8PSG.DE vs. ACWI
8PSG.DE (Invesco Physical Gold ETC) and ACWI (iShares MSCI ACWI ETF) are both exchange-traded funds - 8PSG.DE is a Gold fund tracking the LBMA Gold Price PM, while ACWI is a Global Equities fund tracking the MSCI All Country World Index. Both are passively managed. Over the past 5 years, 8PSG.DE returned 19.71%/yr vs 11.90%/yr for ACWI. At a 0.05 correlation, their price movements are largely independent. 8PSG.DE charges 0.12%/yr vs 0.32%/yr for ACWI.
Performance
8PSG.DE vs. ACWI - Performance Comparison
Loading charts...
Different Trading Currencies
8PSG.DE is traded in EUR, while ACWI is traded in USD. To make them comparable, the ACWI values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, 8PSG.DE achieves a 2.72% return, which is significantly lower than ACWI's 12.29% return.
8PSG.DE
- 1D
- 0.59%
- 1M
- -4.15%
- YTD
- 2.72%
- 6M
- 5.46%
- 1Y
- 29.89%
- 3Y*
- 28.02%
- 5Y*
- 19.71%
- 10Y*
- —
ACWI
- 1D
- 0.49%
- 1M
- 0.77%
- YTD
- 12.29%
- 6M
- 12.99%
- 1Y
- 26.67%
- 3Y*
- 17.03%
- 5Y*
- 11.90%
- 10Y*
- 12.66%
8PSG.DE vs. ACWI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
8PSG.DE Invesco Physical Gold ETC | 2.72% | 48.98% | 34.29% | 9.43% | 7.00% | 3.81% | 5.65% |
ACWI iShares MSCI ACWI ETF | 12.29% | 7.89% | 25.20% | 18.61% | -13.33% | 27.54% | 15.17% |
Correlation
The correlation between 8PSG.DE and ACWI is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Mar 2, 2020 | 0.05 |
The correlation between 8PSG.DE and ACWI shifts across timeframes, from 0.04 (5 years) to 0.18 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
8PSG.DE vs. ACWI — Risk / Return Rank
8PSG.DE
ACWI
8PSG.DE vs. ACWI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Physical Gold ETC (8PSG.DE) and iShares MSCI ACWI ETF (ACWI). 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.
| 8PSG.DE | ACWI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.74 | ||
| Sortino ratioReturn per unit of downside risk | -0.92 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.38 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.82 | 3.62 | -1.80 |
| Martin ratioReturn relative to average drawdown | 4.60 | 14.92 | -10.32 |
Loading charts...
Drawdowns
8PSG.DE vs. ACWI - Drawdown Comparison
The maximum 8PSG.DE drawdown since its inception was -18.33%, smaller than the maximum ACWI drawdown of -45.79%. Use the drawdown chart below to compare losses from any high point for 8PSG.DE and ACWI.
Loading charts...
Drawdown Indicators
| 8PSG.DE | ACWI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.33% | -45.79% | +27.46% |
Max Drawdown (1Y)Largest decline over 1 year | -16.55% | -7.11% | -9.44% |
Max Drawdown (3Y)Largest decline over 3 years | -16.55% | -20.51% | +3.96% |
Max Drawdown (5Y)Largest decline over 5 years | -16.55% | -20.51% | +3.96% |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.80% | — |
Current DrawdownCurrent decline from peak | -15.00% | -1.66% | -13.34% |
Average DrawdownAverage peak-to-trough decline | -6.03% | -6.42% | +0.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.54% | 1.72% | +4.82% |
Volatility
8PSG.DE vs. ACWI - Volatility Comparison
Invesco Physical Gold ETC (8PSG.DE) has a higher volatility of 5.09% compared to iShares MSCI ACWI ETF (ACWI) at 4.25%. This indicates that 8PSG.DE's price experiences larger fluctuations and is considered to be riskier than ACWI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| 8PSG.DE | ACWI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.09% | 4.25% | +0.84% |
Volatility (6M)Calculated over the trailing 6-month period | 20.17% | 9.88% | +10.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.14% | 12.66% | +10.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.04% | 15.18% | +0.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.13% | 16.98% | -0.85% |
8PSG.DE vs. ACWI - Expense Ratio Comparison
8PSG.DE has a 0.12% expense ratio, which is lower than ACWI's 0.32% expense ratio.
Dividends
8PSG.DE vs. ACWI - Dividend Comparison
8PSG.DE has not paid dividends to shareholders, while ACWI's dividend yield for the trailing twelve months is around 1.40%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
8PSG.DE Invesco Physical Gold ETC | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ACWI iShares MSCI ACWI ETF | 1.40% | 1.55% | 1.70% | 1.88% | 1.79% | 1.71% | 1.43% | 2.33% | 2.18% | 1.94% | 2.19% | 2.56% |
Frequently Asked Questions
8PSG.DE and ACWI have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 8PSG.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
8PSG.DE is cheaper with a 0.12% expense ratio, compared with 0.32% for ACWI.
8PSG.DE is categorized as Gold, while ACWI is Global Equities. 8PSG.DE tracks LBMA Gold Price PM, while ACWI tracks MSCI All Country World Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.12% for 8PSG.DE and 0.32% for ACWI.
Find the right allocation for 8PSG.DE and ACWI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer