8PSG.DE vs. XGDU.DE
8PSG.DE (Invesco Physical Gold ETC) and XGDU.DE (Xtrackers IE Physical Gold ETC Securities) are both Gold funds - 8PSG.DE tracks the LBMA Gold Price PM while XGDU.DE tracks the Gold. Both are passively managed. Over the past 5 years, 8PSG.DE returned 18.68%/yr vs 18.72%/yr for XGDU.DE. Their correlation of 0.83 suggests significant overlap in exposure. Both charge a 0.12% expense ratio.
Performance
8PSG.DE vs. XGDU.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with 8PSG.DE having a -5.74% return and XGDU.DE slightly higher at -5.61%.
8PSG.DE
- 1D
- 0.00%
- 1M
- -8.94%
- YTD
- -5.74%
- 6M
- -6.86%
- 1Y
- 23.34%
- 3Y*
- 26.68%
- 5Y*
- 18.68%
- 10Y*
- 11.21%
XGDU.DE
- 1D
- 0.13%
- 1M
- -8.80%
- YTD
- -5.61%
- 6M
- -6.76%
- 1Y
- 23.53%
- 3Y*
- 25.91%
- 5Y*
- 18.72%
- 10Y*
- —
8PSG.DE vs. XGDU.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
8PSG.DE Invesco Physical Gold ETC | -5.74% | 48.98% | 44.76% | 0.00% | 8.62% | 3.81% | -1.21% |
XGDU.DE Xtrackers IE Physical Gold ETC Securities | -5.61% | 49.09% | 34.21% | 9.43% | 6.99% | 3.80% | -10.64% |
Correlation
The correlation between 8PSG.DE and XGDU.DE is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.98 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Apr 22, 2020 | 0.83 |
The correlation between 8PSG.DE and XGDU.DE shifts across timeframes, from 0.82 (5 years) to 0.98 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
8PSG.DE vs. XGDU.DE — Risk / Return Rank
8PSG.DE
XGDU.DE
8PSG.DE vs. XGDU.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Physical Gold ETC (8PSG.DE) and Xtrackers IE Physical Gold ETC Securities (XGDU.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.
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 | XGDU.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | -0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.19 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.06 | 1.06 | 0.00 |
| Martin ratioReturn relative to average drawdown | 2.46 | 2.47 | -0.01 |
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Drawdowns
8PSG.DE vs. XGDU.DE - Drawdown Comparison
The maximum 8PSG.DE drawdown since its inception was -54.21%, which is greater than XGDU.DE's maximum drawdown of -22.01%. Use the drawdown chart below to compare losses from any high point for 8PSG.DE and XGDU.DE.
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Drawdown Indicators
| 8PSG.DE | XGDU.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.21% | -22.01% | -32.20% |
Max Drawdown (1Y)Largest decline over 1 year | -22.00% | -22.01% | +0.01% |
Max Drawdown (3Y)Largest decline over 3 years | -22.00% | -22.01% | +0.01% |
Max Drawdown (5Y)Largest decline over 5 years | -22.00% | -22.01% | +0.01% |
Max Drawdown (10Y)Largest decline over 10 years | -22.00% | — | — |
Current DrawdownCurrent decline from peak | -22.00% | -21.91% | -0.09% |
Average DrawdownAverage peak-to-trough decline | -23.97% | -6.83% | -17.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.48% | 9.49% | -0.01% |
Volatility
8PSG.DE vs. XGDU.DE - Volatility Comparison
Invesco Physical Gold ETC (8PSG.DE) and Xtrackers IE Physical Gold ETC Securities (XGDU.DE) have volatilities of 7.99% and 8.00%, 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.
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Volatility by Period
| 8PSG.DE | XGDU.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.99% | 8.00% | -0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 21.34% | 21.36% | -0.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.08% | 32.53% | +0.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.49% | 18.97% | -0.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.84% | 18.76% | +3.08% |
8PSG.DE vs. XGDU.DE - Expense Ratio Comparison
Both 8PSG.DE and XGDU.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%.
Dividends
8PSG.DE vs. XGDU.DE - Dividend Comparison
Neither 8PSG.DE nor XGDU.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.98, 8PSG.DE and XGDU.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
Both ETFs have the same 0.12% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
8PSG.DE and XGDU.DE have the same expense ratio: 0.12% per year.
8PSG.DE tracks LBMA Gold Price PM, while XGDU.DE tracks Gold. They also come from different issuers: Invesco and Xtrackers.
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