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HDIQ.L vs. IGLN.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

HDIQ.L vs. IGLN.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares MSCI USA Quality Dividend Advanced UCITS ETF USD (Dist) (HDIQ.L) and iShares Physical Gold ETC (IGLN.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

HDIQ.L is traded in GBp, while IGLN.L is traded in USD. To make them comparable, the IGLN.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, HDIQ.L achieves a 13.03% return, which is significantly higher than IGLN.L's -6.52% return. Over the past 10 years, HDIQ.L has underperformed IGLN.L with an annualized return of 10.45%, while IGLN.L has yielded a comparatively higher 11.29% annualized return.


HDIQ.L

1D
-0.54%
1M
-1.79%
6M
11.38%
YTD
13.03%
1Y
22.75%
3Y*
16.55%
5Y*
12.28%
10Y*
10.45%

IGLN.L

1D
-1.85%
1M
-7.84%
6M
-12.98%
YTD
-6.52%
1Y
20.18%
3Y*
25.84%
5Y*
17.70%
10Y*
11.29%
*Multi-year figures are annualized to reflect compound growth (CAGR)

HDIQ.L vs. IGLN.L - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
HDIQ.L
iShares MSCI USA Quality Dividend Advanced UCITS ETF USD (Dist)
13.03%8.74%17.34%8.04%4.90%23.47%-3.34%17.58%-0.65%6.76%
IGLN.L
iShares Physical Gold ETC
-6.52%53.18%28.34%7.77%11.79%-3.12%20.51%13.80%4.52%2.03%

Correlation

The correlation between HDIQ.L and IGLN.L is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.19

Correlation (3Y)
Calculated over the trailing 3-year period

0.09

Correlation (5Y)
Calculated over the trailing 5-year period

0.04

Correlation (10Y)
Calculated over the trailing 10-year period

0.07

Correlation (All Time)
Calculated using the full available price history since Jun 6, 2014

0.07

The correlation between HDIQ.L and IGLN.L shifts across timeframes, from 0.04 (5 years) to 0.19 (1 year), reflecting how their relationship changes across market environments.

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Return for Risk

HDIQ.L vs. IGLN.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HDIQ.L
HDIQ.L Risk / Return Rank: 9090
Overall Rank
HDIQ.L Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
HDIQ.L Sortino Ratio Rank: 9090
Sortino Ratio Rank
HDIQ.L Omega Ratio Rank: 8989
Omega Ratio Rank
HDIQ.L Calmar Ratio Rank: 9292
Calmar Ratio Rank
HDIQ.L Martin Ratio Rank: 9090
Martin Ratio Rank

IGLN.L
IGLN.L Risk / Return Rank: 2525
Overall Rank
IGLN.L Sharpe Ratio Rank: 2727
Sharpe Ratio Rank
IGLN.L Sortino Ratio Rank: 2525
Sortino Ratio Rank
IGLN.L Omega Ratio Rank: 2727
Omega Ratio Rank
IGLN.L Calmar Ratio Rank: 2323
Calmar Ratio Rank
IGLN.L Martin Ratio Rank: 2222
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HDIQ.L vs. IGLN.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA Quality Dividend Advanced UCITS ETF USD (Dist) (HDIQ.L) and iShares Physical Gold ETC (IGLN.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.

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.


HDIQ.LIGLN.LDifference
Sharpe ratioReturn per unit of total volatility

+1.61

Sortino ratioReturn per unit of downside risk

+2.28

Omega ratioGain probability vs. loss probability

1.45

1.16

+0.28

Calmar ratioReturn relative to maximum drawdown

4.79

0.83

+3.96

Martin ratioReturn relative to average drawdown

16.29

2.06

+14.23

HDIQ.L vs. IGLN.L - Sharpe Ratio Comparison

The current HDIQ.L Sharpe Ratio is 2.39, which is higher than the IGLN.L Sharpe Ratio of 0.78. The chart below compares the historical Sharpe Ratios of HDIQ.L and IGLN.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

HDIQ.L vs. IGLN.L - Drawdown Comparison

The maximum HDIQ.L drawdown since its inception was -41.26%, roughly equal to the maximum IGLN.L drawdown of -41.67%. Use the drawdown chart below to compare losses from any high point for HDIQ.L and IGLN.L.


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Drawdown Indicators


HDIQ.LIGLN.LDifference

Max Drawdown

Largest peak-to-trough decline

-41.26%

-41.67%

+0.41%

Max Drawdown (1Y)

Largest decline over 1 year

-5.06%

-24.35%

+19.29%

Max Drawdown (3Y)

Largest decline over 3 years

-18.80%

-24.35%

+5.55%

Max Drawdown (5Y)

Largest decline over 5 years

-18.80%

-24.35%

+5.55%

Max Drawdown (10Y)

Largest decline over 10 years

-24.46%

-24.35%

-0.11%

Current Drawdown

Current decline from peak

-2.55%

-24.35%

+21.80%

Average Drawdown

Average peak-to-trough decline

-8.60%

-14.79%

+6.19%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.49%

9.75%

-8.26%

Volatility

HDIQ.L vs. IGLN.L - Volatility Comparison

The current volatility for iShares MSCI USA Quality Dividend Advanced UCITS ETF USD (Dist) (HDIQ.L) is 2.84%, while iShares Physical Gold ETC (IGLN.L) has a volatility of 7.51%. This indicates that HDIQ.L experiences smaller price fluctuations and is considered to be less risky than IGLN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


HDIQ.LIGLN.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.84%

7.51%

-4.67%

Volatility (6M)

Calculated over the trailing 6-month period

7.59%

22.51%

-14.92%

Volatility (1Y)

Calculated over the trailing 1-year period

10.23%

25.62%

-15.39%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.05%

17.25%

-4.20%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.25%

15.78%

-1.53%

HDIQ.L vs. IGLN.L - Expense Ratio Comparison

HDIQ.L has a 0.35% expense ratio, which is higher than IGLN.L's 0.12% expense ratio.


Dividends

HDIQ.L vs. IGLN.L - Dividend Comparison

HDIQ.L's dividend yield for the trailing twelve months is around 1.53%, while IGLN.L has not paid dividends to shareholders.


PositionTTM20252024202320222021202020192018201720162015
HDIQ.L
iShares MSCI USA Quality Dividend Advanced UCITS ETF USD (Dist)
1.53%1.69%1.90%2.05%2.28%2.04%2.71%2.43%0.00%1.13%2.13%2.40%
IGLN.L
iShares Physical Gold ETC
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions


HDIQ.L and IGLN.L have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, IGLN.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

IGLN.L is cheaper with a 0.12% expense ratio, compared with 0.35% for HDIQ.L.

HDIQ.L is categorized as Dividend, while IGLN.L is Gold. HDIQ.L tracks iShares MSCI USA Quality Dividend Advanced UCITS ETF USD (Dist), while IGLN.L tracks LBMA Gold Price. Their fees differ too: 0.35% for HDIQ.L and 0.12% for IGLN.L.

Portfolio Optimizer

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