AAS.L vs. IGLD.DE
AAS.L (Abrdn Asia Focus plc) is a stock, while IGLD.DE (iShares Physical Gold (EUR Hedged) ETC) is Precious Metals fund tracking the Gold (EUR Hedged). Over the past 3 years, AAS.L returned 20.94%/yr vs 28.66%/yr for IGLD.DE. At a 0.08 correlation, their price movements are largely independent.
Performance
AAS.L vs. IGLD.DE - Performance Comparison
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Different Trading Currencies
AAS.L is traded in GBp, while IGLD.DE is traded in EUR. To make them comparable, the IGLD.DE values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, AAS.L achieves a 15.99% return, which is significantly higher than IGLD.DE's -0.49% return.
AAS.L
- 1D
- 0.24%
- 1M
- -8.18%
- YTD
- 15.99%
- 6M
- 15.36%
- 1Y
- 37.00%
- 3Y*
- 20.94%
- 5Y*
- 13.50%
- 10Y*
- 16.32%
IGLD.DE
- 1D
- 0.78%
- 1M
- -5.26%
- YTD
- -0.49%
- 6M
- 3.51%
- 1Y
- 33.93%
- 3Y*
- 28.66%
- 5Y*
- —
- 10Y*
- —
AAS.L vs. IGLD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
AAS.L Abrdn Asia Focus plc | 15.99% | 26.73% | 13.15% | 6.64% | 3.56% |
IGLD.DE iShares Physical Gold (EUR Hedged) ETC | -0.49% | 71.53% | 19.11% | 8.28% | 7.40% |
Correlation
The correlation between AAS.L and IGLD.DE is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Jul 7, 2022 | 0.08 |
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Return for Risk
AAS.L vs. IGLD.DE — Risk / Return Rank
AAS.L
IGLD.DE
AAS.L vs. IGLD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Abrdn Asia Focus plc (AAS.L) and iShares Physical Gold (EUR Hedged) ETC (IGLD.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.
| AAS.L | IGLD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.71 | ||
| Sortino ratioReturn per unit of downside risk | +1.06 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.24 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.84 | 1.78 | +1.06 |
| Martin ratioReturn relative to average drawdown | 9.46 | 4.61 | +4.84 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AAS.L | IGLD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.99 | 1.28 | +0.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.70 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.85 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.00 | 1.34 | -1.34 |
Drawdowns
AAS.L vs. IGLD.DE - Drawdown Comparison
The maximum AAS.L drawdown since its inception was -99.97%, which is greater than IGLD.DE's maximum drawdown of -18.09%. Use the drawdown chart below to compare losses from any high point for AAS.L and IGLD.DE.
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Drawdown Indicators
| AAS.L | IGLD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.97% | -18.09% | -81.88% |
Max Drawdown (1Y)Largest decline over 1 year | -12.97% | -18.09% | +5.12% |
Max Drawdown (3Y)Largest decline over 3 years | -14.76% | -18.09% | +3.33% |
Max Drawdown (5Y)Largest decline over 5 years | -23.17% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -35.82% | — | — |
Current DrawdownCurrent decline from peak | -78.43% | -16.66% | -61.77% |
Average DrawdownAverage peak-to-trough decline | -80.82% | -4.00% | -76.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.90% | 6.98% | -3.08% |
Volatility
AAS.L vs. IGLD.DE - Volatility Comparison
Abrdn Asia Focus plc (AAS.L) has a higher volatility of 6.52% compared to iShares Physical Gold (EUR Hedged) ETC (IGLD.DE) at 5.92%. This indicates that AAS.L's price experiences larger fluctuations and is considered to be riskier than IGLD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AAS.L | IGLD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.52% | 5.92% | +0.60% |
Volatility (6M)Calculated over the trailing 6-month period | 16.04% | 21.72% | -5.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.53% | 25.02% | -6.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.19% | 18.19% | +1.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.27% | 18.19% | +1.08% |
Dividends
AAS.L vs. IGLD.DE - Dividend Comparison
AAS.L's dividend yield for the trailing twelve months is around 1.53%, while IGLD.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAS.L Abrdn Asia Focus plc | 1.53% | 1.77% | 2.53% | 3.26% | 4.11% | 0.00% | 8.14% | 8.84% | 8.40% | 7.58% | 5.54% | 10.18% |
IGLD.DE iShares Physical Gold (EUR Hedged) ETC | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
AAS.L and IGLD.DE have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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