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iShares Gold Bullion ETF (CAD-Hedged) (CGL.TO)

ETF · Currency in CAD · Last updated Aug 13, 2022

CGL.TO is a passive ETF by iShares tracking the investment results of the Gold Bullion. CGL.TO launched on May 28, 2009 and has a 0.55% expense ratio.

ETF Info

ISINCA46432D2014
CUSIP46432D201
IssueriShares
Inception DateMay 28, 2009
CategoryPrecious Metals, Gold
Expense Ratio0.55%
Index TrackedGold Bullion
ETF Home Pagewww.blackrock.com
Asset ClassCommodity

CGL.TOShare Price Chart


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CGL.TOPerformance

The chart shows the growth of CA$10,000 invested in iShares Gold Bullion ETF (CAD-Hedged) in Jan 2010 and compares it to the S&P 500 index or another benchmark. It would be worth nearly CA$14,559 for a total return of roughly 45.59%. All prices are adjusted for splits and dividends.


-20.00%-15.00%-10.00%-5.00%0.00%5.00%10.00%15.00%MarchAprilMayJuneJulyAugust
-4.05%
-5.26%
CGL.TO (iShares Gold Bullion ETF (CAD-Hedged))
Benchmark (^GSPC)

CGL.TOReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M4.56%12.40%
6M-1.94%-7.42%
YTD-2.00%-13.06%
1Y2.08%-7.27%
5Y5.50%8.55%
10Y0.21%9.82%

CGL.TOMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-1.60%6.03%1.73%-2.51%-3.68%-1.14%-2.84%2.37%
2021-2.80%-6.48%-1.26%3.55%8.01%-7.61%2.68%-0.13%-3.41%1.32%-0.62%3.17%
20204.56%-0.60%-0.38%7.36%2.54%2.69%10.54%-0.61%-4.28%-0.51%-5.71%6.87%
20193.02%-0.36%-2.05%-1.18%1.84%7.06%0.76%7.89%-3.50%2.34%-3.23%3.58%
20182.75%-1.90%0.53%-0.87%-1.32%-4.03%-2.61%-2.30%-0.29%1.67%0.58%4.90%
20175.25%3.20%-1.00%2.21%-0.27%-2.62%2.23%4.17%-3.05%-1.44%0.27%2.55%
20165.57%11.68%-1.27%4.88%-6.06%9.16%1.97%-3.61%1.13%-3.10%-8.89%-1.46%
20158.75%-5.77%-1.95%-0.76%0.48%-1.04%-7.38%3.62%-1.90%2.34%-6.87%-0.32%
20143.56%6.42%-3.14%0.53%-2.97%6.29%-3.38%0.18%-5.86%-3.53%-0.58%1.84%
2013-0.53%-5.44%0.99%-7.66%-6.16%-11.27%7.68%5.01%-4.45%-0.42%-5.52%-3.96%
201211.08%-2.64%-1.26%-0.40%-5.98%2.14%0.84%5.00%4.82%-2.96%-0.32%-2.35%
2011-6.19%5.84%1.89%8.67%-1.35%-2.53%8.30%12.45%-11.31%5.90%1.49%-10.72%
2010-3.27%3.28%-0.20%5.67%3.95%1.54%-4.99%5.53%4.71%3.99%1.80%2.41%

CGL.TOSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current iShares Gold Bullion ETF (CAD-Hedged) Sharpe ratio is 0.14. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.000.501.001.50MarchAprilMayJuneJulyAugust
0.14
-0.36
CGL.TO (iShares Gold Bullion ETF (CAD-Hedged))
Benchmark (^GSPC)

CGL.TODividend History


iShares Gold Bullion ETF (CAD-Hedged) doesn't pay dividends

CGL.TODrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%SeptemberOctoberNovemberDecember2022FebruaryMarchAprilMayJuneJulyAugust
-14.59%
-13.55%
CGL.TO (iShares Gold Bullion ETF (CAD-Hedged))
Benchmark (^GSPC)

CGL.TOWorst Drawdowns

The table below shows the maximum drawdowns of the iShares Gold Bullion ETF (CAD-Hedged). A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the iShares Gold Bullion ETF (CAD-Hedged) is 45.96%, recorded on Dec 17, 2015. It took 1162 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-45.96%Aug 23, 20111086Dec 17, 20151162Aug 6, 20202248
-19.36%Aug 7, 2020490Jul 20, 2022
-8.18%Dec 7, 201035Jan 27, 201122Mar 1, 201157
-7.67%Jun 21, 201026Jul 27, 201033Sep 14, 201059
-7.27%Jan 12, 201020Feb 8, 201040Apr 7, 201060
-6.13%May 2, 20114May 5, 201146Jul 12, 201150
-5.2%Nov 12, 20104Nov 17, 201012Dec 3, 201016
-5.08%May 13, 20107May 21, 201018Jun 17, 201025
-3.87%Oct 15, 20105Oct 21, 201010Nov 4, 201015
-2.9%Aug 11, 20112Aug 12, 20114Aug 18, 20116

CGL.TOVolatility Chart

Current iShares Gold Bullion ETF (CAD-Hedged) volatility is 12.29%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


5.00%10.00%15.00%20.00%25.00%30.00%35.00%40.00%MarchAprilMayJuneJulyAugust
12.29%
16.68%
CGL.TO (iShares Gold Bullion ETF (CAD-Hedged))
Benchmark (^GSPC)