IGDA.L vs. SGLN.L
Compare and contrast key facts about Invesco Dow Jones Islamic Global Developed Markets UCITS ETF USD Acc (IGDA.L) and iShares Physical Gold ETC (SGLN.L).
IGDA.L and SGLN.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IGDA.L is a passively managed fund by Invesco that tracks the performance of the Dow Jones Islamic Market Developed Markets Index. It was launched on Jan 7, 2022. SGLN.L is a passively managed fund by iShares that tracks the performance of the LBMA Gold Price. It was launched on Apr 8, 2011. Both IGDA.L and SGLN.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IGDA.L or SGLN.L.
Correlation
The correlation between IGDA.L and SGLN.L is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
IGDA.L vs. SGLN.L - Performance Comparison
Key characteristics
IGDA.L:
1.20
SGLN.L:
3.13
IGDA.L:
1.71
SGLN.L:
4.16
IGDA.L:
1.22
SGLN.L:
1.56
IGDA.L:
1.82
SGLN.L:
7.10
IGDA.L:
6.57
SGLN.L:
16.48
IGDA.L:
2.50%
SGLN.L:
2.65%
IGDA.L:
13.63%
SGLN.L:
13.94%
IGDA.L:
-24.18%
SGLN.L:
-41.71%
IGDA.L:
-0.69%
SGLN.L:
-2.23%
Returns By Period
In the year-to-date period, IGDA.L achieves a 3.25% return, which is significantly lower than SGLN.L's 10.20% return.
IGDA.L
3.25%
2.64%
7.00%
17.50%
N/A
N/A
SGLN.L
10.20%
4.32%
18.91%
44.19%
13.40%
11.07%
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IGDA.L vs. SGLN.L - Expense Ratio Comparison
Risk-Adjusted Performance
IGDA.L vs. SGLN.L — Risk-Adjusted Performance Rank
IGDA.L
SGLN.L
IGDA.L vs. SGLN.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Dow Jones Islamic Global Developed Markets UCITS ETF USD Acc (IGDA.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.
Dividends
IGDA.L vs. SGLN.L - Dividend Comparison
Neither IGDA.L nor SGLN.L has paid dividends to shareholders.
Drawdowns
IGDA.L vs. SGLN.L - Drawdown Comparison
The maximum IGDA.L drawdown since its inception was -24.18%, smaller than the maximum SGLN.L drawdown of -41.71%. Use the drawdown chart below to compare losses from any high point for IGDA.L and SGLN.L. For additional features, visit the drawdowns tool.
Volatility
IGDA.L vs. SGLN.L - Volatility Comparison
Invesco Dow Jones Islamic Global Developed Markets UCITS ETF USD Acc (IGDA.L) has a higher volatility of 4.25% compared to iShares Physical Gold ETC (SGLN.L) at 3.32%. This indicates that IGDA.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.