ISAG.L vs. GIGB.L
ISAG.L (iShares Agribusiness UCITS ETF USD (Acc)) and GIGB.L (VanEck S&P Global Mining UCITS ETF USD (Acc)) are both exchange-traded funds - ISAG.L is a Commodity Producers Equities fund tracking the S&P Commodity Producers Agribusiness Index NTR, while GIGB.L is a Mining Equities fund tracking the S&P Global Mining Reduced Coal Index. Both are passively managed. Over the past 5 years, ISAG.L returned 4.76%/yr vs 12.24%/yr for GIGB.L. A 0.53 correlation means they provide meaningful diversification when combined. ISAG.L charges 0.55%/yr vs 0.50%/yr for GIGB.L.
Performance
ISAG.L vs. GIGB.L - Performance Comparison
Loading charts...
Different Trading Currencies
ISAG.L is traded in USD, while GIGB.L is traded in GBP. To make them comparable, the GIGB.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, ISAG.L achieves a 12.83% return, which is significantly higher than GIGB.L's -2.63% return.
ISAG.L
- 1D
- 0.55%
- 1M
- 2.83%
- 6M
- 6.21%
- YTD
- 12.83%
- 1Y
- 16.69%
- 3Y*
- 5.11%
- 5Y*
- 4.76%
- 10Y*
- 7.36%
GIGB.L
- 1D
- -1.63%
- 1M
- -17.04%
- 6M
- -13.21%
- YTD
- -2.63%
- 1Y
- 48.52%
- 3Y*
- 20.10%
- 5Y*
- 12.24%
- 10Y*
- —
ISAG.L vs. GIGB.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
ISAG.L iShares Agribusiness UCITS ETF USD (Acc) | 12.83% | 16.78% | -5.66% | -8.90% | 2.73% | 23.33% | 10.28% | 17.65% | -10.32% |
GIGB.L VanEck S&P Global Mining UCITS ETF USD (Acc) | -2.63% | 91.15% | -8.91% | 3.83% | 3.48% | 7.65% | 30.90% | 26.21% | -40.20% |
Correlation
The correlation between ISAG.L and GIGB.L is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2018 | 0.53 |
The correlation between ISAG.L and GIGB.L shifts across timeframes, from 0.35 (1 year) to 0.53 (all time), 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
ISAG.L vs. GIGB.L — Risk / Return Rank
ISAG.L
GIGB.L
ISAG.L vs. GIGB.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Agribusiness UCITS ETF USD (Acc) (ISAG.L) and VanEck S&P Global Mining UCITS ETF USD (Acc) (GIGB.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.
| ISAG.L | GIGB.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.11 | ||
| Sortino ratioReturn per unit of downside risk | +0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.23 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.63 | 1.79 | -0.15 |
| Martin ratioReturn relative to average drawdown | 4.59 | 4.64 | -0.05 |
Loading charts...
Drawdowns
ISAG.L vs. GIGB.L - Drawdown Comparison
The maximum ISAG.L drawdown since its inception was -37.16%, smaller than the maximum GIGB.L drawdown of -54.01%. Use the drawdown chart below to compare losses from any high point for ISAG.L and GIGB.L.
Loading charts...
Drawdown Indicators
| ISAG.L | GIGB.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.16% | -54.01% | +16.85% |
Max Drawdown (1Y)Largest decline over 1 year | -10.17% | -27.03% | +16.86% |
Max Drawdown (3Y)Largest decline over 3 years | -19.13% | -27.03% | +7.90% |
Max Drawdown (5Y)Largest decline over 5 years | -33.22% | -37.88% | +4.66% |
Max Drawdown (10Y)Largest decline over 10 years | -37.16% | — | — |
Current DrawdownCurrent decline from peak | -6.32% | -26.50% | +20.18% |
Average DrawdownAverage peak-to-trough decline | -10.38% | -18.63% | +8.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.63% | 10.43% | -6.80% |
Volatility
ISAG.L vs. GIGB.L - Volatility Comparison
The current volatility for iShares Agribusiness UCITS ETF USD (Acc) (ISAG.L) is 2.41%, while VanEck S&P Global Mining UCITS ETF USD (Acc) (GIGB.L) has a volatility of 10.26%. This indicates that ISAG.L experiences smaller price fluctuations and is considered to be less risky than GIGB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ISAG.L | GIGB.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.41% | 10.26% | -7.85% |
Volatility (6M)Calculated over the trailing 6-month period | 10.29% | 29.99% | -19.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.49% | 35.88% | -22.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.62% | 32.45% | -14.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.84% | 31.66% | -13.82% |
ISAG.L vs. GIGB.L - Expense Ratio Comparison
ISAG.L has a 0.55% expense ratio, which is higher than GIGB.L's 0.50% expense ratio.
Dividends
ISAG.L vs. GIGB.L - Dividend Comparison
Neither ISAG.L nor GIGB.L has paid dividends to shareholders.
Frequently Asked Questions
ISAG.L and GIGB.L have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GIGB.L is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GIGB.L is cheaper with a 0.50% expense ratio, compared with 0.55% for ISAG.L.
ISAG.L is categorized as Commodity Producers Equities, while GIGB.L is Mining Equities. ISAG.L tracks S&P Commodity Producers Agribusiness Index NTR, while GIGB.L tracks S&P Global Mining Reduced Coal Index. They also come from different issuers: iShares and VanEck. Their fees differ too: 0.55% for ISAG.L and 0.50% for GIGB.L.
Find the right allocation for ISAG.L and GIGB.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