IFSW.L vs. IGLN.L
IFSW.L (iShares Edge MSCI World Multifactor UCITS) and IGLN.L (iShares Physical Gold ETC) are both exchange-traded funds - IFSW.L is a Global Equities fund tracking the MSCI ACWI NR USD, while IGLN.L is a Gold fund tracking the LBMA Gold Price. Both are passively managed. Over the past 10 years, IFSW.L returned 11.66%/yr vs 13.42%/yr for IGLN.L. At a 0.09 correlation, their price movements are largely independent. IFSW.L charges 0.55%/yr vs 0.25%/yr for IGLN.L.
Performance
IFSW.L vs. IGLN.L - Performance Comparison
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Returns By Period
In the year-to-date period, IFSW.L achieves a 11.85% return, which is significantly higher than IGLN.L's 3.70% return. Over the past 10 years, IFSW.L has underperformed IGLN.L with an annualized return of 11.66%, while IGLN.L has yielded a comparatively higher 13.42% annualized return.
IFSW.L
- 1D
- -0.50%
- 1M
- 4.97%
- YTD
- 11.85%
- 6M
- 13.13%
- 1Y
- 29.64%
- 3Y*
- 21.77%
- 5Y*
- 10.89%
- 10Y*
- 11.66%
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%
IFSW.L vs. IGLN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IFSW.L iShares Edge MSCI World Multifactor UCITS | 11.85% | 25.73% | 17.05% | 15.35% | -15.39% | 20.36% | 10.69% | 21.44% | -12.34% | 26.45% |
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 IFSW.L and IGLN.L is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 2015 | 0.09 |
Over the past year, IFSW.L and IGLN.L have become more correlated (0.32) than their long-term average of 0.09, meaning their price movements have been converging.
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Return for Risk
IFSW.L vs. IGLN.L — Risk / Return Rank
IFSW.L
IGLN.L
IFSW.L vs. IGLN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI World Multifactor UCITS (IFSW.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.
| IFSW.L | IGLN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.10 | ||
| Sortino ratioReturn per unit of downside risk | +1.89 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.25 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 3.69 | 1.86 | +1.84 |
| Martin ratioReturn relative to average drawdown | 15.61 | 4.79 | +10.82 |
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
| IFSW.L | IGLN.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.40 | 1.30 | +1.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 1.07 | -0.38 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.72 | 0.86 | -0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 0.46 | +0.24 |
Drawdowns
IFSW.L vs. IGLN.L - Drawdown Comparison
The maximum IFSW.L drawdown since its inception was -34.49%, smaller than the maximum IGLN.L drawdown of -45.24%. Use the drawdown chart below to compare losses from any high point for IFSW.L and IGLN.L.
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Drawdown Indicators
| IFSW.L | IGLN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.49% | -45.24% | +10.75% |
Max Drawdown (1Y)Largest decline over 1 year | -7.99% | -17.36% | +9.37% |
Max Drawdown (3Y)Largest decline over 3 years | -15.98% | -17.36% | +1.38% |
Max Drawdown (5Y)Largest decline over 5 years | -24.41% | -21.15% | -3.26% |
Max Drawdown (10Y)Largest decline over 10 years | -34.49% | -21.15% | -13.34% |
Current DrawdownCurrent decline from peak | -1.00% | -15.66% | +14.66% |
Average DrawdownAverage peak-to-trough decline | -5.12% | -19.80% | +14.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.89% | 6.74% | -4.85% |
Volatility
IFSW.L vs. IGLN.L - Volatility Comparison
The current volatility for iShares Edge MSCI World Multifactor UCITS (IFSW.L) is 3.52%, while iShares Physical Gold ETC (IGLN.L) has a volatility of 6.36%. This indicates that IFSW.L experiences smaller price fluctuations and is considered to be less risky 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
| IFSW.L | IGLN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.52% | 6.36% | -2.84% |
Volatility (6M)Calculated over the trailing 6-month period | 9.54% | 21.73% | -12.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.29% | 24.78% | -12.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.76% | 17.36% | -1.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.19% | 15.54% | +0.65% |
IFSW.L vs. IGLN.L - Expense Ratio Comparison
IFSW.L has a 0.55% expense ratio, which is higher than IGLN.L's 0.25% expense ratio.
Dividends
IFSW.L vs. IGLN.L - Dividend Comparison
Neither IFSW.L nor IGLN.L has paid dividends to shareholders.
Frequently Asked Questions
IFSW.L and IGLN.L have a correlation of 0.32, 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 0.55% for IFSW.L.
IFSW.L is categorized as Global Equities, while IGLN.L is Gold. IFSW.L tracks MSCI ACWI NR USD, while IGLN.L tracks LBMA Gold Price. Their fees differ too: 0.55% for IFSW.L and 0.25% for IGLN.L.
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