GLTL.L vs. VOO
Compare and contrast key facts about SPDR Bloomberg 15+ Year Gilt UCITS ETF (GLTL.L) and Vanguard S&P 500 ETF (VOO).
GLTL.L and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GLTL.L is a passively managed fund by State Street that tracks the performance of the FTSE Act UK Cnvt Gilts All Stocks TR GBP. It was launched on May 17, 2012. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both GLTL.L and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GLTL.L or VOO.
Key characteristics
| GLTL.L | VOO | |
|---|---|---|
| YTD Return | -12.05% | 26.94% |
| 1Y Return | -5.04% | 35.06% |
| 3Y Return (Ann) | -0.61% | 10.23% |
| 5Y Return (Ann) | 67.01% | 15.77% |
| 10Y Return (Ann) | 33.13% | 13.41% |
| Sharpe Ratio | -0.29 | 3.08 |
| Sortino Ratio | -0.32 | 4.09 |
| Omega Ratio | 0.96 | 1.58 |
| Calmar Ratio | -0.09 | 4.46 |
| Martin Ratio | -0.45 | 20.36 |
| Ulcer Index | 8.99% | 1.85% |
| Daily Std Dev | 14.38% | 12.23% |
| Max Drawdown | -48.31% | -33.99% |
| Current Drawdown | -46.30% | -0.25% |
Correlation
The correlation between GLTL.L and VOO is 0.03, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GLTL.L vs. VOO - Performance Comparison
In the year-to-date period, GLTL.L achieves a -12.05% return, which is significantly lower than VOO's 26.94% return. Over the past 10 years, GLTL.L has outperformed VOO with an annualized return of 33.13%, while VOO has yielded a comparatively lower 13.41% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GLTL.L vs. VOO - Expense Ratio Comparison
GLTL.L has a 0.15% expense ratio, which is higher than VOO's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
GLTL.L vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg 15+ Year Gilt UCITS ETF (GLTL.L) and Vanguard S&P 500 ETF (VOO). 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.
Dividends
GLTL.L vs. VOO - Dividend Comparison
GLTL.L's dividend yield for the trailing twelve months is around 4.30%, more than VOO's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLTL.L SPDR Bloomberg 15+ Year Gilt UCITS ETF | 4.30% | 2.97% | 162.91% | 44.24% | 1.01% | 1.43% | 1.55% | 1.86% | 1.99% | 2.51% | 2.63% | 3.67% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
GLTL.L vs. VOO - Drawdown Comparison
The maximum GLTL.L drawdown since its inception was -48.31%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for GLTL.L and VOO. For additional features, visit the drawdowns tool.
Volatility
GLTL.L vs. VOO - Volatility Comparison
SPDR Bloomberg 15+ Year Gilt UCITS ETF (GLTL.L) has a higher volatility of 5.37% compared to Vanguard S&P 500 ETF (VOO) at 3.78%. This indicates that GLTL.L's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.