YGLD.DE vs. GC=F

Last updated Apr 2, 2026

Compare and contrast key facts about IncomeShares Gold + Yield ETP (YGLD.DE) and Gold (GC=F).

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

Performance

YGLD.DE vs. GC=F - Performance Comparison

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

YGLD.DE vs. GC=F - Yearly Performance Comparison

	2026 (YTD)	2025	2024
YGLD.DE IncomeShares Gold + Yield ETP	0.86%	41.92%	-7.11%
GC=F Gold	12.31%	45.00%	3.63%

Different Trading Currencies

YGLD.DE is traded in EUR, while GC=F is traded in USD. To make them comparable, the GC=F 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 GC=F's 12.31% return.

YGLD.DE

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

GC=F

• 1D: 2.84%
• 1M: -8.68%
• YTD: 12.31%
• 6M: 25.47%
• 1Y: 43.14%
• 3Y*: 31.57%
• 5Y*: 23.05%
• 10Y*: 14.45%

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

Return for Risk

YGLD.DE vs. GC=F — 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

GC=F

GC=F Risk / Return Rank: 91
GC=F Sharpe Ratio Rank: 100
GC=F Sortino Ratio Rank: 100
GC=F Omega Ratio Rank: 94
GC=F Calmar Ratio Rank: 71
GC=F Martin Ratio Rank: 92

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. GC=F - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IncomeShares Gold + Yield ETP (YGLD.DE) and Gold (GC=F). 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	GC=F	Difference
Sharpe ratio Return per unit of total volatility	0.78	1.58	-0.80
Sortino ratio Return per unit of downside risk	1.15	1.99	-0.83
Omega ratio Gain probability vs. loss probability	1.22	1.31	-0.10
Calmar ratio Return relative to maximum drawdown	1.59	2.81	-1.22
Martin ratio Return relative to average drawdown	3.81	10.08	-6.27
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. GC=F - Sharpe Ratio Comparison

The current YGLD.DE Sharpe Ratio is 0.78, which is lower than the GC=F Sharpe Ratio of 1.58. The chart below compares the historical Sharpe Ratios of YGLD.DE and GC=F, 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	GC=F	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.78	1.58	-0.80
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.33	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.91	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.84	0.66	+0.18

Correlation

The correlation between YGLD.DE and GC=F is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Drawdowns

YGLD.DE vs. GC=F - Drawdown Comparison

The maximum YGLD.DE drawdown since its inception was -16.94%, smaller than the maximum GC=F drawdown of -36.91%. Use the drawdown chart below to compare losses from any high point for YGLD.DE and GC=F.

Drawdown Indicators

	YGLD.DE	GC=F	Difference
Max Drawdown Largest peak-to-trough decline	-16.94%	-44.36%	+27.42%
Max Drawdown (1Y) Largest decline over 1 year	-16.94%	-17.73%	+0.79%
Max Drawdown (5Y) Largest decline over 5 years	—	-20.43%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-20.87%	—
Current Drawdown Current decline from peak	-9.88%	-10.04%	+0.16%
Average Drawdown Average peak-to-trough decline	-4.66%	-13.03%	+8.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.05%	4.78%	+2.27%

Volatility

YGLD.DE vs. GC=F - Volatility Comparison

The current volatility for IncomeShares Gold + Yield ETP (YGLD.DE) is 9.53%, while Gold (GC=F) has a volatility of 11.91%. This indicates that YGLD.DE experiences smaller price fluctuations and is considered to be less risky than GC=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YGLD.DE	GC=F	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.53%	11.91%	-2.38%
Volatility (6M) Calculated over the trailing 6-month period	28.50%	24.13%	+4.37%
Volatility (1Y) Calculated over the trailing 1-year period	29.74%	26.33%	+3.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.22%	17.23%	+9.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.22%	15.79%	+11.43%