XGDU.DE vs. X7PP.L
XGDU.DE (Xtrackers IE Physical Gold ETC Securities) and X7PP.L (Invesco European Banks Sector UCITS ETF) are both exchange-traded funds - XGDU.DE is a Gold fund tracking the Gold, while X7PP.L is a Financials Equities fund tracking the MSCI World/Financials NR USD. Both are passively managed. Over the past 5 years, XGDU.DE returned 18.72%/yr vs 29.84%/yr for X7PP.L. At a correlation of -0.07, they often move in opposite directions. XGDU.DE charges 0.12%/yr vs 0.20%/yr for X7PP.L.
Performance
XGDU.DE vs. X7PP.L - Performance Comparison
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Different Trading Currencies
XGDU.DE is traded in EUR, while X7PP.L is traded in GBp. To make them comparable, the X7PP.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, XGDU.DE achieves a -5.61% return, which is significantly lower than X7PP.L's 14.64% return.
XGDU.DE
- 1D
- 0.13%
- 1M
- -8.80%
- YTD
- -5.61%
- 6M
- -6.76%
- 1Y
- 23.53%
- 3Y*
- 25.91%
- 5Y*
- 18.72%
- 10Y*
- —
X7PP.L
- 1D
- 0.75%
- 1M
- 7.36%
- YTD
- 14.64%
- 6M
- 15.08%
- 1Y
- 52.00%
- 3Y*
- 46.50%
- 5Y*
- 29.84%
- 10Y*
- 17.18%
XGDU.DE vs. X7PP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XGDU.DE Xtrackers IE Physical Gold ETC Securities | -5.61% | 49.09% | 34.21% | 9.43% | 6.99% | 3.80% | -10.64% |
X7PP.L Invesco European Banks Sector UCITS ETF | 14.64% | 77.98% | 33.20% | 25.89% | 0.57% | 37.56% | 40.75% |
Correlation
The correlation between XGDU.DE and X7PP.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 | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.06 |
Correlation (All Time) Calculated using the full available price history since Apr 22, 2020 | -0.07 |
The correlation between XGDU.DE and X7PP.L shifts across timeframes, from -0.07 (all time) to 0.20 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
XGDU.DE vs. X7PP.L — Risk / Return Rank
XGDU.DE
X7PP.L
XGDU.DE vs. X7PP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers IE Physical Gold ETC Securities (XGDU.DE) and Invesco European Banks Sector UCITS ETF (X7PP.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.
| XGDU.DE | X7PP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.62 | ||
| Sortino ratioReturn per unit of downside risk | -2.03 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.39 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.06 | 3.16 | -2.10 |
| Martin ratioReturn relative to average drawdown | 2.47 | 10.35 | -7.87 |
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Drawdowns
XGDU.DE vs. X7PP.L - Drawdown Comparison
The maximum XGDU.DE drawdown since its inception was -22.01%, smaller than the maximum X7PP.L drawdown of -60.65%. Use the drawdown chart below to compare losses from any high point for XGDU.DE and X7PP.L.
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Drawdown Indicators
| XGDU.DE | X7PP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.01% | -60.65% | +38.64% |
Max Drawdown (1Y)Largest decline over 1 year | -22.01% | -16.37% | -5.64% |
Max Drawdown (3Y)Largest decline over 3 years | -22.01% | -20.20% | -1.81% |
Max Drawdown (5Y)Largest decline over 5 years | -22.01% | -29.59% | +7.58% |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.78% | — |
Current DrawdownCurrent decline from peak | -21.91% | -1.62% | -20.29% |
Average DrawdownAverage peak-to-trough decline | -6.83% | -20.44% | +13.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.49% | 5.01% | +4.48% |
Volatility
XGDU.DE vs. X7PP.L - Volatility Comparison
Xtrackers IE Physical Gold ETC Securities (XGDU.DE) has a higher volatility of 8.00% compared to Invesco European Banks Sector UCITS ETF (X7PP.L) at 6.24%. This indicates that XGDU.DE's price experiences larger fluctuations and is considered to be riskier than X7PP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XGDU.DE | X7PP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.00% | 6.24% | +1.76% |
Volatility (6M)Calculated over the trailing 6-month period | 21.36% | 18.42% | +2.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.53% | 22.16% | +10.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.97% | 23.66% | -4.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.76% | 24.99% | -6.23% |
XGDU.DE vs. X7PP.L - Expense Ratio Comparison
XGDU.DE has a 0.12% expense ratio, which is lower than X7PP.L's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XGDU.DE vs. X7PP.L - Dividend Comparison
Neither XGDU.DE nor X7PP.L has paid dividends to shareholders.
Frequently Asked Questions
XGDU.DE and X7PP.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, XGDU.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XGDU.DE is cheaper with a 0.12% expense ratio, compared with 0.20% for X7PP.L.
XGDU.DE is categorized as Gold, while X7PP.L is Financials Equities. XGDU.DE tracks Gold, while X7PP.L tracks MSCI World/Financials NR USD. They also come from different issuers: Xtrackers and Invesco. Their fees differ too: 0.12% for XGDU.DE and 0.20% for X7PP.L.
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