EYED.L vs. SGLN.L
EYED.L (iShares MSCI Europe Energy Sector UCITS ETF EUR (Dist)) and SGLN.L (iShares Physical Gold ETC) are both exchange-traded funds - EYED.L is a Energy Equities fund tracking the MSCI World/Energy NR USD, while SGLN.L is a Gold fund tracking the LBMA Gold Price. Both are passively managed. Over the past 3 years, EYED.L returned 17.65%/yr vs 28.17%/yr for SGLN.L. At a 0.05 correlation, their price movements are largely independent. EYED.L charges 0.18%/yr vs 0.12%/yr for SGLN.L.
Performance
EYED.L vs. SGLN.L - Performance Comparison
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Different Trading Currencies
EYED.L is traded in GBP, while SGLN.L is traded in GBp. To make them comparable, the SGLN.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, EYED.L achieves a 34.28% return, which is significantly higher than SGLN.L's 3.89% return.
EYED.L
- 1D
- -1.18%
- 1M
- -2.75%
- YTD
- 34.28%
- 6M
- 30.34%
- 1Y
- 58.34%
- 3Y*
- 17.65%
- 5Y*
- —
- 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%
EYED.L vs. SGLN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
EYED.L iShares MSCI Europe Energy Sector UCITS ETF EUR (Dist) | 34.28% | 20.20% | -10.02% | 5.93% | 5.36% |
SGLN.L iShares Physical Gold ETC | 3.89% | 53.66% | 28.20% | 7.24% | -1.44% |
Correlation
The correlation between EYED.L and SGLN.L is 0.00, 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 | 0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Oct 10, 2022 | 0.05 |
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Return for Risk
EYED.L vs. SGLN.L — Risk / Return Rank
EYED.L
SGLN.L
EYED.L vs. SGLN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe Energy Sector UCITS ETF EUR (Dist) (EYED.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.
| EYED.L | SGLN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.15 | ||
| Sortino ratioReturn per unit of downside risk | +1.21 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.29 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 4.79 | 1.91 | +2.88 |
| Martin ratioReturn relative to average drawdown | 14.52 | 5.05 | +9.47 |
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
| EYED.L | SGLN.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.60 | 1.45 | +1.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.23 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.90 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 0.55 | +0.12 |
Drawdowns
EYED.L vs. SGLN.L - Drawdown Comparison
The maximum EYED.L drawdown since its inception was -25.34%, smaller than the maximum SGLN.L drawdown of -41.71%. Use the drawdown chart below to compare losses from any high point for EYED.L and SGLN.L.
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Drawdown Indicators
| EYED.L | SGLN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.34% | -41.71% | +16.37% |
Max Drawdown (1Y)Largest decline over 1 year | -12.12% | -17.57% | +5.45% |
Max Drawdown (3Y)Largest decline over 3 years | -25.34% | -17.57% | -7.77% |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.57% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -21.91% | — |
Current DrawdownCurrent decline from peak | -7.53% | -16.01% | +8.48% |
Average DrawdownAverage peak-to-trough decline | -8.26% | -14.76% | +6.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.01% | 6.67% | -2.66% |
Volatility
EYED.L vs. SGLN.L - Volatility Comparison
iShares MSCI Europe Energy Sector UCITS ETF EUR (Dist) (EYED.L) has a higher volatility of 8.43% compared to iShares Physical Gold ETC (SGLN.L) at 5.08%. This indicates that EYED.L's price experiences larger fluctuations and is considered to be riskier than SGLN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EYED.L | SGLN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.43% | 5.08% | +3.35% |
Volatility (6M)Calculated over the trailing 6-month period | 18.97% | 20.08% | -1.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.35% | 23.19% | -0.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.02% | 16.30% | +4.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.02% | 15.78% | +5.24% |
EYED.L vs. SGLN.L - Expense Ratio Comparison
EYED.L has a 0.18% expense ratio, which is higher than SGLN.L's 0.12% 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
EYED.L vs. SGLN.L - Dividend Comparison
EYED.L's dividend yield for the trailing twelve months is around 3.87%, while SGLN.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
EYED.L iShares MSCI Europe Energy Sector UCITS ETF EUR (Dist) | 3.87% | 5.09% | 5.79% | 5.09% |
SGLN.L iShares Physical Gold ETC | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EYED.L and SGLN.L have a correlation of 0.00, 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 0.18% for EYED.L.
EYED.L is categorized as Energy Equities, while SGLN.L is Gold. EYED.L tracks MSCI World/Energy NR USD, while SGLN.L tracks LBMA Gold Price. Their fees differ too: 0.18% for EYED.L and 0.12% for SGLN.L.
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