GJGB.L vs. SGLN.L
Compare and contrast key facts about VanEck Junior Gold Miners UCITS (GJGB.L) and iShares Physical Gold ETC (SGLN.L).
GJGB.L and SGLN.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GJGB.L is a passively managed fund by VanEck that tracks the performance of the EMIX Global Mining Global Gold TR USD. It was launched on Mar 25, 2015. SGLN.L is a passively managed fund by iShares that tracks the performance of the LBMA Gold Price. It was launched on Apr 8, 2011. Both GJGB.L and SGLN.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GJGB.L or SGLN.L.
Key characteristics
| GJGB.L | SGLN.L | |
|---|---|---|
| YTD Return | 18.61% | 25.67% |
| 1Y Return | 34.10% | 28.56% |
| 3Y Return (Ann) | 1.07% | 13.57% |
| 5Y Return (Ann) | 5.30% | 12.13% |
| Sharpe Ratio | 0.88 | 2.31 |
| Sortino Ratio | 1.39 | 3.10 |
| Omega Ratio | 1.17 | 1.41 |
| Calmar Ratio | 0.66 | 4.79 |
| Martin Ratio | 3.81 | 11.73 |
| Ulcer Index | 8.27% | 2.52% |
| Daily Std Dev | 35.74% | 12.79% |
| Max Drawdown | -49.12% | -41.71% |
| Current Drawdown | -24.84% | -4.76% |
Correlation
The correlation between GJGB.L and SGLN.L is 0.70, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
GJGB.L vs. SGLN.L - Performance Comparison
In the year-to-date period, GJGB.L achieves a 18.61% return, which is significantly lower than SGLN.L's 25.67% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GJGB.L vs. SGLN.L - Expense Ratio Comparison
Risk-Adjusted Performance
GJGB.L vs. SGLN.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Junior Gold Miners UCITS (GJGB.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.
Dividends
GJGB.L vs. SGLN.L - Dividend Comparison
Neither GJGB.L nor SGLN.L has paid dividends to shareholders.
Drawdowns
GJGB.L vs. SGLN.L - Drawdown Comparison
The maximum GJGB.L drawdown since its inception was -49.12%, 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 GJGB.L and SGLN.L. For additional features, visit the drawdowns tool.
Volatility
GJGB.L vs. SGLN.L - Volatility Comparison
VanEck Junior Gold Miners UCITS (GJGB.L) has a higher volatility of 10.35% compared to iShares Physical Gold ETC (SGLN.L) at 4.85%. This indicates that GJGB.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.