IAU vs. SGAS.DE
IAU (iShares Gold Trust) and SGAS.DE (iShares MSCI USA ESG Screened UCITS ETF USD (Acc)) are both exchange-traded funds - IAU is a Gold fund tracking the LBMA Gold Price, while SGAS.DE is a Large Cap Blend Equities fund tracking the MSCI USA ESG Screened. Both are passively managed. Over the past 5 years, IAU returned 18.47%/yr vs 13.97%/yr for SGAS.DE. At a 0.11 correlation, their price movements are largely independent. IAU charges 0.25%/yr vs 0.07%/yr for SGAS.DE.
Performance
IAU vs. SGAS.DE - Performance Comparison
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Different Trading Currencies
IAU is traded in USD, while SGAS.DE is traded in EUR. To make them comparable, the SGAS.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, IAU achieves a 0.11% return, which is significantly lower than SGAS.DE's 9.58% return.
IAU
- 1D
- 2.61%
- 1M
- -4.97%
- YTD
- 0.11%
- 6M
- 0.22%
- 1Y
- 25.52%
- 3Y*
- 29.91%
- 5Y*
- 18.47%
- 10Y*
- 12.49%
SGAS.DE
- 1D
- 1.87%
- 1M
- 1.90%
- YTD
- 9.58%
- 6M
- 10.88%
- 1Y
- 27.64%
- 3Y*
- 21.79%
- 5Y*
- 13.97%
- 10Y*
- —
IAU vs. SGAS.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
IAU iShares Gold Trust | 0.11% | 63.95% | 26.85% | 12.84% | -0.63% | -4.00% | 25.03% | 17.98% | 4.60% |
SGAS.DE iShares MSCI USA ESG Screened UCITS ETF USD (Acc) | 9.58% | 18.72% | 26.22% | 30.34% | -21.60% | 28.62% | 21.44% | 32.49% | -21.14% |
Correlation
The correlation between IAU and SGAS.DE is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2018 | 0.11 |
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Return for Risk
IAU vs. SGAS.DE — Risk / Return Rank
IAU
SGAS.DE
IAU vs. SGAS.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Gold Trust (IAU) and iShares MSCI USA ESG Screened UCITS ETF USD (Acc) (SGAS.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.
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.
| IAU | SGAS.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.20 | ||
| Sortino ratioReturn per unit of downside risk | -1.75 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.37 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.05 | 2.81 | -1.76 |
| Martin ratioReturn relative to average drawdown | 3.00 | 11.34 | -8.34 |
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Drawdowns
IAU vs. SGAS.DE - Drawdown Comparison
The maximum IAU drawdown since its inception was -45.14%, which is greater than SGAS.DE's maximum drawdown of -33.98%. Use the drawdown chart below to compare losses from any high point for IAU and SGAS.DE.
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Drawdown Indicators
| IAU | SGAS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.14% | -33.98% | -11.16% |
Max Drawdown (1Y)Largest decline over 1 year | -24.40% | -9.78% | -14.62% |
Max Drawdown (3Y)Largest decline over 3 years | -24.40% | -20.92% | -3.48% |
Max Drawdown (5Y)Largest decline over 5 years | -24.40% | -26.22% | +1.82% |
Max Drawdown (10Y)Largest decline over 10 years | -24.40% | — | — |
Current DrawdownCurrent decline from peak | -20.00% | -0.91% | -19.09% |
Average DrawdownAverage peak-to-trough decline | -15.97% | -6.44% | -9.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.56% | 2.43% | +6.13% |
Volatility
IAU vs. SGAS.DE - Volatility Comparison
iShares Gold Trust (IAU) has a higher volatility of 8.29% compared to iShares MSCI USA ESG Screened UCITS ETF USD (Acc) (SGAS.DE) at 4.06%. This indicates that IAU's price experiences larger fluctuations and is considered to be riskier than SGAS.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IAU | SGAS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.29% | 4.06% | +4.23% |
Volatility (6M)Calculated over the trailing 6-month period | 24.06% | 9.48% | +14.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.29% | 12.89% | +14.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.20% | 16.84% | +1.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.04% | 18.87% | -2.83% |
IAU vs. SGAS.DE - Expense Ratio Comparison
IAU has a 0.25% expense ratio, which is higher than SGAS.DE's 0.07% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
IAU vs. SGAS.DE - Dividend Comparison
Neither IAU nor SGAS.DE has paid dividends to shareholders.
Frequently Asked Questions
IAU and SGAS.DE have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SGAS.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SGAS.DE is cheaper with a 0.07% expense ratio, compared with 0.25% for IAU.
IAU is categorized as Gold, while SGAS.DE is Large Cap Blend Equities. IAU tracks LBMA Gold Price, while SGAS.DE tracks MSCI USA ESG Screened. Their fees differ too: 0.25% for IAU and 0.07% for SGAS.DE.
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