FLRG.L vs. SGSU.L
FLRG.L (Franklin Sustainable Euro Green Bond UCITS ETF EUR (Acc)) and SGSU.L (iShares $ Corp Bond 0-3yr ESG SRI UCITS ETF GBP Hedged (Dist)) are both Global Bonds funds - FLRG.L tracks the Franklin Sustainable Euro Green Bond UCITS ETF EUR (Acc) while SGSU.L tracks the iShares $ Corp Bond 0-3yr ESG SRI UCITS ETF GBP Hedged (Dist). Both are passively managed. Over the past 5 years, FLRG.L returned -2.18%/yr vs 2.78%/yr for SGSU.L. At a 0.20 correlation, their price movements are largely independent. FLRG.L charges 0.25%/yr vs 0.17%/yr for SGSU.L.
Performance
FLRG.L vs. SGSU.L - Performance Comparison
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Different Trading Currencies
FLRG.L is traded in EUR, while SGSU.L is traded in GBP. To make them comparable, the SGSU.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, FLRG.L achieves a 0.63% return, which is significantly lower than SGSU.L's 4.50% return.
FLRG.L
- 1D
- -0.04%
- 1M
- -0.46%
- 6M
- 0.08%
- YTD
- 0.63%
- 1Y
- 1.35%
- 3Y*
- 3.27%
- 5Y*
- -2.18%
- 10Y*
- —
SGSU.L
- 1D
- 0.00%
- 1M
- 2.16%
- 6M
- 3.51%
- YTD
- 4.50%
- 1Y
- 6.02%
- 3Y*
- 5.38%
- 5Y*
- 2.78%
- 10Y*
- —
FLRG.L vs. SGSU.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FLRG.L Franklin Sustainable Euro Green Bond UCITS ETF EUR (Acc) | 0.63% | 0.59% | 2.78% | 7.71% | -18.99% | -3.01% | 5.46% | 0.47% |
SGSU.L iShares $ Corp Bond 0-3yr ESG SRI UCITS ETF GBP Hedged (Dist) | 4.50% | -0.36% | 10.24% | 6.50% | -7.68% | 6.05% | -3.13% | 6.81% |
Correlation
The correlation between FLRG.L and SGSU.L is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2019 | 0.20 |
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Return for Risk
FLRG.L vs. SGSU.L — Risk / Return Rank
FLRG.L
SGSU.L
FLRG.L vs. SGSU.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Sustainable Euro Green Bond UCITS ETF EUR (Acc) (FLRG.L) and iShares $ Corp Bond 0-3yr ESG SRI UCITS ETF GBP Hedged (Dist) (SGSU.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.
| FLRG.L | SGSU.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.00 | ||
| Sortino ratioReturn per unit of downside risk | -1.49 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.26 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.58 | 3.49 | -2.91 |
| Martin ratioReturn relative to average drawdown | 1.62 | 10.07 | -8.45 |
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Drawdowns
FLRG.L vs. SGSU.L - Drawdown Comparison
The maximum FLRG.L drawdown since its inception was -23.17%, which is greater than SGSU.L's maximum drawdown of -17.44%. Use the drawdown chart below to compare losses from any high point for FLRG.L and SGSU.L.
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Drawdown Indicators
| FLRG.L | SGSU.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.17% | -17.44% | -5.73% |
Max Drawdown (1Y)Largest decline over 1 year | -2.48% | -1.73% | -0.75% |
Max Drawdown (3Y)Largest decline over 3 years | -3.41% | -5.03% | +1.62% |
Max Drawdown (5Y)Largest decline over 5 years | -22.63% | -10.64% | -11.99% |
Current DrawdownCurrent decline from peak | -12.19% | 0.00% | -12.19% |
Average DrawdownAverage peak-to-trough decline | -10.42% | -2.84% | -7.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.89% | 0.60% | +0.29% |
Volatility
FLRG.L vs. SGSU.L - Volatility Comparison
The current volatility for Franklin Sustainable Euro Green Bond UCITS ETF EUR (Acc) (FLRG.L) is 1.02%, while iShares $ Corp Bond 0-3yr ESG SRI UCITS ETF GBP Hedged (Dist) (SGSU.L) has a volatility of 1.18%. This indicates that FLRG.L experiences smaller price fluctuations and is considered to be less risky than SGSU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLRG.L | SGSU.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.02% | 1.18% | -0.16% |
Volatility (6M)Calculated over the trailing 6-month period | 2.98% | 2.91% | +0.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.61% | 4.31% | -0.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.37% | 5.94% | -0.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.99% | 7.20% | -2.21% |
FLRG.L vs. SGSU.L - Expense Ratio Comparison
FLRG.L has a 0.25% expense ratio, which is higher than SGSU.L's 0.17% 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
FLRG.L vs. SGSU.L - Dividend Comparison
FLRG.L has not paid dividends to shareholders, while SGSU.L's dividend yield for the trailing twelve months is around 4.46%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
FLRG.L Franklin Sustainable Euro Green Bond UCITS ETF EUR (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SGSU.L iShares $ Corp Bond 0-3yr ESG SRI UCITS ETF GBP Hedged (Dist) | 4.46% | 4.60% | 4.62% | 3.98% | 1.67% | 0.79% | 3.43% |
Frequently Asked Questions
FLRG.L and SGSU.L have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SGSU.L is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SGSU.L is cheaper with a 0.17% expense ratio, compared with 0.25% for FLRG.L.
FLRG.L tracks Franklin Sustainable Euro Green Bond UCITS ETF EUR (Acc), while SGSU.L tracks iShares $ Corp Bond 0-3yr ESG SRI UCITS ETF GBP Hedged (Dist). They also come from different issuers: Franklin and iShares. Their fees differ too: 0.25% for FLRG.L and 0.17% for SGSU.L.
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