8PSE.DE vs. 2B76.DE
8PSE.DE (Invesco Physical Gold (EUR Hedged) ETC) and 2B76.DE (iShares Automation & Robotics UCITS ETF) are both exchange-traded funds - 8PSE.DE is a Gold fund tracking the LBMA Gold Price PM (EUR Hedged), while 2B76.DE is a Robotics fund tracking the iSTOXX® FactSet Automation & Robotics. Both are passively managed. Over the past 5 years, 8PSE.DE returned 15.46%/yr vs 11.53%/yr for 2B76.DE. At a 0.09 correlation, their price movements are largely independent. 8PSE.DE charges 0.34%/yr vs 0.40%/yr for 2B76.DE.
Performance
8PSE.DE vs. 2B76.DE - Performance Comparison
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Returns By Period
In the year-to-date period, 8PSE.DE achieves a 0.15% return, which is significantly lower than 2B76.DE's 29.17% return.
8PSE.DE
- 1D
- 0.72%
- 1M
- -4.73%
- YTD
- 0.15%
- 6M
- 2.95%
- 1Y
- 26.72%
- 3Y*
- 28.08%
- 5Y*
- 15.46%
- 10Y*
- —
2B76.DE
- 1D
- 3.99%
- 1M
- 3.63%
- YTD
- 29.17%
- 6M
- 29.54%
- 1Y
- 44.07%
- 3Y*
- 17.30%
- 5Y*
- 11.53%
- 10Y*
- —
8PSE.DE vs. 2B76.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
8PSE.DE Invesco Physical Gold (EUR Hedged) ETC | 0.15% | 62.78% | 24.11% | 10.00% | -2.18% | -5.81% | 2.14% |
2B76.DE iShares Automation & Robotics UCITS ETF | 29.17% | 4.50% | 12.12% | 35.00% | -31.03% | 32.23% | 23.88% |
Correlation
The correlation between 8PSE.DE and 2B76.DE is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Jul 15, 2020 | 0.09 |
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Return for Risk
8PSE.DE vs. 2B76.DE — Risk / Return Rank
8PSE.DE
2B76.DE
8PSE.DE vs. 2B76.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Physical Gold (EUR Hedged) ETC (8PSE.DE) and iShares Automation & Robotics UCITS ETF (2B76.DE). 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.
| 8PSE.DE | 2B76.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.73 | ||
| Sortino ratioReturn per unit of downside risk | -0.76 | ||
| Omega ratioGain probability vs. loss probability | 1.60 | 1.32 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 0.56 | 3.35 | -2.79 |
| Martin ratioReturn relative to average drawdown | 2.31 | 10.06 | -7.75 |
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Drawdowns
8PSE.DE vs. 2B76.DE - Drawdown Comparison
The maximum 8PSE.DE drawdown since its inception was -50.81%, which is greater than 2B76.DE's maximum drawdown of -35.50%. Use the drawdown chart below to compare losses from any high point for 8PSE.DE and 2B76.DE.
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Drawdown Indicators
| 8PSE.DE | 2B76.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.81% | -35.50% | -15.31% |
Max Drawdown (1Y)Largest decline over 1 year | -50.81% | -12.67% | -38.14% |
Max Drawdown (3Y)Largest decline over 3 years | -50.81% | -29.47% | -21.34% |
Max Drawdown (5Y)Largest decline over 5 years | -50.81% | -35.50% | -15.31% |
Current DrawdownCurrent decline from peak | -16.31% | -1.05% | -15.26% |
Average DrawdownAverage peak-to-trough decline | -10.13% | -9.61% | -0.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.27% | 4.22% | +8.05% |
Volatility
8PSE.DE vs. 2B76.DE - Volatility Comparison
The current volatility for Invesco Physical Gold (EUR Hedged) ETC (8PSE.DE) is 5.95%, while iShares Automation & Robotics UCITS ETF (2B76.DE) has a volatility of 8.78%. This indicates that 8PSE.DE experiences smaller price fluctuations and is considered to be less risky than 2B76.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 8PSE.DE | 2B76.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.95% | 8.78% | -2.83% |
Volatility (6M)Calculated over the trailing 6-month period | 71.01% | 18.04% | +52.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 181.73% | 22.53% | +159.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 87.63% | 21.97% | +65.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 81.03% | 22.42% | +58.61% |
8PSE.DE vs. 2B76.DE - Expense Ratio Comparison
8PSE.DE has a 0.34% expense ratio, which is lower than 2B76.DE's 0.40% expense ratio.
Dividends
8PSE.DE vs. 2B76.DE - Dividend Comparison
Neither 8PSE.DE nor 2B76.DE has paid dividends to shareholders.
Frequently Asked Questions
8PSE.DE and 2B76.DE have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 8PSE.DE is cheaper at 0.34% per year. The better choice depends on whether you care most about return, fees, risk, or income.
8PSE.DE is cheaper with a 0.34% expense ratio, compared with 0.40% for 2B76.DE.
8PSE.DE is categorized as Gold, while 2B76.DE is Robotics. 8PSE.DE tracks LBMA Gold Price PM (EUR Hedged), while 2B76.DE tracks iSTOXX® FactSet Automation & Robotics. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.34% for 8PSE.DE and 0.40% for 2B76.DE.
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