ISDE.L vs. IGLN.L
ISDE.L (iShares MSCI EM Islamic UCITS ETF USD (Dist)) and IGLN.L (iShares Physical Gold ETC) are both exchange-traded funds - ISDE.L is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Islamic Index, while IGLN.L is a Gold fund tracking the LBMA Gold Price. Both are passively managed. Over the past 10 years, ISDE.L returned 13.09%/yr vs 13.42%/yr for IGLN.L. At a 0.17 correlation, their price movements are largely independent. ISDE.L charges 0.85%/yr vs 0.25%/yr for IGLN.L.
Performance
ISDE.L vs. IGLN.L - Performance Comparison
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Returns By Period
In the year-to-date period, ISDE.L achieves a 60.11% return, which is significantly higher than IGLN.L's 3.70% return. Both investments have delivered pretty close results over the past 10 years, with ISDE.L having a 13.09% annualized return and IGLN.L not far ahead at 13.42%.
ISDE.L
- 1D
- -2.79%
- 1M
- 13.41%
- YTD
- 60.11%
- 6M
- 64.90%
- 1Y
- 107.18%
- 3Y*
- 32.29%
- 5Y*
- 12.82%
- 10Y*
- 13.09%
IGLN.L
- 1D
- 0.68%
- 1M
- -2.35%
- YTD
- 3.70%
- 6M
- 6.03%
- 1Y
- 32.37%
- 3Y*
- 31.55%
- 5Y*
- 18.61%
- 10Y*
- 13.42%
ISDE.L vs. IGLN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ISDE.L iShares MSCI EM Islamic UCITS ETF USD (Dist) | 60.11% | 40.46% | -3.55% | 13.97% | -22.72% | 2.64% | 22.21% | 19.39% | -17.27% | 41.72% |
IGLN.L iShares Physical Gold ETC | 3.70% | 64.92% | 26.14% | 13.44% | -0.09% | -4.03% | 24.16% | 18.28% | -1.31% | 11.67% |
Correlation
The correlation between ISDE.L and IGLN.L is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Apr 13, 2011 | 0.17 |
The correlation between ISDE.L and IGLN.L shifts across timeframes, from 0.17 (all time) to 0.34 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
ISDE.L vs. IGLN.L — Risk / Return Rank
ISDE.L
IGLN.L
ISDE.L vs. IGLN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EM Islamic UCITS ETF USD (Dist) (ISDE.L) and iShares Physical Gold ETC (IGLN.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.
| ISDE.L | IGLN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.98 | ||
| Sortino ratioReturn per unit of downside risk | +3.19 | ||
| Omega ratioGain probability vs. loss probability | 1.73 | 1.25 | +0.48 |
| Calmar ratioReturn relative to maximum drawdown | 7.48 | 1.86 | +5.62 |
| Martin ratioReturn relative to average drawdown | 28.54 | 4.79 | +23.75 |
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
| ISDE.L | IGLN.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.28 | 1.30 | +2.98 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.67 | 1.07 | -0.41 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | 0.86 | -0.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.46 | -0.22 |
Drawdowns
ISDE.L vs. IGLN.L - Drawdown Comparison
The maximum ISDE.L drawdown since its inception was -59.96%, which is greater than IGLN.L's maximum drawdown of -45.24%. Use the drawdown chart below to compare losses from any high point for ISDE.L and IGLN.L.
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Drawdown Indicators
| ISDE.L | IGLN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.96% | -45.24% | -14.72% |
Max Drawdown (1Y)Largest decline over 1 year | -14.25% | -17.36% | +3.11% |
Max Drawdown (3Y)Largest decline over 3 years | -21.81% | -17.36% | -4.45% |
Max Drawdown (5Y)Largest decline over 5 years | -32.28% | -21.15% | -11.13% |
Max Drawdown (10Y)Largest decline over 10 years | -36.67% | -21.15% | -15.52% |
Current DrawdownCurrent decline from peak | -3.68% | -15.66% | +11.98% |
Average DrawdownAverage peak-to-trough decline | -21.89% | -19.80% | -2.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.74% | 6.74% | -3.00% |
Volatility
ISDE.L vs. IGLN.L - Volatility Comparison
iShares MSCI EM Islamic UCITS ETF USD (Dist) (ISDE.L) has a higher volatility of 12.14% compared to iShares Physical Gold ETC (IGLN.L) at 6.36%. This indicates that ISDE.L's price experiences larger fluctuations and is considered to be riskier than IGLN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ISDE.L | IGLN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.14% | 6.36% | +5.78% |
Volatility (6M)Calculated over the trailing 6-month period | 22.26% | 21.73% | +0.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.94% | 24.78% | +0.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.26% | 17.36% | +1.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.87% | 15.54% | +4.33% |
ISDE.L vs. IGLN.L - Expense Ratio Comparison
ISDE.L has a 0.85% expense ratio, which is higher than IGLN.L's 0.25% expense ratio.
Dividends
ISDE.L vs. IGLN.L - Dividend Comparison
ISDE.L's dividend yield for the trailing twelve months is around 1.08%, while IGLN.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
ISDE.L iShares MSCI EM Islamic UCITS ETF USD (Dist) | 1.08% | 1.86% | 2.51% | 2.77% | 2.10% | 1.79% | 0.98% | 1.55% | 1.64% | 1.02% | 1.07% | 2.32% |
Frequently Asked Questions
ISDE.L and IGLN.L have a correlation of 0.34, 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 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IGLN.L is cheaper with a 0.25% expense ratio, compared with 0.85% for ISDE.L.
ISDE.L is categorized as Emerging Markets Equities, while IGLN.L is Gold. ISDE.L tracks MSCI Emerging Markets Islamic Index, while IGLN.L tracks LBMA Gold Price. Their fees differ too: 0.85% for ISDE.L and 0.25% for IGLN.L.
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