SHLD.L vs. IGLN.L
SHLD.L (iShares Digital Security UCITS ETF USD Dist) and IGLN.L (iShares Physical Gold ETC) are both exchange-traded funds - SHLD.L is a Technology Equities fund tracking the iShares Digital Security UCITS ETF USD Dist, while IGLN.L is a Gold fund tracking the LBMA Gold Price. Both are passively managed. Over the past 5 years, SHLD.L returned 9.32%/yr vs 17.30%/yr for IGLN.L. At a 0.14 correlation, their price movements are largely independent. SHLD.L charges 0.40%/yr vs 0.12%/yr for IGLN.L.
Performance
SHLD.L vs. IGLN.L - Performance Comparison
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Returns By Period
In the year-to-date period, SHLD.L achieves a 17.77% return, which is significantly higher than IGLN.L's -6.13% return.
SHLD.L
- 1D
- 0.11%
- 1M
- 3.71%
- 6M
- 17.56%
- YTD
- 17.77%
- 1Y
- 25.07%
- 3Y*
- 19.63%
- 5Y*
- 9.32%
- 10Y*
- —
IGLN.L
- 1D
- -0.82%
- 1M
- -7.02%
- 6M
- -12.44%
- YTD
- -6.13%
- 1Y
- 21.47%
- 3Y*
- 27.22%
- 5Y*
- 17.30%
- 10Y*
- 11.58%
SHLD.L vs. IGLN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
SHLD.L iShares Digital Security UCITS ETF USD Dist | 17.77% | 11.51% | 16.55% | 33.91% | -29.11% | 16.50% | 27.22% | 28.27% | -1.78% |
IGLN.L iShares Physical Gold ETC | -6.13% | 64.93% | 26.14% | 13.44% | -0.09% | -4.03% | 24.16% | 18.30% | 4.31% |
Correlation
The correlation between SHLD.L and IGLN.L is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Oct 30, 2018 | 0.14 |
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Return for Risk
SHLD.L vs. IGLN.L — Risk / Return Rank
SHLD.L
IGLN.L
SHLD.L vs. IGLN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Digital Security UCITS ETF USD Dist (SHLD.L) and iShares Physical Gold ETC (IGLN.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.
| SHLD.L | IGLN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.37 | ||
| Sortino ratioReturn per unit of downside risk | +0.55 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.16 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.23 | 0.88 | +1.35 |
| Martin ratioReturn relative to average drawdown | 4.84 | 2.15 | +2.69 |
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Drawdowns
SHLD.L vs. IGLN.L - Drawdown Comparison
The maximum SHLD.L drawdown since its inception was -36.07%, smaller than the maximum IGLN.L drawdown of -45.25%. Use the drawdown chart below to compare losses from any high point for SHLD.L and IGLN.L.
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Drawdown Indicators
| SHLD.L | IGLN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.07% | -45.25% | +9.18% |
Max Drawdown (1Y)Largest decline over 1 year | -11.40% | -24.39% | +12.99% |
Max Drawdown (3Y)Largest decline over 3 years | -22.72% | -24.39% | +1.67% |
Max Drawdown (5Y)Largest decline over 5 years | -36.07% | -24.39% | -11.68% |
Max Drawdown (10Y)Largest decline over 10 years | — | -24.39% | — |
Current DrawdownCurrent decline from peak | -4.38% | -23.66% | +19.28% |
Average DrawdownAverage peak-to-trough decline | -9.27% | -19.73% | +10.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.27% | 9.97% | -4.70% |
Volatility
SHLD.L vs. IGLN.L - Volatility Comparison
iShares Digital Security UCITS ETF USD Dist (SHLD.L) and iShares Physical Gold ETC (IGLN.L) have volatilities of 7.42% and 7.59%, 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.
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Volatility by Period
| SHLD.L | IGLN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.42% | 7.59% | -0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 18.10% | 23.02% | -4.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.64% | 26.39% | -4.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.39% | 17.79% | +3.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.23% | 15.74% | +5.49% |
SHLD.L vs. IGLN.L - Expense Ratio Comparison
SHLD.L has a 0.40% expense ratio, which is higher than IGLN.L's 0.12% expense ratio.
Dividends
SHLD.L vs. IGLN.L - Dividend Comparison
SHLD.L's dividend yield for the trailing twelve months is around 0.35%, while IGLN.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
IGLN.L iShares Physical Gold ETC | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SHLD.L iShares Digital Security UCITS ETF USD Dist | 0.35% | 0.39% | 0.48% | 0.43% | 0.63% | 0.66% | 0.84% | 1.00% |
Frequently Asked Questions
SHLD.L and IGLN.L have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IGLN.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IGLN.L is cheaper with a 0.12% expense ratio, compared with 0.40% for SHLD.L.
SHLD.L is categorized as Technology Equities, while IGLN.L is Gold. SHLD.L tracks iShares Digital Security UCITS ETF USD Dist, while IGLN.L tracks LBMA Gold Price. Their fees differ too: 0.40% for SHLD.L and 0.12% for IGLN.L.
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