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GBPG.L vs. GLTA.L
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


GBPG.LGLTA.L
YTD Return-0.20%-3.42%
1Y Return3.73%3.26%
3Y Return (Ann)25.51%-9.38%
Sharpe Ratio0.750.21
Sortino Ratio1.090.36
Omega Ratio1.131.04
Calmar Ratio1.010.05
Martin Ratio2.260.48
Ulcer Index1.31%3.45%
Daily Std Dev4.03%7.87%
Max Drawdown-7.18%-36.99%
Current Drawdown-2.57%-30.39%

Correlation

-0.50.00.51.00.9

The correlation between GBPG.L and GLTA.L is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

GBPG.L vs. GLTA.L - Performance Comparison

In the year-to-date period, GBPG.L achieves a -0.20% return, which is significantly higher than GLTA.L's -3.42% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
2.14%
1.21%
GBPG.L
GLTA.L

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GBPG.L vs. GLTA.L - Expense Ratio Comparison

GBPG.L has a 0.07% expense ratio, which is higher than GLTA.L's 0.06% 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%.


GBPG.L
Goldman Sachs Access UK Gilts 1-10 Years UCITS ETF Class GBP (Dist)
Expense ratio chart for GBPG.L: current value at 0.07% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.07%
Expense ratio chart for GLTA.L: current value at 0.06% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.06%

Risk-Adjusted Performance

GBPG.L vs. GLTA.L - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Access UK Gilts 1-10 Years UCITS ETF Class GBP (Dist) (GBPG.L) and Invesco UK Gilts UCITS ETF Acc (GLTA.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.


GBPG.L
Sharpe ratio
The chart of Sharpe ratio for GBPG.L, currently valued at 0.63, compared to the broader market-2.000.002.004.000.63
Sortino ratio
The chart of Sortino ratio for GBPG.L, currently valued at 0.92, compared to the broader market-2.000.002.004.006.008.0010.0012.000.92
Omega ratio
The chart of Omega ratio for GBPG.L, currently valued at 1.11, compared to the broader market1.001.502.002.503.001.11
Calmar ratio
The chart of Calmar ratio for GBPG.L, currently valued at 0.74, compared to the broader market0.005.0010.0015.000.74
Martin ratio
The chart of Martin ratio for GBPG.L, currently valued at 2.00, compared to the broader market0.0020.0040.0060.0080.00100.00120.002.00
GLTA.L
Sharpe ratio
The chart of Sharpe ratio for GLTA.L, currently valued at 0.34, compared to the broader market-2.000.002.004.000.34
Sortino ratio
The chart of Sortino ratio for GLTA.L, currently valued at 0.54, compared to the broader market-2.000.002.004.006.008.0010.0012.000.54
Omega ratio
The chart of Omega ratio for GLTA.L, currently valued at 1.07, compared to the broader market1.001.502.002.503.001.07
Calmar ratio
The chart of Calmar ratio for GLTA.L, currently valued at 0.10, compared to the broader market0.005.0010.0015.000.10
Martin ratio
The chart of Martin ratio for GLTA.L, currently valued at 0.84, compared to the broader market0.0020.0040.0060.0080.00100.00120.000.84

GBPG.L vs. GLTA.L - Sharpe Ratio Comparison

The current GBPG.L Sharpe Ratio is 0.75, which is higher than the GLTA.L Sharpe Ratio of 0.21. The chart below compares the historical Sharpe Ratios of GBPG.L and GLTA.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.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00JuneJulyAugustSeptemberOctoberNovember
0.63
0.34
GBPG.L
GLTA.L

Dividends

GBPG.L vs. GLTA.L - Dividend Comparison

GBPG.L's dividend yield for the trailing twelve months is around 4.12%, while GLTA.L has not paid dividends to shareholders.


TTM20232022
GBPG.L
Goldman Sachs Access UK Gilts 1-10 Years UCITS ETF Class GBP (Dist)
4.12%3.35%62.57%
GLTA.L
Invesco UK Gilts UCITS ETF Acc
0.00%0.00%0.00%

Drawdowns

GBPG.L vs. GLTA.L - Drawdown Comparison

The maximum GBPG.L drawdown since its inception was -7.18%, smaller than the maximum GLTA.L drawdown of -36.99%. Use the drawdown chart below to compare losses from any high point for GBPG.L and GLTA.L. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-6.78%
-32.00%
GBPG.L
GLTA.L

Volatility

GBPG.L vs. GLTA.L - Volatility Comparison

The current volatility for Goldman Sachs Access UK Gilts 1-10 Years UCITS ETF Class GBP (Dist) (GBPG.L) is 2.71%, while Invesco UK Gilts UCITS ETF Acc (GLTA.L) has a volatility of 3.37%. This indicates that GBPG.L experiences smaller price fluctuations and is considered to be less risky than GLTA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%2.50%3.00%3.50%JuneJulyAugustSeptemberOctoberNovember
2.71%
3.37%
GBPG.L
GLTA.L