GLDA.DE vs. WEBG.DE

Last updated Aug 6, 2026

GLDA.DE (Amundi Physical Gold ETC (C)) and WEBG.DE (Amundi Prime All Country World UCITS ETF Dist) are both exchange-traded funds - GLDA.DE is a Gold fund tracking the Gold, while WEBG.DE is a Global Equities fund tracking the Solactive GBS Global Markets Large & Mid Cap Index. Both are passively managed. Over the past year, GLDA.DE returned 21.05% vs 25.88% for WEBG.DE. Their 0.20 correlation means their historical movements had little consistent relationship. GLDA.DE charges 0.12%/yr vs 0.07%/yr for WEBG.DE.

Performance

GLDA.DE vs. WEBG.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi Physical Gold ETC (C) (GLDA.DE) and Amundi Prime All Country World UCITS ETF Dist (WEBG.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GLDA.DE achieves a -5.47% return, which is significantly lower than WEBG.DE's 15.32% return.

GLDA.DE

• 1D: 0.00%
• 1M: -2.58%
• 6M: -15.18%
• YTD: -5.47%
• 1Y: 21.05%
• 3Y*: 26.12%
• 5Y*: 18.65%
• 10Y*: —
• ALL TIME*: 15.52%

WEBG.DE

• 1D: 0.00%
• 1M: 0.51%
• 6M: 13.54%
• YTD: 15.32%
• 1Y: 25.88%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 13.09%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GLDA.DE Amundi Physical Gold ETC (C)	€2.06M	€2.09M	€2.29M
WEBG.DE Amundi Prime All Country World UCITS ETF Dist	€1.23M	€1.25M	€1.20M

GLDA.DE vs. WEBG.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
GLDA.DE Amundi Physical Gold ETC (C)	-5.47%	48.99%	26.06%
WEBG.DE Amundi Prime All Country World UCITS ETF Dist	15.32%	9.19%	6.71%

Correlation

The correlation between GLDA.DE and WEBG.DE is 0.35, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.35
Correlation (All Time) Calculated using the full available price history since Mar 11, 2024	0.20

The correlation between GLDA.DE and WEBG.DE shifts across timeframes, from 0.20 (all time) to 0.35 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

GLDA.DE vs. WEBG.DE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

GLDA.DE

GLDA.DE Risk / Return Rank: 28
GLDA.DE Sharpe Ratio Rank: 31
GLDA.DE Sortino Ratio Rank: 29
GLDA.DE Omega Ratio Rank: 32
GLDA.DE Calmar Ratio Rank: 26
GLDA.DE Martin Ratio Rank: 23

WEBG.DE

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GLDA.DE vs. WEBG.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi Physical Gold ETC (C) (GLDA.DE) and Amundi Prime All Country World UCITS ETF Dist (WEBG.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.

	GLDA.DE	WEBG.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.85	1.07	-0.21
Sortino ratio: Return per unit of downside risk	1.24	1.72	-0.48
Omega ratio: Gain probability vs. loss probability	1.17	1.36	-0.19
Calmar ratio: Return relative to maximum drawdown	0.94	1.64	-0.71
Martin ratio: Return relative to average drawdown	1.96	2.91	-0.95

GLDA.DE vs. WEBG.DE - Sharpe Ratio Comparison

The current GLDA.DE Sharpe Ratio is 0.85, which is comparable to the WEBG.DE Sharpe Ratio of 1.07. The chart below compares the historical Sharpe Ratios of GLDA.DE and WEBG.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GLDA.DE vs. WEBG.DE - Drawdown Comparison

The maximum GLDA.DE drawdown since its inception was -22.55%, which is greater than WEBG.DE's maximum drawdown of -21.31%. Use the drawdown chart below to compare losses from any high point for GLDA.DE and WEBG.DE.

Drawdown Indicators

	GLDA.DE	WEBG.DE	Difference
Max Drawdown Largest peak-to-trough decline	-22.55%	-21.31%	-1.24%
Max Drawdown (1Y) Largest decline over 1 year	-22.55%	-15.74%	-6.81%
Max Drawdown (3Y) Largest decline over 3 years	-22.55%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-22.55%	—	—
Current Drawdown Current decline from peak	-21.79%	0.00%	-21.79%
Average Drawdown Average peak-to-trough decline	-6.14%	-5.76%	-0.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.74%	8.89%	+1.85%

Volatility

GLDA.DE vs. WEBG.DE - Volatility Comparison

Amundi Physical Gold ETC (C) (GLDA.DE) has a higher volatility of 5.98% compared to Amundi Prime All Country World UCITS ETF Dist (WEBG.DE) at 3.35%. This indicates that GLDA.DE's price experiences larger fluctuations and is considered to be riskier than WEBG.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GLDA.DE	WEBG.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.98%	3.35%	+2.63%
Volatility (6M) Calculated over the trailing 6-month period	18.06%	9.02%	+9.04%
Volatility (1Y) Calculated over the trailing 1-year period	24.75%	24.23%	+0.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.54%	20.37%	-3.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.13%	20.37%	-4.24%

GLDA.DE vs. WEBG.DE - Expense Ratio Comparison

GLDA.DE has a 0.12% expense ratio, which is higher than WEBG.DE's 0.07% 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

GLDA.DE vs. WEBG.DE - Dividend Comparison

Neither GLDA.DE nor WEBG.DE has paid dividends to shareholders.

Position	TTM	2025
GLDA.DE Amundi Physical Gold ETC (C)	0.00%	0.00%
WEBG.DE Amundi Prime All Country World UCITS ETF Dist	1.20%	1.32%

Frequently Asked Questions

Can I hold both GLDA.DE and WEBG.DE in my portfolio?

GLDA.DE and WEBG.DE have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GLDA.DE or WEBG.DE?

On fees, WEBG.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GLDA.DE or WEBG.DE?

WEBG.DE is cheaper with a 0.07% expense ratio, compared with 0.12% for GLDA.DE.

What is the main difference between GLDA.DE and WEBG.DE?

GLDA.DE is categorized as Gold, while WEBG.DE is Global Equities. GLDA.DE tracks Gold, while WEBG.DE tracks Solactive GBS Global Markets Large & Mid Cap Index. Their fees differ too: 0.12% for GLDA.DE and 0.07% for WEBG.DE.