ALV.DE vs. PPFB.DE
ALV.DE (Allianz SE) is a stock, while PPFB.DE (iShares Physical Gold ETC) is Gold fund tracking the Gold. Over the past 3 years, ALV.DE returned 28.56%/yr vs 28.05%/yr for PPFB.DE. At a 0.00 correlation, their price movements are largely independent.
Performance
ALV.DE vs. PPFB.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ALV.DE achieves a 3.50% return, which is significantly higher than PPFB.DE's 2.74% return.
ALV.DE
- 1D
- 0.81%
- 1M
- 1.60%
- YTD
- 3.50%
- 6M
- 5.83%
- 1Y
- 18.32%
- 3Y*
- 28.56%
- 5Y*
- 17.80%
- 10Y*
- 17.11%
PPFB.DE
- 1D
- 0.61%
- 1M
- -4.13%
- YTD
- 2.74%
- 6M
- 5.47%
- 1Y
- 29.94%
- 3Y*
- 28.05%
- 5Y*
- —
- 10Y*
- —
ALV.DE vs. PPFB.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ALV.DE Allianz SE | 3.50% | 37.66% | 28.79% | 26.98% | 1.90% | -1.59% |
PPFB.DE iShares Physical Gold ETC | 2.74% | 49.11% | 34.17% | 9.42% | 7.03% | 2.86% |
Correlation
The correlation between ALV.DE and PPFB.DE is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2021 | 0.00 |
The correlation between ALV.DE and PPFB.DE shifts across timeframes, from 0.00 (all time) to 0.11 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
ALV.DE vs. PPFB.DE — Risk / Return Rank
ALV.DE
PPFB.DE
ALV.DE vs. PPFB.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Allianz SE (ALV.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.
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.
| ALV.DE | PPFB.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.37 | ||
| Sortino ratioReturn per unit of downside risk | -0.41 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.26 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.44 | 1.81 | -0.38 |
| Martin ratioReturn relative to average drawdown | 3.71 | 4.60 | -0.89 |
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Drawdowns
ALV.DE vs. PPFB.DE - Drawdown Comparison
The maximum ALV.DE drawdown since its inception was -72.68%, which is greater than PPFB.DE's maximum drawdown of -16.60%. Use the drawdown chart below to compare losses from any high point for ALV.DE and PPFB.DE.
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Drawdown Indicators
| ALV.DE | PPFB.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.68% | -16.60% | -56.08% |
Max Drawdown (1Y)Largest decline over 1 year | -12.35% | -16.60% | +4.25% |
Max Drawdown (3Y)Largest decline over 3 years | -12.35% | -16.60% | +4.25% |
Max Drawdown (5Y)Largest decline over 5 years | -27.52% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -48.71% | — | — |
Current DrawdownCurrent decline from peak | -1.18% | -15.00% | +13.82% |
Average DrawdownAverage peak-to-trough decline | -16.77% | -4.42% | -12.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.79% | 6.55% | -1.76% |
Volatility
ALV.DE vs. PPFB.DE - Volatility Comparison
Allianz SE (ALV.DE) and iShares Physical Gold ETC (PPFB.DE) have volatilities of 5.14% and 5.11%, 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
| ALV.DE | PPFB.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.14% | 5.11% | +0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 13.97% | 20.18% | -6.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.08% | 23.12% | -4.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.64% | 16.13% | +3.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.44% | 16.13% | +6.31% |
Dividends
ALV.DE vs. PPFB.DE - Dividend Comparison
ALV.DE's dividend yield for the trailing twelve months is around 4.43%, while PPFB.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALV.DE Allianz SE | 4.43% | 3.94% | 4.66% | 4.71% | 5.38% | 4.62% | 4.78% | 4.12% | 4.57% | 3.97% | 4.65% | 4.19% |
PPFB.DE iShares Physical Gold 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
ALV.DE and PPFB.DE have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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