IGLO.L vs. SUSC
IGLO.L (iShares Global Government Bond UCITS) and SUSC (iShares ESG Aware USD Corporate Bond ETF) are both exchange-traded funds - IGLO.L is a Global Bonds fund tracking the Bloomberg Global Aggregate TR USD, while SUSC is a Corporate Bonds fund tracking the Bloomberg MSCI US Corporate ESG Focus Index. Both are passively managed. Over the past 5 years, IGLO.L returned -3.38%/yr vs 0.19%/yr for SUSC. A 0.54 correlation means they provide meaningful diversification when combined. IGLO.L charges 0.20%/yr vs 0.18%/yr for SUSC.
Performance
IGLO.L vs. SUSC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IGLO.L achieves a -1.54% return, which is significantly lower than SUSC's 0.69% return.
IGLO.L
- 1D
- 0.58%
- 1M
- 0.10%
- YTD
- -1.54%
- 6M
- -0.59%
- 1Y
- -0.32%
- 3Y*
- 1.50%
- 5Y*
- -3.38%
- 10Y*
- -0.86%
SUSC
- 1D
- -0.11%
- 1M
- 0.60%
- YTD
- 0.69%
- 6M
- 1.16%
- 1Y
- 5.55%
- 3Y*
- 5.35%
- 5Y*
- 0.19%
- 10Y*
- —
IGLO.L vs. SUSC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IGLO.L iShares Global Government Bond UCITS | -1.54% | 7.14% | -3.65% | 4.00% | -17.69% | -6.89% | 9.37% | 5.54% | -0.30% | 1.65% |
SUSC iShares ESG Aware USD Corporate Bond ETF | 0.69% | 7.57% | 1.91% | 8.58% | -15.95% | -1.57% | 9.57% | 14.43% | -3.13% | 1.74% |
Correlation
The correlation between IGLO.L and SUSC is 0.56, 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 | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.64 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Jul 20, 2017 | 0.54 |
The correlation between IGLO.L and SUSC shifts across timeframes, from 0.54 (all time) to 0.64 (3 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IGLO.L vs. SUSC — Risk / Return Rank
IGLO.L
SUSC
IGLO.L vs. SUSC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Government Bond UCITS (IGLO.L) and iShares ESG Aware USD Corporate Bond ETF (SUSC). 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.
| IGLO.L | SUSC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.24 | ||
| Sortino ratioReturn per unit of downside risk | -1.79 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.20 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | -0.13 | 1.74 | -1.87 |
| Martin ratioReturn relative to average drawdown | -0.31 | 5.32 | -5.64 |
Loading charts...
Drawdowns
IGLO.L vs. SUSC - Drawdown Comparison
The maximum IGLO.L drawdown since its inception was -28.01%, which is greater than SUSC's maximum drawdown of -22.42%. Use the drawdown chart below to compare losses from any high point for IGLO.L and SUSC.
Loading charts...
Drawdown Indicators
| IGLO.L | SUSC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.01% | -22.42% | -5.59% |
Max Drawdown (1Y)Largest decline over 1 year | -4.28% | -2.87% | -1.41% |
Max Drawdown (3Y)Largest decline over 3 years | -7.93% | -6.57% | -1.36% |
Max Drawdown (5Y)Largest decline over 5 years | -25.88% | -22.42% | -3.46% |
Max Drawdown (10Y)Largest decline over 10 years | -28.01% | — | — |
Current DrawdownCurrent decline from peak | -19.01% | -1.15% | -17.86% |
Average DrawdownAverage peak-to-trough decline | -9.03% | -5.87% | -3.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.75% | 0.94% | +0.81% |
Volatility
IGLO.L vs. SUSC - Volatility Comparison
iShares Global Government Bond UCITS (IGLO.L) has a higher volatility of 2.08% compared to iShares ESG Aware USD Corporate Bond ETF (SUSC) at 1.47%. This indicates that IGLO.L's price experiences larger fluctuations and is considered to be riskier than SUSC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IGLO.L | SUSC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.08% | 1.47% | +0.61% |
Volatility (6M)Calculated over the trailing 6-month period | 4.42% | 3.30% | +1.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.92% | 4.41% | +1.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.47% | 7.19% | +0.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.67% | 7.62% | -0.95% |
IGLO.L vs. SUSC - Expense Ratio Comparison
IGLO.L has a 0.20% expense ratio, which is higher than SUSC's 0.18% 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
IGLO.L vs. SUSC - Dividend Comparison
IGLO.L's dividend yield for the trailing twelve months is around 3.09%, less than SUSC's 4.48% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGLO.L iShares Global Government Bond UCITS | 3.09% | 2.86% | 2.51% | 1.47% | 0.78% | 0.63% | 0.99% | 1.21% | 1.07% | 0.93% | 1.09% | 0.60% |
SUSC iShares ESG Aware USD Corporate Bond ETF | 4.48% | 4.37% | 4.34% | 3.83% | 2.97% | 2.21% | 2.19% | 3.07% | 3.33% | 1.33% | 0.00% | 0.00% |
Frequently Asked Questions
IGLO.L and SUSC have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SUSC is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SUSC is cheaper with a 0.18% expense ratio, compared with 0.20% for IGLO.L.
IGLO.L is categorized as Global Bonds, while SUSC is Corporate Bonds. IGLO.L tracks Bloomberg Global Aggregate TR USD, while SUSC tracks Bloomberg MSCI US Corporate ESG Focus Index. Their fees differ too: 0.20% for IGLO.L and 0.18% for SUSC.
Find the right allocation for IGLO.L and SUSC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer