SGLN.L vs. HVPE.L
SGLN.L (iShares Physical Gold ETC) is Gold fund tracking the LBMA Gold Price, while HVPE.L (HarbourVest Global Private Equity Ltd) is a stock. Over the past 10 years, SGLN.L returned 13.68%/yr vs 13.99%/yr for HVPE.L. At a correlation of -0.01, they often move in opposite directions.
Performance
SGLN.L vs. HVPE.L - Performance Comparison
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Returns By Period
In the year-to-date period, SGLN.L achieves a 1.38% return, which is significantly lower than HVPE.L's 8.13% return. Both investments have delivered pretty close results over the past 10 years, with SGLN.L having a 13.68% annualized return and HVPE.L not far ahead at 13.99%.
SGLN.L
- 1D
- -0.06%
- 1M
- -6.00%
- YTD
- 1.38%
- 6M
- 3.07%
- 1Y
- 31.70%
- 3Y*
- 27.57%
- 5Y*
- 19.24%
- 10Y*
- 13.68%
HVPE.L
- 1D
- 0.00%
- 1M
- 4.95%
- YTD
- 8.13%
- 6M
- 9.53%
- 1Y
- 39.51%
- 3Y*
- 15.33%
- 5Y*
- 10.26%
- 10Y*
- 13.99%
SGLN.L vs. HVPE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SGLN.L iShares Physical Gold ETC | 1.38% | 53.66% | 28.20% | 7.24% | 11.84% | -2.82% | 19.93% | 14.63% | 4.36% | 1.68% |
HVPE.L HarbourVest Global Private Equity Ltd | 8.13% | 18.08% | 12.50% | 4.66% | -21.43% | 47.48% | 8.23% | 33.38% | 8.36% | 7.71% |
Correlation
The correlation between SGLN.L and HVPE.L is 0.10, 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 | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.03 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Apr 8, 2011 | -0.01 |
The correlation between SGLN.L and HVPE.L shifts across timeframes, from -0.03 (5 years) to 0.10 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
SGLN.L vs. HVPE.L — Risk / Return Rank
SGLN.L
HVPE.L
SGLN.L vs. HVPE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Physical Gold ETC (SGLN.L) and HarbourVest Global Private Equity Ltd (HVPE.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.
| SGLN.L | HVPE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.90 | ||
| Sortino ratioReturn per unit of downside risk | -1.28 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.41 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.75 | 3.62 | -1.87 |
| Martin ratioReturn relative to average drawdown | 4.61 | 11.93 | -7.32 |
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
| SGLN.L | HVPE.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.35 | 2.26 | -0.90 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.89 | 0.42 | +0.46 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | 0.56 | +0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.25 | 0.36 | -0.11 |
Drawdowns
SGLN.L vs. HVPE.L - Drawdown Comparison
The maximum SGLN.L drawdown since its inception was -53.23%, roughly equal to the maximum HVPE.L drawdown of -50.70%. Use the drawdown chart below to compare losses from any high point for SGLN.L and HVPE.L.
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Drawdown Indicators
| SGLN.L | HVPE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.23% | -50.70% | -2.53% |
Max Drawdown (1Y)Largest decline over 1 year | -18.04% | -10.87% | -7.17% |
Max Drawdown (3Y)Largest decline over 3 years | -20.33% | -18.64% | -1.69% |
Max Drawdown (5Y)Largest decline over 5 years | -20.33% | -34.35% | +14.02% |
Max Drawdown (10Y)Largest decline over 10 years | -22.30% | -50.70% | +28.40% |
Current DrawdownCurrent decline from peak | -18.04% | -1.74% | -16.30% |
Average DrawdownAverage peak-to-trough decline | -24.71% | -13.10% | -11.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.86% | 3.30% | +3.56% |
Volatility
SGLN.L vs. HVPE.L - Volatility Comparison
The current volatility for iShares Physical Gold ETC (SGLN.L) is 4.84%, while HarbourVest Global Private Equity Ltd (HVPE.L) has a volatility of 6.01%. This indicates that SGLN.L experiences smaller price fluctuations and is considered to be less risky than HVPE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SGLN.L | HVPE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.84% | 6.01% | -1.17% |
Volatility (6M)Calculated over the trailing 6-month period | 20.20% | 13.29% | +6.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.35% | 17.45% | +5.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.74% | 24.19% | -2.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.80% | 24.91% | -6.11% |
Dividends
SGLN.L vs. HVPE.L - Dividend Comparison
Neither SGLN.L nor HVPE.L has paid dividends to shareholders.
Frequently Asked Questions
SGLN.L and HVPE.L have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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