VWRL.L vs. IGLN.L
VWRL.L (Vanguard FTSE All-World UCITS ETF Distributing) and IGLN.L (iShares Physical Gold ETC) are both exchange-traded funds - VWRL.L is a Global Equities fund tracking the FTSE All-World Index, while IGLN.L is a Gold fund tracking the LBMA Gold Price. Both are passively managed. Over the past 10 years, VWRL.L returned 13.37%/yr vs 13.66%/yr for IGLN.L. At a 0.09 correlation, their price movements are largely independent. VWRL.L charges 0.19%/yr vs 0.12%/yr for IGLN.L.
Performance
VWRL.L vs. IGLN.L - Performance Comparison
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Different Trading Currencies
VWRL.L is traded in GBP, while IGLN.L is traded in USD. To make them comparable, the IGLN.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, VWRL.L achieves a 10.38% return, which is significantly higher than IGLN.L's 1.84% return. Both investments have delivered pretty close results over the past 10 years, with VWRL.L having a 13.37% annualized return and IGLN.L not far ahead at 13.66%.
VWRL.L
- 1D
- -0.21%
- 1M
- 2.33%
- YTD
- 10.38%
- 6M
- 10.56%
- 1Y
- 27.51%
- 3Y*
- 17.75%
- 5Y*
- 12.03%
- 10Y*
- 13.37%
IGLN.L
- 1D
- 0.00%
- 1M
- -5.72%
- YTD
- 1.84%
- 6M
- 3.42%
- 1Y
- 32.08%
- 3Y*
- 27.65%
- 5Y*
- 19.30%
- 10Y*
- 13.66%
VWRL.L vs. IGLN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VWRL.L Vanguard FTSE All-World UCITS ETF Distributing | 10.38% | 13.99% | 19.60% | 15.61% | -8.44% | 20.05% | 12.13% | 22.04% | -4.71% | 13.21% |
IGLN.L iShares Physical Gold ETC | 1.48% | 53.18% | 28.34% | 7.77% | 11.79% | -3.12% | 20.51% | 13.80% | 4.52% | 2.03% |
Correlation
The correlation between VWRL.L and IGLN.L is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since May 22, 2012 | 0.09 |
The correlation between VWRL.L and IGLN.L shifts across timeframes, from 0.06 (5 years) to 0.19 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
VWRL.L vs. IGLN.L — Risk / Return Rank
VWRL.L
IGLN.L
VWRL.L vs. IGLN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE All-World UCITS ETF Distributing (VWRL.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.
| VWRL.L | IGLN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.31 | ||
| Sortino ratioReturn per unit of downside risk | +1.90 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.26 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 3.87 | 1.82 | +2.05 |
| Martin ratioReturn relative to average drawdown | 15.69 | 4.73 | +10.96 |
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
| VWRL.L | IGLN.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.63 | 1.32 | +1.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.94 | 1.15 | -0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.94 | 0.84 | +0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.93 | 0.51 | +0.42 |
Drawdowns
VWRL.L vs. IGLN.L - Drawdown Comparison
The maximum VWRL.L drawdown since its inception was -24.99%, smaller than the maximum IGLN.L drawdown of -41.67%. Use the drawdown chart below to compare losses from any high point for VWRL.L and IGLN.L.
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Drawdown Indicators
| VWRL.L | IGLN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.99% | -41.67% | +16.68% |
Max Drawdown (1Y)Largest decline over 1 year | -7.08% | -17.59% | +10.51% |
Max Drawdown (3Y)Largest decline over 3 years | -17.47% | -17.59% | +0.12% |
Max Drawdown (5Y)Largest decline over 5 years | -17.47% | -17.59% | +0.12% |
Max Drawdown (10Y)Largest decline over 10 years | -24.99% | -22.37% | -2.62% |
Current DrawdownCurrent decline from peak | -1.81% | -17.59% | +15.78% |
Average DrawdownAverage peak-to-trough decline | -3.32% | -14.75% | +11.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.75% | 6.77% | -5.02% |
Volatility
VWRL.L vs. IGLN.L - Volatility Comparison
The current volatility for Vanguard FTSE All-World UCITS ETF Distributing (VWRL.L) is 2.99%, while iShares Physical Gold ETC (IGLN.L) has a volatility of 5.54%. This indicates that VWRL.L experiences smaller price fluctuations and is considered to be less risky than IGLN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VWRL.L | IGLN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.99% | 5.54% | -2.55% |
Volatility (6M)Calculated over the trailing 6-month period | 7.71% | 21.18% | -13.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.43% | 24.19% | -13.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.86% | 16.84% | -3.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.25% | 16.35% | -2.10% |
VWRL.L vs. IGLN.L - Expense Ratio Comparison
VWRL.L has a 0.19% expense ratio, which is higher than IGLN.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
VWRL.L vs. IGLN.L - Dividend Comparison
VWRL.L's dividend yield for the trailing twelve months is around 1.26%, while IGLN.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGLN.L iShares Physical Gold ETC | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VWRL.L Vanguard FTSE All-World UCITS ETF Distributing | 1.26% | 1.39% | 1.49% | 1.72% | 2.03% | 1.45% | 1.58% | 1.95% | 2.22% | 1.90% | 1.95% | 2.00% |
Frequently Asked Questions
VWRL.L and IGLN.L have a correlation of 0.19, 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 0.19% for VWRL.L.
VWRL.L is categorized as Global Equities, while IGLN.L is Gold. VWRL.L tracks FTSE All-World Index, while IGLN.L tracks LBMA Gold Price. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.19% for VWRL.L and 0.12% for IGLN.L.
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