SGOL vs. SPY
Compare and contrast key facts about Aberdeen Standard Physical Gold Shares ETF (SGOL) and SPDR S&P 500 ETF (SPY).
SGOL and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SGOL is a passively managed fund by Abrdn Plc that tracks the performance of the LBMA Gold Price PM ($/ozt). It was launched on Sep 9, 2009. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both SGOL and SPY 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: SGOL or SPY.
Performance
SGOL vs. SPY - Performance Comparison
Returns By Period
The year-to-date returns for both investments are quite close, with SGOL having a 23.91% return and SPY slightly higher at 24.40%. Over the past 10 years, SGOL has underperformed SPY with an annualized return of 7.64%, while SPY has yielded a comparatively higher 13.04% annualized return.
SGOL
23.91%
-4.27%
5.89%
29.08%
11.63%
7.64%
SPY
24.40%
0.59%
11.33%
31.86%
15.23%
13.04%
Key characteristics
| SGOL | SPY | |
|---|---|---|
| Sharpe Ratio | 2.08 | 2.64 |
| Sortino Ratio | 2.79 | 3.53 |
| Omega Ratio | 1.36 | 1.49 |
| Calmar Ratio | 3.76 | 3.81 |
| Martin Ratio | 12.62 | 17.21 |
| Ulcer Index | 2.42% | 1.86% |
| Daily Std Dev | 14.69% | 12.15% |
| Max Drawdown | -45.51% | -55.19% |
| Current Drawdown | -8.11% | -2.17% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SGOL vs. SPY - Expense Ratio Comparison
SGOL has a 0.17% expense ratio, which is higher than SPY's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between SGOL and SPY is 0.05, 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.
Risk-Adjusted Performance
SGOL vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Aberdeen Standard Physical Gold Shares ETF (SGOL) and SPDR S&P 500 ETF (SPY). 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
SGOL vs. SPY - Dividend Comparison
SGOL has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.20%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SGOL Aberdeen Standard Physical Gold Shares ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.20% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
SGOL vs. SPY - Drawdown Comparison
The maximum SGOL drawdown since its inception was -45.51%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SGOL and SPY. For additional features, visit the drawdowns tool.
Volatility
SGOL vs. SPY - Volatility Comparison
Aberdeen Standard Physical Gold Shares ETF (SGOL) has a higher volatility of 5.31% compared to SPDR S&P 500 ETF (SPY) at 4.08%. This indicates that SGOL's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.