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 56 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% | 3.14B | Oct 2016 | FGOV.L vs GAGG.L | |
| Amundi Prime Global Govies UCITS ETF DR (D) | 0.05% | 140.09M | Feb 2019 | FGOV.L vs PRIG.L | |
| Amundi Index Global Aggregate 500M UCITS ETF DR - ... | 0.08% | 3.14B | Jul 2021 | FGOV.L vs AGHG.L | |
| Lyxor Core Global Government Bond (DR) UCITS ETF -... | 0.09% | 83.29M | Jun 2020 | FGOV.L vs GOVD.L | |
| Vanguard Global Aggregate Bond UCITS ETF GBP Hedge... | 0.10% | 2.00B | Jun 2019 | FGOV.L vs VAGS.L |
Best Risk-Adjusted Alternatives to FGOV.L
FGOV.L has a PortfoliosLab risk / return rank of 71. There are 2 ETFs in the Global Bonds category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares $ Corp Bond 0-3yr ESG SRI UCITS ETF GBP He... | 94 | — | Oct 2021 | FGOV.L vs SGSU.L | |
| iShares $ Short Duration Corp Bond UCITS ETF USD (... | 83 | — | Oct 2024 | FGOV.L vs SDIG.L | |
| JPMorgan ETFs (Ireland) ICAV - USD Emerging Market... | 69 | — | Dec 2019 | FGOV.L vs JPMB.L | |
| JPMorgan ETFs (Ireland) ICAV - USD Emerging Market... | 69 | — | Dec 2019 | FGOV.L vs JMBA.L | |
| iShares $ Corp Bond Interest Rate Hedged UCITS ETF | 66 | — | Aug 2020 | FGOV.L vs HLQD.L |
Top Performing FGOV.L Alternatives (YTD)
FGOV.L is at 1.63% YTD. There are 4 ETFs in the Global Bonds category with higher YTD returns, going as high as 2.31%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| iShares $ Corp Bond Interest Rate Hedged UCITS ETF | 2.31% | — | Aug 2020 | FGOV.L vs HLQD.L | |
| iShares $ Corp Bond Interest Rate Hedged UCITS ETF... | 2.29% | — | Aug 2020 | FGOV.L vs LQDH.L | |
| JPMorgan ETFs (Ireland) ICAV - USD Emerging Market... | 1.73% | — | Dec 2019 | FGOV.L vs JPMB.L | |
| iShares $ Corp Bond 0-3yr ESG SRI UCITS ETF GBP He... | 1.67% | — | Oct 2021 | FGOV.L vs SGSU.L | |
| JPMorgan ETFs (Ireland) ICAV - USD Emerging Market... | 1.60% | — | Dec 2019 | FGOV.L vs JMBA.L |
Lowest Volatility Alternatives to FGOV.L
FGOV.L has 1.85% 1-year volatility. There is 1 ETF in the Global Bonds category with lower 1-year volatility, going as low as 1.72%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares $ Corp Bond 0-3yr ESG SRI UCITS ETF GBP He... | 1.72% | — | Oct 2021 | FGOV.L vs SGSU.L | |
| iShares $ Short Duration Corp Bond UCITS ETF USD (... | 1.94% | — | Oct 2024 | FGOV.L vs SDIG.L | |
| iShares € Corp Bond 1-5yr UCITS ETF EUR (Dist) | 2.50% | — | Sep 2023 | FGOV.L vs IE15.L | |
| iShares € Corp Bond Interest Rate Hedged ESG SRI U... | 2.67% | — | Oct 2012 | FGOV.L vs IRCP.L | |
| Amundi Index Global Aggregate 500M UCITS ETF DR - ... | 2.86% | 3.14B | Jul 2021 | FGOV.L vs AGHG.L |
Lowest Drawdown Alternatives to FGOV.L
FGOV.L has a 1-year max drawdown of -1.74%. There are 5 ETFs in the Global Bonds category with shallower 1-year drawdowns, going as shallow as -0.42%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares $ Corp Bond 0-3yr ESG SRI UCITS ETF GBP He... | -0.42% | — | Oct 2021 | FGOV.L vs SGSU.L | |
| iShares € Corp Bond Interest Rate Hedged ESG SRI U... | -1.03% | — | Oct 2012 | FGOV.L vs IRCP.L | |
| iShares $ Short Duration Corp Bond UCITS ETF USD (... | -1.17% | — | Oct 2024 | FGOV.L vs SDIG.L | |
| iShares $ Corp Bond Interest Rate Hedged UCITS ETF... | -1.39% | — | Aug 2020 | FGOV.L vs LQDH.L | |
| iShares $ Corp Bond Interest Rate Hedged UCITS ETF | -1.39% | — | Aug 2020 | FGOV.L vs HLQD.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 $2B.
Often Compared With FGOV.L
Investors most often compare FGOV.L with GLAB.L, SGLO.L, GLAG.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