SGLP.L vs. SGLD.TO
Compare and contrast key facts about Invesco Physical Gold A (SGLP.L) and Sabre Gold Mines Corp. (SGLD.TO).
SGLP.L is a passively managed fund by Invesco that tracks the performance of the Gold. It was launched on Jun 24, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SGLP.L or SGLD.TO.
Key characteristics
| SGLP.L | SGLD.TO | |
|---|---|---|
| YTD Return | 17.43% | -39.29% |
| 1Y Return | 24.25% | -39.29% |
| 3Y Return (Ann) | 13.10% | -57.55% |
| 5Y Return (Ann) | 8.54% | -47.97% |
| 10Y Return (Ann) | 9.29% | -30.32% |
| Sharpe Ratio | 1.83 | -0.38 |
| Daily Std Dev | 13.00% | 90.01% |
| Max Drawdown | -38.83% | -99.92% |
| Current Drawdown | -1.19% | -99.92% |
Correlation
The correlation between SGLP.L and SGLD.TO is 0.19, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SGLP.L vs. SGLD.TO - Performance Comparison
In the year-to-date period, SGLP.L achieves a 17.43% return, which is significantly higher than SGLD.TO's -39.29% return. Over the past 10 years, SGLP.L has outperformed SGLD.TO with an annualized return of 9.29%, while SGLD.TO has yielded a comparatively lower -30.32% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
SGLP.L vs. SGLD.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Physical Gold A (SGLP.L) and Sabre Gold Mines Corp. (SGLD.TO). 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
SGLP.L vs. SGLD.TO - Dividend Comparison
Neither SGLP.L nor SGLD.TO has paid dividends to shareholders.
Drawdowns
SGLP.L vs. SGLD.TO - Drawdown Comparison
The maximum SGLP.L drawdown since its inception was -38.83%, smaller than the maximum SGLD.TO drawdown of -99.92%. Use the drawdown chart below to compare losses from any high point for SGLP.L and SGLD.TO. For additional features, visit the drawdowns tool.
Volatility
SGLP.L vs. SGLD.TO - Volatility Comparison
The current volatility for Invesco Physical Gold A (SGLP.L) is 3.99%, while Sabre Gold Mines Corp. (SGLD.TO) has a volatility of 22.82%. This indicates that SGLP.L experiences smaller price fluctuations and is considered to be less risky than SGLD.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.