IMID.L vs. IGLS.L
IMID.L (SPDR MSCI ACWI IMI) and IGLS.L (iShares UK Gilts 0-5yr UCITS ETF GBP (Dist)) are both exchange-traded funds - IMID.L is a Global Equities fund tracking the MSCI ACWI NR USD, while IGLS.L is a European Government Bonds fund tracking the FTSE Act UK Cnvt Gilts All Stocks TR GBP. Both are passively managed. Over the past 10 years, IMID.L returned -18.53%/yr vs -0.08%/yr for IGLS.L. At a 0.21 correlation, their price movements are largely independent. IMID.L charges 0.40%/yr vs 0.07%/yr for IGLS.L.
Performance
IMID.L vs. IGLS.L - Performance Comparison
Loading charts...
Different Trading Currencies
IMID.L is traded in USD, while IGLS.L is traded in GBP. To make them comparable, the IGLS.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, IMID.L achieves a -95.52% return, which is significantly lower than IGLS.L's -1.13% return. Over the past 10 years, IMID.L has underperformed IGLS.L with an annualized return of -18.53%, while IGLS.L has yielded a comparatively higher -0.08% annualized return.
IMID.L
- 1D
- -0.15%
- 1M
- 2.67%
- YTD
- -95.52%
- 6M
- -95.48%
- 1Y
- -94.81%
- 3Y*
- -59.03%
- 5Y*
- -41.55%
- 10Y*
- -18.53%
IGLS.L
- 1D
- 0.01%
- 1M
- -0.99%
- YTD
- -1.13%
- 6M
- -0.07%
- 1Y
- 1.43%
- 3Y*
- 5.83%
- 5Y*
- 0.56%
- 10Y*
- -0.08%
IMID.L vs. IGLS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IMID.L SPDR MSCI ACWI IMI | -95.52% | 22.16% | 16.31% | 21.65% | -17.64% | 17.85% | 16.14% | 25.35% | -9.83% | 22.56% |
IGLS.L iShares UK Gilts 0-5yr UCITS ETF GBP (Dist) | -1.13% | 13.20% | 0.94% | 9.69% | -14.66% | -2.57% | 4.59% | 5.11% | -5.53% | 9.10% |
Correlation
The correlation between IMID.L and IGLS.L is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since May 16, 2011 | 0.21 |
The correlation between IMID.L and IGLS.L shifts across timeframes, from 0.21 (all time) to 0.39 (5 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
IMID.L vs. IGLS.L — Risk / Return Rank
IMID.L
IGLS.L
IMID.L vs. IGLS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI ACWI IMI (IMID.L) and iShares UK Gilts 0-5yr UCITS ETF GBP (Dist) (IGLS.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.
| IMID.L | IGLS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.16 | ||
| Sortino ratioReturn per unit of downside risk | -1.02 | ||
| Omega ratioGain probability vs. loss probability | 0.58 | 1.04 | -0.46 |
| Calmar ratioReturn relative to maximum drawdown | -0.98 | 0.25 | -1.23 |
| Martin ratioReturn relative to average drawdown | -1.56 | 0.57 | -2.13 |
Loading charts...
Drawdowns
IMID.L vs. IGLS.L - Drawdown Comparison
The maximum IMID.L drawdown since its inception was -96.27%, which is greater than IGLS.L's maximum drawdown of -38.64%. Use the drawdown chart below to compare losses from any high point for IMID.L and IGLS.L.
Loading charts...
Drawdown Indicators
| IMID.L | IGLS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.27% | -38.64% | -57.63% |
Max Drawdown (1Y)Largest decline over 1 year | -96.27% | -5.31% | -90.96% |
Max Drawdown (3Y)Largest decline over 3 years | -96.27% | -9.30% | -86.97% |
Max Drawdown (5Y)Largest decline over 5 years | -96.27% | -29.81% | -66.46% |
Max Drawdown (10Y)Largest decline over 10 years | -96.27% | -32.19% | -64.08% |
Current DrawdownCurrent decline from peak | -95.64% | -11.26% | -84.38% |
Average DrawdownAverage peak-to-trough decline | -7.46% | -13.50% | +6.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 60.72% | 2.32% | +58.40% |
Volatility
IMID.L vs. IGLS.L - Volatility Comparison
SPDR MSCI ACWI IMI (IMID.L) has a higher volatility of 4.12% compared to iShares UK Gilts 0-5yr UCITS ETF GBP (Dist) (IGLS.L) at 1.62%. This indicates that IMID.L's price experiences larger fluctuations and is considered to be riskier than IGLS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IMID.L | IGLS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.12% | 1.62% | +2.50% |
Volatility (6M)Calculated over the trailing 6-month period | 321.62% | 5.53% | +316.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 96.79% | 7.26% | +89.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.75% | 9.34% | +36.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.16% | 9.52% | +26.64% |
IMID.L vs. IGLS.L - Expense Ratio Comparison
IMID.L has a 0.40% expense ratio, which is higher than IGLS.L's 0.07% expense ratio.
Dividends
IMID.L vs. IGLS.L - Dividend Comparison
IMID.L has not paid dividends to shareholders, while IGLS.L's dividend yield for the trailing twelve months is around 3.97%.
| 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% |
IMID.L SPDR MSCI ACWI IMI | 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
IMID.L and IGLS.L have a correlation of 0.39, 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 0.40% for IMID.L.
IMID.L is categorized as Global Equities, while IGLS.L is European Government Bonds. IMID.L tracks MSCI ACWI NR USD, while IGLS.L tracks FTSE Act UK Cnvt Gilts All Stocks TR GBP. They also come from different issuers: State Street and iShares. Their fees differ too: 0.40% for IMID.L and 0.07% for IGLS.L.
Find the right allocation for IMID.L and IGLS.L
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