iShares Gold Trust vs Remitly Global Inc — how do they compare? iShares Gold Trust trades at $83.24, while Remitly Global Inc trades at $23.77 (market cap $4.97B). The key difference: Remitly Global Inc is trading nearer its 52-week high, iShares Gold Trust nearer its low. Which is the better fit depends on your goals.
| IAU | RELY | |
|---|---|---|
Sector | Commodities - Metals/Agriculture | Technology |
52-Week High | $101.57 | $25.93 |
52-Week Low | $62.49 | $12.20 |
Market Cap | — | $4.97B |
Enterprise Value | — | $4.33B |
Trailing returns across standard periods
IAU is a physically backed ETF that seeks to reflect the performance of the price of gold. It provides a convenient and liquid way for investors to include gold in their portfolios as a potential hedge.
Read more on IAU →Remitly Global Inc provides integrated financial services to immigrants, including helping customers send money internationally in a quick, reliable, and more cost-effective manner by leveraging digital channels. It supports cross-border transmissions across the globe. Its revenue is generated on transaction fees charged to customers and foreign exchange spreads between the foreign exchange rate offered to customers and the foreign exchange rate on the company's currency purchases.
Read more on RELY →