WisdomTree Physical Gold

10-Year Study

PHGP.LSE · · GB · ETF

Executive Summary: WisdomTree Physical Gold has compounded at 15.3% annually over the last 10 years, with a maximum drawdown of 17.9% and an annualized volatility of 13.9%.

1Y CAGR
+49.9%
3Y CAGR
+31.1%
5Y CAGR
+21.5%
10Y CAGR
+15.3%

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 →
17.9%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.76
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
1.28
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
15.0%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2025 · +53.1%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2021 · -3.1%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
90%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
202613.47.0-10.11.5————————10.7%
20258.40.26.72.6-1.7-1.73.82.311.86.44.70.753.1%
2024-0.60.38.54.4-0.20.62.21.13.08.4-1.7-0.627.8%
20233.5-3.66.0-1.00.6-5.31.50.0-0.98.0-1.80.67.0%
2022-0.95.84.32.6-3.71.8-2.51.81.6-5.13.02.911.5%
2021-2.4-8.6-0.03.44.3-4.32.50.1-0.7-0.53.30.5-3.1%
20204.53.04.14.53.82.64.3-1.8-0.5-1.2-8.34.019.7%
20190.2-1.60.4-1.04.57.75.27.5-4.9-2.2-3.21.914.5%
2018-1.61.2-1.51.32.6-3.3-1.7-0.8-1.34.20.35.04.2%
20172.44.8-1.6-1.60.2-2.60.56.3-6.4-0.2-1.11.41.5%
2016———3.1-5.819.12.2-1.91.82.7-10.00.39.4%

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 82.2% of variance. Idiosyncratic stock-specific factors contribute 4.1%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110308.407266582171
2016-05-019712.716518800169
2016-06-0111563.763655018409
2016-07-0111817.852616331704
2016-08-0111595.751101454523
2016-09-0111800.953588025832
2016-10-0112124.449272738248
2016-11-0110914.96167541795
2016-12-0110943.931438228015
2017-01-0111205.866376969037
2017-02-0111748.445892932585
2017-03-0111555.314140865472
2017-04-0111368.821292775667
2017-05-0111397.187518860523
2017-06-0111100.850986782547
2017-07-0111161.808196028729
2017-08-0111860.100187096385
2017-09-0111102.058060232965
2017-10-0111080.330738125414
2017-11-0110959.019856358258
2017-12-0111113.525258011949
2018-01-0110934.87838734987
2018-02-0111061.621099643913
2018-03-0110901.080330738125
2018-04-0111038.083167360735
2018-05-0111328.384332186613
2018-06-0110957.20924618263
2018-07-0110776.148228619712
2018-08-0110688.031866739091
2018-09-0110552.839640292112
2018-10-0110994.024986420423
2018-11-0111024.20182268091
2018-12-0111578.248536423442
2019-01-0111597.561711630153
2019-02-0111409.258253364718
2019-03-0111459.351801557124
2019-04-0111350.111654294164
2019-05-0111866.135554348482
2019-06-0112778.079546140381
2019-07-0113440.762870420665
2019-08-0114445.047981169655
2019-09-0113739.51354939948
2019-10-0113435.934576618987
2019-11-0113000.784597742771
2019-12-0113253.666485605649
2020-01-0113851.771380288492
2020-02-0114262.779890156316
2020-03-0114851.831733961011
2020-04-0115513.307984790874
2020-05-0116097.531534793892
2020-06-0116515.178948639023
2020-07-0117223.731064035244
2020-08-0116914.720260727863
2020-09-0116833.84633954976
2020-10-0116640.111050757438
2020-11-0115261.633170378416
2020-12-0115870.601726115034
2021-01-0115489.770052507694
2021-02-0114150.522059267305
2021-03-0114144.48669201521
2021-04-0114623.694851831735
2021-05-0115259.822560202789
2021-06-0114599.553382823346
2021-07-0114962.882491399601
2021-08-0114983.402740056732
2021-09-0114878.38734987024
2021-10-0114804.152332669442
2021-11-0115296.638300440582
2021-12-0115377.512221618685
2022-01-0115245.337678797754
2022-02-0116136.157885207314
2022-03-0116831.432192648925
2022-04-0117273.824612227654
2022-05-0116627.436779528034
2022-06-0116924.376848331223
2022-07-0116500.090530508784
2022-08-0116800.651819663224
2022-09-0117062.586758404246
2022-10-0116189.872653750981
2022-11-0116670.891423743135
2022-12-0117148.89251010924
2023-01-0117745.186794616453
2023-02-0117109.059086245397
2023-03-0118136.278592552357
2023-04-0117946.7680608365
2023-05-0118050.576377572575
2023-06-0117095.177741565574
2023-07-0117348.05962942845
2023-08-0117355.302070130965
2023-09-0117202.607278652908
2023-10-0118573.842718329408
2023-11-0118232.844468585914
2023-12-0118343.895226024502
2024-01-0118234.051542036334
2024-02-0118292.594604381677
2024-03-0119850.926428873197
2024-04-0120720.019313175206
2024-05-0120684.41064638783
2024-06-0120799.08262417768
2024-07-0121265.6165127648
2024-08-0121506.427666123484
2024-09-0122151.004888647472
2024-10-0124015.933369545535
2024-11-0123604.321322952503
2024-12-0123452.23006819965
2025-01-0125426.398696360673
2025-02-0125477.6993180035
2025-03-0127184.501176896614
2025-04-0127894.260365743256
2025-05-0127431.347697507397
2025-06-0126978.091616874888
2025-07-0128007.121733357475
2025-08-0128655.92371295793
2025-09-0132039.350594483676
2025-10-0134073.872895165674
2025-11-0135667.81338644457
2025-12-0135915.866980505765
2026-01-0140719.41577645
2026-02-0143585.008147745786
2026-03-0139175.56883336351
2026-04-0139773.070191321145
Annual Return Matrix
YearAnnual Return
20170.015496608393536615
20180.041816009557944955
20190.1447039199332778
20200.19744990892531877
2021-0.03106936416184969
20220.11519290396012405
20230.06968395861195176
20240.27847601500296104
20250.5314478357095065
20260.10739552000537733
Total Factor Risk
0.13877188658587822
VTI.US Exposure
-0.00021492241055260468
VEA.US Exposure
0.0014666160626496695
VWO.US Exposure
-0.002937432654671893
QQQ.US Exposure
0.01163168692234926
VTV.US Exposure
0.01423024935976376
IJR.US Exposure
0.0009840344007766737
QUAL.US Exposure
0.0007441305893381029
SHV.US Exposure
0.009313814514126445
TLT.US Exposure
0.015979929062914938
LQD.US Exposure
-0.0002686447533902058
HYG.US Exposure
0.027617111176324406
GLD.US Exposure
0.8219227812425508
USO.US Exposure
-0.004588048209033582
VNQ.US Exposure
0.00014598406292841998
BTC-USD.CC Exposure
-0.0004760345836091971
CPER.US Exposure
-0.008741284616784651
VIX.INDX Exposure
0.0037018946325007764
UUP.US Exposure
0.07482133329594876
TIP.US Exposure
-0.006804661543784593
Idiosyncratic Exposure
0.0414714634496549
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 →
-2.8%
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 →
+13.5%
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 →
10.5% 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 WisdomTree Physical Gold a high-risk investment?

WisdomTree Physical Gold (PHGP.LSE) has an annualized volatility of 13.9% and experienced a maximum drawdown of 17.9% over the last 10 years. Its primary macro risk driver is GLD.US.

What is the 10-year return of PHGP.LSE?

Over the past 10 years, PHGP.LSE has generated a Compound Annual Growth Rate (CAGR) of 15.3%. It has had a positive return in 90% 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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