CSH2.L vs. GILI.L
CSH2.L (Lyxor Smart Overnight Return UCITS ETF C-GBP) and GILI.L (Lyxor Core UK Government Inflation-Linked UCITS ETF - Dist) are both exchange-traded funds - CSH2.L is a Money Market fund actively managed by Amundi, while GILI.L is a Inflation-Protected Bonds fund tracking the FTSE Actuaries UK Index-Linked Gilts All Stocks. CSH2.L is actively managed, while GILI.L is passively managed. Over the past 10 years, CSH2.L returned 2.08%/yr vs -1.06%/yr for GILI.L. At a correlation of -0.00, they often move in opposite directions. Both charge a 0.07% expense ratio.
Performance
CSH2.L vs. GILI.L - Performance Comparison
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Returns By Period
In the year-to-date period, CSH2.L achieves a 1.83% return, which is significantly higher than GILI.L's 0.38% return. Over the past 10 years, CSH2.L has outperformed GILI.L with an annualized return of 2.08%, while GILI.L has yielded a comparatively lower -1.06% annualized return.
CSH2.L
- 1D
- 0.00%
- 1M
- 0.32%
- YTD
- 1.83%
- 6M
- 2.08%
- 1Y
- 4.35%
- 3Y*
- 5.00%
- 5Y*
- 3.68%
- 10Y*
- 2.08%
GILI.L
- 1D
- 0.31%
- 1M
- 0.41%
- YTD
- 0.38%
- 6M
- 0.65%
- 1Y
- 2.47%
- 3Y*
- -0.24%
- 5Y*
- -8.03%
- 10Y*
- -1.06%
CSH2.L vs. GILI.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CSH2.L Lyxor Smart Overnight Return UCITS ETF C-GBP | 1.83% | 4.67% | 5.61% | 4.72% | 1.54% | 0.13% | 0.30% | 0.82% | 0.70% | 0.42% |
GILI.L Lyxor Core UK Government Inflation-Linked UCITS ETF - Dist | 0.38% | 1.92% | -8.80% | 0.74% | -33.55% | 4.19% | 10.82% | 6.38% | -0.39% | 2.29% |
Correlation
The correlation between CSH2.L and GILI.L is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.02 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since May 29, 2015 | -0.00 |
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Return for Risk
CSH2.L vs. GILI.L — Risk / Return Rank
CSH2.L
GILI.L
CSH2.L vs. GILI.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor Smart Overnight Return UCITS ETF C-GBP (CSH2.L) and Lyxor Core UK Government Inflation-Linked UCITS ETF - Dist (GILI.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.
| CSH2.L | GILI.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +7.95 | ||
| Sortino ratioReturn per unit of downside risk | +14.92 | ||
| Omega ratioGain probability vs. loss probability | 4.50 | 1.04 | +3.46 |
| Calmar ratioReturn relative to maximum drawdown | 27.58 | 0.29 | +27.29 |
| Martin ratioReturn relative to average drawdown | 161.52 | 0.63 | +160.89 |
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Drawdowns
CSH2.L vs. GILI.L - Drawdown Comparison
The maximum CSH2.L drawdown since its inception was -0.37%, smaller than the maximum GILI.L drawdown of -49.11%. Use the drawdown chart below to compare losses from any high point for CSH2.L and GILI.L.
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Drawdown Indicators
| CSH2.L | GILI.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.37% | -49.11% | +48.74% |
Max Drawdown (1Y)Largest decline over 1 year | -0.16% | -6.25% | +6.09% |
Max Drawdown (3Y)Largest decline over 3 years | -0.29% | -14.26% | +13.97% |
Max Drawdown (5Y)Largest decline over 5 years | -0.29% | -49.11% | +48.82% |
Max Drawdown (10Y)Largest decline over 10 years | -0.37% | -49.11% | +48.74% |
Current DrawdownCurrent decline from peak | 0.00% | -41.41% | +41.41% |
Average DrawdownAverage peak-to-trough decline | -0.00% | -13.42% | +13.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.03% | 2.90% | -2.87% |
Volatility
CSH2.L vs. GILI.L - Volatility Comparison
The current volatility for Lyxor Smart Overnight Return UCITS ETF C-GBP (CSH2.L) is 0.08%, while Lyxor Core UK Government Inflation-Linked UCITS ETF - Dist (GILI.L) has a volatility of 3.25%. This indicates that CSH2.L experiences smaller price fluctuations and is considered to be less risky than GILI.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CSH2.L | GILI.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.08% | 3.25% | -3.17% |
Volatility (6M)Calculated over the trailing 6-month period | 0.24% | 6.46% | -6.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.53% | 8.71% | -8.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.56% | 18.71% | -18.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.44% | 16.45% | -16.01% |
CSH2.L vs. GILI.L - Expense Ratio Comparison
Both CSH2.L and GILI.L have an expense ratio of 0.07%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
CSH2.L vs. GILI.L - Dividend Comparison
CSH2.L has not paid dividends to shareholders, while GILI.L's dividend yield for the trailing twelve months is around 0.68%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
CSH2.L Lyxor Smart Overnight Return UCITS ETF C-GBP | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GILI.L Lyxor Core UK Government Inflation-Linked UCITS ETF - Dist | 0.68% | 0.68% | 0.65% | 0.50% | 0.46% | 0.29% | 0.28% | 0.33% | 0.35% | 0.38% | 0.79% |
Frequently Asked Questions
CSH2.L and GILI.L have a correlation of 0.02, 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 0.07% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
CSH2.L and GILI.L have the same expense ratio: 0.07% per year.
CSH2.L is categorized as Money Market, while GILI.L is Inflation-Protected Bonds. They also come from different issuers: Amundi and Lyxor.
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