IBGM.L vs. VUTY.L

Last updated Apr 2, 2026

Compare and contrast key facts about iShares Euro Government Bond 7-10yr UCITS ETF EUR (Dist) (IBGM.L) and Vanguard USD Treasury Bond UCITS ETF Distributing (VUTY.L).

IBGM.L and VUTY.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. VUTY.L is a passively managed fund by Vanguard that tracks the performance of the Bloomberg US Government TR USD. It was launched on Feb 24, 2016. Both IBGM.L and VUTY.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.

Performance

IBGM.L vs. VUTY.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares Euro Government Bond 7-10yr UCITS ETF EUR (Dist) (IBGM.L) and Vanguard USD Treasury Bond UCITS ETF Distributing (VUTY.L). The values are adjusted to include any dividend payments, if applicable.

IBGM.L vs. VUTY.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IBGM.L iShares Euro Government Bond 7-10yr UCITS ETF EUR (Dist)	-0.88%	5.38%	-3.53%	465.78%	-3.14%	-9.55%	20.87%	117.65%	2.05%	4.56%
VUTY.L Vanguard USD Treasury Bond UCITS ETF Distributing	1.00%	-1.13%	2.55%	-1.94%	-1.87%	-1.11%	3.99%	3.70%	6.64%	-6.82%

Returns By Period

In the year-to-date period, IBGM.L achieves a -0.88% return, which is significantly lower than VUTY.L's 1.00% return. Over the past 10 years, IBGM.L has outperformed VUTY.L with an annualized return of 31.10%, while VUTY.L has yielded a comparatively lower 1.60% annualized return.

IBGM.L

• 1D: 0.11%
• 1M: -2.79%
• YTD: -0.88%
• 6M: -1.56%
• 1Y: 4.48%
• 3Y*: 77.37%
• 5Y*: 39.89%
• 10Y*: 31.10%

VUTY.L

• 1D: -0.73%
• 1M: -0.75%
• YTD: 1.00%
• 6M: 1.96%
• 1Y: -0.04%
• 3Y*: 0.15%
• 5Y*: 0.53%
• 10Y*: 1.60%

*Multi-year figures are annualized to reflect compound growth (CAGR)

IBGM.L vs. VUTY.L - Expense Ratio Comparison

IBGM.L has a 0.15% expense ratio, which is higher than VUTY.L's 0.07% 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%.

IBGM.L

iShares Euro Government Bond 7-10yr UCITS ETF EUR (Dist)

VUTY.L

Vanguard USD Treasury Bond UCITS ETF Distributing

Return for Risk

IBGM.L vs. VUTY.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IBGM.L

IBGM.L Risk / Return Rank: 30
IBGM.L Sharpe Ratio Rank: 34
IBGM.L Sortino Ratio Rank: 31
IBGM.L Omega Ratio Rank: 29
IBGM.L Calmar Ratio Rank: 30
IBGM.L Martin Ratio Rank: 25

VUTY.L

VUTY.L Risk / Return Rank: 11
VUTY.L Sharpe Ratio Rank: 11
VUTY.L Sortino Ratio Rank: 10
VUTY.L Omega Ratio Rank: 10
VUTY.L Calmar Ratio Rank: 13
VUTY.L Martin Ratio Rank: 12

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IBGM.L vs. VUTY.L - Risk-Adjusted Trends 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 Vanguard USD Treasury Bond UCITS ETF Distributing (VUTY.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.

	IBGM.L	VUTY.L	Difference
Sharpe ratio Return per unit of total volatility	0.68	-0.01	+0.69
Sortino ratio Return per unit of downside risk	0.99	0.04	+0.95
Omega ratio Gain probability vs. loss probability	1.13	1.01	+0.12
Calmar ratio Return relative to maximum drawdown	0.81	0.04	+0.77
Martin ratio Return relative to average drawdown	2.06	0.07	+1.99
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IBGM.L vs. VUTY.L - Sharpe Ratio Comparison

The current IBGM.L Sharpe Ratio is 0.68, which is higher than the VUTY.L Sharpe Ratio of -0.01. The chart below compares the historical Sharpe Ratios of IBGM.L and VUTY.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IBGM.L	VUTY.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.68	-0.01	+0.69
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.21	0.06	+0.15
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.22	0.16	+0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	0.14	+0.08

Correlation

The correlation between IBGM.L and VUTY.L 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.

Dividends

IBGM.L vs. VUTY.L - Dividend Comparison

IBGM.L's dividend yield for the trailing twelve months is around 1.35%, less than VUTY.L's 4.21% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IBGM.L iShares Euro Government Bond 7-10yr UCITS ETF EUR (Dist)	1.35%	1.33%	2.78%	79.03%	13.18%	0.00%	8.74%	63.75%	0.74%	0.74%	0.77%	1.07%
VUTY.L Vanguard USD Treasury Bond UCITS ETF Distributing	4.21%	4.40%	4.00%	3.47%	2.06%	1.19%	1.64%	2.42%	2.24%	1.64%	0.92%	0.00%

Drawdowns

IBGM.L vs. VUTY.L - Drawdown Comparison

The maximum IBGM.L drawdown since its inception was -26.66%, which is greater than VUTY.L's maximum drawdown of -22.63%. Use the drawdown chart below to compare losses from any high point for IBGM.L and VUTY.L.

Drawdown Indicators

	IBGM.L	VUTY.L	Difference
Max Drawdown Largest peak-to-trough decline	-26.66%	-22.63%	-4.03%
Max Drawdown (1Y) Largest decline over 1 year	-5.69%	-7.29%	+1.60%
Max Drawdown (5Y) Largest decline over 5 years	-21.27%	-16.17%	-5.10%
Max Drawdown (10Y) Largest decline over 10 years	-26.66%	-22.63%	-4.03%
Current Drawdown Current decline from peak	-4.09%	-16.89%	+12.80%
Average Drawdown Average peak-to-trough decline	-4.98%	-12.54%	+7.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.23%	4.22%	-1.99%

Volatility

IBGM.L vs. VUTY.L - Volatility Comparison

iShares Euro Government Bond 7-10yr UCITS ETF EUR (Dist) (IBGM.L) has a higher volatility of 2.56% compared to Vanguard USD Treasury Bond UCITS ETF Distributing (VUTY.L) at 2.01%. This indicates that IBGM.L's price experiences larger fluctuations and is considered to be riskier than VUTY.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IBGM.L	VUTY.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.56%	2.01%	+0.55%
Volatility (6M) Calculated over the trailing 6-month period	4.57%	4.44%	+0.13%
Volatility (1Y) Calculated over the trailing 1-year period	6.54%	7.16%	-0.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	193.47%	8.75%	+184.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	138.61%	10.05%	+128.56%