GILE.L vs. 0TPE.L
GILE.L (iShares Global Inflation Linked Government Bond EUR Hedged UCITS ETF (Dist)) and 0TPE.L (iShares $ TIPS UCITS ETF EUR Hedged (Acc)) are both Inflation-Protected Bonds funds from iShares - GILE.L tracks the Bloomberg Gbl Infl Linked TR Hdg EUR while 0TPE.L tracks the Bloomberg US Government Inflation-Linked Bond Index. Both are passively managed. Over the past 5 years, GILE.L returned -3.20%/yr vs -1.56%/yr for 0TPE.L. At a 0.36 correlation, their price movements are largely independent. GILE.L charges 0.20%/yr vs 0.12%/yr for 0TPE.L.
Performance
GILE.L vs. 0TPE.L - Performance Comparison
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Returns By Period
In the year-to-date period, GILE.L achieves a -0.10% return, which is significantly lower than 0TPE.L's -0.01% return.
GILE.L
- 1D
- 0.00%
- 1M
- -0.67%
- 6M
- -0.54%
- YTD
- -0.10%
- 1Y
- 1.60%
- 3Y*
- 0.77%
- 5Y*
- -3.20%
- 10Y*
- —
0TPE.L
- 1D
- -0.01%
- 1M
- -0.75%
- 6M
- -0.38%
- YTD
- -0.01%
- 1Y
- 1.50%
- 3Y*
- 1.66%
- 5Y*
- -1.56%
- 10Y*
- —
GILE.L vs. 0TPE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
GILE.L iShares Global Inflation Linked Government Bond EUR Hedged UCITS ETF (Dist) | -0.10% | 2.27% | -2.07% | 2.05% | -19.26% | 4.81% | 7.52% | 5.71% | -0.83% |
0TPE.L iShares $ TIPS UCITS ETF EUR Hedged (Acc) | -0.01% | 4.47% | 0.00% | 1.38% | -13.90% | 4.61% | 8.93% | 6.01% | -2.26% |
Correlation
The correlation between GILE.L and 0TPE.L is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2018 | 0.36 |
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Return for Risk
GILE.L vs. 0TPE.L — Risk / Return Rank
GILE.L
0TPE.L
GILE.L vs. 0TPE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Inflation Linked Government Bond EUR Hedged UCITS ETF (Dist) (GILE.L) and iShares $ TIPS UCITS ETF EUR Hedged (Acc) (0TPE.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.
| GILE.L | 0TPE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.06 | ||
| Sortino ratioReturn per unit of downside risk | -0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.08 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.66 | 0.74 | -0.08 |
| Martin ratioReturn relative to average drawdown | 1.42 | 1.62 | -0.20 |
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Drawdowns
GILE.L vs. 0TPE.L - Drawdown Comparison
The maximum GILE.L drawdown since its inception was -24.74%, which is greater than 0TPE.L's maximum drawdown of -18.53%. Use the drawdown chart below to compare losses from any high point for GILE.L and 0TPE.L.
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Drawdown Indicators
| GILE.L | 0TPE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.74% | -18.53% | -6.21% |
Max Drawdown (1Y)Largest decline over 1 year | -2.42% | -2.01% | -0.41% |
Max Drawdown (3Y)Largest decline over 3 years | -5.76% | -4.87% | -0.89% |
Max Drawdown (5Y)Largest decline over 5 years | -24.74% | -18.53% | -6.21% |
Current DrawdownCurrent decline from peak | -18.99% | -10.19% | -8.80% |
Average DrawdownAverage peak-to-trough decline | -10.18% | -7.44% | -2.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.13% | 0.93% | +0.20% |
Volatility
GILE.L vs. 0TPE.L - Volatility Comparison
The current volatility for iShares Global Inflation Linked Government Bond EUR Hedged UCITS ETF (Dist) (GILE.L) is 1.01%, while iShares $ TIPS UCITS ETF EUR Hedged (Acc) (0TPE.L) has a volatility of 1.19%. This indicates that GILE.L experiences smaller price fluctuations and is considered to be less risky than 0TPE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GILE.L | 0TPE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.01% | 1.19% | -0.18% |
Volatility (6M)Calculated over the trailing 6-month period | 3.39% | 2.91% | +0.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.74% | 3.76% | +0.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.90% | 8.62% | -0.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.21% | 8.79% | -1.58% |
GILE.L vs. 0TPE.L - Expense Ratio Comparison
GILE.L has a 0.20% expense ratio, which is higher than 0TPE.L's 0.12% 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
GILE.L vs. 0TPE.L - Dividend Comparison
GILE.L's dividend yield for the trailing twelve months is around 1.14%, while 0TPE.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
0TPE.L iShares $ TIPS UCITS ETF EUR Hedged (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GILE.L iShares Global Inflation Linked Government Bond EUR Hedged UCITS ETF (Dist) | 1.14% | 1.11% | 1.05% | 0.91% | 0.86% | 0.69% | 1.12% | 2.14% | 0.41% |
Frequently Asked Questions
GILE.L and 0TPE.L have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 0TPE.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
0TPE.L is cheaper with a 0.12% expense ratio, compared with 0.20% for GILE.L.
GILE.L tracks Bloomberg Gbl Infl Linked TR Hdg EUR, while 0TPE.L tracks Bloomberg US Government Inflation-Linked Bond Index. Their fees differ too: 0.20% for GILE.L and 0.12% for 0TPE.L.
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