PHGP.L vs. IUES.L
PHGP.L (WisdomTree Physical Gold) and IUES.L (iShares S&P 500 Energy Sector UCITS ETF USD (Acc)) are both exchange-traded funds - PHGP.L is a Precious Metals fund tracking the Gold, while IUES.L is a Energy Equities fund tracking the MSCI World/Energy NR USD. Both are passively managed. Over the past 10 years, PHGP.L returned 14.02%/yr vs 10.07%/yr for IUES.L. At a correlation of -0.00, they often move in opposite directions. PHGP.L charges 0.39%/yr vs 0.15%/yr for IUES.L.
Performance
PHGP.L vs. IUES.L - Performance Comparison
Loading charts...
Different Trading Currencies
PHGP.L is traded in GBp, while IUES.L is traded in USD. To make them comparable, the IUES.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, PHGP.L achieves a 3.81% return, which is significantly lower than IUES.L's 31.41% return. Over the past 10 years, PHGP.L has outperformed IUES.L with an annualized return of 14.02%, while IUES.L has yielded a comparatively lower 10.07% annualized return.
PHGP.L
- 1D
- 0.71%
- 1M
- -1.41%
- YTD
- 3.81%
- 6M
- 5.28%
- 1Y
- 33.28%
- 3Y*
- 27.79%
- 5Y*
- 19.54%
- 10Y*
- 14.02%
IUES.L
- 1D
- 0.00%
- 1M
- 0.15%
- YTD
- 31.41%
- 6M
- 28.75%
- 1Y
- 48.19%
- 3Y*
- 14.03%
- 5Y*
- 21.71%
- 10Y*
- 10.07%
PHGP.L vs. IUES.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PHGP.L WisdomTree Physical Gold | 3.81% | 53.14% | 27.85% | 6.97% | 11.52% | -3.11% | 19.74% | 14.47% | 4.18% | 1.55% |
IUES.L iShares S&P 500 Energy Sector UCITS ETF USD (Acc) | 30.98% | 1.99% | 5.69% | -5.60% | 83.32% | 53.38% | -35.31% | 4.67% | -13.27% | -9.73% |
Correlation
The correlation between PHGP.L and IUES.L is -0.05, 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 | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.01 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Nov 25, 2015 | -0.00 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PHGP.L vs. IUES.L — Risk / Return Rank
PHGP.L
IUES.L
PHGP.L vs. IUES.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Physical Gold (PHGP.L) and iShares S&P 500 Energy Sector UCITS ETF USD (Acc) (IUES.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.
| PHGP.L | IUES.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.64 | ||
| Sortino ratioReturn per unit of downside risk | -0.68 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.36 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.89 | 2.89 | -1.00 |
| Martin ratioReturn relative to average drawdown | 4.96 | 8.95 | -3.98 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| PHGP.L | IUES.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.44 | 2.08 | -0.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.21 | 0.81 | +0.39 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.89 | 0.36 | +0.53 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 0.36 | +0.30 |
Drawdowns
PHGP.L vs. IUES.L - Drawdown Comparison
The maximum PHGP.L drawdown since its inception was -42.06%, smaller than the maximum IUES.L drawdown of -62.40%. Use the drawdown chart below to compare losses from any high point for PHGP.L and IUES.L.
Loading charts...
Drawdown Indicators
| PHGP.L | IUES.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.06% | -62.40% | +20.34% |
Max Drawdown (1Y)Largest decline over 1 year | -17.49% | -16.59% | -0.90% |
Max Drawdown (3Y)Largest decline over 3 years | -17.49% | -23.92% | +6.43% |
Max Drawdown (5Y)Largest decline over 5 years | -17.49% | -23.92% | +6.43% |
Max Drawdown (10Y)Largest decline over 10 years | -22.37% | -62.40% | +40.03% |
Current DrawdownCurrent decline from peak | -16.07% | -8.77% | -7.30% |
Average DrawdownAverage peak-to-trough decline | -13.50% | -16.00% | +2.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.69% | 5.37% | +1.32% |
Volatility
PHGP.L vs. IUES.L - Volatility Comparison
The current volatility for WisdomTree Physical Gold (PHGP.L) is 5.10%, while iShares S&P 500 Energy Sector UCITS ETF USD (Acc) (IUES.L) has a volatility of 8.73%. This indicates that PHGP.L experiences smaller price fluctuations and is considered to be less risky than IUES.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PHGP.L | IUES.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.10% | 8.73% | -3.63% |
Volatility (6M)Calculated over the trailing 6-month period | 19.93% | 19.54% | +0.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.05% | 23.12% | -0.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.21% | 26.63% | -10.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.80% | 28.23% | -12.43% |
PHGP.L vs. IUES.L - Expense Ratio Comparison
PHGP.L has a 0.39% expense ratio, which is higher than IUES.L's 0.15% expense ratio.
Dividends
PHGP.L vs. IUES.L - Dividend Comparison
Neither PHGP.L nor IUES.L has paid dividends to shareholders.
Frequently Asked Questions
PHGP.L and IUES.L have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IUES.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IUES.L is cheaper with a 0.15% expense ratio, compared with 0.39% for PHGP.L.
PHGP.L is categorized as Precious Metals, while IUES.L is Energy Equities. PHGP.L tracks Gold, while IUES.L tracks MSCI World/Energy NR USD. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.39% for PHGP.L and 0.15% for IUES.L.
Find the right allocation for PHGP.L and IUES.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer