(SGLD) Physical Gold ETC EUR - Overview

Exchange: AS • Country: Netherlands • Currency: EUR • Type: Etc • ISIN: IE00B579F325

Etc: Physical Gold, ETC, EUR, Exchange Traded, Commodity

Total Rating 42
Risk 73
Buy Signal 0.93
Risk 5d forecast
Volatility 26.2%
Relative Tail Risk -6.54%
Reward TTM
Sharpe Ratio 1.85
Alpha 43.80
Character TTM
Beta 0.048
Beta Downside 0.053
Drawdowns 3y
Max DD 10.95%
CAGR/Max DD 3.60

Description: SGLD Physical Gold ETC EUR December 19, 2025

Invesco Physical Gold ETC EUR (ticker SGLD) is an exchange-traded commodity product domiciled in the Netherlands that provides investors with direct exposure to the price of physical gold, denominated in euros.

Key metrics to watch include its low expense ratio (≈0.15% p.a.), total assets under management (≈€1.2 bn as of Q3 2024), and a daily audited gold storage protocol that underpins its 1:1 gold-backed structure. The fund’s performance is tightly linked to macro-drivers such as real-interest-rate movements, USD/EUR exchange fluctuations, and global central-bank balance-sheet policies, all of which influence gold’s safe-haven demand.

For a deeper dive into SGLD’s risk-adjusted returns and how it fits within a diversified portfolio, you might find ValueRay’s analytical tools useful.

What is the price of SGLD shares?

As of February 09, 2026, the stock is trading at EUR 401.86 with a total of 4,370 shares traded.
Over the past week, the price has changed by +5.87%, over one month by +9.06%, over three months by +17.80% and over the past year by +48.00%.

Is SGLD a buy, sell or hold?

Physical Gold ETC EUR has no consensus analysts rating.

What are the forecasts/targets for the SGLD price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 554.2 37.9%

SGLD Fundamental Data Overview February 03, 2026

Market Cap USD = 23.71b (20.05b EUR * 1.1827 EUR.USD)
Revenue TTM = 0.0 EUR
EBIT TTM = 0.0 EUR
EBITDA TTM = 0.0 EUR
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 20.05b EUR (20.05b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 20.05b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 20.05b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 25.0% (EU avg default 25%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 25.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.09% (E(20.05b)/V(20.05b) * Re(6.09%) + (debt-free company))
Discount Rate = 6.09% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)

Additional Sources for SGLD

Fund Manager Positions: Dataroma | Stockcircle