YGLD.DE vs. ^SP600

Last updated Apr 2, 2026

Compare and contrast key facts about IncomeShares Gold + Yield ETP (YGLD.DE) and S&P 600 (^SP600).

YGLD.DE is an actively managed fund by Leverage Shares. It was launched on Jul 22, 2024.

Performance

YGLD.DE vs. ^SP600 - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in IncomeShares Gold + Yield ETP (YGLD.DE) and S&P 600 (^SP600). The values are adjusted to include any dividend payments, if applicable.

YGLD.DE vs. ^SP600 - Yearly Performance Comparison

	2026 (YTD)	2025	2024
YGLD.DE IncomeShares Gold + Yield ETP	0.86%	41.92%	-7.11%
^SP600 S&P 600	5.24%	-8.14%	-5.36%

Different Trading Currencies

YGLD.DE is traded in EUR, while ^SP600 is traded in USD. To make them comparable, the ^SP600 values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, YGLD.DE achieves a 0.86% return, which is significantly lower than ^SP600's 5.24% return.

YGLD.DE

• 1D: 0.67%
• 1M: -9.88%
• YTD: 0.86%
• 6M: 12.48%
• 1Y: 23.26%
• 3Y*: —
• 5Y*: —
• 10Y*: —

^SP600

• 1D: 0.43%
• 1M: -3.38%
• YTD: 5.24%
• 6M: 6.19%
• 1Y: 10.90%
• 3Y*: 6.45%
• 5Y*: 2.93%
• 10Y*: 8.09%

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

Return for Risk

YGLD.DE vs. ^SP600 — Risk / Return Rank

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

YGLD.DE

YGLD.DE Risk / Return Rank: 45
YGLD.DE Sharpe Ratio Rank: 39
YGLD.DE Sortino Ratio Rank: 38
YGLD.DE Omega Ratio Rank: 55
YGLD.DE Calmar Ratio Rank: 57
YGLD.DE Martin Ratio Rank: 38

^SP600

^SP600 Risk / Return Rank: 54
^SP600 Sharpe Ratio Rank: 53
^SP600 Sortino Ratio Rank: 54
^SP600 Omega Ratio Rank: 51
^SP600 Calmar Ratio Rank: 51
^SP600 Martin Ratio Rank: 59

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.

YGLD.DE vs. ^SP600 - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IncomeShares Gold + Yield ETP (YGLD.DE) and S&P 600 (^SP600). 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.

	YGLD.DE	^SP600	Difference
Sharpe ratio Return per unit of total volatility	0.78	0.44	+0.33
Sortino ratio Return per unit of downside risk	1.15	0.77	+0.38
Omega ratio Gain probability vs. loss probability	1.22	1.11	+0.11
Calmar ratio Return relative to maximum drawdown	1.59	0.68	+0.90
Martin ratio Return relative to average drawdown	3.81	2.44	+1.37
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

YGLD.DE vs. ^SP600 - Sharpe Ratio Comparison

The current YGLD.DE Sharpe Ratio is 0.78, which is higher than the ^SP600 Sharpe Ratio of 0.44. The chart below compares the historical Sharpe Ratios of YGLD.DE and ^SP600, 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

	YGLD.DE	^SP600	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.78	0.44	+0.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.14	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.34	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.84	0.32	+0.52

Correlation

The correlation between YGLD.DE and ^SP600 is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

YGLD.DE vs. ^SP600 - Drawdown Comparison

The maximum YGLD.DE drawdown since its inception was -16.94%, smaller than the maximum ^SP600 drawdown of -56.14%. Use the drawdown chart below to compare losses from any high point for YGLD.DE and ^SP600.

Drawdown Indicators

	YGLD.DE	^SP600	Difference
Max Drawdown Largest peak-to-trough decline	-16.94%	-59.17%	+42.23%
Max Drawdown (1Y) Largest decline over 1 year	-16.94%	-14.89%	-2.05%
Max Drawdown (5Y) Largest decline over 5 years	—	-28.39%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-45.77%	—
Current Drawdown Current decline from peak	-9.88%	-5.55%	-4.33%
Average Drawdown Average peak-to-trough decline	-4.66%	-9.31%	+4.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.05%	3.74%	+3.31%

Volatility

YGLD.DE vs. ^SP600 - Volatility Comparison

IncomeShares Gold + Yield ETP (YGLD.DE) has a higher volatility of 9.53% compared to S&P 600 (^SP600) at 5.32%. This indicates that YGLD.DE's price experiences larger fluctuations and is considered to be riskier than ^SP600 based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YGLD.DE	^SP600	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.53%	5.32%	+4.21%
Volatility (6M) Calculated over the trailing 6-month period	28.50%	13.30%	+15.20%
Volatility (1Y) Calculated over the trailing 1-year period	29.74%	24.73%	+5.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.22%	21.18%	+6.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.22%	23.55%	+3.67%