IBGM.L vs. IBGS.L
Compare and contrast key facts about iShares Euro Government Bond 7-10yr UCITS ETF EUR (Dist) (IBGM.L) and iShares Euro Government Bond 1-3yr UCITS ETF (Dist) (IBGS.L).
IBGM.L and IBGS.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBGM.L is a passively managed fund by iShares that tracks the performance of the Bloomberg Euro Agg Govt TR EUR. It was launched on Mar 18, 2010. IBGS.L is a passively managed fund by iShares that tracks the performance of the Bloomberg Euro Agg Govt 1-3 Yr TR EUR. It was launched on Jun 5, 2006. Both IBGM.L and IBGS.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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IBGM.L or IBGS.L.
Key characteristics
| IBGM.L | IBGS.L | |
|---|---|---|
| YTD Return | -3.95% | -2.03% |
| 1Y Return | 1.37% | -0.69% |
| 3Y Return (Ann) | -1.38% | -0.48% |
| 5Y Return (Ann) | 1.20% | -0.50% |
| 10Y Return (Ann) | 74.14% | 4.16% |
| Sharpe Ratio | 0.08 | -0.25 |
| Sortino Ratio | 0.17 | -0.34 |
| Omega Ratio | 1.02 | 0.96 |
| Calmar Ratio | 0.04 | -0.09 |
| Martin Ratio | 0.15 | -0.54 |
| Ulcer Index | 3.92% | 1.82% |
| Daily Std Dev | 6.95% | 3.98% |
| Max Drawdown | -26.66% | -13.11% |
| Current Drawdown | -13.00% | -10.28% |
Correlation
The correlation between IBGM.L and IBGS.L is 0.73, 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.
Performance
IBGM.L vs. IBGS.L - Performance Comparison
In the year-to-date period, IBGM.L achieves a -3.95% return, which is significantly lower than IBGS.L's -2.03% return. Over the past 10 years, IBGM.L has outperformed IBGS.L with an annualized return of 74.14%, while IBGS.L has yielded a comparatively lower 4.16% 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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IBGM.L vs. IBGS.L - Expense Ratio Comparison
Both IBGM.L and IBGS.L have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
IBGM.L vs. IBGS.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Euro Government Bond 7-10yr UCITS ETF EUR (Dist) (IBGM.L) and iShares Euro Government Bond 1-3yr UCITS ETF (Dist) (IBGS.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.
Dividends
IBGM.L vs. IBGS.L - Dividend Comparison
IBGM.L's dividend yield for the trailing twelve months is around 4.01%, more than IBGS.L's 2.53% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBGM.L iShares Euro Government Bond 7-10yr UCITS ETF EUR (Dist) | 4.01% | 79.03% | 13.18% | 0.00% | 8.74% | 63.75% | 74.12% | 74.41% | 77.14% | 106.84% | 90.53% | 2.06% |
IBGS.L iShares Euro Government Bond 1-3yr UCITS ETF (Dist) | 2.53% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.95% | 28.29% | 43.88% | 2.07% |
Drawdowns
IBGM.L vs. IBGS.L - Drawdown Comparison
The maximum IBGM.L drawdown since its inception was -26.66%, which is greater than IBGS.L's maximum drawdown of -13.11%. Use the drawdown chart below to compare losses from any high point for IBGM.L and IBGS.L. For additional features, visit the drawdowns tool.
Volatility
IBGM.L vs. IBGS.L - Volatility Comparison
iShares Euro Government Bond 7-10yr UCITS ETF EUR (Dist) (IBGM.L) has a higher volatility of 2.84% compared to iShares Euro Government Bond 1-3yr UCITS ETF (Dist) (IBGS.L) at 2.50%. This indicates that IBGM.L's price experiences larger fluctuations and is considered to be riskier than IBGS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.