SGLO.L vs. SGLP.L
Compare and contrast key facts about iShares Global Government Bond UCITS ETF USD (Dist) (SGLO.L) and Invesco Physical Gold A (SGLP.L).
SGLO.L and SGLP.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SGLO.L is a passively managed fund by iShares that tracks the performance of the Bloomberg Global Aggregate TR USD. It was launched on Mar 6, 2009. SGLP.L is a passively managed fund by Invesco that tracks the performance of the Gold. It was launched on Jun 24, 2009. Both SGLO.L and SGLP.L 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: SGLO.L or SGLP.L.
Key characteristics
| SGLO.L | SGLP.L | |
|---|---|---|
| YTD Return | -0.23% | 19.99% |
| 1Y Return | 3.07% | 24.67% |
| 3Y Return (Ann) | -3.40% | 15.06% |
| 5Y Return (Ann) | -3.00% | 9.97% |
| 10Y Return (Ann) | 2.24% | 9.83% |
| Sharpe Ratio | 0.47 | 1.84 |
| Daily Std Dev | 6.09% | 13.04% |
| Max Drawdown | -25.54% | -38.83% |
| Current Drawdown | -21.58% | -0.71% |
Correlation
The correlation between SGLO.L and SGLP.L is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SGLO.L vs. SGLP.L - Performance Comparison
In the year-to-date period, SGLO.L achieves a -0.23% return, which is significantly lower than SGLP.L's 19.99% return. Over the past 10 years, SGLO.L has underperformed SGLP.L with an annualized return of 2.24%, while SGLP.L has yielded a comparatively higher 9.83% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SGLO.L vs. SGLP.L - Expense Ratio Comparison
SGLO.L has a 0.20% expense ratio, which is higher than SGLP.L's 0.12% 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%.
Risk-Adjusted Performance
SGLO.L vs. SGLP.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Government Bond UCITS ETF USD (Dist) (SGLO.L) and Invesco Physical Gold A (SGLP.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.
Dividends
SGLO.L vs. SGLP.L - Dividend Comparison
SGLO.L's dividend yield for the trailing twelve months is around 3.12%, while SGLP.L has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SGLO.L iShares Global Government Bond UCITS ETF USD (Dist) | 3.12% | 1.88% | 0.95% | 0.84% | 1.35% | 1.59% | 1.37% | 1.26% | 1.34% | 0.89% | 2.37% | 2.30% |
SGLP.L Invesco Physical Gold A | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SGLO.L vs. SGLP.L - Drawdown Comparison
The maximum SGLO.L drawdown since its inception was -25.54%, smaller than the maximum SGLP.L drawdown of -38.83%. Use the drawdown chart below to compare losses from any high point for SGLO.L and SGLP.L. For additional features, visit the drawdowns tool.
Volatility
SGLO.L vs. SGLP.L - Volatility Comparison
The current volatility for iShares Global Government Bond UCITS ETF USD (Dist) (SGLO.L) is 2.27%, while Invesco Physical Gold A (SGLP.L) has a volatility of 3.10%. This indicates that SGLO.L experiences smaller price fluctuations and is considered to be less risky than SGLP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.