SGLN.L vs. GBSP.L
Compare and contrast key facts about iShares Physical Gold ETC (SGLN.L) and WisdomTree Physical Gold - GBP Daily Hedged (GBSP.L).
SGLN.L and GBSP.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SGLN.L is a passively managed fund by iShares that tracks the performance of the LBMA Gold Price. It was launched on Apr 8, 2011. GBSP.L is a passively managed fund by WisdomTree that tracks the performance of the Gold (GBP Hedged). It was launched on Mar 18, 2013. Both SGLN.L and GBSP.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SGLN.L or GBSP.L.
Correlation
The correlation between SGLN.L and GBSP.L is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SGLN.L vs. GBSP.L - Performance Comparison
Key characteristics
SGLN.L:
2.42
GBSP.L:
2.37
SGLN.L:
3.29
GBSP.L:
2.98
SGLN.L:
1.43
GBSP.L:
1.40
SGLN.L:
5.52
GBSP.L:
4.22
SGLN.L:
12.53
GBSP.L:
11.40
SGLN.L:
2.71%
GBSP.L:
3.00%
SGLN.L:
14.02%
GBSP.L:
14.40%
SGLN.L:
-41.71%
GBSP.L:
-37.30%
SGLN.L:
-3.71%
GBSP.L:
-0.92%
Returns By Period
In the year-to-date period, SGLN.L achieves a 8.53% return, which is significantly lower than GBSP.L's 11.66% return. Over the past 10 years, SGLN.L has outperformed GBSP.L with an annualized return of 11.08%, while GBSP.L has yielded a comparatively lower 7.28% annualized return.
SGLN.L
8.53%
-0.72%
18.58%
34.24%
11.86%
11.08%
GBSP.L
11.66%
2.58%
16.03%
34.89%
10.21%
7.28%
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SGLN.L vs. GBSP.L - Expense Ratio Comparison
Risk-Adjusted Performance
SGLN.L vs. GBSP.L — Risk-Adjusted Performance Rank
SGLN.L
GBSP.L
SGLN.L vs. GBSP.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Physical Gold ETC (SGLN.L) and WisdomTree Physical Gold - GBP Daily Hedged (GBSP.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.
Dividends
SGLN.L vs. GBSP.L - Dividend Comparison
Neither SGLN.L nor GBSP.L has paid dividends to shareholders.
Drawdowns
SGLN.L vs. GBSP.L - Drawdown Comparison
The maximum SGLN.L drawdown since its inception was -41.71%, which is greater than GBSP.L's maximum drawdown of -37.30%. Use the drawdown chart below to compare losses from any high point for SGLN.L and GBSP.L. For additional features, visit the drawdowns tool.
Volatility
SGLN.L vs. GBSP.L - Volatility Comparison
The current volatility for iShares Physical Gold ETC (SGLN.L) is 3.97%, while WisdomTree Physical Gold - GBP Daily Hedged (GBSP.L) has a volatility of 5.08%. This indicates that SGLN.L experiences smaller price fluctuations and is considered to be less risky than GBSP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.