PPFB.DE vs. BESI.AS
PPFB.DE (iShares Physical Gold ETC) is Precious Metals fund tracking the Gold, while BESI.AS (BE Semiconductor Industries NV) is a stock. Over the past 3 years, PPFB.DE returned 28.05%/yr vs 49.02%/yr for BESI.AS. At a correlation of -0.00, they often move in opposite directions.
Performance
PPFB.DE vs. BESI.AS - Performance Comparison
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Returns By Period
In the year-to-date period, PPFB.DE achieves a 2.74% return, which is significantly lower than BESI.AS's 138.50% return.
PPFB.DE
- 1D
- 0.61%
- 1M
- -4.00%
- YTD
- 2.74%
- 6M
- 5.47%
- 1Y
- 31.35%
- 3Y*
- 28.05%
- 5Y*
- —
- 10Y*
- —
BESI.AS
- 1D
- 2.96%
- 1M
- 22.77%
- YTD
- 138.50%
- 6M
- 141.48%
- 1Y
- 159.88%
- 3Y*
- 49.02%
- 5Y*
- 38.16%
- 10Y*
- 45.97%
PPFB.DE vs. BESI.AS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PPFB.DE iShares Physical Gold ETC | 2.74% | 49.11% | 34.17% | 9.42% | 7.03% | 2.86% |
BESI.AS BE Semiconductor Industries NV | 138.50% | 3.45% | -1.42% | 149.92% | -19.95% | 9.04% |
Correlation
The correlation between PPFB.DE and BESI.AS is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2021 | -0.00 |
The correlation between PPFB.DE and BESI.AS shifts across timeframes, from -0.00 (all time) to 0.15 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
PPFB.DE vs. BESI.AS — Risk / Return Rank
PPFB.DE
BESI.AS
PPFB.DE vs. BESI.AS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Physical Gold ETC (PPFB.DE) and BE Semiconductor Industries NV (BESI.AS). 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.
| PPFB.DE | BESI.AS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.86 | ||
| Sortino ratioReturn per unit of downside risk | -1.58 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.46 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 1.81 | 7.51 | -5.70 |
| Martin ratioReturn relative to average drawdown | 4.60 | 22.09 | -17.49 |
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Drawdowns
PPFB.DE vs. BESI.AS - Drawdown Comparison
The maximum PPFB.DE drawdown since its inception was -16.60%, smaller than the maximum BESI.AS drawdown of -78.85%. Use the drawdown chart below to compare losses from any high point for PPFB.DE and BESI.AS.
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Drawdown Indicators
| PPFB.DE | BESI.AS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.60% | -78.85% | +62.25% |
Max Drawdown (1Y)Largest decline over 1 year | -16.60% | -20.90% | +4.30% |
Max Drawdown (3Y)Largest decline over 3 years | -16.60% | -54.52% | +37.92% |
Max Drawdown (5Y)Largest decline over 5 years | — | -54.52% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -58.19% | — |
Current DrawdownCurrent decline from peak | -15.00% | 0.00% | -15.00% |
Average DrawdownAverage peak-to-trough decline | -4.42% | -20.04% | +15.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.55% | 7.15% | -0.60% |
Volatility
PPFB.DE vs. BESI.AS - Volatility Comparison
The current volatility for iShares Physical Gold ETC (PPFB.DE) is 5.11%, while BE Semiconductor Industries NV (BESI.AS) has a volatility of 12.61%. This indicates that PPFB.DE experiences smaller price fluctuations and is considered to be less risky than BESI.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PPFB.DE | BESI.AS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.11% | 12.61% | -7.50% |
Volatility (6M)Calculated over the trailing 6-month period | 20.18% | 39.56% | -19.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.12% | 49.79% | -26.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.13% | 47.39% | -31.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.13% | 44.04% | -27.91% |
Dividends
PPFB.DE vs. BESI.AS - Dividend Comparison
PPFB.DE has not paid dividends to shareholders, while BESI.AS's dividend yield for the trailing twelve months is around 0.50%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BESI.AS BE Semiconductor Industries NV | 0.50% | 1.63% | 1.63% | 2.09% | 5.89% | 2.27% | 2.04% | 4.85% | 25.11% | 3.98% | 1.26% | 16.16% |
PPFB.DE 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% |
Frequently Asked Questions
PPFB.DE and BESI.AS have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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