EGLN.L vs. VWCE.DE
EGLN.L (iShares Physical Gold ETC) and VWCE.DE (Vanguard FTSE All-World UCITS ETF) are both exchange-traded funds - EGLN.L is a Gold fund tracking the LBMA Gold Price, while VWCE.DE is a Global Equities fund tracking the FTSE All-World Index. Both are passively managed. Over the past 5 years, EGLN.L returned 18.47%/yr vs 11.89%/yr for VWCE.DE. At a 0.04 correlation, their price movements are largely independent. EGLN.L charges 0.25%/yr vs 0.19%/yr for VWCE.DE.
Performance
EGLN.L vs. VWCE.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 VWCE.DE's 11.72% 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%
VWCE.DE
- 1D
- 1.82%
- 1M
- 0.89%
- YTD
- 11.72%
- 6M
- 13.39%
- 1Y
- 26.35%
- 3Y*
- 17.02%
- 5Y*
- 11.89%
- 10Y*
- —
EGLN.L vs. VWCE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
EGLN.L iShares Physical Gold ETC | -0.76% | 46.01% | 34.32% | 9.37% | 6.00% | 3.85% | 13.68% | 5.99% |
VWCE.DE Vanguard FTSE All-World UCITS ETF | 11.72% | 9.16% | 24.41% | 18.18% | -13.47% | 28.62% | 5.36% | 7.08% |
Correlation
The correlation between EGLN.L and VWCE.DE is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Jul 25, 2019 | 0.04 |
Over the past year, EGLN.L and VWCE.DE have become more correlated (0.24) than their long-term average of 0.04, meaning their price movements have been converging.
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Return for Risk
EGLN.L vs. VWCE.DE — Risk / Return Rank
EGLN.L
VWCE.DE
EGLN.L vs. VWCE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Physical Gold ETC (EGLN.L) and Vanguard FTSE All-World UCITS ETF (VWCE.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 | VWCE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.19 | ||
| Sortino ratioReturn per unit of downside risk | -1.67 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.41 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 1.10 | 3.92 | -2.81 |
| Martin ratioReturn relative to average drawdown | 3.36 | 16.07 | -12.71 |
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Drawdowns
EGLN.L vs. VWCE.DE - Drawdown Comparison
The maximum EGLN.L drawdown since its inception was -47.44%, which is greater than VWCE.DE's maximum drawdown of -33.43%. Use the drawdown chart below to compare losses from any high point for EGLN.L and VWCE.DE.
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Drawdown Indicators
| EGLN.L | VWCE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.44% | -33.43% | -14.01% |
Max Drawdown (1Y)Largest decline over 1 year | -21.94% | -6.55% | -15.39% |
Max Drawdown (3Y)Largest decline over 3 years | -21.94% | -21.07% | -0.87% |
Max Drawdown (5Y)Largest decline over 5 years | -21.94% | -21.07% | -0.87% |
Max Drawdown (10Y)Largest decline over 10 years | -26.21% | — | — |
Current DrawdownCurrent decline from peak | -19.73% | -1.47% | -18.26% |
Average DrawdownAverage peak-to-trough decline | -22.54% | -4.68% | -17.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.17% | 1.60% | +5.57% |
Volatility
EGLN.L vs. VWCE.DE - Volatility Comparison
iShares Physical Gold ETC (EGLN.L) has a higher volatility of 6.72% compared to Vanguard FTSE All-World UCITS ETF (VWCE.DE) at 3.40%. This indicates that EGLN.L's price experiences larger fluctuations and is considered to be riskier than VWCE.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 | VWCE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.72% | 3.40% | +3.32% |
Volatility (6M)Calculated over the trailing 6-month period | 20.79% | 8.51% | +12.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.72% | 11.63% | +12.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.26% | 13.79% | +3.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.00% | 16.16% | -0.16% |
EGLN.L vs. VWCE.DE - Expense Ratio Comparison
EGLN.L has a 0.25% expense ratio, which is higher than VWCE.DE's 0.19% 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. VWCE.DE - Dividend Comparison
Neither EGLN.L nor VWCE.DE has paid dividends to shareholders.
Frequently Asked Questions
EGLN.L and VWCE.DE have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VWCE.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VWCE.DE is cheaper with a 0.19% expense ratio, compared with 0.25% for EGLN.L.
EGLN.L is categorized as Gold, while VWCE.DE is Global Equities. EGLN.L tracks LBMA Gold Price, while VWCE.DE tracks FTSE All-World Index. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.25% for EGLN.L and 0.19% for VWCE.DE.
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