SGLN.L vs. IAU
Compare and contrast key facts about iShares Physical Gold ETC (SGLN.L) and iShares Gold Trust (IAU).
SGLN.L and IAU 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. IAU is a passively managed fund by iShares that tracks the performance of the Gold Bullion. It was launched on Jan 28, 2005. Both SGLN.L and IAU 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 IAU.
Performance
SGLN.L vs. IAU - Performance Comparison
Returns By Period
In the year-to-date period, SGLN.L achieves a 25.08% return, which is significantly lower than IAU's 26.43% return. Over the past 10 years, SGLN.L has outperformed IAU with an annualized return of 10.04%, while IAU has yielded a comparatively lower 7.94% annualized return.
SGLN.L
25.08%
-1.26%
7.14%
26.93%
12.13%
10.04%
IAU
26.43%
-3.94%
8.00%
31.59%
12.00%
7.94%
Key characteristics
| SGLN.L | IAU | |
|---|---|---|
| Sharpe Ratio | 2.13 | 2.13 |
| Sortino Ratio | 2.88 | 2.86 |
| Omega Ratio | 1.38 | 1.37 |
| Calmar Ratio | 4.41 | 3.89 |
| Martin Ratio | 10.53 | 12.83 |
| Ulcer Index | 2.58% | 2.46% |
| Daily Std Dev | 12.77% | 14.86% |
| Max Drawdown | -41.71% | -45.14% |
| Current Drawdown | -5.20% | -6.28% |
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SGLN.L vs. IAU - Expense Ratio Comparison
Correlation
The correlation between SGLN.L and IAU 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. IAU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Physical Gold ETC (SGLN.L) and iShares Gold Trust (IAU). 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. IAU - Dividend Comparison
Neither SGLN.L nor IAU has paid dividends to shareholders.
Drawdowns
SGLN.L vs. IAU - Drawdown Comparison
The maximum SGLN.L drawdown since its inception was -41.71%, smaller than the maximum IAU drawdown of -45.14%. Use the drawdown chart below to compare losses from any high point for SGLN.L and IAU. For additional features, visit the drawdowns tool.
Volatility
SGLN.L vs. IAU - Volatility Comparison
The current volatility for iShares Physical Gold ETC (SGLN.L) is 4.56%, while iShares Gold Trust (IAU) has a volatility of 5.70%. This indicates that SGLN.L experiences smaller price fluctuations and is considered to be less risky than IAU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.