IS0M.DE vs. SGIL.L
IS0M.DE (iShares Italy Government Bond UCITS ETF EUR Dist) and SGIL.L (iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc)) are both exchange-traded funds - IS0M.DE is a European Government Bonds fund tracking the Bloomberg Italy Treasury Bond, while SGIL.L is a Inflation-Protected Bonds fund tracking the Bloomberg Gbl Infl Linked TR USD. Both are passively managed. Over the past 10 years, IS0M.DE returned 0.92%/yr vs 0.82%/yr for SGIL.L. At a 0.32 correlation, their price movements are largely independent. Both charge a 0.20% expense ratio.
Performance
IS0M.DE vs. SGIL.L - Performance Comparison
Loading charts...
Different Trading Currencies
IS0M.DE is traded in EUR, while SGIL.L is traded in GBP. To make them comparable, the SGIL.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, IS0M.DE achieves a -0.32% return, which is significantly lower than SGIL.L's 2.04% return. Over the past 10 years, IS0M.DE has outperformed SGIL.L with an annualized return of 0.92%, while SGIL.L has yielded a comparatively lower 0.82% annualized return.
IS0M.DE
- 1D
- 0.01%
- 1M
- 0.82%
- YTD
- -0.32%
- 6M
- -0.34%
- 1Y
- 0.84%
- 3Y*
- 4.15%
- 5Y*
- -0.79%
- 10Y*
- 0.92%
SGIL.L
- 1D
- -0.08%
- 1M
- 0.16%
- YTD
- 2.04%
- 6M
- 1.45%
- 1Y
- 2.23%
- 3Y*
- 0.52%
- 5Y*
- -1.37%
- 10Y*
- 0.82%
IS0M.DE vs. SGIL.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IS0M.DE iShares Italy Government Bond UCITS ETF EUR Dist | -0.32% | 3.07% | 4.66% | 9.14% | -17.24% | -2.99% | 7.54% | 10.45% | -1.48% | 0.31% |
SGIL.L iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc) | 2.04% | -4.13% | 3.32% | 1.51% | -17.06% | 10.99% | 2.53% | 11.18% | 0.31% | -5.26% |
Correlation
The correlation between IS0M.DE and SGIL.L is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Jul 24, 2012 | 0.32 |
The correlation between IS0M.DE and SGIL.L shifts across timeframes, from 0.31 (1 year) to 0.50 (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
IS0M.DE vs. SGIL.L — Risk / Return Rank
IS0M.DE
SGIL.L
IS0M.DE vs. SGIL.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Italy Government Bond UCITS ETF EUR Dist (IS0M.DE) and iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc) (SGIL.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.
| IS0M.DE | SGIL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.24 | ||
| Sortino ratioReturn per unit of downside risk | -0.34 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.07 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.19 | 0.87 | -0.67 |
| Martin ratioReturn relative to average drawdown | 0.58 | 1.59 | -1.01 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IS0M.DE | SGIL.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.17 | 0.41 | -0.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.11 | -0.15 | +0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.14 | 0.10 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.35 | +0.14 |
Drawdowns
IS0M.DE vs. SGIL.L - Drawdown Comparison
The maximum IS0M.DE drawdown since its inception was -21.08%, smaller than the maximum SGIL.L drawdown of -22.48%. Use the drawdown chart below to compare losses from any high point for IS0M.DE and SGIL.L.
Loading charts...
Drawdown Indicators
| IS0M.DE | SGIL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.08% | -22.48% | +1.40% |
Max Drawdown (1Y)Largest decline over 1 year | -4.28% | -2.55% | -1.73% |
Max Drawdown (3Y)Largest decline over 3 years | -4.42% | -8.66% | +4.24% |
Max Drawdown (5Y)Largest decline over 5 years | -20.85% | -22.48% | +1.63% |
Max Drawdown (10Y)Largest decline over 10 years | -21.08% | -22.48% | +1.40% |
Current DrawdownCurrent decline from peak | -6.33% | -17.55% | +11.22% |
Average DrawdownAverage peak-to-trough decline | -5.53% | -7.19% | +1.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.43% | 1.40% | +0.03% |
Volatility
IS0M.DE vs. SGIL.L - Volatility Comparison
iShares Italy Government Bond UCITS ETF EUR Dist (IS0M.DE) has a higher volatility of 1.99% compared to iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc) (SGIL.L) at 1.30%. This indicates that IS0M.DE's price experiences larger fluctuations and is considered to be riskier than SGIL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IS0M.DE | SGIL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.99% | 1.30% | +0.69% |
Volatility (6M)Calculated over the trailing 6-month period | 4.25% | 3.64% | +0.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.84% | 5.36% | -0.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.80% | 8.90% | -2.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.73% | 8.57% | -1.84% |
IS0M.DE vs. SGIL.L - Expense Ratio Comparison
Both IS0M.DE and SGIL.L have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
IS0M.DE vs. SGIL.L - Dividend Comparison
IS0M.DE's dividend yield for the trailing twelve months is around 2.83%, while SGIL.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IS0M.DE iShares Italy Government Bond UCITS ETF EUR Dist | 2.83% | 2.82% | 2.66% | 2.10% | 1.05% | 0.74% | 0.98% | 1.45% | 1.37% | 1.37% | 1.47% | 1.83% |
SGIL.L iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc) | 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
IS0M.DE and SGIL.L have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.20% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
IS0M.DE and SGIL.L have the same expense ratio: 0.20% per year.
IS0M.DE is categorized as European Government Bonds, while SGIL.L is Inflation-Protected Bonds. IS0M.DE tracks Bloomberg Italy Treasury Bond, while SGIL.L tracks Bloomberg Gbl Infl Linked TR USD.
Find the right allocation for IS0M.DE and SGIL.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