27, 2021 - Oct 15, 2021
#14	-11.68% Feb 8, 2002 - Mar 22, 2002	-7.01% Jul 26, 2024 - Aug 16, 2024
#15	-11.43% Jun 5, 2025 - Aug 7, 2025	-6.97% Nov 12, 2025 - Dec 9, 2025

Correlation

Correlation between ASA and IAI is 0.51 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.51

-101

Dividend Comparison (2000 - 2026)

ASA vs IAI dividend yield comparison.

Year	ASA	IAI
2026	0.07%	0.62%
2025	0.10%	0.95%
2024	0.20%	1.05%
2023	0.13%	1.80%
2022	0.14%	2.14%
2021	0.09%	1.31%
2020	0.09%	1.55%
2019	0.15%	1.52%
2018	0.32%	1.58%
2017	0.35%	1.37%
2016	0.36%	1.49%
2015	0.56%	1.31%
2014	0.40%	1.13%
2013	1.47%	1.13%
2012	1.76%	2.97%
2011	1.37%	1.25%
2010	0.98%	1.62%
2009	1.81%	0.57%
2008	3.92%	2.28%
2007	3.06%	0.68%
2006	1.39%	0.20%
2005	1.64%	0.00%
2004	1.36%	0.00%
2003	1.76%	0.00%
2002	1.95%	0.00%
2001	4.00%	0.00%
2000	1.96%	0.00%