IESU.L vs. SGLN.L
IESU.L (iShares S&P 500 Energy Sector UCITS ETF USD (Acc)) and SGLN.L (iShares Physical Gold ETC) are both exchange-traded funds - IESU.L is a Global Equities fund tracking the iShares S&P 500 Energy Sector UCITS ETF USD (Acc), while SGLN.L is a Gold fund tracking the LBMA Gold Price. Both are passively managed. Over the past 10 years, IESU.L returned 8.35%/yr vs 11.37%/yr for SGLN.L. At a 0.01 correlation, their price movements are largely independent. IESU.L charges 0.15%/yr vs 0.12%/yr for SGLN.L.
Performance
IESU.L vs. SGLN.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IESU.L achieves a 25.22% return, which is significantly higher than SGLN.L's -6.40% return. Over the past 10 years, IESU.L has underperformed SGLN.L with an annualized return of 8.35%, while SGLN.L has yielded a comparatively higher 11.37% annualized return.
IESU.L
- 1D
- 0.70%
- 1M
- 1.19%
- 6M
- 16.95%
- YTD
- 25.22%
- 1Y
- 30.64%
- 3Y*
- 13.17%
- 5Y*
- 22.17%
- 10Y*
- 8.35%
SGLN.L
- 1D
- -1.61%
- 1M
- -7.43%
- 6M
- -12.76%
- YTD
- -6.40%
- 1Y
- 20.55%
- 3Y*
- 26.03%
- 5Y*
- 17.81%
- 10Y*
- 11.37%
IESU.L vs. SGLN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IESU.L iShares S&P 500 Energy Sector UCITS ETF USD (Acc) | 25.22% | 2.26% | 5.45% | -5.96% | 83.53% | 53.82% | -35.62% | 5.37% | -13.39% | -10.01% |
SGLN.L iShares Physical Gold ETC | -6.40% | 53.66% | 28.20% | 7.24% | 11.84% | -2.82% | 19.93% | 14.63% | 4.36% | 1.68% |
Correlation
The correlation between IESU.L and SGLN.L is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Nov 20, 2015 | 0.01 |
The correlation between IESU.L and SGLN.L shifts across timeframes, from -0.12 (1 year) to 0.03 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IESU.L vs. SGLN.L — Risk / Return Rank
IESU.L
SGLN.L
IESU.L vs. SGLN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Energy Sector UCITS ETF USD (Acc) (IESU.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.
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.
| IESU.L | SGLN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.52 | ||
| Sortino ratioReturn per unit of downside risk | +0.59 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.17 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.91 | 0.84 | +1.07 |
| Martin ratioReturn relative to average drawdown | 4.65 | 2.08 | +2.57 |
Loading charts...
Drawdowns
IESU.L vs. SGLN.L - Drawdown Comparison
The maximum IESU.L drawdown since its inception was -63.88%, which is greater than SGLN.L's maximum drawdown of -53.23%. Use the drawdown chart below to compare losses from any high point for IESU.L and SGLN.L.
Loading charts...
Drawdown Indicators
| IESU.L | SGLN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.88% | -53.23% | -10.65% |
Max Drawdown (1Y)Largest decline over 1 year | -17.34% | -24.33% | +6.99% |
Max Drawdown (3Y)Largest decline over 3 years | -26.36% | -24.33% | -2.03% |
Max Drawdown (5Y)Largest decline over 5 years | -26.36% | -24.33% | -2.03% |
Max Drawdown (10Y)Largest decline over 10 years | -62.16% | -24.33% | -37.83% |
Current DrawdownCurrent decline from peak | -13.00% | -24.33% | +11.33% |
Average DrawdownAverage peak-to-trough decline | -20.51% | -24.68% | +4.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.14% | 9.87% | -2.73% |
Volatility
IESU.L vs. SGLN.L - Volatility Comparison
iShares S&P 500 Energy Sector UCITS ETF USD (Acc) (IESU.L) has a higher volatility of 7.43% compared to iShares Physical Gold ETC (SGLN.L) at 6.72%. This indicates that IESU.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.
Loading charts...
Volatility by Period
| IESU.L | SGLN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.43% | 6.72% | +0.71% |
Volatility (6M)Calculated over the trailing 6-month period | 21.63% | 21.25% | +0.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.53% | 24.49% | +0.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.07% | 22.01% | +7.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.15% | 18.34% | +10.81% |
IESU.L vs. SGLN.L - Expense Ratio Comparison
IESU.L has a 0.15% expense ratio, which is higher than SGLN.L's 0.12% 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
IESU.L vs. SGLN.L - Dividend Comparison
Neither IESU.L nor SGLN.L has paid dividends to shareholders.
Frequently Asked Questions
IESU.L and SGLN.L have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SGLN.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SGLN.L is cheaper with a 0.12% expense ratio, compared with 0.15% for IESU.L.
IESU.L is categorized as Global Equities, while SGLN.L is Gold. IESU.L tracks iShares S&P 500 Energy Sector UCITS ETF USD (Acc), while SGLN.L tracks LBMA Gold Price. Their fees differ too: 0.15% for IESU.L and 0.12% for SGLN.L.
Find the right allocation for IESU.L and SGLN.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer