IUKP.L vs. IGLN.L
IUKP.L (iShares UK Property UCITS ETF) and IGLN.L (iShares Physical Gold ETC) are both exchange-traded funds - IUKP.L is a REIT fund tracking the FTSE EPRA/NAREIT United Kingdom, while IGLN.L is a Gold fund tracking the LBMA Gold Price. Both are passively managed. Over the past 10 years, IUKP.L returned -4.20%/yr vs 14.18%/yr for IGLN.L. At a 0.00 correlation, their price movements are largely independent. IUKP.L charges 0.40%/yr vs 0.25%/yr for IGLN.L.
Performance
IUKP.L vs. IGLN.L - Performance Comparison
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Different Trading Currencies
IUKP.L is traded in GBp, while IGLN.L is traded in USD. To make them comparable, the IGLN.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, IUKP.L achieves a -3.75% return, which is significantly lower than IGLN.L's 3.39% return. Over the past 10 years, IUKP.L has underperformed IGLN.L with an annualized return of -4.20%, while IGLN.L has yielded a comparatively higher 14.18% annualized return.
IUKP.L
- 1D
- 0.96%
- 1M
- 1.62%
- YTD
- -3.75%
- 6M
- -2.64%
- 1Y
- -4.48%
- 3Y*
- -3.49%
- 5Y*
- -7.61%
- 10Y*
- -4.20%
IGLN.L
- 1D
- 0.00%
- 1M
- -2.15%
- YTD
- 3.39%
- 6M
- 4.55%
- 1Y
- 32.71%
- 3Y*
- 27.94%
- 5Y*
- 19.72%
- 10Y*
- 14.18%
IUKP.L vs. IGLN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IUKP.L iShares UK Property UCITS ETF | -3.75% | 4.80% | -15.54% | 6.20% | -33.79% | 25.56% | -18.46% | 25.37% | -16.13% | 8.55% |
IGLN.L iShares Physical Gold ETC | 4.12% | 53.17% | 28.35% | 7.77% | 11.79% | -3.12% | 20.51% | 13.78% | 4.54% | 2.01% |
Correlation
The correlation between IUKP.L and IGLN.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 | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Apr 13, 2011 | 0.00 |
The correlation between IUKP.L and IGLN.L shifts across timeframes, from -0.01 (10 years) to 0.19 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IUKP.L vs. IGLN.L — Risk / Return Rank
IUKP.L
IGLN.L
IUKP.L vs. IGLN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares UK Property UCITS ETF (IUKP.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.
| IUKP.L | IGLN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.59 | ||
| Sortino ratioReturn per unit of downside risk | -1.98 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.27 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | -0.25 | 1.86 | -2.11 |
| Martin ratioReturn relative to average drawdown | -0.58 | 4.95 | -5.53 |
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
| IUKP.L | IGLN.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.24 | 1.35 | -1.59 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.36 | 1.17 | -1.53 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.20 | 0.87 | -1.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.18 | 0.52 | -0.70 |
Drawdowns
IUKP.L vs. IGLN.L - Drawdown Comparison
The maximum IUKP.L drawdown since its inception was -81.01%, which is greater than IGLN.L's maximum drawdown of -41.86%. Use the drawdown chart below to compare losses from any high point for IUKP.L and IGLN.L.
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Drawdown Indicators
| IUKP.L | IGLN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.01% | -41.86% | -39.15% |
Max Drawdown (1Y)Largest decline over 1 year | -17.67% | -17.53% | -0.14% |
Max Drawdown (3Y)Largest decline over 3 years | -24.37% | -17.53% | -6.84% |
Max Drawdown (5Y)Largest decline over 5 years | -45.63% | -17.53% | -28.10% |
Max Drawdown (10Y)Largest decline over 10 years | -45.63% | -22.37% | -23.26% |
Current DrawdownCurrent decline from peak | -61.46% | -16.35% | -45.11% |
Average DrawdownAverage peak-to-trough decline | -51.12% | -14.94% | -36.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.72% | 6.59% | +1.13% |
Volatility
IUKP.L vs. IGLN.L - Volatility Comparison
iShares UK Property UCITS ETF (IUKP.L) has a higher volatility of 6.51% compared to iShares Physical Gold ETC (IGLN.L) at 5.98%. This indicates that IUKP.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
| IUKP.L | IGLN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.51% | 5.98% | +0.53% |
Volatility (6M)Calculated over the trailing 6-month period | 15.21% | 21.12% | -5.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.88% | 24.08% | -5.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.29% | 16.81% | +4.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.84% | 16.35% | +4.49% |
IUKP.L vs. IGLN.L - Expense Ratio Comparison
IUKP.L has a 0.40% expense ratio, which is higher than IGLN.L's 0.25% expense ratio.
Dividends
IUKP.L vs. IGLN.L - Dividend Comparison
IUKP.L's dividend yield for the trailing twelve months is around 0.04%, 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% |
IUKP.L iShares UK Property UCITS ETF | 0.04% | 0.04% | 0.05% | 0.04% | 0.04% | 0.02% | 0.02% | 0.03% | 0.04% | 0.03% | 0.03% | 0.02% |
Frequently Asked Questions
IUKP.L and IGLN.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, 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 0.40% for IUKP.L.
IUKP.L is categorized as REIT, while IGLN.L is Gold. IUKP.L tracks FTSE EPRA/NAREIT United Kingdom, while IGLN.L tracks LBMA Gold Price. Their fees differ too: 0.40% for IUKP.L and 0.25% for IGLN.L.
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