GILE.L vs. SGIL.L

Last updated Apr 2, 2026

Compare and contrast key facts about iShares Global Inflation Linked Government Bond EUR Hedged UCITS ETF (Dist) (GILE.L) and iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc) (SGIL.L).

GILE.L and SGIL.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GILE.L is a passively managed fund by iShares that tracks the performance of the Bloomberg Gbl Infl Linked TR Hdg EUR. It was launched on Sep 22, 2017. SGIL.L is a passively managed fund by iShares that tracks the performance of the Bloomberg Gbl Infl Linked TR USD. It was launched on Aug 1, 2008. Both GILE.L and SGIL.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

GILE.L vs. SGIL.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Global Inflation Linked Government Bond EUR Hedged UCITS ETF (Dist) (GILE.L) and iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc) (SGIL.L). The values are adjusted to include any dividend payments, if applicable.

GILE.L vs. SGIL.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GILE.L iShares Global Inflation Linked Government Bond EUR Hedged UCITS ETF (Dist)	0.38%	2.28%	-2.12%	1.92%	-19.12%	4.65%	7.55%	5.80%	-2.82%	1.14%
SGIL.L iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc)	1.38%	-4.13%	3.32%	1.51%	-17.06%	10.99%	2.53%	11.18%	0.31%	0.42%

Different Trading Currencies

GILE.L is traded in EUR, while SGIL.L is traded in GBP. To make them comparable, the SGIL.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, GILE.L achieves a 0.38% return, which is significantly lower than SGIL.L's 1.38% return.

GILE.L

• 1D: 0.10%
• 1M: -1.77%
• YTD: 0.38%
• 6M: 0.74%
• 1Y: 1.05%
• 3Y*: -0.15%
• 5Y*: -2.37%
• 10Y*: —

SGIL.L

• 1D: -0.40%
• 1M: -1.67%
• YTD: 1.38%
• 6M: 1.93%
• 1Y: -2.55%
• 3Y*: -0.08%
• 5Y*: -1.44%
• 10Y*: 0.90%

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

GILE.L vs. SGIL.L - Expense Ratio Comparison

Both GILE.L and SGIL.L have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

GILE.L

iShares Global Inflation Linked Government Bond EUR Hedged UCITS ETF (Dist)

SGIL.L

iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc)

Return for Risk

GILE.L vs. SGIL.L — Risk / Return Rank

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

GILE.L

GILE.L Risk / Return Rank: 17
GILE.L Sharpe Ratio Rank: 16
GILE.L Sortino Ratio Rank: 14
GILE.L Omega Ratio Rank: 14
GILE.L Calmar Ratio Rank: 20
GILE.L Martin Ratio Rank: 20

SGIL.L

SGIL.L Risk / Return Rank: 20
SGIL.L Sharpe Ratio Rank: 22
SGIL.L Sortino Ratio Rank: 20
SGIL.L Omega Ratio Rank: 19
SGIL.L Calmar Ratio Rank: 20
SGIL.L Martin Ratio Rank: 18

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.

GILE.L vs. SGIL.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 Global Inflation Linked Government Bond UCITS ETF USD (Acc) (SGIL.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.

	GILE.L	SGIL.L	Difference
Sharpe ratio Return per unit of total volatility	0.20	-0.28	+0.48
Sortino ratio Return per unit of downside risk	0.31	-0.33	+0.64
Omega ratio Gain probability vs. loss probability	1.04	0.96	+0.08
Calmar ratio Return relative to maximum drawdown	0.43	-0.42	+0.85
Martin ratio Return relative to average drawdown	1.31	-0.73	+2.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GILE.L vs. SGIL.L - Sharpe Ratio Comparison

The current GILE.L Sharpe Ratio is 0.20, which is higher than the SGIL.L Sharpe Ratio of -0.28. The chart below compares the historical Sharpe Ratios of GILE.L and SGIL.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.

Sharpe Ratios by Period

	GILE.L	SGIL.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.20	-0.28	+0.48
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.30	-0.16	-0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.11	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.05	0.35	-0.40

Correlation

The correlation between GILE.L and SGIL.L is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

GILE.L vs. SGIL.L - Dividend Comparison

GILE.L's dividend yield for the trailing twelve months is around 1.07%, while SGIL.L has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
GILE.L iShares Global Inflation Linked Government Bond EUR Hedged UCITS ETF (Dist)	1.07%	1.11%	1.05%	0.91%	0.86%	0.69%	1.12%	2.13%	0.41%
SGIL.L iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

GILE.L vs. SGIL.L - Drawdown Comparison

The maximum GILE.L drawdown since its inception was -24.70%, which is greater than SGIL.L's maximum drawdown of -22.48%. Use the drawdown chart below to compare losses from any high point for GILE.L and SGIL.L.

Drawdown Indicators

	GILE.L	SGIL.L	Difference
Max Drawdown Largest peak-to-trough decline	-24.70%	-20.23%	-4.47%
Max Drawdown (1Y) Largest decline over 1 year	-3.30%	-4.49%	+1.19%
Max Drawdown (5Y) Largest decline over 5 years	-24.70%	-20.23%	-4.47%
Max Drawdown (10Y) Largest decline over 10 years	—	-20.23%	—
Current Drawdown Current decline from peak	-18.72%	-14.67%	-4.05%
Average Drawdown Average peak-to-trough decline	-9.96%	-6.71%	-3.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.08%	2.16%	-1.08%

Volatility

GILE.L vs. SGIL.L - Volatility Comparison

iShares Global Inflation Linked Government Bond EUR Hedged UCITS ETF (Dist) (GILE.L) and iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc) (SGIL.L) have volatilities of 1.99% and 2.07%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GILE.L	SGIL.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.99%	2.07%	-0.08%
Volatility (6M) Calculated over the trailing 6-month period	3.13%	3.80%	-0.67%
Volatility (1Y) Calculated over the trailing 1-year period	5.20%	6.84%	-1.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.77%	8.93%	-1.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.19%	8.59%	-1.40%