SGOL vs PPA

Comparison between abrdn Physical Gold Shares ETF (SGOL, ETF) and INVESCO AEROSPACE & DEFENSE ETF (PPA, ETF).

5-Year PerformanceSGOL has outperformed PPA, delivering a return of +20.7% compared to +17.9%

SGOL vs PPA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SGOL(ETF)	PPA(ETF)
Net Assets	$7.90B	$7.90B
Expense Ratio	0.17%	0.58%
Max Drawdown	45.51%	57.80%
Sharpe Ratio	1.26	1.53
5Y Beta	0.18	0.85
P/E Ratio	N/A	45.44
Forward P/E	N/A	27.94
PEG Ratio	N/A	0.65
5Y Dividends CAGR	N/A	-0.76%
5Y EPS CAGR	N/A	12.58%
Debt to Equity	N/A	130.12%
P/S Ratio	N/A	2.74
P/B Ratio	N/A	6.06

Net Assets

SGOL

$7.90B

PPA

$7.90B

Expense Ratio

Winner

SGOL

0.17%

PPA

0.58%

Max Drawdown

Winner

SGOL

45.51%

PPA

57.80%

Sharpe Ratio

SGOL

1.26

Winner

PPA

1.53

5Y Beta

Winner

SGOL

0.18

PPA

0.85

P/E Ratio

SGOL

N/A

PPA

45.44

Forward P/E

SGOL

N/A

PPA

27.94

PEG Ratio

SGOL

N/A

PPA

0.65

5Y Dividends CAGR

SGOL

N/A

PPA

-0.76%

5Y EPS CAGR

SGOL

N/A

PPA

12.58%

Debt to Equity

SGOL

N/A

PPA

130.12%

P/S Ratio

SGOL

N/A

PPA

2.74

P/B Ratio

SGOL

N/A

PPA

6.06

SGOL vs PPA - Historical Returns

Returns include dividend reinvestment.

Period	SGOL	PPA
1 month	-0.18%	-4.92%
3 months	-7.05%	-5.21%
6 months	+17.87%	+9.34%
1 year	+42.64%	+33.01%
5 years(CAGR)	+20.65%	+17.87%
10 years(CAGR)	+13.85%	+17.53%
Max(CAGR)	+9.51%	+13.57%

Winner

SGOL

-0.18%

PPA

-4.92%

SGOL

-7.05%

Winner

PPA

-5.21%

Winner

SGOL

+17.87%

PPA

+9.34%

Winner

SGOL

+42.64%

PPA

+33.01%

5Y(CAGR)

Winner

SGOL

+20.65%

PPA

+17.87%

10Y(CAGR)

SGOL

+13.85%

Winner

PPA

+17.53%

Max(CAGR)

SGOL

+9.51%

Winner

PPA

+13.57%

SGOL vs PPA - Annual Returns (2005 - 2026)

Returns include dividend reinvestment.

Year	SGOL	PPA
2026	+8.99%	+4.04%
2025	+61.80%	+37.54%
2024	+27.29%	+26.23%
2023	+12.16%	+18.39%
2022	+0.98%	+8.80%
2021	-6.05%	+10.86%
2020	+24.27%	-1.43%
2019	+18.07%	+39.54%
2018	-3.08%	-7.59%
2017	+12.01%	+28.95%
2016	+6.54%	+20.62%
2015	-11.03%	+4.24%
2014	-3.67%	+14.18%
2013	-28.85%	+46.90%
2012	+3.87%	+15.91%
2011	+10.17%	-2.54%
2010	+26.32%	+8.47%
2009	+10.54%	+18.19%
2008	N/A	-36.19%
2007	N/A	+21.82%
2006	N/A	+19.17%
2005	N/A	+3.96%

SGOL vs PPA Drawdown Comparison

The maximum drawdown for SGOL was -45.51%, occurring on Dec 17, 2015. Recovery took 2247 trading sessions.

The maximum drawdown for PPA was -57.37%, occurring on Mar 9, 2009. Recovery took 1365 trading sessions.

The current SGOL drawdown is -12.49%. The current PPA drawdown is -9.66%.

Rank	SGOL	PPA
#1	-45.51% Aug 22, 2011 - Jul 28, 2020	-57.37% Oct 9, 2007 - Mar 13, 2013
#2	-21.56% Aug 6, 2020 - Dec 27, 2023	-43.91% Feb 12, 2020 - Apr 1, 2021
#3	-19.14% Jan 29, 2026 - Mar 26, 2026	-24.74% Oct 3, 2018 - Apr 30, 2019
#4	-12.65% Dec 2, 2009 - May 11, 2010	-18.38% Mar 25, 2022 - Nov 10, 2022
#5	-10.06% Oct 20, 2025 - Dec 22, 2025	-15.24% Feb 24, 2015 - Apr 27, 2016
#6	-8.11% Oct 30, 2024 - Jan 30, 2025	-15.24% Nov 11, 2024 - May 2, 2025
#7	-8.07% Dec 6, 2010 - Mar 1, 2011	-13.71% Mar 2, 2026 - Mar 30, 2026
#8	-7.61% Jun 18, 2010 - Sep 14, 2010	-12.72% Jun 8, 2021 - Feb 28, 2022
#9	-7.13% Apr 21, 2025 - Jun 13, 2025	-11.64% Apr 20, 2006 - Oct 13, 2006
#10	-5.85% Apr 29, 2011 - Jul 12, 2011	-9.60% Jun 9, 2014 - Oct 31, 2014
#11	-5.69% May 20, 2024 - Jul 16, 2024	-8.64% Aug 1, 2023 - Nov 14, 2023
#12	-5.33% Nov 8, 2010 - Dec 3, 2010	-8.42% Oct 8, 2025 - Dec 22, 2025
#13	-5.13% May 12, 2010 - Jun 17, 2010	-7.92% Apr 19, 2018 - Jul 31, 2018
#14	-4.89% Dec 26, 2025 - Jan 12, 2026	-7.69% Jul 19, 2007 - Sep 18, 2007
#15	-4.80% Mar 31, 2025 - Apr 10, 2025	-6.95% Feb 1, 2018 - Feb 26, 2018