AUCP.L vs. GDGB.L
Compare and contrast key facts about L&G Gold Mining UCITS ETF (AUCP.L) and VanEck Gold Miners UCITS ETF (GDGB.L).
AUCP.L and GDGB.L 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. GDGB.L is a passively managed fund by VanEck that tracks the performance of the EMIX Global Mining Global Gold TR USD. It was launched on Mar 25, 2015. Both AUCP.L and GDGB.L 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 GDGB.L.
Key characteristics
| AUCP.L | GDGB.L | |
|---|---|---|
| YTD Return | 25.06% | 15.15% |
| 1Y Return | 43.97% | 28.90% |
| 3Y Return (Ann) | 6.44% | 4.43% |
| 5Y Return (Ann) | 8.43% | 7.31% |
| Sharpe Ratio | 1.11 | 0.90 |
| Sortino Ratio | 1.74 | 1.43 |
| Omega Ratio | 1.22 | 1.17 |
| Calmar Ratio | 1.00 | 0.70 |
| Martin Ratio | 5.07 | 3.65 |
| Ulcer Index | 8.06% | 7.29% |
| Daily Std Dev | 36.57% | 29.56% |
| Max Drawdown | -77.57% | -40.80% |
| Current Drawdown | -16.71% | -16.64% |
Correlation
The correlation between AUCP.L and GDGB.L is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
AUCP.L vs. GDGB.L - Performance Comparison
In the year-to-date period, AUCP.L achieves a 25.06% return, which is significantly higher than GDGB.L's 15.15% 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. GDGB.L - Expense Ratio Comparison
AUCP.L has a 0.65% expense ratio, which is higher than GDGB.L's 0.53% expense ratio.
Risk-Adjusted Performance
AUCP.L vs. GDGB.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Gold Mining UCITS ETF (AUCP.L) and VanEck Gold Miners UCITS ETF (GDGB.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.
Dividends
AUCP.L vs. GDGB.L - Dividend Comparison
Neither AUCP.L nor GDGB.L has paid dividends to shareholders.
Drawdowns
AUCP.L vs. GDGB.L - Drawdown Comparison
The maximum AUCP.L drawdown since its inception was -77.57%, which is greater than GDGB.L's maximum drawdown of -40.80%. Use the drawdown chart below to compare losses from any high point for AUCP.L and GDGB.L. For additional features, visit the drawdowns tool.
Volatility
AUCP.L vs. GDGB.L - Volatility Comparison
L&G Gold Mining UCITS ETF (AUCP.L) and VanEck Gold Miners UCITS ETF (GDGB.L) have volatilities of 9.45% and 9.16%, 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.