SPOG.L vs. IAU
Compare and contrast key facts about iShares Oil & Gas Exploration & Production UCITS ETF (SPOG.L) and iShares Gold Trust (IAU).
SPOG.L and IAU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPOG.L is a passively managed fund by iShares that tracks the performance of the MSCI World/Energy NR USD. It was launched on Sep 16, 2011. IAU is a passively managed fund by iShares that tracks the performance of the Gold Bullion. It was launched on Jan 28, 2005. Both SPOG.L and IAU 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: SPOG.L or IAU.
Key characteristics
| SPOG.L | IAU | |
|---|---|---|
| YTD Return | 5.96% | 24.16% |
| 1Y Return | 1.41% | 30.69% |
| 3Y Return (Ann) | 15.16% | 11.01% |
| 5Y Return (Ann) | 13.51% | 11.67% |
| 10Y Return (Ann) | 2.88% | 7.82% |
| Sharpe Ratio | 0.26 | 2.06 |
| Sortino Ratio | 0.49 | 2.76 |
| Omega Ratio | 1.06 | 1.36 |
| Calmar Ratio | 0.21 | 3.81 |
| Martin Ratio | 0.51 | 12.77 |
| Ulcer Index | 10.53% | 2.38% |
| Daily Std Dev | 20.65% | 14.74% |
| Max Drawdown | -76.49% | -45.14% |
| Current Drawdown | -14.64% | -7.96% |
Correlation
The correlation between SPOG.L and IAU is 0.08, 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.
Performance
SPOG.L vs. IAU - Performance Comparison
In the year-to-date period, SPOG.L achieves a 5.96% return, which is significantly lower than IAU's 24.16% return. Over the past 10 years, SPOG.L has underperformed IAU with an annualized return of 2.88%, while IAU has yielded a comparatively higher 7.82% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SPOG.L vs. IAU - Expense Ratio Comparison
SPOG.L has a 0.55% expense ratio, which is higher than IAU's 0.25% expense ratio.
Risk-Adjusted Performance
SPOG.L vs. IAU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Oil & Gas Exploration & Production UCITS ETF (SPOG.L) and iShares Gold Trust (IAU). 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
SPOG.L vs. IAU - Dividend Comparison
Neither SPOG.L nor IAU has paid dividends to shareholders.
Drawdowns
SPOG.L vs. IAU - Drawdown Comparison
The maximum SPOG.L drawdown since its inception was -76.49%, which is greater than IAU's maximum drawdown of -45.14%. Use the drawdown chart below to compare losses from any high point for SPOG.L and IAU. For additional features, visit the drawdowns tool.
Volatility
SPOG.L vs. IAU - Volatility Comparison
The current volatility for iShares Oil & Gas Exploration & Production UCITS ETF (SPOG.L) is 4.55%, while iShares Gold Trust (IAU) has a volatility of 5.45%. This indicates that SPOG.L experiences smaller price fluctuations and is considered to be less risky than IAU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.