SGJP.L vs. IGLN.L
SGJP.L (iShares MSCI Japan ESG Screened UCITS ETF USD (Acc)) and IGLN.L (iShares Physical Gold ETC) are both exchange-traded funds - SGJP.L is a Japan Equities fund tracking the TOPIX TR JPY, while IGLN.L is a Gold fund tracking the LBMA Gold Price. Both are passively managed. Over the past 3 years, SGJP.L returned 15.15%/yr vs 28.23%/yr for IGLN.L. At a 0.10 correlation, their price movements are largely independent. SGJP.L charges 0.15%/yr vs 0.25%/yr for IGLN.L.
Performance
SGJP.L vs. IGLN.L - Performance Comparison
Loading charts...
Different Trading Currencies
SGJP.L is traded in GBP, while IGLN.L is traded in USD. To make them comparable, the IGLN.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, SGJP.L achieves a 17.03% return, which is significantly higher than IGLN.L's 4.09% return.
SGJP.L
- 1D
- -0.43%
- 1M
- 4.16%
- YTD
- 17.03%
- 6M
- 16.27%
- 1Y
- 35.44%
- 3Y*
- 15.15%
- 5Y*
- —
- 10Y*
- —
IGLN.L
- 1D
- 0.64%
- 1M
- -3.55%
- YTD
- 4.09%
- 6M
- 5.27%
- 1Y
- 34.54%
- 3Y*
- 28.23%
- 5Y*
- 19.89%
- 10Y*
- 14.26%
SGJP.L vs. IGLN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SGJP.L iShares MSCI Japan ESG Screened UCITS ETF USD (Acc) | 17.03% | 16.65% | 8.33% | 13.55% | -7.58% | 2.94% |
IGLN.L iShares Physical Gold ETC | 4.09% | 53.17% | 28.35% | 7.77% | 11.79% | 5.18% |
Correlation
The correlation between SGJP.L and IGLN.L 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 | 0.13 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 2021 | 0.10 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SGJP.L vs. IGLN.L — Risk / Return Rank
SGJP.L
IGLN.L
SGJP.L vs. IGLN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Japan ESG Screened UCITS ETF USD (Acc) (SGJP.L) and iShares Physical Gold ETC (IGLN.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.
| SGJP.L | IGLN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.47 | ||
| Sortino ratioReturn per unit of downside risk | +0.86 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.28 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.17 | 1.91 | +1.26 |
| Martin ratioReturn relative to average drawdown | 10.33 | 5.09 | +5.25 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SGJP.L | IGLN.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.86 | 1.39 | +0.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.18 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.87 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.52 | +0.10 |
Drawdowns
SGJP.L vs. IGLN.L - Drawdown Comparison
The maximum SGJP.L drawdown since its inception was -18.79%, smaller than the maximum IGLN.L drawdown of -41.86%. Use the drawdown chart below to compare losses from any high point for SGJP.L and IGLN.L.
Loading charts...
Drawdown Indicators
| SGJP.L | IGLN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.79% | -41.86% | +23.07% |
Max Drawdown (1Y)Largest decline over 1 year | -10.77% | -17.53% | +6.76% |
Max Drawdown (3Y)Largest decline over 3 years | -14.67% | -17.53% | +2.86% |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.53% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -22.37% | — |
Current DrawdownCurrent decline from peak | -0.43% | -15.78% | +15.35% |
Average DrawdownAverage peak-to-trough decline | -6.13% | -14.94% | +8.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.31% | 6.59% | -3.28% |
Volatility
SGJP.L vs. IGLN.L - Volatility Comparison
The current volatility for iShares MSCI Japan ESG Screened UCITS ETF USD (Acc) (SGJP.L) is 4.09%, while iShares Physical Gold ETC (IGLN.L) has a volatility of 5.91%. This indicates that SGJP.L experiences smaller price fluctuations and is considered to be less risky than IGLN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SGJP.L | IGLN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.09% | 5.91% | -1.82% |
Volatility (6M)Calculated over the trailing 6-month period | 14.78% | 21.10% | -6.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.42% | 24.06% | -5.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.94% | 16.80% | -0.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.94% | 16.34% | -0.40% |
SGJP.L vs. IGLN.L - Expense Ratio Comparison
SGJP.L has a 0.15% expense ratio, which is lower than IGLN.L's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
SGJP.L vs. IGLN.L - Dividend Comparison
Neither SGJP.L nor IGLN.L has paid dividends to shareholders.
Frequently Asked Questions
SGJP.L and IGLN.L 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.
On fees, SGJP.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SGJP.L is cheaper with a 0.15% expense ratio, compared with 0.25% for IGLN.L.
SGJP.L is categorized as Japan Equities, while IGLN.L is Gold. SGJP.L tracks TOPIX TR JPY, while IGLN.L tracks LBMA Gold Price. Their fees differ too: 0.15% for SGJP.L and 0.25% for IGLN.L.
Find the right allocation for SGJP.L and IGLN.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer