SNPG vs. FGDL

Last updated Aug 2, 2026

SNPG (Xtrackers S&P 500 Growth ESG ETF) and FGDL (Franklin Responsibly Sourced Gold ETF) are both exchange-traded funds - SNPG is a Large Cap Growth Equities fund tracking the S&P 500 Growth ESG Index, while FGDL is a Gold fund tracking the LBMA Gold Price PM ($/ozt). Both are passively managed. Over the past 3 years, SNPG returned 21.47%/yr vs 27.62%/yr for FGDL. Their 0.11 correlation means their historical movements had little consistent relationship. Both charge a 0.15% expense ratio.

Performance

SNPG vs. FGDL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers S&P 500 Growth ESG ETF (SNPG) and Franklin Responsibly Sourced Gold ETF (FGDL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SNPG achieves a 8.25% return, which is significantly higher than FGDL's -6.20% return.

SNPG

• 1D: 0.79%
• 1M: -2.92%
• 6M: 8.74%
• YTD: 8.25%
• 1Y: 19.28%
• 3Y*: 21.47%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 26.75%

FGDL

• 1D: -1.15%
• 1M: -1.37%
• 6M: -16.26%
• YTD: -6.20%
• 1Y: 20.79%
• 3Y*: 27.62%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.68%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FGDL Franklin Responsibly Sourced Gold ETF	$1.02M	$929.90K	$1.28M
SNPG Xtrackers S&P 500 Growth ESG ETF	$89.94K	$76.62K	$58.56K

SNPG vs. FGDL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SNPG Xtrackers S&P 500 Growth ESG ETF	8.25%	18.22%	33.99%	38.45%	1.81%
FGDL Franklin Responsibly Sourced Gold ETF	-6.20%	64.15%	27.31%	12.92%	6.49%

Correlation

The correlation between SNPG and FGDL is 0.25, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.25
Correlation (3Y) Balances recent behavior with more history.	0.11
Correlation (All Time) Calculated using the full available price history since Nov 9, 2022	0.11

The correlation between SNPG and FGDL shifts across timeframes, from 0.11 (all time) to 0.25 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

SNPG vs. FGDL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SNPG

SNPG Risk / Return Rank: 41
SNPG Sharpe Ratio Rank: 41
SNPG Sortino Ratio Rank: 42
SNPG Omega Ratio Rank: 39
SNPG Calmar Ratio Rank: 38
SNPG Martin Ratio Rank: 43

FGDL

FGDL Risk / Return Rank: 30
FGDL Sharpe Ratio Rank: 33
FGDL Sortino Ratio Rank: 31
FGDL Omega Ratio Rank: 35
FGDL Calmar Ratio Rank: 27
FGDL Martin Ratio Rank: 24

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SNPG vs. FGDL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P 500 Growth ESG ETF (SNPG) and Franklin Responsibly Sourced Gold ETF (FGDL). 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.

	SNPG	FGDL	Difference
Sharpe ratio: Return per unit of total volatility	1.02	0.80	+0.22
Sortino ratio: Return per unit of downside risk	1.56	1.15	+0.41
Omega ratio: Gain probability vs. loss probability	1.19	1.17	+0.02
Calmar ratio: Return relative to maximum drawdown	1.35	0.85	+0.49
Martin ratio: Return relative to average drawdown	4.78	1.84	+2.94

SNPG vs. FGDL - Sharpe Ratio Comparison

The current SNPG Sharpe Ratio is 1.02, which is comparable to the FGDL Sharpe Ratio of 0.80. The chart below compares the historical Sharpe Ratios of SNPG and FGDL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SNPG vs. FGDL - Drawdown Comparison

The maximum SNPG drawdown since its inception was -21.69%, smaller than the maximum FGDL drawdown of -26.58%. Use the drawdown chart below to compare losses from any high point for SNPG and FGDL.

Drawdown Indicators

	SNPG	FGDL	Difference
Max Drawdown Largest peak-to-trough decline	-21.69%	-26.58%	+4.89%
Max Drawdown (1Y) Largest decline over 1 year	-13.12%	-26.58%	+13.46%
Max Drawdown (3Y) Largest decline over 3 years	-21.69%	-26.58%	+4.89%
Current Drawdown Current decline from peak	-6.69%	-25.05%	+18.36%
Average Drawdown Average peak-to-trough decline	-2.60%	-4.63%	+2.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.69%	12.33%	-8.64%

Volatility

SNPG vs. FGDL - Volatility Comparison

Xtrackers S&P 500 Growth ESG ETF (SNPG) has a higher volatility of 6.72% compared to Franklin Responsibly Sourced Gold ETF (FGDL) at 6.14%. This indicates that SNPG's price experiences larger fluctuations and is considered to be riskier than FGDL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SNPG	FGDL	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.72%	6.14%	+0.58%
Volatility (6M) Calculated over the trailing 6-month period	15.13%	23.68%	-8.55%
Volatility (1Y) Calculated over the trailing 1-year period	17.26%	28.25%	-10.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.48%	19.40%	-0.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.48%	19.40%	-0.92%

SNPG vs. FGDL - Expense Ratio Comparison

Both SNPG and FGDL have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

SNPG vs. FGDL - Dividend Comparison

SNPG's dividend yield for the trailing twelve months is around 0.48%, while FGDL has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
FGDL Franklin Responsibly Sourced Gold ETF	0.00%	0.00%	0.00%	0.00%	0.00%
SNPG Xtrackers S&P 500 Growth ESG ETF	0.48%	0.49%	0.57%	0.95%	0.20%

Frequently Asked Questions

Can I hold both SNPG and FGDL in my portfolio?

SNPG and FGDL 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.

Which is riskier, SNPG or FGDL?

SNPG has higher volatility (6.72%) compared to FGDL (6.14%). In terms of maximum drawdown, SNPG dropped -21.69% vs FGDL's -26.58%.

Which ETF is better, SNPG or FGDL?

On 3-year performance, FGDL leads with 27.62% vs 21.47% for SNPG. Both ETFs have the same 0.15% expense ratio. On volatility, FGDL has been the lower-risk option at 6.14%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SNPG or FGDL?

Over the 3-year period, FGDL has performed better with a 27.62% return vs 21.47%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SNPG or FGDL?

SNPG and FGDL have the same expense ratio: 0.15% per year.

Which ETF pays a higher dividend yield, SNPG or FGDL?

SNPG has the higher dividend yield at 0.48%, compared with 0.00% for FGDL.

What is the main difference between SNPG and FGDL?

SNPG is categorized as Large Cap Growth Equities, while FGDL is Gold. SNPG tracks S&P 500 Growth ESG Index, while FGDL tracks LBMA Gold Price PM ($/ozt). They also come from different issuers: Xtrackers and Franklin Templeton.

Which has better risk-adjusted returns?

SNPG currently has the higher Sharpe Ratio (1.02 vs 0.80), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.