SGLS.L vs. SGLN.L
Compare and contrast key facts about Invesco Physical Gold GBP Hedged ETC (SGLS.L) and iShares Physical Gold ETC (SGLN.L).
SGLS.L and SGLN.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SGLS.L is a passively managed fund by Invesco that tracks the performance of the Gold (GBP Hedged). It was launched on Jul 9, 2020. SGLN.L is a passively managed fund by iShares that tracks the performance of the LBMA Gold Price. It was launched on Apr 8, 2011. Both SGLS.L and SGLN.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.
Performance
SGLS.L vs. SGLN.L - Performance Comparison
Loading graphics...
SGLS.L vs. SGLN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SGLS.L Invesco Physical Gold GBP Hedged ETC | 10.32% | 64.22% | 24.42% | 11.48% | -1.42% | -4.63% | -3.17% |
SGLN.L iShares Physical Gold ETC | 12.05% | 53.66% | 28.20% | 7.24% | 11.84% | -2.57% | -6.93% |
Returns By Period
In the year-to-date period, SGLS.L achieves a 10.32% return, which is significantly lower than SGLN.L's 12.05% return.
SGLS.L
- 1D
- 3.51%
- 1M
- -9.97%
- YTD
- 10.32%
- 6M
- 22.83%
- 1Y
- 50.63%
- 3Y*
- 32.51%
- 5Y*
- 21.44%
- 10Y*
- —
SGLN.L
- 1D
- 2.65%
- 1M
- -9.41%
- YTD
- 12.05%
- 6M
- 25.13%
- 1Y
- 48.12%
- 3Y*
- 30.78%
- 5Y*
- 23.47%
- 10Y*
- 15.23%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SGLS.L vs. SGLN.L - Expense Ratio Comparison
Return for Risk
SGLS.L vs. SGLN.L — Risk / Return Rank
SGLS.L
SGLN.L
SGLS.L vs. SGLN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Physical Gold GBP Hedged ETC (SGLS.L) and iShares Physical Gold ETC (SGLN.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.
| SGLS.L | SGLN.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.94 | 1.96 | -0.01 |
Sortino ratioReturn per unit of downside risk | 2.41 | 2.41 | 0.00 |
Omega ratioGain probability vs. loss probability | 1.35 | 1.37 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 2.83 | 2.77 | +0.06 |
Martin ratioReturn relative to average drawdown | 11.03 | 11.39 | -0.37 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SGLS.L | SGLN.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.94 | 1.96 | -0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.34 | 1.45 | -0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.96 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.03 | 0.59 | +0.44 |
Correlation
The correlation between SGLS.L and SGLN.L is 0.69, 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.
Dividends
SGLS.L vs. SGLN.L - Dividend Comparison
Neither SGLS.L nor SGLN.L has paid dividends to shareholders.
Drawdowns
SGLS.L vs. SGLN.L - Drawdown Comparison
The maximum SGLS.L drawdown since its inception was -21.94%, smaller than the maximum SGLN.L drawdown of -41.71%. Use the drawdown chart below to compare losses from any high point for SGLS.L and SGLN.L.
Loading graphics...
Drawdown Indicators
| SGLS.L | SGLN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.94% | -41.71% | +19.77% |
Max Drawdown (1Y)Largest decline over 1 year | -17.93% | -17.57% | -0.36% |
Max Drawdown (5Y)Largest decline over 5 years | -21.94% | -17.57% | -4.37% |
Max Drawdown (10Y)Largest decline over 10 years | — | -21.91% | — |
Current DrawdownCurrent decline from peak | -10.03% | -9.41% | -0.62% |
Average DrawdownAverage peak-to-trough decline | -6.78% | -14.78% | +8.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.60% | 4.27% | +0.33% |
Volatility
SGLS.L vs. SGLN.L - Volatility Comparison
Invesco Physical Gold GBP Hedged ETC (SGLS.L) and iShares Physical Gold ETC (SGLN.L) have volatilities of 11.86% and 11.66%, 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.
Loading graphics...
Volatility by Period
| SGLS.L | SGLN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.86% | 11.66% | +0.20% |
Volatility (6M)Calculated over the trailing 6-month period | 22.18% | 21.22% | +0.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.94% | 24.48% | +1.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.90% | 16.15% | +1.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.20% | 15.75% | +2.45% |