EGOG.L vs. XGSI.L

Last updated Apr 2, 2026

Compare and contrast key facts about UBS ETF (LU) J.P. Morgan Global Government ESG Liquid Bond UCITS ETF (hedged to GBP) A-dis (EGOG.L) and Xtrackers Global Government Bond UCITS ETF 3C USD hedged (XGSI.L).

EGOG.L and XGSI.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EGOG.L is a passively managed fund by UBS that tracks the performance of the Bloomberg Global Aggregate TR Hdg GBP. It was launched on Oct 14, 2020. XGSI.L is a passively managed fund by DWS that tracks the performance of the Bloomberg Global Aggregate TR Hdg USD. It was launched on Apr 18, 2017. Both EGOG.L and XGSI.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

EGOG.L vs. XGSI.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in UBS ETF (LU) J.P. Morgan Global Government ESG Liquid Bond UCITS ETF (hedged to GBP) A-dis (EGOG.L) and Xtrackers Global Government Bond UCITS ETF 3C USD hedged (XGSI.L). The values are adjusted to include any dividend payments, if applicable.

EGOG.L vs. XGSI.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
EGOG.L UBS ETF (LU) J.P. Morgan Global Government ESG Liquid Bond UCITS ETF (hedged to GBP) A-dis	-0.15%	3.06%	2.00%	3.46%	-13.02%	-1.80%	-0.02%
XGSI.L Xtrackers Global Government Bond UCITS ETF 3C USD hedged	1.29%	-3.42%	3.01%	0.55%	-3.00%	-1.56%	-3.81%

Different Trading Currencies

EGOG.L is traded in GBp, while XGSI.L is traded in USD. To make them comparable, the XGSI.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 -0.15% return, which is significantly lower than XGSI.L's 1.29% return.

EGOG.L

• 1D: 0.20%
• 1M: -1.66%
• YTD: -0.15%
• 6M: 0.54%
• 1Y: 2.41%
• 3Y*: 2.07%
• 5Y*: -0.87%
• 10Y*: —

XGSI.L

• 1D: -0.02%
• 1M: -0.42%
• YTD: 1.29%
• 6M: 2.98%
• 1Y: -0.22%
• 3Y*: 0.12%
• 5Y*: 0.18%
• 10Y*: —

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

EGOG.L vs. XGSI.L - Expense Ratio Comparison

EGOG.L has a 0.20% expense ratio, which is lower than XGSI.L's 0.25% 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%.

XGSI.L

Xtrackers Global Government Bond UCITS ETF 3C USD hedged

EGOG.L

UBS ETF (LU) J.P. Morgan Global Government ESG Liquid Bond UCITS ETF (hedged to GBP) A-dis

Return for Risk

EGOG.L vs. XGSI.L — Risk / Return Rank

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

EGOG.L

EGOG.L Risk / Return Rank: 56
EGOG.L Sharpe Ratio Rank: 53
EGOG.L Sortino Ratio Rank: 51
EGOG.L Omega Ratio Rank: 42
EGOG.L Calmar Ratio Rank: 72
EGOG.L Martin Ratio Rank: 61

XGSI.L

XGSI.L Risk / Return Rank: 26
XGSI.L Sharpe Ratio Rank: 26
XGSI.L Sortino Ratio Rank: 24
XGSI.L Omega Ratio Rank: 23
XGSI.L Calmar Ratio Rank: 31
XGSI.L Martin Ratio Rank: 28

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.

EGOG.L vs. XGSI.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 Xtrackers Global Government Bond UCITS ETF 3C USD hedged (XGSI.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	XGSI.L	Difference
Sharpe ratio Return per unit of total volatility	1.02	-0.03	+1.05
Sortino ratio Return per unit of downside risk	1.46	0.01	+1.45
Omega ratio Gain probability vs. loss probability	1.18	1.00	+0.18
Calmar ratio Return relative to maximum drawdown	2.17	0.06	+2.11
Martin ratio Return relative to average drawdown	6.87	0.09	+6.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EGOG.L vs. XGSI.L - Sharpe Ratio Comparison

The current EGOG.L Sharpe Ratio is 1.02, which is higher than the XGSI.L Sharpe Ratio of -0.03. The chart below compares the historical Sharpe Ratios of EGOG.L and XGSI.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EGOG.L	XGSI.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.02	-0.03	+1.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.32	0.02	-0.34
Sharpe Ratio (All Time) Calculated using the full available price history	-0.52	0.07	-0.59

Correlation

The correlation between EGOG.L and XGSI.L is 0.06, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

EGOG.L vs. XGSI.L - Dividend Comparison

EGOG.L's dividend yield for the trailing twelve months is around 2.71%, while XGSI.L has not paid dividends to shareholders.

	TTM	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	2.71%	2.91%	2.30%	1.44%	0.44%	0.17%
XGSI.L Xtrackers Global Government Bond UCITS ETF 3C USD hedged	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

EGOG.L vs. XGSI.L - Drawdown Comparison

The maximum EGOG.L drawdown since its inception was -16.69%, smaller than the maximum XGSI.L drawdown of -22.36%. Use the drawdown chart below to compare losses from any high point for EGOG.L and XGSI.L.

Drawdown Indicators

	EGOG.L	XGSI.L	Difference
Max Drawdown Largest peak-to-trough decline	-16.69%	-17.29%	+0.60%
Max Drawdown (1Y) Largest decline over 1 year	-2.60%	-2.64%	+0.04%
Max Drawdown (5Y) Largest decline over 5 years	-15.73%	-16.39%	+0.66%
Current Drawdown Current decline from peak	-7.42%	-6.48%	-0.94%
Average Drawdown Average peak-to-trough decline	-8.33%	-5.67%	-2.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.10%	0.93%	+0.17%

Volatility

EGOG.L vs. XGSI.L - Volatility Comparison

The current volatility for UBS ETF (LU) J.P. Morgan Global Government ESG Liquid Bond UCITS ETF (hedged to GBP) A-dis (EGOG.L) is 1.23%, while Xtrackers Global Government Bond UCITS ETF 3C USD hedged (XGSI.L) has a volatility of 2.67%. This indicates that EGOG.L experiences smaller price fluctuations and is considered to be less risky than XGSI.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EGOG.L	XGSI.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.23%	2.67%	-1.44%
Volatility (6M) Calculated over the trailing 6-month period	2.69%	5.23%	-2.54%
Volatility (1Y) Calculated over the trailing 1-year period	4.19%	7.70%	-3.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.87%	9.06%	-0.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.93%	9.32%	-0.39%