0GGH.L vs. SSXF.L
0GGH.L (iShares Core Global Aggregate Bond UCITS ETF EUR Hedged (Acc)) and SSXF.L (iShares £ Corp Bond ex-Financials UCITS ETF GBP (Dist)) are both exchange-traded funds - 0GGH.L is a Global Bonds fund tracking the Bloomberg Global Aggregate Bond Index, while SSXF.L is a Corporate Bonds fund tracking the iBoxx Sterling Corporate Bond ex Financials Index. Both are passively managed. Over the past 5 years, 0GGH.L returned -1.53%/yr vs -2.18%/yr for SSXF.L. At a 0.45 correlation, their price movements are largely independent. 0GGH.L charges 0.10%/yr vs 0.20%/yr for SSXF.L.
Performance
0GGH.L vs. SSXF.L - Performance Comparison
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Returns By Period
In the year-to-date period, 0GGH.L achieves a -0.41% return, which is significantly lower than SSXF.L's -0.24% 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*
- —
SSXF.L
- 1D
- -0.15%
- 1M
- 0.70%
- 6M
- 0.36%
- YTD
- -0.24%
- 1Y
- 3.15%
- 3Y*
- 5.05%
- 5Y*
- -2.18%
- 10Y*
- 0.31%
0GGH.L vs. SSXF.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
0GGH.L iShares Core Global Aggregate Bond UCITS ETF EUR Hedged (Acc) | -0.41% | 2.71% | 1.27% | 4.35% | -13.33% | -2.45% | 3.79% | 4.91% | -1.24% | -0.35% |
SSXF.L iShares £ Corp Bond ex-Financials UCITS ETF GBP (Dist) | -0.24% | 1.57% | 4.52% | 10.82% | -24.14% | 2.57% | 2.91% | 17.08% | -2.97% | 1.41% |
Correlation
The correlation between 0GGH.L and SSXF.L is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Nov 23, 2017 | 0.45 |
The correlation between 0GGH.L and SSXF.L shifts across timeframes, from 0.45 (all time) to 0.56 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
0GGH.L vs. SSXF.L — Risk / Return Rank
0GGH.L
SSXF.L
0GGH.L vs. SSXF.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 £ Corp Bond ex-Financials UCITS ETF GBP (Dist) (SSXF.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 | SSXF.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.18 | ||
| Sortino ratioReturn per unit of downside risk | -0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.09 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.37 | 0.56 | -0.19 |
| Martin ratioReturn relative to average drawdown | 0.93 | 1.25 | -0.32 |
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Drawdowns
0GGH.L vs. SSXF.L - Drawdown Comparison
The maximum 0GGH.L drawdown since its inception was -21.17%, smaller than the maximum SSXF.L drawdown of -33.80%. Use the drawdown chart below to compare losses from any high point for 0GGH.L and SSXF.L.
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Drawdown Indicators
| 0GGH.L | SSXF.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.17% | -33.80% | +12.63% |
Max Drawdown (1Y)Largest decline over 1 year | -2.80% | -6.58% | +3.78% |
Max Drawdown (3Y)Largest decline over 3 years | -3.90% | -8.00% | +4.10% |
Max Drawdown (5Y)Largest decline over 5 years | -21.17% | -33.80% | +12.63% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.80% | — |
Current DrawdownCurrent decline from peak | -12.63% | -12.47% | -0.16% |
Average DrawdownAverage peak-to-trough decline | -8.73% | -8.30% | -0.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.10% | 2.94% | -1.84% |
Volatility
0GGH.L vs. SSXF.L - Volatility Comparison
The current volatility for iShares Core Global Aggregate Bond UCITS ETF EUR Hedged (Acc) (0GGH.L) is 0.99%, while iShares £ Corp Bond ex-Financials UCITS ETF GBP (Dist) (SSXF.L) has a volatility of 1.92%. This indicates that 0GGH.L experiences smaller price fluctuations and is considered to be less risky than SSXF.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 0GGH.L | SSXF.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.99% | 1.92% | -0.93% |
Volatility (6M)Calculated over the trailing 6-month period | 2.75% | 6.03% | -3.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.33% | 7.57% | -4.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.28% | 9.87% | +14.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.91% | 9.83% | +11.08% |
0GGH.L vs. SSXF.L - Expense Ratio Comparison
0GGH.L has a 0.10% expense ratio, which is lower than SSXF.L's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
0GGH.L vs. SSXF.L - Dividend Comparison
0GGH.L has not paid dividends to shareholders, while SSXF.L's dividend yield for the trailing twelve months is around 2.33%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
0GGH.L iShares Core Global Aggregate Bond UCITS ETF EUR Hedged (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SSXF.L iShares £ Corp Bond ex-Financials UCITS ETF GBP (Dist) | 2.33% | 4.34% | 3.88% | 3.14% | 3.09% | 2.23% | 2.35% | 2.55% | 2.89% | 2.90% | 3.78% | 2.01% |
Frequently Asked Questions
0GGH.L and SSXF.L have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 0GGH.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
0GGH.L is cheaper with a 0.10% expense ratio, compared with 0.20% for SSXF.L.
0GGH.L is categorized as Global Bonds, while SSXF.L is Corporate Bonds. 0GGH.L tracks Bloomberg Global Aggregate Bond Index, while SSXF.L tracks iBoxx Sterling Corporate Bond ex Financials Index. Their fees differ too: 0.10% for 0GGH.L and 0.20% for SSXF.L.
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