REMX.L vs. SGLN.L
REMX.L (VanEck Rare Earth and Strategic Metals UCITS ETF) and SGLN.L (iShares Physical Gold ETC) are both exchange-traded funds - REMX.L is a Commodities fund tracking the VanEck Rare Earth and Strategic Metals UCITS ETF, while SGLN.L is a Gold fund tracking the LBMA Gold Price. Both are passively managed. Over the past 3 years, REMX.L returned -3.25%/yr vs 27.43%/yr for SGLN.L. At a 0.24 correlation, their price movements are largely independent. REMX.L charges 0.59%/yr vs 0.12%/yr for SGLN.L.
Performance
REMX.L vs. SGLN.L - Performance Comparison
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Different Trading Currencies
REMX.L is traded in USD, while SGLN.L is traded in GBp. To make them comparable, the SGLN.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, REMX.L achieves a 2.13% return, which is significantly higher than SGLN.L's -5.86% return.
REMX.L
- 1D
- -1.68%
- 1M
- -23.14%
- 6M
- -17.06%
- YTD
- 2.13%
- 1Y
- 60.74%
- 3Y*
- -3.25%
- 5Y*
- —
- 10Y*
- —
SGLN.L
- 1D
- -0.48%
- 1M
- -6.59%
- 6M
- -12.14%
- YTD
- -5.86%
- 1Y
- 21.94%
- 3Y*
- 27.43%
- 5Y*
- 17.42%
- 10Y*
- 11.67%
REMX.L vs. SGLN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
REMX.L VanEck Rare Earth and Strategic Metals UCITS ETF | 2.13% | 88.79% | -35.65% | -18.38% | -30.93% | 7.28% |
SGLN.L iShares Physical Gold ETC | -5.86% | 65.25% | 26.06% | 12.89% | -0.12% | 4.54% |
Correlation
The correlation between REMX.L and SGLN.L is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Sep 24, 2021 | 0.24 |
Over the past year, REMX.L and SGLN.L have become more correlated (0.47) than their long-term average of 0.24, meaning their price movements have been converging.
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Return for Risk
REMX.L vs. SGLN.L — Risk / Return Rank
REMX.L
SGLN.L
REMX.L vs. SGLN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Rare Earth and Strategic Metals UCITS ETF (REMX.L) and iShares Physical Gold ETC (SGLN.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.
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.
| REMX.L | SGLN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.45 | ||
| Sortino ratioReturn per unit of downside risk | +0.64 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.17 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.93 | 0.89 | +1.04 |
| Martin ratioReturn relative to average drawdown | 5.64 | 2.17 | +3.47 |
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Drawdowns
REMX.L vs. SGLN.L - Drawdown Comparison
The maximum REMX.L drawdown since its inception was -73.21%, which is greater than SGLN.L's maximum drawdown of -56.74%. Use the drawdown chart below to compare losses from any high point for REMX.L and SGLN.L.
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Drawdown Indicators
| REMX.L | SGLN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.21% | -56.74% | -16.47% |
Max Drawdown (1Y)Largest decline over 1 year | -31.73% | -24.59% | -7.14% |
Max Drawdown (3Y)Largest decline over 3 years | -60.69% | -24.59% | -36.10% |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.59% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -24.59% | — |
Current DrawdownCurrent decline from peak | -39.14% | -23.60% | -15.54% |
Average DrawdownAverage peak-to-trough decline | -41.58% | -32.94% | -8.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.86% | 10.09% | +0.77% |
Volatility
REMX.L vs. SGLN.L - Volatility Comparison
VanEck Rare Earth and Strategic Metals UCITS ETF (REMX.L) has a higher volatility of 11.26% compared to iShares Physical Gold ETC (SGLN.L) at 6.98%. This indicates that REMX.L's price experiences larger fluctuations and is considered to be riskier than SGLN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| REMX.L | SGLN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.26% | 6.98% | +4.28% |
Volatility (6M)Calculated over the trailing 6-month period | 34.16% | 22.13% | +12.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.91% | 25.64% | +21.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.71% | 22.88% | +31.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.71% | 18.87% | +35.84% |
REMX.L vs. SGLN.L - Expense Ratio Comparison
REMX.L has a 0.59% expense ratio, which is higher than SGLN.L's 0.12% expense ratio.
Dividends
REMX.L vs. SGLN.L - Dividend Comparison
Neither REMX.L nor SGLN.L has paid dividends to shareholders.
Frequently Asked Questions
REMX.L and SGLN.L have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SGLN.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SGLN.L is cheaper with a 0.12% expense ratio, compared with 0.59% for REMX.L.
REMX.L is categorized as Commodities, while SGLN.L is Gold. REMX.L tracks VanEck Rare Earth and Strategic Metals UCITS ETF, while SGLN.L tracks LBMA Gold Price. They also come from different issuers: VanEck and iShares. Their fees differ too: 0.59% for REMX.L and 0.12% for SGLN.L.
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