# iShares Physical Gold ETC (SGLN) **Page:** https://fundology.uk/fund/sgln · ISIN IE00B4ND3602 ## 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 13/11/2026, SGLN (iShares Physical Gold ETC, ISIN IE00B4ND3602) closed at £57.00 on the London Stock Exchange. Its ongoing charge is 0.12% a year (about £12 on £10,000). Over the five years to 13/11/2026 its total return was +116.7%, or +69.1% after UK CPIH inflation. ## Summary iShares Physical Gold ETC is an exchange-traded commodity (ETC) from iShares, launched in 2011. It tracks the LBMA Gold Price PM - USD - Benchmark Price Return — 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 0.12% a year — about £12 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Latest close: **£57.00** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | SGLN | | ISIN | IE00B4ND3602 | | Also listed as | EGLN (London Stock Exchange, euros), IGLN (London Stock Exchange, US dollars), PPFB (Xetra, euros) | | Category | Gold & commodities | | Type | ETC | | Provider | iShares | | Tracks | LBMA Gold Price PM - USD - Benchmark Price Return | | Ongoing charge | 0.12% a year (£12 per £10,000) | | Fund size | £28bn | | Launched | 2011 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 11/04/2011 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | -3.68% | -7.09% | income reinvested | | 3 years | +91.55% | +73.06% | income reinvested | | 5 years | +116.67% | +69.12% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of iShares Physical Gold ETC in pounds (price only; the fund pays no income): 2022 +11.8%, 2023 +7.2%, 2024 +31.0%, 2025 +50.2%; 2026 to 13/11/2026 −8.2%. Returns of iShares Physical Gold ETC in pounds (price only; the fund pays no income) over the 12 months to 30/09/2026: +8.5%; to 30/09/2025: +45.5%; to 30/09/2024: +30.1%; to 30/09/2023: +1.2%; to 30/09/2022: +15.4%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | +11.8% | +2.4% | Price | | 2023 | +7.2% | +3.0% | Price | | 2024 | +31.0% | +26.6% | Price | | 2025 | +50.2% | +45.0% | Price | | 2026 to 13/11/2026 | -8.2% | -11.1% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 21.68% | -25.14% | | 3 years | 17.73% | -25.14% | | 5 years | 15.99% | -25.14% | ## Largest fall Volatility of iShares Physical Gold ETC in pounds, annualised from weekly returns to 13/11/2026: 21.7% over 1 year, 17.7% over 3 years, 16.0% over 5 years. Largest fall in the price of iShares Physical Gold ETC since November 2021, in pounds: −25.1% from 27/02/2026 to 30/10/2026. The lowest 12-month return of iShares Physical Gold ETC in pounds (price only; the fund pays no income) since January 2021 was −5.8% (12 months to 13/11/2026); the highest was +71.5% (12 months to 27/02/2026). On 13/11/2026 the price of iShares Physical Gold ETC was 24.4% below its highest weekly close since November 2021 (27/02/2026), in pounds. ## Charges compared with similar funds Ongoing charge of iShares Physical Gold ETC 0.12% a year. Compared on 14/11/2026, 141 of the 149 other gold and commodity funds charge more, 7 the same and 1 less (share classes counted once). ## Funds tracking the same index 20 funds track LBMA Gold Price PM - USD - Benchmark Price Return, this one included and share classes counted once; their ongoing charges range from 0.11% to 0.69% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Amundi Physical Gold ETC | 0.12% | -7.3% | +84.9% | +109.2% | | Gold Bullion Securities | 0.40% | -7.5% | +83.4% | +106.3% | | Invesco Physical Gold ETC | 0.12% | -3.7% | +91.6% | +116.7% | | Invesco Physical Gold GBP Hedged ETC | 0.35% | -3.9% | +100.8% | — | | iShares Gold ETF (CH) Class A | 0.19% | -3.2% | +91.3% | +116.4% | | iShares Physical Gold ETC (this fund) | 0.12% | -3.7% | +91.6% | +116.7% | | iShares Physical Gold GBP Hedged ETC | 0.25% | -3.6% | — | — | | Raiffeisen ETF - Solid Gold Ounces Klasse -A CHF Hedged | 0.27% | -6.4% | +78.5% | +117.0% | | Royal Mint Responsibly Sourced Physical Gold ETC | 0.25% | -3.8% | +90.8% | — | | Swisscanto (CH) Gold ETF Anteile -EAH (GBP)- | 0.40% | +1.7% | +104.3% | +111.7% | | UBS ETF (CH) - UBS Gold ETF Units -USD acc- | 0.23% | -3.3% | +91.1% | +116.0% | | UBS Gold hCHF ETF Units -CHF acc- | 0.36% | -12.8% | +78.1% | +93.5% | | UBS Gold hEUR ETF Units -EUR acc- | 0.31% | -10.2% | +84.6% | +85.9% | | Wisdomtree Core Physical Gold | 0.12% | -7.3% | +84.9% | — | | WisdomTree Physical Gold | 0.39% | -7.5% | +83.4% | +106.4% | | WisdomTree Physical Swiss Gold | 0.15% | -7.3% | +84.8% | +108.9% | | Xtrackers IE Physical Gold ETC | 0.11% | -3.7% | +91.6% | — | | Xtrackers IE Physical Gold GBP Hedged ETC | 0.33% | -3.9% | +100.7% | — | | Xtrackers Physical Gold ETC 2010-15.6.60 Physical Gold Commodity | 0.25% | -3.3% | +90.9% | +115.8% | | Xtrackers Physical Gold GBP Hedged ETC | 0.69% | -4.1% | +99.7% | +100.7% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.12%** per year (as of 13/11/2026) - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## Questions people ask **What is the ongoing charge of SGLN?** The ongoing charge of SGLN is 0.12% a year — about £12 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of iShares Physical Gold ETC 0.12% a year. Compared on 14/11/2026, 141 of the 149 other gold and commodity funds charge more, 7 the same and 1 less (share classes counted once). **What does SGLN track?** SGLN tracks the LBMA Gold Price PM - USD - Benchmark Price Return — the price of gold. **What is the ISIN of SGLN?** The ISIN of SGLN is IE00B4ND3602. An ISIN identifies one exact share class of a fund; SGLN is its ticker on the London Stock Exchange. The same share class is also listed as EGLN (London Stock Exchange, euros), IGLN (London Stock Exchange, US dollars) and PPFB (Xetra, euros). **What were SGLN’s returns in each of the last five years?** Calendar-year returns of SGLN in pounds (price only; the fund pays no income): 2022 +11.8%, 2023 +7.2%, 2024 +31.0%, 2025 +50.2%; 2026 to 13/11/2026 −8.2%. Past performance is not a guide to future returns. **How has SGLN done after inflation?** Over the five years to 13/11/2026 SGLN’s total return was +116.7%, or +69.1% after UK CPIH inflation. Past performance is not a guide to future returns. ## Fund documents - [Fund page at iShares](https://www.ishares.com/uk/individual/en/products/258441/ishares-physical-gold-etc-fund) - [Key information document (KID)](https://www.ishares.com/gls-download/literature/kiid/uk_priips-ishares-physical-gold-etc-gb-ie00b4nd3602-en.pdf) - [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/sgln-ishares-physical-gold-etc-fund-fact-sheet-en-gb.pdf) - Links checked 12/10/2026. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.