EUE.L vs. SGLN.L
EUE.L (iShares Core EURO STOXX 50 UCITS ETF EUR (Dist)) and SGLN.L (iShares Physical Gold ETC) are both exchange-traded funds - EUE.L is a Europe Equities fund tracking the MSCI EMU NR EUR, while SGLN.L is a Gold fund tracking the LBMA Gold Price. Both are passively managed. Over the past 10 years, EUE.L returned 11.61%/yr vs 14.27%/yr for SGLN.L. At a 0.03 correlation, their price movements are largely independent. EUE.L charges 0.10%/yr vs 0.12%/yr for SGLN.L.
Performance
EUE.L vs. SGLN.L - Performance Comparison
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Returns By Period
In the year-to-date period, EUE.L achieves a 6.60% return, which is significantly higher than SGLN.L's 3.89% return. Over the past 10 years, EUE.L has underperformed SGLN.L with an annualized return of 11.61%, while SGLN.L has yielded a comparatively higher 14.27% annualized return.
EUE.L
- 1D
- 0.97%
- 1M
- 4.94%
- YTD
- 6.60%
- 6M
- 7.73%
- 1Y
- 19.02%
- 3Y*
- 15.72%
- 5Y*
- 11.67%
- 10Y*
- 11.61%
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%
EUE.L vs. SGLN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EUE.L iShares Core EURO STOXX 50 UCITS ETF EUR (Dist) | 6.60% | 27.87% | 6.16% | 20.16% | -3.39% | 15.38% | 3.14% | 21.68% | -10.63% | 14.51% |
SGLN.L iShares Physical Gold ETC | 3.89% | 53.66% | 28.20% | 7.24% | 11.84% | -2.57% | 19.62% | 14.63% | 4.36% | 1.68% |
Correlation
The correlation between EUE.L and SGLN.L is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.01 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Apr 13, 2011 | 0.03 |
The correlation between EUE.L and SGLN.L shifts across timeframes, from 0.01 (5 years) to 0.19 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
EUE.L vs. SGLN.L — Risk / Return Rank
EUE.L
SGLN.L
EUE.L vs. SGLN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core EURO STOXX 50 UCITS ETF EUR (Dist) (EUE.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.
| EUE.L | SGLN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.20 | ||
| Sortino ratioReturn per unit of downside risk | -0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.29 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.64 | 1.91 | -0.27 |
| Martin ratioReturn relative to average drawdown | 5.51 | 5.05 | +0.46 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EUE.L | SGLN.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.25 | 1.45 | -0.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.67 | 1.23 | -0.56 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.65 | 0.90 | -0.26 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.27 | 0.55 | -0.28 |
Drawdowns
EUE.L vs. SGLN.L - Drawdown Comparison
The maximum EUE.L drawdown since its inception was -48.69%, which is greater than SGLN.L's maximum drawdown of -41.71%. Use the drawdown chart below to compare losses from any high point for EUE.L and SGLN.L.
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Drawdown Indicators
| EUE.L | SGLN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.69% | -41.71% | -6.98% |
Max Drawdown (1Y)Largest decline over 1 year | -11.53% | -17.57% | +6.04% |
Max Drawdown (3Y)Largest decline over 3 years | -14.41% | -17.57% | +3.16% |
Max Drawdown (5Y)Largest decline over 5 years | -21.94% | -17.57% | -4.37% |
Max Drawdown (10Y)Largest decline over 10 years | -31.97% | -21.91% | -10.06% |
Current DrawdownCurrent decline from peak | -0.49% | -16.01% | +15.52% |
Average DrawdownAverage peak-to-trough decline | -11.17% | -14.76% | +3.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.44% | 6.67% | -3.23% |
Volatility
EUE.L vs. SGLN.L - Volatility Comparison
iShares Core EURO STOXX 50 UCITS ETF EUR (Dist) (EUE.L) and iShares Physical Gold ETC (SGLN.L) have volatilities of 4.95% and 5.08%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EUE.L | SGLN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.95% | 5.08% | -0.13% |
Volatility (6M)Calculated over the trailing 6-month period | 12.42% | 20.08% | -7.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.21% | 23.19% | -7.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.42% | 16.30% | +1.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.91% | 15.78% | +2.13% |
EUE.L vs. SGLN.L - Expense Ratio Comparison
EUE.L has a 0.10% expense ratio, which is lower than SGLN.L's 0.12% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
EUE.L vs. SGLN.L - Dividend Comparison
EUE.L's dividend yield for the trailing twelve months is around 2.55%, while SGLN.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUE.L iShares Core EURO STOXX 50 UCITS ETF EUR (Dist) | 2.55% | 2.46% | 3.09% | 3.00% | 2.79% | 2.10% | 2.13% | 3.20% | 3.64% | 2.84% | 3.32% | 2.85% |
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% | 0.00% | 0.00% |
Frequently Asked Questions
EUE.L and SGLN.L have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUE.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUE.L is cheaper with a 0.10% expense ratio, compared with 0.12% for SGLN.L.
EUE.L is categorized as Europe Equities, while SGLN.L is Gold. EUE.L tracks MSCI EMU NR EUR, while SGLN.L tracks LBMA Gold Price. Their fees differ too: 0.10% for EUE.L and 0.12% for SGLN.L.
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