ESIF.DE vs. 4GLD.DE
ESIF.DE (iShares MSCI Europe Financials Sector UCITS ETF EUR (Acc)) and 4GLD.DE (Xetra-Gold) are both exchange-traded funds - ESIF.DE is a Financials Equities fund tracking the MSCI World/Financials NR USD, while 4GLD.DE is a Gold fund tracking the LBMA Gold Price. Both are passively managed. Over the past 5 years, ESIF.DE returned 20.35%/yr vs 19.59%/yr for 4GLD.DE. At a correlation of -0.03, they often move in opposite directions. ESIF.DE charges 0.18%/yr vs 0.00%/yr for 4GLD.DE.
Performance
ESIF.DE vs. 4GLD.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ESIF.DE achieves a 7.54% return, which is significantly higher than 4GLD.DE's 0.25% return.
ESIF.DE
- 1D
- 1.42%
- 1M
- 6.38%
- YTD
- 7.54%
- 6M
- 11.44%
- 1Y
- 29.59%
- 3Y*
- 29.86%
- 5Y*
- 20.35%
- 10Y*
- —
4GLD.DE
- 1D
- 2.95%
- 1M
- -4.05%
- YTD
- 0.25%
- 6M
- 2.33%
- 1Y
- 26.79%
- 3Y*
- 27.91%
- 5Y*
- 19.59%
- 10Y*
- 12.59%
ESIF.DE vs. 4GLD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ESIF.DE iShares MSCI Europe Financials Sector UCITS ETF EUR (Acc) | 7.54% | 47.72% | 25.25% | 21.60% | -2.85% | 29.01% | 2.38% |
4GLD.DE Xetra-Gold | 0.25% | 49.32% | 34.57% | 9.33% | 7.12% | 4.03% | -3.83% |
Correlation
The correlation between ESIF.DE and 4GLD.DE is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 2020 | -0.03 |
The correlation between ESIF.DE and 4GLD.DE shifts across timeframes, from -0.03 (all time) to 0.21 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
ESIF.DE vs. 4GLD.DE — Risk / Return Rank
ESIF.DE
4GLD.DE
ESIF.DE vs. 4GLD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe Financials Sector UCITS ETF EUR (Acc) (ESIF.DE) and Xetra-Gold (4GLD.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.
| ESIF.DE | 4GLD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.50 | ||
| Sortino ratioReturn per unit of downside risk | +0.79 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.22 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.38 | 1.23 | +1.16 |
| Martin ratioReturn relative to average drawdown | 8.11 | 3.72 | +4.40 |
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Drawdowns
ESIF.DE vs. 4GLD.DE - Drawdown Comparison
The maximum ESIF.DE drawdown since its inception was -22.87%, smaller than the maximum 4GLD.DE drawdown of -36.79%. Use the drawdown chart below to compare losses from any high point for ESIF.DE and 4GLD.DE.
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Drawdown Indicators
| ESIF.DE | 4GLD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.87% | -36.79% | +13.92% |
Max Drawdown (1Y)Largest decline over 1 year | -12.35% | -21.73% | +9.38% |
Max Drawdown (3Y)Largest decline over 3 years | -17.08% | -21.73% | +4.65% |
Max Drawdown (5Y)Largest decline over 5 years | -22.87% | -21.73% | -1.14% |
Max Drawdown (10Y)Largest decline over 10 years | — | -21.73% | — |
Current DrawdownCurrent decline from peak | 0.00% | -17.06% | +17.06% |
Average DrawdownAverage peak-to-trough decline | -4.12% | -12.03% | +7.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.62% | 7.19% | -3.57% |
Volatility
ESIF.DE vs. 4GLD.DE - Volatility Comparison
The current volatility for iShares MSCI Europe Financials Sector UCITS ETF EUR (Acc) (ESIF.DE) is 5.58%, while Xetra-Gold (4GLD.DE) has a volatility of 7.32%. This indicates that ESIF.DE experiences smaller price fluctuations and is considered to be less risky than 4GLD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ESIF.DE | 4GLD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.58% | 7.32% | -1.74% |
Volatility (6M)Calculated over the trailing 6-month period | 14.93% | 21.00% | -6.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.27% | 23.89% | -5.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.05% | 16.35% | +2.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.88% | 14.57% | +4.31% |
ESIF.DE vs. 4GLD.DE - Expense Ratio Comparison
ESIF.DE has a 0.18% expense ratio, which is higher than 4GLD.DE's 0.00% 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
ESIF.DE vs. 4GLD.DE - Dividend Comparison
Neither ESIF.DE nor 4GLD.DE has paid dividends to shareholders.
Frequently Asked Questions
ESIF.DE and 4GLD.DE have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 4GLD.DE is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.
4GLD.DE is cheaper with a 0.00% expense ratio, compared with 0.18% for ESIF.DE.
ESIF.DE is categorized as Financials Equities, while 4GLD.DE is Gold. ESIF.DE tracks MSCI World/Financials NR USD, while 4GLD.DE tracks LBMA Gold Price. They also come from different issuers: iShares and Deutsche Börse Commodities. Their fees differ too: 0.18% for ESIF.DE and 0.00% for 4GLD.DE.
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