PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

Invesco Physical Gold (EUR Hedged) ETC (8PSE.DE) Alternatives

ETF · Currency in EUR · Last updated Jul 16, 2026

The Invesco Physical Gold EUR Hedged ETC (8PSE) provides EUR-hedged exposure to the spot price of gold, as measured by the LBMA Gold Price PM. The ETC is backed by physical gold bars held in secured London vaults and is domiciled in Ireland. It has a total expense ratio of 0.34%, was launched on July 9, 2020, and is issued by Invesco Physical Markets plc.

Invesco Physical Gold (EUR Hedged) ETC (8PSE.DE) belongs to the Gold category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with 8PSE.DE. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to 8PSE.DE

8PSE.DE charges 0.34% annually. There is 1 ETF in the Gold category with a lower expense ratio, going as low as 0.22%.

SymbolNameExpense RatioAUMInception
RM8U.DE
HANetf The Royal Mint Responsibly Sourced Physical...0.22%—Feb 20208PSE.DE vs RM8U.DE
YGLD.DE
IncomeShares Gold + Yield ETP0.35%—Jul 20248PSE.DE vs YGLD.DE
UBUD.DE
UBS ETF (IE) Solactive Global Pure Gold Miners UCI...0.43%—Nov 20128PSE.DE vs UBUD.DE
G2X.DE
VanEck Gold Miners UCITS ETF0.53%—Mar 20158PSE.DE vs G2X.DE
IS0E.DE
iShares Gold Producers UCITS ETF0.55%—Sep 20118PSE.DE vs IS0E.DE

Best Risk-Adjusted Alternatives to 8PSE.DE

8PSE.DE has a PortfoliosLab risk / return rank of 54. No ETFs in the Gold category have higher risk-adjusted ranks; the top alternatives shown here go as high as 50.

SymbolNameRisk / Return RankAUMInception
ESGP.DE
Gold Miners Screened UCITS ETF
50
—Jan 20218PSE.DE vs ESGP.DE
IS0E.DE
iShares Gold Producers UCITS ETF
33
—Sep 20118PSE.DE vs IS0E.DE
CD91.DE
Amundi NYSE Arca Gold Bugs UCITS ETF Dist
33
—Dec 20238PSE.DE vs CD91.DE
ETLX.DE
L&G Gold Mining UCITS ETF
33
—Sep 20088PSE.DE vs ETLX.DE
G2X.DE
VanEck Gold Miners UCITS ETF
33
—Mar 20158PSE.DE vs G2X.DE

Top Performing 8PSE.DE Alternatives (YTD)

8PSE.DE is at 86.30% YTD. No ETFs in the Gold category have higher YTD returns; the top-performing alternatives shown here go as high as 11.07%.

SymbolNameYTD ReturnAUMInception
ESGP.DE
Gold Miners Screened UCITS ETF
11.07%
—Jan 20218PSE.DE vs ESGP.DE
4GLD.DE
Xetra-Gold
-5.42%
—Nov 20078PSE.DE vs 4GLD.DE
BOLD.DE
21Shares Bitcoin Gold ETP
-9.58%
—Apr 20228PSE.DE vs BOLD.DE
YGLD.DE
IncomeShares Gold + Yield ETP
-11.22%
—Jul 20248PSE.DE vs YGLD.DE
CD91.DE
Amundi NYSE Arca Gold Bugs UCITS ETF Dist
-11.79%
—Dec 20238PSE.DE vs CD91.DE

Lowest Volatility Alternatives to 8PSE.DE

8PSE.DE has 150.23% 1-year volatility. There are 11 ETFs in the Gold category with lower 1-year volatility, going as low as 11.58%.

SymbolNameVolatility 1YAUMInception
ESGP.DE
Gold Miners Screened UCITS ETF11.58%—Jan 20218PSE.DE vs ESGP.DE
BOLD.DE
21Shares Bitcoin Gold ETP23.92%—Apr 20228PSE.DE vs BOLD.DE
4GLD.DE
Xetra-Gold24.40%—Nov 20078PSE.DE vs 4GLD.DE
YGLD.DE
IncomeShares Gold + Yield ETP30.29%—Jul 20248PSE.DE vs YGLD.DE
IS0E.DE
iShares Gold Producers UCITS ETF44.53%—Sep 20118PSE.DE vs IS0E.DE

Lowest Drawdown Alternatives to 8PSE.DE

8PSE.DE has a 1-year max drawdown of -47.85%. There are 11 ETFs in the Gold category with shallower 1-year drawdowns, going as shallow as -6.31%.

SymbolNameMax Drawdown 1YAUMInception
ESGP.DE
Gold Miners Screened UCITS ETF
-6.31%
—Jan 20218PSE.DE vs ESGP.DE
YGLD.DE
IncomeShares Gold + Yield ETP
-21.47%
—Jul 20248PSE.DE vs YGLD.DE
4GLD.DE
Xetra-Gold
-22.17%
—Nov 20078PSE.DE vs 4GLD.DE
BOLD.DE
21Shares Bitcoin Gold ETP
-23.33%
—Apr 20228PSE.DE vs BOLD.DE
IS0E.DE
iShares Gold Producers UCITS ETF
-34.20%
—Sep 20118PSE.DE vs IS0E.DE

Other ETFs from Invesco

The 10 most viewed Invesco ETFs shown here include EQQQ.DE, FWIA.DE, EQQB.DE and span 6 categories.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
EQQQ.DE
Invesco EQQQ NASDAQ-100 UCITS ETFNasdaq-100
67
18.72%
—Dec 20028PSE.DE vs EQQQ.DE
FWIA.DE
Invesco FTSE All-World UCITS ETF AccGlobal Equities
86
13.74%
—Jun 20238PSE.DE vs FWIA.DE
EQQB.DE
Invesco EQQQ Nasdaq-100 UCITS ETF AccNasdaq-100
68
19.56%
—Sep 20188PSE.DE vs EQQB.DE
P500.DE
Invesco S&P 500 UCITS ETFS&P 500
77
13.24%
—May 20108PSE.DE vs P500.DE
FWEA.DE
Invesco FTSE All-World UCITS ETF EUR PfHdg AccGlobal Equities
72
10.58%
—Jun 20238PSE.DE vs FWEA.DE
IQSA.DE
Invesco Global Active ESG Equity UCITS ETF USD AccGlobal Equities, ESG
93
18.12%
—Sep 20228PSE.DE vs IQSA.DE
EQQX.DE
Invesco Nasdaq-100 Swap UCITS ETF AccNasdaq-100
41
19.62%
—Mar 20218PSE.DE vs EQQX.DE
SMLD.DE
Invesco Morningstar US Energy Infrastructure MLP U...Energy Equities
39
23.53%
—May 20138PSE.DE vs SMLD.DE
D500.DE
Invesco S&P 500 UCITS ETF DistS&P 500
78
13.19%
—Oct 20158PSE.DE vs D500.DE
WDTE.DE
Invesco S&P World Information Technology ESG UCITS...Technology Equities
36
14.23%
—Apr 20238PSE.DE vs WDTE.DE

Often Compared With 8PSE.DE

Investors most often compare 8PSE.DE with PPFB.DE, IAU, GLD. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
PPFB.DE
iShares Physical Gold ETCGold, Precious Metals
30
-4.84%
—Apr 20118PSE.DE vs PPFB.DE
IAU
iShares Gold TrustGold, Precious Metals
25
-6.02%
60.94BJan 20058PSE.DE vs IAU
GLD
SPDR Gold SharesGold, Precious Metals
24
-6.05%
132.10BNov 20048PSE.DE vs GLD
VVMX.DE
VanEck Rare Earth and Strategic Metals UCITS ETF ARare Earth & Strategic Metals
53
7.61%
—Sep 20218PSE.DE vs VVMX.DE
G2XJ.DE
VanEck Junior Gold Miners UCITSGold, Precious Metals
30
-16.27%
—Mar 20158PSE.DE vs G2XJ.DE
M9SD.DE
Market Access NYSE Arca Gold Bugs UCITS ETFGold, Precious Metals
33
-12.66%
—Jan 20078PSE.DE vs M9SD.DE
SLVR.DE
WisdomTree SilverSilver, Precious Metals
37
-10.42%
—Sep 20068PSE.DE vs SLVR.DE
BNQL.DE
BNP Paribas Palladium ETCPrecious Metals
13
-16.98%
—Dec 20168PSE.DE vs BNQL.DE
5ESG.DE
Invesco S&P 500 Scored & Screened ETF AccS&P 500
84
12.64%
—Mar 20208PSE.DE vs 5ESG.DE
2B76.DE
iShares Automation & Robotics UCITS ETFRobotics, Technology Equities
55
27.37%
—Sep 20168PSE.DE vs 2B76.DE
6PSE.DE
Invesco MSCI USA UCITS ETF DistLarge Cap Blend Equities
74
12.86%
—Nov 20198PSE.DE vs 6PSE.DE
HEAE.L
SPDR MSCI Europe Health Care UCITS ETFHealth & Biotech Equities
21
-1.28%
—Dec 20148PSE.DE vs HEAE.L
IEUR
iShares Core MSCI Europe ETFEurope Equities
41
8.65%
8.67BJun 20148PSE.DE vs IEUR
CSPX.AS
iShares Core S&P 500 UCITS ETFS&P 500
78
13.25%
—May 20108PSE.DE vs CSPX.AS
ISX5.L
iShares Core EURO STOXX 50 UCITS ETFEurope Equities
35
7.64%
8.72BJan 20108PSE.DE vs ISX5.L
DFNS.L
VanEck Defense UCITS ETFAerospace & Defense
11
-5.22%
—Mar 20238PSE.DE vs DFNS.L
ICLN
iShares Global Clean Energy ETFAlternative Energy Equities
49
16.44%
2.59BJun 20088PSE.DE vs ICLN
CNDX.L
iShares NASDAQ 100 UCITS ETFNasdaq-100
61
15.91%
27.76BJan 20108PSE.DE vs CNDX.L
HUKX.L
HSBC FTSE 100 UCITS ETF GBPEurope Equities
66
7.20%
872.77MAug 20098PSE.DE vs HUKX.L
^STOXX
STOXX Europe 600 Index
53
8.32%
——8PSE.DE vs ^STOXX

Compare 8PSE.DE with Any Fund or Stock

Compare 8PSE.DE with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

 

Diversifiers

Pair 8PSE.DE with funds that move differently

Invesco Physical Gold (EUR Hedged) ETC alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to 8PSE.DE.

Explore 8PSE.DE Diversifiers