SGLN.L vs. GLD
Compare and contrast key facts about iShares Physical Gold ETC (SGLN.L) and SPDR Gold Trust (GLD).
SGLN.L and GLD 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. GLD is a passively managed fund by State Street that tracks the performance of the Gold Bullion. It was launched on Nov 18, 2004. Both SGLN.L and GLD 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 GLD.
Performance
SGLN.L vs. GLD - Performance Comparison
Returns By Period
The year-to-date returns for both investments are quite close, with SGLN.L having a 25.08% return and GLD slightly higher at 26.24%. Over the past 10 years, SGLN.L has outperformed GLD with an annualized return of 10.04%, while GLD has yielded a comparatively lower 7.73% annualized return.
SGLN.L
25.08%
-1.26%
7.14%
26.93%
12.13%
10.04%
GLD
26.24%
-3.95%
7.90%
31.40%
11.75%
7.73%
Key characteristics
| SGLN.L | GLD | |
|---|---|---|
| Sharpe Ratio | 2.13 | 2.11 |
| Sortino Ratio | 2.88 | 2.84 |
| Omega Ratio | 1.38 | 1.37 |
| Calmar Ratio | 4.41 | 3.86 |
| Martin Ratio | 10.53 | 12.74 |
| Ulcer Index | 2.58% | 2.46% |
| Daily Std Dev | 12.77% | 14.89% |
| Max Drawdown | -41.71% | -45.56% |
| Current Drawdown | -5.20% | -6.28% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SGLN.L vs. GLD - Expense Ratio Comparison
Correlation
The correlation between SGLN.L and GLD is 0.76, 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.
Risk-Adjusted Performance
SGLN.L vs. GLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Physical Gold ETC (SGLN.L) and SPDR Gold Trust (GLD). 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. GLD - Dividend Comparison
Neither SGLN.L nor GLD has paid dividends to shareholders.
Drawdowns
SGLN.L vs. GLD - Drawdown Comparison
The maximum SGLN.L drawdown since its inception was -41.71%, smaller than the maximum GLD drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for SGLN.L and GLD. For additional features, visit the drawdowns tool.
Volatility
SGLN.L vs. GLD - Volatility Comparison
The current volatility for iShares Physical Gold ETC (SGLN.L) is 4.56%, while SPDR Gold Trust (GLD) has a volatility of 5.67%. This indicates that SGLN.L experiences smaller price fluctuations and is considered to be less risky than GLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.