IUKD.L vs. SGLN.L
IUKD.L (iShares UK Dividend UCITS ETF) and SGLN.L (iShares Physical Gold ETC) are both exchange-traded funds - IUKD.L is a Dividend fund tracking the FTSE UK Dividend+ Index, while SGLN.L is a Gold fund tracking the LBMA Gold Price. Both are passively managed. Over the past 10 years, IUKD.L returned 7.03%/yr vs 14.27%/yr for SGLN.L. At a correlation of -0.02, they often move in opposite directions. IUKD.L charges 0.40%/yr vs 0.12%/yr for SGLN.L.
Performance
IUKD.L vs. SGLN.L - Performance Comparison
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Returns By Period
In the year-to-date period, IUKD.L achieves a 7.22% return, which is significantly higher than SGLN.L's 3.89% return. Over the past 10 years, IUKD.L has underperformed SGLN.L with an annualized return of 7.03%, while SGLN.L has yielded a comparatively higher 14.27% annualized return.
IUKD.L
- 1D
- 0.49%
- 1M
- 1.90%
- YTD
- 7.22%
- 6M
- 9.76%
- 1Y
- 24.68%
- 3Y*
- 18.89%
- 5Y*
- 11.88%
- 10Y*
- 7.03%
SGLN.L
- 1D
- 0.70%
- 1M
- -1.36%
- YTD
- 3.89%
- 6M
- 5.42%
- 1Y
- 33.75%
- 3Y*
- 28.17%
- 5Y*
- 20.12%
- 10Y*
- 14.27%
IUKD.L vs. SGLN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IUKD.L iShares UK Dividend UCITS ETF | 7.22% | 32.12% | 12.27% | 5.81% | -1.44% | 23.43% | -17.92% | 18.86% | -14.11% | 6.92% |
SGLN.L iShares Physical Gold ETC | 3.89% | 53.66% | 28.20% | 7.24% | 11.84% | -2.57% | 19.62% | 14.63% | 4.36% | 1.68% |
Correlation
The correlation between IUKD.L and SGLN.L is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.04 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since Apr 13, 2011 | -0.02 |
The correlation between IUKD.L and SGLN.L shifts across timeframes, from -0.02 (all time) to 0.19 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IUKD.L vs. SGLN.L — Risk / Return Rank
IUKD.L
SGLN.L
IUKD.L vs. SGLN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares UK Dividend UCITS ETF (IUKD.L) and iShares Physical Gold ETC (SGLN.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.
| IUKD.L | SGLN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.74 | ||
| Sortino ratioReturn per unit of downside risk | +1.08 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.29 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 2.48 | 1.91 | +0.56 |
| Martin ratioReturn relative to average drawdown | 8.97 | 5.05 | +3.92 |
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
| IUKD.L | SGLN.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.19 | 1.45 | +0.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.86 | 1.23 | -0.38 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.41 | 0.90 | -0.50 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 0.55 | -0.27 |
Drawdowns
IUKD.L vs. SGLN.L - Drawdown Comparison
The maximum IUKD.L drawdown since its inception was -61.95%, which is greater than SGLN.L's maximum drawdown of -41.71%. Use the drawdown chart below to compare losses from any high point for IUKD.L and SGLN.L.
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Drawdown Indicators
| IUKD.L | SGLN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.95% | -41.71% | -20.24% |
Max Drawdown (1Y)Largest decline over 1 year | -9.92% | -17.57% | +7.65% |
Max Drawdown (3Y)Largest decline over 3 years | -10.52% | -17.57% | +7.05% |
Max Drawdown (5Y)Largest decline over 5 years | -19.93% | -17.57% | -2.36% |
Max Drawdown (10Y)Largest decline over 10 years | -44.34% | -21.91% | -22.43% |
Current DrawdownCurrent decline from peak | -3.39% | -16.01% | +12.62% |
Average DrawdownAverage peak-to-trough decline | -14.97% | -14.76% | -0.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.74% | 6.67% | -3.93% |
Volatility
IUKD.L vs. SGLN.L - Volatility Comparison
The current volatility for iShares UK Dividend UCITS ETF (IUKD.L) is 3.72%, while iShares Physical Gold ETC (SGLN.L) has a volatility of 5.08%. This indicates that IUKD.L experiences smaller price fluctuations and is considered to be less risky than SGLN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IUKD.L | SGLN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.72% | 5.08% | -1.36% |
Volatility (6M)Calculated over the trailing 6-month period | 9.33% | 20.08% | -10.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.21% | 23.19% | -11.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.84% | 16.30% | -2.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.22% | 15.78% | +1.44% |
IUKD.L vs. SGLN.L - Expense Ratio Comparison
IUKD.L has a 0.40% expense ratio, which is higher than SGLN.L's 0.12% expense ratio.
Dividends
IUKD.L vs. SGLN.L - Dividend Comparison
IUKD.L's dividend yield for the trailing twelve months is around 4.53%, while SGLN.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IUKD.L iShares UK Dividend UCITS ETF | 4.53% | 4.85% | 5.78% | 5.34% | 6.39% | 5.68% | 4.11% | 5.70% | 6.86% | 5.19% | 4.87% | 5.67% |
SGLN.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% |
Frequently Asked Questions
IUKD.L and SGLN.L have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SGLN.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SGLN.L is cheaper with a 0.12% expense ratio, compared with 0.40% for IUKD.L.
IUKD.L is categorized as Dividend, while SGLN.L is Gold. IUKD.L tracks FTSE UK Dividend+ Index, while SGLN.L tracks LBMA Gold Price. Their fees differ too: 0.40% for IUKD.L and 0.12% for SGLN.L.
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