SGLN.L vs. XDEQ.L
SGLN.L (iShares Physical Gold ETC) and XDEQ.L (Xtrackers MSCI World Quality Factor UCITS ETF 1C) are both exchange-traded funds - SGLN.L is a Gold fund tracking the LBMA Gold Price, while XDEQ.L is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. Over the past 10 years, SGLN.L returned 13.68%/yr vs 13.42%/yr for XDEQ.L. At a 0.07 correlation, their price movements are largely independent. SGLN.L charges 0.12%/yr vs 0.25%/yr for XDEQ.L.
Performance
SGLN.L vs. XDEQ.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 XDEQ.L's 8.07% return. Both investments have delivered pretty close results over the past 10 years, with SGLN.L having a 13.68% annualized return and XDEQ.L not far behind at 13.42%.
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%
XDEQ.L
- 1D
- -0.11%
- 1M
- 2.87%
- YTD
- 8.07%
- 6M
- 8.54%
- 1Y
- 20.96%
- 3Y*
- 15.64%
- 5Y*
- 11.29%
- 10Y*
- 13.42%
SGLN.L vs. XDEQ.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% |
XDEQ.L Xtrackers MSCI World Quality Factor UCITS ETF 1C | 8.07% | 7.52% | 18.91% | 19.22% | -9.44% | 25.15% | 10.98% | 26.01% | -2.33% | 12.55% |
Correlation
The correlation between SGLN.L and XDEQ.L is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.04 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Sep 12, 2014 | 0.07 |
The correlation between SGLN.L and XDEQ.L shifts across timeframes, from 0.04 (5 years) to 0.18 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
SGLN.L vs. XDEQ.L — Risk / Return Rank
SGLN.L
XDEQ.L
SGLN.L vs. XDEQ.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Physical Gold ETC (SGLN.L) and Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.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 | XDEQ.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.77 | ||
| Sortino ratioReturn per unit of downside risk | -1.22 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.40 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.75 | 3.02 | -1.27 |
| Martin ratioReturn relative to average drawdown | 4.61 | 12.54 | -7.93 |
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 | XDEQ.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.35 | 2.13 | -0.77 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.89 | 0.59 | +0.30 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | 0.65 | +0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.25 | 0.27 | -0.02 |
Drawdowns
SGLN.L vs. XDEQ.L - Drawdown Comparison
The maximum SGLN.L drawdown since its inception was -53.23%, which is greater than XDEQ.L's maximum drawdown of -44.31%. Use the drawdown chart below to compare losses from any high point for SGLN.L and XDEQ.L.
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Drawdown Indicators
| SGLN.L | XDEQ.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.23% | -44.31% | -8.92% |
Max Drawdown (1Y)Largest decline over 1 year | -18.04% | -6.90% | -11.14% |
Max Drawdown (3Y)Largest decline over 3 years | -20.33% | -20.24% | -0.09% |
Max Drawdown (5Y)Largest decline over 5 years | -20.33% | -20.24% | -0.09% |
Max Drawdown (10Y)Largest decline over 10 years | -22.30% | -24.31% | +2.01% |
Current DrawdownCurrent decline from peak | -18.04% | -0.52% | -17.52% |
Average DrawdownAverage peak-to-trough decline | -24.71% | -12.46% | -12.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.86% | 1.67% | +5.19% |
Volatility
SGLN.L vs. XDEQ.L - Volatility Comparison
iShares Physical Gold ETC (SGLN.L) has a higher volatility of 4.84% compared to Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.L) at 2.33%. This indicates that SGLN.L's price experiences larger fluctuations and is considered to be riskier than XDEQ.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 | XDEQ.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.84% | 2.33% | +2.51% |
Volatility (6M)Calculated over the trailing 6-month period | 20.20% | 7.11% | +13.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.35% | 9.83% | +13.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.74% | 19.16% | +2.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.80% | 20.54% | -1.74% |
SGLN.L vs. XDEQ.L - Expense Ratio Comparison
SGLN.L has a 0.12% expense ratio, which is lower than XDEQ.L's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
SGLN.L vs. XDEQ.L - Dividend Comparison
Neither SGLN.L nor XDEQ.L has paid dividends to shareholders.
Frequently Asked Questions
SGLN.L and XDEQ.L have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SGLN.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SGLN.L is cheaper with a 0.12% expense ratio, compared with 0.25% for XDEQ.L.
SGLN.L is categorized as Gold, while XDEQ.L is Global Equities. SGLN.L tracks LBMA Gold Price, while XDEQ.L tracks MSCI ACWI NR USD. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.12% for SGLN.L and 0.25% for XDEQ.L.
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