XLYP.L vs. SGLS.L
XLYP.L (Invesco US Consumer Discretionary Sector UCITS ETF) and SGLS.L (Invesco Physical Gold GBP Hedged ETC) are both exchange-traded funds - XLYP.L is a Consumer Discretionary Equities fund tracking the Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR, while SGLS.L is a Precious Metals fund tracking the Gold (GBP Hedged). Both are passively managed. Over the past 5 years, XLYP.L returned 9.67%/yr vs 17.34%/yr for SGLS.L. At a correlation of -0.06, they often move in opposite directions. XLYP.L charges 0.14%/yr vs 0.34%/yr for SGLS.L.
Performance
XLYP.L vs. SGLS.L - Performance Comparison
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Returns By Period
In the year-to-date period, XLYP.L achieves a -2.69% return, which is significantly lower than SGLS.L's 3.01% return.
XLYP.L
- 1D
- 0.33%
- 1M
- -0.12%
- YTD
- -2.69%
- 6M
- -2.73%
- 1Y
- 11.03%
- 3Y*
- 12.55%
- 5Y*
- 9.67%
- 10Y*
- 13.68%
SGLS.L
- 1D
- 0.62%
- 1M
- -4.85%
- YTD
- 3.01%
- 6M
- 5.19%
- 1Y
- 31.26%
- 3Y*
- 29.59%
- 5Y*
- 17.34%
- 10Y*
- —
XLYP.L vs. SGLS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XLYP.L Invesco US Consumer Discretionary Sector UCITS ETF | -2.69% | 0.23% | 30.67% | 32.31% | -26.14% | 30.65% | 12.61% |
SGLS.L Invesco Physical Gold GBP Hedged ETC | 3.01% | 64.22% | 24.42% | 11.48% | -1.42% | -4.63% | -3.17% |
Correlation
The correlation between XLYP.L and SGLS.L is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.07 |
Correlation (All Time) Calculated using the full available price history since Jul 29, 2020 | -0.06 |
The correlation between XLYP.L and SGLS.L shifts across timeframes, from -0.07 (5 years) to 0.06 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
XLYP.L vs. SGLS.L — Risk / Return Rank
XLYP.L
SGLS.L
XLYP.L vs. SGLS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco US Consumer Discretionary Sector UCITS ETF (XLYP.L) and Invesco Physical Gold GBP Hedged ETC (SGLS.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.
| XLYP.L | SGLS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.57 | ||
| Sortino ratioReturn per unit of downside risk | -0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.24 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 0.84 | 1.71 | -0.87 |
| Martin ratioReturn relative to average drawdown | 2.32 | 4.48 | -2.17 |
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
| XLYP.L | SGLS.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.68 | 1.24 | -0.57 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.47 | 1.07 | -0.60 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.69 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.75 | 0.90 | -0.14 |
Drawdowns
XLYP.L vs. SGLS.L - Drawdown Comparison
The maximum XLYP.L drawdown since its inception was -30.40%, which is greater than SGLS.L's maximum drawdown of -21.94%. Use the drawdown chart below to compare losses from any high point for XLYP.L and SGLS.L.
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Drawdown Indicators
| XLYP.L | SGLS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.40% | -21.94% | -8.46% |
Max Drawdown (1Y)Largest decline over 1 year | -12.73% | -17.93% | +5.20% |
Max Drawdown (3Y)Largest decline over 3 years | -26.52% | -17.93% | -8.59% |
Max Drawdown (5Y)Largest decline over 5 years | -30.40% | -21.94% | -8.46% |
Max Drawdown (10Y)Largest decline over 10 years | -30.40% | — | — |
Current DrawdownCurrent decline from peak | -6.66% | -15.99% | +9.33% |
Average DrawdownAverage peak-to-trough decline | -6.54% | -6.98% | +0.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.60% | 6.84% | -2.24% |
Volatility
XLYP.L vs. SGLS.L - Volatility Comparison
The current volatility for Invesco US Consumer Discretionary Sector UCITS ETF (XLYP.L) is 5.00%, while Invesco Physical Gold GBP Hedged ETC (SGLS.L) has a volatility of 6.40%. This indicates that XLYP.L experiences smaller price fluctuations and is considered to be less risky than SGLS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XLYP.L | SGLS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.00% | 6.40% | -1.40% |
Volatility (6M)Calculated over the trailing 6-month period | 11.81% | 21.65% | -9.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.81% | 24.68% | -8.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.40% | 17.91% | +2.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.86% | 18.29% | +1.57% |
XLYP.L vs. SGLS.L - Expense Ratio Comparison
XLYP.L has a 0.14% expense ratio, which is lower than SGLS.L's 0.34% expense ratio.
Dividends
XLYP.L vs. SGLS.L - Dividend Comparison
Neither XLYP.L nor SGLS.L has paid dividends to shareholders.
Frequently Asked Questions
XLYP.L and SGLS.L have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XLYP.L is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XLYP.L is cheaper with a 0.14% expense ratio, compared with 0.34% for SGLS.L.
XLYP.L is categorized as Consumer Discretionary Equities, while SGLS.L is Precious Metals. XLYP.L tracks Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR, while SGLS.L tracks Gold (GBP Hedged). Their fees differ too: 0.14% for XLYP.L and 0.34% for SGLS.L.
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