SGOL vs. IWVL.L
SGOL (abrdn Physical Gold Shares ETF) and IWVL.L (iShares Edge MSCI World Value Factor UCITS ETF USD (Acc)) are both exchange-traded funds - SGOL is a Gold fund tracking the LBMA Gold Price PM ($/ozt), while IWVL.L is a Global Equities fund tracking the MSCI World Enhanced Value Index. Both are passively managed. Over the past 10 years, SGOL returned 12.34%/yr vs 13.36%/yr for IWVL.L. At a 0.06 correlation, their price movements are largely independent. SGOL charges 0.17%/yr vs 0.25%/yr for IWVL.L.
Performance
SGOL vs. IWVL.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SGOL achieves a -2.39% return, which is significantly lower than IWVL.L's 32.97% return. Over the past 10 years, SGOL has underperformed IWVL.L with an annualized return of 12.34%, while IWVL.L has yielded a comparatively higher 13.36% annualized return.
SGOL
- 1D
- 0.10%
- 1M
- -7.35%
- YTD
- -2.39%
- 6M
- -2.15%
- 1Y
- 22.44%
- 3Y*
- 29.18%
- 5Y*
- 17.34%
- 10Y*
- 12.34%
IWVL.L
- 1D
- 3.36%
- 1M
- 6.98%
- YTD
- 32.97%
- 6M
- 35.11%
- 1Y
- 63.09%
- 3Y*
- 28.41%
- 5Y*
- 16.13%
- 10Y*
- 13.36%
SGOL vs. IWVL.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SGOL abrdn Physical Gold Shares ETF | -2.39% | 63.99% | 26.90% | 12.99% | -0.51% | -3.94% | 25.03% | 18.21% | -1.94% | 12.86% |
IWVL.L iShares Edge MSCI World Value Factor UCITS ETF USD (Acc) | 32.97% | 40.42% | 5.13% | 19.53% | -9.79% | 20.11% | -3.67% | 18.13% | -14.03% | 22.60% |
Correlation
The correlation between SGOL and IWVL.L is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Oct 6, 2014 | 0.06 |
The correlation between SGOL and IWVL.L shifts across timeframes, from 0.06 (all time) to 0.25 (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.
Return for Risk
SGOL vs. IWVL.L — Risk / Return Rank
SGOL
IWVL.L
SGOL vs. IWVL.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for abrdn Physical Gold Shares ETF (SGOL) and iShares Edge MSCI World Value Factor UCITS ETF USD (Acc) (IWVL.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.
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.
| SGOL | IWVL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.93 | ||
| Sortino ratioReturn per unit of downside risk | -4.06 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.68 | -0.50 |
| Calmar ratioReturn relative to maximum drawdown | 0.99 | 7.10 | -6.10 |
| Martin ratioReturn relative to average drawdown | 2.85 | 25.90 | -23.05 |
Loading charts...
Drawdowns
SGOL vs. IWVL.L - Drawdown Comparison
The maximum SGOL drawdown since its inception was -45.51%, which is greater than IWVL.L's maximum drawdown of -39.30%. Use the drawdown chart below to compare losses from any high point for SGOL and IWVL.L.
Loading charts...
Drawdown Indicators
| SGOL | IWVL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.51% | -39.30% | -6.21% |
Max Drawdown (1Y)Largest decline over 1 year | -24.37% | -8.74% | -15.63% |
Max Drawdown (3Y)Largest decline over 3 years | -24.37% | -14.46% | -9.91% |
Max Drawdown (5Y)Largest decline over 5 years | -24.37% | -26.55% | +2.18% |
Max Drawdown (10Y)Largest decline over 10 years | -24.37% | -39.30% | +14.93% |
Current DrawdownCurrent decline from peak | -22.00% | -1.88% | -20.12% |
Average DrawdownAverage peak-to-trough decline | -18.41% | -7.48% | -10.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.46% | 2.40% | +6.06% |
Volatility
SGOL vs. IWVL.L - Volatility Comparison
abrdn Physical Gold Shares ETF (SGOL) has a higher volatility of 7.69% compared to iShares Edge MSCI World Value Factor UCITS ETF USD (Acc) (IWVL.L) at 6.99%. This indicates that SGOL's price experiences larger fluctuations and is considered to be riskier than IWVL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SGOL | IWVL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.69% | 6.99% | +0.70% |
Volatility (6M)Calculated over the trailing 6-month period | 23.85% | 13.69% | +10.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.08% | 16.20% | +10.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.10% | 16.15% | +1.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.04% | 17.05% | -1.01% |
SGOL vs. IWVL.L - Expense Ratio Comparison
SGOL has a 0.17% expense ratio, which is lower than IWVL.L's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
SGOL vs. IWVL.L - Dividend Comparison
Neither SGOL nor IWVL.L has paid dividends to shareholders.
Frequently Asked Questions
SGOL and IWVL.L have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SGOL is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SGOL is cheaper with a 0.17% expense ratio, compared with 0.25% for IWVL.L.
SGOL is categorized as Gold, while IWVL.L is Global Equities. SGOL tracks LBMA Gold Price PM ($/ozt), while IWVL.L tracks MSCI World Enhanced Value Index. They also come from different issuers: abrdn and iShares. Their fees differ too: 0.17% for SGOL and 0.25% for IWVL.L.
Find the right allocation for SGOL and IWVL.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer