XLIS.L vs. SGLP.L

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco Industrials S&P US Select Sector UCITS ETF Acc (XLIS.L) and Invesco Physical Gold A (SGLP.L).

XLIS.L and SGLP.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XLIS.L is a passively managed fund by Invesco that tracks the performance of the S&P® Select Sector Capped 20% Industrials Index. It was launched on Dec 16, 2009. SGLP.L is a passively managed fund by Invesco that tracks the performance of the Gold. It was launched on Jun 24, 2009. Both XLIS.L and SGLP.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

XLIS.L vs. SGLP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Industrials S&P US Select Sector UCITS ETF Acc (XLIS.L) and Invesco Physical Gold A (SGLP.L). The values are adjusted to include any dividend payments, if applicable.

XLIS.L vs. SGLP.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XLIS.L Invesco Industrials S&P US Select Sector UCITS ETF Acc	5.99%	19.35%	17.30%	17.93%	-5.18%	20.54%	9.91%	28.73%	-14.24%	20.32%
SGLP.L Invesco Physical Gold A	10.78%	65.19%	26.00%	12.92%	-0.12%	-3.76%	23.67%	19.25%	-1.60%	11.32%

Different Trading Currencies

XLIS.L is traded in USD, while SGLP.L is traded in GBp. To make them comparable, the SGLP.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, XLIS.L achieves a 5.99% return, which is significantly lower than SGLP.L's 10.78% return. Over the past 10 years, XLIS.L has underperformed SGLP.L with an annualized return of 12.77%, while SGLP.L has yielded a comparatively higher 14.44% annualized return.

XLIS.L

• 1D: 3.77%
• 1M: -6.71%
• YTD: 5.99%
• 6M: 7.82%
• 1Y: 26.99%
• 3Y*: 19.32%
• 5Y*: 12.31%
• 10Y*: 12.77%

SGLP.L

• 1D: 3.23%
• 1M: -10.12%
• YTD: 10.78%
• 6M: 23.48%
• 1Y: 52.52%
• 3Y*: 34.10%
• 5Y*: 22.38%
• 10Y*: 14.44%

*Multi-year figures are annualized to reflect compound growth (CAGR)

XLIS.L vs. SGLP.L - Expense Ratio Comparison

XLIS.L has a 0.14% 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%.

XLIS.L

Invesco Industrials S&P US Select Sector UCITS ETF Acc

SGLP.L

Invesco Physical Gold A

Return for Risk

XLIS.L vs. SGLP.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XLIS.L

XLIS.L Risk / Return Rank: 78
XLIS.L Sharpe Ratio Rank: 77
XLIS.L Sortino Ratio Rank: 78
XLIS.L Omega Ratio Rank: 75
XLIS.L Calmar Ratio Rank: 77
XLIS.L Martin Ratio Rank: 80

SGLP.L

SGLP.L Risk / Return Rank: 88
SGLP.L Sharpe Ratio Rank: 89
SGLP.L Sortino Ratio Rank: 87
SGLP.L Omega Ratio Rank: 88
SGLP.L Calmar Ratio Rank: 86
SGLP.L Martin Ratio Rank: 89

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XLIS.L vs. SGLP.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Industrials S&P US Select Sector UCITS ETF Acc (XLIS.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.

	XLIS.L	SGLP.L	Difference
Sharpe ratio Return per unit of total volatility	1.51	2.00	-0.49
Sortino ratio Return per unit of downside risk	2.13	2.48	-0.35
Omega ratio Gain probability vs. loss probability	1.30	1.35	-0.05
Calmar ratio Return relative to maximum drawdown	2.44	2.94	-0.49
Martin ratio Return relative to average drawdown	9.89	11.50	-1.62
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XLIS.L vs. SGLP.L - Sharpe Ratio Comparison

The current XLIS.L Sharpe Ratio is 1.51, which is comparable to the SGLP.L Sharpe Ratio of 2.00. The chart below compares the historical Sharpe Ratios of XLIS.L and SGLP.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	XLIS.L	SGLP.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.51	2.00	-0.49
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.71	1.30	-0.59
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.67	0.92	-0.25
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	0.49	+0.15

Correlation

The correlation between XLIS.L and SGLP.L is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

XLIS.L vs. SGLP.L - Dividend Comparison

Neither XLIS.L nor SGLP.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

XLIS.L vs. SGLP.L - Drawdown Comparison

The maximum XLIS.L drawdown since its inception was -42.30%, roughly equal to the maximum SGLP.L drawdown of -41.88%. Use the drawdown chart below to compare losses from any high point for XLIS.L and SGLP.L.

Drawdown Indicators

	XLIS.L	SGLP.L	Difference
Max Drawdown Largest peak-to-trough decline	-42.30%	-38.83%	-3.47%
Max Drawdown (1Y) Largest decline over 1 year	-13.31%	-17.89%	+4.58%
Max Drawdown (5Y) Largest decline over 5 years	-21.21%	-17.89%	-3.32%
Max Drawdown (10Y) Largest decline over 10 years	-42.30%	-22.34%	-19.96%
Current Drawdown Current decline from peak	-6.71%	-9.45%	+2.74%
Average Drawdown Average peak-to-trough decline	-4.70%	-13.37%	+8.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.63%	4.24%	-1.61%

Volatility

XLIS.L vs. SGLP.L - Volatility Comparison

The current volatility for Invesco Industrials S&P US Select Sector UCITS ETF Acc (XLIS.L) is 6.44%, while Invesco Physical Gold A (SGLP.L) has a volatility of 10.99%. This indicates that XLIS.L experiences smaller price fluctuations and is considered to be less risky than SGLP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XLIS.L	SGLP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.44%	10.99%	-4.55%
Volatility (6M) Calculated over the trailing 6-month period	10.06%	21.70%	-11.64%
Volatility (1Y) Calculated over the trailing 1-year period	17.82%	26.08%	-8.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.22%	17.20%	+0.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.00%	15.67%	+3.33%