AINF.L vs. IGLN.L
AINF.L (iShares AI Infrastructure UCITS ETF USD (Acc)) and IGLN.L (iShares Physical Gold ETC) are both exchange-traded funds - AINF.L is a Artificial Intelligence fund tracking the STOXX Global AI Infrastructure Net Index, while IGLN.L is a Gold fund tracking the LBMA Gold Price. Both are passively managed. Over the past year, AINF.L returned 67.02% vs 20.45% for IGLN.L. Their 0.12 correlation means their historical movements had little consistent relationship. AINF.L charges 0.35%/yr vs 0.12%/yr for IGLN.L.
Performance
AINF.L vs. IGLN.L - Performance Comparison
Loading charts...
Different Trading Currencies
AINF.L is traded in GBP, while IGLN.L is traded in USD. To make them comparable, the IGLN.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, AINF.L achieves a 38.00% return, which is significantly higher than IGLN.L's -6.15% return.
AINF.L
- 1D
- 0.00%
- 1M
- -11.37%
- 6M
- 29.00%
- YTD
- 38.00%
- 1Y
- 67.02%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 46.54%
IGLN.L
- 1D
- -1.06%
- 1M
- -0.98%
- 6M
- -21.50%
- YTD
- -6.15%
- 1Y
- 20.45%
- 3Y*
- 25.12%
- 5Y*
- 17.90%
- 10Y*
- 11.22%
- ALL TIME*
- 8.00%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| £1.05M | £1.47M | £2.79M | |
| £19.79M | £21.35M | £23.67M |
AINF.L vs. IGLN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
AINF.L iShares AI Infrastructure UCITS ETF USD (Acc) | 38.00% | 34.74% | 0.43% |
IGLN.L iShares Physical Gold ETC | -6.15% | 53.18% | 0.66% |
Correlation
The correlation between AINF.L and IGLN.L is 0.26, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.26 |
Correlation (All Time) Calculated using the full available price history since Dec 9, 2024 | 0.12 |
The correlation between AINF.L and IGLN.L shifts across timeframes, from 0.12 (all time) to 0.26 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AINF.L vs. IGLN.L — Risk / Return Rank
AINF.L
IGLN.L
AINF.L vs. IGLN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares AI Infrastructure UCITS ETF USD (Acc) (AINF.L) and iShares Physical Gold ETC (IGLN.L). 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.
| AINF.L | IGLN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.53 | ||
| Sortino ratioReturn per unit of downside risk | +1.00 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.16 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 2.27 | 0.83 | +1.45 |
| Martin ratioReturn relative to average drawdown | 4.08 | 1.89 | +2.20 |
Loading charts...
Drawdowns
AINF.L vs. IGLN.L - Drawdown Comparison
The maximum AINF.L drawdown since its inception was -29.48%, smaller than the maximum IGLN.L drawdown of -41.67%. Use the drawdown chart below to compare losses from any high point for AINF.L and IGLN.L.
Loading charts...
Drawdown Indicators
| AINF.L | IGLN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.48% | -41.67% | +12.19% |
Max Drawdown (1Y)Largest decline over 1 year | -29.48% | -24.68% | -4.80% |
Max Drawdown (3Y)Largest decline over 3 years | — | -24.68% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.68% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -24.68% | — |
Current DrawdownCurrent decline from peak | -15.17% | -24.06% | +8.89% |
Average DrawdownAverage peak-to-trough decline | -11.03% | -14.82% | +3.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.41% | 10.80% | +5.61% |
Volatility
AINF.L vs. IGLN.L - Volatility Comparison
iShares AI Infrastructure UCITS ETF USD (Acc) (AINF.L) has a higher volatility of 9.56% compared to iShares Physical Gold ETC (IGLN.L) at 6.73%. This indicates that AINF.L's price experiences larger fluctuations and is considered to be riskier than IGLN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AINF.L | IGLN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.56% | 6.73% | +2.83% |
Volatility (6M)Calculated over the trailing 6-month period | 21.95% | 22.13% | -0.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.63% | 25.82% | +24.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.54% | 17.32% | +26.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.54% | 15.80% | +27.74% |
AINF.L vs. IGLN.L - Expense Ratio Comparison
AINF.L has a 0.35% expense ratio, which is higher than IGLN.L's 0.12% expense ratio.
Dividends
AINF.L vs. IGLN.L - Dividend Comparison
Neither AINF.L nor IGLN.L has paid dividends to shareholders.
Frequently Asked Questions
AINF.L and IGLN.L have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IGLN.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IGLN.L is cheaper with a 0.12% expense ratio, compared with 0.35% for AINF.L.
AINF.L is categorized as Artificial Intelligence, while IGLN.L is Gold. AINF.L tracks STOXX Global AI Infrastructure Net Index, while IGLN.L tracks LBMA Gold Price. Their fees differ too: 0.35% for AINF.L and 0.12% for IGLN.L.
Find the right allocation for AINF.L and IGLN.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer