AUCO.L vs. IBKR

Last updated Jun 9, 2026

AUCO.L (L&G Gold Mining UCITS ETF) is Gold fund tracking the STOXX Global Gold Miners Index, while IBKR (Interactive Brokers Group, Inc.) is a stock. Over the past 10 years, AUCO.L returned 14.35%/yr vs 25.20%/yr for IBKR. At a 0.01 correlation, their price movements are largely independent.

Performance

AUCO.L vs. IBKR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in L&G Gold Mining UCITS ETF (AUCO.L) and Interactive Brokers Group, Inc. (IBKR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AUCO.L achieves a -8.56% return, which is significantly lower than IBKR's 34.52% return. Over the past 10 years, AUCO.L has underperformed IBKR with an annualized return of 14.35%, while IBKR has yielded a comparatively higher 25.20% annualized return.

AUCO.L

• 1D: -1.44%
• 1M: -16.15%
• YTD: -8.56%
• 6M: -1.88%
• 1Y: 54.19%
• 3Y*: 46.28%
• 5Y*: 20.71%
• 10Y*: 14.35%

IBKR

• 1D: -1.17%
• 1M: 2.37%
• YTD: 34.52%
• 6M: 31.96%
• 1Y: 69.50%
• 3Y*: 63.82%
• 5Y*: 40.19%
• 10Y*: 25.20%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AUCO.L vs. IBKR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AUCO.L L&G Gold Mining UCITS ETF	-8.56%	181.83%	17.96%	15.02%	-14.30%	-10.12%	21.72%	44.14%	-10.42%	10.00%
IBKR Interactive Brokers Group, Inc.	34.52%	46.37%	114.43%	15.14%	-8.35%	31.12%	31.71%	-14.01%	-7.13%	63.75%

Correlation

The correlation between AUCO.L and IBKR is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (3Y) Calculated over the trailing 3-year period	0.11
Correlation (5Y) Calculated over the trailing 5-year period	0.07
Correlation (10Y) Calculated over the trailing 10-year period	0.00
Correlation (All Time) Calculated using the full available price history since Sep 11, 2008	0.01

Over the past year, AUCO.L and IBKR have become more correlated (0.24) than their long-term average of 0.01, meaning their price movements have been converging.

Return for Risk

AUCO.L vs. IBKR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AUCO.L

AUCO.L Risk / Return Rank: 35
AUCO.L Sharpe Ratio Rank: 36
AUCO.L Sortino Ratio Rank: 35
AUCO.L Omega Ratio Rank: 35
AUCO.L Calmar Ratio Rank: 38
AUCO.L Martin Ratio Rank: 33

IBKR

IBKR Risk / Return Rank: 86
IBKR Sharpe Ratio Rank: 88
IBKR Sortino Ratio Rank: 84
IBKR Omega Ratio Rank: 82
IBKR Calmar Ratio Rank: 88
IBKR Martin Ratio Rank: 88

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AUCO.L vs. IBKR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for L&G Gold Mining UCITS ETF (AUCO.L) and Interactive Brokers Group, Inc. (IBKR). 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.

	AUCO.L	IBKR	Difference
Sharpe ratio: Return per unit of total volatility	1.18	1.87	-0.69
Sortino ratio: Return per unit of downside risk	1.67	2.47	-0.80
Omega ratio: Gain probability vs. loss probability	1.21	1.30	-0.09
Calmar ratio: Return relative to maximum drawdown	1.70	3.74	-2.04
Martin ratio: Return relative to average drawdown	4.45	9.49	-5.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AUCO.L vs. IBKR - Sharpe Ratio Comparison

The current AUCO.L Sharpe Ratio is 1.18, which is lower than the IBKR Sharpe Ratio of 1.87. The chart below compares the historical Sharpe Ratios of AUCO.L and IBKR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AUCO.L	IBKR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.18	1.87	-0.69
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.54	1.17	-0.63
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.40	0.76	-0.35
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	0.43	-0.23

Drawdowns

AUCO.L vs. IBKR - Drawdown Comparison

The maximum AUCO.L drawdown since its inception was -78.30%, which is greater than IBKR's maximum drawdown of -63.66%. Use the drawdown chart below to compare losses from any high point for AUCO.L and IBKR.

Drawdown Indicators

	AUCO.L	IBKR	Difference
Max Drawdown Largest peak-to-trough decline	-78.30%	-63.66%	-14.64%
Max Drawdown (1Y) Largest decline over 1 year	-31.80%	-18.70%	-13.10%
Max Drawdown (3Y) Largest decline over 3 years	-31.80%	-38.66%	+6.86%
Max Drawdown (5Y) Largest decline over 5 years	-48.62%	-38.66%	-9.96%
Max Drawdown (10Y) Largest decline over 10 years	-54.47%	-55.09%	+0.62%
Current Drawdown Current decline from peak	-31.80%	-2.69%	-29.11%
Average Drawdown Average peak-to-trough decline	-40.79%	-24.86%	-15.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.15%	7.34%	+4.81%

Volatility

AUCO.L vs. IBKR - Volatility Comparison

L&G Gold Mining UCITS ETF (AUCO.L) has a higher volatility of 15.14% compared to Interactive Brokers Group, Inc. (IBKR) at 10.40%. This indicates that AUCO.L's price experiences larger fluctuations and is considered to be riskier than IBKR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AUCO.L	IBKR	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.14%	10.40%	+4.74%
Volatility (6M) Calculated over the trailing 6-month period	36.64%	27.58%	+9.06%
Volatility (1Y) Calculated over the trailing 1-year period	45.89%	37.58%	+8.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.20%	34.45%	+3.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.40%	33.36%	+2.04%

Dividends

AUCO.L vs. IBKR - Dividend Comparison

AUCO.L has not paid dividends to shareholders, while IBKR's dividend yield for the trailing twelve months is around 0.38%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AUCO.L L&G Gold Mining UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IBKR Interactive Brokers Group, Inc.	0.38%	0.47%	0.48%	0.48%	0.55%	0.50%	0.66%	0.86%	0.73%	0.68%	1.10%	0.92%

Frequently Asked Questions

Can I hold both AUCO.L and IBKR in my portfolio?

AUCO.L and IBKR have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.