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MELE.BR vs. EGLN.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

MELE.BR vs. EGLN.L

Last updated Jun 5, 2026

MELE.BR (Melexis NV) is a stock, while EGLN.L (iShares Physical Gold ETC) is Gold fund tracking the LBMA Gold Price. Over the past 5 years, MELE.BR returned 3.71%/yr vs 19.69%/yr for EGLN.L. At a correlation of -0.01, they often move in opposite directions.

Performance

MELE.BR vs. EGLN.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Melexis NV (MELE.BR) and iShares Physical Gold ETC (EGLN.L). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, MELE.BR achieves a 51.43% return, which is significantly higher than EGLN.L's 4.83% return.

MELE.BR

1D
-1.63%
1M
13.52%
YTD
51.43%
6M
41.69%
1Y
35.62%
3Y*
4.33%
5Y*
3.71%
10Y*
8.22%

EGLN.L

1D
0.55%
1M
-3.66%
YTD
4.83%
6M
6.17%
1Y
31.10%
3Y*
28.02%
5Y*
19.69%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

MELE.BR vs. EGLN.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
MELE.BR
Melexis NV		51.43%8.23%-35.08%17.47%-19.89%34.50%23.45%36.43%-37.75%35.83%
EGLN.L
iShares Physical Gold ETC		4.83%46.01%34.32%9.37%6.00%3.85%13.68%20.62%3.36%-1.73%

Correlation

The correlation between MELE.BR and EGLN.L is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.09

Correlation (3Y)
Calculated over the trailing 3-year period

0.05

Correlation (5Y)
Calculated over the trailing 5-year period

0.01

Correlation (All Time)
Calculated using the full available price history since Nov 29, 2016

-0.01

The correlation between MELE.BR and EGLN.L shifts across timeframes, from -0.01 (all time) to 0.09 (1 year), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Melexis NV

iShares Physical Gold ETC

Often compared with MELE.BR:
MELE.BR vs. KTN.DEMELE.BR vs. XZW0.DEMELE.BR vs. ARGXMELE.BR vs. ARMMELE.BR vs. 36BZ.DEMELE.BR vs. 1MC.MIMELE.BR vs. ISX5.L
Often compared with EGLN.L:
EGLN.L vs. 4GLD.DEEGLN.L vs. XAUUSD=XEGLN.L vs. SPGP.LEGLN.L vs. GDXEGLN.L vs. VWRD.LEGLN.L vs. SGLN.LEGLN.L vs. IQQ0.DE

Return for Risk

MELE.BR vs. EGLN.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
MELE.BR
MELE.BR Risk / Return Rank: 6868
Overall Rank
MELE.BR Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
MELE.BR Sortino Ratio Rank: 7070
Sortino Ratio Rank
MELE.BR Omega Ratio Rank: 6767
Omega Ratio Rank
MELE.BR Calmar Ratio Rank: 6565
Calmar Ratio Rank
MELE.BR Martin Ratio Rank: 6262
Martin Ratio Rank
EGLN.L
EGLN.L Risk / Return Rank: 3636
Overall Rank
EGLN.L Sharpe Ratio Rank: 3737
Sharpe Ratio Rank
EGLN.L Sortino Ratio Rank: 3434
Sortino Ratio Rank
EGLN.L Omega Ratio Rank: 4141
Omega Ratio Rank
EGLN.L Calmar Ratio Rank: 3737
Calmar Ratio Rank
EGLN.L Martin Ratio Rank: 3232
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MELE.BR vs. EGLN.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Melexis NV (MELE.BR) and iShares Physical Gold ETC (EGLN.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.

MELE.BREGLN.LDifference
Sharpe ratioReturn per unit of total volatility
1.11
1.30

-0.19

Sortino ratioReturn per unit of downside risk
1.75
1.74

+0.01

Omega ratioGain probability vs. loss probability

1.21

1.26

-0.05

Calmar ratioReturn relative to maximum drawdown

1.21

1.80

-0.59

Martin ratioReturn relative to average drawdown

2.27

4.58

-2.31

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MELE.BR vs. EGLN.L - Sharpe Ratio Comparison

The current MELE.BR Sharpe Ratio is 1.11, which is comparable to the EGLN.L Sharpe Ratio of 1.30. The chart below compares the historical Sharpe Ratios of MELE.BR and EGLN.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

MELE.BREGLN.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.11

1.30

-0.19

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.10

1.22

-1.11

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.23

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.46

0.95

-0.49

Drawdowns

MELE.BR vs. EGLN.L - Drawdown Comparison

The maximum MELE.BR drawdown since its inception was -72.81%, which is greater than EGLN.L's maximum drawdown of -18.35%. Use the drawdown chart below to compare losses from any high point for MELE.BR and EGLN.L.

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Drawdown Indicators

MELE.BREGLN.LDifference

Max Drawdown

Largest peak-to-trough decline

-72.81%

-18.35%

-54.46%

Max Drawdown (1Y)

Largest decline over 1 year

-33.29%

-16.70%

-16.59%

Max Drawdown (3Y)

Largest decline over 3 years

-53.15%

-16.70%

-36.45%

Max Drawdown (5Y)

Largest decline over 5 years

-54.62%

-16.70%

-37.92%

Max Drawdown (10Y)

Largest decline over 10 years

-54.62%

—

—

Current Drawdown

Current decline from peak

-4.85%

-15.21%

+10.36%

Average Drawdown

Average peak-to-trough decline

-17.50%

-6.34%

-11.16%

Ulcer Index

Depth and duration of drawdowns from previous peaks

17.88%

6.57%

+11.31%

Volatility

MELE.BR vs. EGLN.L - Volatility Comparison

Melexis NV (MELE.BR) has a higher volatility of 12.72% compared to iShares Physical Gold ETC (EGLN.L) at 5.42%. This indicates that MELE.BR's price experiences larger fluctuations and is considered to be riskier than EGLN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

MELE.BREGLN.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

12.72%

5.42%

+7.30%

Volatility (6M)

Calculated over the trailing 6-month period

29.23%

20.15%

+9.08%

Volatility (1Y)

Calculated over the trailing 1-year period

36.82%

23.14%

+13.68%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

35.09%

16.17%

+18.92%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

35.81%

14.38%

+21.43%

Dividends

MELE.BR vs. EGLN.L - Dividend Comparison

MELE.BR's dividend yield for the trailing twelve months is around 4.38%, while EGLN.L has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
EGLN.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%
MELE.BR
Melexis NV		4.38%6.43%6.55%3.84%3.21%2.10%2.75%3.28%4.13%2.37%2.99%2.55%

Frequently Asked Questions

MELE.BR and EGLN.L have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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