IS3N.DE vs. EGLN.L
IS3N.DE (iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc)) and EGLN.L (iShares Physical Gold ETC) are both exchange-traded funds - IS3N.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Investable Market (IMI), while EGLN.L is a Gold fund tracking the LBMA Gold Price. Both are passively managed. Over the past 10 years, IS3N.DE returned 10.23%/yr vs 10.77%/yr for EGLN.L. At a 0.06 correlation, their price movements are largely independent. IS3N.DE charges 0.18%/yr vs 0.25%/yr for EGLN.L.
Performance
IS3N.DE vs. EGLN.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IS3N.DE achieves a 24.88% return, which is significantly higher than EGLN.L's -0.76% return. Over the past 10 years, IS3N.DE has underperformed EGLN.L with an annualized return of 10.23%, while EGLN.L has yielded a comparatively higher 10.77% annualized return.
IS3N.DE
- 1D
- 3.12%
- 1M
- 4.34%
- YTD
- 24.88%
- 6M
- 27.74%
- 1Y
- 45.03%
- 3Y*
- 18.80%
- 5Y*
- 8.46%
- 10Y*
- 10.23%
EGLN.L
- 1D
- 2.84%
- 1M
- -6.84%
- YTD
- -0.76%
- 6M
- -0.18%
- 1Y
- 22.86%
- 3Y*
- 26.28%
- 5Y*
- 18.47%
- 10Y*
- 10.77%
IS3N.DE vs. EGLN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IS3N.DE iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) | 24.88% | 17.14% | 13.88% | 7.20% | -13.85% | 7.09% | 7.07% | 20.99% | -11.06% | 20.43% |
EGLN.L iShares Physical Gold ETC | -0.76% | 46.01% | 34.32% | 9.37% | 6.00% | 3.85% | 13.68% | 20.59% | 3.38% | -0.47% |
Correlation
The correlation between IS3N.DE and EGLN.L is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2014 | 0.06 |
Over the past year, IS3N.DE and EGLN.L have become more correlated (0.29) than their long-term average of 0.06, 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
IS3N.DE vs. EGLN.L — Risk / Return Rank
IS3N.DE
EGLN.L
IS3N.DE vs. EGLN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (IS3N.DE) and iShares Physical Gold ETC (EGLN.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.
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.
| IS3N.DE | EGLN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.38 | ||
| Sortino ratioReturn per unit of downside risk | +1.80 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.21 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 4.10 | 1.10 | +3.00 |
| Martin ratioReturn relative to average drawdown | 14.25 | 3.36 | +10.89 |
Loading charts...
Drawdowns
IS3N.DE vs. EGLN.L - Drawdown Comparison
The maximum IS3N.DE drawdown since its inception was -35.06%, smaller than the maximum EGLN.L drawdown of -47.44%. Use the drawdown chart below to compare losses from any high point for IS3N.DE and EGLN.L.
Loading charts...
Drawdown Indicators
| IS3N.DE | EGLN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.06% | -47.44% | +12.38% |
Max Drawdown (1Y)Largest decline over 1 year | -10.52% | -21.94% | +11.42% |
Max Drawdown (3Y)Largest decline over 3 years | -19.18% | -21.94% | +2.76% |
Max Drawdown (5Y)Largest decline over 5 years | -21.99% | -21.94% | -0.05% |
Max Drawdown (10Y)Largest decline over 10 years | -32.51% | -26.21% | -6.30% |
Current DrawdownCurrent decline from peak | -3.21% | -19.73% | +16.52% |
Average DrawdownAverage peak-to-trough decline | -9.27% | -22.54% | +13.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.03% | 7.17% | -4.14% |
Volatility
IS3N.DE vs. EGLN.L - Volatility Comparison
iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (IS3N.DE) has a higher volatility of 7.31% compared to iShares Physical Gold ETC (EGLN.L) at 6.72%. This indicates that IS3N.DE's price experiences larger fluctuations and is considered to be riskier than EGLN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IS3N.DE | EGLN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.31% | 6.72% | +0.59% |
Volatility (6M)Calculated over the trailing 6-month period | 15.53% | 20.79% | -5.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.01% | 23.72% | -5.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.34% | 17.26% | -0.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.08% | 16.00% | +2.08% |
IS3N.DE vs. EGLN.L - Expense Ratio Comparison
IS3N.DE has a 0.18% expense ratio, which is lower than EGLN.L's 0.25% 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
IS3N.DE vs. EGLN.L - Dividend Comparison
Neither IS3N.DE nor EGLN.L has paid dividends to shareholders.
Frequently Asked Questions
IS3N.DE and EGLN.L have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IS3N.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IS3N.DE is cheaper with a 0.18% expense ratio, compared with 0.25% for EGLN.L.
IS3N.DE is categorized as Emerging Markets Equities, while EGLN.L is Gold. IS3N.DE tracks MSCI Emerging Markets Investable Market (IMI), while EGLN.L tracks LBMA Gold Price. Their fees differ too: 0.18% for IS3N.DE and 0.25% for EGLN.L.
Find the right allocation for IS3N.DE and EGLN.L
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