8PSG.DE vs. KILO-B.TO

Last updated Jun 5, 2026

8PSG.DE (Invesco Physical Gold ETC) and KILO-B.TO (Purpose Gold Bullion Fund ETF Non-Currency Hedged) are both Gold funds. 8PSG.DE is passively managed, while KILO-B.TO is actively managed. Over the past 5 years, 8PSG.DE returned 19.71%/yr vs 19.75%/yr for KILO-B.TO. A 0.74 correlation means they provide meaningful diversification when combined. 8PSG.DE charges 0.12%/yr vs 0.28%/yr for KILO-B.TO.

Performance

8PSG.DE vs. KILO-B.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Invesco Physical Gold ETC (8PSG.DE) and Purpose Gold Bullion Fund ETF Non-Currency Hedged (KILO-B.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

8PSG.DE is traded in EUR, while KILO-B.TO is traded in CAD. To make them comparable, the KILO-B.TO 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 KILO-B.TO's 4.66% return.

8PSG.DE

• 1D: 0.59%
• 1M: -3.62%
• YTD: 2.72%
• 6M: 6.15%
• 1Y: 31.10%
• 3Y*: 28.02%
• 5Y*: 19.71%
• 10Y*: —

KILO-B.TO

• 1D: 0.43%
• 1M: -3.61%
• YTD: 4.66%
• 6M: 6.27%
• 1Y: 31.10%
• 3Y*: 27.85%
• 5Y*: 19.75%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

8PSG.DE vs. KILO-B.TO - 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%	6.88%
KILO-B.TO Purpose Gold Bullion Fund ETF Non-Currency Hedged	4.66%	44.55%	35.25%	9.56%	5.41%	3.22%	8.04%

Correlation

The correlation between 8PSG.DE and KILO-B.TO is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.78
Correlation (5Y) Calculated over the trailing 5-year period	0.74
Correlation (All Time) Calculated using the full available price history since Mar 3, 2020	0.74

The correlation between 8PSG.DE and KILO-B.TO has been stable across timeframes, ranging from 0.74 to 0.81 - a consistent structural relationship.

Return for Risk

8PSG.DE vs. KILO-B.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

8PSG.DE

8PSG.DE Risk / Return Rank: 36
8PSG.DE Sharpe Ratio Rank: 37
8PSG.DE Sortino Ratio Rank: 34
8PSG.DE Omega Ratio Rank: 40
8PSG.DE Calmar Ratio Rank: 37
8PSG.DE Martin Ratio Rank: 32

KILO-B.TO

KILO-B.TO Risk / Return Rank: 38
KILO-B.TO Sharpe Ratio Rank: 39
KILO-B.TO Sortino Ratio Rank: 35
KILO-B.TO Omega Ratio Rank: 44
KILO-B.TO Calmar Ratio Rank: 40
KILO-B.TO Martin Ratio Rank: 32

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

8PSG.DE vs. KILO-B.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Physical Gold ETC (8PSG.DE) and Purpose Gold Bullion Fund ETF Non-Currency Hedged (KILO-B.TO). 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.

	8PSG.DE	KILO-B.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.30	1.20	+0.09
Sortino ratio: Return per unit of downside risk	1.75	1.63	+0.12
Omega ratio: Gain probability vs. loss probability	1.26	1.25	+0.01
Calmar ratio: Return relative to maximum drawdown	1.82	1.73	+0.09
Martin ratio: Return relative to average drawdown	4.60	4.18	+0.42
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

8PSG.DE vs. KILO-B.TO - Sharpe Ratio Comparison

The current 8PSG.DE Sharpe Ratio is 1.30, which is comparable to the KILO-B.TO Sharpe Ratio of 1.20. The chart below compares the historical Sharpe Ratios of 8PSG.DE and KILO-B.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	8PSG.DE	KILO-B.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.30	1.20	+0.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.21	1.18	+0.03
Sharpe Ratio (All Time) Calculated using the full available price history	1.04	1.15	-0.11

Drawdowns

8PSG.DE vs. KILO-B.TO - Drawdown Comparison

The maximum 8PSG.DE drawdown since its inception was -18.33%, roughly equal to the maximum KILO-B.TO drawdown of -18.47%. Use the drawdown chart below to compare losses from any high point for 8PSG.DE and KILO-B.TO.

Drawdown Indicators

	8PSG.DE	KILO-B.TO	Difference
Max Drawdown Largest peak-to-trough decline	-18.33%	-18.47%	+0.14%
Max Drawdown (1Y) Largest decline over 1 year	-16.55%	-17.37%	+0.82%
Max Drawdown (3Y) Largest decline over 3 years	-16.55%	-17.37%	+0.82%
Max Drawdown (5Y) Largest decline over 5 years	-16.55%	-17.37%	+0.82%
Current Drawdown Current decline from peak	-15.00%	-15.74%	+0.74%
Average Drawdown Average peak-to-trough decline	-6.04%	-5.72%	-0.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.54%	7.17%	-0.63%

Volatility

8PSG.DE vs. KILO-B.TO - Volatility Comparison

Invesco Physical Gold ETC (8PSG.DE) has a higher volatility of 5.09% compared to Purpose Gold Bullion Fund ETF Non-Currency Hedged (KILO-B.TO) at 4.77%. This indicates that 8PSG.DE's price experiences larger fluctuations and is considered to be riskier than KILO-B.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	8PSG.DE	KILO-B.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.09%	4.77%	+0.32%
Volatility (6M) Calculated over the trailing 6-month period	20.17%	21.51%	-1.34%
Volatility (1Y) Calculated over the trailing 1-year period	23.14%	24.94%	-1.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.04%	16.78%	-0.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.13%	17.56%	-1.43%

8PSG.DE vs. KILO-B.TO - Expense Ratio Comparison

8PSG.DE has a 0.12% expense ratio, which is lower than KILO-B.TO's 0.28% expense ratio.

Dividends

8PSG.DE vs. KILO-B.TO - Dividend Comparison

Neither 8PSG.DE nor KILO-B.TO has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
8PSG.DE Invesco Physical Gold ETC	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
KILO-B.TO Purpose Gold Bullion Fund ETF Non-Currency Hedged	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.69%

Frequently Asked Questions

Can I hold both 8PSG.DE and KILO-B.TO in my portfolio?

8PSG.DE and KILO-B.TO have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, 8PSG.DE or KILO-B.TO?

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.

Which ETF is cheaper, 8PSG.DE or KILO-B.TO?

8PSG.DE is cheaper with a 0.12% expense ratio, compared with 0.28% for KILO-B.TO.

What is the main difference between 8PSG.DE and KILO-B.TO?

They also come from different issuers: Invesco and Purpose Investments. Their fees differ too: 0.12% for 8PSG.DE and 0.28% for KILO-B.TO.