GLDA.L vs. BNKE.L
GLDA.L (Amundi Physical Gold ETC (C)) and BNKE.L (Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc) are both exchange-traded funds - GLDA.L is a Precious Metals fund tracking the Gold, while BNKE.L is a Financials Equities fund tracking the MSCI World/Financials NR USD. Both are passively managed. Over the past 5 years, GLDA.L returned 19.92%/yr vs 29.06%/yr for BNKE.L. At a correlation of -0.05, they often move in opposite directions. GLDA.L charges 0.12%/yr vs 0.30%/yr for BNKE.L.
Performance
GLDA.L vs. BNKE.L - Performance Comparison
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Different Trading Currencies
GLDA.L is traded in GBp, while BNKE.L is traded in GBP. To make them comparable, the BNKE.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, GLDA.L achieves a 3.18% return, which is significantly lower than BNKE.L's 3.83% return.
GLDA.L
- 1D
- -1.21%
- 1M
- -2.91%
- YTD
- 3.18%
- 6M
- 4.27%
- 1Y
- 33.20%
- 3Y*
- 27.70%
- 5Y*
- 19.92%
- 10Y*
- —
BNKE.L
- 1D
- -1.34%
- 1M
- 4.25%
- YTD
- 3.83%
- 6M
- 11.34%
- 1Y
- 42.97%
- 3Y*
- 45.29%
- 5Y*
- 29.06%
- 10Y*
- —
GLDA.L vs. BNKE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
GLDA.L Amundi Physical Gold ETC (C) | 3.18% | 53.56% | 28.19% | 7.26% | 12.68% | -3.12% | -2.69% |
BNKE.L Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | 3.83% | 99.94% | 25.19% | 27.75% | 6.62% | 31.33% | 39.77% |
Correlation
The correlation between GLDA.L and BNKE.L is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.05 |
Correlation (All Time) Calculated using the full available price history since May 19, 2020 | -0.05 |
The correlation between GLDA.L and BNKE.L shifts across timeframes, from -0.05 (5 years) to 0.11 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
GLDA.L vs. BNKE.L — Risk / Return Rank
GLDA.L
BNKE.L
GLDA.L vs. BNKE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Physical Gold ETC (C) (GLDA.L) and Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc (BNKE.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.
| GLDA.L | BNKE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.43 | ||
| Sortino ratioReturn per unit of downside risk | -0.70 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.31 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.85 | 2.57 | -0.72 |
| Martin ratioReturn relative to average drawdown | 5.02 | 8.30 | -3.27 |
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.L | BNKE.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.41 | 1.84 | -0.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.40 | 1.14 | +0.25 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.06 | 0.74 | +0.31 |
Drawdowns
GLDA.L vs. BNKE.L - Drawdown Comparison
The maximum GLDA.L drawdown since its inception was -21.57%, smaller than the maximum BNKE.L drawdown of -48.52%. Use the drawdown chart below to compare losses from any high point for GLDA.L and BNKE.L.
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Drawdown Indicators
| GLDA.L | BNKE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.57% | -48.52% | +26.95% |
Max Drawdown (1Y)Largest decline over 1 year | -17.90% | -16.66% | -1.24% |
Max Drawdown (3Y)Largest decline over 3 years | -17.90% | -18.40% | +0.50% |
Max Drawdown (5Y)Largest decline over 5 years | -17.90% | -34.21% | +16.31% |
Current DrawdownCurrent decline from peak | -16.61% | -2.37% | -14.24% |
Average DrawdownAverage peak-to-trough decline | -5.40% | -10.41% | +5.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.59% | 5.16% | +1.43% |
Volatility
GLDA.L vs. BNKE.L - Volatility Comparison
The current volatility for Amundi Physical Gold ETC (C) (GLDA.L) is 5.18%, while Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc (BNKE.L) has a volatility of 6.35%. This indicates that GLDA.L experiences smaller price fluctuations and is considered to be less risky than BNKE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GLDA.L | BNKE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.18% | 6.35% | -1.17% |
Volatility (6M)Calculated over the trailing 6-month period | 20.40% | 18.61% | +1.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.46% | 23.27% | +0.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.66% | 25.45% | -7.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.02% | 29.63% | -11.61% |
GLDA.L vs. BNKE.L - Expense Ratio Comparison
GLDA.L has a 0.12% expense ratio, which is lower than BNKE.L's 0.30% expense ratio.
Dividends
GLDA.L vs. BNKE.L - Dividend Comparison
Neither GLDA.L nor BNKE.L has paid dividends to shareholders.
Frequently Asked Questions
GLDA.L and BNKE.L have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GLDA.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GLDA.L is cheaper with a 0.12% expense ratio, compared with 0.30% for BNKE.L.
GLDA.L is categorized as Precious Metals, while BNKE.L is Financials Equities. GLDA.L tracks Gold, while BNKE.L tracks MSCI World/Financials NR USD. Their fees differ too: 0.12% for GLDA.L and 0.30% for BNKE.L.
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