GBPC.L vs. GLGG.L
Compare and contrast key facts about L&G ESG GBP Corporate Bond UCITS ETF (GBPC.L) and L&G Clean Water UCITS ETF (GLGG.L).
GBPC.L and GLGG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GBPC.L is a passively managed fund by Legal & General that tracks the performance of the Markit iBoxx GBP NonGilts TR. It was launched on Dec 3, 2020. GLGG.L is a passively managed fund by Legal & General that tracks the performance of the S&P Global Water TR. It was launched on Jun 26, 2019. Both GBPC.L and GLGG.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
GBPC.L vs. GLGG.L - Performance Comparison
Loading graphics...
GBPC.L vs. GLGG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
GBPC.L L&G ESG GBP Corporate Bond UCITS ETF | -1.20% | 6.83% | 2.78% | 8.45% | -17.18% | -2.43% | -0.23% |
GLGG.L L&G Clean Water UCITS ETF | 2.96% | 7.81% | 5.74% | 14.58% | -7.49% | 27.84% | 0.35% |
Returns By Period
In the year-to-date period, GBPC.L achieves a -1.20% return, which is significantly lower than GLGG.L's 2.96% return.
GBPC.L
- 1D
- 0.76%
- 1M
- -2.02%
- YTD
- -1.20%
- 6M
- 0.97%
- 1Y
- 5.17%
- 3Y*
- 5.07%
- 5Y*
- -0.32%
- 10Y*
- —
GLGG.L
- 1D
- 2.64%
- 1M
- -6.91%
- YTD
- 2.96%
- 6M
- 2.15%
- 1Y
- 14.32%
- 3Y*
- 9.34%
- 5Y*
- 7.93%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GBPC.L vs. GLGG.L - Expense Ratio Comparison
GBPC.L has a 0.09% expense ratio, which is lower than GLGG.L's 0.49% expense ratio.
Return for Risk
GBPC.L vs. GLGG.L — Risk / Return Rank
GBPC.L
GLGG.L
GBPC.L vs. GLGG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G ESG GBP Corporate Bond UCITS ETF (GBPC.L) and L&G Clean Water UCITS ETF (GLGG.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.
| GBPC.L | GLGG.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.86 | 0.93 | -0.07 |
Sortino ratioReturn per unit of downside risk | 1.22 | 1.32 | -0.10 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.18 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.34 | 1.19 | +0.15 |
Martin ratioReturn relative to average drawdown | 5.67 | 4.11 | +1.57 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| GBPC.L | GLGG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.86 | 0.93 | -0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.05 | 0.53 | -0.58 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.15 | 0.60 | -0.75 |
Correlation
The correlation between GBPC.L and GLGG.L is 0.19, 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
GBPC.L vs. GLGG.L - Dividend Comparison
GBPC.L's dividend yield for the trailing twelve months is around 5.21%, while GLGG.L has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
GBPC.L L&G ESG GBP Corporate Bond UCITS ETF | 5.21% | 5.00% | 4.86% | 3.58% | 2.16% | 0.87% |
GLGG.L L&G Clean Water UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GBPC.L vs. GLGG.L - Drawdown Comparison
The maximum GBPC.L drawdown since its inception was -28.18%, roughly equal to the maximum GLGG.L drawdown of -27.08%. Use the drawdown chart below to compare losses from any high point for GBPC.L and GLGG.L.
Loading graphics...
Drawdown Indicators
| GBPC.L | GLGG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.18% | -27.08% | -1.10% |
Max Drawdown (1Y)Largest decline over 1 year | -3.91% | -11.62% | +7.71% |
Max Drawdown (5Y)Largest decline over 5 years | -27.49% | -18.82% | -8.67% |
Current DrawdownCurrent decline from peak | -5.79% | -7.71% | +1.92% |
Average DrawdownAverage peak-to-trough decline | -11.68% | -5.06% | -6.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.92% | 3.36% | -2.44% |
Volatility
GBPC.L vs. GLGG.L - Volatility Comparison
The current volatility for L&G ESG GBP Corporate Bond UCITS ETF (GBPC.L) is 2.59%, while L&G Clean Water UCITS ETF (GLGG.L) has a volatility of 6.50%. This indicates that GBPC.L experiences smaller price fluctuations and is considered to be less risky than GLGG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| GBPC.L | GLGG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.59% | 6.50% | -3.91% |
Volatility (6M)Calculated over the trailing 6-month period | 3.66% | 10.38% | -6.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.97% | 15.32% | -9.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.04% | 14.95% | -6.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.08% | 17.72% | -9.64% |