8PSG.DE vs. PPFB.DE
Compare and contrast key facts about Invesco Physical Gold A (8PSG.DE) and iShares Physical Gold ETC (PPFB.DE).
8PSG.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. 8PSG.DE is a passively managed fund by Invesco that tracks the performance of the Gold. It was launched on Jun 24, 2009. PPFB.DE is a passively managed fund by iShares that tracks the performance of the Gold. It was launched on Apr 8, 2011. Both 8PSG.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: 8PSG.DE or PPFB.DE.
Key characteristics
| 8PSG.DE | PPFB.DE | |
|---|---|---|
| YTD Return | 31.09% | 31.12% |
| 1Y Return | 35.29% | 35.22% |
| 3Y Return (Ann) | 14.24% | 14.27% |
| Sharpe Ratio | 2.59 | 2.61 |
| Sortino Ratio | 3.45 | 3.46 |
| Omega Ratio | 1.46 | 1.46 |
| Calmar Ratio | 6.18 | 6.23 |
| Martin Ratio | 15.59 | 15.70 |
| Ulcer Index | 2.20% | 2.19% |
| Daily Std Dev | 13.23% | 13.16% |
| Max Drawdown | -36.96% | -13.01% |
| Current Drawdown | -4.46% | -4.48% |
Correlation
The correlation between 8PSG.DE and PPFB.DE is 1.00, 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
8PSG.DE vs. PPFB.DE - Performance Comparison
The year-to-date returns for both investments are quite close, with 8PSG.DE having a 31.09% return and PPFB.DE slightly higher at 31.12%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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8PSG.DE vs. PPFB.DE - Expense Ratio Comparison
Both 8PSG.DE and PPFB.DE have an expense ratio of 0.12%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
8PSG.DE vs. PPFB.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Physical Gold A (8PSG.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
8PSG.DE vs. PPFB.DE - Dividend Comparison
Neither 8PSG.DE nor PPFB.DE has paid dividends to shareholders.
Drawdowns
8PSG.DE vs. PPFB.DE - Drawdown Comparison
The maximum 8PSG.DE drawdown since its inception was -36.96%, 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 8PSG.DE and PPFB.DE. For additional features, visit the drawdowns tool.
Volatility
8PSG.DE vs. PPFB.DE - Volatility Comparison
Invesco Physical Gold A (8PSG.DE) and iShares Physical Gold ETC (PPFB.DE) have volatilities of 4.75% and 4.83%, 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.