AGBP.L vs. AEGG.L
AGBP.L (iShares Core Global Aggregate Bond UCITS ETF GBP Hedged (Dist)) and AEGG.L (iShares Global Aggregate Bond ESG UCITS ETF GBP Hedged (Acc)) are both Global Bonds funds from iShares tracking the Bloomberg Global Aggregate TR Hdg GBP. Both are passively managed. Over the past 3 years, AGBP.L returned 3.91%/yr vs 3.84%/yr for AEGG.L. Their correlation of 0.87 suggests significant overlap in exposure. Both charge a 0.10% expense ratio.
Performance
AGBP.L vs. AEGG.L - Performance Comparison
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Returns By Period
In the year-to-date period, AGBP.L achieves a 0.42% return, which is significantly lower than AEGG.L's 0.49% return.
AGBP.L
- 1D
- 0.15%
- 1M
- 0.08%
- YTD
- 0.42%
- 6M
- 0.69%
- 1Y
- 3.40%
- 3Y*
- 3.91%
- 5Y*
- 0.11%
- 10Y*
- —
AEGG.L
- 1D
- 0.12%
- 1M
- -0.01%
- YTD
- 0.49%
- 6M
- 0.73%
- 1Y
- 3.22%
- 3Y*
- 3.84%
- 5Y*
- —
- 10Y*
- —
AGBP.L vs. AEGG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
AGBP.L iShares Core Global Aggregate Bond UCITS ETF GBP Hedged (Dist) | 0.42% | 4.51% | 3.15% | 5.67% | -12.35% | -0.44% |
AEGG.L iShares Global Aggregate Bond ESG UCITS ETF GBP Hedged (Acc) | 0.49% | 4.36% | 3.07% | 5.65% | -12.74% | -0.69% |
Correlation
The correlation between AGBP.L and AEGG.L is 0.73, 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 | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Dec 8, 2021 | 0.87 |
The correlation between AGBP.L and AEGG.L shifts across timeframes, from 0.73 (1 year) to 0.87 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
AGBP.L vs. AEGG.L — Risk / Return Rank
AGBP.L
AEGG.L
AGBP.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 GBP Hedged (Dist) (AGBP.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.
| AGBP.L | AEGG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.12 | ||
| Sortino ratioReturn per unit of downside risk | -0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.18 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.28 | 1.33 | -0.05 |
| Martin ratioReturn relative to average drawdown | 3.80 | 3.82 | -0.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AGBP.L | AEGG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.89 | 1.01 | -0.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.02 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | -0.05 | +0.29 |
Drawdowns
AGBP.L vs. AEGG.L - Drawdown Comparison
The maximum AGBP.L drawdown since its inception was -16.42%, roughly equal to the maximum AEGG.L drawdown of -15.75%. Use the drawdown chart below to compare losses from any high point for AGBP.L and AEGG.L.
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Drawdown Indicators
| AGBP.L | AEGG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.42% | -15.75% | -0.67% |
Max Drawdown (1Y)Largest decline over 1 year | -2.44% | -2.38% | -0.06% |
Max Drawdown (3Y)Largest decline over 3 years | -3.60% | -3.72% | +0.12% |
Max Drawdown (5Y)Largest decline over 5 years | -15.91% | — | — |
Current DrawdownCurrent decline from peak | -1.84% | -1.36% | -0.48% |
Average DrawdownAverage peak-to-trough decline | -4.84% | -7.54% | +2.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.82% | 0.83% | -0.01% |
Volatility
AGBP.L vs. AEGG.L - Volatility Comparison
iShares Core Global Aggregate Bond UCITS ETF GBP Hedged (Dist) (AGBP.L) and iShares Global Aggregate Bond ESG UCITS ETF GBP Hedged (Acc) (AEGG.L) have volatilities of 1.41% and 1.42%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AGBP.L | AEGG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.41% | 1.42% | -0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 2.91% | 2.48% | +0.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.52% | 3.13% | +0.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.70% | 4.59% | +0.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.13% | 4.59% | -0.46% |
AGBP.L vs. AEGG.L - Expense Ratio Comparison
Both AGBP.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
AGBP.L vs. AEGG.L - Dividend Comparison
AGBP.L's dividend yield for the trailing twelve months is around 3.12%, while AEGG.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
AEGG.L iShares Global Aggregate Bond ESG UCITS ETF GBP Hedged (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AGBP.L iShares Core Global Aggregate Bond UCITS ETF GBP Hedged (Dist) | 3.12% | 3.00% | 2.59% | 1.97% | 1.56% | 1.27% | 1.53% | 1.65% | 0.98% |
Frequently Asked Questions
AGBP.L and AEGG.L have a correlation of 0.73, 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.
AGBP.L and AEGG.L have the same expense ratio: 0.10% per year.
Both ETFs track Bloomberg Global Aggregate TR Hdg GBP.
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