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SGLS.L vs. IGLD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


SGLS.LIGLD
YTD Return33.68%24.87%
1Y Return38.40%29.99%
3Y Return (Ann)14.38%11.05%
Sharpe Ratio2.922.76
Sortino Ratio3.793.82
Omega Ratio1.511.49
Calmar Ratio3.563.31
Martin Ratio17.4721.18
Ulcer Index2.25%1.38%
Daily Std Dev13.47%10.62%
Max Drawdown-23.77%-18.59%
Current Drawdown0.00%0.00%

Correlation

-0.50.00.51.00.7

The correlation between SGLS.L and IGLD is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

SGLS.L vs. IGLD - Performance Comparison

In the year-to-date period, SGLS.L achieves a 33.68% return, which is significantly higher than IGLD's 24.87% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%5.00%10.00%15.00%20.00%25.00%JuneJulyAugustSeptemberOctober
24.24%
16.48%
SGLS.L
IGLD

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Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


SGLS.L vs. IGLD - Expense Ratio Comparison

SGLS.L has a 0.34% expense ratio, which is lower than IGLD's 0.85% expense ratio.


IGLD
FT Cboe Vest Gold Strategy Target Income ETF
Expense ratio chart for IGLD: current value at 0.85% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.85%
Expense ratio chart for SGLS.L: current value at 0.34% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.34%

Risk-Adjusted Performance

SGLS.L vs. IGLD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Physical Gold GBP Hedged ETC (SGLS.L) and FT Cboe Vest Gold Strategy Target Income ETF (IGLD). 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.


SGLS.L
Sharpe ratio
The chart of Sharpe ratio for SGLS.L, currently valued at 2.89, compared to the broader market-2.000.002.004.006.002.89
Sortino ratio
The chart of Sortino ratio for SGLS.L, currently valued at 3.75, compared to the broader market0.005.0010.003.75
Omega ratio
The chart of Omega ratio for SGLS.L, currently valued at 1.48, compared to the broader market1.001.502.002.503.003.501.48
Calmar ratio
The chart of Calmar ratio for SGLS.L, currently valued at 3.03, compared to the broader market0.005.0010.0015.003.03
Martin ratio
The chart of Martin ratio for SGLS.L, currently valued at 17.48, compared to the broader market0.0020.0040.0060.0080.00100.00120.0017.48
IGLD
Sharpe ratio
The chart of Sharpe ratio for IGLD, currently valued at 2.89, compared to the broader market-2.000.002.004.006.002.89
Sortino ratio
The chart of Sortino ratio for IGLD, currently valued at 4.01, compared to the broader market0.005.0010.004.01
Omega ratio
The chart of Omega ratio for IGLD, currently valued at 1.53, compared to the broader market1.001.502.002.503.003.501.53
Calmar ratio
The chart of Calmar ratio for IGLD, currently valued at 3.45, compared to the broader market0.005.0010.0015.003.45
Martin ratio
The chart of Martin ratio for IGLD, currently valued at 22.15, compared to the broader market0.0020.0040.0060.0080.00100.00120.0022.15

SGLS.L vs. IGLD - Sharpe Ratio Comparison

The current SGLS.L Sharpe Ratio is 2.92, which is comparable to the IGLD Sharpe Ratio of 2.76. The chart below compares the historical Sharpe Ratios of SGLS.L and IGLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctober
2.89
2.89
SGLS.L
IGLD

Dividends

SGLS.L vs. IGLD - Dividend Comparison

SGLS.L has not paid dividends to shareholders, while IGLD's dividend yield for the trailing twelve months is around 7.34%.


TTM202320222021
SGLS.L
Invesco Physical Gold GBP Hedged ETC
0.00%0.00%0.00%0.00%
IGLD
FT Cboe Vest Gold Strategy Target Income ETF
6.76%7.85%4.45%2.24%

Drawdowns

SGLS.L vs. IGLD - Drawdown Comparison

The maximum SGLS.L drawdown since its inception was -23.77%, which is greater than IGLD's maximum drawdown of -18.59%. Use the drawdown chart below to compare losses from any high point for SGLS.L and IGLD. For additional features, visit the drawdowns tool.


-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctober00
SGLS.L
IGLD

Volatility

SGLS.L vs. IGLD - Volatility Comparison

Invesco Physical Gold GBP Hedged ETC (SGLS.L) has a higher volatility of 3.90% compared to FT Cboe Vest Gold Strategy Target Income ETF (IGLD) at 2.55%. This indicates that SGLS.L's price experiences larger fluctuations and is considered to be riskier than IGLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctober
3.90%
2.55%
SGLS.L
IGLD