AGGG.L vs. SGSU.L
AGGG.L (iShares Core Global Aggregate Bond UCITS ETF USD (Dist)) and SGSU.L (iShares $ Corp Bond 0-3yr ESG SRI UCITS ETF GBP Hedged (Dist)) are both Global Bonds funds from iShares - AGGG.L tracks the Bloomberg Global Aggregate Bond Index while SGSU.L tracks the iShares $ Corp Bond 0-3yr ESG SRI UCITS ETF GBP Hedged (Dist). Both are passively managed. Over the past 5 years, AGGG.L returned -2.10%/yr vs 2.19%/yr for SGSU.L. At a 0.45 correlation, their price movements are largely independent. AGGG.L charges 0.10%/yr vs 0.17%/yr for SGSU.L.
Performance
AGGG.L vs. SGSU.L - Performance Comparison
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Different Trading Currencies
AGGG.L is traded in USD, while SGSU.L is traded in GBP. To make them comparable, the SGSU.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, AGGG.L achieves a -2.46% return, which is significantly lower than SGSU.L's 2.06% return.
AGGG.L
- 1D
- 0.00%
- 1M
- -1.13%
- 6M
- -2.24%
- YTD
- -2.46%
- 1Y
- 0.15%
- 3Y*
- 2.11%
- 5Y*
- -2.10%
- 10Y*
- —
SGSU.L
- 1D
- 0.00%
- 1M
- 1.12%
- 6M
- 1.97%
- YTD
- 2.06%
- 1Y
- 4.85%
- 3Y*
- 6.11%
- 5Y*
- 2.19%
- 10Y*
- —
AGGG.L vs. SGSU.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
AGGG.L iShares Core Global Aggregate Bond UCITS ETF USD (Dist) | -2.46% | 7.96% | -1.41% | 5.38% | -15.91% | -5.43% | 9.42% | 1.04% |
SGSU.L iShares $ Corp Bond 0-3yr ESG SRI UCITS ETF GBP Hedged (Dist) | 2.06% | 13.06% | 3.41% | 9.80% | -13.07% | -1.33% | 5.58% | 5.29% |
Correlation
The correlation between AGGG.L and SGSU.L is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2019 | 0.45 |
The correlation between AGGG.L and SGSU.L has been stable across timeframes, ranging from 0.45 to 0.50 - a consistent structural relationship.
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Return for Risk
AGGG.L vs. SGSU.L — Risk / Return Rank
AGGG.L
SGSU.L
AGGG.L vs. SGSU.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core Global Aggregate Bond UCITS ETF USD (Dist) (AGGG.L) and iShares $ Corp Bond 0-3yr ESG SRI UCITS ETF GBP Hedged (Dist) (SGSU.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.
| AGGG.L | SGSU.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 | 1.01 | 1.11 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.04 | 0.95 | -0.91 |
| Martin ratioReturn relative to average drawdown | 0.10 | 2.04 | -1.95 |
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Drawdowns
AGGG.L vs. SGSU.L - Drawdown Comparison
The maximum AGGG.L drawdown since its inception was -26.00%, smaller than the maximum SGSU.L drawdown of -28.07%. Use the drawdown chart below to compare losses from any high point for AGGG.L and SGSU.L.
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Drawdown Indicators
| AGGG.L | SGSU.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.00% | -28.07% | +2.07% |
Max Drawdown (1Y)Largest decline over 1 year | -3.56% | -4.74% | +1.18% |
Max Drawdown (3Y)Largest decline over 3 years | -7.32% | -8.87% | +1.55% |
Max Drawdown (5Y)Largest decline over 5 years | -24.36% | -26.65% | +2.29% |
Current DrawdownCurrent decline from peak | -12.99% | -1.21% | -11.78% |
Average DrawdownAverage peak-to-trough decline | -9.57% | -6.69% | -2.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.59% | 2.22% | -0.63% |
Volatility
AGGG.L vs. SGSU.L - Volatility Comparison
The current volatility for iShares Core Global Aggregate Bond UCITS ETF USD (Dist) (AGGG.L) is 1.27%, while iShares $ Corp Bond 0-3yr ESG SRI UCITS ETF GBP Hedged (Dist) (SGSU.L) has a volatility of 1.89%. This indicates that AGGG.L experiences smaller price fluctuations and is considered to be less risky than SGSU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AGGG.L | SGSU.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.27% | 1.89% | -0.62% |
Volatility (6M)Calculated over the trailing 6-month period | 4.61% | 5.46% | -0.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.55% | 7.25% | -1.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.02% | 9.23% | -2.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.43% | 9.90% | -3.47% |
AGGG.L vs. SGSU.L - Expense Ratio Comparison
AGGG.L has a 0.10% expense ratio, which is lower than SGSU.L's 0.17% 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
AGGG.L vs. SGSU.L - Dividend Comparison
AGGG.L's dividend yield for the trailing twelve months is around 1.53%, less than SGSU.L's 4.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
AGGG.L iShares Core Global Aggregate Bond UCITS ETF USD (Dist) | 1.53% | 2.97% | 2.74% | 2.01% | 1.55% | 1.33% | 1.46% | 1.62% | 0.96% |
SGSU.L iShares $ Corp Bond 0-3yr ESG SRI UCITS ETF GBP Hedged (Dist) | 4.46% | 4.60% | 4.62% | 3.98% | 1.67% | 0.79% | 3.43% | 0.00% | 0.00% |
Frequently Asked Questions
AGGG.L and SGSU.L have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AGGG.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AGGG.L is cheaper with a 0.10% expense ratio, compared with 0.17% for SGSU.L.
AGGG.L tracks Bloomberg Global Aggregate Bond Index, while SGSU.L tracks iShares $ Corp Bond 0-3yr ESG SRI UCITS ETF GBP Hedged (Dist). Their fees differ too: 0.10% for AGGG.L and 0.17% for SGSU.L.
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