IDBT.L vs. SGLN.L
IDBT.L (iShares $ Treasury Bond 1-3yr UCITS ETF) and SGLN.L (iShares Physical Gold ETC) are both exchange-traded funds - IDBT.L is a Government Bonds fund tracking the iShares $ Treasury Bond 1-3yr UCITS ETF, while SGLN.L is a Gold fund tracking the LBMA Gold Price. Both are passively managed. Over the past 10 years, IDBT.L returned 1.76%/yr vs 11.67%/yr for SGLN.L. At a 0.28 correlation, their price movements are largely independent. IDBT.L charges 0.07%/yr vs 0.12%/yr for SGLN.L.
Performance
IDBT.L vs. SGLN.L - Performance Comparison
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Different Trading Currencies
IDBT.L is traded in USD, while SGLN.L is traded in GBp. To make them comparable, the SGLN.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, IDBT.L achieves a 0.76% return, which is significantly higher than SGLN.L's -5.86% return. Over the past 10 years, IDBT.L has underperformed SGLN.L with an annualized return of 1.76%, while SGLN.L has yielded a comparatively higher 11.67% annualized return.
IDBT.L
- 1D
- 0.00%
- 1M
- 0.15%
- 6M
- 0.76%
- YTD
- 0.76%
- 1Y
- 3.38%
- 3Y*
- 4.30%
- 5Y*
- 1.93%
- 10Y*
- 1.76%
SGLN.L
- 1D
- -0.48%
- 1M
- -6.59%
- 6M
- -12.14%
- YTD
- -5.86%
- 1Y
- 21.94%
- 3Y*
- 27.43%
- 5Y*
- 17.42%
- 10Y*
- 11.67%
IDBT.L vs. SGLN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IDBT.L iShares $ Treasury Bond 1-3yr UCITS ETF | 0.76% | 5.28% | 4.03% | 4.16% | -3.71% | -0.64% | 3.13% | 3.67% | 1.34% | 0.33% |
SGLN.L iShares Physical Gold ETC | -5.86% | 65.25% | 26.06% | 12.89% | -0.12% | -3.71% | 23.60% | 19.23% | -1.55% | 11.36% |
Correlation
The correlation between IDBT.L and SGLN.L is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Apr 8, 2011 | 0.28 |
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Return for Risk
IDBT.L vs. SGLN.L — Risk / Return Rank
IDBT.L
SGLN.L
IDBT.L vs. SGLN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares $ Treasury Bond 1-3yr UCITS ETF (IDBT.L) and iShares Physical Gold ETC (SGLN.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.
| IDBT.L | SGLN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.78 | ||
| Sortino ratioReturn per unit of downside risk | +2.98 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.17 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 4.37 | 0.89 | +3.48 |
| Martin ratioReturn relative to average drawdown | 16.88 | 2.17 | +14.71 |
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Drawdowns
IDBT.L vs. SGLN.L - Drawdown Comparison
The maximum IDBT.L drawdown since its inception was -5.66%, smaller than the maximum SGLN.L drawdown of -56.74%. Use the drawdown chart below to compare losses from any high point for IDBT.L and SGLN.L.
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Drawdown Indicators
| IDBT.L | SGLN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.66% | -56.74% | +51.08% |
Max Drawdown (1Y)Largest decline over 1 year | -0.72% | -24.59% | +23.87% |
Max Drawdown (3Y)Largest decline over 3 years | -0.97% | -24.59% | +23.62% |
Max Drawdown (5Y)Largest decline over 5 years | -5.66% | -24.59% | +18.93% |
Max Drawdown (10Y)Largest decline over 10 years | -5.66% | -24.59% | +18.93% |
Current DrawdownCurrent decline from peak | 0.00% | -23.60% | +23.60% |
Average DrawdownAverage peak-to-trough decline | -0.56% | -32.94% | +32.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.19% | 10.09% | -9.90% |
Volatility
IDBT.L vs. SGLN.L - Volatility Comparison
The current volatility for iShares $ Treasury Bond 1-3yr UCITS ETF (IDBT.L) is 0.39%, while iShares Physical Gold ETC (SGLN.L) has a volatility of 6.98%. This indicates that IDBT.L experiences smaller price fluctuations and is considered to be less risky than SGLN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IDBT.L | SGLN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.39% | 6.98% | -6.59% |
Volatility (6M)Calculated over the trailing 6-month period | 0.92% | 22.13% | -21.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.21% | 25.64% | -24.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.99% | 22.88% | -20.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.77% | 18.87% | -17.10% |
IDBT.L vs. SGLN.L - Expense Ratio Comparison
IDBT.L has a 0.07% expense ratio, which is lower than SGLN.L's 0.12% 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%.
Dividends
IDBT.L vs. SGLN.L - Dividend Comparison
IDBT.L's dividend yield for the trailing twelve months is around 3.99%, while SGLN.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDBT.L iShares $ Treasury Bond 1-3yr UCITS ETF | 3.99% | 4.15% | 4.25% | 2.97% | 0.74% | 0.63% | 1.71% | 2.31% | 1.57% | 0.96% | 0.74% | 0.51% |
SGLN.L iShares Physical Gold ETC | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IDBT.L and SGLN.L have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IDBT.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IDBT.L is cheaper with a 0.07% expense ratio, compared with 0.12% for SGLN.L.
IDBT.L is categorized as Government Bonds, while SGLN.L is Gold. IDBT.L tracks iShares $ Treasury Bond 1-3yr UCITS ETF, while SGLN.L tracks LBMA Gold Price. Their fees differ too: 0.07% for IDBT.L and 0.12% for SGLN.L.
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