0TPE.L vs. GILE.L
0TPE.L (iShares $ TIPS UCITS ETF EUR Hedged (Acc)) and GILE.L (iShares Global Inflation Linked Government Bond EUR Hedged UCITS ETF (Dist)) are both Inflation-Protected Bonds funds from iShares - 0TPE.L tracks the Bloomberg US Government Inflation-Linked Bond Index while GILE.L tracks the Bloomberg Gbl Infl Linked TR Hdg EUR. Both are passively managed. Over the past 5 years, 0TPE.L returned -1.56%/yr vs -3.20%/yr for GILE.L. At a 0.36 correlation, their price movements are largely independent. 0TPE.L charges 0.12%/yr vs 0.20%/yr for GILE.L.
Performance
0TPE.L vs. GILE.L - Performance Comparison
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Returns By Period
In the year-to-date period, 0TPE.L achieves a -0.01% return, which is significantly higher than GILE.L's -0.10% return.
0TPE.L
- 1D
- -0.01%
- 1M
- -0.75%
- 6M
- -0.38%
- YTD
- -0.01%
- 1Y
- 1.50%
- 3Y*
- 1.66%
- 5Y*
- -1.56%
- 10Y*
- —
GILE.L
- 1D
- 0.00%
- 1M
- -0.67%
- 6M
- -0.54%
- YTD
- -0.10%
- 1Y
- 1.60%
- 3Y*
- 0.77%
- 5Y*
- -3.20%
- 10Y*
- —
0TPE.L vs. GILE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
0TPE.L iShares $ TIPS UCITS ETF EUR Hedged (Acc) | -0.01% | 4.47% | 0.00% | 1.38% | -13.90% | 4.61% | 8.93% | 6.01% | -2.26% |
GILE.L iShares Global Inflation Linked Government Bond EUR Hedged UCITS ETF (Dist) | -0.10% | 2.27% | -2.07% | 2.05% | -19.26% | 4.81% | 7.52% | 5.71% | -0.83% |
Correlation
The correlation between 0TPE.L and GILE.L is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2018 | 0.36 |
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Return for Risk
0TPE.L vs. GILE.L — Risk / Return Rank
0TPE.L
GILE.L
0TPE.L vs. GILE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares $ TIPS UCITS ETF EUR Hedged (Acc) (0TPE.L) and iShares Global Inflation Linked Government Bond EUR Hedged UCITS ETF (Dist) (GILE.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.
| 0TPE.L | GILE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.06 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.74 | 0.66 | +0.08 |
| Martin ratioReturn relative to average drawdown | 1.62 | 1.42 | +0.20 |
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Drawdowns
0TPE.L vs. GILE.L - Drawdown Comparison
The maximum 0TPE.L drawdown since its inception was -18.53%, smaller than the maximum GILE.L drawdown of -24.74%. Use the drawdown chart below to compare losses from any high point for 0TPE.L and GILE.L.
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Drawdown Indicators
| 0TPE.L | GILE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.53% | -24.74% | +6.21% |
Max Drawdown (1Y)Largest decline over 1 year | -2.01% | -2.42% | +0.41% |
Max Drawdown (3Y)Largest decline over 3 years | -4.87% | -5.76% | +0.89% |
Max Drawdown (5Y)Largest decline over 5 years | -18.53% | -24.74% | +6.21% |
Current DrawdownCurrent decline from peak | -10.19% | -18.99% | +8.80% |
Average DrawdownAverage peak-to-trough decline | -7.44% | -10.18% | +2.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.93% | 1.13% | -0.20% |
Volatility
0TPE.L vs. GILE.L - Volatility Comparison
iShares $ TIPS UCITS ETF EUR Hedged (Acc) (0TPE.L) has a higher volatility of 1.19% compared to iShares Global Inflation Linked Government Bond EUR Hedged UCITS ETF (Dist) (GILE.L) at 1.01%. This indicates that 0TPE.L's price experiences larger fluctuations and is considered to be riskier than GILE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 0TPE.L | GILE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.19% | 1.01% | +0.18% |
Volatility (6M)Calculated over the trailing 6-month period | 2.91% | 3.39% | -0.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.76% | 4.74% | -0.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.62% | 7.90% | +0.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.79% | 7.21% | +1.58% |
0TPE.L vs. GILE.L - Expense Ratio Comparison
0TPE.L has a 0.12% expense ratio, which is lower than GILE.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
0TPE.L vs. GILE.L - Dividend Comparison
0TPE.L has not paid dividends to shareholders, while GILE.L's dividend yield for the trailing twelve months is around 1.14%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
0TPE.L iShares $ TIPS UCITS ETF EUR Hedged (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GILE.L iShares Global Inflation Linked Government Bond EUR Hedged UCITS ETF (Dist) | 1.14% | 1.11% | 1.05% | 0.91% | 0.86% | 0.69% | 1.12% | 2.14% | 0.41% |
Frequently Asked Questions
0TPE.L and GILE.L have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 0TPE.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
0TPE.L is cheaper with a 0.12% expense ratio, compared with 0.20% for GILE.L.
0TPE.L tracks Bloomberg US Government Inflation-Linked Bond Index, while GILE.L tracks Bloomberg Gbl Infl Linked TR Hdg EUR. Their fees differ too: 0.12% for 0TPE.L and 0.20% for GILE.L.
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