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IGTM.L vs. SGLN.L
Performance
Return for Risk
Dividends
Drawdowns
Volatility

IGTM.L vs. SGLN.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 Physical Gold ETC (SGLN.L).

IGTM.L and SGLN.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. SGLN.L is a passively managed fund by iShares that tracks the performance of the LBMA Gold Price. It was launched on Apr 8, 2011. Both IGTM.L and SGLN.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. SGLN.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 Physical Gold ETC (SGLN.L). The values are adjusted to include any dividend payments, if applicable.

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

2026 (YTD)2025202420232022202120202019
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%
SGLN.L
iShares Physical Gold ETC		9.15%53.66%28.20%7.24%11.84%-2.57%19.62%16.41%
Different Trading Currencies

IGTM.L is traded in GBP, while SGLN.L is traded in GBp. To make them comparable, the SGLN.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 lower than SGLN.L's 9.15% 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*
—

SGLN.L

1D
1.56%
1M
-10.01%
YTD
9.15%
6M
22.38%
1Y
44.60%
3Y*
29.65%
5Y*
22.83%
10Y*
14.93%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

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

iShares Physical Gold ETC

Often compared with IGTM.L:
IGTM.L vs. IBTGIGTM.L vs. CSP1.LIGTM.L vs. CNDX.LIGTM.L vs. EIMI.LIGTM.L vs. IGLN.LIGTM.L vs. IITU.LIGTM.L vs. ISAC.L
Often compared with SGLN.L:
SGLN.L vs. IGLN.LSGLN.L vs. GLDSGLN.L vs. IAUSGLN.L vs. SGLS.LSGLN.L vs. GLDW.LSGLN.L vs. SGLD.TOSGLN.L vs. GBSP.L

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

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

Return for Risk

IGTM.L vs. SGLN.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: 3434
Overall Rank
IGTM.L Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
IGTM.L Sortino Ratio Rank: 3535
Sortino Ratio Rank
IGTM.L Omega Ratio Rank: 3232
Omega Ratio Rank
IGTM.L Calmar Ratio Rank: 3737
Calmar Ratio Rank
IGTM.L Martin Ratio Rank: 3030
Martin Ratio Rank
SGLN.L
SGLN.L Risk / Return Rank: 8888
Overall Rank
SGLN.L Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
SGLN.L Sortino Ratio Rank: 8787
Sortino Ratio Rank
SGLN.L Omega Ratio Rank: 8888
Omega Ratio Rank
SGLN.L Calmar Ratio Rank: 8787
Calmar Ratio Rank
SGLN.L Martin Ratio Rank: 8989
Martin Ratio Rank
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. SGLN.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 Physical Gold ETC (SGLN.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.LSGLN.LDifference

Sharpe ratio

Return per unit of total volatility

0.75

1.82

-1.07

Sortino ratio

Return per unit of downside risk

1.07

2.27

-1.21

Omega ratio

Gain probability vs. loss probability

1.14

1.35

-0.21

Calmar ratio

Return relative to maximum drawdown

0.98

2.52

-1.54

Martin ratio

Return relative to average drawdown

2.58

10.45

-7.87

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. SGLN.L - Sharpe Ratio Comparison

The current IGTM.L Sharpe Ratio is 0.75, which is lower than the SGLN.L Sharpe Ratio of 1.82. The chart below compares the historical Sharpe Ratios of IGTM.L and SGLN.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.

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Sharpe Ratios by Period

IGTM.LSGLN.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.75

1.82

-1.07

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.15

1.42

-1.57

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.95

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.08

0.58

-0.50

Correlation

The correlation between IGTM.L and SGLN.L is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

IGTM.L vs. SGLN.L - Dividend Comparison

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

TTM2025202420232022202120202019
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%
SGLN.L
iShares Physical Gold ETC		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

IGTM.L vs. SGLN.L - Drawdown Comparison

The maximum IGTM.L drawdown since its inception was -24.91%, smaller than the maximum SGLN.L drawdown of -41.71%. Use the drawdown chart below to compare losses from any high point for IGTM.L and SGLN.L.

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Drawdown Indicators

IGTM.LSGLN.LDifference

Max Drawdown

Largest peak-to-trough decline

-24.91%

-41.71%

+16.80%

Max Drawdown (1Y)

Largest decline over 1 year

-3.91%

-17.57%

+13.66%

Max Drawdown (5Y)

Largest decline over 5 years

-22.41%

-17.57%

-4.84%

Max Drawdown (10Y)

Largest decline over 10 years

—

-21.91%

—

Current Drawdown

Current decline from peak

-12.78%

-11.76%

-1.02%

Average Drawdown

Average peak-to-trough decline

-11.19%

-14.78%

+3.59%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.49%

4.24%

-2.75%

Volatility

IGTM.L vs. SGLN.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 Physical Gold ETC (SGLN.L) has a volatility of 11.52%. This indicates that IGTM.L experiences smaller price fluctuations and is considered to be less risky than SGLN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IGTM.LSGLN.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.72%

11.52%

-9.80%

Volatility (6M)

Calculated over the trailing 6-month period

3.02%

21.09%

-18.07%

Volatility (1Y)

Calculated over the trailing 1-year period

5.45%

24.39%

-18.94%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

7.45%

16.13%

-8.68%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

7.10%

15.74%

-8.64%