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EGLN.L vs. WM
Performance
Return for Risk
Drawdowns
Volatility
Dividends

EGLN.L vs. WM

Last updated Jun 9, 2026

EGLN.L (iShares Physical Gold ETC) is Gold fund tracking the LBMA Gold Price, while WM (Waste Management, Inc.) is a stock. Over the past 10 years, EGLN.L returned 11.21%/yr vs 15.20%/yr for WM. At a correlation of -0.02, they often move in opposite directions.

Performance

EGLN.L vs. WM - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Physical Gold ETC (EGLN.L) and Waste Management, Inc. (WM). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

EGLN.L is traded in EUR, while WM is traded in USD. To make them comparable, the WM 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 2.32% return, which is significantly lower than WM's 3.13% return. Over the past 10 years, EGLN.L has underperformed WM with an annualized return of 11.21%, while WM has yielded a comparatively higher 15.20% annualized return.

EGLN.L

1D
-0.30%
1M
-6.16%
YTD
2.32%
6M
3.98%
1Y
28.23%
3Y*
27.04%
5Y*
19.18%
10Y*
11.21%

WM

1D
0.00%
1M
5.14%
YTD
3.13%
6M
6.78%
1Y
-6.29%
3Y*
9.80%
5Y*
12.54%
10Y*
15.20%
*Multi-year figures are annualized to reflect compound growth (CAGR)

EGLN.L vs. WM - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
EGLN.L
iShares Physical Gold ETC		2.32%46.01%34.32%9.37%6.00%3.85%13.68%20.59%3.38%-0.47%
WM
Waste Management, Inc.		1.02%-2.61%21.83%12.71%1.43%54.58%-3.23%33.40%10.27%9.17%

Correlation

The correlation between EGLN.L and WM is 0.01, 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

0.01

Correlation (3Y)
Calculated over the trailing 3-year period

0.04

Correlation (5Y)
Calculated over the trailing 5-year period

0.07

Correlation (10Y)
Calculated over the trailing 10-year period

0.06

Correlation (All Time)
Calculated using the full available price history since Apr 8, 2011

-0.02

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Physical Gold ETC

Waste Management, Inc.

Often compared with EGLN.L:
EGLN.L vs. 4GLD.DEEGLN.L vs. XAUUSD=XEGLN.L vs. SPGP.LEGLN.L vs. GDXEGLN.L vs. VWRD.LEGLN.L vs. SGLN.LEGLN.L vs. IQQ0.DE
Often compared with WM:
WM vs. RSGWM vs. WCNWM vs. KOWM vs. SCHDWM vs. GFLWM vs. CLHWM vs. UNP

Return for Risk

EGLN.L vs. WM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EGLN.L
EGLN.L Risk / Return Rank: 3636
Overall Rank
EGLN.L Sharpe Ratio Rank: 3838
Sharpe Ratio Rank
EGLN.L Sortino Ratio Rank: 3333
Sortino Ratio Rank
EGLN.L Omega Ratio Rank: 4242
Omega Ratio Rank
EGLN.L Calmar Ratio Rank: 3636
Calmar Ratio Rank
EGLN.L Martin Ratio Rank: 3131
Martin Ratio Rank
WM
WM Risk / Return Rank: 2424
Overall Rank
WM Sharpe Ratio Rank: 2626
Sharpe Ratio Rank
WM Sortino Ratio Rank: 2222
Sortino Ratio Rank
WM Omega Ratio Rank: 2323
Omega Ratio Rank
WM Calmar Ratio Rank: 2828
Calmar Ratio Rank
WM Martin Ratio Rank: 2323
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EGLN.L vs. WM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Physical Gold ETC (EGLN.L) and Waste Management, Inc. (WM). 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.

EGLN.LWMDifference
Sharpe ratioReturn per unit of total volatility
1.21
-0.32

+1.53

Sortino ratioReturn per unit of downside risk
1.64
-0.31

+1.95

Omega ratioGain probability vs. loss probability

1.24

0.96

+0.28

Calmar ratioReturn relative to maximum drawdown

1.63

-0.38

+2.01

Martin ratioReturn relative to average drawdown

4.17

-0.79

+4.96

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EGLN.L vs. WM - Sharpe Ratio Comparison

The current EGLN.L Sharpe Ratio is 1.21, which is higher than the WM Sharpe Ratio of -0.32. The chart below compares the historical Sharpe Ratios of EGLN.L and WM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

EGLN.LWMDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.21

-0.32

+1.53

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.12

0.65

+0.47

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.70

0.74

-0.04

Sharpe Ratio (All Time)

Calculated using the full available price history

0.37

0.65

-0.28

Drawdowns

EGLN.L vs. WM - Drawdown Comparison

The maximum EGLN.L drawdown since its inception was -47.44%, which is greater than WM's maximum drawdown of -33.02%. Use the drawdown chart below to compare losses from any high point for EGLN.L and WM.

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Drawdown Indicators

EGLN.LWMDifference

Max Drawdown

Largest peak-to-trough decline

-47.44%

-33.02%

-14.42%

Max Drawdown (1Y)

Largest decline over 1 year

-17.24%

-16.58%

-0.66%

Max Drawdown (3Y)

Largest decline over 3 years

-17.24%

-23.29%

+6.05%

Max Drawdown (5Y)

Largest decline over 5 years

-17.24%

-23.29%

+6.05%

Max Drawdown (10Y)

Largest decline over 10 years

-26.21%

-30.63%

+4.42%

Current Drawdown

Current decline from peak

-17.24%

-12.74%

-4.50%

Average Drawdown

Average peak-to-trough decline

-22.54%

-7.79%

-14.75%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.75%

8.73%

-1.98%

Volatility

EGLN.L vs. WM - Volatility Comparison

The current volatility for iShares Physical Gold ETC (EGLN.L) is 5.12%, while Waste Management, Inc. (WM) has a volatility of 6.49%. This indicates that EGLN.L experiences smaller price fluctuations and is considered to be less risky than WM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

EGLN.LWMDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.12%

6.49%

-1.37%

Volatility (6M)

Calculated over the trailing 6-month period

20.24%

14.69%

+5.55%

Volatility (1Y)

Calculated over the trailing 1-year period

23.28%

19.91%

+3.37%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.14%

19.52%

-2.38%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.94%

20.62%

-4.68%

Dividends

EGLN.L vs. WM - Dividend Comparison

EGLN.L has not paid dividends to shareholders, while WM's dividend yield for the trailing twelve months is around 1.64%.

PositionTTM20252024202320222021202020192018201720162015
EGLN.L
iShares Physical Gold ETC		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
WM
Waste Management, Inc.		1.64%1.50%1.49%1.56%1.66%1.38%1.85%1.80%2.09%1.97%2.31%2.89%

Frequently Asked Questions

EGLN.L and WM have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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