Correlation
The correlation between 8PSG.DE and PPFB.DE is 0.03, 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. 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.
Performance
8PSG.DE vs. PPFB.DE - Performance Comparison
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Key characteristics
8PSG.DE:
2.23
PPFB.DE:
2.24
8PSG.DE:
2.98
PPFB.DE:
2.98
8PSG.DE:
1.39
PPFB.DE:
1.39
8PSG.DE:
6.35
PPFB.DE:
6.45
8PSG.DE:
16.67
PPFB.DE:
16.44
8PSG.DE:
2.14%
PPFB.DE:
2.15%
8PSG.DE:
15.90%
PPFB.DE:
15.89%
8PSG.DE:
-18.33%
PPFB.DE:
-13.01%
8PSG.DE:
-1.81%
PPFB.DE:
-2.08%
Returns By Period
The year-to-date returns for both stocks are quite close, with 8PSG.DE having a 17.12% return and PPFB.DE slightly lower at 16.91%.
8PSG.DE
17.12%
2.37%
16.67%
35.65%
18.49%
13.45%
N/A
PPFB.DE
16.91%
2.12%
16.42%
35.28%
18.41%
N/A
N/A
Compare stocks, funds, or ETFs
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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 Rank
8PSG.DE
PPFB.DE
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.
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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 -18.33%, 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.
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Volatility
8PSG.DE vs. PPFB.DE - Volatility Comparison
The current volatility for Invesco Physical Gold A (8PSG.DE) is 3.34%, while iShares Physical Gold ETC (PPFB.DE) has a volatility of 3.59%. This indicates that 8PSG.DE experiences smaller price fluctuations and is considered to be less risky than PPFB.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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