GILG.L vs. SGIL.L
GILG.L (iShares Global Inflation Linked Government Bond UCITS ETF GBP Hedged (Dist)) and SGIL.L (iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc)) are both Inflation-Protected Bonds funds from iShares - GILG.L tracks the Bloomberg Gbl Infl Linked TR Hdg GBP while SGIL.L tracks the Bloomberg Gbl Infl Linked TR USD. Both are passively managed. Over the past 5 years, GILG.L returned -1.48%/yr vs -1.24%/yr for SGIL.L. A 0.69 correlation means they provide meaningful diversification when combined. Both charge a 0.20% expense ratio.
Performance
GILG.L vs. SGIL.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GILG.L achieves a 1.51% return, which is significantly higher than SGIL.L's 1.14% return.
GILG.L
- 1D
- 0.09%
- 1M
- 0.46%
- YTD
- 1.51%
- 6M
- 1.28%
- 1Y
- 4.17%
- 3Y*
- 2.43%
- 5Y*
- -1.48%
- 10Y*
- —
SGIL.L
- 1D
- 0.01%
- 1M
- 0.35%
- YTD
- 1.14%
- 6M
- 0.44%
- 1Y
- 4.97%
- 3Y*
- 0.67%
- 5Y*
- -1.24%
- 10Y*
- 1.78%
GILG.L vs. SGIL.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
GILG.L iShares Global Inflation Linked Government Bond UCITS ETF GBP Hedged (Dist) | 1.51% | 4.23% | -0.86% | 3.12% | -18.45% | 5.19% | 2.37% |
SGIL.L iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc) | 1.14% | 1.15% | -1.44% | -0.60% | -12.55% | 4.21% | 0.60% |
Correlation
The correlation between GILG.L and SGIL.L is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.69 |
Correlation (All Time) Calculated using the full available price history since Nov 13, 2020 | 0.69 |
Over the past year, the correlation between GILG.L and SGIL.L has dropped to 0.39 - well below their long-term average of 0.69, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GILG.L vs. SGIL.L — Risk / Return Rank
GILG.L
SGIL.L
GILG.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 UCITS ETF GBP Hedged (Dist) (GILG.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.
| GILG.L | SGIL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.12 | ||
| Sortino ratioReturn per unit of downside risk | -0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.17 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.71 | 1.56 | +0.15 |
| Martin ratioReturn relative to average drawdown | 4.72 | 3.06 | +1.65 |
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 charts...
Sharpe Ratios by Period
| GILG.L | SGIL.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.86 | 0.98 | -0.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.19 | -0.15 | -0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.20 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.12 | 0.41 | -0.53 |
Drawdowns
GILG.L vs. SGIL.L - Drawdown Comparison
The maximum GILG.L drawdown since its inception was -24.23%, which is greater than SGIL.L's maximum drawdown of -20.23%. Use the drawdown chart below to compare losses from any high point for GILG.L and SGIL.L.
Loading charts...
Drawdown Indicators
| GILG.L | SGIL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.23% | -20.23% | -4.00% |
Max Drawdown (1Y)Largest decline over 1 year | -2.43% | -3.17% | +0.74% |
Max Drawdown (3Y)Largest decline over 3 years | -5.52% | -5.63% | +0.11% |
Max Drawdown (5Y)Largest decline over 5 years | -24.23% | -20.23% | -4.00% |
Max Drawdown (10Y)Largest decline over 10 years | — | -20.23% | — |
Current DrawdownCurrent decline from peak | -13.44% | -15.00% | +1.56% |
Average DrawdownAverage peak-to-trough decline | -13.12% | -6.79% | -6.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.88% | 1.62% | -0.74% |
Volatility
GILG.L vs. SGIL.L - Volatility Comparison
iShares Global Inflation Linked Government Bond UCITS ETF GBP Hedged (Dist) (GILG.L) has a higher volatility of 1.48% compared to iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc) (SGIL.L) at 1.13%. This indicates that GILG.L's price experiences larger fluctuations and is considered to be riskier than SGIL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GILG.L | SGIL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.48% | 1.13% | +0.35% |
Volatility (6M)Calculated over the trailing 6-month period | 3.40% | 3.56% | -0.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.84% | 5.03% | -0.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.79% | 8.38% | -0.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.54% | 8.97% | -1.43% |
GILG.L vs. SGIL.L - Expense Ratio Comparison
Both GILG.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%.
Dividends
GILG.L vs. SGIL.L - Dividend Comparison
GILG.L's dividend yield for the trailing twelve months is around 0.98%, while SGIL.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
GILG.L iShares Global Inflation Linked Government Bond UCITS ETF GBP Hedged (Dist) | 0.98% | 0.96% | 0.87% | 0.79% | 0.72% | 0.50% |
SGIL.L iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GILG.L and SGIL.L have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.20% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
GILG.L and SGIL.L have the same expense ratio: 0.20% per year.
GILG.L tracks Bloomberg Gbl Infl Linked TR Hdg GBP, while SGIL.L tracks Bloomberg Gbl Infl Linked TR USD.
Find the right allocation for GILG.L and SGIL.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer