IGLN.L vs. IUSQ.DE
IGLN.L (iShares Physical Gold ETC) and IUSQ.DE (iShares MSCI ACWI UCITS ETF (Acc)) are both exchange-traded funds - IGLN.L is a Gold fund tracking the LBMA Gold Price, while IUSQ.DE is a Global Equities fund tracking the MSCI All Country World (ACWI). Both are passively managed. Over the past 10 years, IGLN.L returned 12.45%/yr vs 12.91%/yr for IUSQ.DE. At a 0.08 correlation, their price movements are largely independent. IGLN.L charges 0.12%/yr vs 0.20%/yr for IUSQ.DE.
Performance
IGLN.L vs. IUSQ.DE - Performance Comparison
Loading charts...
Different Trading Currencies
IGLN.L is traded in USD, while IUSQ.DE is traded in EUR. To make them comparable, the IUSQ.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, IGLN.L achieves a -2.16% return, which is significantly lower than IUSQ.DE's 10.01% return. Both investments have delivered pretty close results over the past 10 years, with IGLN.L having a 12.45% annualized return and IUSQ.DE not far ahead at 12.91%.
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%
IUSQ.DE
- 1D
- 1.75%
- 1M
- -0.02%
- YTD
- 10.01%
- 6M
- 11.76%
- 1Y
- 26.66%
- 3Y*
- 19.85%
- 5Y*
- 11.00%
- 10Y*
- 12.91%
IGLN.L vs. IUSQ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
IUSQ.DE iShares MSCI ACWI UCITS ETF (Acc) | 10.01% | 23.07% | 17.40% | 22.32% | -18.34% | 18.95% | 15.19% | 27.40% | -10.39% | 24.57% |
Correlation
The correlation between IGLN.L and IUSQ.DE is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Oct 21, 2011 | 0.08 |
Over the past year, IGLN.L and IUSQ.DE have become more correlated (0.31) than their long-term average of 0.08, meaning their price movements have been converging.
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
IGLN.L vs. IUSQ.DE — Risk / Return Rank
IGLN.L
IUSQ.DE
IGLN.L vs. IUSQ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Physical Gold ETC (IGLN.L) and iShares MSCI ACWI UCITS ETF (Acc) (IUSQ.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.
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.L | IUSQ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.10 | ||
| Sortino ratioReturn per unit of downside risk | -1.62 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.36 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.05 | 2.89 | -1.84 |
| Martin ratioReturn relative to average drawdown | 3.27 | 12.04 | -8.77 |
Loading charts...
Drawdowns
IGLN.L vs. IUSQ.DE - Drawdown Comparison
The maximum IGLN.L drawdown since its inception was -45.25%, which is greater than IUSQ.DE's maximum drawdown of -34.07%. Use the drawdown chart below to compare losses from any high point for IGLN.L and IUSQ.DE.
Loading charts...
Drawdown Indicators
| IGLN.L | IUSQ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.25% | -34.07% | -11.18% |
Max Drawdown (1Y)Largest decline over 1 year | -23.02% | -8.85% | -14.17% |
Max Drawdown (3Y)Largest decline over 3 years | -23.02% | -17.48% | -5.54% |
Max Drawdown (5Y)Largest decline over 5 years | -23.02% | -26.08% | +3.06% |
Max Drawdown (10Y)Largest decline over 10 years | -23.02% | -34.07% | +11.05% |
Current DrawdownCurrent decline from peak | -20.43% | -1.91% | -18.52% |
Average DrawdownAverage peak-to-trough decline | -19.72% | -5.02% | -14.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.41% | 2.13% | +5.28% |
Volatility
IGLN.L vs. IUSQ.DE - Volatility Comparison
iShares Physical Gold ETC (IGLN.L) has a higher volatility of 7.69% compared to iShares MSCI ACWI UCITS ETF (Acc) (IUSQ.DE) at 3.93%. This indicates that IGLN.L's price experiences larger fluctuations and is considered to be riskier than IUSQ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IGLN.L | IUSQ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.69% | 3.93% | +3.76% |
Volatility (6M)Calculated over the trailing 6-month period | 22.45% | 9.72% | +12.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.45% | 12.49% | +12.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.55% | 15.50% | +2.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.63% | 15.92% | -0.29% |
IGLN.L vs. IUSQ.DE - Expense Ratio Comparison
IGLN.L has a 0.12% expense ratio, which is lower than IUSQ.DE's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
IGLN.L vs. IUSQ.DE - Dividend Comparison
Neither IGLN.L nor IUSQ.DE has paid dividends to shareholders.
Frequently Asked Questions
IGLN.L and IUSQ.DE have a correlation of 0.31, 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 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IGLN.L is cheaper with a 0.12% expense ratio, compared with 0.20% for IUSQ.DE.
IGLN.L is categorized as Gold, while IUSQ.DE is Global Equities. IGLN.L tracks LBMA Gold Price, while IUSQ.DE tracks MSCI All Country World (ACWI). Their fees differ too: 0.12% for IGLN.L and 0.20% for IUSQ.DE.
Find the right allocation for IGLN.L and IUSQ.DE
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