ESGP.L vs. IGLN.L
ESGP.L (HANetf AuAg ESG Gold Mining UCITS ETF) and IGLN.L (iShares Physical Gold ETC) are both exchange-traded funds - ESGP.L is a Precious Metals fund tracking the EMIX Global Mining Global Gold TR USD, while IGLN.L is a Gold fund tracking the LBMA Gold Price. Both are passively managed. Over the past 3 years, ESGP.L returned 33.25%/yr vs 27.87%/yr for IGLN.L. A 0.63 correlation means they provide meaningful diversification when combined. ESGP.L charges 0.60%/yr vs 0.25%/yr for IGLN.L.
Performance
ESGP.L vs. IGLN.L - Performance Comparison
Loading charts...
Different Trading Currencies
ESGP.L is traded in GBp, while IGLN.L is traded in USD. To make them comparable, the IGLN.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, ESGP.L achieves a 1.59% return, which is significantly lower than IGLN.L's 3.39% return.
ESGP.L
- 1D
- -1.22%
- 1M
- -0.06%
- YTD
- 1.59%
- 6M
- 5.94%
- 1Y
- 64.08%
- 3Y*
- 33.25%
- 5Y*
- —
- 10Y*
- —
IGLN.L
- 1D
- -1.19%
- 1M
- -3.16%
- YTD
- 3.39%
- 6M
- 4.54%
- 1Y
- 33.37%
- 3Y*
- 27.87%
- 5Y*
- 19.72%
- 10Y*
- 14.29%
ESGP.L vs. IGLN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ESGP.L HANetf AuAg ESG Gold Mining UCITS ETF | 1.59% | 136.71% | 3.17% | -0.39% | 2.14% | -3.44% |
IGLN.L iShares Physical Gold ETC | 3.39% | 53.17% | 28.35% | 7.77% | 11.79% | 2.87% |
Correlation
The correlation between ESGP.L and IGLN.L is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.69 |
Correlation (All Time) Calculated using the full available price history since Jul 8, 2021 | 0.63 |
The correlation between ESGP.L and IGLN.L shifts across timeframes, from 0.63 (all time) to 0.75 (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
ESGP.L vs. IGLN.L — Risk / Return Rank
ESGP.L
IGLN.L
ESGP.L vs. IGLN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HANetf AuAg ESG Gold Mining UCITS ETF (ESGP.L) and iShares Physical Gold ETC (IGLN.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.
| ESGP.L | IGLN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.18 | ||
| Sortino ratioReturn per unit of downside risk | +0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.27 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.22 | 1.89 | +0.33 |
| Martin ratioReturn relative to average drawdown | 5.62 | 5.11 | +0.51 |
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
| ESGP.L | IGLN.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.56 | 1.38 | +0.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.17 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.87 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.52 | +0.08 |
Drawdowns
ESGP.L vs. IGLN.L - Drawdown Comparison
The maximum ESGP.L drawdown since its inception was -36.54%, smaller than the maximum IGLN.L drawdown of -41.86%. Use the drawdown chart below to compare losses from any high point for ESGP.L and IGLN.L.
Loading charts...
Drawdown Indicators
| ESGP.L | IGLN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.54% | -41.86% | +5.32% |
Max Drawdown (1Y)Largest decline over 1 year | -28.67% | -17.53% | -11.14% |
Max Drawdown (3Y)Largest decline over 3 years | -28.67% | -17.53% | -11.14% |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.53% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -22.37% | — |
Current DrawdownCurrent decline from peak | -24.79% | -16.35% | -8.44% |
Average DrawdownAverage peak-to-trough decline | -13.49% | -14.94% | +1.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.38% | 6.51% | +4.87% |
Volatility
ESGP.L vs. IGLN.L - Volatility Comparison
HANetf AuAg ESG Gold Mining UCITS ETF (ESGP.L) has a higher volatility of 15.32% compared to iShares Physical Gold ETC (IGLN.L) at 6.05%. This indicates that ESGP.L's price experiences larger fluctuations and is considered to be riskier than IGLN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ESGP.L | IGLN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.32% | 6.05% | +9.27% |
Volatility (6M)Calculated over the trailing 6-month period | 32.61% | 21.14% | +11.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.84% | 24.09% | +16.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.20% | 16.81% | +16.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.20% | 16.35% | +16.85% |
ESGP.L vs. IGLN.L - Expense Ratio Comparison
ESGP.L has a 0.60% expense ratio, which is higher than IGLN.L's 0.25% expense ratio.
Dividends
ESGP.L vs. IGLN.L - Dividend Comparison
Neither ESGP.L nor IGLN.L has paid dividends to shareholders.
Frequently Asked Questions
ESGP.L and IGLN.L have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IGLN.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IGLN.L is cheaper with a 0.25% expense ratio, compared with 0.60% for ESGP.L.
ESGP.L is categorized as Precious Metals, while IGLN.L is Gold. ESGP.L tracks EMIX Global Mining Global Gold TR USD, while IGLN.L tracks LBMA Gold Price. They also come from different issuers: HANetf and iShares. Their fees differ too: 0.60% for ESGP.L and 0.25% for IGLN.L.
Find the right allocation for ESGP.L and IGLN.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