NTSI vs. IGLD.DE

Last updated Jun 4, 2026

NTSI (WisdomTree International Efficient Core Fund) and IGLD.DE (iShares Physical Gold (EUR Hedged) ETC) are both exchange-traded funds - NTSI is a Global Allocation fund actively managed by WisdomTree, while IGLD.DE is a Precious Metals fund tracking the Gold (EUR Hedged). NTSI is actively managed, while IGLD.DE is passively managed. Over the past 3 years, NTSI returned 14.26%/yr vs 31.53%/yr for IGLD.DE. At a 0.47 correlation, their price movements are largely independent. NTSI charges 0.26%/yr vs 0.25%/yr for IGLD.DE.

Performance

NTSI vs. IGLD.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree International Efficient Core Fund (NTSI) and iShares Physical Gold (EUR Hedged) ETC (IGLD.DE). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

NTSI is traded in USD, while IGLD.DE is traded in EUR. To make them comparable, the IGLD.DE values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, NTSI achieves a 7.18% return, which is significantly higher than IGLD.DE's -1.56% return.

NTSI

• 1D: -0.63%
• 1M: 3.92%
• YTD: 7.18%
• 6M: 8.77%
• 1Y: 20.90%
• 3Y*: 14.26%
• 5Y*: 5.55%
• 10Y*: —

IGLD.DE

• 1D: -1.72%
• 1M: -2.92%
• YTD: -1.56%
• 6M: 3.03%
• 1Y: 31.44%
• 3Y*: 31.53%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

NTSI vs. IGLD.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
NTSI WisdomTree International Efficient Core Fund	7.18%	30.37%	1.11%	15.42%	3.18%
IGLD.DE iShares Physical Gold (EUR Hedged) ETC	-1.56%	84.06%	17.42%	13.98%	7.94%

Correlation

The correlation between NTSI and IGLD.DE is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.44
Correlation (3Y) Calculated over the trailing 3-year period	0.43
Correlation (All Time) Calculated using the full available price history since Jul 8, 2022	0.47

Return for Risk

NTSI vs. IGLD.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NTSI

NTSI Risk / Return Rank: 37
NTSI Sharpe Ratio Rank: 39
NTSI Sortino Ratio Rank: 38
NTSI Omega Ratio Rank: 38
NTSI Calmar Ratio Rank: 34
NTSI Martin Ratio Rank: 39

IGLD.DE

IGLD.DE Risk / Return Rank: 31
IGLD.DE Sharpe Ratio Rank: 31
IGLD.DE Sortino Ratio Rank: 29
IGLD.DE Omega Ratio Rank: 33
IGLD.DE Calmar Ratio Rank: 33
IGLD.DE Martin Ratio Rank: 29

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.

NTSI vs. IGLD.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree International Efficient Core Fund (NTSI) and iShares Physical Gold (EUR Hedged) ETC (IGLD.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.

	NTSI	IGLD.DE	Difference
Sharpe ratio Return per unit of total volatility	1.41	1.16	+0.25
Sortino ratio Return per unit of downside risk	1.98	1.60	+0.38
Omega ratio Gain probability vs. loss probability	1.25	1.21	+0.04
Calmar ratio Return relative to maximum drawdown	1.70	1.54	+0.16
Martin ratio Return relative to average drawdown	6.22	3.89	+2.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NTSI vs. IGLD.DE - Sharpe Ratio Comparison

The current NTSI Sharpe Ratio is 1.41, which is comparable to the IGLD.DE Sharpe Ratio of 1.16. The chart below compares the historical Sharpe Ratios of NTSI and IGLD.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	NTSI	IGLD.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.41	1.16	+0.25
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.36	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	1.27	-0.89

Drawdowns

NTSI vs. IGLD.DE - Drawdown Comparison

The maximum NTSI drawdown since its inception was -34.01%, which is greater than IGLD.DE's maximum drawdown of -20.30%. Use the drawdown chart below to compare losses from any high point for NTSI and IGLD.DE.

Drawdown Indicators

	NTSI	IGLD.DE	Difference
Max Drawdown Largest peak-to-trough decline	-34.01%	-20.30%	-13.71%
Max Drawdown (1Y) Largest decline over 1 year	-12.33%	-20.30%	+7.97%
Max Drawdown (3Y) Largest decline over 3 years	-13.69%	-20.30%	+6.61%
Max Drawdown (5Y) Largest decline over 5 years	-34.01%	—	—
Current Drawdown Current decline from peak	-2.36%	-19.25%	+16.89%
Average Drawdown Average peak-to-trough decline	-9.19%	-4.88%	-4.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.37%	8.06%	-4.69%

Volatility

NTSI vs. IGLD.DE - Volatility Comparison

The current volatility for WisdomTree International Efficient Core Fund (NTSI) is 4.84%, while iShares Physical Gold (EUR Hedged) ETC (IGLD.DE) has a volatility of 7.24%. This indicates that NTSI experiences smaller price fluctuations and is considered to be less risky than IGLD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NTSI	IGLD.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.84%	7.24%	-2.40%
Volatility (6M) Calculated over the trailing 6-month period	12.60%	23.22%	-10.62%
Volatility (1Y) Calculated over the trailing 1-year period	14.95%	27.08%	-12.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.68%	21.71%	-6.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.63%	21.71%	-6.08%

NTSI vs. IGLD.DE - Expense Ratio Comparison

NTSI has a 0.26% expense ratio, which is higher than IGLD.DE's 0.25% 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

NTSI vs. IGLD.DE - Dividend Comparison

NTSI's dividend yield for the trailing twelve months is around 3.51%, while IGLD.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
IGLD.DE iShares Physical Gold (EUR Hedged) ETC	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NTSI WisdomTree International Efficient Core Fund	3.51%	3.65%	2.92%	2.35%	2.66%	0.97%

Frequently Asked Questions

Can I hold both NTSI and IGLD.DE in my portfolio?

NTSI and IGLD.DE have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NTSI or IGLD.DE?

On fees, IGLD.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NTSI or IGLD.DE?

IGLD.DE is cheaper with a 0.25% expense ratio, compared with 0.26% for NTSI.

What is the main difference between NTSI and IGLD.DE?

NTSI is categorized as Global Allocation, while IGLD.DE is Precious Metals. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.26% for NTSI and 0.25% for IGLD.DE.