AVGI.L vs. GLDE.L

Last updated Apr 2, 2026

Compare and contrast key facts about IncomeShares Broadcom (AVGO) Options ETP (AVGI.L) and IncomeShares Gold + Yield ETP GBP (GLDE.L).

AVGI.L and GLDE.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AVGI.L is an actively managed fund by Leverage Shares. It was launched on Jun 27, 2025. GLDE.L is an actively managed fund by Leverage Shares. It was launched on Jul 18, 2024.

Performance

AVGI.L vs. GLDE.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IncomeShares Broadcom (AVGO) Options ETP (AVGI.L) and IncomeShares Gold + Yield ETP GBP (GLDE.L). The values are adjusted to include any dividend payments, if applicable.

AVGI.L vs. GLDE.L - Yearly Performance Comparison

	2026 (YTD)	2025
AVGI.L IncomeShares Broadcom (AVGO) Options ETP	-23.35%	6.46%
GLDE.L IncomeShares Gold + Yield ETP GBP	1.61%	25.56%

Different Trading Currencies

AVGI.L is traded in USD, while GLDE.L is traded in GBp. To make them comparable, the GLDE.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, AVGI.L achieves a -23.35% return, which is significantly lower than GLDE.L's 1.61% return.

AVGI.L

• 1D: -1.37%
• 1M: 0.48%
• YTD: -23.35%
• 6M: -28.47%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GLDE.L

• 1D: 1.06%
• 1M: -10.88%
• YTD: 1.61%
• 6M: 10.88%
• 1Y: 29.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AVGI.L vs. GLDE.L - Expense Ratio Comparison

AVGI.L has a 0.55% expense ratio, which is higher than GLDE.L's 0.35% expense ratio.

AVGI.L

IncomeShares Broadcom (AVGO) Options ETP

GLDE.L

IncomeShares Gold + Yield ETP GBP

Return for Risk

AVGI.L vs. GLDE.L — Risk / Return Rank

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

GLDE.L

GLDE.L Risk / Return Rank: 60
GLDE.L Sharpe Ratio Rank: 63
GLDE.L Sortino Ratio Rank: 56
GLDE.L Omega Ratio Rank: 63
GLDE.L Calmar Ratio Rank: 57
GLDE.L Martin Ratio Rank: 59

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.

AVGI.L vs. GLDE.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IncomeShares Broadcom (AVGO) Options ETP (AVGI.L) and IncomeShares Gold + Yield ETP GBP (GLDE.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	AVGI.L	GLDE.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.27	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.60	1.65	-2.24

Correlation

The correlation between AVGI.L and GLDE.L is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

AVGI.L vs. GLDE.L - Dividend Comparison

AVGI.L's dividend yield for the trailing twelve months is around 0.38%, less than GLDE.L's 4.70% yield.

	TTM	2025	2024
AVGI.L IncomeShares Broadcom (AVGO) Options ETP	0.38%	0.09%	0.00%
GLDE.L IncomeShares Gold + Yield ETP GBP	4.70%	4.82%	0.38%

Drawdowns

AVGI.L vs. GLDE.L - Drawdown Comparison

The maximum AVGI.L drawdown since its inception was -39.10%, which is greater than GLDE.L's maximum drawdown of -18.64%. Use the drawdown chart below to compare losses from any high point for AVGI.L and GLDE.L.

Drawdown Indicators

	AVGI.L	GLDE.L	Difference
Max Drawdown Largest peak-to-trough decline	-39.10%	-16.63%	-22.47%
Max Drawdown (1Y) Largest decline over 1 year	—	-16.63%	—
Current Drawdown Current decline from peak	-38.57%	-10.21%	-28.36%
Average Drawdown Average peak-to-trough decline	-14.57%	-2.34%	-12.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.21%	—

Volatility

Volatility by Period

	AVGI.L	GLDE.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.77%	—
Volatility (6M) Calculated over the trailing 6-month period	—	19.48%	—
Volatility (1Y) Calculated over the trailing 1-year period	39.25%	23.31%	+15.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.25%	19.90%	+19.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.25%	19.90%	+19.35%