PHPP.L vs. XGDU.L
PHPP.L (WisdomTree Physical Precious Metals) and XGDU.L (Xtrackers IE Physical Gold ETC Securities) are both Precious Metals funds - PHPP.L tracks the Precious Metals Basket while XGDU.L tracks the Gold. Both are passively managed. Over the past 5 years, PHPP.L returned 12.75%/yr vs 19.89%/yr for XGDU.L. A 0.73 correlation means they provide meaningful diversification when combined. PHPP.L charges 0.44%/yr vs 0.12%/yr for XGDU.L.
Performance
PHPP.L vs. XGDU.L - Performance Comparison
Loading charts...
Different Trading Currencies
PHPP.L is traded in GBp, while XGDU.L is traded in USD. To make them comparable, the XGDU.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, PHPP.L achieves a 0.99% return, which is significantly lower than XGDU.L's 4.19% return.
PHPP.L
- 1D
- 0.37%
- 1M
- -1.92%
- YTD
- 0.99%
- 6M
- 9.62%
- 1Y
- 51.59%
- 3Y*
- 25.31%
- 5Y*
- 12.75%
- 10Y*
- 13.52%
XGDU.L
- 1D
- 0.58%
- 1M
- -1.49%
- YTD
- 4.19%
- 6M
- 5.25%
- 1Y
- 33.63%
- 3Y*
- 28.24%
- 5Y*
- 19.89%
- 10Y*
- —
PHPP.L vs. XGDU.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
PHPP.L WisdomTree Physical Precious Metals | 0.99% | 72.45% | 17.27% | -8.55% | 11.64% | -10.26% | 13.15% |
XGDU.L Xtrackers IE Physical Gold ETC Securities | 4.19% | 52.97% | 28.40% | 7.78% | 11.98% | -3.90% | 1.09% |
Correlation
The correlation between PHPP.L and XGDU.L is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.87 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.84 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.75 |
Correlation (All Time) Calculated using the full available price history since Apr 28, 2020 | 0.73 |
The correlation between PHPP.L and XGDU.L shifts across timeframes, from 0.73 (all time) to 0.87 (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.
Return for Risk
PHPP.L vs. XGDU.L — Risk / Return Rank
PHPP.L
XGDU.L
PHPP.L vs. XGDU.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Physical Precious Metals (PHPP.L) and Xtrackers IE Physical Gold ETC Securities (XGDU.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.
| PHPP.L | XGDU.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.22 | ||
| Sortino ratioReturn per unit of downside risk | +0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.28 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.11 | 1.90 | +0.21 |
| Martin ratioReturn relative to average drawdown | 5.01 | 5.03 | -0.02 |
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
| PHPP.L | XGDU.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.61 | 1.39 | +0.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | 1.19 | -0.60 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.94 | -0.44 |
Drawdowns
PHPP.L vs. XGDU.L - Drawdown Comparison
The maximum PHPP.L drawdown since its inception was -49.43%, which is greater than XGDU.L's maximum drawdown of -22.90%. Use the drawdown chart below to compare losses from any high point for PHPP.L and XGDU.L.
Loading charts...
Drawdown Indicators
| PHPP.L | XGDU.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.43% | -22.90% | -26.53% |
Max Drawdown (1Y)Largest decline over 1 year | -24.37% | -17.64% | -6.73% |
Max Drawdown (3Y)Largest decline over 3 years | -24.37% | -17.64% | -6.73% |
Max Drawdown (5Y)Largest decline over 5 years | -26.89% | -17.64% | -9.25% |
Max Drawdown (10Y)Largest decline over 10 years | -26.89% | — | — |
Current DrawdownCurrent decline from peak | -22.56% | -15.91% | -6.65% |
Average DrawdownAverage peak-to-trough decline | -18.70% | -6.61% | -12.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.26% | 6.67% | +3.59% |
Volatility
PHPP.L vs. XGDU.L - Volatility Comparison
WisdomTree Physical Precious Metals (PHPP.L) has a higher volatility of 7.69% compared to Xtrackers IE Physical Gold ETC Securities (XGDU.L) at 5.97%. This indicates that PHPP.L's price experiences larger fluctuations and is considered to be riskier than XGDU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PHPP.L | XGDU.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.69% | 5.97% | +1.72% |
Volatility (6M)Calculated over the trailing 6-month period | 29.24% | 21.20% | +8.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.86% | 24.12% | +7.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.47% | 16.76% | +4.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.84% | 16.83% | +3.01% |
PHPP.L vs. XGDU.L - Expense Ratio Comparison
PHPP.L has a 0.44% expense ratio, which is higher than XGDU.L's 0.12% expense ratio.
Dividends
PHPP.L vs. XGDU.L - Dividend Comparison
Neither PHPP.L nor XGDU.L has paid dividends to shareholders.
Frequently Asked Questions
PHPP.L and XGDU.L have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XGDU.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XGDU.L is cheaper with a 0.12% expense ratio, compared with 0.44% for PHPP.L.
PHPP.L tracks Precious Metals Basket, while XGDU.L tracks Gold. They also come from different issuers: WisdomTree and Xtrackers. Their fees differ too: 0.44% for PHPP.L and 0.12% for XGDU.L.
Find the right allocation for PHPP.L and XGDU.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