GLAB.L vs. AEGG.L
Compare and contrast key facts about SPDR Bloomberg Global Aggregate Bond UCITS ETF GBP Hedged (GLAB.L) and iShares Global Aggregate Bond ESG UCITS ETF GBP Hedged (Acc) (AEGG.L).
GLAB.L and AEGG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GLAB.L is a passively managed fund by State Street that tracks the performance of the Bloomberg Global Aggregate TR Hdg GBP. It was launched on Feb 14, 2018. AEGG.L is a passively managed fund by iShares that tracks the performance of the Bloomberg Global Aggregate TR Hdg GBP. It was launched on Dec 3, 2021. Both GLAB.L and AEGG.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
GLAB.L vs. AEGG.L - Performance Comparison
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GLAB.L vs. AEGG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
GLAB.L SPDR Bloomberg Global Aggregate Bond UCITS ETF GBP Hedged | -0.01% | 4.68% | -381.08% | 5.73% | -12.07% | -0.72% |
AEGG.L iShares Global Aggregate Bond ESG UCITS ETF GBP Hedged (Acc) | -0.07% | 4.36% | 3.07% | 5.65% | -12.74% | -0.69% |
Returns By Period
In the year-to-date period, GLAB.L achieves a -0.01% return, which is significantly higher than AEGG.L's -0.07% return.
GLAB.L
- 1D
- 0.33%
- 1M
- -1.23%
- YTD
- -0.01%
- 6M
- 0.79%
- 1Y
- 3.26%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AEGG.L
- 1D
- 0.34%
- 1M
- -1.37%
- YTD
- -0.07%
- 6M
- 0.52%
- 1Y
- 3.20%
- 3Y*
- 3.58%
- 5Y*
- —
- 10Y*
- —
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GLAB.L vs. AEGG.L - Expense Ratio Comparison
Both GLAB.L and AEGG.L have an expense ratio of 0.10%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Return for Risk
GLAB.L vs. AEGG.L — Risk / Return Rank
GLAB.L
AEGG.L
GLAB.L vs. AEGG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg Global Aggregate Bond UCITS ETF GBP Hedged (GLAB.L) and iShares Global Aggregate Bond ESG UCITS ETF GBP Hedged (Acc) (AEGG.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.
| GLAB.L | AEGG.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.99 | 1.02 | -0.02 |
Sortino ratioReturn per unit of downside risk | 1.39 | 1.51 | -0.12 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.18 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 1.51 | 1.26 | +0.25 |
Martin ratioReturn relative to average drawdown | 5.20 | 4.50 | +0.70 |
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
| GLAB.L | AEGG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.99 | 1.02 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | — | -0.08 | — |
Correlation
The correlation between GLAB.L and AEGG.L is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
GLAB.L vs. AEGG.L - Dividend Comparison
GLAB.L's dividend yield for the trailing twelve months is around 3.11%, while AEGG.L has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
GLAB.L SPDR Bloomberg Global Aggregate Bond UCITS ETF GBP Hedged | 3.11% | 3.06% | 139.91% | 1.91% | 1.48% | 1.18% | 1.51% | 1.70% | 0.88% |
AEGG.L iShares Global Aggregate Bond ESG UCITS ETF GBP Hedged (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GLAB.L vs. AEGG.L - Drawdown Comparison
The maximum GLAB.L drawdown since its inception was -372.79%, which is greater than AEGG.L's maximum drawdown of -15.75%. Use the drawdown chart below to compare losses from any high point for GLAB.L and AEGG.L.
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Drawdown Indicators
| GLAB.L | AEGG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -372.79% | -15.75% | -357.04% |
Max Drawdown (1Y)Largest decline over 1 year | -2.26% | -2.38% | +0.12% |
Max Drawdown (5Y)Largest decline over 5 years | -373.54% | — | — |
Current DrawdownCurrent decline from peak | -368.60% | -1.91% | -366.69% |
Average DrawdownAverage peak-to-trough decline | -78.27% | -7.77% | -70.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.66% | 0.67% | -0.01% |
Volatility
GLAB.L vs. AEGG.L - Volatility Comparison
SPDR Bloomberg Global Aggregate Bond UCITS ETF GBP Hedged (GLAB.L) has a higher volatility of 1.29% compared to iShares Global Aggregate Bond ESG UCITS ETF GBP Hedged (Acc) (AEGG.L) at 1.19%. This indicates that GLAB.L's price experiences larger fluctuations and is considered to be riskier than AEGG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GLAB.L | AEGG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.29% | 1.19% | +0.10% |
Volatility (6M)Calculated over the trailing 6-month period | 1.94% | 1.91% | +0.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.30% | 3.15% | +0.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 165.77% | 4.60% | +161.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 130.00% | 4.60% | +125.40% |