IGL5.L vs. ERNS.L
Compare and contrast key facts about iShares UK Gilts 0-5yr UCITS ETF GBP (Acc) (IGL5.L) and iShares £ Ultrashort Bond UCITS ETF GBP (Dist) (ERNS.L).
IGL5.L and ERNS.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IGL5.L is a passively managed fund by iShares that tracks the performance of the FTSE Actuaries UK Conventional Gilts up to 5 Years Index (GBP). It was launched on Apr 19, 2023. ERNS.L is an actively managed fund by iShares. It was launched on Oct 16, 2013.
Performance
IGL5.L vs. ERNS.L - Performance Comparison
Loading graphics...
IGL5.L vs. ERNS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
IGL5.L iShares UK Gilts 0-5yr UCITS ETF GBP (Acc) | 0.47% | 4.56% | 2.68% | 4.14% |
ERNS.L iShares £ Ultrashort Bond UCITS ETF GBP (Dist) | 0.75% | 4.84% | 5.54% | 3.36% |
Returns By Period
In the year-to-date period, IGL5.L achieves a 0.47% return, which is significantly lower than ERNS.L's 0.75% return.
IGL5.L
- 1D
- 0.41%
- 1M
- -0.92%
- YTD
- 0.47%
- 6M
- 1.35%
- 1Y
- 3.67%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ERNS.L
- 1D
- -0.02%
- 1M
- 0.31%
- YTD
- 0.75%
- 6M
- 2.01%
- 1Y
- 4.45%
- 3Y*
- 5.06%
- 5Y*
- 3.46%
- 10Y*
- 2.13%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IGL5.L vs. ERNS.L - Expense Ratio Comparison
IGL5.L has a 0.07% expense ratio, which is lower than ERNS.L's 0.09% 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%.
Return for Risk
IGL5.L vs. ERNS.L — Risk / Return Rank
IGL5.L
ERNS.L
IGL5.L vs. ERNS.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 iShares £ Ultrashort Bond UCITS ETF GBP (Dist) (ERNS.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.
| IGL5.L | ERNS.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.91 | 5.30 | -3.39 |
Sortino ratioReturn per unit of downside risk | 2.73 | 9.12 | -6.39 |
Omega ratioGain probability vs. loss probability | 1.40 | 2.40 | -1.01 |
Calmar ratioReturn relative to maximum drawdown | 1.92 | 22.57 | -20.64 |
Martin ratioReturn relative to average drawdown | 9.35 | 109.56 | -100.21 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| IGL5.L | ERNS.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.91 | 5.30 | -3.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 4.18 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 2.33 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.96 | 2.19 | -0.23 |
Correlation
The correlation between IGL5.L and ERNS.L is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
IGL5.L vs. ERNS.L - Dividend Comparison
IGL5.L has not paid dividends to shareholders, while ERNS.L's dividend yield for the trailing twelve months is around 5.69%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGL5.L iShares UK Gilts 0-5yr UCITS ETF GBP (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% |
ERNS.L iShares £ Ultrashort Bond UCITS ETF GBP (Dist) | 5.69% | 4.65% | 5.42% | 4.54% | 1.14% | 0.28% | 0.75% | 1.04% | 0.74% | 0.52% | 0.81% | 0.72% |
Drawdowns
IGL5.L vs. ERNS.L - Drawdown Comparison
The maximum IGL5.L drawdown since its inception was -1.89%, which is greater than ERNS.L's maximum drawdown of -1.51%. Use the drawdown chart below to compare losses from any high point for IGL5.L and ERNS.L.
Loading graphics...
Drawdown Indicators
| IGL5.L | ERNS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.89% | -1.51% | -0.38% |
Max Drawdown (1Y)Largest decline over 1 year | -1.89% | -0.19% | -1.70% |
Max Drawdown (5Y)Largest decline over 5 years | — | -0.36% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -1.51% | — |
Current DrawdownCurrent decline from peak | -1.08% | -0.02% | -1.06% |
Average DrawdownAverage peak-to-trough decline | -0.28% | -0.05% | -0.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.39% | 0.04% | +0.35% |
Volatility
IGL5.L vs. ERNS.L - Volatility Comparison
iShares UK Gilts 0-5yr UCITS ETF GBP (Acc) (IGL5.L) has a higher volatility of 1.15% compared to iShares £ Ultrashort Bond UCITS ETF GBP (Dist) (ERNS.L) at 0.29%. This indicates that IGL5.L's price experiences larger fluctuations and is considered to be riskier than ERNS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| IGL5.L | ERNS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.15% | 0.29% | +0.86% |
Volatility (6M)Calculated over the trailing 6-month period | 1.58% | 0.60% | +0.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.92% | 0.84% | +1.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.11% | 0.83% | +1.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.11% | 0.91% | +1.20% |