EGLN.L vs. MSTR
EGLN.L (iShares Physical Gold ETC) is Gold fund tracking the LBMA Gold Price, while MSTR (Strategy Inc) is a stock. Over the past 10 years, EGLN.L returned 10.77%/yr vs 20.53%/yr for MSTR. At a correlation of -0.01, they often move in opposite directions.
Performance
EGLN.L vs. MSTR - Performance Comparison
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Different Trading Currencies
EGLN.L is traded in EUR, while MSTR is traded in USD. To make them comparable, the MSTR values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, EGLN.L achieves a -0.76% return, which is significantly higher than MSTR's -17.16% return. Over the past 10 years, EGLN.L has underperformed MSTR with an annualized return of 10.77%, while MSTR has yielded a comparatively higher 20.53% 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%
MSTR
- 1D
- 3.26%
- 1M
- -33.11%
- YTD
- -17.16%
- 6M
- -28.70%
- 1Y
- -67.67%
- 3Y*
- 59.71%
- 5Y*
- 20.23%
- 10Y*
- 20.53%
EGLN.L vs. MSTR - 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% |
MSTR Strategy Inc | -17.16% | -53.76% | 388.80% | 332.78% | -72.39% | 50.62% | 149.96% | 14.17% | 1.86% | -41.66% |
Correlation
The correlation between EGLN.L and MSTR is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.04 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Apr 8, 2011 | -0.01 |
The correlation between EGLN.L and MSTR shifts across timeframes, from -0.01 (all time) to 0.11 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
EGLN.L vs. MSTR — Risk / Return Rank
EGLN.L
MSTR
EGLN.L vs. MSTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Physical Gold ETC (EGLN.L) and Strategy Inc (MSTR). 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 | MSTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.98 | ||
| Sortino ratioReturn per unit of downside risk | +3.14 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 0.82 | +0.39 |
| Calmar ratioReturn relative to maximum drawdown | 1.10 | -0.88 | +1.98 |
| Martin ratioReturn relative to average drawdown | 3.36 | -1.27 | +4.63 |
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Drawdowns
EGLN.L vs. MSTR - Drawdown Comparison
The maximum EGLN.L drawdown since its inception was -47.44%, smaller than the maximum MSTR drawdown of -87.80%. Use the drawdown chart below to compare losses from any high point for EGLN.L and MSTR.
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Drawdown Indicators
| EGLN.L | MSTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.44% | -87.80% | +40.36% |
Max Drawdown (1Y)Largest decline over 1 year | -21.94% | -76.81% | +54.87% |
Max Drawdown (3Y)Largest decline over 3 years | -21.94% | -79.79% | +57.85% |
Max Drawdown (5Y)Largest decline over 5 years | -21.94% | -82.73% | +60.79% |
Max Drawdown (10Y)Largest decline over 10 years | -26.21% | -87.80% | +61.59% |
Current DrawdownCurrent decline from peak | -19.73% | -76.15% | +56.42% |
Average DrawdownAverage peak-to-trough decline | -22.54% | -34.58% | +12.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.17% | 53.12% | -45.95% |
Volatility
EGLN.L vs. MSTR - Volatility Comparison
The current volatility for iShares Physical Gold ETC (EGLN.L) is 6.72%, while Strategy Inc (MSTR) has a volatility of 21.21%. This indicates that EGLN.L experiences smaller price fluctuations and is considered to be less risky than MSTR 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 | MSTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.72% | 21.21% | -14.49% |
Volatility (6M)Calculated over the trailing 6-month period | 20.79% | 56.86% | -36.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.72% | 70.71% | -46.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.26% | 89.73% | -72.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.00% | 73.23% | -57.23% |
Dividends
EGLN.L vs. MSTR - Dividend Comparison
Neither EGLN.L nor MSTR has paid dividends to shareholders.
Frequently Asked Questions
EGLN.L and MSTR have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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