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SGLP.L vs. ACKB.BR
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SGLP.L vs. ACKB.BR

Last updated Jun 14, 2026

SGLP.L (Invesco Physical Gold A) is Gold fund tracking the Gold, while ACKB.BR (Ackermans & Van Haaren NV) is a stock. Over the past 10 years, SGLP.L returned 13.00%/yr vs 12.82%/yr for ACKB.BR. At a 0.04 correlation, their price movements are largely independent.

Performance

SGLP.L vs. ACKB.BR - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Invesco Physical Gold A (SGLP.L) and Ackermans & Van Haaren NV (ACKB.BR). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

SGLP.L is traded in GBp, while ACKB.BR is traded in EUR. To make them comparable, the ACKB.BR 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 ACKB.BR's 21.49% return. Both investments have delivered pretty close results over the past 10 years, with SGLP.L having a 13.00% annualized return and ACKB.BR not far behind at 12.82%.

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%

ACKB.BR

1D
3.84%
1M
0.00%
YTD
21.49%
6M
22.75%
1Y
29.93%
3Y*
24.25%
5Y*
18.10%
10Y*
12.82%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SGLP.L vs. ACKB.BR - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
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%
ACKB.BR
Ackermans & Van Haaren NV		21.49%30.48%16.91%-0.93%1.61%31.31%-5.13%1.70%-6.92%16.14%

Correlation

The correlation between SGLP.L and ACKB.BR is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.17

Correlation (3Y)
Calculated over the trailing 3-year period

0.12

Correlation (5Y)
Calculated over the trailing 5-year period

0.03

Correlation (10Y)
Calculated over the trailing 10-year period

0.02

Correlation (All Time)
Calculated using the full available price history since Jun 26, 2009

0.04

The correlation between SGLP.L and ACKB.BR shifts across timeframes, from 0.02 (10 years) to 0.17 (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.

Invesco Physical Gold A

Ackermans & Van Haaren NV

Often compared with SGLP.L:
SGLP.L vs. SGLS.LSGLP.L vs. SSLN.LSGLP.L vs. GLDSGLP.L vs. AAPLSGLP.L vs. IAUMSGLP.L vs. COMM.LSGLP.L vs. GSSRX
Often compared with ACKB.BR:
ACKB.BR vs. SOF.BRACKB.BR vs. DIE.BRACKB.BR vs. BREB.BRACKB.BR vs. BRK-AACKB.BR vs. BRK-BACKB.BR vs. IS3Q.DEACKB.BR vs. IWDA.AS

Return for Risk

SGLP.L vs. ACKB.BR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SGLP.L
SGLP.L Risk / Return Rank: 3232
Overall Rank
SGLP.L Sharpe Ratio Rank: 3535
Sharpe Ratio Rank
SGLP.L Sortino Ratio Rank: 3131
Sortino Ratio Rank
SGLP.L Omega Ratio Rank: 3838
Omega Ratio Rank
SGLP.L Calmar Ratio Rank: 2727
Calmar Ratio Rank
SGLP.L Martin Ratio Rank: 2828
Martin Ratio Rank
ACKB.BR
ACKB.BR Risk / Return Rank: 7676
Overall Rank
ACKB.BR Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
ACKB.BR Sortino Ratio Rank: 7777
Sortino Ratio Rank
ACKB.BR Omega Ratio Rank: 7474
Omega Ratio Rank
ACKB.BR Calmar Ratio Rank: 7575
Calmar Ratio Rank
ACKB.BR Martin Ratio Rank: 7676
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SGLP.L vs. ACKB.BR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Physical Gold A (SGLP.L) and Ackermans & Van Haaren NV (ACKB.BR). 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.LACKB.BRDifference
Sharpe ratioReturn per unit of total volatility
1.09
1.35

-0.26

Sortino ratioReturn per unit of downside risk
1.49
2.09

-0.59

Omega ratioGain probability vs. loss probability

1.22

1.25

-0.03

Calmar ratioReturn relative to maximum drawdown

1.13

1.94

-0.81

Martin ratioReturn relative to average drawdown

3.52

5.10

-1.58

SGLP.L vs. ACKB.BR - Sharpe Ratio Comparison

The current SGLP.L Sharpe Ratio is 1.09, which is comparable to the ACKB.BR Sharpe Ratio of 1.35. The chart below compares the historical Sharpe Ratios of SGLP.L and ACKB.BR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

SGLP.L vs. ACKB.BR - Drawdown Comparison

The maximum SGLP.L drawdown since its inception was -63.75%, which is greater than ACKB.BR's maximum drawdown of -48.69%. Use the drawdown chart below to compare losses from any high point for SGLP.L and ACKB.BR.

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Drawdown Indicators

SGLP.LACKB.BRDifference

Max Drawdown

Largest peak-to-trough decline

-63.75%

-48.69%

-15.06%

Max Drawdown (1Y)

Largest decline over 1 year

-22.82%

-14.46%

-8.36%

Max Drawdown (3Y)

Largest decline over 3 years

-22.82%

-14.46%

-8.36%

Max Drawdown (5Y)

Largest decline over 5 years

-22.82%

-22.97%

+0.15%

Max Drawdown (10Y)

Largest decline over 10 years

-22.82%

-33.52%

+10.70%

Current Drawdown

Current decline from peak

-20.62%

-5.76%

-14.86%

Average Drawdown

Average peak-to-trough decline

-31.72%

-10.29%

-21.43%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.35%

5.51%

+1.84%

Volatility

SGLP.L vs. ACKB.BR - Volatility Comparison

Invesco Physical Gold A (SGLP.L) and Ackermans & Van Haaren NV (ACKB.BR) have volatilities of 6.68% and 6.90%, 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

SGLP.LACKB.BRDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.68%

6.90%

-0.22%

Volatility (6M)

Calculated over the trailing 6-month period

20.61%

16.20%

+4.41%

Volatility (1Y)

Calculated over the trailing 1-year period

23.66%

20.74%

+2.92%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.71%

19.64%

+2.07%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.76%

20.22%

-1.46%

Dividends

SGLP.L vs. ACKB.BR - Dividend Comparison

SGLP.L has not paid dividends to shareholders, while ACKB.BR's dividend yield for the trailing twelve months is around 1.64%.

PositionTTM20252024202320222021202020192018201720162015
ACKB.BR
Ackermans & Van Haaren NV		1.64%1.64%1.78%1.95%1.72%1.39%1.89%1.66%1.67%1.41%1.48%1.35%
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%

Frequently Asked Questions

SGLP.L and ACKB.BR have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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