SGLN.L vs. XNKY.DE
SGLN.L (iShares Physical Gold ETC) and XNKY.DE (Xtrackers Nikkei 225 UCITS ETF) are both exchange-traded funds - SGLN.L is a Gold fund tracking the LBMA Gold Price, while XNKY.DE is a Japan Equities fund tracking the Nikkei 225®. Both are passively managed. Over the past 5 years, SGLN.L returned 18.64%/yr vs 12.58%/yr for XNKY.DE. At a 0.07 correlation, their price movements are largely independent. SGLN.L charges 0.12%/yr vs 0.09%/yr for XNKY.DE.
Performance
SGLN.L vs. XNKY.DE - Performance Comparison
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Different Trading Currencies
SGLN.L is traded in GBp, while XNKY.DE is traded in EUR. To make them comparable, the XNKY.DE 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 XNKY.DE's 31.25% 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%
XNKY.DE
- 1D
- -1.36%
- 1M
- 7.96%
- YTD
- 31.25%
- 6M
- 29.93%
- 1Y
- 61.52%
- 3Y*
- 20.99%
- 5Y*
- 12.58%
- 10Y*
- —
SGLN.L vs. XNKY.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SGLN.L iShares Physical Gold ETC | -1.83% | 53.66% | 28.20% | 7.24% | 11.84% | -2.82% | -4.51% |
XNKY.DE Xtrackers Nikkei 225 UCITS ETF | 31.25% | 22.20% | 9.36% | 15.68% | -10.72% | -4.12% | 13.70% |
Correlation
The correlation between SGLN.L and XNKY.DE is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Nov 2, 2020 | 0.07 |
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Return for Risk
SGLN.L vs. XNKY.DE — Risk / Return Rank
SGLN.L
XNKY.DE
SGLN.L vs. XNKY.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Physical Gold ETC (SGLN.L) and Xtrackers Nikkei 225 UCITS ETF (XNKY.DE). 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 | XNKY.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.69 | ||
| Sortino ratioReturn per unit of downside risk | -2.37 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.47 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 1.13 | 4.80 | -3.67 |
| Martin ratioReturn relative to average drawdown | 3.51 | 14.46 | -10.95 |
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Drawdowns
SGLN.L vs. XNKY.DE - Drawdown Comparison
The maximum SGLN.L drawdown since its inception was -53.23%, which is greater than XNKY.DE's maximum drawdown of -22.63%. Use the drawdown chart below to compare losses from any high point for SGLN.L and XNKY.DE.
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Drawdown Indicators
| SGLN.L | XNKY.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.23% | -22.63% | -30.60% |
Max Drawdown (1Y)Largest decline over 1 year | -22.87% | -13.29% | -9.58% |
Max Drawdown (3Y)Largest decline over 3 years | -22.87% | -19.36% | -3.51% |
Max Drawdown (5Y)Largest decline over 5 years | -22.87% | -20.74% | -2.13% |
Max Drawdown (10Y)Largest decline over 10 years | -22.87% | — | — |
Current DrawdownCurrent decline from peak | -20.64% | -1.36% | -19.28% |
Average DrawdownAverage peak-to-trough decline | -24.70% | -8.69% | -16.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.37% | 4.42% | +2.95% |
Volatility
SGLN.L vs. XNKY.DE - Volatility Comparison
iShares Physical Gold ETC (SGLN.L) and Xtrackers Nikkei 225 UCITS ETF (XNKY.DE) have volatilities of 6.68% and 6.45%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SGLN.L | XNKY.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.68% | 6.45% | +0.23% |
Volatility (6M)Calculated over the trailing 6-month period | 20.78% | 18.12% | +2.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.82% | 22.98% | +0.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.84% | 17.96% | +3.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.84% | 17.86% | +0.98% |
SGLN.L vs. XNKY.DE - Expense Ratio Comparison
SGLN.L has a 0.12% expense ratio, which is higher than XNKY.DE's 0.09% expense ratio. However, 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. XNKY.DE - Dividend Comparison
Neither SGLN.L nor XNKY.DE has paid dividends to shareholders.
Frequently Asked Questions
SGLN.L and XNKY.DE have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XNKY.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XNKY.DE is cheaper with a 0.09% expense ratio, compared with 0.12% for SGLN.L.
SGLN.L is categorized as Gold, while XNKY.DE is Japan Equities. SGLN.L tracks LBMA Gold Price, while XNKY.DE tracks Nikkei 225®. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.12% for SGLN.L and 0.09% for XNKY.DE.
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