RM8U.DE vs. WGLD.DE
RM8U.DE (HANetf The Royal Mint Responsibly Sourced Physical Gold ETC) and WGLD.DE (WisdomTree Core Physical Gold) are both Precious Metals funds tracking the Gold, from HANetf and WisdomTree respectively. Both are passively managed. Over the past 5 years, RM8U.DE returned 19.57%/yr vs 19.71%/yr for WGLD.DE. With a 0.99 correlation, they move nearly in lockstep. RM8U.DE charges 0.22%/yr vs 0.12%/yr for WGLD.DE.
Performance
RM8U.DE vs. WGLD.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with RM8U.DE having a 2.70% return and WGLD.DE slightly higher at 2.75%.
RM8U.DE
- 1D
- 0.59%
- 1M
- -1.56%
- YTD
- 2.70%
- 6M
- 6.33%
- 1Y
- 30.06%
- 3Y*
- 27.86%
- 5Y*
- 19.57%
- 10Y*
- —
WGLD.DE
- 1D
- 0.59%
- 1M
- -1.57%
- YTD
- 2.75%
- 6M
- 6.40%
- 1Y
- 30.17%
- 3Y*
- 28.03%
- 5Y*
- 19.71%
- 10Y*
- —
RM8U.DE vs. WGLD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
RM8U.DE HANetf The Royal Mint Responsibly Sourced Physical Gold ETC | 2.70% | 48.89% | 34.03% | 9.20% | 6.98% | 9.57% |
WGLD.DE WisdomTree Core Physical Gold | 2.75% | 49.08% | 34.17% | 9.39% | 7.07% | 9.65% |
Correlation
The correlation between RM8U.DE and WGLD.DE is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 1.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 1.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since Mar 16, 2021 | 0.99 |
The correlation between RM8U.DE and WGLD.DE has been stable across timeframes, ranging from 0.99 to 1.00 - a consistent structural relationship.
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Return for Risk
RM8U.DE vs. WGLD.DE — Risk / Return Rank
RM8U.DE
WGLD.DE
RM8U.DE vs. WGLD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HANetf The Royal Mint Responsibly Sourced Physical Gold ETC (RM8U.DE) and WisdomTree Core Physical Gold (WGLD.DE). 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.
| RM8U.DE | WGLD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | 0.00 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.26 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.81 | 1.81 | 0.00 |
| Martin ratioReturn relative to average drawdown | 4.58 | 4.60 | -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. | |||
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Sharpe Ratios by Period
| RM8U.DE | WGLD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.30 | 1.30 | 0.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.21 | 1.21 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.01 | 1.27 | -0.27 |
Drawdowns
RM8U.DE vs. WGLD.DE - Drawdown Comparison
The maximum RM8U.DE drawdown since its inception was -18.51%, which is greater than WGLD.DE's maximum drawdown of -16.58%. Use the drawdown chart below to compare losses from any high point for RM8U.DE and WGLD.DE.
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Drawdown Indicators
| RM8U.DE | WGLD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.51% | -16.58% | -1.93% |
Max Drawdown (1Y)Largest decline over 1 year | -16.54% | -16.58% | +0.04% |
Max Drawdown (3Y)Largest decline over 3 years | -16.54% | -16.58% | +0.04% |
Max Drawdown (5Y)Largest decline over 5 years | -16.54% | -16.58% | +0.04% |
Current DrawdownCurrent decline from peak | -15.01% | -14.99% | -0.02% |
Average DrawdownAverage peak-to-trough decline | -6.13% | -4.27% | -1.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.55% | 6.54% | +0.01% |
Volatility
RM8U.DE vs. WGLD.DE - Volatility Comparison
HANetf The Royal Mint Responsibly Sourced Physical Gold ETC (RM8U.DE) and WisdomTree Core Physical Gold (WGLD.DE) have volatilities of 5.04% and 5.05%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RM8U.DE | WGLD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.04% | 5.05% | -0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 20.04% | 20.18% | -0.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.03% | 23.13% | -0.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.99% | 16.05% | -0.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.17% | 15.88% | +0.29% |
RM8U.DE vs. WGLD.DE - Expense Ratio Comparison
RM8U.DE has a 0.22% expense ratio, which is higher than WGLD.DE's 0.12% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
RM8U.DE vs. WGLD.DE - Dividend Comparison
Neither RM8U.DE nor WGLD.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 1.00, RM8U.DE and WGLD.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, WGLD.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WGLD.DE is cheaper with a 0.12% expense ratio, compared with 0.22% for RM8U.DE.
Both ETFs track Gold. They also come from different issuers: HANetf and WisdomTree. Their fees differ too: 0.22% for RM8U.DE and 0.12% for WGLD.DE.
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