Correlation
The correlation between 8PSG.DE and LYP6.DE is 0.07, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
8PSG.DE vs. LYP6.DE
Compare and contrast key facts about Invesco Physical Gold A (8PSG.DE) and Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc (LYP6.DE).
8PSG.DE and LYP6.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 8PSG.DE is a passively managed fund by Invesco that tracks the performance of the Gold. It was launched on Jun 24, 2009. LYP6.DE is a passively managed fund by Amundi that tracks the performance of the STOXX® Europe 600. It was launched on Dec 7, 2017. Both 8PSG.DE and LYP6.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: 8PSG.DE or LYP6.DE.
Performance
8PSG.DE vs. LYP6.DE - Performance Comparison
Loading data...
Key characteristics
8PSG.DE:
2.06
LYP6.DE:
0.44
8PSG.DE:
2.87
LYP6.DE:
0.75
8PSG.DE:
1.38
LYP6.DE:
1.11
8PSG.DE:
6.06
LYP6.DE:
0.47
8PSG.DE:
15.92
LYP6.DE:
2.09
8PSG.DE:
2.14%
LYP6.DE:
3.63%
8PSG.DE:
15.92%
LYP6.DE:
15.02%
8PSG.DE:
-18.33%
LYP6.DE:
-35.51%
8PSG.DE:
-2.45%
LYP6.DE:
-2.97%
Returns By Period
In the year-to-date period, 8PSG.DE achieves a 16.35% return, which is significantly higher than LYP6.DE's 8.68% return.
8PSG.DE
16.35%
-1.29%
15.99%
34.01%
18.68%
13.30%
N/A
LYP6.DE
8.68%
-1.29%
9.18%
7.61%
12.76%
11.13%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
8PSG.DE vs. LYP6.DE - Expense Ratio Comparison
8PSG.DE has a 0.12% expense ratio, which is higher than LYP6.DE's 0.07% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
8PSG.DE vs. LYP6.DE — Risk-Adjusted Performance Rank
8PSG.DE
LYP6.DE
8PSG.DE vs. LYP6.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Physical Gold A (8PSG.DE) and Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc (LYP6.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.
Loading data...
Dividends
8PSG.DE vs. LYP6.DE - Dividend Comparison
Neither 8PSG.DE nor LYP6.DE has paid dividends to shareholders.
Drawdowns
8PSG.DE vs. LYP6.DE - Drawdown Comparison
The maximum 8PSG.DE drawdown since its inception was -18.33%, smaller than the maximum LYP6.DE drawdown of -35.51%. Use the drawdown chart below to compare losses from any high point for 8PSG.DE and LYP6.DE.
Loading data...
Volatility
8PSG.DE vs. LYP6.DE - Volatility Comparison
Invesco Physical Gold A (8PSG.DE) has a higher volatility of 3.38% compared to Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc (LYP6.DE) at 2.54%. This indicates that 8PSG.DE's price experiences larger fluctuations and is considered to be riskier than LYP6.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...