4GLD.DE vs. DTLA.L
4GLD.DE (Xetra-Gold) and DTLA.L (iShares USD Treasury Bond 20+yr UCITS ETF USD (Acc)) are both exchange-traded funds - 4GLD.DE is a Gold fund tracking the LBMA Gold Price, while DTLA.L is a Government Bonds fund tracking the ICE US Treasury 20+ Year Index. Both are passively managed. Over the past 5 years, 4GLD.DE returned 18.62%/yr vs -5.51%/yr for DTLA.L. At a 0.22 correlation, their price movements are largely independent. 4GLD.DE charges 0.00%/yr vs 0.07%/yr for DTLA.L.
Performance
4GLD.DE vs. DTLA.L - Performance Comparison
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Different Trading Currencies
4GLD.DE is traded in EUR, while DTLA.L is traded in USD. To make them comparable, the DTLA.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, 4GLD.DE achieves a -2.63% return, which is significantly lower than DTLA.L's 0.67% return.
4GLD.DE
- 1D
- 2.93%
- 1M
- -9.21%
- YTD
- -2.63%
- 6M
- -0.59%
- 1Y
- 23.16%
- 3Y*
- 26.47%
- 5Y*
- 18.62%
- 10Y*
- 12.28%
DTLA.L
- 1D
- 0.52%
- 1M
- 1.99%
- YTD
- 0.67%
- 6M
- 2.37%
- 1Y
- 4.14%
- 3Y*
- -3.47%
- 5Y*
- -5.51%
- 10Y*
- —
4GLD.DE vs. DTLA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
4GLD.DE Xetra-Gold | -2.63% | 49.32% | 34.57% | 9.33% | 7.12% | 4.03% | 13.03% | 21.27% | 0.70% |
DTLA.L iShares USD Treasury Bond 20+yr UCITS ETF USD (Acc) | 0.67% | -7.91% | -0.76% | -1.36% | -25.97% | 2.68% | 7.36% | 18.30% | 7.78% |
Correlation
The correlation between 4GLD.DE and DTLA.L is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since May 10, 2018 | 0.22 |
The correlation between 4GLD.DE and DTLA.L shifts across timeframes, from 0.04 (1 year) to 0.22 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
4GLD.DE vs. DTLA.L — Risk / Return Rank
4GLD.DE
DTLA.L
4GLD.DE vs. DTLA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xetra-Gold (4GLD.DE) and iShares USD Treasury Bond 20+yr UCITS ETF USD (Acc) (DTLA.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| 4GLD.DE | DTLA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.68 | ||
| Sortino ratioReturn per unit of downside risk | +0.88 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.06 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.12 | 0.48 | +0.64 |
| Martin ratioReturn relative to average drawdown | 3.41 | 1.03 | +2.38 |
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Drawdowns
4GLD.DE vs. DTLA.L - Drawdown Comparison
The maximum 4GLD.DE drawdown since its inception was -36.79%, smaller than the maximum DTLA.L drawdown of -46.97%. Use the drawdown chart below to compare losses from any high point for 4GLD.DE and DTLA.L.
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Drawdown Indicators
| 4GLD.DE | DTLA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.79% | -46.97% | +10.18% |
Max Drawdown (1Y)Largest decline over 1 year | -21.73% | -7.33% | -14.40% |
Max Drawdown (3Y)Largest decline over 3 years | -21.73% | -18.22% | -3.51% |
Max Drawdown (5Y)Largest decline over 5 years | -21.73% | -39.80% | +18.07% |
Max Drawdown (10Y)Largest decline over 10 years | -21.73% | — | — |
Current DrawdownCurrent decline from peak | -19.44% | -43.20% | +23.76% |
Average DrawdownAverage peak-to-trough decline | -12.03% | -24.85% | +12.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.11% | 3.44% | +3.67% |
Volatility
4GLD.DE vs. DTLA.L - Volatility Comparison
Xetra-Gold (4GLD.DE) has a higher volatility of 6.93% compared to iShares USD Treasury Bond 20+yr UCITS ETF USD (Acc) (DTLA.L) at 2.95%. This indicates that 4GLD.DE's price experiences larger fluctuations and is considered to be riskier than DTLA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 4GLD.DE | DTLA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.93% | 2.95% | +3.98% |
Volatility (6M)Calculated over the trailing 6-month period | 20.81% | 7.07% | +13.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.70% | 10.15% | +13.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.29% | 15.52% | +0.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.56% | 15.57% | -1.01% |
4GLD.DE vs. DTLA.L - Expense Ratio Comparison
4GLD.DE has a 0.00% expense ratio, which is lower than DTLA.L's 0.07% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
4GLD.DE vs. DTLA.L - Dividend Comparison
Neither 4GLD.DE nor DTLA.L has paid dividends to shareholders.
Frequently Asked Questions
4GLD.DE and DTLA.L have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 4GLD.DE is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.
4GLD.DE is cheaper with a 0.00% expense ratio, compared with 0.07% for DTLA.L.
4GLD.DE is categorized as Gold, while DTLA.L is Government Bonds. 4GLD.DE tracks LBMA Gold Price, while DTLA.L tracks ICE US Treasury 20+ Year Index. They also come from different issuers: Deutsche Börse Commodities and iShares. Their fees differ too: 0.00% for 4GLD.DE and 0.07% for DTLA.L.
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