iShares Gold Trust vs Suncor Energy Inc. — how do they compare? iShares Gold Trust trades at $83, while Suncor Energy Inc. trades at $63.4 (market cap $74.07B). The key difference: Suncor Energy Inc. pays a 2.7% dividend while iShares Gold Trust pays none, and Suncor Energy Inc. is trading nearer its 52-week high, iShares Gold Trust nearer its low. Which is the better fit depends on your goals.
| IAU | SU | |
|---|---|---|
Sector | Commodities - Metals/Agriculture | Energy |
52-Week High | $101.57 | $69.73 |
52-Week Low | $62.49 | $38.17 |
Market Cap | — | $74.07B |
Enterprise Value | — | $80.75B |
Dividend Yield | — | 2.7% |
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 →Suncor Energy Inc is an integrated energy company. The company's operations include oil sands development, production and upgrading, offshore oil and gas, petroleum refining in Canada and the U.S. and the company's PetroCanada retail and wholesale distribution networks. The company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power, renewable fuels and hydrogen. It also conducts energy trading activities focused principally on the marketing and trading of crude oil, natural gas, byproducts, refined products and power.
Read more on SU →