EGLN.L vs. IUSN.DE
EGLN.L (iShares Physical Gold ETC) and IUSN.DE (iShares MSCI World Small Cap UCITS ETF) are both exchange-traded funds - EGLN.L is a Gold fund tracking the LBMA Gold Price, while IUSN.DE is a Global Equities fund tracking the MSCI World Small Cap. Both are passively managed. Over the past 5 years, EGLN.L returned 18.47%/yr vs 7.95%/yr for IUSN.DE. At a 0.04 correlation, their price movements are largely independent. EGLN.L charges 0.25%/yr vs 0.35%/yr for IUSN.DE.
Performance
EGLN.L vs. IUSN.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EGLN.L achieves a -0.76% return, which is significantly lower than IUSN.DE's 16.07% 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%
IUSN.DE
- 1D
- 2.38%
- 1M
- 3.44%
- YTD
- 16.07%
- 6M
- 16.37%
- 1Y
- 32.21%
- 3Y*
- 14.22%
- 5Y*
- 7.95%
- 10Y*
- —
EGLN.L vs. IUSN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
EGLN.L iShares Physical Gold ETC | -0.76% | 46.01% | 34.32% | 9.37% | 6.00% | 3.85% | 13.68% | 20.59% | 2.95% |
IUSN.DE iShares MSCI World Small Cap UCITS ETF | 16.07% | 7.76% | 13.17% | 13.12% | -13.76% | 25.29% | 5.24% | 29.17% | -8.13% |
Correlation
The correlation between EGLN.L and IUSN.DE 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 | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Apr 25, 2018 | 0.04 |
Over the past year, EGLN.L and IUSN.DE have become more correlated (0.26) than their long-term average of 0.04, meaning their price movements have been converging.
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. IUSN.DE — Risk / Return Rank
EGLN.L
IUSN.DE
EGLN.L vs. IUSN.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Physical Gold ETC (EGLN.L) and iShares MSCI World Small Cap UCITS ETF (IUSN.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 | IUSN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.26 | ||
| Sortino ratioReturn per unit of downside risk | -1.84 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.41 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 1.10 | 4.42 | -3.32 |
| Martin ratioReturn relative to average drawdown | 3.36 | 16.61 | -13.25 |
Loading charts...
Drawdowns
EGLN.L vs. IUSN.DE - Drawdown Comparison
The maximum EGLN.L drawdown since its inception was -47.44%, which is greater than IUSN.DE's maximum drawdown of -40.27%. Use the drawdown chart below to compare losses from any high point for EGLN.L and IUSN.DE.
Loading charts...
Drawdown Indicators
| EGLN.L | IUSN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.44% | -40.27% | -7.17% |
Max Drawdown (1Y)Largest decline over 1 year | -21.94% | -7.12% | -14.82% |
Max Drawdown (3Y)Largest decline over 3 years | -21.94% | -24.25% | +2.31% |
Max Drawdown (5Y)Largest decline over 5 years | -21.94% | -24.25% | +2.31% |
Max Drawdown (10Y)Largest decline over 10 years | -26.21% | — | — |
Current DrawdownCurrent decline from peak | -19.73% | 0.00% | -19.73% |
Average DrawdownAverage peak-to-trough decline | -22.54% | -7.00% | -15.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.17% | 1.90% | +5.27% |
Volatility
EGLN.L vs. IUSN.DE - Volatility Comparison
iShares Physical Gold ETC (EGLN.L) has a higher volatility of 6.72% compared to iShares MSCI World Small Cap UCITS ETF (IUSN.DE) at 3.90%. This indicates that EGLN.L's price experiences larger fluctuations and is considered to be riskier than IUSN.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EGLN.L | IUSN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.72% | 3.90% | +2.82% |
Volatility (6M)Calculated over the trailing 6-month period | 20.79% | 9.79% | +11.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.72% | 13.88% | +9.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.26% | 16.56% | +0.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.00% | 18.31% | -2.31% |
EGLN.L vs. IUSN.DE - Expense Ratio Comparison
EGLN.L has a 0.25% expense ratio, which is lower than IUSN.DE's 0.35% expense ratio.
Dividends
EGLN.L vs. IUSN.DE - Dividend Comparison
Neither EGLN.L nor IUSN.DE has paid dividends to shareholders.
Frequently Asked Questions
EGLN.L and IUSN.DE 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.
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 0.35% for IUSN.DE.
EGLN.L is categorized as Gold, while IUSN.DE is Global Equities. EGLN.L tracks LBMA Gold Price, while IUSN.DE tracks MSCI World Small Cap. Their fees differ too: 0.25% for EGLN.L and 0.35% for IUSN.DE.
Find the right allocation for EGLN.L and IUSN.DE
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