INXG.L vs. GBPG.L
Compare and contrast key facts about iShares £ Index-Linked Gilts UCITS ETF (INXG.L) and Goldman Sachs Access UK Gilts 1-10 Years UCITS ETF Class GBP (Dist) (GBPG.L).
INXG.L and GBPG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. INXG.L is a passively managed fund by iShares that tracks the performance of the Bloomberg UK Government Inflation-Linked Bond Index. It was launched on Dec 1, 2006. GBPG.L is a passively managed fund by Goldman Sachs that tracks the performance of the FTSE Act UK Cnvt Gilts All Stocks TR GBP. It was launched on Sep 7, 2021. Both INXG.L and GBPG.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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: INXG.L or GBPG.L.
Key characteristics
| INXG.L | GBPG.L | |
|---|---|---|
| YTD Return | -5.55% | -0.20% |
| 1Y Return | 1.31% | 3.73% |
| 3Y Return (Ann) | -15.47% | 25.51% |
| Sharpe Ratio | -0.10 | 0.75 |
| Sortino Ratio | -0.06 | 1.09 |
| Omega Ratio | 0.99 | 1.13 |
| Calmar Ratio | -0.03 | 1.01 |
| Martin Ratio | -0.22 | 2.26 |
| Ulcer Index | 5.27% | 1.31% |
| Daily Std Dev | 11.79% | 4.03% |
| Max Drawdown | -50.87% | -7.18% |
| Current Drawdown | -41.79% | -2.57% |
Correlation
The correlation between INXG.L and GBPG.L is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
INXG.L vs. GBPG.L - Performance Comparison
In the year-to-date period, INXG.L achieves a -5.55% return, which is significantly lower than GBPG.L's -0.20% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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INXG.L vs. GBPG.L - Expense Ratio Comparison
INXG.L has a 0.10% expense ratio, which is higher than GBPG.L's 0.07% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
INXG.L vs. GBPG.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares £ Index-Linked Gilts UCITS ETF (INXG.L) and Goldman Sachs Access UK Gilts 1-10 Years UCITS ETF Class GBP (Dist) (GBPG.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.
Dividends
INXG.L vs. GBPG.L - Dividend Comparison
INXG.L's dividend yield for the trailing twelve months is around 2.39%, less than GBPG.L's 4.12% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INXG.L iShares £ Index-Linked Gilts UCITS ETF | 2.39% | 0.43% | 0.00% | 0.00% | 0.61% | 1.36% | 1.95% | 1.28% | 0.65% | 1.94% | 2.35% | 2.75% |
GBPG.L Goldman Sachs Access UK Gilts 1-10 Years UCITS ETF Class GBP (Dist) | 4.12% | 3.35% | 62.57% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
INXG.L vs. GBPG.L - Drawdown Comparison
The maximum INXG.L drawdown since its inception was -50.87%, which is greater than GBPG.L's maximum drawdown of -7.18%. Use the drawdown chart below to compare losses from any high point for INXG.L and GBPG.L. For additional features, visit the drawdowns tool.
Volatility
INXG.L vs. GBPG.L - Volatility Comparison
iShares £ Index-Linked Gilts UCITS ETF (INXG.L) has a higher volatility of 3.61% compared to Goldman Sachs Access UK Gilts 1-10 Years UCITS ETF Class GBP (Dist) (GBPG.L) at 2.71%. This indicates that INXG.L's price experiences larger fluctuations and is considered to be riskier than GBPG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.