IUST.DE vs. 4GLD.DE
IUST.DE (iShares USD TIPS UCITS ETF USD (Acc)) and 4GLD.DE (Xetra-Gold) are both exchange-traded funds - IUST.DE is a Inflation-Protected Bonds fund tracking the Bloomberg US Government Inflation-Linked Bond, while 4GLD.DE is a Gold fund tracking the LBMA Gold Price. Both are passively managed. Over the past 10 years, IUST.DE returned 2.38%/yr vs 13.36%/yr for 4GLD.DE. At a 0.23 correlation, their price movements are largely independent. IUST.DE charges 0.10%/yr vs 0.00%/yr for 4GLD.DE.
Performance
IUST.DE vs. 4GLD.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IUST.DE achieves a 2.52% return, which is significantly lower than 4GLD.DE's 2.80% return. Over the past 10 years, IUST.DE has underperformed 4GLD.DE with an annualized return of 2.38%, while 4GLD.DE has yielded a comparatively higher 13.36% annualized return.
IUST.DE
- 1D
- -0.11%
- 1M
- 1.13%
- YTD
- 2.52%
- 6M
- 1.46%
- 1Y
- 3.26%
- 3Y*
- 1.05%
- 5Y*
- 1.90%
- 10Y*
- 2.38%
4GLD.DE
- 1D
- 0.57%
- 1M
- -3.60%
- YTD
- 2.80%
- 6M
- 6.23%
- 1Y
- 31.21%
- 3Y*
- 28.18%
- 5Y*
- 19.85%
- 10Y*
- 13.36%
IUST.DE vs. 4GLD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IUST.DE iShares USD TIPS UCITS ETF USD (Acc) | 2.52% | -4.87% | 7.83% | -0.00% | -7.02% | 14.87% | 0.99% | 11.24% | 3.24% | -9.33% |
4GLD.DE Xetra-Gold | 2.80% | 49.32% | 34.57% | 9.32% | 7.12% | 4.03% | 13.05% | 21.25% | 3.20% | -1.67% |
Correlation
The correlation between IUST.DE and 4GLD.DE is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2008 | 0.23 |
The correlation between IUST.DE and 4GLD.DE shifts across timeframes, from -0.13 (1 year) to 0.26 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
IUST.DE vs. 4GLD.DE — Risk / Return Rank
IUST.DE
4GLD.DE
IUST.DE vs. 4GLD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares USD TIPS UCITS ETF USD (Acc) (IUST.DE) and Xetra-Gold (4GLD.DE). 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.
| IUST.DE | 4GLD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.81 | ||
| Sortino ratioReturn per unit of downside risk | -1.00 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.26 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 0.74 | 1.82 | -1.08 |
| Martin ratioReturn relative to average drawdown | 1.93 | 4.63 | -2.70 |
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
| IUST.DE | 4GLD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.50 | 1.31 | -0.81 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.23 | 1.23 | -1.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.30 | 0.92 | -0.63 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 0.65 | -0.21 |
Drawdowns
IUST.DE vs. 4GLD.DE - Drawdown Comparison
The maximum IUST.DE drawdown since its inception was -19.93%, smaller than the maximum 4GLD.DE drawdown of -36.79%. Use the drawdown chart below to compare losses from any high point for IUST.DE and 4GLD.DE.
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Drawdown Indicators
| IUST.DE | 4GLD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.93% | -36.79% | +16.86% |
Max Drawdown (1Y)Largest decline over 1 year | -4.00% | -16.54% | +12.54% |
Max Drawdown (3Y)Largest decline over 3 years | -10.75% | -16.54% | +5.79% |
Max Drawdown (5Y)Largest decline over 5 years | -15.19% | -16.54% | +1.35% |
Max Drawdown (10Y)Largest decline over 10 years | -15.81% | -18.23% | +2.42% |
Current DrawdownCurrent decline from peak | -8.09% | -14.95% | +6.86% |
Average DrawdownAverage peak-to-trough decline | -6.85% | -11.83% | +4.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.54% | 6.52% | -4.98% |
Volatility
IUST.DE vs. 4GLD.DE - Volatility Comparison
The current volatility for iShares USD TIPS UCITS ETF USD (Acc) (IUST.DE) is 0.74%, while Xetra-Gold (4GLD.DE) has a volatility of 5.09%. This indicates that IUST.DE experiences smaller price fluctuations and is considered to be less risky than 4GLD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IUST.DE | 4GLD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.74% | 5.09% | -4.35% |
Volatility (6M)Calculated over the trailing 6-month period | 4.05% | 20.09% | -16.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.92% | 23.06% | -17.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.29% | 16.00% | -7.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.00% | 14.37% | -6.37% |
IUST.DE vs. 4GLD.DE - Expense Ratio Comparison
IUST.DE has a 0.10% expense ratio, which is higher than 4GLD.DE's 0.00% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
IUST.DE vs. 4GLD.DE - Dividend Comparison
Neither IUST.DE nor 4GLD.DE has paid dividends to shareholders.
Frequently Asked Questions
IUST.DE and 4GLD.DE have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 4GLD.DE is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.
4GLD.DE is cheaper with a 0.00% expense ratio, compared with 0.10% for IUST.DE.
IUST.DE is categorized as Inflation-Protected Bonds, while 4GLD.DE is Gold. IUST.DE tracks Bloomberg US Government Inflation-Linked Bond, while 4GLD.DE tracks LBMA Gold Price. They also come from different issuers: iShares and Deutsche Börse Commodities. Their fees differ too: 0.10% for IUST.DE and 0.00% for 4GLD.DE.
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