AUCP.L vs. DGP
Compare and contrast key facts about L&G Gold Mining UCITS ETF (AUCP.L) and DB Gold Double Long Exchange Traded Notes (DGP).
AUCP.L and DGP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AUCP.L is a passively managed fund by LGIM Managers (Europe) Limited that tracks the performance of the EMIX Global Mining Global Gold TR USD. It was launched on Sep 11, 2008. DGP is a passively managed fund by Deutsche Bank that tracks the performance of the Deutsche Bank Liquid Commodity Index-Optimum Yield Gold (200%). It was launched on Feb 27, 2008. Both AUCP.L and DGP are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AUCP.L or DGP.
Key characteristics
| AUCP.L | DGP | |
|---|---|---|
| YTD Return | 25.06% | 49.55% |
| 1Y Return | 43.97% | 65.14% |
| 3Y Return (Ann) | 6.44% | 16.61% |
| 5Y Return (Ann) | 8.43% | 17.73% |
| 10Y Return (Ann) | 11.76% | 10.61% |
| Sharpe Ratio | 1.11 | 2.29 |
| Sortino Ratio | 1.74 | 2.86 |
| Omega Ratio | 1.22 | 1.36 |
| Calmar Ratio | 1.00 | 1.47 |
| Martin Ratio | 5.07 | 14.24 |
| Ulcer Index | 8.06% | 4.67% |
| Daily Std Dev | 36.57% | 29.08% |
| Max Drawdown | -77.57% | -75.31% |
| Current Drawdown | -16.71% | -12.65% |
Correlation
The correlation between AUCP.L and DGP is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AUCP.L vs. DGP - Performance Comparison
In the year-to-date period, AUCP.L achieves a 25.06% return, which is significantly lower than DGP's 49.55% return. Over the past 10 years, AUCP.L has outperformed DGP with an annualized return of 11.76%, while DGP has yielded a comparatively lower 10.61% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AUCP.L vs. DGP - Expense Ratio Comparison
AUCP.L has a 0.65% expense ratio, which is lower than DGP's 0.75% expense ratio.
Risk-Adjusted Performance
AUCP.L vs. DGP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Gold Mining UCITS ETF (AUCP.L) and DB Gold Double Long Exchange Traded Notes (DGP). 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.
Dividends
AUCP.L vs. DGP - Dividend Comparison
Neither AUCP.L nor DGP has paid dividends to shareholders.
Drawdowns
AUCP.L vs. DGP - Drawdown Comparison
The maximum AUCP.L drawdown since its inception was -77.57%, roughly equal to the maximum DGP drawdown of -75.31%. Use the drawdown chart below to compare losses from any high point for AUCP.L and DGP. For additional features, visit the drawdowns tool.
Volatility
AUCP.L vs. DGP - Volatility Comparison
The current volatility for L&G Gold Mining UCITS ETF (AUCP.L) is 9.45%, while DB Gold Double Long Exchange Traded Notes (DGP) has a volatility of 10.60%. This indicates that AUCP.L experiences smaller price fluctuations and is considered to be less risky than DGP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.