Invesco Physical Gold ETC EUR

10-Year Study

8PSG.XETRA · · DE · ETF

Executive Summary: Invesco Physical Gold ETC EUR has compounded at 18.2% annually over the last 10 years, with a maximum drawdown of 14.9% and an annualized volatility of 13.9%.

1Y CAGR
+44.8%
3Y CAGR
+30.9%
5Y CAGR
+21.5%
10Y CAGR
+18.2%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
14.9%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
1.08
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
1.58
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
13.6%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2025 · +49.0%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2021 · 3.8%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
100%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
202611.65.8-9.51.8————————8.9%
20257.51.55.41.1-0.6-3.53.02.211.05.75.03.249.0%
20241.20.08.84.5-0.11.23.01.24.36.8-0.0-0.534.3%
20234.1-2.95.7-1.02.6-5.11.70.1-2.07.6-0.9-0.19.4%
20220.75.63.53.3-5.10.70.0-1.2-0.1-3.02.60.27.0%
20210.0-7.02.01.16.1-4.43.1-0.3-0.91.22.21.23.8%
2020———6.10.21.75.3-1.4-1.9-0.2-7.62.64.3%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 13.9%. The dominant macroeconomic risk driver is GLD.US, accounting for 74.0% of variance. Idiosyncratic stock-specific factors contribute 2.0%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2020-03-0110000
2020-04-0110614.269631297495
2020-05-0110638.896707008162
2020-06-0110821.137067267096
2020-07-0111398.817900365888
2020-08-0111236.982831410074
2020-09-0111023.782718829158
2020-10-0111000.562904587672
2020-11-0110161.835068955812
2020-12-0110429.918378834785
2021-01-0110429.918378834785
2021-02-019698.142414860682
2021-03-019895.862651280608
2021-04-0110006.332676611313
2021-05-0110617.084154235856
2021-06-0110149.873346467773
2021-07-0110462.989023360538
2021-08-0110431.325640303969
2021-09-0110340.557275541794
2021-10-0110469.321699971853
2021-11-0110704.334365325076
2021-12-0110827.469743878413
2022-01-0110908.387278356317
2022-02-0111517.73149451168
2022-03-0111918.801013228258
2022-04-0112310.019701660569
2022-05-0111682.381086405852
2022-06-0111759.780467210807
2022-07-0111761.891359414578
2022-08-0111622.572473965662
2022-09-0111609.907120743033
2022-10-0111264.424430059105
2022-11-0111557.134815648746
2022-12-0111585.280045032367
2023-01-0112057.416267942584
2023-02-0111706.304531381931
2023-03-0112374.753729242893
2023-04-0112249.507458485787
2023-05-0112573.177596397409
2023-06-0111936.391781593018
2023-07-0112138.33380242049
2023-08-0112151.702786377708
2023-09-0111907.54292147481
2023-10-0112808.893892485223
2023-11-0112691.387559808614
2023-12-0112678.018575851393
2024-01-0112832.113706726708
2024-02-0112838.446383338025
2024-03-0113963.551927948212
2024-04-0114586.265128060793
2024-05-0114570.785251899802
2024-06-0114748.100197016605
2024-07-0115185.758513931889
2024-08-0115367.295243456234
2024-09-0116023.079088094568
2024-10-0117116.521249648184
2024-11-0117110.892203771462
2024-12-0117025.04925415142
2025-01-0118301.435406698565
2025-02-0118568.815085842947
2025-03-0119566.56346749226
2025-04-0119779.05994933859
2025-05-0119658.035462989024
2025-06-0118967.070081621165
2025-07-0119529.974669293555
2025-08-0119954.96763298621
2025-09-0122151.702786377708
2025-10-0123409.794539825496
2025-11-0124579.22882071489
2025-12-0125363.07345904869
2026-01-0128316.915282859554
2026-02-0129971.854770616377
2026-03-0127116.521249648184
2026-04-0127613.284548269065
Annual Return Matrix
YearAnnual Return
20210.03811644066653175
20220.06998960228749684
20230.09432128757971459
20240.34287934287934285
20250.48975037196230775
20260.08871996892859135
Total Factor Risk
0.13938935225567228
VTI.US Exposure
0.006845705627422647
VEA.US Exposure
-0.005695483306620414
VWO.US Exposure
-0.00003889447072798056
QQQ.US Exposure
0.002145907743712921
VTV.US Exposure
0.0029458052417564882
IJR.US Exposure
0.00531006434490279
QUAL.US Exposure
0.0007824588380358362
SHV.US Exposure
0.08819272198484737
TLT.US Exposure
-0.001282480512817998
LQD.US Exposure
0.009728435263949476
HYG.US Exposure
0.0036847573374648593
GLD.US Exposure
0.7397041658952307
USO.US Exposure
-0.0010025168699448795
VNQ.US Exposure
0.0008506010963629271
BTC-USD.CC Exposure
0.0004199012403425035
CPER.US Exposure
0.00018259251497873305
VIX.INDX Exposure
0.0026612360612399064
UUP.US Exposure
0.11499239526025727
TIP.US Exposure
0.009547934469729649
Idiosyncratic Exposure
0.020024692239877306
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
13.9%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$0
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-2.9%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+13.9%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
9.9% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.00
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Invesco Physical Gold ETC EUR a high-risk investment?

Invesco Physical Gold ETC EUR (8PSG.XETRA) has an annualized volatility of 13.9% and experienced a maximum drawdown of 14.9% over the last 10 years. Its primary macro risk driver is GLD.US.

What is the 10-year return of 8PSG.XETRA?

Over the past 10 years, 8PSG.XETRA has generated a Compound Annual Growth Rate (CAGR) of 18.2%. It has had a positive return in 100% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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