XSLR.L vs. GLDA.L
XSLR.L (Xtrackers IE Physical Silver ETC Securities) and GLDA.L (Amundi Physical Gold ETC (C)) are both exchange-traded funds - XSLR.L is a Silver fund tracking the LBMA Silver Price, while GLDA.L is a Precious Metals fund tracking the Gold. Both are passively managed. Over the past 5 years, XSLR.L returned 21.18%/yr vs 18.74%/yr for GLDA.L. A 0.60 correlation means they provide meaningful diversification when combined. XSLR.L charges 0.20%/yr vs 0.12%/yr for GLDA.L.
Performance
XSLR.L vs. GLDA.L - Performance Comparison
Loading charts...
Different Trading Currencies
XSLR.L is traded in USD, while GLDA.L is traded in GBp. To make them comparable, the GLDA.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, XSLR.L achieves a 2.41% return, which is significantly lower than GLDA.L's 2.94% return.
XSLR.L
- 1D
- -3.30%
- 1M
- -3.04%
- YTD
- 2.41%
- 6M
- 25.05%
- 1Y
- 112.50%
- 3Y*
- 45.43%
- 5Y*
- 21.18%
- 10Y*
- —
GLDA.L
- 1D
- -1.47%
- 1M
- -3.93%
- YTD
- 2.94%
- 6M
- 4.83%
- 1Y
- 32.31%
- 3Y*
- 31.08%
- 5Y*
- 18.74%
- 10Y*
- —
XSLR.L vs. GLDA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XSLR.L Xtrackers IE Physical Silver ETC Securities | 2.41% | 147.42% | 21.28% | -0.78% | 3.55% | -13.23% | 55.67% |
GLDA.L Amundi Physical Gold ETC (C) | 2.94% | 65.14% | 26.05% | 12.92% | 0.97% | -3.43% | 7.98% |
Correlation
The correlation between XSLR.L and GLDA.L is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since May 19, 2020 | 0.60 |
The correlation between XSLR.L and GLDA.L shifts across timeframes, from 0.60 (all time) to 0.72 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XSLR.L vs. GLDA.L — Risk / Return Rank
XSLR.L
GLDA.L
XSLR.L vs. GLDA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers IE Physical Silver ETC Securities (XSLR.L) and Amundi Physical Gold ETC (C) (GLDA.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.
| XSLR.L | GLDA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.69 | ||
| Sortino ratioReturn per unit of downside risk | +0.57 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.25 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.74 | 1.81 | +0.94 |
| Martin ratioReturn relative to average drawdown | 6.02 | 4.77 | +1.24 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| XSLR.L | GLDA.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.00 | 1.31 | +0.69 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | 1.21 | -0.61 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.83 | 1.11 | -0.28 |
Drawdowns
XSLR.L vs. GLDA.L - Drawdown Comparison
The maximum XSLR.L drawdown since its inception was -40.77%, which is greater than GLDA.L's maximum drawdown of -21.46%. Use the drawdown chart below to compare losses from any high point for XSLR.L and GLDA.L.
Loading charts...
Drawdown Indicators
| XSLR.L | GLDA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.77% | -21.46% | -19.31% |
Max Drawdown (1Y)Largest decline over 1 year | -40.77% | -17.78% | -22.99% |
Max Drawdown (3Y)Largest decline over 3 years | -40.77% | -17.78% | -22.99% |
Max Drawdown (5Y)Largest decline over 5 years | -40.77% | -21.42% | -19.35% |
Current DrawdownCurrent decline from peak | -35.69% | -16.49% | -19.20% |
Average DrawdownAverage peak-to-trough decline | -14.88% | -6.52% | -8.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.62% | 6.75% | +11.87% |
Volatility
XSLR.L vs. GLDA.L - Volatility Comparison
Xtrackers IE Physical Silver ETC Securities (XSLR.L) has a higher volatility of 17.67% compared to Amundi Physical Gold ETC (C) (GLDA.L) at 5.72%. This indicates that XSLR.L's price experiences larger fluctuations and is considered to be riskier than GLDA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XSLR.L | GLDA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.67% | 5.72% | +11.95% |
Volatility (6M)Calculated over the trailing 6-month period | 53.52% | 21.40% | +32.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.91% | 24.58% | +31.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.24% | 19.11% | +16.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.17% | 19.32% | +15.85% |
XSLR.L vs. GLDA.L - Expense Ratio Comparison
XSLR.L has a 0.20% expense ratio, which is higher than GLDA.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%.
Dividends
XSLR.L vs. GLDA.L - Dividend Comparison
Neither XSLR.L nor GLDA.L has paid dividends to shareholders.
Frequently Asked Questions
XSLR.L and GLDA.L have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GLDA.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GLDA.L is cheaper with a 0.12% expense ratio, compared with 0.20% for XSLR.L.
XSLR.L is categorized as Silver, while GLDA.L is Precious Metals. XSLR.L tracks LBMA Silver Price, while GLDA.L tracks Gold. They also come from different issuers: Xtrackers and Amundi. Their fees differ too: 0.20% for XSLR.L and 0.12% for GLDA.L.
Find the right allocation for XSLR.L and GLDA.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer