IGLS.L vs. IGUS.L
IGLS.L (iShares UK Gilts 0-5yr UCITS ETF GBP (Dist)) and IGUS.L (iShares S&P 500 GBP Hedged UCITS ETF) are both exchange-traded funds - IGLS.L is a European Government Bonds fund tracking the FTSE Act UK Cnvt Gilts All Stocks TR GBP, while IGUS.L is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 10 years, IGLS.L returned 0.91%/yr vs 13.52%/yr for IGUS.L. At a correlation of -0.13, they often move in opposite directions. IGLS.L charges 0.07%/yr vs 0.20%/yr for IGUS.L.
Performance
IGLS.L vs. IGUS.L - Performance Comparison
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Different Trading Currencies
IGLS.L is traded in GBP, while IGUS.L is traded in GBp. To make them comparable, the IGUS.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, IGLS.L achieves a 0.53% return, which is significantly lower than IGUS.L's 7.87% return. Over the past 10 years, IGLS.L has underperformed IGUS.L with an annualized return of 0.91%, while IGUS.L has yielded a comparatively higher 13.52% annualized return.
IGLS.L
- 1D
- 0.21%
- 1M
- 0.68%
- YTD
- 0.53%
- 6M
- 1.02%
- 1Y
- 3.13%
- 3Y*
- 4.62%
- 5Y*
- 1.36%
- 10Y*
- 0.91%
IGUS.L
- 1D
- 2.06%
- 1M
- -0.82%
- YTD
- 7.87%
- 6M
- 9.06%
- 1Y
- 24.08%
- 3Y*
- 19.90%
- 5Y*
- 11.97%
- 10Y*
- 13.52%
IGLS.L vs. IGUS.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) | 0.53% | 5.26% | 2.65% | 4.19% | -4.44% | -1.68% | 1.48% | 1.05% | 0.14% | -0.38% |
IGUS.L iShares S&P 500 GBP Hedged UCITS ETF | 7.87% | 17.39% | 24.64% | 24.49% | -20.60% | 28.57% | 14.63% | 27.27% | -7.47% | 19.85% |
Correlation
The correlation between IGLS.L and IGUS.L is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2010 | -0.13 |
The correlation between IGLS.L and IGUS.L shifts across timeframes, from -0.13 (all time) to 0.29 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IGLS.L vs. IGUS.L — Risk / Return Rank
IGLS.L
IGUS.L
IGLS.L vs. IGUS.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 S&P 500 GBP Hedged UCITS ETF (IGUS.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.
| IGLS.L | IGUS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.44 | ||
| Sortino ratioReturn per unit of downside risk | -0.69 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.35 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.52 | 2.79 | -1.27 |
| Martin ratioReturn relative to average drawdown | 5.12 | 11.79 | -6.67 |
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Drawdowns
IGLS.L vs. IGUS.L - Drawdown Comparison
The maximum IGLS.L drawdown since its inception was -9.54%, smaller than the maximum IGUS.L drawdown of -36.66%. Use the drawdown chart below to compare losses from any high point for IGLS.L and IGUS.L.
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Drawdown Indicators
| IGLS.L | IGUS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.54% | -36.66% | +27.12% |
Max Drawdown (1Y)Largest decline over 1 year | -1.95% | -8.44% | +6.49% |
Max Drawdown (3Y)Largest decline over 3 years | -1.95% | -18.98% | +17.03% |
Max Drawdown (5Y)Largest decline over 5 years | -8.85% | -25.66% | +16.81% |
Max Drawdown (10Y)Largest decline over 10 years | -9.54% | -36.66% | +27.12% |
Current DrawdownCurrent decline from peak | -0.38% | -2.23% | +1.85% |
Average DrawdownAverage peak-to-trough decline | -1.19% | -4.12% | +2.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.58% | 2.00% | -1.42% |
Volatility
IGLS.L vs. IGUS.L - Volatility Comparison
The current volatility for iShares UK Gilts 0-5yr UCITS ETF GBP (Dist) (IGLS.L) is 0.66%, while iShares S&P 500 GBP Hedged UCITS ETF (IGUS.L) has a volatility of 4.04%. This indicates that IGLS.L experiences smaller price fluctuations and is considered to be less risky than IGUS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IGLS.L | IGUS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.66% | 4.04% | -3.38% |
Volatility (6M)Calculated over the trailing 6-month period | 1.76% | 9.13% | -7.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.99% | 12.18% | -10.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.67% | 16.15% | -13.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.18% | 16.60% | -14.42% |
IGLS.L vs. IGUS.L - Expense Ratio Comparison
IGLS.L has a 0.07% expense ratio, which is lower than IGUS.L's 0.20% 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
IGLS.L vs. IGUS.L - Dividend Comparison
IGLS.L's dividend yield for the trailing twelve months is around 3.97%, while IGUS.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGLS.L iShares UK Gilts 0-5yr UCITS ETF GBP (Dist) | 3.97% | 3.88% | 3.67% | 1.62% | 0.30% | 0.25% | 0.53% | 0.46% | 0.33% | 0.53% | 0.88% | 0.48% |
IGUS.L iShares S&P 500 GBP Hedged UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IGLS.L and IGUS.L have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IGLS.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IGLS.L is cheaper with a 0.07% expense ratio, compared with 0.20% for IGUS.L.
IGLS.L is categorized as European Government Bonds, while IGUS.L is S&P 500. IGLS.L tracks FTSE Act UK Cnvt Gilts All Stocks TR GBP, while IGUS.L tracks S&P 500 Index. Their fees differ too: 0.07% for IGLS.L and 0.20% for IGUS.L.
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