PortfoliosLab logo
HEGD vs. SGOL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between HEGD and SGOL is 0.12, 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

The chart below illustrates the hypothetical performance of a $10,000 investment in Swan Hedged Equity US Large Cap ETF (HEGD) and Aberdeen Standard Physical Gold Shares ETF (SGOL). The values are adjusted to include any dividend payments, if applicable.

30.00%40.00%50.00%60.00%70.00%80.00%December2025FebruaryMarchAprilMay
37.57%
75.12%
HEGD
SGOL

Key characteristics

Sharpe Ratio

HEGD:

1.02

SGOL:

2.49

Sortino Ratio

HEGD:

1.47

SGOL:

3.24

Omega Ratio

HEGD:

1.19

SGOL:

1.41

Calmar Ratio

HEGD:

1.14

SGOL:

5.16

Martin Ratio

HEGD:

3.74

SGOL:

13.86

Ulcer Index

HEGD:

2.49%

SGOL:

3.02%

Daily Std Dev

HEGD:

9.32%

SGOL:

17.40%

Max Drawdown

HEGD:

-14.56%

SGOL:

-45.51%

Current Drawdown

HEGD:

-3.51%

SGOL:

-3.43%

Returns By Period

In the year-to-date period, HEGD achieves a -0.54% return, which is significantly lower than SGOL's 25.91% return.


HEGD

YTD

-0.54%

1M

5.04%

6M

-1.44%

1Y

9.41%

5Y*

N/A

10Y*

N/A

SGOL

YTD

25.91%

1M

10.71%

6M

22.15%

1Y

43.04%

5Y*

13.99%

10Y*

10.56%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


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 Rank

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

HEGD
The Risk-Adjusted Performance Rank of HEGD is 8181
Overall Rank
The Sharpe Ratio Rank of HEGD is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of HEGD is 8181
Sortino Ratio Rank
The Omega Ratio Rank of HEGD is 7878
Omega Ratio Rank
The Calmar Ratio Rank of HEGD is 8585
Calmar Ratio Rank
The Martin Ratio Rank of HEGD is 8080
Martin Ratio Rank

SGOL
The Risk-Adjusted Performance Rank of SGOL is 9696
Overall Rank
The Sharpe Ratio Rank of SGOL is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of SGOL is 9696
Sortino Ratio Rank
The Omega Ratio Rank of SGOL is 9595
Omega Ratio Rank
The Calmar Ratio Rank of SGOL is 9797
Calmar Ratio Rank
The Martin Ratio Rank of SGOL is 9696
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current HEGD Sharpe Ratio is 1.02, which is lower than the SGOL Sharpe Ratio of 2.49. The chart below compares the historical Sharpe Ratios of HEGD and SGOL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00December2025FebruaryMarchAprilMay
1.02
2.49
HEGD
SGOL

Dividends

HEGD vs. SGOL - Dividend Comparison

HEGD's dividend yield for the trailing twelve months is around 0.43%, while SGOL has not paid dividends to shareholders.


TTM2024202320222021
HEGD
Swan Hedged Equity US Large Cap ETF
0.43%0.43%0.39%0.87%0.31%
SGOL
Aberdeen Standard Physical Gold Shares ETF
0.00%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.


-8.00%-6.00%-4.00%-2.00%0.00%December2025FebruaryMarchAprilMay
-3.51%
-3.43%
HEGD
SGOL

Volatility

HEGD vs. SGOL - Volatility Comparison

The current volatility for Swan Hedged Equity US Large Cap ETF (HEGD) is 3.86%, while Aberdeen Standard Physical Gold Shares ETF (SGOL) has a volatility of 9.10%. 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.


2.00%4.00%6.00%8.00%10.00%December2025FebruaryMarchAprilMay
3.86%
9.10%
HEGD
SGOL