EGOG.L vs. AEGG.L
EGOG.L (UBS ETF (LU) J.P. Morgan Global Government ESG Liquid Bond UCITS ETF (hedged to GBP) A-dis) and AEGG.L (iShares Global Aggregate Bond ESG UCITS ETF GBP Hedged (Acc)) are both Global Bonds funds tracking the Bloomberg Global Aggregate TR Hdg GBP, from UBS and iShares respectively. Both are passively managed. Over the past 3 years, EGOG.L returned 2.65%/yr vs 3.84%/yr for AEGG.L. At a 0.34 correlation, their price movements are largely independent. EGOG.L charges 0.20%/yr vs 0.10%/yr for AEGG.L.
Performance
EGOG.L vs. AEGG.L - Performance Comparison
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Different Trading Currencies
EGOG.L is traded in GBp, while AEGG.L is traded in GBP. To make them comparable, the AEGG.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, EGOG.L achieves a -0.03% return, which is significantly lower than AEGG.L's 0.49% return.
EGOG.L
- 1D
- 0.04%
- 1M
- 0.37%
- YTD
- -0.03%
- 6M
- -0.16%
- 1Y
- 1.76%
- 3Y*
- 2.65%
- 5Y*
- -0.75%
- 10Y*
- —
AEGG.L
- 1D
- 0.12%
- 1M
- 0.30%
- YTD
- 0.49%
- 6M
- 0.59%
- 1Y
- 3.19%
- 3Y*
- 3.84%
- 5Y*
- —
- 10Y*
- —
EGOG.L vs. AEGG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
EGOG.L UBS ETF (LU) J.P. Morgan Global Government ESG Liquid Bond UCITS ETF (hedged to GBP) A-dis | -0.03% | 3.06% | 2.00% | 3.46% | -13.02% | 0.31% |
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 EGOG.L and AEGG.L is 0.59, 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 | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Dec 8, 2021 | 0.34 |
Over the past year, EGOG.L and AEGG.L have become more correlated (0.59) than their long-term average of 0.34, meaning their price movements have been converging.
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Return for Risk
EGOG.L vs. AEGG.L — Risk / Return Rank
EGOG.L
AEGG.L
EGOG.L vs. AEGG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) J.P. Morgan Global Government ESG Liquid Bond UCITS ETF (hedged to GBP) A-dis (EGOG.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.
| EGOG.L | AEGG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.28 | ||
| Sortino ratioReturn per unit of downside risk | -0.44 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.18 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.96 | 1.33 | -0.37 |
| Martin ratioReturn relative to average drawdown | 2.28 | 3.82 | -1.55 |
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
| EGOG.L | AEGG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.73 | 1.01 | -0.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.26 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.48 | -0.05 | -0.43 |
Drawdowns
EGOG.L vs. AEGG.L - Drawdown Comparison
The maximum EGOG.L drawdown since its inception was -16.69%, which is greater than AEGG.L's maximum drawdown of -15.75%. Use the drawdown chart below to compare losses from any high point for EGOG.L and AEGG.L.
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Drawdown Indicators
| EGOG.L | AEGG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.69% | -15.75% | -0.94% |
Max Drawdown (1Y)Largest decline over 1 year | -3.05% | -2.38% | -0.67% |
Max Drawdown (3Y)Largest decline over 3 years | -3.48% | -3.72% | +0.24% |
Max Drawdown (5Y)Largest decline over 5 years | -15.73% | — | — |
Current DrawdownCurrent decline from peak | -7.30% | -1.36% | -5.94% |
Average DrawdownAverage peak-to-trough decline | -8.24% | -7.54% | -0.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.22% | 0.83% | +0.39% |
Volatility
EGOG.L vs. AEGG.L - Volatility Comparison
UBS ETF (LU) J.P. Morgan Global Government ESG Liquid Bond UCITS ETF (hedged to GBP) A-dis (EGOG.L) has a higher volatility of 1.57% compared to iShares Global Aggregate Bond ESG UCITS ETF GBP Hedged (Acc) (AEGG.L) at 1.42%. This indicates that EGOG.L's price experiences larger fluctuations and is considered to be riskier than AEGG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EGOG.L | AEGG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.57% | 1.42% | +0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 2.89% | 2.48% | +0.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.00% | 3.13% | +0.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.63% | 4.59% | +4.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.62% | 4.59% | +4.03% |
EGOG.L vs. AEGG.L - Expense Ratio Comparison
EGOG.L has a 0.20% expense ratio, which is higher than AEGG.L's 0.10% 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
EGOG.L vs. AEGG.L - Dividend Comparison
EGOG.L's dividend yield for the trailing twelve months is around 2.71%, while AEGG.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
AEGG.L iShares Global Aggregate Bond ESG UCITS ETF GBP Hedged (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EGOG.L UBS ETF (LU) J.P. Morgan Global Government ESG Liquid Bond UCITS ETF (hedged to GBP) A-dis | 2.71% | 2.91% | 2.30% | 1.44% | 0.44% | 0.17% |
Frequently Asked Questions
EGOG.L and AEGG.L have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AEGG.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AEGG.L is cheaper with a 0.10% expense ratio, compared with 0.20% for EGOG.L.
Both ETFs track Bloomberg Global Aggregate TR Hdg GBP. They also come from different issuers: UBS and iShares. Their fees differ too: 0.20% for EGOG.L and 0.10% for AEGG.L.
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