LGGG.L vs. SGLN.L
LGGG.L (L&G Global Equity UCITS ETF) and SGLN.L (iShares Physical Gold ETC) are both exchange-traded funds - LGGG.L is a Global Equities fund tracking the MSCI ACWI NR USD, while SGLN.L is a Gold fund tracking the LBMA Gold Price. Both are passively managed. Over the past 5 years, LGGG.L returned 12.78%/yr vs 18.64%/yr for SGLN.L. At a 0.06 correlation, their price movements are largely independent. LGGG.L charges 0.10%/yr vs 0.12%/yr for SGLN.L.
Performance
LGGG.L vs. SGLN.L - Performance Comparison
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Returns By Period
In the year-to-date period, LGGG.L achieves a 8.87% return, which is significantly higher than SGLN.L's -1.83% return.
LGGG.L
- 1D
- 1.52%
- 1M
- 0.35%
- YTD
- 8.87%
- 6M
- 9.38%
- 1Y
- 25.53%
- 3Y*
- 17.25%
- 5Y*
- 12.78%
- 10Y*
- —
SGLN.L
- 1D
- 2.90%
- 1M
- -9.54%
- YTD
- -1.83%
- 6M
- -1.90%
- 1Y
- 24.78%
- 3Y*
- 26.65%
- 5Y*
- 18.64%
- 10Y*
- 13.01%
LGGG.L vs. SGLN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
LGGG.L L&G Global Equity UCITS ETF | 8.87% | 12.92% | 21.13% | 18.08% | -8.24% | 23.53% | 12.41% | 22.99% | -27.80% |
SGLN.L iShares Physical Gold ETC | -1.83% | 53.66% | 28.20% | 7.24% | 11.84% | -2.82% | 19.93% | 14.63% | 7.46% |
Correlation
The correlation between LGGG.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 | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Nov 9, 2018 | 0.06 |
The correlation between LGGG.L and SGLN.L shifts across timeframes, from 0.05 (5 years) to 0.19 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
LGGG.L vs. SGLN.L — Risk / Return Rank
LGGG.L
SGLN.L
LGGG.L vs. SGLN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Global Equity UCITS ETF (LGGG.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.
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.
| LGGG.L | SGLN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.30 | ||
| Sortino ratioReturn per unit of downside risk | +1.82 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.22 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 3.72 | 1.13 | +2.59 |
| Martin ratioReturn relative to average drawdown | 14.54 | 3.51 | +11.03 |
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Drawdowns
LGGG.L vs. SGLN.L - Drawdown Comparison
The maximum LGGG.L drawdown since its inception was -30.19%, smaller than the maximum SGLN.L drawdown of -53.23%. Use the drawdown chart below to compare losses from any high point for LGGG.L and SGLN.L.
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Drawdown Indicators
| LGGG.L | SGLN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.19% | -53.23% | +23.04% |
Max Drawdown (1Y)Largest decline over 1 year | -6.67% | -22.87% | +16.20% |
Max Drawdown (3Y)Largest decline over 3 years | -19.95% | -22.87% | +2.92% |
Max Drawdown (5Y)Largest decline over 5 years | -19.95% | -22.87% | +2.92% |
Max Drawdown (10Y)Largest decline over 10 years | — | -22.87% | — |
Current DrawdownCurrent decline from peak | -1.28% | -20.64% | +19.36% |
Average DrawdownAverage peak-to-trough decline | -7.21% | -24.70% | +17.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.71% | 7.37% | -5.66% |
Volatility
LGGG.L vs. SGLN.L - Volatility Comparison
The current volatility for L&G Global Equity UCITS ETF (LGGG.L) is 3.26%, while iShares Physical Gold ETC (SGLN.L) has a volatility of 6.68%. This indicates that LGGG.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
| LGGG.L | SGLN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.26% | 6.68% | -3.42% |
Volatility (6M)Calculated over the trailing 6-month period | 7.66% | 20.78% | -13.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.41% | 23.82% | -13.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.10% | 21.84% | -2.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.40% | 18.84% | +1.56% |
LGGG.L vs. SGLN.L - Expense Ratio Comparison
LGGG.L has a 0.10% expense ratio, which is lower than SGLN.L's 0.12% 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
LGGG.L vs. SGLN.L - Dividend Comparison
Neither LGGG.L nor SGLN.L has paid dividends to shareholders.
Frequently Asked Questions
LGGG.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, LGGG.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LGGG.L is cheaper with a 0.10% expense ratio, compared with 0.12% for SGLN.L.
LGGG.L is categorized as Global Equities, while SGLN.L is Gold. LGGG.L tracks MSCI ACWI NR USD, while SGLN.L tracks LBMA Gold Price. They also come from different issuers: Legal & General and iShares. Their fees differ too: 0.10% for LGGG.L and 0.12% for SGLN.L.
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