XGLS.L vs. AIGP.L
XGLS.L (Xtrackers Physical Gold GBP Hedged ETC) and AIGP.L (WisdomTree Precious Metals) are both Precious Metals funds - XGLS.L tracks the Gold (GBP Hedged) while AIGP.L tracks the Bloomberg Precious Metals. Both are passively managed. Over the past 10 years, XGLS.L returned 11.70%/yr vs 12.87%/yr for AIGP.L. A 0.69 correlation means they provide meaningful diversification when combined. XGLS.L charges 0.69%/yr vs 0.49%/yr for AIGP.L.
Performance
XGLS.L vs. AIGP.L - Performance Comparison
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Different Trading Currencies
XGLS.L is traded in GBp, while AIGP.L is traded in USD. To make them comparable, the AIGP.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, XGLS.L achieves a 2.92% return, which is significantly lower than AIGP.L's 4.78% return. Over the past 10 years, XGLS.L has underperformed AIGP.L with an annualized return of 11.70%, while AIGP.L has yielded a comparatively higher 12.87% annualized return.
XGLS.L
- 1D
- 0.61%
- 1M
- -2.45%
- YTD
- 2.92%
- 6M
- 5.12%
- 1Y
- 30.57%
- 3Y*
- 29.95%
- 5Y*
- 17.04%
- 10Y*
- 11.70%
AIGP.L
- 1D
- 0.43%
- 1M
- -1.13%
- YTD
- 4.78%
- 6M
- 11.69%
- 1Y
- 49.80%
- 3Y*
- 30.16%
- 5Y*
- 18.97%
- 10Y*
- 12.87%
XGLS.L vs. AIGP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XGLS.L Xtrackers Physical Gold GBP Hedged ETC | 2.92% | 63.07% | 24.85% | 11.63% | -1.63% | -4.91% | 22.11% | 15.69% | -3.62% | 9.65% |
AIGP.L WisdomTree Precious Metals | 4.78% | 65.90% | 25.41% | 2.42% | 10.92% | -6.87% | 20.42% | 11.65% | 0.94% | -1.68% |
Correlation
The correlation between XGLS.L and AIGP.L is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.90 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.83 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since May 5, 2011 | 0.69 |
Over the past year, XGLS.L and AIGP.L have become more correlated (0.90) than their long-term average of 0.69, meaning their price movements have been converging.
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Return for Risk
XGLS.L vs. AIGP.L — Risk / Return Rank
XGLS.L
AIGP.L
XGLS.L vs. AIGP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Physical Gold GBP Hedged ETC (XGLS.L) and WisdomTree Precious Metals (AIGP.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.
| XGLS.L | AIGP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.44 | ||
| Sortino ratioReturn per unit of downside risk | -0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.31 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.67 | 2.36 | -0.69 |
| Martin ratioReturn relative to average drawdown | 4.36 | 6.08 | -1.71 |
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
| XGLS.L | AIGP.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.23 | 1.67 | -0.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.99 | 1.08 | -0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.75 | 0.76 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.56 | -0.21 |
Drawdowns
XGLS.L vs. AIGP.L - Drawdown Comparison
The maximum XGLS.L drawdown since its inception was -46.55%, smaller than the maximum AIGP.L drawdown of -51.55%. Use the drawdown chart below to compare losses from any high point for XGLS.L and AIGP.L.
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Drawdown Indicators
| XGLS.L | AIGP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.55% | -51.55% | +5.00% |
Max Drawdown (1Y)Largest decline over 1 year | -18.19% | -21.00% | +2.81% |
Max Drawdown (3Y)Largest decline over 3 years | -18.19% | -21.00% | +2.81% |
Max Drawdown (5Y)Largest decline over 5 years | -21.88% | -21.00% | -0.88% |
Max Drawdown (10Y)Largest decline over 10 years | -22.99% | -23.05% | +0.06% |
Current DrawdownCurrent decline from peak | -16.29% | -18.42% | +2.13% |
Average DrawdownAverage peak-to-trough decline | -23.37% | -19.70% | -3.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.99% | 8.17% | -1.18% |
Volatility
XGLS.L vs. AIGP.L - Volatility Comparison
The current volatility for Xtrackers Physical Gold GBP Hedged ETC (XGLS.L) is 6.37%, while WisdomTree Precious Metals (AIGP.L) has a volatility of 7.75%. This indicates that XGLS.L experiences smaller price fluctuations and is considered to be less risky than AIGP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XGLS.L | AIGP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.37% | 7.75% | -1.38% |
Volatility (6M)Calculated over the trailing 6-month period | 21.81% | 26.85% | -5.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.78% | 29.66% | -4.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.25% | 21.10% | -3.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.52% | 20.20% | -4.68% |
XGLS.L vs. AIGP.L - Expense Ratio Comparison
XGLS.L has a 0.69% expense ratio, which is higher than AIGP.L's 0.49% expense ratio.
Dividends
XGLS.L vs. AIGP.L - Dividend Comparison
Neither XGLS.L nor AIGP.L has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.90, XGLS.L and AIGP.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, AIGP.L is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AIGP.L is cheaper with a 0.49% expense ratio, compared with 0.69% for XGLS.L.
XGLS.L tracks Gold (GBP Hedged), while AIGP.L tracks Bloomberg Precious Metals. They also come from different issuers: Xtrackers and WisdomTree. Their fees differ too: 0.69% for XGLS.L and 0.49% for AIGP.L.
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