GLTS.L vs. EUNT.DE
Compare and contrast key facts about SPDR Bloomberg 1-5 Year Gilt UCITS ETF (GLTS.L) and iShares EUR Corporate Bond 1-5yr UCITS ETF EUR (Dist) (EUNT.DE).
GLTS.L and EUNT.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GLTS.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. EUNT.DE is a passively managed fund by iShares that tracks the performance of the Bloomberg Euro Corporate 1-5 Year Bond. It was launched on Sep 25, 2009. Both GLTS.L and EUNT.DE 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: GLTS.L or EUNT.DE.
Key characteristics
| GLTS.L | EUNT.DE | |
|---|---|---|
| YTD Return | 1.20% | 0.94% |
| 1Y Return | 3.72% | 3.92% |
| 3Y Return (Ann) | 26.29% | -0.93% |
| 5Y Return (Ann) | 31.05% | -0.35% |
| 10Y Return (Ann) | 20.13% | 0.33% |
| Sharpe Ratio | 1.52 | 1.38 |
| Sortino Ratio | 2.19 | 1.85 |
| Omega Ratio | 1.27 | 1.27 |
| Calmar Ratio | 2.01 | 0.55 |
| Martin Ratio | 5.99 | 4.08 |
| Ulcer Index | 0.64% | 0.96% |
| Daily Std Dev | 2.55% | 2.83% |
| Max Drawdown | -7.40% | -10.16% |
| Current Drawdown | -1.24% | -3.26% |
Correlation
The correlation between GLTS.L and EUNT.DE is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
GLTS.L vs. EUNT.DE - Performance Comparison
In the year-to-date period, GLTS.L achieves a 1.20% return, which is significantly higher than EUNT.DE's 0.94% return. Over the past 10 years, GLTS.L has outperformed EUNT.DE with an annualized return of 20.13%, while EUNT.DE has yielded a comparatively lower 0.33% 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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GLTS.L vs. EUNT.DE - Expense Ratio Comparison
GLTS.L has a 0.15% expense ratio, which is lower than EUNT.DE's 0.20% 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%.
Risk-Adjusted Performance
GLTS.L vs. EUNT.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg 1-5 Year Gilt UCITS ETF (GLTS.L) and iShares EUR Corporate Bond 1-5yr UCITS ETF EUR (Dist) (EUNT.DE). 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
GLTS.L vs. EUNT.DE - Dividend Comparison
GLTS.L's dividend yield for the trailing twelve months is around 2.75%, while EUNT.DE has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLTS.L SPDR Bloomberg 1-5 Year Gilt UCITS ETF | 2.75% | 1.30% | 0.18% | 0.13% | 0.46% | 0.60% | 0.39% | 0.52% | 0.88% | 0.98% | 0.67% | 0.44% |
EUNT.DE iShares EUR Corporate Bond 1-5yr UCITS ETF EUR (Dist) | 0.00% | 0.50% | 0.51% | 0.57% | 0.59% | 0.62% | 0.62% | 0.68% | 0.90% | 0.56% | 0.00% | 0.00% |
Drawdowns
GLTS.L vs. EUNT.DE - Drawdown Comparison
The maximum GLTS.L drawdown since its inception was -7.40%, smaller than the maximum EUNT.DE drawdown of -10.16%. Use the drawdown chart below to compare losses from any high point for GLTS.L and EUNT.DE. For additional features, visit the drawdowns tool.
Volatility
GLTS.L vs. EUNT.DE - Volatility Comparison
SPDR Bloomberg 1-5 Year Gilt UCITS ETF (GLTS.L) has a higher volatility of 1.67% compared to iShares EUR Corporate Bond 1-5yr UCITS ETF EUR (Dist) (EUNT.DE) at 1.55%. This indicates that GLTS.L's price experiences larger fluctuations and is considered to be riskier than EUNT.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.