EQDS.L vs. SGLN.L
EQDS.L (iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist)) and SGLN.L (iShares Physical Gold ETC) are both exchange-traded funds - EQDS.L is a Europe Equities fund tracking the MSCI Europe High Div Yld NR EUR, while SGLN.L is a Gold fund tracking the LBMA Gold Price. Both are passively managed. Over the past 5 years, EQDS.L returned 6.53%/yr vs 20.12%/yr for SGLN.L. At a 0.06 correlation, their price movements are largely independent. EQDS.L charges 0.28%/yr vs 0.12%/yr for SGLN.L.
Performance
EQDS.L vs. SGLN.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EQDS.L achieves a 2.43% return, which is significantly lower than SGLN.L's 3.89% return.
EQDS.L
- 1D
- 0.54%
- 1M
- 0.43%
- YTD
- 2.43%
- 6M
- 3.65%
- 1Y
- 6.98%
- 3Y*
- 7.40%
- 5Y*
- 6.53%
- 10Y*
- —
SGLN.L
- 1D
- 0.70%
- 1M
- -1.36%
- YTD
- 3.89%
- 6M
- 5.42%
- 1Y
- 33.75%
- 3Y*
- 28.17%
- 5Y*
- 20.12%
- 10Y*
- 14.27%
EQDS.L vs. SGLN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EQDS.L iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist) | 2.43% | 13.04% | 2.83% | 8.89% | 2.95% | 6.17% | -8.39% | 13.33% | -9.12% | -0.84% |
SGLN.L iShares Physical Gold ETC | 3.89% | 53.66% | 28.20% | 7.24% | 11.84% | -2.57% | 19.62% | 14.63% | 4.36% | -3.99% |
Correlation
The correlation between EQDS.L and SGLN.L is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Jun 15, 2017 | 0.06 |
The correlation between EQDS.L and SGLN.L shifts across timeframes, from 0.06 (all time) to 0.16 (1 year), reflecting how their relationship changes across market environments.
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
EQDS.L vs. SGLN.L — Risk / Return Rank
EQDS.L
SGLN.L
EQDS.L vs. SGLN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist) (EQDS.L) and iShares Physical Gold ETC (SGLN.L). 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.
| EQDS.L | SGLN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.81 | ||
| Sortino ratioReturn per unit of downside risk | -0.94 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.29 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 0.72 | 1.91 | -1.19 |
| Martin ratioReturn relative to average drawdown | 2.20 | 5.05 | -2.85 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| EQDS.L | SGLN.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.64 | 1.45 | -0.81 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | 1.23 | -0.71 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.90 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 0.55 | -0.33 |
Drawdowns
EQDS.L vs. SGLN.L - Drawdown Comparison
The maximum EQDS.L drawdown since its inception was -32.52%, smaller than the maximum SGLN.L drawdown of -41.71%. Use the drawdown chart below to compare losses from any high point for EQDS.L and SGLN.L.
Loading charts...
Drawdown Indicators
| EQDS.L | SGLN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.52% | -41.71% | +9.19% |
Max Drawdown (1Y)Largest decline over 1 year | -9.60% | -17.57% | +7.97% |
Max Drawdown (3Y)Largest decline over 3 years | -10.33% | -17.57% | +7.24% |
Max Drawdown (5Y)Largest decline over 5 years | -12.74% | -17.57% | +4.83% |
Max Drawdown (10Y)Largest decline over 10 years | — | -21.91% | — |
Current DrawdownCurrent decline from peak | -4.20% | -16.01% | +11.81% |
Average DrawdownAverage peak-to-trough decline | -5.28% | -14.76% | +9.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.17% | 6.67% | -3.50% |
Volatility
EQDS.L vs. SGLN.L - Volatility Comparison
The current volatility for iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist) (EQDS.L) is 3.32%, while iShares Physical Gold ETC (SGLN.L) has a volatility of 5.08%. This indicates that EQDS.L experiences smaller price fluctuations and is considered to be less risky than SGLN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EQDS.L | SGLN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.32% | 5.08% | -1.76% |
Volatility (6M)Calculated over the trailing 6-month period | 8.67% | 20.08% | -11.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.95% | 23.19% | -12.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.56% | 16.30% | -3.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.79% | 15.78% | -0.99% |
EQDS.L vs. SGLN.L - Expense Ratio Comparison
EQDS.L has a 0.28% expense ratio, which is higher than SGLN.L's 0.12% expense ratio.
Dividends
EQDS.L vs. SGLN.L - Dividend Comparison
EQDS.L's dividend yield for the trailing twelve months is around 0.03%, while SGLN.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
EQDS.L iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist) | 0.03% | 0.03% | 0.03% | 0.04% | 0.04% | 0.05% | 0.03% | 0.05% | 0.05% | 0.01% |
SGLN.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% |
Frequently Asked Questions
EQDS.L and SGLN.L have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SGLN.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SGLN.L is cheaper with a 0.12% expense ratio, compared with 0.28% for EQDS.L.
EQDS.L is categorized as Europe Equities, while SGLN.L is Gold. EQDS.L tracks MSCI Europe High Div Yld NR EUR, while SGLN.L tracks LBMA Gold Price. Their fees differ too: 0.28% for EQDS.L and 0.12% for SGLN.L.
Find the right allocation for EQDS.L and SGLN.L
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