IS0E.DE vs. UTIL.L
IS0E.DE (iShares Gold Producers UCITS ETF) and UTIL.L (SPDR MSCI Europe Utilities UCITS ETF) are both exchange-traded funds - IS0E.DE is a Precious Metals fund tracking the S&P Commodity Producers Gold, while UTIL.L is a Utilities Equities fund tracking the MSCI World/Utilities NR USD. Both are passively managed. Over the past 10 years, IS0E.DE returned 13.92%/yr vs 10.84%/yr for UTIL.L. At a 0.18 correlation, their price movements are largely independent. IS0E.DE charges 0.55%/yr vs 0.18%/yr for UTIL.L.
Performance
IS0E.DE vs. UTIL.L - Performance Comparison
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Returns By Period
In the year-to-date period, IS0E.DE achieves a -0.06% return, which is significantly lower than UTIL.L's 13.65% return. Over the past 10 years, IS0E.DE has outperformed UTIL.L with an annualized return of 13.92%, while UTIL.L has yielded a comparatively lower 10.84% annualized return.
IS0E.DE
- 1D
- 0.88%
- 1M
- -6.27%
- YTD
- -0.06%
- 6M
- 8.72%
- 1Y
- 63.71%
- 3Y*
- 38.14%
- 5Y*
- 19.77%
- 10Y*
- 13.92%
UTIL.L
- 1D
- -0.64%
- 1M
- -0.76%
- YTD
- 13.65%
- 6M
- 15.33%
- 1Y
- 27.67%
- 3Y*
- 16.62%
- 5Y*
- 11.84%
- 10Y*
- 10.84%
IS0E.DE vs. UTIL.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IS0E.DE iShares Gold Producers UCITS ETF | -0.06% | 129.59% | 18.76% | 6.29% | -3.80% | -3.04% | 13.47% | 44.05% | -4.38% | -6.00% |
UTIL.L SPDR MSCI Europe Utilities UCITS ETF | 13.65% | 33.98% | 1.33% | 13.09% | -6.77% | 8.27% | 11.82% | 29.32% | 3.36% | 9.29% |
Correlation
The correlation between IS0E.DE and UTIL.L 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 | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Dec 9, 2014 | 0.18 |
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Return for Risk
IS0E.DE vs. UTIL.L — Risk / Return Rank
IS0E.DE
UTIL.L
IS0E.DE vs. UTIL.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Gold Producers UCITS ETF (IS0E.DE) and SPDR MSCI Europe Utilities UCITS ETF (UTIL.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.
| IS0E.DE | UTIL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.61 | ||
| Sortino ratioReturn per unit of downside risk | -0.71 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.33 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.17 | 3.77 | -1.61 |
| Martin ratioReturn relative to average drawdown | 5.45 | 10.51 | -5.05 |
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
| IS0E.DE | UTIL.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.24 | 1.85 | -0.61 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.73 | -0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | 0.61 | -0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.18 | 0.50 | -0.33 |
Drawdowns
IS0E.DE vs. UTIL.L - Drawdown Comparison
The maximum IS0E.DE drawdown since its inception was -71.63%, which is greater than UTIL.L's maximum drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for IS0E.DE and UTIL.L.
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Drawdown Indicators
| IS0E.DE | UTIL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.63% | -34.59% | -37.04% |
Max Drawdown (1Y)Largest decline over 1 year | -27.26% | -7.30% | -19.96% |
Max Drawdown (3Y)Largest decline over 3 years | -27.26% | -13.48% | -13.78% |
Max Drawdown (5Y)Largest decline over 5 years | -38.03% | -22.12% | -15.91% |
Max Drawdown (10Y)Largest decline over 10 years | -45.62% | -34.59% | -11.03% |
Current DrawdownCurrent decline from peak | -22.93% | -4.57% | -18.36% |
Average DrawdownAverage peak-to-trough decline | -33.74% | -6.01% | -27.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.85% | 2.63% | +8.22% |
Volatility
IS0E.DE vs. UTIL.L - Volatility Comparison
iShares Gold Producers UCITS ETF (IS0E.DE) has a higher volatility of 12.84% compared to SPDR MSCI Europe Utilities UCITS ETF (UTIL.L) at 5.68%. This indicates that IS0E.DE's price experiences larger fluctuations and is considered to be riskier than UTIL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IS0E.DE | UTIL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.84% | 5.68% | +7.16% |
Volatility (6M)Calculated over the trailing 6-month period | 33.62% | 12.96% | +20.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.58% | 14.89% | +32.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.83% | 16.24% | +17.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.53% | 17.67% | +14.86% |
IS0E.DE vs. UTIL.L - Expense Ratio Comparison
IS0E.DE has a 0.55% expense ratio, which is higher than UTIL.L's 0.18% expense ratio.
Dividends
IS0E.DE vs. UTIL.L - Dividend Comparison
Neither IS0E.DE nor UTIL.L has paid dividends to shareholders.
Frequently Asked Questions
IS0E.DE and UTIL.L 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.
On fees, UTIL.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UTIL.L is cheaper with a 0.18% expense ratio, compared with 0.55% for IS0E.DE.
IS0E.DE is categorized as Precious Metals, while UTIL.L is Utilities Equities. IS0E.DE tracks S&P Commodity Producers Gold, while UTIL.L tracks MSCI World/Utilities NR USD. They also come from different issuers: iShares and State Street. Their fees differ too: 0.55% for IS0E.DE and 0.18% for UTIL.L.
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