GSPX.L vs. PPFB.DE
Compare and contrast key facts about iShares Core S&P 500 UCITS ETF (GSPX.L) and iShares Physical Gold ETC (PPFB.DE).
GSPX.L and PPFB.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GSPX.L is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on Jun 29, 2018. PPFB.DE is a passively managed fund by iShares that tracks the performance of the Gold. It was launched on Apr 8, 2011. Both GSPX.L and PPFB.DE 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: GSPX.L or PPFB.DE.
Key characteristics
| GSPX.L | PPFB.DE | |
|---|---|---|
| YTD Return | 25.74% | 33.98% |
| 1Y Return | 37.29% | 36.47% |
| 3Y Return (Ann) | 8.33% | 16.27% |
| Sharpe Ratio | 3.21 | 2.92 |
| Sortino Ratio | 4.44 | 3.86 |
| Omega Ratio | 1.61 | 1.52 |
| Calmar Ratio | 4.12 | 6.91 |
| Martin Ratio | 20.64 | 17.85 |
| Ulcer Index | 1.82% | 2.14% |
| Daily Std Dev | 11.64% | 13.04% |
| Max Drawdown | -34.88% | -13.01% |
| Current Drawdown | 0.00% | -2.39% |
Correlation
The correlation between GSPX.L and PPFB.DE is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GSPX.L vs. PPFB.DE - Performance Comparison
In the year-to-date period, GSPX.L achieves a 25.74% return, which is significantly lower than PPFB.DE's 33.98% 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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GSPX.L vs. PPFB.DE - Expense Ratio Comparison
GSPX.L has a 0.10% expense ratio, which is lower than PPFB.DE's 0.12% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
GSPX.L vs. PPFB.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core S&P 500 UCITS ETF (GSPX.L) and iShares Physical Gold ETC (PPFB.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.
Dividends
GSPX.L vs. PPFB.DE - Dividend Comparison
GSPX.L's dividend yield for the trailing twelve months is around 0.98%, while PPFB.DE has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
GSPX.L iShares Core S&P 500 UCITS ETF | 0.98% | 1.15% | 1.40% | 0.96% | 1.31% | 1.50% | 0.11% |
PPFB.DE iShares Physical Gold ETC | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GSPX.L vs. PPFB.DE - Drawdown Comparison
The maximum GSPX.L drawdown since its inception was -34.88%, which is greater than PPFB.DE's maximum drawdown of -13.01%. Use the drawdown chart below to compare losses from any high point for GSPX.L and PPFB.DE. For additional features, visit the drawdowns tool.
Volatility
GSPX.L vs. PPFB.DE - Volatility Comparison
iShares Core S&P 500 UCITS ETF (GSPX.L) and iShares Physical Gold ETC (PPFB.DE) have volatilities of 4.33% and 4.26%, 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.