EGLN.L vs. IS3R.DE
EGLN.L (iShares Physical Gold ETC) and IS3R.DE (iShares Edge MSCI World Momentum Factor UCITS ETF (Acc)) are both exchange-traded funds - EGLN.L is a Gold fund tracking the LBMA Gold Price, while IS3R.DE is a Momentum fund tracking the MSCI World Momentum Index. Both are passively managed. Over the past 10 years, EGLN.L returned 10.77%/yr vs 15.43%/yr for IS3R.DE. At a correlation of -0.01, they often move in opposite directions. Both charge a 0.25% expense ratio.
Performance
EGLN.L vs. IS3R.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 IS3R.DE's 23.73% return. Over the past 10 years, EGLN.L has underperformed IS3R.DE with an annualized return of 10.77%, while IS3R.DE has yielded a comparatively higher 15.43% 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%
IS3R.DE
- 1D
- 3.45%
- 1M
- 4.33%
- YTD
- 23.73%
- 6M
- 26.24%
- 1Y
- 35.47%
- 3Y*
- 25.94%
- 5Y*
- 14.78%
- 10Y*
- 15.43%
EGLN.L vs. IS3R.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% | -0.47% |
IS3R.DE iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) | 23.73% | 8.37% | 37.95% | 8.09% | -13.60% | 24.52% | 16.42% | 31.46% | 0.29% | 16.07% |
Correlation
The correlation between EGLN.L and IS3R.DE is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Oct 6, 2014 | -0.01 |
The correlation between EGLN.L and IS3R.DE shifts across timeframes, from -0.01 (all time) to 0.19 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
EGLN.L vs. IS3R.DE — Risk / Return Rank
EGLN.L
IS3R.DE
EGLN.L vs. IS3R.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Physical Gold ETC (EGLN.L) and iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) (IS3R.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 | IS3R.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.96 | ||
| Sortino ratioReturn per unit of downside risk | -1.48 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.36 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.10 | 3.89 | -2.79 |
| Martin ratioReturn relative to average drawdown | 3.36 | 14.75 | -11.39 |
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Drawdowns
EGLN.L vs. IS3R.DE - Drawdown Comparison
The maximum EGLN.L drawdown since its inception was -47.44%, which is greater than IS3R.DE's maximum drawdown of -30.76%. Use the drawdown chart below to compare losses from any high point for EGLN.L and IS3R.DE.
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Drawdown Indicators
| EGLN.L | IS3R.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.44% | -30.76% | -16.68% |
Max Drawdown (1Y)Largest decline over 1 year | -21.94% | -9.01% | -12.93% |
Max Drawdown (3Y)Largest decline over 3 years | -21.94% | -23.57% | +1.63% |
Max Drawdown (5Y)Largest decline over 5 years | -21.94% | -23.57% | +1.63% |
Max Drawdown (10Y)Largest decline over 10 years | -26.21% | -30.76% | +4.55% |
Current DrawdownCurrent decline from peak | -19.73% | -0.02% | -19.71% |
Average DrawdownAverage peak-to-trough decline | -22.54% | -7.19% | -15.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.17% | 2.38% | +4.79% |
Volatility
EGLN.L vs. IS3R.DE - Volatility Comparison
iShares Physical Gold ETC (EGLN.L) and iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) (IS3R.DE) have volatilities of 6.72% and 6.79%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EGLN.L | IS3R.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.72% | 6.79% | -0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 20.79% | 15.14% | +5.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.72% | 17.72% | +6.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.26% | 17.47% | -0.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.00% | 18.09% | -2.09% |
EGLN.L vs. IS3R.DE - Expense Ratio Comparison
Both EGLN.L and IS3R.DE have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
EGLN.L vs. IS3R.DE - Dividend Comparison
Neither EGLN.L nor IS3R.DE has paid dividends to shareholders.
Frequently Asked Questions
EGLN.L and IS3R.DE have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
EGLN.L and IS3R.DE have the same expense ratio: 0.25% per year.
EGLN.L is categorized as Gold, while IS3R.DE is Momentum. EGLN.L tracks LBMA Gold Price, while IS3R.DE tracks MSCI World Momentum Index.
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