Fundology

ETC · Invesco

SGLP Invesco Physical Gold ETC

ISIN IE00B579F325London Stock Exchange: SGLPInvesco Ltd.

Latest close

LSE

£282.58

on

Ongoing charge
0.12% a year
Fund size
£21bn

As of , at least 15 min delayed

At a glance

As of 13/11/2026, SGLP (Invesco Physical Gold ETC, ISIN IE00B579F325) closed at £282.58 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.

Past returns

Total return: the change in the fund’s value with any income reinvested, after its ongoing charges. Periods to .
1 year to 13/11/2026
−3.7%
−7.1% after inflation
3 years to 13/11/2026
+91.6%
+73.1% after inflation
5 years to 13/11/2026
+116.7%
+69.1% after inflation

£1,000 put in five years ago would have been worth about £2,167 on 13/11/2026 — about £1,691 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH

Calendar-year and 12-month returns

Calendar-year returns of Invesco Physical Gold ETC in pounds (price only; the fund pays no income): 2022 +11.8%, 2023 +7.3%, 2024 +31.0%, 2025 +50.1%; 2026 to 13/11/2026 −8.2%. Returns of Invesco Physical Gold ETC in pounds (price only; the fund pays no income) over the 12 months to 30/09/2026: +8.6%; to 30/09/2025: +45.4%; to 30/09/2024: +30.1%; to 30/09/2023: +1.1%; to 30/09/2022: +15.5%.

Calendar-year returns of SGLP, in pounds (price only; the fund pays no income), to 13/11/2026
YearReturnAfter inflationReturn shown as a bar
to −8.2%−11.2%
to +50.1%+45.0%
to +31.0%+26.5%
+7.3%+3.0%
+11.8%+2.4%
Returns of SGLP over 12-month periods to 30/09/2026, in pounds (price only; the fund pays no income)
12 months toReturnAfter inflation
from +8.6%+4.7%
from +45.4%+39.7%
from +30.1%+26.8%
from +1.1%−4.9%
from +15.5%+6.1%

As of , inflation: UK CPIH

How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing

Risk: volatility and largest fall

How far the price has swung and fallen. The same record as the returns, in pounds.

Volatility (annualised)

15.9%over 5 years

Volatility, annualised from weekly returns, by period
1 year21.7%
3 years17.6%
5 years15.9%

Annualised from weekly returns. Higher means bumpier.

Largest fall since November 2021
−25.1%
From to
Lowest 12-month return
−5.8%
12 months to
Highest 12-month return
+71.5%
12 months to
Below its highest weekly close since November 2021
24.4%
High of , latest

In words: Volatility of Invesco Physical Gold ETC in pounds, annualised from weekly returns to 13/11/2026: 21.7% over 1 year, 17.6% over 3 years, 15.9% over 5 years. Largest fall in the price of Invesco Physical Gold ETC since November 2021, in pounds: −25.1% from 27/02/2026 to 30/10/2026. The lowest 12-month return of Invesco 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 Invesco Physical Gold ETC was 24.4% below its highest weekly close since November 2021 (27/02/2026), in pounds.

As of , price only; the fund pays no income

How we work it out:Risk figuresFallsVolatilityLargest fall

Charges compared with similar funds

The ongoing charge is taken from the fund’s value every day, so the returns on this page are already after it. Platform and dealing fees are charged separately.
Ongoing charge
0.12%
a year
On £10,000
£12
a year, roughly
Over five years
£60
of £10,000, before growth
Among 150 gold and commodity funds, share classes counted once
  • 1 charge less
  • 7 the same
  • 141 charge more

Ongoing charge of Invesco 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).

As of

A lower charge is not a promise of a higher return: what the fund holds matters more.

As of

Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up

In plain English

Invesco Physical Gold ETC is an exchange-traded commodity (ETC) from Invesco, launched in 2009.

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.

Gold & commodities: Gold, silver, oil and other raw materials. They pay no dividends or interest — returns come only from price changes.

Terms:Index fundShare classISIN

Key facts

Ticker
SGLP
ISIN
IE00B579F325
Also listed as
SGLD (London Stock Exchange, US dollars), 8PSG (Xetra, euros)
Provider
Invesco
Structure
ETC
An exchange-traded commodity: a security backed by a commodity such as gold, traded like a share.
Ongoing charge
0.12% a year · about £12 on £10,000
Fund size
£21bn
Launched
Domicile
Ireland
UK reporting fund status
Yes — on HMRC’s list of reporting funds (list of )
Reporting fund since . What reporting fund status means
Can usually be held in
ISA and SIPP
Check with your platform: each decides which funds it offers.
Currency hedged
No
Price currency
Pounds (GBP)

Price chart

Closing price
£282.58−5.8% over 1 year · closing price
SGLP closing price: £299.84 on 14/11/2025, £282.58 on 13/11/2026 (−5.8%); low £279.91, high £373.96.

Over the last year, the closing price went from £299.84 on 14/11/2025 to £282.58 on 13/11/2026 (−5.8%). The lowest close shown was £279.91 on 30/10/2026 and the highest £373.96 on 27/02/2026.

One close a week. Before 31/07/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded. Price as traded.

As of , at least 15 min delayed

Five years of prices, and after inflation

262 weekly closes, from 12/11/2021 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.

Create a free account to see the 5-year price chart and the after-inflation chart

Sign-up takes an email address. There is no card to enter and nothing to pay.

How we work it out:Prices and returnsNAV and price

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).

20 funds that track the LBMA Gold Price PM - USD - Benchmark Price Return, listed by name. Returns are as reported to 13/11/2026, in pounds, with income reinvested unless marked “price”.
FundCharge1 year3 years5 years
Amundi Physical Gold ETCAccumulating · 0.12% a year0.12%−7.3%+84.9%+109.2%
Gold Bullion Securities0.40% a year0.40%−7.5%+83.4%+106.3%
Invesco Physical Gold ETCThis fund0.12% a year0.12%−3.7%+91.6%+116.7%
Invesco Physical Gold GBP Hedged ETCAccumulating · Currency hedged · 0.35% a year0.35%−3.9%+100.8%Not reported
iShares Gold ETF (CH) Class AAccumulating · 0.19% a year0.19%−3.2%+91.3%+116.4%
iShares Physical Gold ETC0.12% a year0.12%−3.7%+91.6%+116.7%
iShares Physical Gold GBP Hedged ETCDistributing · Currency hedged · 0.25% a year0.25%−3.6%Not reportedNot reported
Raiffeisen ETF - Solid Gold Ounces Klasse -A CHF HedgedDistributing · Currency hedged · 0.27% a year0.27%−6.4%+78.5%+117.0%
Royal Mint Responsibly Sourced Physical Gold ETC0.25% a year0.25%−3.8%+90.8%Not reported
Swisscanto (CH) Gold ETF Anteile -EAH (GBP)-Distributing · 0.40% a year0.40%+1.7%+104.3%+111.7%
UBS ETF (CH) - UBS Gold ETF Units -USD acc-Accumulating · 0.23% a year0.23%−3.3%+91.1%+116.0%
UBS Gold hCHF ETF Units -CHF acc-Accumulating · Currency hedged · 0.36% a year0.36%−12.8%+78.1%+93.5%
UBS Gold hEUR ETF Units -EUR acc-Accumulating · Currency hedged · 0.31% a year0.31%−10.2%+84.6%+85.9%
Wisdomtree Core Physical Gold0.12% a year0.12%−7.3%+84.9%Not reported
WisdomTree Physical Gold0.39% a year0.39%−7.5%+83.4%+106.4%
WisdomTree Physical Swiss GoldAccumulating · 0.15% a year0.15%−7.3%+84.8%+108.9%
Xtrackers IE Physical Gold ETC0.11% a year0.11%−3.7%+91.6%Not reported
Xtrackers IE Physical Gold GBP Hedged ETCCurrency hedged · 0.33% a year0.33%−3.9%+100.7%Not reported
Xtrackers Physical Gold ETC 2010-15.6.60 Physical Gold Commodity0.25% a year0.25%−3.3%+90.9%+115.8%
Xtrackers Physical Gold GBP Hedged ETCDistributing · Currency hedged · 0.69% a year0.69%−4.1%+99.7%+100.7%

As of

LBMA Gold Price PM funds compared: charges, sizes and share classes

Read more:Index fundsTracking differenceHow funds are compared

Other versions of this fund

Invesco’s other share classes and funds on the LBMA Gold Price PM - USD - Benchmark Price Return. They can differ in how income is paid, currency hedging and charge.

Risk and return in depth

Ratios that weigh return against its ups and downs, every rolling period rather than a few fixed ones, and each large fall with how long it took to recover.
  • Sharpe, Sortino and Calmar ratios

    Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.

    With a free account
  • Rolling returns

    The full range of 254 rolling 12-month returns since January 2021, and of 150 rolling three-year returns, in pounds, with how often they were above zero.

    With a free account
  • Largest falls and recoveries

    The 3 largest falls since November 2021, in pounds, with how many weeks each took to reach its low and to recover.

    With a free account

Create a free account to see the risk ratios, every rolling return and each large fall and its recovery

Sign-up takes an email address. There is no card to enter and nothing to pay.

Questions people ask

What is the ongoing charge of SGLP?

The ongoing charge of SGLP 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 Invesco 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 SGLP track?

SGLP tracks the LBMA Gold Price PM - USD - Benchmark Price Return — the price of gold.

What is the ISIN of SGLP?

The ISIN of SGLP is IE00B579F325. An ISIN identifies one exact share class of a fund; SGLP is its ticker on the London Stock Exchange. The same share class is also listed as SGLD (London Stock Exchange, US dollars) and 8PSG (Xetra, euros).

What were SGLP’s returns in each of the last five years?

Calendar-year returns of SGLP in pounds (price only; the fund pays no income): 2022 +11.8%, 2023 +7.3%, 2024 +31.0%, 2025 +50.1%; 2026 to 13/11/2026 −8.2%. Past performance is not a guide to future returns.

How has SGLP done after inflation?

Over the five years to 13/11/2026 SGLP’s total return was +116.7%, or +69.1% after UK CPIH inflation. Past performance is not a guide to future returns.

Similar funds

More gold and commodity funds, largest first. Size is a fact, not a verdict.

Fund documents and methods

Methodology:ReturnsCategoriesAll methods

A machine-readable copy of this page: Markdown.