R1GB.L vs. PRPFX

Last updated Jun 5, 2026

R1GB.L (iShares Russell 1000 Growth UCITS ETF USD Acc) and PRPFX (Permanent Portfolio Permanent Portfolio) are both funds - R1GB.L is a Large Cap Growth Equities fund tracking the Russell 1000 Growth UCITS 30/18 Capped Net Tax 15% Index, while PRPFX is a Diversified Portfolio fund managed by Permanent Portfolio. Over the past year, R1GB.L returned 26.52% vs 24.40% for PRPFX. At a 0.31 correlation, their price movements are largely independent. R1GB.L charges 0.18%/yr vs 0.81%/yr for PRPFX.

Performance

R1GB.L vs. PRPFX - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares Russell 1000 Growth UCITS ETF USD Acc (R1GB.L) and Permanent Portfolio Permanent Portfolio (PRPFX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

R1GB.L is traded in GBP, while PRPFX is traded in USD. To make them comparable, the PRPFX values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, R1GB.L achieves a 6.65% return, which is significantly lower than PRPFX's 7.18% return.

R1GB.L

• 1D: -0.19%
• 1M: 6.28%
• YTD: 6.65%
• 6M: 6.01%
• 1Y: 26.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PRPFX

• 1D: -0.13%
• 1M: 1.91%
• YTD: 7.18%
• 6M: 8.32%
• 1Y: 24.40%
• 3Y*: 18.48%
• 5Y*: 12.77%
• 10Y*: 11.94%

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

R1GB.L vs. PRPFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
R1GB.L iShares Russell 1000 Growth UCITS ETF USD Acc	6.65%	9.47%	-13.92%
PRPFX Permanent Portfolio Permanent Portfolio	7.18%	19.60%	9.54%

Correlation

The correlation between R1GB.L and PRPFX is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (All Time) Calculated using the full available price history since Jul 9, 2024	0.31

Return for Risk

R1GB.L vs. PRPFX — Risk / Return Rank

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

R1GB.L

R1GB.L Risk / Return Rank: 45
R1GB.L Sharpe Ratio Rank: 54
R1GB.L Sortino Ratio Rank: 53
R1GB.L Omega Ratio Rank: 52
R1GB.L Calmar Ratio Rank: 35
R1GB.L Martin Ratio Rank: 32

PRPFX

PRPFX Risk / Return Rank: 43
PRPFX Sharpe Ratio Rank: 42
PRPFX Sortino Ratio Rank: 31
PRPFX Omega Ratio Rank: 49
PRPFX Calmar Ratio Rank: 57
PRPFX Martin Ratio Rank: 37

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.

R1GB.L vs. PRPFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Russell 1000 Growth UCITS ETF USD Acc (R1GB.L) and Permanent Portfolio Permanent Portfolio (PRPFX). 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.

	R1GB.L	PRPFX	Difference
Sharpe ratio: Return per unit of total volatility	1.82	2.10	-0.28
Sortino ratio: Return per unit of downside risk	2.50	2.61	-0.11
Omega ratio: Gain probability vs. loss probability	1.32	1.43	-0.11
Calmar ratio: Return relative to maximum drawdown	1.68	3.56	-1.88
Martin ratio: Return relative to average drawdown	4.64	9.56	-4.92
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

R1GB.L vs. PRPFX - Sharpe Ratio Comparison

The current R1GB.L Sharpe Ratio is 1.82, which is comparable to the PRPFX Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of R1GB.L and PRPFX, 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

	R1GB.L	PRPFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.82	2.10	-0.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.27	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.06	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.01	0.93	-0.92

Drawdowns

R1GB.L vs. PRPFX - Drawdown Comparison

The maximum R1GB.L drawdown since its inception was -33.43%, which is greater than PRPFX's maximum drawdown of -14.55%. Use the drawdown chart below to compare losses from any high point for R1GB.L and PRPFX.

Drawdown Indicators

	R1GB.L	PRPFX	Difference
Max Drawdown Largest peak-to-trough decline	-33.43%	-14.55%	-18.88%
Max Drawdown (1Y) Largest decline over 1 year	-15.75%	-6.87%	-8.88%
Max Drawdown (3Y) Largest decline over 3 years	—	-10.47%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-10.47%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-14.35%	—
Current Drawdown Current decline from peak	-1.23%	-3.92%	+2.69%
Average Drawdown Average peak-to-trough decline	-15.36%	-3.40%	-11.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.70%	2.55%	+3.15%

Volatility

R1GB.L vs. PRPFX - Volatility Comparison

iShares Russell 1000 Growth UCITS ETF USD Acc (R1GB.L) has a higher volatility of 3.68% compared to Permanent Portfolio Permanent Portfolio (PRPFX) at 2.24%. This indicates that R1GB.L's price experiences larger fluctuations and is considered to be riskier than PRPFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	R1GB.L	PRPFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.68%	2.24%	+1.44%
Volatility (6M) Calculated over the trailing 6-month period	10.12%	10.19%	-0.07%
Volatility (1Y) Calculated over the trailing 1-year period	14.51%	11.68%	+2.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.56%	10.13%	+14.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.56%	11.33%	+13.23%

R1GB.L vs. PRPFX - Expense Ratio Comparison

R1GB.L has a 0.18% expense ratio, which is lower than PRPFX's 0.81% expense ratio.

Dividends

R1GB.L vs. PRPFX - Dividend Comparison

R1GB.L has not paid dividends to shareholders, while PRPFX's dividend yield for the trailing twelve months is around 3.06%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PRPFX Permanent Portfolio Permanent Portfolio	3.06%	3.27%	1.86%	1.39%	1.58%	2.05%	5.38%	4.69%	6.90%	2.14%	0.95%	7.06%
R1GB.L iShares Russell 1000 Growth UCITS ETF USD Acc	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

Can I hold both R1GB.L and PRPFX in my portfolio?

R1GB.L and PRPFX have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.