SGLN.L vs. FLXI.DE
SGLN.L (iShares Physical Gold ETC) and FLXI.DE (Franklin FTSE India UCITS ETF) are both exchange-traded funds - SGLN.L is a Gold fund tracking the LBMA Gold Price, while FLXI.DE is a Asia Pacific Equities fund tracking the FTSE India 30/18 Capped. Both are passively managed. Over the past 5 years, SGLN.L returned 18.64%/yr vs 5.51%/yr for FLXI.DE. At a 0.06 correlation, their price movements are largely independent. SGLN.L charges 0.12%/yr vs 0.19%/yr for FLXI.DE.
Performance
SGLN.L vs. FLXI.DE - Performance Comparison
Loading charts...
Different Trading Currencies
SGLN.L is traded in GBp, while FLXI.DE is traded in EUR. To make them comparable, the FLXI.DE values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, SGLN.L achieves a -1.83% return, which is significantly higher than FLXI.DE's -9.34% return.
SGLN.L
- 1D
- 2.90%
- 1M
- -9.54%
- YTD
- -1.83%
- 6M
- -1.90%
- 1Y
- 24.78%
- 3Y*
- 26.65%
- 5Y*
- 18.64%
- 10Y*
- 13.01%
FLXI.DE
- 1D
- 2.20%
- 1M
- 1.89%
- YTD
- -9.34%
- 6M
- -8.59%
- 1Y
- -9.24%
- 3Y*
- 4.06%
- 5Y*
- 5.51%
- 10Y*
- —
SGLN.L vs. FLXI.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SGLN.L iShares Physical Gold ETC | -1.83% | 53.66% | 28.20% | 7.24% | 11.84% | -2.82% | 19.93% | 2.65% |
FLXI.DE Franklin FTSE India UCITS ETF | -9.34% | -3.97% | 11.87% | 14.94% | 3.58% | 25.96% | 7.62% | -3.61% |
Correlation
The correlation between SGLN.L and FLXI.DE is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2019 | 0.06 |
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
SGLN.L vs. FLXI.DE — Risk / Return Rank
SGLN.L
FLXI.DE
SGLN.L vs. FLXI.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Physical Gold ETC (SGLN.L) and Franklin FTSE India UCITS ETF (FLXI.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.
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.
| SGLN.L | FLXI.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.71 | ||
| Sortino ratioReturn per unit of downside risk | +2.31 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 0.91 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 1.13 | -0.52 | +1.65 |
| Martin ratioReturn relative to average drawdown | 3.51 | -1.12 | +4.63 |
Loading charts...
Drawdowns
SGLN.L vs. FLXI.DE - Drawdown Comparison
The maximum SGLN.L drawdown since its inception was -53.23%, which is greater than FLXI.DE's maximum drawdown of -36.63%. Use the drawdown chart below to compare losses from any high point for SGLN.L and FLXI.DE.
Loading charts...
Drawdown Indicators
| SGLN.L | FLXI.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.23% | -36.63% | -16.60% |
Max Drawdown (1Y)Largest decline over 1 year | -22.87% | -17.68% | -5.19% |
Max Drawdown (3Y)Largest decline over 3 years | -22.87% | -22.12% | -0.75% |
Max Drawdown (5Y)Largest decline over 5 years | -22.87% | -22.12% | -0.75% |
Max Drawdown (10Y)Largest decline over 10 years | -22.87% | — | — |
Current DrawdownCurrent decline from peak | -20.64% | -18.24% | -2.40% |
Average DrawdownAverage peak-to-trough decline | -24.70% | -7.22% | -17.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.37% | 8.22% | -0.85% |
Volatility
SGLN.L vs. FLXI.DE - Volatility Comparison
iShares Physical Gold ETC (SGLN.L) has a higher volatility of 6.68% compared to Franklin FTSE India UCITS ETF (FLXI.DE) at 4.69%. This indicates that SGLN.L's price experiences larger fluctuations and is considered to be riskier than FLXI.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SGLN.L | FLXI.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.68% | 4.69% | +1.99% |
Volatility (6M)Calculated over the trailing 6-month period | 20.78% | 12.43% | +8.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.82% | 14.84% | +8.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.84% | 15.77% | +6.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.84% | 19.55% | -0.71% |
SGLN.L vs. FLXI.DE - Expense Ratio Comparison
SGLN.L has a 0.12% expense ratio, which is lower than FLXI.DE's 0.19% 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
SGLN.L vs. FLXI.DE - Dividend Comparison
Neither SGLN.L nor FLXI.DE has paid dividends to shareholders.
Frequently Asked Questions
SGLN.L and FLXI.DE have a correlation of 0.07, 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 0.19% for FLXI.DE.
SGLN.L is categorized as Gold, while FLXI.DE is Asia Pacific Equities. SGLN.L tracks LBMA Gold Price, while FLXI.DE tracks FTSE India 30/18 Capped. They also come from different issuers: iShares and Franklin Templeton. Their fees differ too: 0.12% for SGLN.L and 0.19% for FLXI.DE.
Find the right allocation for SGLN.L and FLXI.DE
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