# iShares Gold EUR Hedged ETF (CH) (0VQL)

**Source:** https://fundology.uk/fund/0vql · ISIN CH0104136319 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 30/09/2026, 0VQL (iShares Gold EUR Hedged ETF (CH), ISIN CH0104136319) closed at €202.60 on the London Stock Exchange. Its ongoing charge is 0.22% a year (about £22 on £10,000). Over the five years to 30/09/2026 its total return was +110.0%, or +64.2% after UK CPIH inflation.

## Summary

iShares Gold EUR Hedged ETF (CH) is an exchange-traded fund (ETF) from iShares, launched in 2009. It tracks the LBMA Gold Price PM Hedged to EUR - EUR — the price of gold. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.22% a year — about £22 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound.

Latest close: **€202.60** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 0VQL |
| ISIN | CH0104136319 |
| Category | Gold & commodities |
| Type | ETF |
| Provider | iShares |
| Tracks | LBMA Gold Price PM Hedged to EUR - EUR |
| Income | Accumulating |
| Ongoing charge | 0.22% a year (£22 per £10,000) |
| Fund size | £120m |
| Launched | 2009 |
| Domicile | Switzerland |

## Past returns (periods to 30/09/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +3.84% | +0.58% | income reinvested |
| 3 years | +104.09% | +84.17% | income reinvested |
| 5 years | +110.03% | +64.18% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of iShares Gold EUR Hedged ETF (CH) in pounds (price, with income reinvested in the fund): 2024 +18.4%, 2025 +72.7%; 2026 to 30/09/2026 −10.5%. Returns of iShares Gold EUR Hedged ETF (CH) in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +4.8%; to 30/09/2025: +44.4%; to 30/09/2024: +34.0%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2024 | +18.4% | +14.4% | Price |
| 2025 | +72.7% | +66.8% | Price |
| 2026 to 30/09/2026 | -10.5% | -13.0% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 25.74% | -25.14% |
| 3 years | 19.80% | -25.14% |

## Largest fall

Volatility of iShares Gold EUR Hedged ETF (CH) in pounds, annualised from weekly returns to 30/09/2026: 25.7% over 1 year, 19.8% over 3 years. The lowest 12-month return of iShares Gold EUR Hedged ETF (CH) in pounds (price, with income reinvested in the fund) since May 2023 was +2.0% (12 months to 30/09/2026); the highest was +86.1% (12 months to 27/02/2026).

## Charges compared with similar funds

Ongoing charge of iShares Gold EUR Hedged ETF (CH) 0.22% a year, as of 01/10/2026: 111 of the 137 other gold and commodity funds charge more, 1 the same and 25 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.22%** per year
- ISA eligible: yes
- SIPP eligible: yes

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.