IDFX.L vs. IGLN.L
IDFX.L (iShares China Large Cap UCITS) and IGLN.L (iShares Physical Gold ETC) are both exchange-traded funds - IDFX.L is a China Equities fund tracking the MSCI China NR USD, while IGLN.L is a Gold fund tracking the LBMA Gold Price. Both are passively managed. Over the past 10 years, IDFX.L returned 2.94%/yr vs 13.42%/yr for IGLN.L. At a 0.10 correlation, their price movements are largely independent. IDFX.L charges 0.74%/yr vs 0.25%/yr for IGLN.L.
Performance
IDFX.L vs. IGLN.L - Performance Comparison
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Returns By Period
In the year-to-date period, IDFX.L achieves a -7.34% return, which is significantly lower than IGLN.L's 3.70% return. Over the past 10 years, IDFX.L has underperformed IGLN.L with an annualized return of 2.94%, while IGLN.L has yielded a comparatively higher 13.42% annualized return.
IDFX.L
- 1D
- -0.21%
- 1M
- -2.66%
- YTD
- -7.34%
- 6M
- -8.50%
- 1Y
- 0.27%
- 3Y*
- 12.09%
- 5Y*
- -3.09%
- 10Y*
- 2.94%
IGLN.L
- 1D
- 0.68%
- 1M
- -2.35%
- YTD
- 3.70%
- 6M
- 6.03%
- 1Y
- 32.37%
- 3Y*
- 31.55%
- 5Y*
- 18.61%
- 10Y*
- 13.42%
IDFX.L vs. IGLN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IDFX.L iShares China Large Cap UCITS | -7.34% | 28.34% | 31.04% | -13.61% | -20.49% | -20.45% | 10.44% | 13.04% | -12.07% | 35.25% |
IGLN.L iShares Physical Gold ETC | 3.70% | 64.92% | 26.14% | 13.44% | -0.09% | -4.03% | 24.16% | 18.28% | -1.31% | 11.67% |
Correlation
The correlation between IDFX.L and IGLN.L is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Apr 13, 2011 | 0.10 |
Over the past year, IDFX.L and IGLN.L have become more correlated (0.37) than their long-term average of 0.10, meaning their price movements have been converging.
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Return for Risk
IDFX.L vs. IGLN.L — Risk / Return Rank
IDFX.L
IGLN.L
IDFX.L vs. IGLN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares China Large Cap UCITS (IDFX.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.
| IDFX.L | IGLN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.29 | ||
| Sortino ratioReturn per unit of downside risk | -1.58 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.25 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 0.02 | 1.86 | -1.84 |
| Martin ratioReturn relative to average drawdown | 0.04 | 4.79 | -4.76 |
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
| IDFX.L | IGLN.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.01 | 1.30 | -1.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.10 | 1.07 | -1.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.11 | 0.86 | -0.75 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.13 | 0.46 | -0.33 |
Drawdowns
IDFX.L vs. IGLN.L - Drawdown Comparison
The maximum IDFX.L drawdown since its inception was -70.30%, which is greater than IGLN.L's maximum drawdown of -45.24%. Use the drawdown chart below to compare losses from any high point for IDFX.L and IGLN.L.
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Drawdown Indicators
| IDFX.L | IGLN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.30% | -45.24% | -25.06% |
Max Drawdown (1Y)Largest decline over 1 year | -15.54% | -17.36% | +1.82% |
Max Drawdown (3Y)Largest decline over 3 years | -28.74% | -17.36% | -11.38% |
Max Drawdown (5Y)Largest decline over 5 years | -54.41% | -21.15% | -33.26% |
Max Drawdown (10Y)Largest decline over 10 years | -60.44% | -21.15% | -39.29% |
Current DrawdownCurrent decline from peak | -26.55% | -15.66% | -10.89% |
Average DrawdownAverage peak-to-trough decline | -33.92% | -19.80% | -14.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.25% | 6.74% | +0.51% |
Volatility
IDFX.L vs. IGLN.L - Volatility Comparison
iShares China Large Cap UCITS (IDFX.L) has a higher volatility of 7.60% compared to iShares Physical Gold ETC (IGLN.L) at 6.36%. This indicates that IDFX.L's price experiences larger fluctuations and is considered to be riskier 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
| IDFX.L | IGLN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.60% | 6.36% | +1.24% |
Volatility (6M)Calculated over the trailing 6-month period | 13.86% | 21.73% | -7.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.26% | 24.78% | -5.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.88% | 17.36% | +12.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.08% | 15.54% | +10.54% |
IDFX.L vs. IGLN.L - Expense Ratio Comparison
IDFX.L has a 0.74% expense ratio, which is higher than IGLN.L's 0.25% expense ratio.
Dividends
IDFX.L vs. IGLN.L - Dividend Comparison
IDFX.L's dividend yield for the trailing twelve months is around 1.92%, while IGLN.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDFX.L iShares China Large Cap UCITS | 1.92% | 1.76% | 2.38% | 2.43% | 2.36% | 1.86% | 2.39% | 2.44% | 3.04% | 2.35% | 2.47% | 2.70% |
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
IDFX.L and IGLN.L have a correlation of 0.37, 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 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IGLN.L is cheaper with a 0.25% expense ratio, compared with 0.74% for IDFX.L.
IDFX.L is categorized as China Equities, while IGLN.L is Gold. IDFX.L tracks MSCI China NR USD, while IGLN.L tracks LBMA Gold Price. Their fees differ too: 0.74% for IDFX.L and 0.25% for IGLN.L.
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