CE71.L vs. GIL5.L
CE71.L (iShares Euro Government Bond 3-7yr UCITS ETF (Acc)) and GIL5.L (Lyxor UK Government Bond 0-5Y (DR) UCITS ETF - Dist) are both European Government Bonds funds - CE71.L tracks the Bloomberg Euro Agg Govt TR EUR while GIL5.L tracks the FTSE Act UK Cnvt Gilts All Stocks TR GBP. Both are passively managed. Over the past 5 years, CE71.L returned -0.59%/yr vs 1.23%/yr for GIL5.L. At a 0.32 correlation, their price movements are largely independent. CE71.L charges 0.15%/yr vs 0.05%/yr for GIL5.L.
Performance
CE71.L vs. GIL5.L - Performance Comparison
Loading charts...
Different Trading Currencies
CE71.L is traded in GBp, while GIL5.L is traded in GBP. To make them comparable, the GIL5.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, CE71.L achieves a -1.29% return, which is significantly lower than GIL5.L's 0.31% return.
CE71.L
- 1D
- -0.27%
- 1M
- 0.37%
- YTD
- -1.29%
- 6M
- -1.45%
- 1Y
- 2.86%
- 3Y*
- 2.87%
- 5Y*
- -0.59%
- 10Y*
- 1.34%
GIL5.L
- 1D
- -0.11%
- 1M
- 0.34%
- YTD
- 0.31%
- 6M
- 0.58%
- 1Y
- 2.88%
- 3Y*
- 4.08%
- 5Y*
- 1.23%
- 10Y*
- —
CE71.L vs. GIL5.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CE71.L iShares Euro Government Bond 3-7yr UCITS ETF (Acc) | -1.29% | 7.79% | -2.51% | 3.91% | -7.07% | -8.68% | 8.08% | -2.38% | 0.86% | 6.21% |
GIL5.L Lyxor UK Government Bond 0-5Y (DR) UCITS ETF - Dist | 0.31% | 5.12% | 2.49% | 4.05% | -4.53% | -1.87% | 1.64% | 1.03% | 0.23% | -0.33% |
Correlation
The correlation between CE71.L and GIL5.L is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Aug 8, 2016 | 0.32 |
The correlation between CE71.L and GIL5.L shifts across timeframes, from 0.32 (all time) to 0.45 (5 years), reflecting how their relationship changes across market environments.
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
CE71.L vs. GIL5.L — Risk / Return Rank
CE71.L
GIL5.L
CE71.L vs. GIL5.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Euro Government Bond 3-7yr UCITS ETF (Acc) (CE71.L) and Lyxor UK Government Bond 0-5Y (DR) UCITS ETF - Dist (GIL5.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.
| CE71.L | GIL5.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.83 | ||
| Sortino ratioReturn per unit of downside risk | -1.17 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.27 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 0.68 | 1.50 | -0.82 |
| Martin ratioReturn relative to average drawdown | 1.62 | 5.00 | -3.37 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| CE71.L | GIL5.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.59 | 1.42 | -0.83 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.10 | 0.47 | -0.57 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.22 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.19 | 0.36 | -0.17 |
Drawdowns
CE71.L vs. GIL5.L - Drawdown Comparison
The maximum CE71.L drawdown since its inception was -19.41%, which is greater than GIL5.L's maximum drawdown of -9.42%. Use the drawdown chart below to compare losses from any high point for CE71.L and GIL5.L.
Loading charts...
Drawdown Indicators
| CE71.L | GIL5.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.41% | -9.42% | -9.99% |
Max Drawdown (1Y)Largest decline over 1 year | -4.18% | -1.91% | -2.27% |
Max Drawdown (3Y)Largest decline over 3 years | -5.12% | -1.91% | -3.21% |
Max Drawdown (5Y)Largest decline over 5 years | -14.10% | -8.75% | -5.35% |
Max Drawdown (10Y)Largest decline over 10 years | -19.41% | — | — |
Current DrawdownCurrent decline from peak | -9.97% | -0.78% | -9.19% |
Average DrawdownAverage peak-to-trough decline | -10.39% | -1.61% | -8.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.76% | 0.58% | +1.18% |
Volatility
CE71.L vs. GIL5.L - Volatility Comparison
iShares Euro Government Bond 3-7yr UCITS ETF (Acc) (CE71.L) has a higher volatility of 1.52% compared to Lyxor UK Government Bond 0-5Y (DR) UCITS ETF - Dist (GIL5.L) at 0.60%. This indicates that CE71.L's price experiences larger fluctuations and is considered to be riskier than GIL5.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CE71.L | GIL5.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.52% | 0.60% | +0.92% |
Volatility (6M)Calculated over the trailing 6-month period | 3.66% | 1.71% | +1.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.83% | 2.02% | +2.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.36% | 2.60% | +3.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.25% | 2.13% | +7.12% |
CE71.L vs. GIL5.L - Expense Ratio Comparison
CE71.L has a 0.15% expense ratio, which is higher than GIL5.L's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
CE71.L vs. GIL5.L - Dividend Comparison
CE71.L has not paid dividends to shareholders, while GIL5.L's dividend yield for the trailing twelve months is around 2.34%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
CE71.L iShares Euro Government Bond 3-7yr UCITS ETF (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GIL5.L Lyxor UK Government Bond 0-5Y (DR) UCITS ETF - Dist | 2.34% | 2.34% | 1.94% | 1.36% | 1.39% | 1.60% | 2.26% | 2.70% | 2.92% | 3.17% | 1.56% |
Frequently Asked Questions
CE71.L and GIL5.L have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GIL5.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GIL5.L is cheaper with a 0.05% expense ratio, compared with 0.15% for CE71.L.
CE71.L tracks Bloomberg Euro Agg Govt TR EUR, while GIL5.L tracks FTSE Act UK Cnvt Gilts All Stocks TR GBP. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.15% for CE71.L and 0.05% for GIL5.L.
Find the right allocation for CE71.L and GIL5.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