GLDW.L vs. SGLP.L
Compare and contrast key facts about WisdomTree Core Physical Gold (GLDW.L) and Invesco Physical Gold A (SGLP.L).
GLDW.L and SGLP.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GLDW.L is a passively managed fund by WisdomTree that tracks the performance of the Gold. It was launched on Nov 30, 2020. SGLP.L is a passively managed fund by Invesco that tracks the performance of the Gold. It was launched on Jun 24, 2009. Both GLDW.L and SGLP.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: GLDW.L or SGLP.L.
Correlation
The correlation between GLDW.L and SGLP.L is 0.99, 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
GLDW.L vs. SGLP.L - Performance Comparison
Key characteristics
GLDW.L:
2.62
SGLP.L:
2.61
GLDW.L:
3.55
SGLP.L:
3.55
GLDW.L:
1.48
SGLP.L:
1.47
GLDW.L:
5.84
SGLP.L:
5.85
GLDW.L:
13.47
SGLP.L:
13.47
GLDW.L:
2.66%
SGLP.L:
2.66%
GLDW.L:
13.66%
SGLP.L:
13.70%
GLDW.L:
-9.93%
SGLP.L:
-38.83%
GLDW.L:
-0.46%
SGLP.L:
-0.48%
Returns By Period
The year-to-date returns for both investments are quite close, with GLDW.L having a 5.38% return and SGLP.L slightly higher at 5.41%.
GLDW.L
5.38%
4.08%
16.86%
36.05%
N/A
N/A
SGLP.L
5.41%
4.09%
16.84%
36.08%
12.85%
9.77%
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GLDW.L vs. SGLP.L - Expense Ratio Comparison
Both GLDW.L and SGLP.L have an expense ratio of 0.12%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
GLDW.L vs. SGLP.L — Risk-Adjusted Performance Rank
GLDW.L
SGLP.L
GLDW.L vs. SGLP.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Core Physical Gold (GLDW.L) and Invesco Physical Gold A (SGLP.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
GLDW.L vs. SGLP.L - Dividend Comparison
Neither GLDW.L nor SGLP.L has paid dividends to shareholders.
Drawdowns
GLDW.L vs. SGLP.L - Drawdown Comparison
The maximum GLDW.L drawdown since its inception was -9.93%, smaller than the maximum SGLP.L drawdown of -38.83%. Use the drawdown chart below to compare losses from any high point for GLDW.L and SGLP.L. For additional features, visit the drawdowns tool.
Volatility
GLDW.L vs. SGLP.L - Volatility Comparison
WisdomTree Core Physical Gold (GLDW.L) and Invesco Physical Gold A (SGLP.L) have volatilities of 4.02% and 3.93%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.