ICICI Prudential Gold ETF vs Union Gold ETF
ICICI Prudential Gold ETF and Union Gold ETF are both Gold Index Funds & ETFs. As of 5 Nov 2026 (Direct plan, Growth option): 3-year CAGR +31.70% vs —, 5-year CAGR +23.69% vs —, volatility 20.46% vs 24.48%, maximum drawdown −29.66% vs −22.15%.
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| ICICI Prudential Gold ETF | Union Gold ETF | |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | Union Mutual Fund |
| Compared as | Gold Index Funds & ETFs | Gold Index Funds & ETFs |
| NAV | ₹122.0174 | ₹139.5288 |
| NAV date | 5 Nov 2026 | 5 Nov 2026 |
| Launched (first NAV) | 26 Aug 2010 | 20 Feb 2025 |
| Track record | 16.2 yrs | 1.7 yrs |
| Fund size (AUM) | — | ₹291 Cr |
| Securities held | — | 1 |
| Portfolio as of | Not disclosed yet | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| ICICI Prudential Gold ETF | Union Gold ETF | |
|---|---|---|
| 1 month | −3.08% | −3.05% |
| 3 months | −3.30% | −3.27% |
| 6 months | −5.13% | −5.09% |
| 1 year | +18.49% | +18.26% |
| 3 years (CAGR) | +31.70% | — |
| 5 years (CAGR) | +23.69% | — |
| 7 years (CAGR) | +19.55% | — |
| 10 years (CAGR) | +15.29% | — |
| Since launch (CAGR) | +11.95% | +32.94% |
| SIP return (XIRR, 5 years) ⓘ | +27.25% | — |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| ICICI Prudential Gold ETF | Union Gold ETF | |
|---|---|---|
| 2026 (year to date) | +7.38% | +7.30% |
| 2025 | +72.49% | — |
| 2024 | +19.61% | — |
| 2023 | +12.88% | — |
| 2022 | +14.15% | — |
| 2021 | −4.50% | — |
Risk
| ICICI Prudential Gold ETF | Union Gold ETF | |
|---|---|---|
| Volatility (annualised) ⓘ | 20.46% | 24.48% |
| Downside volatility ⓘ | 9.68% | 11.69% |
| Sharpe ratio ⓘ | 1.24 | 1.08 |
| Sortino ratio ⓘ | 2.61 | 2.26 |
| Maximum drawdown ⓘ | −29.66% | −22.15% |
| Recovery from that fall | 48 months | — |
| Current fall from peak | −18.36% | −18.32% |
| Rolling 1-year return: worst | −19.78% | +11.10% |
| Rolling 1-year return: median | +9.58% | +49.91% |
| Rolling 1-year return: best | +114.01% | +92.70% |
| Share of 1-year periods with a loss | 26.71% | 0.00% |
Against each fund's benchmark
| ICICI Prudential Gold ETF | Union Gold ETF | |
|---|---|---|
| Beta ⓘ | 0.06 | 0.30 |
| Alpha (Jensen's, annualised) ⓘ | +22.25% | +25.86% |
| R² ⓘ | 0.21 | 3.39 |
| Upside capture | 56.22% | 64.59% |
| Downside capture | -103.49% | -109.26% |
| Tracking error | 24.71% | 26.92% |
| Information ratio | 0.90 | 1.09 |
| Treynor ratio | 382.00 | 88.96 |
Portfolio
ICICI Prudential Gold ETF has no usable portfolio disclosure on file yet, so portfolio comparisons are shown only where available.
Asset mix
| ICICI Prudential Gold ETF | Union Gold ETF | |
|---|---|---|
| Foreign Securities | — | 97.29% |
| Cash & equivalents | — | 2.71% |
Market-cap split (share of fund assets)
| ICICI Prudential Gold ETF | Union Gold ETF | |
|---|---|---|
| Large Cap | — | 0.00% |
| Mid Cap | — | 0.00% |
| Small Cap | — | 0.00% |
| Unclassified | — | 0.00% |
Concentration
| ICICI Prudential Gold ETF | Union Gold ETF | |
|---|---|---|
| Top 10 holdings | — | 97.29% |
| Effective number of stocks ⓘ | — | 1.1 |
| Securities held | — | 1 |
Top 10 holdings
ICICI Prudential Gold ETF
Not disclosed yet.
Union Gold ETF
- Gold97.29%
Sector exposure
| ICICI Prudential Gold ETF | Union Gold ETF | |
|---|---|---|
| Gold | — | 97.29% |
Questions people ask
What is the difference between ICICI Prudential Gold ETF and Union Gold ETF returns?
As of 5 Nov 2026, Direct plan Growth option: 1-year return +18.49% vs +18.26%; 3-year CAGR +31.70% vs —; 5-year CAGR +23.69% vs —; 10-year CAGR +15.29% vs —. Past returns do not indicate future returns.
How do ICICI Prudential Gold ETF and Union Gold ETF compare on risk?
Volatility (36 monthly returns, annualised) 20.46% vs 24.48%; Sharpe ratio 1.24 vs 1.08; Sortino ratio 2.61 vs 2.26; maximum drawdown −29.66% vs −22.15%; beta 0.06 vs 0.30.
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
More comparisons
ICICI Prudential Gold ETF vs
All Gold Index Funds & ETFs comparisons → · Compare up to six funds yourself → · Every fund in this category → · All comparisons →
Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 5 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.