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SGLN.L vs. RYCEY
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SGLN.L vs. RYCEY

Last updated Jun 13, 2026

SGLN.L (iShares Physical Gold ETC) is Gold fund tracking the LBMA Gold Price, while RYCEY (Rolls-Royce Holdings plc) is a stock. Over the past 10 years, SGLN.L returned 13.01%/yr vs 9.04%/yr for RYCEY. At a correlation of -0.03, they often move in opposite directions.

Performance

SGLN.L vs. RYCEY - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares Physical Gold ETC (SGLN.L) and Rolls-Royce Holdings plc (RYCEY). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

SGLN.L is traded in GBp, while RYCEY is traded in USD. To make them comparable, the RYCEY 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 lower than RYCEY's 13.00% return. Over the past 10 years, SGLN.L has outperformed RYCEY with an annualized return of 13.01%, while RYCEY has yielded a comparatively lower 9.04% annualized return.

SGLN.L

1D
2.90%
1M
-9.40%
YTD
-1.83%
6M
-1.90%
1Y
25.94%
3Y*
26.65%
5Y*
18.64%
10Y*
13.01%

RYCEY

1D
1.88%
1M
8.51%
YTD
13.00%
6M
19.36%
1Y
48.37%
3Y*
108.74%
5Y*
63.14%
10Y*
9.04%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SGLN.L vs. RYCEY - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
SGLN.L
iShares Physical Gold ETC		-1.83%53.66%28.20%7.24%11.84%-2.82%19.93%14.63%4.36%1.68%
RYCEY
Rolls-Royce Holdings plc		13.00%107.71%91.50%235.61%-26.10%3.50%-82.58%-16.01%-1.85%28.53%

Correlation

The correlation between SGLN.L and RYCEY is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.22

Correlation (3Y)
Calculated over the trailing 3-year period

0.11

Correlation (5Y)
Calculated over the trailing 5-year period

0.01

Correlation (10Y)
Calculated over the trailing 10-year period

-0.02

Correlation (All Time)
Calculated using the full available price history since Jul 7, 2014

-0.03

The correlation between SGLN.L and RYCEY shifts across timeframes, from -0.03 (all time) to 0.22 (1 year), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

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iShares Physical Gold ETC

Rolls-Royce Holdings plc

Often compared with SGLN.L:
SGLN.L vs. IGLN.LSGLN.L vs. GLDSGLN.L vs. IAUSGLN.L vs. SGLS.LSGLN.L vs. GLDW.LSGLN.L vs. GBSP.LSGLN.L vs. PHGP.L
Often compared with RYCEY:
RYCEY vs. RR.LRYCEY vs. SMRRYCEY vs. RHM.DERYCEY vs. SPYRYCEY vs. BAESYRYCEY vs. VOORYCEY vs. AAPL

Return for Risk

SGLN.L vs. RYCEY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SGLN.L
SGLN.L Risk / Return Rank: 3232
Overall Rank
SGLN.L Sharpe Ratio Rank: 3434
Sharpe Ratio Rank
SGLN.L Sortino Ratio Rank: 3131
Sortino Ratio Rank
SGLN.L Omega Ratio Rank: 3838
Omega Ratio Rank
SGLN.L Calmar Ratio Rank: 2626
Calmar Ratio Rank
SGLN.L Martin Ratio Rank: 2828
Martin Ratio Rank
RYCEY
RYCEY Risk / Return Rank: 7777
Overall Rank
RYCEY Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
RYCEY Sortino Ratio Rank: 7575
Sortino Ratio Rank
RYCEY Omega Ratio Rank: 7373
Omega Ratio Rank
RYCEY Calmar Ratio Rank: 7878
Calmar Ratio Rank
RYCEY Martin Ratio Rank: 8080
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SGLN.L vs. RYCEY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Physical Gold ETC (SGLN.L) and Rolls-Royce Holdings plc (RYCEY). 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.LRYCEYDifference
Sharpe ratioReturn per unit of total volatility
1.09
1.35

-0.26

Sortino ratioReturn per unit of downside risk
1.48
2.01

-0.53

Omega ratioGain probability vs. loss probability

1.22

1.25

-0.03

Calmar ratioReturn relative to maximum drawdown

1.13

2.40

-1.27

Martin ratioReturn relative to average drawdown

3.51

6.49

-2.98

SGLN.L vs. RYCEY - Sharpe Ratio Comparison

The current SGLN.L Sharpe Ratio is 1.09, which is comparable to the RYCEY Sharpe Ratio of 1.35. The chart below compares the historical Sharpe Ratios of SGLN.L and RYCEY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

SGLN.L vs. RYCEY - Drawdown Comparison

The maximum SGLN.L drawdown since its inception was -53.23%, smaller than the maximum RYCEY drawdown of -98.54%. Use the drawdown chart below to compare losses from any high point for SGLN.L and RYCEY.

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Drawdown Indicators

SGLN.LRYCEYDifference

Max Drawdown

Largest peak-to-trough decline

-53.23%

-98.54%

+45.31%

Max Drawdown (1Y)

Largest decline over 1 year

-22.87%

-20.27%

-2.60%

Max Drawdown (3Y)

Largest decline over 3 years

-22.87%

-22.51%

-0.36%

Max Drawdown (5Y)

Largest decline over 5 years

-22.87%

-52.69%

+29.82%

Max Drawdown (10Y)

Largest decline over 10 years

-22.87%

-93.60%

+70.73%

Current Drawdown

Current decline from peak

-20.64%

-71.63%

+50.99%

Average Drawdown

Average peak-to-trough decline

-24.70%

-81.06%

+56.36%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.37%

7.48%

-0.11%

Volatility

SGLN.L vs. RYCEY - Volatility Comparison

The current volatility for iShares Physical Gold ETC (SGLN.L) is 6.68%, while Rolls-Royce Holdings plc (RYCEY) has a volatility of 11.11%. This indicates that SGLN.L experiences smaller price fluctuations and is considered to be less risky than RYCEY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SGLN.LRYCEYDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.68%

11.11%

-4.43%

Volatility (6M)

Calculated over the trailing 6-month period

20.78%

30.96%

-10.18%

Volatility (1Y)

Calculated over the trailing 1-year period

23.82%

36.06%

-12.24%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.84%

41.78%

-19.94%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.84%

47.93%

-29.09%

Dividends

SGLN.L vs. RYCEY - Dividend Comparison

SGLN.L has not paid dividends to shareholders, while RYCEY's dividend yield for the trailing twelve months is around 0.72%.

PositionTTM20252024202320222021202020192018201720162015
RYCEY
Rolls-Royce Holdings plc		0.72%0.86%0.00%0.00%0.00%0.00%5.51%1.56%1.32%1.55%4.19%14.44%
SGLN.L
iShares Physical Gold ETC		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

SGLN.L and RYCEY have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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