EGLN.L vs. AME6.DE
EGLN.L (iShares Physical Gold ETC) and AME6.DE (Amundi STOXX Europe 600 ESG UCITS ETF EUR) are both exchange-traded funds - EGLN.L is a Gold fund tracking the LBMA Gold Price, while AME6.DE is a Europe Equities fund tracking the STOXX® Europe 600 ESG+. Both are passively managed. Over the past 5 years, EGLN.L returned 18.47%/yr vs 9.13%/yr for AME6.DE. At a 0.02 correlation, their price movements are largely independent. EGLN.L charges 0.25%/yr vs 0.18%/yr for AME6.DE.
Performance
EGLN.L vs. AME6.DE - 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 AME6.DE's 7.70% 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%
AME6.DE
- 1D
- 2.09%
- 1M
- 2.97%
- YTD
- 7.70%
- 6M
- 10.59%
- 1Y
- 17.97%
- 3Y*
- 13.10%
- 5Y*
- 9.13%
- 10Y*
- —
EGLN.L vs. AME6.DE - 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% | -2.07% |
AME6.DE Amundi STOXX Europe 600 ESG UCITS ETF EUR | 7.70% | 19.36% | 8.44% | 15.75% | -10.90% | 24.53% | -2.05% | 28.56% | -11.28% | -0.04% |
Correlation
The correlation between EGLN.L and AME6.DE is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Oct 17, 2017 | 0.02 |
Over the past year, EGLN.L and AME6.DE have become more correlated (0.22) than their long-term average of 0.02, meaning their price movements have been converging.
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Return for Risk
EGLN.L vs. AME6.DE — Risk / Return Rank
EGLN.L
AME6.DE
EGLN.L vs. AME6.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Physical Gold ETC (EGLN.L) and Amundi STOXX Europe 600 ESG UCITS ETF EUR (AME6.DE). 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 | AME6.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.17 | ||
| Sortino ratioReturn per unit of downside risk | -0.38 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.23 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.10 | 1.54 | -0.44 |
| Martin ratioReturn relative to average drawdown | 3.36 | 5.84 | -2.48 |
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Drawdowns
EGLN.L vs. AME6.DE - Drawdown Comparison
The maximum EGLN.L drawdown since its inception was -47.44%, which is greater than AME6.DE's maximum drawdown of -35.62%. Use the drawdown chart below to compare losses from any high point for EGLN.L and AME6.DE.
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Drawdown Indicators
| EGLN.L | AME6.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.44% | -35.62% | -11.82% |
Max Drawdown (1Y)Largest decline over 1 year | -21.94% | -10.82% | -11.12% |
Max Drawdown (3Y)Largest decline over 3 years | -21.94% | -16.22% | -5.72% |
Max Drawdown (5Y)Largest decline over 5 years | -21.94% | -20.84% | -1.10% |
Max Drawdown (10Y)Largest decline over 10 years | -26.21% | — | — |
Current DrawdownCurrent decline from peak | -19.73% | -0.32% | -19.41% |
Average DrawdownAverage peak-to-trough decline | -22.54% | -5.00% | -17.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.17% | 2.86% | +4.31% |
Volatility
EGLN.L vs. AME6.DE - Volatility Comparison
iShares Physical Gold ETC (EGLN.L) has a higher volatility of 6.72% compared to Amundi STOXX Europe 600 ESG UCITS ETF EUR (AME6.DE) at 4.64%. This indicates that EGLN.L's price experiences larger fluctuations and is considered to be riskier than AME6.DE 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 | AME6.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.72% | 4.64% | +2.08% |
Volatility (6M)Calculated over the trailing 6-month period | 20.79% | 11.72% | +9.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.72% | 13.97% | +9.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.26% | 14.60% | +2.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.00% | 15.95% | +0.05% |
EGLN.L vs. AME6.DE - Expense Ratio Comparison
EGLN.L has a 0.25% expense ratio, which is higher than AME6.DE's 0.18% 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
EGLN.L vs. AME6.DE - Dividend Comparison
Neither EGLN.L nor AME6.DE has paid dividends to shareholders.
Frequently Asked Questions
EGLN.L and AME6.DE have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AME6.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AME6.DE is cheaper with a 0.18% expense ratio, compared with 0.25% for EGLN.L.
EGLN.L is categorized as Gold, while AME6.DE is Europe Equities. EGLN.L tracks LBMA Gold Price, while AME6.DE tracks STOXX® Europe 600 ESG+. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.25% for EGLN.L and 0.18% for AME6.DE.
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