IBGY.L vs. GIL5.L
IBGY.L (iShares € Govt Bond 5-7yr UCITS ETF EUR (Dist)) and GIL5.L (Lyxor UK Government Bond 0-5Y (DR) UCITS ETF - Dist) are both European Government Bonds funds - IBGY.L tracks the BBG Euro Government Bond 5-7 Year Term Index while GIL5.L tracks the FTSE Act UK Cnvt Gilts All Stocks TR GBP. Both are passively managed. Over the past 5 years, IBGY.L returned -1.77%/yr vs 1.35%/yr for GIL5.L. At a 0.44 correlation, their price movements are largely independent. IBGY.L charges 0.15%/yr vs 0.05%/yr for GIL5.L.
Performance
IBGY.L vs. GIL5.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IBGY.L achieves a -4.44% return, which is significantly lower than GIL5.L's 0.80% return.
IBGY.L
- 1D
- -0.78%
- 1M
- -2.84%
- 6M
- -2.70%
- YTD
- -4.44%
- 1Y
- -2.77%
- 3Y*
- 2.31%
- 5Y*
- -1.77%
- 10Y*
- -0.02%
GIL5.L
- 1D
- 0.00%
- 1M
- -0.11%
- 6M
- 0.57%
- YTD
- 0.80%
- 1Y
- 2.70%
- 3Y*
- 4.44%
- 5Y*
- 1.35%
- 10Y*
- —
IBGY.L vs. GIL5.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IBGY.L iShares € Govt Bond 5-7yr UCITS ETF EUR (Dist) | -4.44% | 7.76% | -2.63% | 4.85% | -10.06% | -8.35% | 8.45% | -0.79% | 1.40% | 3.93% |
GIL5.L Lyxor UK Government Bond 0-5Y (DR) UCITS ETF - Dist | 0.80% | 5.18% | 2.48% | 4.02% | -4.53% | -1.89% | 1.65% | 7.87% | 13.01% | 13.51% |
Correlation
The correlation between IBGY.L and GIL5.L is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Aug 1, 2016 | 0.44 |
The correlation between IBGY.L and GIL5.L has been stable across timeframes, ranging from 0.44 to 0.54 - 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
IBGY.L vs. GIL5.L — Risk / Return Rank
IBGY.L
GIL5.L
IBGY.L vs. GIL5.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares € Govt Bond 5-7yr UCITS ETF EUR (Dist) (IBGY.L) and Lyxor UK Government Bond 0-5Y (DR) UCITS ETF - Dist (GIL5.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.
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.
| IBGY.L | GIL5.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.82 | ||
| Sortino ratioReturn per unit of downside risk | -2.53 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.25 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | -0.48 | 1.40 | -1.88 |
| Martin ratioReturn relative to average drawdown | -1.04 | 4.57 | -5.61 |
Loading charts...
Drawdowns
IBGY.L vs. GIL5.L - Drawdown Comparison
The maximum IBGY.L drawdown since its inception was -22.02%, which is greater than GIL5.L's maximum drawdown of -9.43%. Use the drawdown chart below to compare losses from any high point for IBGY.L and GIL5.L.
Loading charts...
Drawdown Indicators
| IBGY.L | GIL5.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.02% | -9.43% | -12.59% |
Max Drawdown (1Y)Largest decline over 1 year | -5.89% | -1.92% | -3.97% |
Max Drawdown (3Y)Largest decline over 3 years | -5.89% | -1.92% | -3.97% |
Max Drawdown (5Y)Largest decline over 5 years | -16.81% | -8.73% | -8.08% |
Max Drawdown (10Y)Largest decline over 10 years | -22.02% | — | — |
Current DrawdownCurrent decline from peak | -15.22% | -0.34% | -14.88% |
Average DrawdownAverage peak-to-trough decline | -10.11% | -1.50% | -8.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.70% | 0.59% | +2.11% |
Volatility
IBGY.L vs. GIL5.L - Volatility Comparison
iShares € Govt Bond 5-7yr UCITS ETF EUR (Dist) (IBGY.L) has a higher volatility of 1.44% compared to Lyxor UK Government Bond 0-5Y (DR) UCITS ETF - Dist (GIL5.L) at 0.54%. This indicates that IBGY.L's price experiences larger fluctuations and is considered to be riskier than GIL5.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IBGY.L | GIL5.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.44% | 0.54% | +0.90% |
Volatility (6M)Calculated over the trailing 6-month period | 4.41% | 1.75% | +2.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.35% | 2.08% | +3.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.83% | 2.63% | +4.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.51% | 5.55% | +1.96% |
IBGY.L vs. GIL5.L - Expense Ratio Comparison
IBGY.L has a 0.15% expense ratio, which is higher than GIL5.L'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
IBGY.L vs. GIL5.L - Dividend Comparison
IBGY.L has not paid dividends to shareholders, while GIL5.L's dividend yield for the trailing twelve months is around 2.33%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GIL5.L Lyxor UK Government Bond 0-5Y (DR) UCITS ETF - Dist | 2.33% | 2.34% | 1.94% | 1.36% | 1.39% | 1.60% | 2.26% | 9.10% | 14.61% | 15.85% | 7.81% | 0.00% |
IBGY.L iShares € Govt Bond 5-7yr UCITS ETF EUR (Dist) | 0.00% | 2.60% | 2.59% | 0.84% | 0.00% | 0.00% | 0.13% | 0.51% | 0.34% | 0.22% | 0.48% | 0.35% |
Frequently Asked Questions
IBGY.L and GIL5.L have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GIL5.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GIL5.L is cheaper with a 0.05% expense ratio, compared with 0.15% for IBGY.L.
IBGY.L tracks BBG Euro Government Bond 5-7 Year Term Index, while GIL5.L tracks FTSE Act UK Cnvt Gilts All Stocks TR GBP. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.15% for IBGY.L and 0.05% for GIL5.L.
Find the right allocation for IBGY.L and GIL5.L
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