SGLN.L vs. XLKQ.L
SGLN.L (iShares Physical Gold ETC) and XLKQ.L (Invesco Technology S&P US Select Sector UCITS ETF GBP Acc) are both exchange-traded funds - SGLN.L is a Gold fund tracking the LBMA Gold Price, while XLKQ.L is a Technology Equities fund tracking the S&P Select Sector Capped 20% Technology Index. Both are passively managed. Over the past 10 years, SGLN.L returned 13.01%/yr vs 26.55%/yr for XLKQ.L. At a 0.03 correlation, their price movements are largely independent. SGLN.L charges 0.12%/yr vs 0.14%/yr for XLKQ.L.
Performance
SGLN.L vs. XLKQ.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SGLN.L achieves a -1.83% return, which is significantly lower than XLKQ.L's 18.20% return. Over the past 10 years, SGLN.L has underperformed XLKQ.L with an annualized return of 13.01%, while XLKQ.L has yielded a comparatively higher 26.55% annualized return.
SGLN.L
- 1D
- 2.90%
- 1M
- -9.54%
- YTD
- -1.83%
- 6M
- -1.90%
- 1Y
- 24.78%
- 3Y*
- 26.65%
- 5Y*
- 18.64%
- 10Y*
- 13.01%
XLKQ.L
- 1D
- 2.39%
- 1M
- 0.14%
- YTD
- 18.20%
- 6M
- 18.52%
- 1Y
- 46.40%
- 3Y*
- 30.77%
- 5Y*
- 25.01%
- 10Y*
- 26.55%
SGLN.L vs. XLKQ.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
XLKQ.L Invesco Technology S&P US Select Sector UCITS ETF GBP Acc | 18.20% | 15.76% | 44.03% | 51.84% | -20.58% | 36.28% | 37.93% | 44.38% | 2.54% | 21.82% |
Correlation
The correlation between SGLN.L and XLKQ.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 | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.02 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Apr 8, 2011 | 0.03 |
The correlation between SGLN.L and XLKQ.L shifts across timeframes, from -0.02 (5 years) to 0.10 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SGLN.L vs. XLKQ.L — Risk / Return Rank
SGLN.L
XLKQ.L
SGLN.L vs. XLKQ.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Physical Gold ETC (SGLN.L) and Invesco Technology S&P US Select Sector UCITS ETF GBP Acc (XLKQ.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.
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.L | XLKQ.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.17 | ||
| Sortino ratioReturn per unit of downside risk | -1.42 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.37 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.13 | 2.68 | -1.55 |
| Martin ratioReturn relative to average drawdown | 3.51 | 6.86 | -3.35 |
Loading charts...
Drawdowns
SGLN.L vs. XLKQ.L - Drawdown Comparison
The maximum SGLN.L drawdown since its inception was -53.23%, which is greater than XLKQ.L's maximum drawdown of -38.43%. Use the drawdown chart below to compare losses from any high point for SGLN.L and XLKQ.L.
Loading charts...
Drawdown Indicators
| SGLN.L | XLKQ.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.23% | -38.43% | -14.80% |
Max Drawdown (1Y)Largest decline over 1 year | -22.87% | -16.76% | -6.11% |
Max Drawdown (3Y)Largest decline over 3 years | -22.87% | -28.74% | +5.87% |
Max Drawdown (5Y)Largest decline over 5 years | -22.87% | -28.74% | +5.87% |
Max Drawdown (10Y)Largest decline over 10 years | -22.87% | -28.74% | +5.87% |
Current DrawdownCurrent decline from peak | -20.64% | -7.23% | -13.41% |
Average DrawdownAverage peak-to-trough decline | -24.70% | -8.07% | -16.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.37% | 6.57% | +0.80% |
Volatility
SGLN.L vs. XLKQ.L - Volatility Comparison
The current volatility for iShares Physical Gold ETC (SGLN.L) is 6.68%, while Invesco Technology S&P US Select Sector UCITS ETF GBP Acc (XLKQ.L) has a volatility of 8.58%. This indicates that SGLN.L experiences smaller price fluctuations and is considered to be less risky than XLKQ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SGLN.L | XLKQ.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.68% | 8.58% | -1.90% |
Volatility (6M)Calculated over the trailing 6-month period | 20.78% | 15.29% | +5.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.82% | 19.96% | +3.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.84% | 26.22% | -4.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.84% | 23.42% | -4.58% |
SGLN.L vs. XLKQ.L - Expense Ratio Comparison
SGLN.L has a 0.12% expense ratio, which is lower than XLKQ.L's 0.14% 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. XLKQ.L - Dividend Comparison
Neither SGLN.L nor XLKQ.L has paid dividends to shareholders.
Frequently Asked Questions
SGLN.L and XLKQ.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.
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 0.14% for XLKQ.L.
SGLN.L is categorized as Gold, while XLKQ.L is Technology Equities. SGLN.L tracks LBMA Gold Price, while XLKQ.L tracks S&P Select Sector Capped 20% Technology Index. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.12% for SGLN.L and 0.14% for XLKQ.L.
Find the right allocation for SGLN.L and XLKQ.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer