EGLN.L vs. HYEA.L
EGLN.L (iShares Physical Gold ETC) and HYEA.L (iShares Global High Yield Corporate Bond UCITS ETF) are both exchange-traded funds - EGLN.L is a Gold fund tracking the LBMA Gold Price, while HYEA.L is a High Yield Bonds fund tracking the ICE BofA Gbl HY Constnd TR USD. Both are passively managed. Over the past 5 years, EGLN.L returned 18.69%/yr vs 3.99%/yr for HYEA.L. At a 0.07 correlation, their price movements are largely independent. EGLN.L charges 0.25%/yr vs 0.50%/yr for HYEA.L.
Performance
EGLN.L vs. HYEA.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EGLN.L achieves a -3.74% return, which is significantly lower than HYEA.L's 3.42% return.
EGLN.L
- 1D
- 0.07%
- 1M
- -8.89%
- YTD
- -3.74%
- 6M
- -7.35%
- 1Y
- 23.45%
- 3Y*
- 25.86%
- 5Y*
- 18.69%
- 10Y*
- 10.12%
HYEA.L
- 1D
- 0.00%
- 1M
- 1.89%
- YTD
- 3.42%
- 6M
- 3.84%
- 1Y
- 6.60%
- 3Y*
- 7.08%
- 5Y*
- 3.99%
- 10Y*
- —
EGLN.L vs. HYEA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EGLN.L iShares Physical Gold ETC | -3.74% | 46.01% | 34.32% | 9.37% | 6.00% | 3.85% | 13.68% | 20.59% | 3.38% | -0.56% |
HYEA.L iShares Global High Yield Corporate Bond UCITS ETF | 3.42% | 1.53% | 9.22% | 9.21% | -6.45% | 8.26% | -1.76% | 14.15% | 0.26% | -16.08% |
Correlation
The correlation between EGLN.L and HYEA.L is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2017 | 0.07 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EGLN.L vs. HYEA.L — Risk / Return Rank
EGLN.L
HYEA.L
EGLN.L vs. HYEA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Physical Gold ETC (EGLN.L) and iShares Global High Yield Corporate Bond UCITS ETF (HYEA.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.
| EGLN.L | HYEA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.96 | ||
| Sortino ratioReturn per unit of downside risk | -1.53 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.36 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.05 | 3.50 | -2.45 |
| Martin ratioReturn relative to average drawdown | 2.92 | 13.04 | -10.12 |
Loading charts...
Drawdowns
EGLN.L vs. HYEA.L - Drawdown Comparison
The maximum EGLN.L drawdown since its inception was -47.44%, which is greater than HYEA.L's maximum drawdown of -22.83%. Use the drawdown chart below to compare losses from any high point for EGLN.L and HYEA.L.
Loading charts...
Drawdown Indicators
| EGLN.L | HYEA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.44% | -22.83% | -24.61% |
Max Drawdown (1Y)Largest decline over 1 year | -22.19% | -1.89% | -20.30% |
Max Drawdown (3Y)Largest decline over 3 years | -22.19% | -6.63% | -15.56% |
Max Drawdown (5Y)Largest decline over 5 years | -22.19% | -9.74% | -12.45% |
Max Drawdown (10Y)Largest decline over 10 years | -26.21% | — | — |
Current DrawdownCurrent decline from peak | -22.14% | 0.00% | -22.14% |
Average DrawdownAverage peak-to-trough decline | -22.53% | -5.37% | -17.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.00% | 0.51% | +7.49% |
Volatility
EGLN.L vs. HYEA.L - Volatility Comparison
iShares Physical Gold ETC (EGLN.L) has a higher volatility of 7.96% compared to iShares Global High Yield Corporate Bond UCITS ETF (HYEA.L) at 0.98%. This indicates that EGLN.L's price experiences larger fluctuations and is considered to be riskier than HYEA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EGLN.L | HYEA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.96% | 0.98% | +6.98% |
Volatility (6M)Calculated over the trailing 6-month period | 21.28% | 2.48% | +18.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.05% | 3.44% | +20.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.36% | 5.43% | +11.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.00% | 8.51% | +7.49% |
EGLN.L vs. HYEA.L - Expense Ratio Comparison
EGLN.L has a 0.25% expense ratio, which is lower than HYEA.L's 0.50% expense ratio.
Dividends
EGLN.L vs. HYEA.L - Dividend Comparison
Neither EGLN.L nor HYEA.L has paid dividends to shareholders.
Frequently Asked Questions
EGLN.L and HYEA.L have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EGLN.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EGLN.L is cheaper with a 0.25% expense ratio, compared with 0.50% for HYEA.L.
EGLN.L is categorized as Gold, while HYEA.L is High Yield Bonds. EGLN.L tracks LBMA Gold Price, while HYEA.L tracks ICE BofA Gbl HY Constnd TR USD. Their fees differ too: 0.25% for EGLN.L and 0.50% for HYEA.L.
Find the right allocation for EGLN.L and HYEA.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer