HEGD vs. SGOL
Compare and contrast key facts about Swan Hedged Equity US Large Cap ETF (HEGD) and Aberdeen Standard Physical Gold Shares ETF (SGOL).
HEGD and SGOL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HEGD is an actively managed fund by Swan Global Investments. It was launched on Dec 22, 2020. SGOL is a passively managed fund by Abrdn Plc that tracks the performance of the LBMA Gold Price PM ($/ozt). It was launched on Sep 9, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HEGD or SGOL.
Key characteristics
| HEGD | SGOL | |
|---|---|---|
| YTD Return | 16.80% | 29.89% |
| 1Y Return | 25.76% | 36.89% |
| 3Y Return (Ann) | 6.23% | 13.44% |
| Sharpe Ratio | 2.96 | 2.59 |
| Sortino Ratio | 4.29 | 3.42 |
| Omega Ratio | 1.55 | 1.45 |
| Calmar Ratio | 3.86 | 5.60 |
| Martin Ratio | 20.72 | 17.16 |
| Ulcer Index | 1.21% | 2.19% |
| Daily Std Dev | 8.49% | 14.48% |
| Max Drawdown | -14.56% | -45.51% |
| Current Drawdown | 0.00% | -3.68% |
Correlation
The correlation between HEGD and SGOL is 0.13, 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
HEGD vs. SGOL - Performance Comparison
In the year-to-date period, HEGD achieves a 16.80% return, which is significantly lower than SGOL's 29.89% 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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HEGD vs. SGOL - Expense Ratio Comparison
HEGD has a 0.87% expense ratio, which is higher than SGOL's 0.17% expense ratio.
Risk-Adjusted Performance
HEGD vs. SGOL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Swan Hedged Equity US Large Cap ETF (HEGD) and Aberdeen Standard Physical Gold Shares ETF (SGOL). 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
HEGD vs. SGOL - Dividend Comparison
HEGD's dividend yield for the trailing twelve months is around 0.33%, while SGOL has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
HEGD Swan Hedged Equity US Large Cap ETF | 0.33% | 0.39% | 0.87% | 0.31% |
SGOL Aberdeen Standard Physical Gold Shares ETF | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HEGD vs. SGOL - Drawdown Comparison
The maximum HEGD drawdown since its inception was -14.56%, smaller than the maximum SGOL drawdown of -45.51%. Use the drawdown chart below to compare losses from any high point for HEGD and SGOL. For additional features, visit the drawdowns tool.
Volatility
HEGD vs. SGOL - Volatility Comparison
The current volatility for Swan Hedged Equity US Large Cap ETF (HEGD) is 2.80%, while Aberdeen Standard Physical Gold Shares ETF (SGOL) has a volatility of 4.83%. This indicates that HEGD experiences smaller price fluctuations and is considered to be less risky than SGOL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.