GLEN.L vs. SDIA.L
GLEN.L (Glencore plc) is a stock, while SDIA.L (iShares USD Short Duration Corporate Bond UCITS ETF (Acc)) is Corporate Bonds fund tracking the Bloomberg US Corp 1-3 Yr TR USD. Over the past 5 years, GLEN.L returned 18.80%/yr vs 3.48%/yr for SDIA.L. At a correlation of -0.13, they often move in opposite directions.
Performance
GLEN.L vs. SDIA.L - Performance Comparison
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Different Trading Currencies
GLEN.L is traded in GBp, while SDIA.L is traded in USD. To make them comparable, the SDIA.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, GLEN.L achieves a 50.84% return, which is significantly higher than SDIA.L's 1.05% return.
GLEN.L
- 1D
- -1.09%
- 1M
- 8.93%
- YTD
- 50.84%
- 6M
- 60.08%
- 1Y
- 120.55%
- 3Y*
- 16.64%
- 5Y*
- 18.80%
- 10Y*
- 21.65%
SDIA.L
- 1D
- 0.17%
- 1M
- 1.17%
- YTD
- 1.05%
- 6M
- 0.56%
- 1Y
- 5.06%
- 3Y*
- 2.58%
- 5Y*
- 3.48%
- 10Y*
- —
GLEN.L vs. SDIA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GLEN.L Glencore plc | 50.84% | 19.35% | -23.37% | -6.11% | 57.12% | 67.01% | 9.85% | -15.47% | -22.76% | 38.88% |
SDIA.L iShares USD Short Duration Corporate Bond UCITS ETF (Acc) | 1.05% | -1.40% | 6.83% | 0.36% | 6.87% | 0.24% | 1.43% | 2.08% | 6.80% | -3.36% |
Correlation
The correlation between GLEN.L and SDIA.L is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.21 |
Correlation (All Time) Calculated using the full available price history since May 9, 2017 | -0.13 |
The correlation between GLEN.L and SDIA.L shifts across timeframes, from -0.21 (5 years) to -0.09 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
GLEN.L vs. SDIA.L — Risk / Return Rank
GLEN.L
SDIA.L
GLEN.L vs. SDIA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Glencore plc (GLEN.L) and iShares USD Short Duration Corporate Bond UCITS ETF (Acc) (SDIA.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.
| GLEN.L | SDIA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.09 | ||
| Sortino ratioReturn per unit of downside risk | +3.51 | ||
| Omega ratioGain probability vs. loss probability | 1.59 | 1.14 | +0.45 |
| Calmar ratioReturn relative to maximum drawdown | 8.51 | 1.02 | +7.49 |
| Martin ratioReturn relative to average drawdown | 28.08 | 2.92 | +25.16 |
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
| GLEN.L | SDIA.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.87 | 0.78 | +3.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.43 | +0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.12 | 0.27 | -0.15 |
Drawdowns
GLEN.L vs. SDIA.L - Drawdown Comparison
The maximum GLEN.L drawdown since its inception was -85.66%, which is greater than SDIA.L's maximum drawdown of -15.38%. Use the drawdown chart below to compare losses from any high point for GLEN.L and SDIA.L.
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Drawdown Indicators
| GLEN.L | SDIA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.66% | -15.38% | -70.28% |
Max Drawdown (1Y)Largest decline over 1 year | -14.09% | -4.94% | -9.15% |
Max Drawdown (3Y)Largest decline over 3 years | -53.56% | -8.72% | -44.84% |
Max Drawdown (5Y)Largest decline over 5 years | -55.24% | -15.38% | -39.86% |
Max Drawdown (10Y)Largest decline over 10 years | -70.67% | — | — |
Current DrawdownCurrent decline from peak | -1.09% | -4.07% | +2.98% |
Average DrawdownAverage peak-to-trough decline | -32.00% | -6.25% | -25.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.28% | 1.73% | +2.55% |
Volatility
GLEN.L vs. SDIA.L - Volatility Comparison
Glencore plc (GLEN.L) has a higher volatility of 9.29% compared to iShares USD Short Duration Corporate Bond UCITS ETF (Acc) (SDIA.L) at 1.78%. This indicates that GLEN.L's price experiences larger fluctuations and is considered to be riskier than SDIA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GLEN.L | SDIA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.29% | 1.78% | +7.51% |
Volatility (6M)Calculated over the trailing 6-month period | 22.62% | 5.02% | +17.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.00% | 6.45% | +24.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.25% | 8.14% | +24.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.72% | 8.43% | +27.29% |
Dividends
GLEN.L vs. SDIA.L - Dividend Comparison
GLEN.L's dividend yield for the trailing twelve months is around 1.55%, while SDIA.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLEN.L Glencore plc | 1.55% | 2.39% | 2.86% | 8.72% | 5.57% | 3.08% | 6.71% | 5.31% | 3.85% | 1.05% | 0.00% | 9.87% |
SDIA.L iShares USD Short Duration Corporate Bond UCITS ETF (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GLEN.L and SDIA.L have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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