IGLH.L vs. SGLO.L
Compare and contrast key facts about iShares Global Government Bond UCITS ETF GBP Hedged (Dist) (IGLH.L) and iShares Global Government Bond UCITS ETF USD (Dist) (SGLO.L).
IGLH.L and SGLO.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IGLH.L is a passively managed fund by iShares that tracks the performance of the Bloomberg Global Aggregate TR Hdg GBP. It was launched on Mar 20, 2018. SGLO.L is a passively managed fund by iShares that tracks the performance of the Bloomberg Global Aggregate TR USD. It was launched on Mar 6, 2009. Both IGLH.L and SGLO.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IGLH.L or SGLO.L.
Key characteristics
| IGLH.L | SGLO.L | |
|---|---|---|
| YTD Return | 3.03% | -0.23% |
| 1Y Return | 7.87% | 3.07% |
| 3Y Return (Ann) | -2.58% | -3.40% |
| 5Y Return (Ann) | -1.14% | -3.00% |
| Sharpe Ratio | 1.48 | 0.47 |
| Daily Std Dev | 5.20% | 6.09% |
| Max Drawdown | -18.45% | -25.54% |
| Current Drawdown | -10.14% | -21.58% |
Correlation
The correlation between IGLH.L and SGLO.L is 0.70, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
IGLH.L vs. SGLO.L - Performance Comparison
In the year-to-date period, IGLH.L achieves a 3.03% return, which is significantly higher than SGLO.L's -0.23% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IGLH.L vs. SGLO.L - Expense Ratio Comparison
IGLH.L has a 0.25% expense ratio, which is higher than SGLO.L's 0.20% 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%.
Risk-Adjusted Performance
IGLH.L vs. SGLO.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Government Bond UCITS ETF GBP Hedged (Dist) (IGLH.L) and iShares Global Government Bond UCITS ETF USD (Dist) (SGLO.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.
Dividends
IGLH.L vs. SGLO.L - Dividend Comparison
IGLH.L's dividend yield for the trailing twelve months is around 2.28%, less than SGLO.L's 3.12% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGLH.L iShares Global Government Bond UCITS ETF GBP Hedged (Dist) | 2.28% | 1.40% | 0.73% | 0.55% | 0.97% | 1.19% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SGLO.L iShares Global Government Bond UCITS ETF USD (Dist) | 3.12% | 1.88% | 0.95% | 0.84% | 1.35% | 1.59% | 1.37% | 1.26% | 1.34% | 0.89% | 2.37% | 2.30% |
Drawdowns
IGLH.L vs. SGLO.L - Drawdown Comparison
The maximum IGLH.L drawdown since its inception was -18.45%, smaller than the maximum SGLO.L drawdown of -25.54%. Use the drawdown chart below to compare losses from any high point for IGLH.L and SGLO.L. For additional features, visit the drawdowns tool.
Volatility
IGLH.L vs. SGLO.L - Volatility Comparison
iShares Global Government Bond UCITS ETF GBP Hedged (Dist) (IGLH.L) and iShares Global Government Bond UCITS ETF USD (Dist) (SGLO.L) have volatilities of 2.24% and 2.27%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.