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Gold ETF comparison

ICICI Prudential Gold ETF vs SBI Gold Fund

Over the last 3 years, ICICI Prudential Gold ETF returned 32.7% a year versus 32.2% for SBI Gold Fund. The category average was 30.6%. In its deepest fall over the same period, ICICI Prudential Gold ETF dropped 7.6% versus 8.8% for SBI Gold Fund. Qonfido rates ICICI Prudential Gold ETF Premier and SBI Gold Fund Select within the Gold ETF peer group.

Ratings and metrics as of

At a glance

  • Higher 3-year return

    ICICI Prudential Gold ETF

  • Smaller worst fall

    ICICI Prudential Gold ETF

  • Smoother ride (higher Sharpe)

    ICICI Prudential Gold ETF

Head-to-head

Swap either fund or add a third to see how they line up.

Leads for you

ICICI Prudential Gold ETF

Gold ETF

4/4

rounds won

Premier
VS

SBI Gold

Gold ETF

0/4

rounds won

Select

Round by round

Three questions in one shape. A bigger triangle = stronger all round.

  • ICICI Prudential Gold ETF
  • SBI Gold
GrowthDip protectionSmooth ride
  1. Growth

    Who grew money faster?

    Average yearly return over the last 3 years.

    32.7%✓32.2%
  2. Dip protection

    Who fell less in the worst dip?

    Biggest fall from a peak in the period. Smaller hurts less.

    -7.6%✓-8.8%
  3. Smooth ride

    Who gave a smoother ride?

    Return earned for every unit of ups and downs. Higher is smoother.

    1.47✓1.31

Qonfido rating

Quality vs peers in the same category. Premier is the top tier.

ICICI Prudential Gold ETF is rated higher

ICICI Prudential Gold ETF
WatchStandardSelectPremier
SBI Gold
WatchStandardSelectPremier

What matters most to you?

Quick take for “Balanced”

ICICI Prudential Gold ETF comes out ahead — it grew money faster and fell less in bad markets.

Based on the last 3 years of data. A starting point for research, not advice.

What could your money become?

If each fund repeated its last 3 years. Drag to try.

ICICI Prudential Gold ETF₹75.27 L
SBI Gold₹75.27 L

You’d put in ₹12.00 L.

Illustration only. Past returns rarely repeat exactly.

Key numbers

MetricICICI Prudential Gold ETFSBI Gold Fund
Qonfido ratingPremierSelect
3Y return (CAGR)32.7%32.2%
Worst fall (max drawdown)7.6%8.8%
Sharpe ratio (3Y)1.471.31
Beta (3Y)0.250.25
Fund size (AUM)₹26,432 Cr₹7,203 Cr
Category average 3Y return30.6%

Frequently asked questions

  • Which is better, ICICI Prudential Gold ETF or SBI Gold Fund?

    Neither fund is better for every investor. Based on data as of 11 Oct 2026. Over the last 3 years, ICICI Prudential Gold ETF returned 32.7% a year versus 32.2% for SBI Gold Fund. The category average was 30.6%. In its deepest fall over the same period, ICICI Prudential Gold ETF dropped 7.6% versus 8.8% for SBI Gold Fund. Qonfido rates ICICI Prudential Gold ETF Premier and SBI Gold Fund Select within the Gold ETF peer group. Which fits depends on your goal, time horizon and comfort with falls. This comparison is educational research support, not personalised investment advice. Past performance does not indicate future returns.

  • Which has given higher returns, ICICI Prudential Gold ETF or SBI Gold Fund?

    Based on data as of 11 Oct 2026. Over the last 3 years, ICICI Prudential Gold ETF returned 32.7% a year versus 32.2% for SBI Gold Fund. The category average was 30.6%. This comparison is educational research support, not personalised investment advice. Past performance does not indicate future returns.

  • Which is less risky, ICICI Prudential Gold ETF or SBI Gold Fund?

    Based on data as of 11 Oct 2026. In its deepest fall over the same period, ICICI Prudential Gold ETF dropped 7.6% versus 8.8% for SBI Gold Fund. Sharpe ratio, a measure of return per unit of volatility, was 1.47 for ICICI Prudential Gold ETF and 1.31 for SBI Gold Fund. Lower falls and a higher Sharpe ratio point to a smoother past ride, not a guarantee.

  • What is the Qonfido rating of ICICI Prudential Gold ETF and SBI Gold Fund?

    Qonfido rates ICICI Prudential Gold ETF Premier and SBI Gold Fund Select within the Gold ETF peer group. Ratings compare funds with their category peers on risk-adjusted consistency and are explained on the Qonfido rating methodology page.

  • Should I invest in both ICICI Prudential Gold ETF and SBI Gold Fund?

    Both funds sit in the Gold ETF category, so their portfolios can overlap and holding both may add limited diversification. Review holdings overlap, costs and your overall allocation before combining them. This comparison is educational research support, not personalised investment advice. Past performance does not indicate future returns.

Keep researching

Comparisons are educational research support only. They are not personalised investment advice, suitability assessments, or predictions of returns. Mutual fund investments are subject to market risks. Read scheme documents and consider your goals, horizon, and risk tolerance before investing.