IBCL.DE vs. VX6F.DE
IBCL.DE (iShares € Govt Bond 15-30yr UCITS ETF EUR (Dist)) and VX6F.DE (Vanguard U.K. Gilt UCITS ETF GBP Accumulation) are both Government Bonds funds - IBCL.DE tracks the Bloomberg Euro Government Bond 15-30 Year Index while VX6F.DE tracks the Bloomberg Sterling Gilt Float Adjusted Index. Both are passively managed. Over the past 5 years, IBCL.DE returned -8.15%/yr vs -2.60%/yr for VX6F.DE. A 0.70 correlation means they provide meaningful diversification when combined. IBCL.DE charges 0.15%/yr vs 0.05%/yr for VX6F.DE.
Performance
IBCL.DE vs. VX6F.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IBCL.DE achieves a -1.15% return, which is significantly lower than VX6F.DE's 1.47% return.
IBCL.DE
- 1D
- 0.25%
- 1M
- -2.80%
- 6M
- -2.31%
- YTD
- -1.15%
- 1Y
- -2.15%
- 3Y*
- -0.84%
- 5Y*
- -8.15%
- 10Y*
- -2.67%
VX6F.DE
- 1D
- 0.00%
- 1M
- 0.80%
- 6M
- 0.07%
- YTD
- 1.47%
- 1Y
- 4.31%
- 3Y*
- 2.69%
- 5Y*
- -2.60%
- 10Y*
- —
IBCL.DE vs. VX6F.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
IBCL.DE iShares € Govt Bond 15-30yr UCITS ETF EUR (Dist) | -1.15% | -5.38% | -0.90% | 9.73% | -34.35% | -6.57% | 11.60% | 14.07% |
VX6F.DE Vanguard U.K. Gilt UCITS ETF GBP Accumulation | 1.47% | 0.53% | -0.19% | 18.92% | -26.90% | -5.30% | 9.59% | 5.30% |
Correlation
The correlation between IBCL.DE and VX6F.DE is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since Feb 19, 2019 | 0.70 |
The correlation between IBCL.DE and VX6F.DE has been stable across timeframes, ranging from 0.69 to 0.72 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IBCL.DE vs. VX6F.DE — Risk / Return Rank
IBCL.DE
VX6F.DE
IBCL.DE vs. VX6F.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares € Govt Bond 15-30yr UCITS ETF EUR (Dist) (IBCL.DE) and Vanguard U.K. Gilt UCITS ETF GBP Accumulation (VX6F.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IBCL.DE | VX6F.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.78 | ||
| Sortino ratioReturn per unit of downside risk | -1.06 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.10 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | -0.35 | 0.81 | -1.16 |
| Martin ratioReturn relative to average drawdown | -0.70 | 2.49 | -3.19 |
Loading charts...
Drawdowns
IBCL.DE vs. VX6F.DE - Drawdown Comparison
The maximum IBCL.DE drawdown since its inception was -43.80%, which is greater than VX6F.DE's maximum drawdown of -38.93%. Use the drawdown chart below to compare losses from any high point for IBCL.DE and VX6F.DE.
Loading charts...
Drawdown Indicators
| IBCL.DE | VX6F.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.80% | -38.93% | -4.87% |
Max Drawdown (1Y)Largest decline over 1 year | -6.13% | -5.35% | -0.78% |
Max Drawdown (3Y)Largest decline over 3 years | -11.97% | -9.02% | -2.95% |
Max Drawdown (5Y)Largest decline over 5 years | -42.19% | -36.83% | -5.36% |
Max Drawdown (10Y)Largest decline over 10 years | -43.80% | — | — |
Current DrawdownCurrent decline from peak | -38.14% | -18.27% | -19.87% |
Average DrawdownAverage peak-to-trough decline | -12.56% | -14.85% | +2.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.06% | 1.74% | +1.32% |
Volatility
IBCL.DE vs. VX6F.DE - Volatility Comparison
iShares € Govt Bond 15-30yr UCITS ETF EUR (Dist) (IBCL.DE) has a higher volatility of 2.55% compared to Vanguard U.K. Gilt UCITS ETF GBP Accumulation (VX6F.DE) at 2.26%. This indicates that IBCL.DE's price experiences larger fluctuations and is considered to be riskier than VX6F.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IBCL.DE | VX6F.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.55% | 2.26% | +0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 7.30% | 6.34% | +0.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.24% | 7.89% | +1.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.68% | 12.95% | +0.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.50% | 12.04% | -0.54% |
IBCL.DE vs. VX6F.DE - Expense Ratio Comparison
IBCL.DE has a 0.15% expense ratio, which is higher than VX6F.DE's 0.05% 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%.
Dividends
IBCL.DE vs. VX6F.DE - Dividend Comparison
IBCL.DE's dividend yield for the trailing twelve months is around 3.71%, while VX6F.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBCL.DE iShares € Govt Bond 15-30yr UCITS ETF EUR (Dist) | 3.71% | 3.53% | 3.19% | 2.64% | 1.31% | 0.53% | 0.74% | 1.26% | 1.50% | 1.35% | 1.47% | 1.83% |
VX6F.DE Vanguard U.K. Gilt UCITS ETF GBP Accumulation | 0.00% | 0.37% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IBCL.DE and VX6F.DE have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VX6F.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VX6F.DE is cheaper with a 0.05% expense ratio, compared with 0.15% for IBCL.DE.
IBCL.DE tracks Bloomberg Euro Government Bond 15-30 Year Index, while VX6F.DE tracks Bloomberg Sterling Gilt Float Adjusted Index. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.15% for IBCL.DE and 0.05% for VX6F.DE.
Find the right allocation for IBCL.DE and VX6F.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer