IEDL.L vs. SGLN.L
IEDL.L (iShares Edge MSCI Europe Value Factor UCITS ETF EUR (Dist)) and SGLN.L (iShares Physical Gold ETC) are both exchange-traded funds - IEDL.L is a Europe Equities fund tracking the MSCI Europe Value NR EUR, while SGLN.L is a Precious Metals fund tracking the LBMA Gold Price. Both are passively managed. Over the past 5 years, IEDL.L returned 14.48%/yr vs 19.81%/yr for SGLN.L. At a correlation of -0.04, they often move in opposite directions.
Performance
IEDL.L vs. SGLN.L - Performance Comparison
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Different Trading Currencies
IEDL.L is traded in EUR, while SGLN.L is traded in GBp. To make them comparable, the SGLN.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, IEDL.L achieves a 14.13% return, which is significantly higher than SGLN.L's 4.16% return.
IEDL.L
- 1D
- -0.48%
- 1M
- 4.00%
- YTD
- 14.13%
- 6M
- 18.09%
- 1Y
- 33.31%
- 3Y*
- 21.46%
- 5Y*
- 14.48%
- 10Y*
- —
SGLN.L
- 1D
- -1.19%
- 1M
- -2.98%
- YTD
- 4.16%
- 6M
- 5.48%
- 1Y
- 29.71%
- 3Y*
- 27.69%
- 5Y*
- 19.81%
- 10Y*
- 13.17%
IEDL.L vs. SGLN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
IEDL.L iShares Edge MSCI Europe Value Factor UCITS ETF EUR (Dist) | 14.13% | 35.00% | 10.46% | 13.50% | -3.75% | 26.71% | -8.76% | 21.78% | -12.14% |
SGLN.L iShares Physical Gold ETC | 4.16% | 45.64% | 34.39% | 9.51% | 6.07% | 3.76% | 13.12% | 21.93% | 3.28% |
Correlation
The correlation between IEDL.L and SGLN.L is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Feb 28, 2018 | -0.04 |
The correlation between IEDL.L and SGLN.L shifts across timeframes, from -0.04 (all time) to 0.18 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IEDL.L vs. SGLN.L — Risk / Return Rank
IEDL.L
SGLN.L
IEDL.L vs. SGLN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI Europe Value Factor UCITS ETF EUR (Dist) (IEDL.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.
| IEDL.L | SGLN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.16 | ||
| Sortino ratioReturn per unit of downside risk | +1.60 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.25 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 3.42 | 1.75 | +1.67 |
| Martin ratioReturn relative to average drawdown | 12.72 | 4.51 | +8.21 |
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
| IEDL.L | SGLN.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.44 | 1.28 | +1.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.94 | 1.21 | -0.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.88 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.59 | 0.57 | +0.02 |
Drawdowns
IEDL.L vs. SGLN.L - Drawdown Comparison
The maximum IEDL.L drawdown since its inception was -39.74%, which is greater than SGLN.L's maximum drawdown of -37.02%. Use the drawdown chart below to compare losses from any high point for IEDL.L and SGLN.L.
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Drawdown Indicators
| IEDL.L | SGLN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.74% | -37.02% | -2.72% |
Max Drawdown (1Y)Largest decline over 1 year | -9.70% | -16.91% | +7.21% |
Max Drawdown (3Y)Largest decline over 3 years | -17.52% | -16.91% | -0.61% |
Max Drawdown (5Y)Largest decline over 5 years | -19.57% | -16.91% | -2.66% |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.37% | — |
Current DrawdownCurrent decline from peak | -0.66% | -15.88% | +15.22% |
Average DrawdownAverage peak-to-trough decline | -6.19% | -13.26% | +7.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.61% | 6.57% | -3.96% |
Volatility
IEDL.L vs. SGLN.L - Volatility Comparison
iShares Edge MSCI Europe Value Factor UCITS ETF EUR (Dist) (IEDL.L) and iShares Physical Gold ETC (SGLN.L) have volatilities of 4.83% and 5.01%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IEDL.L | SGLN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.83% | 5.01% | -0.18% |
Volatility (6M)Calculated over the trailing 6-month period | 10.95% | 20.20% | -9.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.60% | 23.20% | -9.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.42% | 16.40% | -0.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.97% | 14.94% | +3.03% |
Dividends
IEDL.L vs. SGLN.L - Dividend Comparison
IEDL.L's dividend yield for the trailing twelve months is around 3.01%, while SGLN.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
IEDL.L iShares Edge MSCI Europe Value Factor UCITS ETF EUR (Dist) | 3.01% | 3.44% | 4.22% | 4.76% | 4.23% | 3.56% | 2.32% | 3.86% | 3.19% |
SGLN.L iShares Physical Gold ETC | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IEDL.L and SGLN.L have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IEDL.L is categorized as Europe Equities, while SGLN.L is Precious Metals. IEDL.L tracks MSCI Europe Value NR EUR, while SGLN.L tracks LBMA Gold Price.
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