IGLN.L vs. SPY
Compare and contrast key facts about iShares Physical Gold ETC (IGLN.L) and SPDR S&P 500 ETF (SPY).
IGLN.L and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IGLN.L is a passively managed fund by iShares that tracks the performance of the LBMA Gold Price. It was launched on Apr 8, 2011. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both IGLN.L and SPY 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: IGLN.L or SPY.
Correlation
The correlation between IGLN.L and SPY is 0.00, 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
IGLN.L vs. SPY - Performance Comparison
Key characteristics
IGLN.L:
3.18
SPY:
1.88
IGLN.L:
3.93
SPY:
2.53
IGLN.L:
1.54
SPY:
1.35
IGLN.L:
5.72
SPY:
2.83
IGLN.L:
15.47
SPY:
11.74
IGLN.L:
2.94%
SPY:
2.02%
IGLN.L:
14.26%
SPY:
12.64%
IGLN.L:
-45.24%
SPY:
-55.19%
IGLN.L:
0.00%
SPY:
-0.42%
Returns By Period
In the year-to-date period, IGLN.L achieves a 12.83% return, which is significantly higher than SPY's 4.15% return. Over the past 10 years, IGLN.L has underperformed SPY with an annualized return of 9.15%, while SPY has yielded a comparatively higher 13.18% annualized return.
IGLN.L
12.83%
7.38%
18.85%
45.28%
12.26%
9.15%
SPY
4.15%
1.22%
10.44%
24.34%
14.62%
13.18%
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IGLN.L vs. SPY - Expense Ratio Comparison
IGLN.L has a 0.25% expense ratio, which is higher than SPY's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
IGLN.L vs. SPY — Risk-Adjusted Performance Rank
IGLN.L
SPY
IGLN.L vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Physical Gold ETC (IGLN.L) and SPDR S&P 500 ETF (SPY). 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
IGLN.L vs. SPY - Dividend Comparison
IGLN.L has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.16%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
IGLN.L vs. SPY - Drawdown Comparison
The maximum IGLN.L drawdown since its inception was -45.24%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for IGLN.L and SPY. For additional features, visit the drawdowns tool.
Volatility
IGLN.L vs. SPY - Volatility Comparison
iShares Physical Gold ETC (IGLN.L) has a higher volatility of 3.33% compared to SPDR S&P 500 ETF (SPY) at 2.88%. This indicates that IGLN.L's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.