GBDV.L vs. IDIN.L
GBDV.L (SPDR S&P Global Dividend Aristocrats UCITS) and IDIN.L (iShares Global Infrastructure UCITS ETF USD (Dist)) are both exchange-traded funds - GBDV.L is a Global Equities fund tracking the S&P Global Dividend Aristocrats index, while IDIN.L is a Mid Cap Value Equities fund tracking the FTSE Global Core Infrastructure Index (USD). Both are passively managed. Over the past 10 years, GBDV.L returned 6.46%/yr vs 6.98%/yr for IDIN.L. A 0.70 correlation means they provide meaningful diversification when combined. GBDV.L charges 0.45%/yr vs 0.65%/yr for IDIN.L.
Performance
GBDV.L vs. IDIN.L - Performance Comparison
Loading charts...
Different Trading Currencies
GBDV.L is traded in GBP, while IDIN.L is traded in USD. To make them comparable, the IDIN.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, GBDV.L achieves a 12.11% return, which is significantly lower than IDIN.L's 14.05% return. Over the past 10 years, GBDV.L has underperformed IDIN.L with an annualized return of 6.46%, while IDIN.L has yielded a comparatively higher 6.98% annualized return.
GBDV.L
- 1D
- 0.27%
- 1M
- 3.68%
- 6M
- 8.12%
- YTD
- 12.11%
- 1Y
- 18.64%
- 3Y*
- 13.81%
- 5Y*
- 8.02%
- 10Y*
- 6.46%
IDIN.L
- 1D
- 0.89%
- 1M
- 2.30%
- 6M
- 11.95%
- YTD
- 14.05%
- 1Y
- 18.67%
- 3Y*
- 11.36%
- 5Y*
- 7.32%
- 10Y*
- 6.98%
GBDV.L vs. IDIN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GBDV.L SPDR S&P Global Dividend Aristocrats UCITS | 12.11% | 9.25% | 8.98% | 1.23% | 4.57% | 16.69% | -12.13% | 15.83% | -3.84% | 8.16% |
IDIN.L iShares Global Infrastructure UCITS ETF USD (Dist) | 14.05% | 4.93% | 10.69% | -5.02% | 5.26% | 18.27% | -4.84% | 19.26% | 3.77% | 4.93% |
Correlation
The correlation between GBDV.L and IDIN.L is 0.53, 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 | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.65 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since May 14, 2013 | 0.70 |
The correlation between GBDV.L and IDIN.L shifts across timeframes, from 0.53 (1 year) to 0.70 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GBDV.L vs. IDIN.L — Risk / Return Rank
GBDV.L
IDIN.L
GBDV.L vs. IDIN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Global Dividend Aristocrats UCITS (GBDV.L) and iShares Global Infrastructure UCITS ETF USD (Dist) (IDIN.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.
| GBDV.L | IDIN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.55 | ||
| Sortino ratioReturn per unit of downside risk | +0.69 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.28 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 3.06 | 3.73 | -0.67 |
| Martin ratioReturn relative to average drawdown | 9.50 | 8.41 | +1.08 |
Loading charts...
Drawdowns
GBDV.L vs. IDIN.L - Drawdown Comparison
The maximum GBDV.L drawdown since its inception was -40.46%, which is greater than IDIN.L's maximum drawdown of -36.86%. Use the drawdown chart below to compare losses from any high point for GBDV.L and IDIN.L.
Loading charts...
Drawdown Indicators
| GBDV.L | IDIN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.46% | -36.86% | -3.60% |
Max Drawdown (1Y)Largest decline over 1 year | -6.06% | -4.98% | -1.08% |
Max Drawdown (3Y)Largest decline over 3 years | -13.57% | -11.31% | -2.26% |
Max Drawdown (5Y)Largest decline over 5 years | -16.18% | -23.50% | +7.32% |
Max Drawdown (10Y)Largest decline over 10 years | -34.77% | -27.06% | -7.71% |
Current DrawdownCurrent decline from peak | 0.00% | -0.04% | +0.04% |
Average DrawdownAverage peak-to-trough decline | -11.54% | -7.25% | -4.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.96% | 2.21% | -0.25% |
Volatility
GBDV.L vs. IDIN.L - Volatility Comparison
The current volatility for SPDR S&P Global Dividend Aristocrats UCITS (GBDV.L) is 2.59%, while iShares Global Infrastructure UCITS ETF USD (Dist) (IDIN.L) has a volatility of 3.41%. This indicates that GBDV.L experiences smaller price fluctuations and is considered to be less risky than IDIN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GBDV.L | IDIN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.59% | 3.41% | -0.82% |
Volatility (6M)Calculated over the trailing 6-month period | 6.66% | 9.64% | -2.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.69% | 11.69% | -3.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.74% | 13.10% | -1.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.05% | 14.46% | -0.41% |
GBDV.L vs. IDIN.L - Expense Ratio Comparison
GBDV.L has a 0.45% expense ratio, which is lower than IDIN.L's 0.65% expense ratio.
Dividends
GBDV.L vs. IDIN.L - Dividend Comparison
GBDV.L's dividend yield for the trailing twelve months is around 3.72%, more than IDIN.L's 2.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GBDV.L SPDR S&P Global Dividend Aristocrats UCITS | 3.72% | 4.21% | 3.80% | 4.25% | 4.26% | 3.68% | 3.91% | 3.60% | 3.87% | 3.28% | 3.49% | 3.73% |
IDIN.L iShares Global Infrastructure UCITS ETF USD (Dist) | 2.01% | 2.20% | 2.36% | 2.37% | 2.11% | 1.93% | 2.08% | 2.05% | 2.34% | 2.60% | 2.80% | 3.20% |
Frequently Asked Questions
GBDV.L and IDIN.L have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GBDV.L is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GBDV.L is cheaper with a 0.45% expense ratio, compared with 0.65% for IDIN.L.
GBDV.L is categorized as Global Equities, while IDIN.L is Mid Cap Value Equities. GBDV.L tracks S&P Global Dividend Aristocrats index, while IDIN.L tracks FTSE Global Core Infrastructure Index (USD). They also come from different issuers: State Street and iShares. Their fees differ too: 0.45% for GBDV.L and 0.65% for IDIN.L.
Find the right allocation for GBDV.L and IDIN.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer