SGLP.L vs. 6AQQ.DE
SGLP.L (Invesco Physical Gold A) and 6AQQ.DE (Amundi Nasdaq 100 UCITS ETF EUR) are both exchange-traded funds - SGLP.L is a Gold fund tracking the Gold, while 6AQQ.DE is a Nasdaq-100 fund tracking the Nasdaq 100®. Both are passively managed. Over the past 10 years, SGLP.L returned 13.00%/yr vs 22.36%/yr for 6AQQ.DE. At a 0.02 correlation, their price movements are largely independent. SGLP.L charges 0.12%/yr vs 0.23%/yr for 6AQQ.DE.
Performance
SGLP.L vs. 6AQQ.DE - Performance Comparison
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Different Trading Currencies
SGLP.L is traded in GBp, while 6AQQ.DE is traded in EUR. To make them comparable, the 6AQQ.DE values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, SGLP.L achieves a -1.79% return, which is significantly lower than 6AQQ.DE's 17.02% return. Over the past 10 years, SGLP.L has underperformed 6AQQ.DE with an annualized return of 13.00%, while 6AQQ.DE has yielded a comparatively higher 22.36% annualized return.
SGLP.L
- 1D
- 2.85%
- 1M
- -7.81%
- YTD
- -1.79%
- 6M
- -1.95%
- 1Y
- 24.73%
- 3Y*
- 26.66%
- 5Y*
- 18.64%
- 10Y*
- 13.00%
6AQQ.DE
- 1D
- 2.49%
- 1M
- 0.69%
- YTD
- 17.02%
- 6M
- 17.66%
- 1Y
- 38.56%
- 3Y*
- 23.84%
- 5Y*
- 18.04%
- 10Y*
- 22.36%
SGLP.L vs. 6AQQ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SGLP.L Invesco Physical Gold A | -1.79% | 53.60% | 28.14% | 7.26% | 11.83% | -2.88% | 19.99% | 14.65% | 4.31% | 1.64% |
6AQQ.DE Amundi Nasdaq 100 UCITS ETF EUR | 17.02% | 12.65% | 27.94% | 48.51% | -26.12% | 29.77% | 42.33% | 35.47% | 4.69% | 20.85% |
Correlation
The correlation between SGLP.L and 6AQQ.DE is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
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 | 0.04 |
Correlation (All Time) Calculated using the full available price history since Sep 21, 2010 | 0.02 |
The correlation between SGLP.L and 6AQQ.DE shifts across timeframes, from -0.02 (5 years) to 0.12 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
SGLP.L vs. 6AQQ.DE — Risk / Return Rank
SGLP.L
6AQQ.DE
SGLP.L vs. 6AQQ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Physical Gold A (SGLP.L) and Amundi Nasdaq 100 UCITS ETF EUR (6AQQ.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.
| SGLP.L | 6AQQ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.32 | ||
| Sortino ratioReturn per unit of downside risk | -1.71 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.42 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 1.13 | 3.43 | -2.30 |
| Martin ratioReturn relative to average drawdown | 3.52 | 9.80 | -6.28 |
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Drawdowns
SGLP.L vs. 6AQQ.DE - Drawdown Comparison
The maximum SGLP.L drawdown since its inception was -63.75%, which is greater than 6AQQ.DE's maximum drawdown of -27.56%. Use the drawdown chart below to compare losses from any high point for SGLP.L and 6AQQ.DE.
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Drawdown Indicators
| SGLP.L | 6AQQ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.75% | -27.56% | -36.19% |
Max Drawdown (1Y)Largest decline over 1 year | -22.82% | -11.02% | -11.80% |
Max Drawdown (3Y)Largest decline over 3 years | -22.82% | -25.16% | +2.34% |
Max Drawdown (5Y)Largest decline over 5 years | -22.82% | -27.56% | +4.74% |
Max Drawdown (10Y)Largest decline over 10 years | -22.82% | -27.56% | +4.74% |
Current DrawdownCurrent decline from peak | -20.62% | -2.95% | -17.67% |
Average DrawdownAverage peak-to-trough decline | -31.72% | -4.54% | -27.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.35% | 3.86% | +3.49% |
Volatility
SGLP.L vs. 6AQQ.DE - Volatility Comparison
Invesco Physical Gold A (SGLP.L) has a higher volatility of 6.68% compared to Amundi Nasdaq 100 UCITS ETF EUR (6AQQ.DE) at 5.54%. This indicates that SGLP.L's price experiences larger fluctuations and is considered to be riskier than 6AQQ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SGLP.L | 6AQQ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.68% | 5.54% | +1.14% |
Volatility (6M)Calculated over the trailing 6-month period | 20.61% | 11.32% | +9.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.66% | 15.69% | +7.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.71% | 19.47% | +2.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.76% | 19.62% | -0.86% |
SGLP.L vs. 6AQQ.DE - Expense Ratio Comparison
SGLP.L has a 0.12% expense ratio, which is lower than 6AQQ.DE's 0.23% 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
SGLP.L vs. 6AQQ.DE - Dividend Comparison
Neither SGLP.L nor 6AQQ.DE has paid dividends to shareholders.
Frequently Asked Questions
SGLP.L and 6AQQ.DE have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SGLP.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SGLP.L is cheaper with a 0.12% expense ratio, compared with 0.23% for 6AQQ.DE.
SGLP.L is categorized as Gold, while 6AQQ.DE is Nasdaq-100. SGLP.L tracks Gold, while 6AQQ.DE tracks Nasdaq 100®. They also come from different issuers: Invesco and Amundi. Their fees differ too: 0.12% for SGLP.L and 0.23% for 6AQQ.DE.
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