HVPE.L vs. SGLN.L
HVPE.L (HarbourVest Global Private Equity Ltd) is a stock, while SGLN.L (iShares Physical Gold ETC) is Gold fund tracking the LBMA Gold Price. Over the past 10 years, HVPE.L returned 13.99%/yr vs 13.68%/yr for SGLN.L. At a correlation of -0.01, they often move in opposite directions.
Performance
HVPE.L vs. SGLN.L - Performance Comparison
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Returns By Period
In the year-to-date period, HVPE.L achieves a 8.13% return, which is significantly higher than SGLN.L's 1.38% return. Both investments have delivered pretty close results over the past 10 years, with HVPE.L having a 13.99% annualized return and SGLN.L not far behind at 13.68%.
HVPE.L
- 1D
- 0.00%
- 1M
- 4.95%
- YTD
- 8.13%
- 6M
- 9.53%
- 1Y
- 39.51%
- 3Y*
- 15.33%
- 5Y*
- 10.26%
- 10Y*
- 13.99%
SGLN.L
- 1D
- -0.06%
- 1M
- -6.00%
- YTD
- 1.38%
- 6M
- 3.07%
- 1Y
- 31.70%
- 3Y*
- 27.57%
- 5Y*
- 19.24%
- 10Y*
- 13.68%
HVPE.L vs. SGLN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HVPE.L HarbourVest Global Private Equity Ltd | 8.13% | 18.08% | 12.50% | 4.66% | -21.43% | 47.48% | 8.23% | 33.38% | 8.36% | 7.71% |
SGLN.L iShares Physical Gold ETC | 1.38% | 53.66% | 28.20% | 7.24% | 11.84% | -2.82% | 19.93% | 14.63% | 4.36% | 1.68% |
Correlation
The correlation between HVPE.L and SGLN.L is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.03 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Apr 8, 2011 | -0.01 |
The correlation between HVPE.L and SGLN.L shifts across timeframes, from -0.03 (5 years) to 0.10 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
HVPE.L vs. SGLN.L — Risk / Return Rank
HVPE.L
SGLN.L
HVPE.L vs. SGLN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HarbourVest Global Private Equity Ltd (HVPE.L) and iShares Physical Gold ETC (SGLN.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.
| HVPE.L | SGLN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.90 | ||
| Sortino ratioReturn per unit of downside risk | +1.28 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.27 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 3.62 | 1.75 | +1.87 |
| Martin ratioReturn relative to average drawdown | 11.93 | 4.61 | +7.32 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HVPE.L | SGLN.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.26 | 1.35 | +0.90 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.42 | 0.89 | -0.46 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 0.73 | -0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.25 | +0.11 |
Drawdowns
HVPE.L vs. SGLN.L - Drawdown Comparison
The maximum HVPE.L drawdown since its inception was -50.70%, roughly equal to the maximum SGLN.L drawdown of -53.23%. Use the drawdown chart below to compare losses from any high point for HVPE.L and SGLN.L.
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Drawdown Indicators
| HVPE.L | SGLN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.70% | -53.23% | +2.53% |
Max Drawdown (1Y)Largest decline over 1 year | -10.87% | -18.04% | +7.17% |
Max Drawdown (3Y)Largest decline over 3 years | -18.64% | -20.33% | +1.69% |
Max Drawdown (5Y)Largest decline over 5 years | -34.35% | -20.33% | -14.02% |
Max Drawdown (10Y)Largest decline over 10 years | -50.70% | -22.30% | -28.40% |
Current DrawdownCurrent decline from peak | -1.74% | -18.04% | +16.30% |
Average DrawdownAverage peak-to-trough decline | -13.10% | -24.71% | +11.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.30% | 6.86% | -3.56% |
Volatility
HVPE.L vs. SGLN.L - Volatility Comparison
HarbourVest Global Private Equity Ltd (HVPE.L) has a higher volatility of 6.01% compared to iShares Physical Gold ETC (SGLN.L) at 4.84%. This indicates that HVPE.L's price experiences larger fluctuations and is considered to be riskier than SGLN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HVPE.L | SGLN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.01% | 4.84% | +1.17% |
Volatility (6M)Calculated over the trailing 6-month period | 13.29% | 20.20% | -6.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.45% | 23.35% | -5.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.19% | 21.74% | +2.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.91% | 18.80% | +6.11% |
Dividends
HVPE.L vs. SGLN.L - Dividend Comparison
Neither HVPE.L nor SGLN.L has paid dividends to shareholders.
Frequently Asked Questions
HVPE.L and SGLN.L have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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