XGLS.L vs. REGB.L
XGLS.L (Xtrackers Physical Gold GBP Hedged ETC) and REGB.L (VanEck Rare Earth and Strategic Metals UCITS ETF A) are both Precious Metals funds - XGLS.L tracks the Gold (GBP Hedged) while REGB.L tracks the EMIX Global Mining Global Gold TR USD. Both are passively managed. Over the past 3 years, XGLS.L returned 29.56%/yr vs 3.20%/yr for REGB.L. At a 0.23 correlation, their price movements are largely independent. XGLS.L charges 0.69%/yr vs 0.59%/yr for REGB.L.
Performance
XGLS.L vs. REGB.L - Performance Comparison
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Different Trading Currencies
XGLS.L is traded in GBp, while REGB.L is traded in GBP. To make them comparable, the REGB.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 2.29% return, which is significantly lower than REGB.L's 31.29% return.
XGLS.L
- 1D
- -1.39%
- 1M
- -4.31%
- YTD
- 2.29%
- 6M
- 4.33%
- 1Y
- 30.74%
- 3Y*
- 29.56%
- 5Y*
- 16.90%
- 10Y*
- 11.69%
REGB.L
- 1D
- -1.86%
- 1M
- -6.24%
- YTD
- 31.29%
- 6M
- 38.96%
- 1Y
- 162.45%
- 3Y*
- 3.20%
- 5Y*
- —
- 10Y*
- —
XGLS.L vs. REGB.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XGLS.L Xtrackers Physical Gold GBP Hedged ETC | 2.29% | 63.07% | 24.85% | 11.63% | -1.63% | 4.85% |
REGB.L VanEck Rare Earth and Strategic Metals UCITS ETF A | 31.29% | 75.67% | -34.55% | -22.78% | -22.89% | 14.56% |
Correlation
The correlation between XGLS.L and REGB.L is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2021 | 0.23 |
The correlation between XGLS.L and REGB.L shifts across timeframes, from 0.23 (all time) to 0.39 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
XGLS.L vs. REGB.L — Risk / Return Rank
XGLS.L
REGB.L
XGLS.L vs. REGB.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 VanEck Rare Earth and Strategic Metals UCITS ETF A (REGB.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 | REGB.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.35 | ||
| Sortino ratioReturn per unit of downside risk | -2.14 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.46 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 1.68 | 7.71 | -6.03 |
| Martin ratioReturn relative to average drawdown | 4.44 | 20.77 | -16.34 |
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 | REGB.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.24 | 3.58 | -2.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.98 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.75 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.01 | +0.34 |
Drawdowns
XGLS.L vs. REGB.L - Drawdown Comparison
The maximum XGLS.L drawdown since its inception was -46.55%, smaller than the maximum REGB.L drawdown of -72.41%. Use the drawdown chart below to compare losses from any high point for XGLS.L and REGB.L.
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Drawdown Indicators
| XGLS.L | REGB.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.55% | -72.41% | +25.86% |
Max Drawdown (1Y)Largest decline over 1 year | -18.19% | -20.93% | +2.74% |
Max Drawdown (3Y)Largest decline over 3 years | -18.19% | -60.97% | +42.78% |
Max Drawdown (5Y)Largest decline over 5 years | -21.88% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -22.99% | — | — |
Current DrawdownCurrent decline from peak | -16.80% | -23.30% | +6.50% |
Average DrawdownAverage peak-to-trough decline | -23.38% | -40.12% | +16.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.91% | 7.79% | -0.88% |
Volatility
XGLS.L vs. REGB.L - Volatility Comparison
The current volatility for Xtrackers Physical Gold GBP Hedged ETC (XGLS.L) is 6.43%, while VanEck Rare Earth and Strategic Metals UCITS ETF A (REGB.L) has a volatility of 13.31%. This indicates that XGLS.L experiences smaller price fluctuations and is considered to be less risky than REGB.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 | REGB.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.43% | 13.31% | -6.88% |
Volatility (6M)Calculated over the trailing 6-month period | 21.82% | 31.52% | -9.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.79% | 45.11% | -20.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.26% | 44.61% | -27.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.52% | 44.61% | -29.09% |
XGLS.L vs. REGB.L - Expense Ratio Comparison
XGLS.L has a 0.69% expense ratio, which is higher than REGB.L's 0.59% expense ratio.
Dividends
XGLS.L vs. REGB.L - Dividend Comparison
Neither XGLS.L nor REGB.L has paid dividends to shareholders.
Frequently Asked Questions
XGLS.L and REGB.L have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, REGB.L is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.
REGB.L is cheaper with a 0.59% expense ratio, compared with 0.69% for XGLS.L.
XGLS.L tracks Gold (GBP Hedged), while REGB.L tracks EMIX Global Mining Global Gold TR USD. They also come from different issuers: Xtrackers and VanEck. Their fees differ too: 0.69% for XGLS.L and 0.59% for REGB.L.
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