ECAR.L vs. IGLN.L
ECAR.L (iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc)) and IGLN.L (iShares Physical Gold ETC) are both exchange-traded funds - ECAR.L is a Technology Equities fund tracking the MSCI World/Information Tech NR USD, while IGLN.L is a Gold fund tracking the LBMA Gold Price. Both are passively managed. Over the past 5 years, ECAR.L returned 12.46%/yr vs 18.61%/yr for IGLN.L. At a 0.12 correlation, their price movements are largely independent. ECAR.L charges 0.40%/yr vs 0.25%/yr for IGLN.L.
Performance
ECAR.L vs. IGLN.L - Performance Comparison
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Returns By Period
In the year-to-date period, ECAR.L achieves a 57.85% return, which is significantly higher than IGLN.L's 3.70% return.
ECAR.L
- 1D
- -1.93%
- 1M
- 20.58%
- YTD
- 57.85%
- 6M
- 59.03%
- 1Y
- 91.94%
- 3Y*
- 27.13%
- 5Y*
- 12.46%
- 10Y*
- —
IGLN.L
- 1D
- 0.68%
- 1M
- -2.35%
- YTD
- 3.70%
- 6M
- 6.03%
- 1Y
- 32.37%
- 3Y*
- 31.55%
- 5Y*
- 18.61%
- 10Y*
- 13.42%
ECAR.L vs. IGLN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ECAR.L iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc) | 57.85% | 24.33% | -0.93% | 27.09% | -27.28% | 16.16% | 33.68% | 5.26% |
IGLN.L iShares Physical Gold ETC | 3.70% | 64.92% | 26.14% | 13.44% | -0.09% | -4.03% | 24.16% | 14.16% |
Correlation
The correlation between ECAR.L and IGLN.L is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Feb 25, 2019 | 0.12 |
The correlation between ECAR.L and IGLN.L shifts across timeframes, from 0.12 (all time) to 0.28 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
ECAR.L vs. IGLN.L — Risk / Return Rank
ECAR.L
IGLN.L
ECAR.L vs. IGLN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc) (ECAR.L) and iShares Physical Gold ETC (IGLN.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.
| ECAR.L | IGLN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.23 | ||
| Sortino ratioReturn per unit of downside risk | +2.86 | ||
| Omega ratioGain probability vs. loss probability | 1.55 | 1.25 | +0.30 |
| Calmar ratioReturn relative to maximum drawdown | 7.02 | 1.86 | +5.16 |
| Martin ratioReturn relative to average drawdown | 21.74 | 4.79 | +16.95 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ECAR.L | IGLN.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.53 | 1.30 | +2.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 1.07 | -0.57 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.86 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.62 | 0.46 | +0.17 |
Drawdowns
ECAR.L vs. IGLN.L - Drawdown Comparison
The maximum ECAR.L drawdown since its inception was -42.77%, smaller than the maximum IGLN.L drawdown of -45.24%. Use the drawdown chart below to compare losses from any high point for ECAR.L and IGLN.L.
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Drawdown Indicators
| ECAR.L | IGLN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.77% | -45.24% | +2.47% |
Max Drawdown (1Y)Largest decline over 1 year | -13.03% | -17.36% | +4.33% |
Max Drawdown (3Y)Largest decline over 3 years | -29.34% | -17.36% | -11.98% |
Max Drawdown (5Y)Largest decline over 5 years | -36.21% | -21.15% | -15.06% |
Max Drawdown (10Y)Largest decline over 10 years | — | -21.15% | — |
Current DrawdownCurrent decline from peak | -1.93% | -15.66% | +13.73% |
Average DrawdownAverage peak-to-trough decline | -11.56% | -19.80% | +8.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.21% | 6.74% | -2.53% |
Volatility
ECAR.L vs. IGLN.L - Volatility Comparison
iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc) (ECAR.L) has a higher volatility of 12.68% compared to iShares Physical Gold ETC (IGLN.L) at 6.36%. This indicates that ECAR.L's price experiences larger fluctuations and is considered to be riskier than IGLN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ECAR.L | IGLN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.68% | 6.36% | +6.32% |
Volatility (6M)Calculated over the trailing 6-month period | 21.36% | 21.73% | -0.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.91% | 24.78% | +1.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.72% | 17.36% | +7.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.69% | 15.54% | +10.15% |
ECAR.L vs. IGLN.L - Expense Ratio Comparison
ECAR.L has a 0.40% expense ratio, which is higher than IGLN.L's 0.25% expense ratio.
Dividends
ECAR.L vs. IGLN.L - Dividend Comparison
Neither ECAR.L nor IGLN.L has paid dividends to shareholders.
Frequently Asked Questions
ECAR.L and IGLN.L have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IGLN.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IGLN.L is cheaper with a 0.25% expense ratio, compared with 0.40% for ECAR.L.
ECAR.L is categorized as Technology Equities, while IGLN.L is Gold. ECAR.L tracks MSCI World/Information Tech NR USD, while IGLN.L tracks LBMA Gold Price. Their fees differ too: 0.40% for ECAR.L and 0.25% for IGLN.L.
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