EEDM.L vs. SGLN.L
EEDM.L (iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist)) and SGLN.L (iShares Physical Gold ETC) are both exchange-traded funds - EEDM.L is a Emerging Markets Equities fund tracking the MSCI EM ESG Enhanced CTB Index, while SGLN.L is a Gold fund tracking the LBMA Gold Price. Both are passively managed. Over the past 5 years, EEDM.L returned 6.14%/yr vs 17.42%/yr for SGLN.L. At a 0.23 correlation, their price movements are largely independent. EEDM.L charges 0.18%/yr vs 0.12%/yr for SGLN.L.
Performance
EEDM.L vs. SGLN.L - Performance Comparison
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Different Trading Currencies
EEDM.L is traded in USD, while SGLN.L is traded in GBp. To make them comparable, the SGLN.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, EEDM.L achieves a 17.95% return, which is significantly higher than SGLN.L's -5.86% return.
EEDM.L
- 1D
- -0.97%
- 1M
- -7.35%
- 6M
- 12.82%
- YTD
- 17.95%
- 1Y
- 33.86%
- 3Y*
- 19.43%
- 5Y*
- 6.14%
- 10Y*
- —
SGLN.L
- 1D
- -0.48%
- 1M
- -6.59%
- 6M
- -12.14%
- YTD
- -5.86%
- 1Y
- 21.94%
- 3Y*
- 27.43%
- 5Y*
- 17.42%
- 10Y*
- 11.67%
EEDM.L vs. SGLN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
EEDM.L iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist) | 17.95% | 35.48% | 6.70% | 8.18% | -21.69% | -2.85% | 19.76% | 7.14% |
SGLN.L iShares Physical Gold ETC | -5.86% | 65.25% | 26.06% | 12.89% | -0.12% | -3.71% | 23.60% | 2.06% |
Correlation
The correlation between EEDM.L and SGLN.L is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Oct 24, 2019 | 0.23 |
The correlation between EEDM.L and SGLN.L shifts across timeframes, from 0.23 (all time) to 0.42 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
EEDM.L vs. SGLN.L — Risk / Return Rank
EEDM.L
SGLN.L
EEDM.L vs. SGLN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist) (EEDM.L) and iShares Physical Gold ETC (SGLN.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EEDM.L | SGLN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.68 | ||
| Sortino ratioReturn per unit of downside risk | +0.88 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.17 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 2.50 | 0.89 | +1.61 |
| Martin ratioReturn relative to average drawdown | 7.99 | 2.17 | +5.82 |
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Drawdowns
EEDM.L vs. SGLN.L - Drawdown Comparison
The maximum EEDM.L drawdown since its inception was -40.90%, smaller than the maximum SGLN.L drawdown of -56.74%. Use the drawdown chart below to compare losses from any high point for EEDM.L and SGLN.L.
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Drawdown Indicators
| EEDM.L | SGLN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.90% | -56.74% | +15.84% |
Max Drawdown (1Y)Largest decline over 1 year | -13.41% | -24.59% | +11.18% |
Max Drawdown (3Y)Largest decline over 3 years | -16.97% | -24.59% | +7.62% |
Max Drawdown (5Y)Largest decline over 5 years | -36.39% | -24.59% | -11.80% |
Max Drawdown (10Y)Largest decline over 10 years | — | -24.59% | — |
Current DrawdownCurrent decline from peak | -9.31% | -23.60% | +14.29% |
Average DrawdownAverage peak-to-trough decline | -16.32% | -32.94% | +16.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.20% | 10.09% | -5.89% |
Volatility
EEDM.L vs. SGLN.L - Volatility Comparison
iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist) (EEDM.L) has a higher volatility of 9.13% compared to iShares Physical Gold ETC (SGLN.L) at 6.98%. This indicates that EEDM.L's price experiences larger fluctuations and is considered to be riskier than SGLN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EEDM.L | SGLN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.13% | 6.98% | +2.15% |
Volatility (6M)Calculated over the trailing 6-month period | 19.95% | 22.13% | -2.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.88% | 25.64% | -3.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.46% | 22.88% | -3.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.79% | 18.87% | +1.92% |
EEDM.L vs. SGLN.L - Expense Ratio Comparison
EEDM.L has a 0.18% expense ratio, which is higher than SGLN.L's 0.12% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
EEDM.L vs. SGLN.L - Dividend Comparison
EEDM.L's dividend yield for the trailing twelve months is around 1.65%, while SGLN.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
EEDM.L iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist) | 1.65% | 1.89% | 2.37% | 2.37% | 2.59% | 1.97% | 1.54% | 0.05% |
SGLN.L iShares Physical Gold ETC | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EEDM.L and SGLN.L have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SGLN.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SGLN.L is cheaper with a 0.12% expense ratio, compared with 0.18% for EEDM.L.
EEDM.L is categorized as Emerging Markets Equities, while SGLN.L is Gold. EEDM.L tracks MSCI EM ESG Enhanced CTB Index, while SGLN.L tracks LBMA Gold Price. Their fees differ too: 0.18% for EEDM.L and 0.12% for SGLN.L.
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