GIL5.L vs. BNKE.L

Last updated Jun 5, 2026

GIL5.L (Lyxor UK Government Bond 0-5Y (DR) UCITS ETF - Dist) and BNKE.L (Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc) are both exchange-traded funds - GIL5.L is a European Government Bonds fund tracking the FTSE Act UK Cnvt Gilts All Stocks TR GBP, while BNKE.L is a Financials Equities fund tracking the MSCI World/Financials NR USD. Both are passively managed. Over the past 5 years, GIL5.L returned 1.25%/yr vs 29.25%/yr for BNKE.L. At a correlation of -0.10, they often move in opposite directions. GIL5.L charges 0.05%/yr vs 0.30%/yr for BNKE.L.

Performance

GIL5.L vs. BNKE.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Lyxor UK Government Bond 0-5Y (DR) UCITS ETF - Dist (GIL5.L) and Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc (BNKE.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GIL5.L achieves a 0.44% return, which is significantly lower than BNKE.L's 4.63% return.

GIL5.L

• 1D: 0.13%
• 1M: 0.67%
• YTD: 0.44%
• 6M: 0.54%
• 1Y: 3.07%
• 3Y*: 4.17%
• 5Y*: 1.25%
• 10Y*: —

BNKE.L

• 1D: 0.77%
• 1M: 6.68%
• YTD: 4.63%
• 6M: 11.03%
• 1Y: 45.15%
• 3Y*: 46.04%
• 5Y*: 29.25%
• 10Y*: —

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

GIL5.L vs. BNKE.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
GIL5.L Lyxor UK Government Bond 0-5Y (DR) UCITS ETF - Dist	0.44%	5.12%	2.49%	4.05%	-4.53%	-1.87%	1.64%	-0.14%
BNKE.L Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc	4.63%	99.94%	25.19%	27.75%	6.62%	31.33%	-18.12%	2.40%

Correlation

The correlation between GIL5.L and BNKE.L is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (3Y) Calculated over the trailing 3-year period	0.10
Correlation (5Y) Calculated over the trailing 5-year period	-0.05
Correlation (All Time) Calculated using the full available price history since Jul 24, 2019	-0.10

The correlation between GIL5.L and BNKE.L shifts across timeframes, from -0.10 (all time) to 0.26 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

GIL5.L vs. BNKE.L — Risk / Return Rank

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

GIL5.L

GIL5.L Risk / Return Rank: 40
GIL5.L Sharpe Ratio Rank: 43
GIL5.L Sortino Ratio Rank: 44
GIL5.L Omega Ratio Rank: 46
GIL5.L Calmar Ratio Rank: 33
GIL5.L Martin Ratio Rank: 35

BNKE.L

BNKE.L Risk / Return Rank: 55
BNKE.L Sharpe Ratio Rank: 58
BNKE.L Sortino Ratio Rank: 56
BNKE.L Omega Ratio Rank: 52
BNKE.L Calmar Ratio Rank: 55
BNKE.L Martin Ratio Rank: 52

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.

GIL5.L vs. BNKE.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lyxor UK Government Bond 0-5Y (DR) UCITS ETF - Dist (GIL5.L) and Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc (BNKE.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.

	GIL5.L	BNKE.L	Difference
Sharpe ratio: Return per unit of total volatility	1.51	1.93	-0.42
Sortino ratio: Return per unit of downside risk	2.19	2.65	-0.46
Omega ratio: Gain probability vs. loss probability	1.29	1.32	-0.03
Calmar ratio: Return relative to maximum drawdown	1.60	2.70	-1.09
Martin ratio: Return relative to average drawdown	5.31	8.72	-3.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GIL5.L vs. BNKE.L - Sharpe Ratio Comparison

The current GIL5.L Sharpe Ratio is 1.51, which is comparable to the BNKE.L Sharpe Ratio of 1.93. The chart below compares the historical Sharpe Ratios of GIL5.L and BNKE.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GIL5.L	BNKE.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.51	1.93	-0.42
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.48	1.15	-0.67
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.75	-0.38

Drawdowns

GIL5.L vs. BNKE.L - Drawdown Comparison

The maximum GIL5.L drawdown since its inception was -9.42%, smaller than the maximum BNKE.L drawdown of -48.52%. Use the drawdown chart below to compare losses from any high point for GIL5.L and BNKE.L.

Drawdown Indicators

	GIL5.L	BNKE.L	Difference
Max Drawdown Largest peak-to-trough decline	-9.42%	-48.52%	+39.10%
Max Drawdown (1Y) Largest decline over 1 year	-1.91%	-16.66%	+14.75%
Max Drawdown (3Y) Largest decline over 3 years	-1.91%	-18.40%	+16.49%
Max Drawdown (5Y) Largest decline over 5 years	-8.75%	-34.21%	+25.46%
Current Drawdown Current decline from peak	-0.65%	-1.62%	+0.97%
Average Drawdown Average peak-to-trough decline	-1.61%	-10.40%	+8.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.58%	5.17%	-4.59%

Volatility

GIL5.L vs. BNKE.L - Volatility Comparison

The current volatility for Lyxor UK Government Bond 0-5Y (DR) UCITS ETF - Dist (GIL5.L) is 0.56%, while Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc (BNKE.L) has a volatility of 6.10%. This indicates that GIL5.L experiences smaller price fluctuations and is considered to be less risky than BNKE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GIL5.L	BNKE.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.56%	6.10%	-5.54%
Volatility (6M) Calculated over the trailing 6-month period	1.72%	18.62%	-16.90%
Volatility (1Y) Calculated over the trailing 1-year period	2.03%	23.28%	-21.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.61%	25.45%	-22.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.13%	29.62%	-27.49%

GIL5.L vs. BNKE.L - Expense Ratio Comparison

GIL5.L has a 0.05% expense ratio, which is lower than BNKE.L's 0.30% expense ratio.

Dividends

GIL5.L vs. BNKE.L - Dividend Comparison

GIL5.L's dividend yield for the trailing twelve months is around 2.33%, while BNKE.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
BNKE.L Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
GIL5.L Lyxor UK Government Bond 0-5Y (DR) UCITS ETF - Dist	2.33%	2.34%	1.94%	1.36%	1.39%	1.60%	2.26%	2.70%	2.92%	3.17%	1.56%

Frequently Asked Questions

Can I hold both GIL5.L and BNKE.L in my portfolio?

GIL5.L and BNKE.L have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GIL5.L or BNKE.L?

On fees, GIL5.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GIL5.L or BNKE.L?

GIL5.L is cheaper with a 0.05% expense ratio, compared with 0.30% for BNKE.L.

What is the main difference between GIL5.L and BNKE.L?

GIL5.L is categorized as European Government Bonds, while BNKE.L is Financials Equities. GIL5.L tracks FTSE Act UK Cnvt Gilts All Stocks TR GBP, while BNKE.L tracks MSCI World/Financials NR USD. Their fees differ too: 0.05% for GIL5.L and 0.30% for BNKE.L.