EGLN.L vs. ^STOXX
EGLN.L (iShares Physical Gold ETC) is Gold fund tracking the LBMA Gold Price, while ^STOXX (STOXX Europe 600 Index) is an index. Over the past 10 years, EGLN.L returned 10.77%/yr vs 7.05%/yr for ^STOXX. At a correlation of -0.00, they often move in opposite directions.
Performance
EGLN.L vs. ^STOXX - Performance Comparison
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Returns By Period
In the year-to-date period, EGLN.L achieves a -0.76% return, which is significantly lower than ^STOXX's 6.82% return. Over the past 10 years, EGLN.L has outperformed ^STOXX with an annualized return of 10.77%, while ^STOXX has yielded a comparatively lower 7.05% annualized return.
EGLN.L
- 1D
- 2.84%
- 1M
- -9.29%
- YTD
- -0.76%
- 6M
- -0.18%
- 1Y
- 22.86%
- 3Y*
- 26.28%
- 5Y*
- 18.47%
- 10Y*
- 10.77%
^STOXX
- 1D
- 1.88%
- 1M
- 3.56%
- YTD
- 6.82%
- 6M
- 9.51%
- 1Y
- 16.20%
- 3Y*
- 10.98%
- 5Y*
- 6.72%
- 10Y*
- 7.05%
EGLN.L vs. ^STOXX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EGLN.L iShares Physical Gold ETC | -0.76% | 46.01% | 34.32% | 9.37% | 6.00% | 3.85% | 13.68% | 20.59% | 3.38% | -0.47% |
^STOXX STOXX Europe 600 Index | 6.82% | 17.42% | 5.39% | 12.74% | -13.06% | 22.10% | -3.83% | 23.78% | -13.61% | 7.68% |
Correlation
The correlation between EGLN.L and ^STOXX is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.00 |
Correlation (All Time) Calculated using the full available price history since Apr 8, 2011 | -0.00 |
The correlation between EGLN.L and ^STOXX shifts across timeframes, from -0.00 (all time) to 0.26 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
EGLN.L vs. ^STOXX — Risk / Return Rank
EGLN.L
^STOXX
EGLN.L vs. ^STOXX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Physical Gold ETC (EGLN.L) and STOXX Europe 600 Index (^STOXX). 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.
| EGLN.L | ^STOXX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.23 | ||
| Sortino ratioReturn per unit of downside risk | -0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.23 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.10 | 1.61 | -0.50 |
| Martin ratioReturn relative to average drawdown | 3.36 | 5.82 | -2.46 |
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Drawdowns
EGLN.L vs. ^STOXX - Drawdown Comparison
The maximum EGLN.L drawdown since its inception was -47.44%, smaller than the maximum ^STOXX drawdown of -60.54%. Use the drawdown chart below to compare losses from any high point for EGLN.L and ^STOXX.
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Drawdown Indicators
| EGLN.L | ^STOXX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.44% | -60.54% | +13.10% |
Max Drawdown (1Y)Largest decline over 1 year | -21.94% | -9.56% | -12.38% |
Max Drawdown (3Y)Largest decline over 3 years | -21.94% | -16.56% | -5.38% |
Max Drawdown (5Y)Largest decline over 5 years | -21.94% | -22.55% | +0.61% |
Max Drawdown (10Y)Largest decline over 10 years | -26.21% | -35.55% | +9.34% |
Current DrawdownCurrent decline from peak | -19.73% | -0.10% | -19.63% |
Average DrawdownAverage peak-to-trough decline | -22.54% | -14.61% | -7.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.17% | 2.68% | +4.49% |
Volatility
EGLN.L vs. ^STOXX - Volatility Comparison
iShares Physical Gold ETC (EGLN.L) has a higher volatility of 6.72% compared to STOXX Europe 600 Index (^STOXX) at 3.17%. This indicates that EGLN.L's price experiences larger fluctuations and is considered to be riskier than ^STOXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EGLN.L | ^STOXX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.72% | 3.17% | +3.55% |
Volatility (6M)Calculated over the trailing 6-month period | 20.79% | 10.28% | +10.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.72% | 12.30% | +11.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.26% | 14.22% | +3.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.00% | 15.50% | +0.50% |
Frequently Asked Questions
EGLN.L and ^STOXX have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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