SGLP.L vs. WXAG.L
Compare and contrast key facts about Invesco Physical Gold A (SGLP.L) and WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF USD Acc (WXAG.L).
SGLP.L and WXAG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SGLP.L is a passively managed fund by Invesco that tracks the performance of the Gold. It was launched on Jun 24, 2009. WXAG.L is a passively managed fund by WisdomTree that tracks the performance of the Morgan Stanley RADAR ex Agriculture & Livestock Commodity. It was launched on Oct 6, 2021. Both SGLP.L and WXAG.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: SGLP.L or WXAG.L.
Key characteristics
| SGLP.L | WXAG.L | |
|---|---|---|
| YTD Return | 17.81% | -0.34% |
| 1Y Return | 24.18% | -4.77% |
| Sharpe Ratio | 1.84 | -0.31 |
| Daily Std Dev | 13.01% | 15.51% |
| Max Drawdown | -38.83% | -26.77% |
| Current Drawdown | -0.87% | -23.53% |
Correlation
The correlation between SGLP.L and WXAG.L is 0.41, 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
SGLP.L vs. WXAG.L - Performance Comparison
In the year-to-date period, SGLP.L achieves a 17.81% return, which is significantly higher than WXAG.L's -0.34% 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.
SGLP.L vs. WXAG.L - Expense Ratio Comparison
SGLP.L has a 0.12% expense ratio, which is lower than WXAG.L's 0.60% expense ratio.
Risk-Adjusted Performance
SGLP.L vs. WXAG.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Physical Gold A (SGLP.L) and WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF USD Acc (WXAG.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
SGLP.L vs. WXAG.L - Dividend Comparison
Neither SGLP.L nor WXAG.L has paid dividends to shareholders.
Drawdowns
SGLP.L vs. WXAG.L - Drawdown Comparison
The maximum SGLP.L drawdown since its inception was -38.83%, which is greater than WXAG.L's maximum drawdown of -26.77%. Use the drawdown chart below to compare losses from any high point for SGLP.L and WXAG.L. For additional features, visit the drawdowns tool.
Volatility
SGLP.L vs. WXAG.L - Volatility Comparison
The current volatility for Invesco Physical Gold A (SGLP.L) is 3.73%, while WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF USD Acc (WXAG.L) has a volatility of 5.10%. This indicates that SGLP.L experiences smaller price fluctuations and is considered to be less risky than WXAG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.