First Trust Low Duration Global Government Bond UCITS ETF GBP Hedged dist (FGOV.L) belongs to the Global Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FGOV.L. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FGOV.L
FGOV.L charges 0.45% annually. There are 34 ETFs in the Global Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Amundi Index Barclays Global Agg 500M | 0.03% | 3.08B | Oct 2016 | FGOV.L vs GAGG.L | |
| Amundi Prime Global Govies UCITS ETF DR (D) | 0.05% | 132.15M | Feb 2019 | FGOV.L vs PRIG.L | |
| Amundi Index Global Aggregate 500M UCITS ETF DR - ... | 0.08% | 3.08B | Jul 2021 | FGOV.L vs AGHG.L | |
| Lyxor Core Global Government Bond (DR) UCITS ETF -... | 0.09% | 126.47M | Jun 2020 | FGOV.L vs GOVD.L | |
| Vanguard Global Aggregate Bond UCITS ETF USD Hedge... | 0.10% | 5.62B | Jun 2019 | FGOV.L vs VAGU.L |
Best Risk-Adjusted Alternatives to FGOV.L
FGOV.L has a PortfoliosLab risk / return rank of 65. No ETFs in the Global Bonds category have higher risk-adjusted ranks; the top alternatives shown here go as high as 37.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Bloomberg Global Aggregate Bond UCITS ETF USD... | 37 | 5.36B | Feb 2018 | FGOV.L vs GLAU.L | |
| Amundi Index Global Aggregate 500M UCITS ETF DR - ... | 32 | 3.08B | Jul 2021 | FGOV.L vs AGHG.L | |
| SPDR Bloomberg Global Aggregate Bond UCITS ETF USD... | 31 | 5.36B | Oct 2019 | FGOV.L vs GLAD.L | |
| iShares Core Global Aggregate Bond UCITS ETF | 30 | 3.98B | Nov 2017 | FGOV.L vs AGGU.L | |
| SPDR Bloomberg Global Aggregate Bond UCITS ETF GBP... | 29 | 3.98B | Feb 2018 | FGOV.L vs GLAB.L |
Top Performing FGOV.L Alternatives (YTD)
FGOV.L is at 1.28% YTD. There is 1 ETF in the Global Bonds category with a higher YTD return, going as high as 2.41%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Global Government Bond UCITS ETF GBP Hedge... | 2.41% | 496.93M | Mar 2018 | FGOV.L vs IGLH.L | |
| HSBC Global Sukuk UCITS ETF C USD | 0.69% | — | Sep 2023 | FGOV.L vs HBKS.L | |
| Amundi Index Global Aggregate 500M UCITS ETF DR - ... | 0.55% | 3.08B | Jul 2021 | FGOV.L vs AGHG.L | |
| SPDR Bloomberg Global Aggregate Bond UCITS ETF USD... | 0.54% | 5.36B | Oct 2019 | FGOV.L vs GLAD.L | |
| SPDR Bloomberg Global Aggregate Bond UCITS ETF GBP... | 0.51% | 3.98B | Feb 2018 | FGOV.L vs GLAB.L |
Lowest Volatility Alternatives to FGOV.L
FGOV.L has 1.80% 1-year volatility. No ETFs in the Global Bonds category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 2.89%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Amundi Index Global Aggregate 500M UCITS ETF DR - ... | 2.89% | 3.08B | Jul 2021 | FGOV.L vs AGHG.L | |
| iShares Core Global Aggregate Bond UCITS ETF | 3.08% | 3.98B | Nov 2017 | FGOV.L vs AGGU.L | |
| SPDR Bloomberg Global Aggregate Bond UCITS ETF GBP... | 3.08% | 3.98B | Feb 2018 | FGOV.L vs GLAB.L | |
| iShares Global Aggregate Bond ESG UCITS ETF GBP He... | 3.13% | 74.98M | Dec 2021 | FGOV.L vs AEGG.L | |
| SPDR Bloomberg Global Aggregate Bond UCITS ETF USD... | 3.19% | 5.36B | Oct 2019 | FGOV.L vs GLAD.L |
Lowest Drawdown Alternatives to FGOV.L
FGOV.L has a 1-year max drawdown of -1.74%. No ETFs in the Global Bonds category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -2.24%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Core Global Aggregate Bond UCITS ETF | -2.24% | 3.98B | Nov 2017 | FGOV.L vs AGGU.L | |
| Amundi Index Global Aggregate 500M UCITS ETF DR - ... | -2.24% | 3.08B | Jul 2021 | FGOV.L vs AGHG.L | |
| SPDR Bloomberg Global Aggregate Bond UCITS ETF GBP... | -2.29% | 3.98B | Feb 2018 | FGOV.L vs GLAB.L | |
| SPDR Bloomberg Global Aggregate Bond UCITS ETF USD... | -2.30% | 5.36B | Oct 2019 | FGOV.L vs GLAD.L | |
| SPDR Bloomberg Global Aggregate Bond UCITS ETF USD... | -2.36% | 5.36B | Feb 2018 | FGOV.L vs GLAU.L |
Other ETFs from First Trust
The 10 most viewed First Trust ETFs shown here include BLOK.L, CIBR.L, FBT.L and span 5 categories. AUM among these funds goes as high as $1B.
Often Compared With FGOV.L
Investors most often compare FGOV.L with GLAG.L, SGLO.L, GOVG.L. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare FGOV.L with Any Fund or Stock
Compare FGOV.L with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FGOV.L with funds that move differently
First Trust Low Duration Global Government Bond UCITS ETF GBP Hedged dist alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FGOV.L.
Explore FGOV.L Diversifiers