IGLS.L vs. IGLT.L

Last updated Apr 2, 2026

Compare and contrast key facts about iShares UK Gilts 0-5yr UCITS ETF GBP (Dist) (IGLS.L) and iShares Core UK Gilts UCITS ETF (IGLT.L).

IGLS.L and IGLT.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IGLS.L is a passively managed fund by iShares that tracks the performance of the FTSE Act UK Cnvt Gilts All Stocks TR GBP. It was launched on Apr 17, 2009. IGLT.L is a passively managed fund by iShares that tracks the performance of the FTSE Actuaries UK Conventional Gilts All Stocks Index. It was launched on Dec 1, 2006. Both IGLS.L and IGLT.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.

Performance

IGLS.L vs. IGLT.L - Performance Comparison

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

IGLS.L vs. IGLT.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IGLS.L iShares UK Gilts 0-5yr UCITS ETF GBP (Dist)	-0.30%	5.26%	2.65%	4.19%	-4.45%	-1.68%	1.49%	1.05%	0.13%	-0.38%
IGLT.L iShares Core UK Gilts UCITS ETF	-0.83%	4.69%	-3.33%	3.56%	-23.71%	-5.03%	8.08%	6.70%	0.53%	1.39%

Returns By Period

In the year-to-date period, IGLS.L achieves a -0.30% return, which is significantly higher than IGLT.L's -0.83% return. Over the past 10 years, IGLS.L has outperformed IGLT.L with an annualized return of 0.86%, while IGLT.L has yielded a comparatively lower -0.72% annualized return.

IGLS.L

• 1D: 0.29%
• 1M: -0.93%
• YTD: -0.30%
• 6M: 1.23%
• 1Y: 3.55%
• 3Y*: 3.62%
• 5Y*: 1.22%
• 10Y*: 0.86%

IGLT.L

• 1D: 0.69%
• 1M: -2.75%
• YTD: -0.83%
• 6M: 1.85%
• 1Y: 2.96%
• 3Y*: 0.64%
• 5Y*: -4.19%
• 10Y*: -0.72%

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

IGLS.L vs. IGLT.L - Expense Ratio Comparison

Both IGLS.L and IGLT.L have an expense ratio of 0.07%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

IGLS.L

iShares UK Gilts 0-5yr UCITS ETF GBP (Dist)

IGLT.L

iShares Core UK Gilts UCITS ETF

Return for Risk

IGLS.L vs. IGLT.L — Risk / Return Rank

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

IGLS.L

IGLS.L Risk / Return Rank: 80
IGLS.L Sharpe Ratio Rank: 84
IGLS.L Sortino Ratio Rank: 86
IGLS.L Omega Ratio Rank: 85
IGLS.L Calmar Ratio Rank: 69
IGLS.L Martin Ratio Rank: 74

IGLT.L

IGLT.L Risk / Return Rank: 25
IGLT.L Sharpe Ratio Rank: 25
IGLT.L Sortino Ratio Rank: 23
IGLT.L Omega Ratio Rank: 22
IGLT.L Calmar Ratio Rank: 28
IGLT.L Martin Ratio Rank: 27

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.

IGLS.L vs. IGLT.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares UK Gilts 0-5yr UCITS ETF GBP (Dist) (IGLS.L) and iShares Core UK Gilts UCITS ETF (IGLT.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.

	IGLS.L	IGLT.L	Difference
Sharpe ratio Return per unit of total volatility	1.72	0.48	+1.24
Sortino ratio Return per unit of downside risk	2.42	0.69	+1.73
Omega ratio Gain probability vs. loss probability	1.35	1.09	+0.26
Calmar ratio Return relative to maximum drawdown	1.86	0.68	+1.18
Martin ratio Return relative to average drawdown	8.21	2.28	+5.93
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IGLS.L vs. IGLT.L - Sharpe Ratio Comparison

The current IGLS.L Sharpe Ratio is 1.72, which is higher than the IGLT.L Sharpe Ratio of 0.48. The chart below compares the historical Sharpe Ratios of IGLS.L and IGLT.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IGLS.L	IGLT.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.72	0.48	+1.24
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.46	-0.42	+0.88
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.40	-0.08	+0.48
Sharpe Ratio (All Time) Calculated using the full available price history	0.68	0.28	+0.40

Correlation

The correlation between IGLS.L and IGLT.L is 0.78, 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.

Dividends

IGLS.L vs. IGLT.L - Dividend Comparison

IGLS.L's dividend yield for the trailing twelve months is around 4.01%, less than IGLT.L's 4.29% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IGLS.L iShares UK Gilts 0-5yr UCITS ETF GBP (Dist)	4.01%	3.88%	3.67%	1.62%	0.30%	0.25%	0.53%	0.46%	0.33%	0.53%	0.88%	0.48%
IGLT.L iShares Core UK Gilts UCITS ETF	4.29%	4.26%	3.69%	2.40%	1.32%	0.79%	0.95%	1.25%	1.31%	1.30%	1.88%	2.05%

Drawdowns

IGLS.L vs. IGLT.L - Drawdown Comparison

The maximum IGLS.L drawdown since its inception was -9.54%, smaller than the maximum IGLT.L drawdown of -35.52%. Use the drawdown chart below to compare losses from any high point for IGLS.L and IGLT.L.

Drawdown Indicators

	IGLS.L	IGLT.L	Difference
Max Drawdown Largest peak-to-trough decline	-9.54%	-35.52%	+25.98%
Max Drawdown (1Y) Largest decline over 1 year	-1.95%	-4.53%	+2.58%
Max Drawdown (5Y) Largest decline over 5 years	-8.85%	-33.49%	+24.64%
Max Drawdown (10Y) Largest decline over 10 years	-9.54%	-35.52%	+25.98%
Current Drawdown Current decline from peak	-1.21%	-25.96%	+24.75%
Average Drawdown Average peak-to-trough decline	-1.10%	-8.10%	+7.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.44%	1.35%	-0.91%

Volatility

IGLS.L vs. IGLT.L - Volatility Comparison

The current volatility for iShares UK Gilts 0-5yr UCITS ETF GBP (Dist) (IGLS.L) is 1.10%, while iShares Core UK Gilts UCITS ETF (IGLT.L) has a volatility of 2.80%. This indicates that IGLS.L experiences smaller price fluctuations and is considered to be less risky than IGLT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IGLS.L	IGLT.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.10%	2.80%	-1.70%
Volatility (6M) Calculated over the trailing 6-month period	1.43%	4.03%	-2.60%
Volatility (1Y) Calculated over the trailing 1-year period	2.06%	6.15%	-4.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.62%	9.96%	-7.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.16%	8.99%	-6.83%