IEAC.L vs. 0GGH.L
IEAC.L (iShares Core € Corp Bond UCITS ETF EUR (Dist)) and 0GGH.L (iShares Core Global Aggregate Bond UCITS ETF EUR Hedged (Acc)) are both Global Bonds funds from iShares - IEAC.L tracks the iShares Core € Corp Bond UCITS ETF EUR (Dist) while 0GGH.L tracks the Bloomberg Global Aggregate Bond Index. Both are passively managed. Over the past 5 years, IEAC.L returned -0.45%/yr vs -1.55%/yr for 0GGH.L. A 0.54 correlation means they provide meaningful diversification when combined. IEAC.L charges 0.20%/yr vs 0.10%/yr for 0GGH.L.
Performance
IEAC.L vs. 0GGH.L - Performance Comparison
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Returns By Period
In the year-to-date period, IEAC.L achieves a -1.35% return, which is significantly lower than 0GGH.L's -0.48% return.
IEAC.L
- 1D
- -0.14%
- 1M
- -0.56%
- 6M
- -1.67%
- YTD
- -1.35%
- 1Y
- -0.20%
- 3Y*
- 3.85%
- 5Y*
- -0.45%
- 10Y*
- 0.64%
0GGH.L
- 1D
- -0.08%
- 1M
- -0.69%
- 6M
- -0.69%
- YTD
- -0.48%
- 1Y
- 1.16%
- 3Y*
- 2.17%
- 5Y*
- -1.55%
- 10Y*
- —
IEAC.L vs. 0GGH.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IEAC.L iShares Core € Corp Bond UCITS ETF EUR (Dist) | -1.35% | 3.22% | 4.32% | 7.42% | -13.36% | -1.07% | 2.60% | 6.20% | -1.47% | -0.24% |
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 IEAC.L and 0GGH.L is 0.66, 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 | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Nov 23, 2017 | 0.54 |
The correlation between IEAC.L and 0GGH.L shifts across timeframes, from 0.54 (all time) to 0.66 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IEAC.L vs. 0GGH.L — Risk / Return Rank
IEAC.L
0GGH.L
IEAC.L vs. 0GGH.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core € Corp Bond UCITS ETF EUR (Dist) (IEAC.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.
| IEAC.L | 0GGH.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.29 | ||
| Sortino ratioReturn per unit of downside risk | -0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.05 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.01 | 0.34 | -0.35 |
| Martin ratioReturn relative to average drawdown | -0.13 | 0.86 | -0.99 |
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Drawdowns
IEAC.L vs. 0GGH.L - Drawdown Comparison
The maximum IEAC.L drawdown since its inception was -24.28%, which is greater than 0GGH.L's maximum drawdown of -21.17%. Use the drawdown chart below to compare losses from any high point for IEAC.L and 0GGH.L.
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Drawdown Indicators
| IEAC.L | 0GGH.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.28% | -21.17% | -3.11% |
Max Drawdown (1Y)Largest decline over 1 year | -23.42% | -2.80% | -20.62% |
Max Drawdown (3Y)Largest decline over 3 years | -23.42% | -3.90% | -19.52% |
Max Drawdown (5Y)Largest decline over 5 years | -24.28% | -21.17% | -3.11% |
Max Drawdown (10Y)Largest decline over 10 years | -24.28% | — | — |
Current DrawdownCurrent decline from peak | -2.84% | -12.70% | +9.86% |
Average DrawdownAverage peak-to-trough decline | -3.03% | -8.72% | +5.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.01% | 1.10% | +0.91% |
Volatility
IEAC.L vs. 0GGH.L - Volatility Comparison
The current volatility for iShares Core € Corp Bond UCITS ETF EUR (Dist) (IEAC.L) is 0.87%, while iShares Core Global Aggregate Bond UCITS ETF EUR Hedged (Acc) (0GGH.L) has a volatility of 0.99%. This indicates that IEAC.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.
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Volatility by Period
| IEAC.L | 0GGH.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.87% | 0.99% | -0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 36.11% | 2.75% | +33.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.42% | 3.33% | +33.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.87% | 24.29% | -7.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.32% | 20.91% | -8.59% |
IEAC.L vs. 0GGH.L - Expense Ratio Comparison
IEAC.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
IEAC.L vs. 0GGH.L - Dividend Comparison
IEAC.L's dividend yield for the trailing twelve months is around 3.30%, 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% |
IEAC.L iShares Core € Corp Bond UCITS ETF EUR (Dist) | 3.30% | 3.29% | 3.39% | 2.51% | 0.84% | 0.81% | 0.84% | 1.10% | 0.98% | 1.52% | 1.66% | 0.90% |
Frequently Asked Questions
IEAC.L and 0GGH.L have a correlation of 0.66, 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 IEAC.L.
IEAC.L tracks iShares Core € Corp Bond UCITS ETF EUR (Dist), while 0GGH.L tracks Bloomberg Global Aggregate Bond Index. Their fees differ too: 0.20% for IEAC.L and 0.10% for 0GGH.L.
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