IGLD.DE vs. VVMX.DE
IGLD.DE (iShares Physical Gold (EUR Hedged) ETC) and VVMX.DE (VanEck Rare Earth and Strategic Metals UCITS ETF A) are both exchange-traded funds - IGLD.DE is a Precious Metals fund tracking the Gold (EUR Hedged), while VVMX.DE is a Commodity Producers Equities fund tracking the MVIS Global Rare Earth/Strategic Metals. Both are passively managed. Over the past 3 years, IGLD.DE returned 28.49%/yr vs 3.35%/yr for VVMX.DE. At a 0.26 correlation, their price movements are largely independent. IGLD.DE charges 0.25%/yr vs 0.59%/yr for VVMX.DE.
Performance
IGLD.DE vs. VVMX.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IGLD.DE achieves a 0.35% return, which is significantly lower than VVMX.DE's 30.24% return.
IGLD.DE
- 1D
- 0.70%
- 1M
- -2.47%
- YTD
- 0.35%
- 6M
- 4.61%
- 1Y
- 28.86%
- 3Y*
- 28.49%
- 5Y*
- —
- 10Y*
- —
VVMX.DE
- 1D
- -1.82%
- 1M
- -6.33%
- YTD
- 30.24%
- 6M
- 39.84%
- 1Y
- 155.75%
- 3Y*
- 3.35%
- 5Y*
- —
- 10Y*
- —
IGLD.DE vs. VVMX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IGLD.DE iShares Physical Gold (EUR Hedged) ETC | 0.35% | 63.04% | 24.54% | 10.49% | 2.47% |
VVMX.DE VanEck Rare Earth and Strategic Metals UCITS ETF A | 30.24% | 68.45% | -30.81% | -21.17% | -12.80% |
Correlation
The correlation between IGLD.DE and VVMX.DE is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Jul 8, 2022 | 0.26 |
The correlation between IGLD.DE and VVMX.DE shifts across timeframes, from 0.26 (all time) to 0.39 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IGLD.DE vs. VVMX.DE — Risk / Return Rank
IGLD.DE
VVMX.DE
IGLD.DE vs. VVMX.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Physical Gold (EUR Hedged) ETC (IGLD.DE) and VanEck Rare Earth and Strategic Metals UCITS ETF A (VVMX.DE). 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.
| IGLD.DE | VVMX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.20 | ||
| Sortino ratioReturn per unit of downside risk | -2.02 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.44 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 1.63 | 7.59 | -5.96 |
| Martin ratioReturn relative to average drawdown | 4.10 | 19.66 | -15.56 |
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
| IGLD.DE | VVMX.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.16 | 3.36 | -2.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.32 | 0.02 | +1.30 |
Drawdowns
IGLD.DE vs. VVMX.DE - Drawdown Comparison
The maximum IGLD.DE drawdown since its inception was -17.62%, smaller than the maximum VVMX.DE drawdown of -73.26%. Use the drawdown chart below to compare losses from any high point for IGLD.DE and VVMX.DE.
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Drawdown Indicators
| IGLD.DE | VVMX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.62% | -73.26% | +55.64% |
Max Drawdown (1Y)Largest decline over 1 year | -17.62% | -20.40% | +2.78% |
Max Drawdown (3Y)Largest decline over 3 years | -17.62% | -61.55% | +43.93% |
Current DrawdownCurrent decline from peak | -16.24% | -25.51% | +9.27% |
Average DrawdownAverage peak-to-trough decline | -3.72% | -41.23% | +37.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.03% | 7.89% | -0.86% |
Volatility
IGLD.DE vs. VVMX.DE - Volatility Comparison
The current volatility for iShares Physical Gold (EUR Hedged) ETC (IGLD.DE) is 5.98%, while VanEck Rare Earth and Strategic Metals UCITS ETF A (VVMX.DE) has a volatility of 12.59%. This indicates that IGLD.DE experiences smaller price fluctuations and is considered to be less risky than VVMX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IGLD.DE | VVMX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.98% | 12.59% | -6.61% |
Volatility (6M)Calculated over the trailing 6-month period | 21.79% | 32.22% | -10.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.80% | 46.13% | -21.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.86% | 36.38% | -18.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.86% | 36.38% | -18.52% |
IGLD.DE vs. VVMX.DE - Expense Ratio Comparison
IGLD.DE has a 0.25% expense ratio, which is lower than VVMX.DE's 0.59% expense ratio.
Dividends
IGLD.DE vs. VVMX.DE - Dividend Comparison
Neither IGLD.DE nor VVMX.DE has paid dividends to shareholders.
Frequently Asked Questions
IGLD.DE and VVMX.DE have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IGLD.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IGLD.DE is cheaper with a 0.25% expense ratio, compared with 0.59% for VVMX.DE.
IGLD.DE is categorized as Precious Metals, while VVMX.DE is Commodity Producers Equities. IGLD.DE tracks Gold (EUR Hedged), while VVMX.DE tracks MVIS Global Rare Earth/Strategic Metals. They also come from different issuers: iShares and VanEck. Their fees differ too: 0.25% for IGLD.DE and 0.59% for VVMX.DE.
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