IGL5.L vs. DDGC.L

Last updated Jun 26, 2026

IGL5.L (iShares UK Gilts 0-5yr UCITS ETF GBP (Acc)) and DDGC.L (Dimensional Global Core Equity UCITS ETF USD Acc) are both exchange-traded funds - IGL5.L is a European Government Bonds fund tracking the FTSE Actuaries UK Conventional Gilts up to 5 Years Index (GBP), while DDGC.L is a Global Equities fund actively managed by Dimensional. IGL5.L is passively managed, while DDGC.L is actively managed. At a 0.42 correlation, their price movements are largely independent. IGL5.L charges 0.07%/yr vs 0.26%/yr for DDGC.L.

Performance

IGL5.L vs. DDGC.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares UK Gilts 0-5yr UCITS ETF GBP (Acc) (IGL5.L) and Dimensional Global Core Equity UCITS ETF USD Acc (DDGC.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

IGL5.L is traded in GBP, while DDGC.L is traded in USD. To make them comparable, the DDGC.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, IGL5.L achieves a 1.62% return, which is significantly lower than DDGC.L's 11.76% return.

IGL5.L

• 1D: 0.00%
• 1M: 0.71%
• YTD: 1.62%
• 6M: 1.25%
• 1Y: 3.28%
• 3Y*: 4.78%
• 5Y*: —
• 10Y*: —

DDGC.L

• 1D: 0.00%
• 1M: 1.80%
• YTD: 11.76%
• 6M: 11.83%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IGL5.L vs. DDGC.L - Yearly Performance Comparison

	2026 (YTD)	2025
IGL5.L iShares UK Gilts 0-5yr UCITS ETF GBP (Acc)	1.62%	0.00%
DDGC.L Dimensional Global Core Equity UCITS ETF USD Acc	11.76%	1.55%

Correlation

The correlation between IGL5.L and DDGC.L is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 24, 2025	0.42

Return for Risk

IGL5.L vs. DDGC.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IGL5.L

IGL5.L Risk / Return Rank: 41
IGL5.L Sharpe Ratio Rank: 39
IGL5.L Sortino Ratio Rank: 40
IGL5.L Omega Ratio Rank: 49
IGL5.L Calmar Ratio Rank: 37
IGL5.L Martin Ratio Rank: 39

DDGC.L

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IGL5.L vs. DDGC.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares UK Gilts 0-5yr UCITS ETF GBP (Acc) (IGL5.L) and Dimensional Global Core Equity UCITS ETF USD Acc (DDGC.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.

	IGL5.L	DDGC.L	Difference
Sharpe ratio: Return per unit of total volatility	1.27	—	—
Sortino ratio: Return per unit of downside risk	1.88	—	—
Omega ratio: Gain probability vs. loss probability	1.28	—	—
Calmar ratio: Return relative to maximum drawdown	1.68	—	—
Martin ratio: Return relative to average drawdown	5.68	—	—

Drawdowns

IGL5.L vs. DDGC.L - Drawdown Comparison

The maximum IGL5.L drawdown since its inception was -2.00%, smaller than the maximum DDGC.L drawdown of -6.20%. Use the drawdown chart below to compare losses from any high point for IGL5.L and DDGC.L.

Drawdown Indicators

	IGL5.L	DDGC.L	Difference
Max Drawdown Largest peak-to-trough decline	-2.00%	-6.20%	+4.20%
Max Drawdown (1Y) Largest decline over 1 year	-1.94%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-1.94%	—	—
Current Drawdown Current decline from peak	0.00%	-0.29%	+0.29%
Average Drawdown Average peak-to-trough decline	-0.31%	-1.23%	+0.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.58%	—	—

Volatility

Volatility by Period

	IGL5.L	DDGC.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.59%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.23%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.58%	11.04%	-8.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.57%	11.04%	-8.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.57%	11.04%	-8.47%

IGL5.L vs. DDGC.L - Expense Ratio Comparison

IGL5.L has a 0.07% expense ratio, which is lower than DDGC.L's 0.26% 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

IGL5.L vs. DDGC.L - Dividend Comparison

Neither IGL5.L nor DDGC.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both IGL5.L and DDGC.L in my portfolio?

IGL5.L and DDGC.L have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IGL5.L or DDGC.L?

On fees, IGL5.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IGL5.L or DDGC.L?

IGL5.L is cheaper with a 0.07% expense ratio, compared with 0.26% for DDGC.L.

What is the main difference between IGL5.L and DDGC.L?

IGL5.L is categorized as European Government Bonds, while DDGC.L is Global Equities. They also come from different issuers: iShares and Dimensional. Their fees differ too: 0.07% for IGL5.L and 0.26% for DDGC.L.