4GLD.DE vs. WFSPX
4GLD.DE (Xetra-Gold) and WFSPX (iShares S&P 500 Index Fund) are both funds - 4GLD.DE is a Gold fund tracking the LBMA Gold Price, while WFSPX is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 10 years, 4GLD.DE returned 12.28%/yr vs 15.03%/yr for WFSPX. At a 0.04 correlation, their price movements are largely independent. 4GLD.DE charges 0.00%/yr vs 0.03%/yr for WFSPX.
Performance
4GLD.DE vs. WFSPX - Performance Comparison
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Different Trading Currencies
4GLD.DE is traded in EUR, while WFSPX is traded in USD. To make them comparable, the WFSPX 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 WFSPX's 10.16% return. Over the past 10 years, 4GLD.DE has underperformed WFSPX with an annualized return of 12.28%, while WFSPX has yielded a comparatively higher 15.03% annualized return.
4GLD.DE
- 1D
- 2.93%
- 1M
- -6.80%
- YTD
- -2.63%
- 6M
- -0.59%
- 1Y
- 23.16%
- 3Y*
- 26.47%
- 5Y*
- 18.62%
- 10Y*
- 12.28%
WFSPX
- 1D
- 1.38%
- 1M
- 0.34%
- YTD
- 10.16%
- 6M
- 10.44%
- 1Y
- 24.84%
- 3Y*
- 18.09%
- 5Y*
- 14.32%
- 10Y*
- 15.03%
4GLD.DE vs. WFSPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
4GLD.DE Xetra-Gold | -2.63% | 49.32% | 34.57% | 9.33% | 7.12% | 4.03% | 13.03% | 21.27% | 3.19% | -1.67% |
WFSPX iShares S&P 500 Index Fund | 10.16% | 3.85% | 33.19% | 22.47% | -13.07% | 38.26% | 8.67% | 34.41% | -0.36% | 6.36% |
Correlation
The correlation between 4GLD.DE and WFSPX is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.00 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Nov 13, 2009 | 0.04 |
The correlation between 4GLD.DE and WFSPX shifts across timeframes, from 0.00 (5 years) to 0.14 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
4GLD.DE vs. WFSPX — Risk / Return Rank
4GLD.DE
WFSPX
4GLD.DE vs. WFSPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xetra-Gold (4GLD.DE) and iShares S&P 500 Index Fund (WFSPX). 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 | WFSPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.85 | ||
| Sortino ratioReturn per unit of downside risk | -1.00 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.35 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.12 | 3.18 | -2.06 |
| Martin ratioReturn relative to average drawdown | 3.41 | 11.96 | -8.55 |
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Drawdowns
4GLD.DE vs. WFSPX - Drawdown Comparison
The maximum 4GLD.DE drawdown since its inception was -36.79%, smaller than the maximum WFSPX drawdown of -49.93%. Use the drawdown chart below to compare losses from any high point for 4GLD.DE and WFSPX.
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Drawdown Indicators
| 4GLD.DE | WFSPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.79% | -49.93% | +13.14% |
Max Drawdown (1Y)Largest decline over 1 year | -21.73% | -7.33% | -14.40% |
Max Drawdown (3Y)Largest decline over 3 years | -21.73% | -23.80% | +2.07% |
Max Drawdown (5Y)Largest decline over 5 years | -21.73% | -23.80% | +2.07% |
Max Drawdown (10Y)Largest decline over 10 years | -21.73% | -33.24% | +11.51% |
Current DrawdownCurrent decline from peak | -19.44% | -2.35% | -17.09% |
Average DrawdownAverage peak-to-trough decline | -12.03% | -7.86% | -4.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.11% | 1.95% | +5.16% |
Volatility
4GLD.DE vs. WFSPX - Volatility Comparison
Xetra-Gold (4GLD.DE) has a higher volatility of 6.93% compared to iShares S&P 500 Index Fund (WFSPX) at 3.66%. This indicates that 4GLD.DE's price experiences larger fluctuations and is considered to be riskier than WFSPX 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 | WFSPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.93% | 3.66% | +3.27% |
Volatility (6M)Calculated over the trailing 6-month period | 20.81% | 9.07% | +11.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.70% | 12.49% | +11.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.29% | 16.81% | -0.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.56% | 18.57% | -4.01% |
4GLD.DE vs. WFSPX - Expense Ratio Comparison
4GLD.DE has a 0.00% expense ratio, which is lower than WFSPX's 0.03% 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. WFSPX - Dividend Comparison
4GLD.DE has not paid dividends to shareholders, while WFSPX's dividend yield for the trailing twelve months is around 1.61%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
4GLD.DE Xetra-Gold | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WFSPX iShares S&P 500 Index Fund | 1.61% | 1.72% | 1.41% | 1.50% | 2.02% | 1.82% | 1.66% | 1.99% | 2.00% | 1.62% | 2.37% | 2.49% |
Frequently Asked Questions
4GLD.DE and WFSPX have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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