iShares Gold Trust vs Royal Bank of Canada — how do they compare? iShares Gold Trust trades at $76.7, while Royal Bank of Canada trades at $210.37 (market cap $289.51B). The key difference: Royal Bank of Canada pays a 2.42% dividend while iShares Gold Trust pays none, and Royal Bank of Canada is trading nearer its 52-week high, iShares Gold Trust nearer its low. Which is the better fit depends on your goals.
| IAU | RY | |
|---|---|---|
Sector | Commodities - Metals/Agriculture | Financials |
52-Week High | $101.57 | $217.87 |
52-Week Low | $61.62 | $128.46 |
Market Cap | — | $289.51B |
Dividend Yield | — | 2.42% |
Trailing returns across standard periods
Latest headlines on both assets
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 →Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S. and other countries.
Read more on RY →