IGTM.L vs. ISAC.L

Last updated Apr 1, 2026

Compare and contrast key facts about iShares USD Treasury Bond 7-10 Year UCITS ETF GBP Hedged Distributing (IGTM.L) and iShares MSCI ACWI UCITS ETF USD (Acc) (ISAC.L).

IGTM.L and ISAC.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IGTM.L is a passively managed fund by iShares that tracks the performance of the ICE US Treasury 7-10 Year Index. It was launched on Mar 28, 2024. ISAC.L is a passively managed fund by iShares that tracks the performance of the MSCI ACWI Index. It was launched on Oct 21, 2001. Both IGTM.L and ISAC.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

IGTM.L vs. ISAC.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares USD Treasury Bond 7-10 Year UCITS ETF GBP Hedged Distributing (IGTM.L) and iShares MSCI ACWI UCITS ETF USD (Acc) (ISAC.L). The values are adjusted to include any dividend payments, if applicable.

IGTM.L vs. ISAC.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
IGTM.L iShares USD Treasury Bond 7-10 Year UCITS ETF GBP Hedged Distributing	-0.65%	7.97%	-0.56%	2.51%	-15.73%	-3.16%	9.12%	6.84%
ISAC.L iShares MSCI ACWI UCITS ETF USD (Acc)	-2.62%	13.64%	19.87%	16.44%	-8.43%	19.97%	12.26%	13.85%

Different Trading Currencies

IGTM.L is traded in GBP, while ISAC.L is traded in USD. To make them comparable, the ISAC.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, IGTM.L achieves a -0.65% return, which is significantly higher than ISAC.L's -2.62% return.

IGTM.L

• 1D: 0.65%
• 1M: -2.37%
• YTD: -0.65%
• 6M: 0.62%
• 1Y: 3.85%
• 3Y*: 2.03%
• 5Y*: -1.13%
• 10Y*: —

ISAC.L

• 1D: 0.19%
• 1M: -5.96%
• YTD: -2.62%
• 6M: 1.44%
• 1Y: 17.27%
• 3Y*: 13.76%
• 5Y*: 10.17%
• 10Y*: 12.10%

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

IGTM.L vs. ISAC.L - Expense Ratio Comparison

IGTM.L has a 0.10% expense ratio, which is lower than ISAC.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%.

ISAC.L

iShares MSCI ACWI UCITS ETF USD (Acc)

IGTM.L

iShares USD Treasury Bond 7-10 Year UCITS ETF GBP Hedged Distributing

Return for Risk

IGTM.L vs. ISAC.L — Risk / Return Rank

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

IGTM.L

IGTM.L Risk / Return Rank: 34
IGTM.L Sharpe Ratio Rank: 39
IGTM.L Sortino Ratio Rank: 35
IGTM.L Omega Ratio Rank: 32
IGTM.L Calmar Ratio Rank: 37
IGTM.L Martin Ratio Rank: 30

ISAC.L

ISAC.L Risk / Return Rank: 73
ISAC.L Sharpe Ratio Rank: 75
ISAC.L Sortino Ratio Rank: 74
ISAC.L Omega Ratio Rank: 74
ISAC.L Calmar Ratio Rank: 67
ISAC.L Martin Ratio Rank: 75

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.

IGTM.L vs. ISAC.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares USD Treasury Bond 7-10 Year UCITS ETF GBP Hedged Distributing (IGTM.L) and iShares MSCI ACWI UCITS ETF USD (Acc) (ISAC.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.

	IGTM.L	ISAC.L	Difference
Sharpe ratio Return per unit of total volatility	0.75	1.18	-0.43
Sortino ratio Return per unit of downside risk	1.07	1.64	-0.57
Omega ratio Gain probability vs. loss probability	1.14	1.24	-0.10
Calmar ratio Return relative to maximum drawdown	0.98	1.53	-0.55
Martin ratio Return relative to average drawdown	2.58	6.62	-4.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IGTM.L vs. ISAC.L - Sharpe Ratio Comparison

The current IGTM.L Sharpe Ratio is 0.75, which is lower than the ISAC.L Sharpe Ratio of 1.18. The chart below compares the historical Sharpe Ratios of IGTM.L and ISAC.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

	IGTM.L	ISAC.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.75	1.18	-0.43
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.15	0.72	-0.87
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.78	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.08	0.79	-0.71

Correlation

The correlation between IGTM.L and ISAC.L is -0.14. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

IGTM.L vs. ISAC.L - Dividend Comparison

IGTM.L's dividend yield for the trailing twelve months is around 4.14%, while ISAC.L has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019
IGTM.L iShares USD Treasury Bond 7-10 Year UCITS ETF GBP Hedged Distributing	4.14%	4.11%	3.91%	3.04%	2.06%	1.12%	1.57%	1.64%
ISAC.L iShares MSCI ACWI UCITS ETF USD (Acc)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

IGTM.L vs. ISAC.L - Drawdown Comparison

The maximum IGTM.L drawdown since its inception was -24.91%, roughly equal to the maximum ISAC.L drawdown of -25.84%. Use the drawdown chart below to compare losses from any high point for IGTM.L and ISAC.L.

Drawdown Indicators

	IGTM.L	ISAC.L	Difference
Max Drawdown Largest peak-to-trough decline	-24.91%	-33.82%	+8.91%
Max Drawdown (1Y) Largest decline over 1 year	-3.91%	-11.58%	+7.67%
Max Drawdown (5Y) Largest decline over 5 years	-22.41%	-26.07%	+3.66%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.82%	—
Current Drawdown Current decline from peak	-12.78%	-8.28%	-4.50%
Average Drawdown Average peak-to-trough decline	-11.19%	-4.74%	-6.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.49%	2.49%	-1.00%

Volatility

IGTM.L vs. ISAC.L - Volatility Comparison

The current volatility for iShares USD Treasury Bond 7-10 Year UCITS ETF GBP Hedged Distributing (IGTM.L) is 1.72%, while iShares MSCI ACWI UCITS ETF USD (Acc) (ISAC.L) has a volatility of 5.18%. This indicates that IGTM.L experiences smaller price fluctuations and is considered to be less risky than ISAC.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IGTM.L	ISAC.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.72%	5.18%	-3.46%
Volatility (6M) Calculated over the trailing 6-month period	3.02%	8.87%	-5.85%
Volatility (1Y) Calculated over the trailing 1-year period	5.45%	14.60%	-9.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.45%	14.17%	-6.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.10%	15.43%	-8.33%