GILS.L vs. GILI.L
GILS.L (Lyxor Core UK Government Bond (DR) UCITS ETF - Dist) and GILI.L (Lyxor Core UK Government Inflation-Linked UCITS ETF - Dist) are both exchange-traded funds - GILS.L is a European Government Bonds fund tracking the FTSE Actuaries UK Conventional Gilts All Stocks, while GILI.L is a Inflation-Protected Bonds fund tracking the FTSE Actuaries UK Index-Linked Gilts All Stocks. Both are passively managed. Over the past 10 years, GILS.L returned -3.32%/yr vs -1.41%/yr for GILI.L. A 0.70 correlation means they provide meaningful diversification when combined. GILS.L charges 0.05%/yr vs 0.07%/yr for GILI.L.
Performance
GILS.L vs. GILI.L - Performance Comparison
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Returns By Period
In the year-to-date period, GILS.L achieves a -1.35% return, which is significantly lower than GILI.L's -0.14% return. Over the past 10 years, GILS.L has underperformed GILI.L with an annualized return of -3.32%, while GILI.L has yielded a comparatively higher -1.41% annualized return.
GILS.L
- 1D
- -0.60%
- 1M
- 0.61%
- YTD
- -1.35%
- 6M
- -4.24%
- 1Y
- -0.97%
- 3Y*
- -0.50%
- 5Y*
- -6.57%
- 10Y*
- -3.32%
GILI.L
- 1D
- -0.65%
- 1M
- -0.33%
- YTD
- -0.14%
- 6M
- -0.86%
- 1Y
- 2.58%
- 3Y*
- -1.10%
- 5Y*
- -8.32%
- 10Y*
- -1.41%
GILS.L vs. GILI.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GILS.L Lyxor Core UK Government Bond (DR) UCITS ETF - Dist | -1.35% | 1.70% | -5.79% | 1.51% | -25.53% | -6.84% | 5.96% | 4.09% | -2.08% | -1.13% |
GILI.L Lyxor Core UK Government Inflation-Linked UCITS ETF - Dist | -0.14% | 1.23% | -9.36% | 0.22% | -33.81% | 3.90% | 10.51% | 6.04% | -0.74% | 1.90% |
Correlation
The correlation between GILS.L and GILI.L is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.85 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.88 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.83 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Jan 27, 2011 | 0.70 |
The correlation between GILS.L and GILI.L shifts across timeframes, from 0.70 (all time) to 0.88 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
GILS.L vs. GILI.L — Risk / Return Rank
GILS.L
GILI.L
GILS.L vs. GILI.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor Core UK Government Bond (DR) UCITS ETF - Dist (GILS.L) and Lyxor Core UK Government Inflation-Linked UCITS ETF - Dist (GILI.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.
| GILS.L | GILI.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.44 | ||
| Sortino ratioReturn per unit of downside risk | -0.60 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.06 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | -0.15 | 0.41 | -0.56 |
| Martin ratioReturn relative to average drawdown | -0.35 | 0.91 | -1.26 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GILS.L | GILI.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.14 | 0.30 | -0.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.65 | -0.44 | -0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.37 | -0.09 | -0.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.01 | 0.15 | -0.14 |
Drawdowns
GILS.L vs. GILI.L - Drawdown Comparison
The maximum GILS.L drawdown since its inception was -38.75%, smaller than the maximum GILI.L drawdown of -49.28%. Use the drawdown chart below to compare losses from any high point for GILS.L and GILI.L.
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Drawdown Indicators
| GILS.L | GILI.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.75% | -49.28% | +10.53% |
Max Drawdown (1Y)Largest decline over 1 year | -6.23% | -6.25% | +0.02% |
Max Drawdown (3Y)Largest decline over 3 years | -9.33% | -14.79% | +5.46% |
Max Drawdown (5Y)Largest decline over 5 years | -34.64% | -49.28% | +14.64% |
Max Drawdown (10Y)Largest decline over 10 years | -38.75% | -49.28% | +10.53% |
Current DrawdownCurrent decline from peak | -36.00% | -43.06% | +7.06% |
Average DrawdownAverage peak-to-trough decline | -12.01% | -15.42% | +3.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.77% | 2.83% | -0.06% |
Volatility
GILS.L vs. GILI.L - Volatility Comparison
The current volatility for Lyxor Core UK Government Bond (DR) UCITS ETF - Dist (GILS.L) is 2.51%, while Lyxor Core UK Government Inflation-Linked UCITS ETF - Dist (GILI.L) has a volatility of 3.78%. This indicates that GILS.L experiences smaller price fluctuations and is considered to be less risky than GILI.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GILS.L | GILI.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.51% | 3.78% | -1.27% |
Volatility (6M)Calculated over the trailing 6-month period | 5.64% | 6.58% | -0.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.67% | 8.68% | -2.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.11% | 18.72% | -8.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.06% | 16.44% | -7.38% |
GILS.L vs. GILI.L - Expense Ratio Comparison
GILS.L has a 0.05% expense ratio, which is lower than GILI.L's 0.07% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
GILS.L vs. GILI.L - Dividend Comparison
GILS.L has not paid dividends to shareholders, while GILI.L's dividend yield for the trailing twelve months is around 0.01%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
GILI.L Lyxor Core UK Government Inflation-Linked UCITS ETF - Dist | 0.01% | 0.01% | 0.01% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% |
GILS.L Lyxor Core UK Government Bond (DR) UCITS ETF - Dist | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% | 0.02% | 0.02% | 0.03% | 0.03% | 0.03% | 0.03% |
Frequently Asked Questions
GILS.L and GILI.L have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GILS.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GILS.L is cheaper with a 0.05% expense ratio, compared with 0.07% for GILI.L.
GILS.L is categorized as European Government Bonds, while GILI.L is Inflation-Protected Bonds. GILS.L tracks FTSE Actuaries UK Conventional Gilts All Stocks, while GILI.L tracks FTSE Actuaries UK Index-Linked Gilts All Stocks. Their fees differ too: 0.05% for GILS.L and 0.07% for GILI.L.
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