PPFB.DE vs. GRID
PPFB.DE (iShares Physical Gold ETC) and GRID (First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund) are both exchange-traded funds - PPFB.DE is a Gold fund tracking the Gold, while GRID is a Alternative Energy Equities fund tracking the Nasdaq Clean Edge Smart Grid Infrastructure Index. Both are passively managed. Over the past 5 years, PPFB.DE returned 17.85%/yr vs 16.28%/yr for GRID. At a 0.06 correlation, their price movements are largely independent. PPFB.DE charges 0.12%/yr vs 0.70%/yr for GRID.
Performance
PPFB.DE vs. GRID - Performance Comparison
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Different Trading Currencies
PPFB.DE is traded in EUR, while GRID is traded in USD. To make them comparable, the GRID values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, PPFB.DE achieves a -6.38% return, which is significantly lower than GRID's 19.91% return.
PPFB.DE
- 1D
- 0.00%
- 1M
- -4.91%
- 6M
- -11.49%
- YTD
- -6.38%
- 1Y
- 21.76%
- 3Y*
- 25.59%
- 5Y*
- 17.85%
- 10Y*
- —
GRID
- 1D
- 0.14%
- 1M
- -6.02%
- 6M
- 13.78%
- YTD
- 19.91%
- 1Y
- 27.14%
- 3Y*
- 18.65%
- 5Y*
- 16.28%
- 10Y*
- 18.04%
PPFB.DE vs. GRID - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PPFB.DE iShares Physical Gold ETC | -6.38% | 49.11% | 34.17% | 9.42% | 7.03% | 2.86% |
GRID First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund | 19.91% | 14.27% | 22.79% | 17.93% | -8.55% | 15.72% |
Correlation
The correlation between PPFB.DE and GRID is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2021 | 0.06 |
The correlation between PPFB.DE and GRID shifts across timeframes, from 0.06 (5 years) to 0.25 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
PPFB.DE vs. GRID — Risk / Return Rank
PPFB.DE
GRID
PPFB.DE vs. GRID - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Physical Gold ETC (PPFB.DE) and First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID). 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 | GRID | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.43 | ||
| Sortino ratioReturn per unit of downside risk | -0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.23 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.97 | 2.78 | -1.81 |
| Martin ratioReturn relative to average drawdown | 2.28 | 8.29 | -6.01 |
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Drawdowns
PPFB.DE vs. GRID - Drawdown Comparison
The maximum PPFB.DE drawdown since its inception was -22.54%, smaller than the maximum GRID drawdown of -41.27%. Use the drawdown chart below to compare losses from any high point for PPFB.DE and GRID.
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Drawdown Indicators
| PPFB.DE | GRID | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.54% | -41.27% | +18.73% |
Max Drawdown (1Y)Largest decline over 1 year | -22.54% | -9.82% | -12.72% |
Max Drawdown (3Y)Largest decline over 3 years | -22.54% | -24.27% | +1.73% |
Max Drawdown (5Y)Largest decline over 5 years | -22.54% | -24.27% | +1.73% |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.27% | — |
Current DrawdownCurrent decline from peak | -22.54% | -9.70% | -12.84% |
Average DrawdownAverage peak-to-trough decline | -4.80% | -7.09% | +2.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.58% | 3.28% | +6.30% |
Volatility
PPFB.DE vs. GRID - Volatility Comparison
The current volatility for iShares Physical Gold ETC (PPFB.DE) is 6.29%, while First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) has a volatility of 8.48%. This indicates that PPFB.DE experiences smaller price fluctuations and is considered to be less risky than GRID 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 | GRID | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.29% | 8.48% | -2.19% |
Volatility (6M)Calculated over the trailing 6-month period | 21.19% | 17.74% | +3.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.61% | 20.89% | +3.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.46% | 19.95% | -3.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.45% | 22.09% | -5.64% |
PPFB.DE vs. GRID - Expense Ratio Comparison
PPFB.DE has a 0.12% expense ratio, which is lower than GRID's 0.70% expense ratio.
Dividends
PPFB.DE vs. GRID - Dividend Comparison
PPFB.DE has not paid dividends to shareholders, while GRID's dividend yield for the trailing twelve months is around 0.80%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GRID First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund | 0.80% | 1.01% | 1.06% | 1.23% | 1.26% | 0.63% | 0.68% | 1.26% | 1.28% | 1.07% | 1.07% | 1.23% |
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 GRID have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PPFB.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PPFB.DE is cheaper with a 0.12% expense ratio, compared with 0.70% for GRID.
PPFB.DE is categorized as Gold, while GRID is Alternative Energy Equities. PPFB.DE tracks Gold, while GRID tracks Nasdaq Clean Edge Smart Grid Infrastructure Index. They also come from different issuers: iShares and First Trust. Their fees differ too: 0.12% for PPFB.DE and 0.70% for GRID.
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