IE15.L vs. FVUG.L
IE15.L (iShares € Corp Bond 1-5yr UCITS ETF EUR (Dist)) and FVUG.L (Franklin Sustainable Euro Green Bond UCITS ETF EUR (Acc)) are both exchange-traded funds - IE15.L is a Short-Term Bond fund tracking the BBG Euro Corp 1-5 Yrs (EUR), while FVUG.L is a Green Bonds fund tracking the Bloomberg Global Aggregate EUR Green Bond Index. Both are passively managed. Over the past 5 years, IE15.L returned 0.68%/yr vs -2.20%/yr for FVUG.L. A 0.54 correlation means they provide meaningful diversification when combined. IE15.L charges 0.20%/yr vs 0.25%/yr for FVUG.L.
Performance
IE15.L vs. FVUG.L - Performance Comparison
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Different Trading Currencies
IE15.L is traded in EUR, while FVUG.L is traded in GBP. To make them comparable, the FVUG.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, IE15.L achieves a -1.15% return, which is significantly lower than FVUG.L's 0.47% return.
IE15.L
- 1D
- -0.04%
- 1M
- -0.18%
- 6M
- 0.17%
- YTD
- -1.15%
- 1Y
- -0.29%
- 3Y*
- 3.52%
- 5Y*
- 0.68%
- 10Y*
- 0.76%
FVUG.L
- 1D
- 0.17%
- 1M
- -0.73%
- 6M
- 0.08%
- YTD
- 0.47%
- 1Y
- 1.07%
- 3Y*
- 3.09%
- 5Y*
- -2.20%
- 10Y*
- —
IE15.L vs. FVUG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
IE15.L iShares € Corp Bond 1-5yr UCITS ETF EUR (Dist) | -1.15% | 3.42% | 4.34% | 5.77% | -7.79% | -0.34% | 1.06% | 0.69% |
FVUG.L Franklin Sustainable Euro Green Bond UCITS ETF EUR (Acc) | 0.47% | 0.32% | 2.84% | 7.88% | -18.91% | -3.45% | 5.27% | -10.07% |
Correlation
The correlation between IE15.L and FVUG.L is 0.57, 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 | 0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.66 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Apr 29, 2019 | 0.54 |
The correlation between IE15.L and FVUG.L shifts across timeframes, from 0.54 (all time) to 0.67 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
IE15.L vs. FVUG.L — Risk / Return Rank
IE15.L
FVUG.L
IE15.L vs. FVUG.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 Franklin Sustainable Euro Green Bond UCITS ETF EUR (Acc) (FVUG.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 | FVUG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.38 | ||
| Sortino ratioReturn per unit of downside risk | -0.54 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.05 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.10 | 0.39 | -0.49 |
| Martin ratioReturn relative to average drawdown | -0.25 | 1.07 | -1.32 |
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Drawdowns
IE15.L vs. FVUG.L - Drawdown Comparison
The maximum IE15.L drawdown since its inception was -10.14%, smaller than the maximum FVUG.L drawdown of -28.06%. Use the drawdown chart below to compare losses from any high point for IE15.L and FVUG.L.
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Drawdown Indicators
| IE15.L | FVUG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.14% | -28.06% | +17.92% |
Max Drawdown (1Y)Largest decline over 1 year | -2.86% | -2.76% | -0.10% |
Max Drawdown (3Y)Largest decline over 3 years | -2.86% | -3.63% | +0.77% |
Max Drawdown (5Y)Largest decline over 5 years | -10.14% | -22.84% | +12.70% |
Max Drawdown (10Y)Largest decline over 10 years | -10.14% | — | — |
Current DrawdownCurrent decline from peak | -1.40% | -17.68% | +16.28% |
Average DrawdownAverage peak-to-trough decline | -1.46% | -16.46% | +15.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.16% | 1.00% | +0.16% |
Volatility
IE15.L vs. FVUG.L - Volatility Comparison
The current volatility for iShares € Corp Bond 1-5yr UCITS ETF EUR (Dist) (IE15.L) is 0.58%, while Franklin Sustainable Euro Green Bond UCITS ETF EUR (Acc) (FVUG.L) has a volatility of 1.15%. This indicates that IE15.L experiences smaller price fluctuations and is considered to be less risky than FVUG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IE15.L | FVUG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.58% | 1.15% | -0.57% |
Volatility (6M)Calculated over the trailing 6-month period | 1.85% | 3.37% | -1.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.50% | 4.09% | -1.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.75% | 6.16% | -3.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.32% | 8.12% | -4.80% |
IE15.L vs. FVUG.L - Expense Ratio Comparison
IE15.L has a 0.20% expense ratio, which is lower than FVUG.L's 0.25% 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
IE15.L vs. FVUG.L - Dividend Comparison
IE15.L's dividend yield for the trailing twelve months is around 1.51%, while FVUG.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FVUG.L Franklin Sustainable Euro Green Bond UCITS ETF EUR (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) | 1.51% | 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 FVUG.L have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IE15.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IE15.L is cheaper with a 0.20% expense ratio, compared with 0.25% for FVUG.L.
IE15.L is categorized as Short-Term Bond, while FVUG.L is Green Bonds. IE15.L tracks BBG Euro Corp 1-5 Yrs (EUR), while FVUG.L tracks Bloomberg Global Aggregate EUR Green Bond Index. They also come from different issuers: iShares and Franklin. Their fees differ too: 0.20% for IE15.L and 0.25% for FVUG.L.
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