CLIM.L vs. CRPU.L

Last updated Jun 4, 2026

CLIM.L (Lyxor Green Bond (DR) UCITS ETF - Acc) and CRPU.L (iShares Global Corporate Bond USD Hedged UCITS ETF) are both Global Corporate Bonds funds - CLIM.L tracks the Bloomberg Gbl Agg Corp TR USD while CRPU.L tracks the Bloomberg Gbl Agg Corp 0901 TR Hdg USD. Both are passively managed. Over the past 5 years, CLIM.L returned -1.61%/yr vs 2.01%/yr for CRPU.L. A 0.63 correlation means they provide meaningful diversification when combined. Both charge a 0.25% expense ratio.

Performance

CLIM.L vs. CRPU.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Lyxor Green Bond (DR) UCITS ETF - Acc (CLIM.L) and iShares Global Corporate Bond USD Hedged UCITS ETF (CRPU.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CLIM.L is traded in GBP, while CRPU.L is traded in USD. To make them comparable, the CRPU.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, CLIM.L achieves a -0.98% return, which is significantly lower than CRPU.L's 0.85% return.

CLIM.L

• 1D: -0.33%
• 1M: 0.34%
• YTD: -0.98%
• 6M: -1.22%
• 1Y: 3.09%
• 3Y*: 2.70%
• 5Y*: -1.61%
• 10Y*: —

CRPU.L

• 1D: -0.09%
• 1M: 1.36%
• YTD: 0.85%
• 6M: 0.16%
• 1Y: 5.96%
• 3Y*: 2.92%
• 5Y*: 2.01%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CLIM.L vs. CRPU.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CLIM.L Lyxor Green Bond (DR) UCITS ETF - Acc	-0.98%	5.06%	-1.39%	4.76%	-13.57%	-8.41%	8.92%	3.56%	1.99%	-2.75%
CRPU.L iShares Global Corporate Bond USD Hedged UCITS ETF	0.85%	-1.12%	5.83%	3.21%	-3.89%	-0.21%	4.58%	8.45%	4.43%	-2.78%

Correlation

The correlation between CLIM.L and CRPU.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	0.53
Correlation (5Y) Calculated over the trailing 5-year period	0.57
Correlation (All Time) Calculated using the full available price history since Aug 11, 2017	0.63

Over the past year, the correlation between CLIM.L and CRPU.L has dropped to 0.41 - well below their long-term average of 0.63, suggesting their price drivers have been diverging.

Return for Risk

CLIM.L vs. CRPU.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CLIM.L

CLIM.L Risk / Return Rank: 18
CLIM.L Sharpe Ratio Rank: 19
CLIM.L Sortino Ratio Rank: 18
CLIM.L Omega Ratio Rank: 17
CLIM.L Calmar Ratio Rank: 18
CLIM.L Martin Ratio Rank: 17

CRPU.L

CRPU.L Risk / Return Rank: 38
CRPU.L Sharpe Ratio Rank: 38
CRPU.L Sortino Ratio Rank: 39
CRPU.L Omega Ratio Rank: 36
CRPU.L Calmar Ratio Rank: 38
CRPU.L Martin Ratio Rank: 40

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CLIM.L vs. CRPU.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lyxor Green Bond (DR) UCITS ETF - Acc (CLIM.L) and iShares Global Corporate Bond USD Hedged UCITS ETF (CRPU.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.

	CLIM.L	CRPU.L	Difference
Sharpe ratio: Return per unit of total volatility	0.60	0.90	-0.30
Sortino ratio: Return per unit of downside risk	0.91	1.33	-0.43
Omega ratio: Gain probability vs. loss probability	1.10	1.16	-0.05
Calmar ratio: Return relative to maximum drawdown	0.71	1.14	-0.42
Martin ratio: Return relative to average drawdown	1.61	2.84	-1.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CLIM.L vs. CRPU.L - Sharpe Ratio Comparison

The current CLIM.L Sharpe Ratio is 0.60, which is lower than the CRPU.L Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of CLIM.L and CRPU.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CLIM.L	CRPU.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.60	0.90	-0.30
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.23	0.23	-0.46
Sharpe Ratio (All Time) Calculated using the full available price history	-0.02	0.23	-0.26

Drawdowns

CLIM.L vs. CRPU.L - Drawdown Comparison

The maximum CLIM.L drawdown since its inception was -25.39%, which is greater than CRPU.L's maximum drawdown of -14.19%. Use the drawdown chart below to compare losses from any high point for CLIM.L and CRPU.L.

Drawdown Indicators

	CLIM.L	CRPU.L	Difference
Max Drawdown Largest peak-to-trough decline	-25.39%	-14.19%	-11.20%
Max Drawdown (1Y) Largest decline over 1 year	-4.32%	-5.22%	+0.90%
Max Drawdown (3Y) Largest decline over 3 years	-4.66%	-8.82%	+4.16%
Max Drawdown (5Y) Largest decline over 5 years	-20.11%	-13.82%	-6.29%
Current Drawdown Current decline from peak	-16.84%	-2.48%	-14.36%
Average Drawdown Average peak-to-trough decline	-11.96%	-5.67%	-6.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.92%	2.09%	-0.17%

Volatility

CLIM.L vs. CRPU.L - Volatility Comparison

The current volatility for Lyxor Green Bond (DR) UCITS ETF - Acc (CLIM.L) is 1.70%, while iShares Global Corporate Bond USD Hedged UCITS ETF (CRPU.L) has a volatility of 1.81%. This indicates that CLIM.L experiences smaller price fluctuations and is considered to be less risky than CRPU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CLIM.L	CRPU.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.70%	1.81%	-0.11%
Volatility (6M) Calculated over the trailing 6-month period	3.97%	5.23%	-1.26%
Volatility (1Y) Calculated over the trailing 1-year period	5.10%	6.59%	-1.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.00%	8.83%	-1.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.53%	9.01%	-1.48%

CLIM.L vs. CRPU.L - Expense Ratio Comparison

Both CLIM.L and CRPU.L have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

CLIM.L vs. CRPU.L - Dividend Comparison

Neither CLIM.L nor CRPU.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both CLIM.L and CRPU.L in my portfolio?

CLIM.L and CRPU.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.

Which ETF is better, CLIM.L or CRPU.L?

Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CLIM.L or CRPU.L?

CLIM.L and CRPU.L have the same expense ratio: 0.25% per year.

What is the main difference between CLIM.L and CRPU.L?

CLIM.L tracks Bloomberg Gbl Agg Corp TR USD, while CRPU.L tracks Bloomberg Gbl Agg Corp 0901 TR Hdg USD. They also come from different issuers: Amundi and iShares.