WisdomTree Physical Gold - GBP Daily Hedged (GBSP.L)
GBSP.L is a passive ETF by WisdomTree tracking the investment results of the Gold (GBP Hedged). GBSP.L launched on Mar 18, 2013 and has a 0.25% expense ratio.
ETF Info
| ISIN | JE00B7VG2M16 |
|---|---|
| WKN | A2BGRJ |
| Issuer | WisdomTree |
| Inception Date | Mar 18, 2013 |
| Category | Precious Metals |
| Leveraged | 1x |
| Index Tracked | Gold (GBP Hedged) |
| Domicile | Jersey |
| Distribution Policy | Accumulating |
| Asset Class | Commodity |
Expense Ratio
GBSP.L has an expense ratio of 0.25%, which is considered low compared to other funds.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: GBSP.L vs. SGLN.L, GBSP.L vs. DFEN.DE
Performance
Performance Chart
The chart shows the growth of an initial investment of £10,000 in WisdomTree Physical Gold - GBP Daily Hedged, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
WisdomTree Physical Gold - GBP Daily Hedged had a return of 24.51% year-to-date (YTD) and 32.25% in the last 12 months. Over the past 10 years, WisdomTree Physical Gold - GBP Daily Hedged had an annualized return of 5.98%, while the S&P 500 had an annualized return of 11.39%, indicating that WisdomTree Physical Gold - GBP Daily Hedged did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 24.51% | 25.45% |
| 1 month | -2.30% | 2.91% |
| 6 months | 9.82% | 14.05% |
| 1 year | 32.25% | 35.64% |
| 5 years (annualized) | 10.29% | 14.13% |
| 10 years (annualized) | 5.98% | 11.39% |
Monthly Returns
The table below presents the monthly returns of GBSP.L, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.89% | -0.38% | 8.57% | 3.28% | 1.42% | -0.13% | 3.82% | 3.35% | 4.90% | 4.17% | 24.51% | ||
| 2023 | 5.78% | -5.49% | 8.06% | 0.44% | -1.13% | -2.86% | 2.66% | -1.45% | -4.49% | 7.14% | 2.30% | 1.25% | 11.75% |
| 2022 | -1.50% | 5.92% | 2.24% | -2.02% | -3.40% | -1.97% | -2.53% | -2.74% | -2.97% | -2.27% | 6.67% | 3.54% | -1.73% |
| 2021 | -2.05% | -7.39% | -1.10% | 3.64% | 7.06% | -6.96% | 3.15% | -0.78% | -2.79% | 0.86% | -0.12% | 2.42% | -4.92% |
| 2020 | 4.19% | -0.16% | 0.34% | 5.82% | 1.81% | 2.82% | 10.56% | -0.46% | -3.67% | -0.98% | -5.58% | 6.32% | 21.84% |
| 2019 | 2.68% | -0.85% | -1.84% | -1.20% | 1.02% | 8.12% | 0.89% | 6.84% | -4.19% | 2.51% | -3.35% | 3.81% | 14.56% |
| 2018 | 3.17% | -2.07% | -0.06% | -0.89% | -1.19% | -4.18% | -2.58% | -2.12% | -1.00% | 1.64% | 0.07% | 4.93% | -4.55% |
| 2017 | 4.39% | 3.47% | -1.15% | 1.47% | -0.19% | -2.24% | 1.68% | 3.49% | -2.62% | -1.51% | 0.47% | 1.15% | 8.43% |
| 2016 | 5.18% | 10.35% | -0.23% | 5.12% | -6.50% | 9.22% | 1.82% | -2.82% | 0.35% | -3.79% | -8.33% | -1.38% | 7.37% |
| 2015 | 6.15% | -4.52% | -2.63% | -0.76% | 0.71% | -1.75% | -6.53% | 3.43% | -2.05% | 2.34% | -6.97% | -0.47% | -13.03% |
| 2014 | 3.22% | 6.79% | -3.02% | 0.28% | -3.84% | 5.71% | -2.53% | 0.06% | -6.14% | -3.82% | 1.15% | 1.35% | -1.63% |
| 2013 | 0.09% | -13.09% | -0.37% | -13.06% | 7.42% | 7.11% | -5.25% | -0.81% | -5.28% | -4.29% | -26.12% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GBSP.L is 65, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for WisdomTree Physical Gold - GBP Daily Hedged (GBSP.L) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the WisdomTree Physical Gold - GBP Daily Hedged. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the WisdomTree Physical Gold - GBP Daily Hedged was 37.30%, occurring on Dec 17, 2015. Recovery took 1163 trading sessions.
The current WisdomTree Physical Gold - GBP Daily Hedged drawdown is 6.76%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -37.3% | Apr 5, 2013 | 665 | Dec 17, 2015 | 1163 | Jul 27, 2020 | 1828 |
| -22.99% | Aug 7, 2020 | 566 | Nov 3, 2022 | 339 | Mar 8, 2024 | 905 |
| -6.76% | Oct 31, 2024 | 9 | Nov 12, 2024 | — | — | — |
| -5.33% | May 22, 2024 | 25 | Jun 26, 2024 | 14 | Jul 16, 2024 | 39 |
| -4.25% | Apr 15, 2024 | 15 | May 3, 2024 | 9 | May 17, 2024 | 24 |
Volatility
Volatility Chart
The current WisdomTree Physical Gold - GBP Daily Hedged volatility is 4.89%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.