0GGH.L vs. AEGG.L
0GGH.L (iShares Core Global Aggregate Bond UCITS ETF EUR Hedged (Acc)) and AEGG.L (iShares Global Aggregate Bond ESG UCITS ETF GBP Hedged (Acc)) are both Global Bonds funds from iShares - 0GGH.L tracks the Bloomberg Global Aggregate Bond Index while AEGG.L tracks the Bloomberg Global Aggregate TR Hdg GBP. Both are passively managed. Over the past 3 years, 0GGH.L returned 2.12%/yr vs 4.13%/yr for AEGG.L. A 0.54 correlation means they provide meaningful diversification when combined. Both charge a 0.10% expense ratio.
Performance
0GGH.L vs. AEGG.L - Performance Comparison
Loading charts...
Different Trading Currencies
0GGH.L is traded in EUR, while AEGG.L is traded in GBP. To make them comparable, the AEGG.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, 0GGH.L achieves a -0.41% return, which is significantly lower than AEGG.L's 3.05% return.
0GGH.L
- 1D
- 0.00%
- 1M
- -0.61%
- 6M
- -0.61%
- YTD
- -0.41%
- 1Y
- 1.03%
- 3Y*
- 2.12%
- 5Y*
- -1.53%
- 10Y*
- —
AEGG.L
- 1D
- -0.18%
- 1M
- 1.15%
- 6M
- 2.36%
- YTD
- 3.05%
- 1Y
- 4.58%
- 3Y*
- 4.13%
- 5Y*
- —
- 10Y*
- —
0GGH.L vs. AEGG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
0GGH.L iShares Core Global Aggregate Bond UCITS ETF EUR Hedged (Acc) | -0.41% | 2.71% | 1.27% | 4.35% | -13.33% |
AEGG.L iShares Global Aggregate Bond ESG UCITS ETF GBP Hedged (Acc) | 3.05% | -1.00% | 8.03% | 7.79% | -17.29% |
Correlation
The correlation between 0GGH.L and AEGG.L is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2022 | 0.54 |
The correlation between 0GGH.L and AEGG.L has been stable across timeframes, ranging from 0.45 to 0.54 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
0GGH.L vs. AEGG.L — Risk / Return Rank
0GGH.L
AEGG.L
0GGH.L vs. AEGG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core Global Aggregate Bond UCITS ETF EUR Hedged (Acc) (0GGH.L) and iShares Global Aggregate Bond ESG UCITS ETF GBP Hedged (Acc) (AEGG.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| 0GGH.L | AEGG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.60 | ||
| Sortino ratioReturn per unit of downside risk | -0.88 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.16 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.37 | 2.03 | -1.66 |
| Martin ratioReturn relative to average drawdown | 0.93 | 5.10 | -4.17 |
Loading charts...
Drawdowns
0GGH.L vs. AEGG.L - Drawdown Comparison
The maximum 0GGH.L drawdown since its inception was -21.17%, which is greater than AEGG.L's maximum drawdown of -19.12%. Use the drawdown chart below to compare losses from any high point for 0GGH.L and AEGG.L.
Loading charts...
Drawdown Indicators
| 0GGH.L | AEGG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.17% | -19.12% | -2.05% |
Max Drawdown (1Y)Largest decline over 1 year | -2.80% | -2.25% | -0.55% |
Max Drawdown (3Y)Largest decline over 3 years | -3.90% | -6.22% | +2.32% |
Max Drawdown (5Y)Largest decline over 5 years | -21.17% | — | — |
Current DrawdownCurrent decline from peak | -12.63% | -1.74% | -10.89% |
Average DrawdownAverage peak-to-trough decline | -8.73% | -8.47% | -0.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.10% | 0.90% | +0.20% |
Volatility
0GGH.L vs. AEGG.L - Volatility Comparison
The current volatility for iShares Core Global Aggregate Bond UCITS ETF EUR Hedged (Acc) (0GGH.L) is 0.99%, while iShares Global Aggregate Bond ESG UCITS ETF GBP Hedged (Acc) (AEGG.L) has a volatility of 1.38%. This indicates that 0GGH.L experiences smaller price fluctuations and is considered to be less risky than AEGG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| 0GGH.L | AEGG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.99% | 1.38% | -0.39% |
Volatility (6M)Calculated over the trailing 6-month period | 2.75% | 3.54% | -0.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.33% | 5.02% | -1.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.28% | 7.58% | +16.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.91% | 7.58% | +13.33% |
0GGH.L vs. AEGG.L - Expense Ratio Comparison
Both 0GGH.L and AEGG.L have an expense ratio of 0.10%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
0GGH.L vs. AEGG.L - Dividend Comparison
Neither 0GGH.L nor AEGG.L has paid dividends to shareholders.
Frequently Asked Questions
0GGH.L and AEGG.L have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.10% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
0GGH.L and AEGG.L have the same expense ratio: 0.10% per year.
0GGH.L tracks Bloomberg Global Aggregate Bond Index, while AEGG.L tracks Bloomberg Global Aggregate TR Hdg GBP.
Find the right allocation for 0GGH.L and AEGG.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer