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IGLN.L vs. ASML
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IGLN.L vs. ASML

Last updated Jun 14, 2026

IGLN.L (iShares Physical Gold ETC) is Gold fund tracking the LBMA Gold Price, while ASML (ASML Holding N.V.) is a stock. Over the past 10 years, IGLN.L returned 12.45%/yr vs 36.00%/yr for ASML. At a 0.05 correlation, their price movements are largely independent.

Performance

IGLN.L vs. ASML - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Physical Gold ETC (IGLN.L) and ASML Holding N.V. (ASML). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IGLN.L achieves a -2.16% return, which is significantly lower than ASML's 74.80% return. Over the past 10 years, IGLN.L has underperformed ASML with an annualized return of 12.45%, while ASML has yielded a comparatively higher 36.00% annualized return.

IGLN.L

1D
3.37%
1M
-10.03%
YTD
-2.16%
6M
-1.54%
1Y
23.07%
3Y*
29.33%
5Y*
17.43%
10Y*
12.45%

ASML

1D
-1.89%
1M
17.61%
YTD
74.80%
6M
73.02%
1Y
146.81%
3Y*
37.59%
5Y*
22.97%
10Y*
36.00%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IGLN.L vs. ASML - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IGLN.L
iShares Physical Gold ETC		-2.16%64.93%26.14%13.44%-0.09%-4.03%24.16%18.30%-1.33%11.69%
ASML
ASML Holding N.V.		74.80%56.51%-7.70%39.91%-30.49%64.13%66.06%93.56%-9.80%56.23%

Correlation

The correlation between IGLN.L and ASML is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.20

Correlation (3Y)
Calculated over the trailing 3-year period

0.12

Correlation (5Y)
Calculated over the trailing 5-year period

0.11

Correlation (10Y)
Calculated over the trailing 10-year period

0.08

Correlation (All Time)
Calculated using the full available price history since Apr 8, 2011

0.05

The correlation between IGLN.L and ASML shifts across timeframes, from 0.05 (all time) to 0.20 (1 year), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

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iShares Physical Gold ETC

ASML Holding N.V.

Often compared with IGLN.L:
IGLN.L vs. SGLN.LIGLN.L vs. GLDIGLN.L vs. XAUUSD=XIGLN.L vs. GBSP.LIGLN.L vs. XSFN.LIGLN.L vs. EGLN.LIGLN.L vs. SPY
Often compared with ASML:
ASML vs. TSMASML vs. NVDAASML vs. ASM.ASASML vs. LRCXASML vs. ASML.ASASML vs. SOXXASML vs. AMAT

Return for Risk

IGLN.L vs. ASML — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IGLN.L
IGLN.L Risk / Return Rank: 2828
Overall Rank
IGLN.L Sharpe Ratio Rank: 3030
Sharpe Ratio Rank
IGLN.L Sortino Ratio Rank: 2828
Sortino Ratio Rank
IGLN.L Omega Ratio Rank: 3131
Omega Ratio Rank
IGLN.L Calmar Ratio Rank: 2525
Calmar Ratio Rank
IGLN.L Martin Ratio Rank: 2727
Martin Ratio Rank
ASML
ASML Risk / Return Rank: 9595
Overall Rank
ASML Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
ASML Sortino Ratio Rank: 9494
Sortino Ratio Rank
ASML Omega Ratio Rank: 9292
Omega Ratio Rank
ASML Calmar Ratio Rank: 9696
Calmar Ratio Rank
ASML Martin Ratio Rank: 9696
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IGLN.L vs. ASML - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Physical Gold ETC (IGLN.L) and ASML Holding N.V. (ASML). 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.

IGLN.LASMLDifference
Sharpe ratioReturn per unit of total volatility
0.95
3.27

-2.32

Sortino ratioReturn per unit of downside risk
1.35
3.70

-2.35

Omega ratioGain probability vs. loss probability

1.19

1.45

-0.26

Calmar ratioReturn relative to maximum drawdown

1.05

7.83

-6.77

Martin ratioReturn relative to average drawdown

3.27

21.08

-17.81

IGLN.L vs. ASML - Sharpe Ratio Comparison

The current IGLN.L Sharpe Ratio is 0.95, which is lower than the ASML Sharpe Ratio of 3.27. The chart below compares the historical Sharpe Ratios of IGLN.L and ASML, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

IGLN.L vs. ASML - Drawdown Comparison

The maximum IGLN.L drawdown since its inception was -45.25%, smaller than the maximum ASML drawdown of -90.00%. Use the drawdown chart below to compare losses from any high point for IGLN.L and ASML.

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Drawdown Indicators

IGLN.LASMLDifference

Max Drawdown

Largest peak-to-trough decline

-45.25%

-90.00%

+44.75%

Max Drawdown (1Y)

Largest decline over 1 year

-23.02%

-17.85%

-5.17%

Max Drawdown (3Y)

Largest decline over 3 years

-23.02%

-45.38%

+22.36%

Max Drawdown (5Y)

Largest decline over 5 years

-23.02%

-56.84%

+33.82%

Max Drawdown (10Y)

Largest decline over 10 years

-23.02%

-56.84%

+33.82%

Current Drawdown

Current decline from peak

-20.43%

-1.89%

-18.54%

Average Drawdown

Average peak-to-trough decline

-19.72%

-28.12%

+8.40%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.41%

6.63%

+0.78%

Volatility

IGLN.L vs. ASML - Volatility Comparison

The current volatility for iShares Physical Gold ETC (IGLN.L) is 7.69%, while ASML Holding N.V. (ASML) has a volatility of 17.27%. This indicates that IGLN.L experiences smaller price fluctuations and is considered to be less risky than ASML based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IGLN.LASMLDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.69%

17.27%

-9.58%

Volatility (6M)

Calculated over the trailing 6-month period

22.45%

34.58%

-12.13%

Volatility (1Y)

Calculated over the trailing 1-year period

25.45%

42.75%

-17.30%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.55%

42.44%

-24.89%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.63%

38.72%

-23.09%

Dividends

IGLN.L vs. ASML - Dividend Comparison

IGLN.L has not paid dividends to shareholders, while ASML's dividend yield for the trailing twelve months is around 0.47%.

PositionTTM20252024202320222021202020192018201720162015
ASML
ASML Holding N.V.		0.47%0.97%0.97%0.86%1.27%0.50%0.50%1.40%0.94%0.64%0.92%0.73%
IGLN.L
iShares Physical Gold ETC		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

IGLN.L and ASML have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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