IE15.L vs. 0GGH.L
IE15.L (iShares € Corp Bond 1-5yr UCITS ETF EUR (Dist)) and 0GGH.L (iShares Core Global Aggregate Bond UCITS ETF EUR Hedged (Acc)) are both Global Bonds funds from iShares - IE15.L tracks the iShares € Corp Bond 1-5yr UCITS ETF EUR (Dist) while 0GGH.L tracks the Bloomberg Global Aggregate Bond Index. Both are passively managed. Over the past 5 years, IE15.L returned 0.69%/yr vs -1.55%/yr for 0GGH.L. At a 0.48 correlation, their price movements are largely independent. IE15.L charges 0.20%/yr vs 0.10%/yr for 0GGH.L.
Performance
IE15.L vs. 0GGH.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IE15.L achieves a -1.14% return, which is significantly lower than 0GGH.L's -0.48% return.
IE15.L
- 1D
- -0.18%
- 1M
- -0.30%
- 6M
- -1.34%
- YTD
- -1.14%
- 1Y
- -0.17%
- 3Y*
- 3.65%
- 5Y*
- 0.69%
- 10Y*
- 0.76%
0GGH.L
- 1D
- -0.08%
- 1M
- -0.69%
- 6M
- -0.69%
- YTD
- -0.48%
- 1Y
- 1.16%
- 3Y*
- 2.17%
- 5Y*
- -1.55%
- 10Y*
- —
IE15.L vs. 0GGH.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IE15.L iShares € Corp Bond 1-5yr UCITS ETF EUR (Dist) | -1.14% | 3.42% | 4.34% | 5.77% | -7.79% | -0.34% | 1.06% | 2.63% | -0.65% | -0.23% |
0GGH.L iShares Core Global Aggregate Bond UCITS ETF EUR Hedged (Acc) | -0.48% | 2.71% | 1.27% | 4.35% | -13.33% | -2.45% | 3.79% | 4.91% | -1.24% | -0.35% |
Correlation
The correlation between IE15.L and 0GGH.L is 0.64, 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 | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Nov 23, 2017 | 0.48 |
The correlation between IE15.L and 0GGH.L shifts across timeframes, from 0.48 (all time) to 0.64 (1 year), reflecting how their relationship changes across market environments.
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
IE15.L vs. 0GGH.L — Risk / Return Rank
IE15.L
0GGH.L
IE15.L vs. 0GGH.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares € Corp Bond 1-5yr UCITS ETF EUR (Dist) (IE15.L) and iShares Core Global Aggregate Bond UCITS ETF EUR Hedged (Acc) (0GGH.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.
| IE15.L | 0GGH.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.40 | ||
| Sortino ratioReturn per unit of downside risk | -0.55 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.05 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | -0.10 | 0.34 | -0.44 |
| Martin ratioReturn relative to average drawdown | -0.25 | 0.86 | -1.11 |
Loading charts...
Drawdowns
IE15.L vs. 0GGH.L - Drawdown Comparison
The maximum IE15.L drawdown since its inception was -10.14%, smaller than the maximum 0GGH.L drawdown of -21.17%. Use the drawdown chart below to compare losses from any high point for IE15.L and 0GGH.L.
Loading charts...
Drawdown Indicators
| IE15.L | 0GGH.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.14% | -21.17% | +11.03% |
Max Drawdown (1Y)Largest decline over 1 year | -2.86% | -2.80% | -0.06% |
Max Drawdown (3Y)Largest decline over 3 years | -2.86% | -3.90% | +1.04% |
Max Drawdown (5Y)Largest decline over 5 years | -10.14% | -21.17% | +11.03% |
Max Drawdown (10Y)Largest decline over 10 years | -10.14% | — | — |
Current DrawdownCurrent decline from peak | -1.39% | -12.70% | +11.31% |
Average DrawdownAverage peak-to-trough decline | -1.46% | -8.72% | +7.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.16% | 1.10% | +0.06% |
Volatility
IE15.L vs. 0GGH.L - Volatility Comparison
The current volatility for iShares € Corp Bond 1-5yr UCITS ETF EUR (Dist) (IE15.L) is 0.59%, while iShares Core Global Aggregate Bond UCITS ETF EUR Hedged (Acc) (0GGH.L) has a volatility of 0.99%. This indicates that IE15.L experiences smaller price fluctuations and is considered to be less risky than 0GGH.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IE15.L | 0GGH.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.59% | 0.99% | -0.40% |
Volatility (6M)Calculated over the trailing 6-month period | 1.85% | 2.75% | -0.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.50% | 3.33% | -0.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.75% | 24.29% | -21.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.32% | 20.91% | -17.59% |
IE15.L vs. 0GGH.L - Expense Ratio Comparison
IE15.L has a 0.20% expense ratio, which is higher than 0GGH.L's 0.10% 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
IE15.L vs. 0GGH.L - Dividend Comparison
IE15.L's dividend yield for the trailing twelve months is around 3.00%, while 0GGH.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
0GGH.L iShares Core Global Aggregate Bond UCITS ETF EUR Hedged (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IE15.L iShares € Corp Bond 1-5yr UCITS ETF EUR (Dist) | 3.00% | 2.92% | 2.50% | 1.41% | 0.51% | 0.57% | 0.59% | 0.62% | 0.62% | 0.68% | 0.90% | 0.56% |
Frequently Asked Questions
IE15.L and 0GGH.L have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 0GGH.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
0GGH.L is cheaper with a 0.10% expense ratio, compared with 0.20% for IE15.L.
IE15.L tracks iShares € Corp Bond 1-5yr UCITS ETF EUR (Dist), while 0GGH.L tracks Bloomberg Global Aggregate Bond Index. Their fees differ too: 0.20% for IE15.L and 0.10% for 0GGH.L.
Find the right allocation for IE15.L and 0GGH.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