SUES.L vs. SGLP.L
SUES.L (iShares MSCI EM SRI UCITS ETF) and SGLP.L (Invesco Physical Gold A) are both exchange-traded funds - SUES.L is a Emerging Markets Equities fund tracking the MSCI EM NR USD, while SGLP.L is a Precious Metals fund tracking the Gold. Both are passively managed. Over the past 5 years, SUES.L returned 5.18%/yr vs 19.87%/yr for SGLP.L. At a 0.16 correlation, their price movements are largely independent. SUES.L charges 0.25%/yr vs 0.12%/yr for SGLP.L.
Performance
SUES.L vs. SGLP.L - Performance Comparison
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Returns By Period
In the year-to-date period, SUES.L achieves a 16.30% return, which is significantly higher than SGLP.L's 3.97% return.
SUES.L
- 1D
- -1.52%
- 1M
- 3.02%
- YTD
- 16.30%
- 6M
- 18.19%
- 1Y
- 39.85%
- 3Y*
- 14.44%
- 5Y*
- 5.18%
- 10Y*
- —
SGLP.L
- 1D
- 0.70%
- 1M
- -3.54%
- YTD
- 3.97%
- 6M
- 5.23%
- 1Y
- 34.67%
- 3Y*
- 28.15%
- 5Y*
- 19.87%
- 10Y*
- 14.26%
SUES.L vs. SGLP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SUES.L iShares MSCI EM SRI UCITS ETF | 16.30% | 22.98% | 6.49% | -4.42% | -8.54% | 0.22% | 14.91% | 11.22% | -4.94% | 22.48% |
SGLP.L Invesco Physical Gold A | 3.97% | 53.60% | 28.14% | 7.26% | 11.83% | -2.88% | 19.99% | 14.65% | 4.31% | 1.64% |
Correlation
The correlation between SUES.L and SGLP.L is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2016 | 0.16 |
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Return for Risk
SUES.L vs. SGLP.L — Risk / Return Rank
SUES.L
SGLP.L
SUES.L vs. SGLP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EM SRI UCITS ETF (SUES.L) and Invesco Physical Gold A (SGLP.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.
| SUES.L | SGLP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.05 | ||
| Sortino ratioReturn per unit of downside risk | +1.47 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.29 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 3.79 | 1.88 | +1.91 |
| Martin ratioReturn relative to average drawdown | 13.42 | 5.06 | +8.36 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SUES.L | SGLP.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.51 | 1.46 | +1.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.32 | 1.23 | -0.92 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.91 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 0.53 | -0.10 |
Drawdowns
SUES.L vs. SGLP.L - Drawdown Comparison
The maximum SUES.L drawdown since its inception was -30.11%, smaller than the maximum SGLP.L drawdown of -38.83%. Use the drawdown chart below to compare losses from any high point for SUES.L and SGLP.L.
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Drawdown Indicators
| SUES.L | SGLP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.11% | -38.83% | +8.72% |
Max Drawdown (1Y)Largest decline over 1 year | -10.48% | -17.89% | +7.41% |
Max Drawdown (3Y)Largest decline over 3 years | -17.77% | -17.89% | +0.12% |
Max Drawdown (5Y)Largest decline over 5 years | -24.78% | -17.89% | -6.89% |
Max Drawdown (10Y)Largest decline over 10 years | — | -22.34% | — |
Current DrawdownCurrent decline from peak | -2.59% | -15.97% | +13.38% |
Average DrawdownAverage peak-to-trough decline | -9.15% | -13.37% | +4.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.96% | 6.65% | -3.69% |
Volatility
SUES.L vs. SGLP.L - Volatility Comparison
iShares MSCI EM SRI UCITS ETF (SUES.L) has a higher volatility of 5.89% compared to Invesco Physical Gold A (SGLP.L) at 5.10%. This indicates that SUES.L's price experiences larger fluctuations and is considered to be riskier than SGLP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SUES.L | SGLP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.89% | 5.10% | +0.79% |
Volatility (6M)Calculated over the trailing 6-month period | 12.99% | 19.90% | -6.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.81% | 23.02% | -7.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.41% | 16.11% | +0.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.94% | 15.72% | +2.22% |
SUES.L vs. SGLP.L - Expense Ratio Comparison
SUES.L has a 0.25% expense ratio, which is higher than SGLP.L's 0.12% 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%.
Dividends
SUES.L vs. SGLP.L - Dividend Comparison
Neither SUES.L nor SGLP.L has paid dividends to shareholders.
Frequently Asked Questions
SUES.L and SGLP.L have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SGLP.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SGLP.L is cheaper with a 0.12% expense ratio, compared with 0.25% for SUES.L.
SUES.L is categorized as Emerging Markets Equities, while SGLP.L is Precious Metals. SUES.L tracks MSCI EM NR USD, while SGLP.L tracks Gold. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.25% for SUES.L and 0.12% for SGLP.L.
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