iShares Core Euro Government Bond UCITS ETF (Dist) (SEGA.L) Alternatives

ETF · Currency in GBP · Last updated Jul 16, 2026

The fund is an exchange traded fund (ETF) that aims to track the performance of the Barclays Euro Treasury Bond Index as closely as possible. The ETF invests in physical index securities. The Barclays Euro Treasury Bond Index offers exposure to Euro denominated investment grade government bonds publicly issued in the Eurobond and Euro zone domestic markets. Only bonds with a minimum remaining time to maturity of one year and"a minimum amount outstanding of "300 million are included in the index. iShares ETFs are funds managed by BlackRock. They are transparent, cost-efficient, liquid vehicles that trade on stock exchanges like normal securities. iShares ETFs offer flexible and easy access to a wide range of markets and asset classes.

iShares Core Euro Government Bond UCITS ETF (Dist) (SEGA.L) belongs to the European Government Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SEGA.L. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to SEGA.L

SEGA.L charges 0.09% annually. There are 15 ETFs in the European Government Bonds category with lower expense ratios, going as low as 0.05%.

Symbol	Name	Expense Ratio	AUM	Inception
PRIR.L	Amundi Prime Euro Govies UCITS ETF DR (D)	0.05%	1.73B	Feb 2019	SEGA.L vs PRIR.L
GIL5.L	Lyxor UK Government Bond 0-5Y (DR) UCITS ETF - Dis...	0.05%	602.31M	Jul 2016	SEGA.L vs GIL5.L
GILS.L	Lyxor Core UK Government Bond (DR) UCITS ETF - Dis...	0.05%	1.94B	Nov 2010	SEGA.L vs GILS.L
GLTA.L	Invesco UK Gilts UCITS ETF Acc	0.06%	303.24M	Jun 2019	SEGA.L vs GLTA.L
UKG5.L	L&G UK Gilt 0-5 Year UCITS ETF	0.06%	267.12M	Dec 2020	SEGA.L vs UKG5.L

Best Risk-Adjusted Alternatives to SEGA.L

SEGA.L has a PortfoliosLab risk / return rank of 5. There are 29 ETFs in the European Government Bonds category with higher risk-adjusted ranks, going as high as 42.

Symbol	Name	Risk / Return Rank	AUM	Inception
GIL5.L	Lyxor UK Government Bond 0-5Y (DR) UCITS ETF - Dis...	42	602.31M	Jul 2016	SEGA.L vs GIL5.L
IGL5.L	iShares UK Gilts 0-5yr UCITS ETF GBP (Acc)	38	577.30M	Apr 2023	SEGA.L vs IGL5.L
GLTS.L	SPDR Bloomberg 1-5 Year Gilt UCITS ETF	32	260.44M	May 2012	SEGA.L vs GLTS.L
JG15.L	JPMorgan BetaBuilders UK Gilt 1-5 UCITS ETF - GBP ...	31	36.76M	Jun 2018	SEGA.L vs JG15.L
GLT5.L	Invesco UK Gilt 1-5 Year UCITS ETF Dist	30	211.88M	Mar 2019	SEGA.L vs GLT5.L

Top Performing SEGA.L Alternatives (YTD)

SEGA.L is at -4.32% YTD. There are 30 ETFs in the European Government Bonds category with higher YTD returns, going as high as 3.44%.

Symbol	Name	YTD Return	AUM	Inception
GBPG.L	Goldman Sachs Access UK Gilts 1-10 Years UCITS ETF...	3.44%	759.03M	Sep 2021	SEGA.L vs GBPG.L
IGL5.L	iShares UK Gilts 0-5yr UCITS ETF GBP (Acc)	1.44%	577.30M	Apr 2023	SEGA.L vs IGL5.L
GIL5.L	Lyxor UK Government Bond 0-5Y (DR) UCITS ETF - Dis...	0.86%	602.31M	Jul 2016	SEGA.L vs GIL5.L
GLTS.L	SPDR Bloomberg 1-5 Year Gilt UCITS ETF	0.72%	260.44M	May 2012	SEGA.L vs GLTS.L
GLT5.L	Invesco UK Gilt 1-5 Year UCITS ETF Dist	0.68%	211.88M	Mar 2019	SEGA.L vs GLT5.L

Lowest Volatility Alternatives to SEGA.L

SEGA.L has 5.52% 1-year volatility. There are 17 ETFs in the European Government Bonds category with lower 1-year volatility, going as low as 1.27%.

Symbol	Name	Volatility 1Y	AUM	Inception
EU13.L	SPDR Bloomberg 1-3 Year Euro Government Bond UCITS...	1.27%	718.42M	Nov 2011	SEGA.L vs EU13.L
GIL5.L	Lyxor UK Government Bond 0-5Y (DR) UCITS ETF - Dis...	2.08%	602.31M	Jul 2016	SEGA.L vs GIL5.L
JG15.L	JPMorgan BetaBuilders UK Gilt 1-5 UCITS ETF - GBP ...	2.39%	36.76M	Jun 2018	SEGA.L vs JG15.L
GLTS.L	SPDR Bloomberg 1-5 Year Gilt UCITS ETF	2.41%	260.44M	May 2012	SEGA.L vs GLTS.L
IGL5.L	iShares UK Gilts 0-5yr UCITS ETF GBP (Acc)	2.64%	577.30M	Apr 2023	SEGA.L vs IGL5.L

Lowest Drawdown Alternatives to SEGA.L

SEGA.L has a 1-year max drawdown of -6.03%. There are 26 ETFs in the European Government Bonds category with shallower 1-year drawdowns, going as shallow as -1.24%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
EU13.L	SPDR Bloomberg 1-3 Year Euro Government Bond UCITS...	-1.24%	718.42M	Nov 2011	SEGA.L vs EU13.L
GIL5.L	Lyxor UK Government Bond 0-5Y (DR) UCITS ETF - Dis...	-1.92%	602.31M	Jul 2016	SEGA.L vs GIL5.L
IGL5.L	iShares UK Gilts 0-5yr UCITS ETF GBP (Acc)	-1.94%	577.30M	Apr 2023	SEGA.L vs IGL5.L
GLT5.L	Invesco UK Gilt 1-5 Year UCITS ETF Dist	-2.20%	211.88M	Mar 2019	SEGA.L vs GLT5.L
GLTS.L	SPDR Bloomberg 1-5 Year Gilt UCITS ETF	-2.22%	260.44M	May 2012	SEGA.L vs GLTS.L

Other ETFs from iShares

The 10 most viewed iShares ETFs shown here include IWDA.L, IUIT.L, SGLN.L and span 8 categories. AUM among these funds goes as high as $143B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
IWDA.L	iShares Core MSCI World UCITS ETF USD (Acc)	Global Equities	71	10.17%	143.34B	Sep 2009	SEGA.L vs IWDA.L
IUIT.L	iShares S&P 500 Information Technology Sector UCIT...	Technology Equities, S&P 500	46	17.06%	18.46B	Nov 2015	SEGA.L vs IUIT.L
SGLN.L	iShares Physical Gold ETC	Gold, Precious Metals, Commodities	26	-6.40%	25.41B	Apr 2011	SEGA.L vs SGLN.L
SWDA.L	iShares Core MSCI World UCITS ETF USD (Acc)	Global Equities	79	9.95%	106.97B	Sep 2009	SEGA.L vs SWDA.L
CNDX.L	iShares NASDAQ 100 UCITS ETF	Nasdaq-100	61	15.91%	27.76B	Jan 2010	SEGA.L vs CNDX.L
IITU.L	iShares S&P 500 Information Technology Sector UCIT...	Technology Equities, S&P 500	45	16.77%	13.77B	Nov 2015	SEGA.L vs IITU.L
EIMI.L	iShares Core MSCI EM IMI UCITS ETF	Emerging Markets Equities	62	18.64%	42.11B	May 2014	SEGA.L vs EIMI.L
CSP1.L	iShares Core S&P 500 UCITS ETF	S&P 500	72	10.00%	113.20B	May 2010	SEGA.L vs CSP1.L
IGLN.L	iShares Physical Gold ETC	Gold, Precious Metals	25	-6.13%	34.05B	Apr 2011	SEGA.L vs IGLN.L
ISAC.L	iShares MSCI ACWI UCITS ETF USD (Acc)	Global Equities	72	11.18%	34.09B	Oct 2011	SEGA.L vs ISAC.L

Often Compared With SEGA.L

Investors most often compare SEGA.L with VETA.L, SGLP.L, SDEU.L. These 20 comparison targets span 15 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VETA.L	Vanguard EUR Eurozone Government Bond UCITS ETF Ac...	European Government Bonds	6	-3.06%	3.24B	Feb 2019	SEGA.L vs VETA.L
SGLP.L	Invesco Physical Gold A	Gold, Precious Metals	26	-6.33%	21.79B	Jun 2009	SEGA.L vs SGLP.L
SDEU.L	iShares Germany Government Bond UCITS ETF (Dist)	European Government Bonds	4	-3.23%	125.39M	May 2012	SEGA.L vs SDEU.L
IBGS.L	iShares Euro Government Bond 1-3yr UCITS ETF (Dist...	European Government Bonds	6	-2.60%	1.48B	Jun 2006	SEGA.L vs IBGS.L
^TNX	Cboe 10-Year Treasury Note Yield Index		7	9.18%	—	—	SEGA.L vs ^TNX
VWCE.DE	Vanguard FTSE All-World UCITS ETF	Global Equities	86	14.01%	—	Jul 2019	SEGA.L vs VWCE.DE
HYGW	iShares High Yield Corporate Bond Buywrite Strateg...	High Yield Bonds	88	2.57%	112.91M	Aug 2022	SEGA.L vs HYGW
IGLS.L	iShares UK Gilts 0-5yr UCITS ETF GBP (Dist)	European Government Bonds	13	-1.31%	2.08B	Apr 2009	SEGA.L vs IGLS.L
IGLT.L	iShares Core UK Gilts UCITS ETF	Government Bonds	15	-0.48%	3.21B	Dec 2006	SEGA.L vs IGLT.L
VGOV.L	Vanguard UK Gilt UCITS ETF Distributing	European Government Bonds	15	-1.10%	356.20M	May 2012	SEGA.L vs VGOV.L
AVWS.DE	Avantis Global Small Cap Value UCITS ETF USD Acc	Foreign Small & Mid Cap Equities	91	22.46%	—	Sep 2024	SEGA.L vs AVWS.DE
SP5L.L	Lyxor S&P 500 UCITS ETF - Acc	S&P 500	72	10.09%	23.78B	Dec 2014	SEGA.L vs SP5L.L
BTC-USD	Bitcoin		25	-26.24%	—	—	SEGA.L vs BTC-USD
TLT	iShares 20+ Year Treasury Bond ETF	Government Bonds, Long-Term Bond	15	-1.16%	42.18B	Jul 2002	SEGA.L vs TLT
CE31.L	iShares Euro Government Bond 1-3yr UCITS ETF (Acc)	European Government Bonds	9	-2.47%	1.91B	Jun 2009	SEGA.L vs CE31.L
CTA	Simplify Managed Futures Strategy ETF	Systematic Trend	10	1.23%	1.51B	Mar 2022	SEGA.L vs CTA
IEAA.L	iShares Core Euro Corporate Bond UCITS ETF (Acc)	European Corporate Bonds	17	0.37%	3.62B	Sep 2017	SEGA.L vs IEAA.L
VTI	Vanguard Total Stock Market ETF	Large Cap Blend Equities	70	11.75%	2.30T	May 2001	SEGA.L vs VTI
CMOD.L	Invesco Bloomberg Commodity UCITS ETF	Commodities	58	20.12%	3.87B	Jan 2017	SEGA.L vs CMOD.L
FLCH	Franklin FTSE China ETF	China Equities, Asia Pacific Equities	9	-8.52%	279.32M	Nov 2017	SEGA.L vs FLCH

Compare SEGA.L with Any Fund or Stock

Compare SEGA.L with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Diversifiers

Pair SEGA.L with funds that move differently

iShares Core Euro Government Bond UCITS ETF (Dist) alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SEGA.L.

Explore SEGA.L Diversifiers