8PSE.DE vs. PPFB.DE
Compare and contrast key facts about Invesco Physical Gold (EUR Hedged) ETC (8PSE.DE) and iShares Physical Gold ETC (PPFB.DE).
8PSE.DE and PPFB.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 8PSE.DE is a passively managed fund by Invesco that tracks the performance of the Gold (EUR Hedged). It was launched on Jul 9, 2020. PPFB.DE is a passively managed fund by iShares that tracks the performance of the Gold. It was launched on Apr 8, 2011. Both 8PSE.DE and PPFB.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 8PSE.DE or PPFB.DE.
Correlation
The correlation between 8PSE.DE and PPFB.DE is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
8PSE.DE vs. PPFB.DE - Performance Comparison
Key characteristics
8PSE.DE:
1.03
PPFB.DE:
2.47
8PSE.DE:
1.50
PPFB.DE:
3.26
8PSE.DE:
1.26
PPFB.DE:
1.44
8PSE.DE:
1.53
PPFB.DE:
6.20
8PSE.DE:
7.58
PPFB.DE:
14.45
8PSE.DE:
3.11%
PPFB.DE:
2.37%
8PSE.DE:
22.86%
PPFB.DE:
13.79%
8PSE.DE:
-25.21%
PPFB.DE:
-13.01%
8PSE.DE:
-6.14%
PPFB.DE:
-3.13%
Returns By Period
In the year-to-date period, 8PSE.DE achieves a 24.31% return, which is significantly lower than PPFB.DE's 34.72% return.
8PSE.DE
24.31%
-1.11%
11.41%
25.48%
N/A
N/A
PPFB.DE
34.72%
-0.11%
15.55%
35.29%
N/A
N/A
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8PSE.DE vs. PPFB.DE - Expense Ratio Comparison
8PSE.DE has a 0.34% expense ratio, which is higher than PPFB.DE's 0.12% expense ratio.
Risk-Adjusted Performance
8PSE.DE vs. PPFB.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Physical Gold (EUR Hedged) ETC (8PSE.DE) and iShares Physical Gold ETC (PPFB.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.
Dividends
8PSE.DE vs. PPFB.DE - Dividend Comparison
Neither 8PSE.DE nor PPFB.DE has paid dividends to shareholders.
Drawdowns
8PSE.DE vs. PPFB.DE - Drawdown Comparison
The maximum 8PSE.DE drawdown since its inception was -25.21%, which is greater than PPFB.DE's maximum drawdown of -13.01%. Use the drawdown chart below to compare losses from any high point for 8PSE.DE and PPFB.DE. For additional features, visit the drawdowns tool.
Volatility
8PSE.DE vs. PPFB.DE - Volatility Comparison
Invesco Physical Gold (EUR Hedged) ETC (8PSE.DE) and iShares Physical Gold ETC (PPFB.DE) have volatilities of 4.66% and 4.63%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.