GLDA.DE vs. RGPM.NEO
GLDA.DE (Amundi Physical Gold ETC (C)) and RGPM.NEO (RBC Global Precious Metals Fund) are both Precious Metals funds. GLDA.DE is passively managed, while RGPM.NEO is actively managed. Over the past 3 years, GLDA.DE returned 28.03%/yr vs 40.40%/yr for RGPM.NEO. At a 0.48 correlation, their price movements are largely independent. GLDA.DE charges 0.12%/yr vs 1.02%/yr for RGPM.NEO.
Performance
GLDA.DE vs. RGPM.NEO - Performance Comparison
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Different Trading Currencies
GLDA.DE is traded in EUR, while RGPM.NEO is traded in CAD. To make them comparable, the RGPM.NEO values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, GLDA.DE achieves a 2.73% return, which is significantly higher than RGPM.NEO's 2.53% return.
GLDA.DE
- 1D
- 0.57%
- 1M
- -1.60%
- YTD
- 2.73%
- 6M
- 6.36%
- 1Y
- 30.16%
- 3Y*
- 28.03%
- 5Y*
- 19.71%
- 10Y*
- —
RGPM.NEO
- 1D
- 1.10%
- 1M
- 0.65%
- YTD
- 2.53%
- 6M
- 10.24%
- 1Y
- 57.23%
- 3Y*
- 40.40%
- 5Y*
- —
- 10Y*
- —
GLDA.DE vs. RGPM.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
GLDA.DE Amundi Physical Gold ETC (C) | 2.73% | 48.99% | 34.24% | 7.18% |
RGPM.NEO RBC Global Precious Metals Fund | 2.53% | 125.25% | 34.26% | -4.98% |
Correlation
The correlation between GLDA.DE and RGPM.NEO is 0.68, 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 | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Mar 6, 2023 | 0.48 |
The correlation between GLDA.DE and RGPM.NEO shifts across timeframes, from 0.48 (all time) to 0.68 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
GLDA.DE vs. RGPM.NEO — Risk / Return Rank
GLDA.DE
RGPM.NEO
GLDA.DE vs. RGPM.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Physical Gold ETC (C) (GLDA.DE) and RBC Global Precious Metals Fund (RGPM.NEO). 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.
| GLDA.DE | RGPM.NEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.26 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.82 | 1.99 | -0.17 |
| Martin ratioReturn relative to average drawdown | 4.60 | 5.27 | -0.67 |
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
| GLDA.DE | RGPM.NEO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.30 | 1.35 | -0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.21 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.10 | 1.21 | -0.11 |
Drawdowns
GLDA.DE vs. RGPM.NEO - Drawdown Comparison
The maximum GLDA.DE drawdown since its inception was -18.34%, smaller than the maximum RGPM.NEO drawdown of -28.95%. Use the drawdown chart below to compare losses from any high point for GLDA.DE and RGPM.NEO.
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Drawdown Indicators
| GLDA.DE | RGPM.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.34% | -28.95% | +10.61% |
Max Drawdown (1Y)Largest decline over 1 year | -16.53% | -28.95% | +12.42% |
Max Drawdown (3Y)Largest decline over 3 years | -16.53% | -28.95% | +12.42% |
Max Drawdown (5Y)Largest decline over 5 years | -16.53% | — | — |
Current DrawdownCurrent decline from peak | -15.01% | -23.58% | +8.57% |
Average DrawdownAverage peak-to-trough decline | -5.75% | -8.51% | +2.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.54% | 10.88% | -4.34% |
Volatility
GLDA.DE vs. RGPM.NEO - Volatility Comparison
The current volatility for Amundi Physical Gold ETC (C) (GLDA.DE) is 5.11%, while RBC Global Precious Metals Fund (RGPM.NEO) has a volatility of 15.78%. This indicates that GLDA.DE experiences smaller price fluctuations and is considered to be less risky than RGPM.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GLDA.DE | RGPM.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.11% | 15.78% | -10.67% |
Volatility (6M)Calculated over the trailing 6-month period | 20.17% | 35.25% | -15.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.11% | 42.66% | -19.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.05% | 32.70% | -16.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.85% | 32.70% | -16.85% |
GLDA.DE vs. RGPM.NEO - Expense Ratio Comparison
GLDA.DE has a 0.12% expense ratio, which is lower than RGPM.NEO's 1.02% expense ratio.
Dividends
GLDA.DE vs. RGPM.NEO - Dividend Comparison
Neither GLDA.DE nor RGPM.NEO has paid dividends to shareholders.
Frequently Asked Questions
GLDA.DE and RGPM.NEO have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GLDA.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GLDA.DE is cheaper with a 0.12% expense ratio, compared with 1.02% for RGPM.NEO.
They also come from different issuers: Amundi and RBC Global Asset Management.. Their fees differ too: 0.12% for GLDA.DE and 1.02% for RGPM.NEO.
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