KLMG.L vs. CORP.L
KLMG.L (Lyxor Green Bond UCITS ETF GBP Hedged Dist) and CORP.L (iShares Global Corp Bond UCITS ETF USD (Dist)) are both Global Corporate Bonds funds - KLMG.L tracks the Bloomberg Gbl Agg Corp TR Hdg GBP while CORP.L tracks the Bloomberg Global Aggregate Corporate Index (USD). Both are passively managed. Over the past 5 years, KLMG.L returned -1.48%/yr vs 0.27%/yr for CORP.L. At a 0.40 correlation, their price movements are largely independent. KLMG.L charges 0.30%/yr vs 0.20%/yr for CORP.L.
Performance
KLMG.L vs. CORP.L - Performance Comparison
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Different Trading Currencies
KLMG.L is traded in GBP, while CORP.L is traded in USD. To make them comparable, the CORP.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, KLMG.L achieves a 0.59% return, which is significantly higher than CORP.L's -0.46% return.
KLMG.L
- 1D
- 0.00%
- 1M
- -0.93%
- 6M
- 0.23%
- YTD
- 0.59%
- 1Y
- 2.13%
- 3Y*
- 4.05%
- 5Y*
- -1.48%
- 10Y*
- —
CORP.L
- 1D
- 0.24%
- 1M
- -2.19%
- 6M
- -0.89%
- YTD
- -0.46%
- 1Y
- 2.68%
- 3Y*
- 3.74%
- 5Y*
- 0.27%
- 10Y*
- 1.65%
KLMG.L vs. CORP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
KLMG.L Lyxor Green Bond UCITS ETF GBP Hedged Dist | 0.59% | 3.46% | 2.97% | 8.51% | -18.88% | -3.55% | 2.20% |
CORP.L iShares Global Corp Bond UCITS ETF USD (Dist) | -0.46% | 2.00% | 3.14% | 3.28% | -6.03% | -2.36% | -3.34% |
Correlation
The correlation between KLMG.L and CORP.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 | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Jul 23, 2020 | 0.40 |
The correlation between KLMG.L and CORP.L shifts across timeframes, from 0.31 (1 year) to 0.44 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
KLMG.L vs. CORP.L — Risk / Return Rank
KLMG.L
CORP.L
KLMG.L vs. CORP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor Green Bond UCITS ETF GBP Hedged Dist (KLMG.L) and iShares Global Corp Bond UCITS ETF USD (Dist) (CORP.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.
| KLMG.L | CORP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.10 | ||
| Sortino ratioReturn per unit of downside risk | +0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.08 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.68 | 0.68 | 0.00 |
| Martin ratioReturn relative to average drawdown | 1.99 | 1.52 | +0.47 |
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Drawdowns
KLMG.L vs. CORP.L - Drawdown Comparison
The maximum KLMG.L drawdown since its inception was -23.89%, which is greater than CORP.L's maximum drawdown of -15.34%. Use the drawdown chart below to compare losses from any high point for KLMG.L and CORP.L.
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Drawdown Indicators
| KLMG.L | CORP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.89% | -15.34% | -8.55% |
Max Drawdown (1Y)Largest decline over 1 year | -3.11% | -3.91% | +0.80% |
Max Drawdown (3Y)Largest decline over 3 years | -3.39% | -6.21% | +2.82% |
Max Drawdown (5Y)Largest decline over 5 years | -23.07% | -12.35% | -10.72% |
Max Drawdown (10Y)Largest decline over 10 years | — | -15.34% | — |
Current DrawdownCurrent decline from peak | -9.20% | -4.42% | -4.78% |
Average DrawdownAverage peak-to-trough decline | -11.54% | -5.73% | -5.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.07% | 1.76% | -0.69% |
Volatility
KLMG.L vs. CORP.L - Volatility Comparison
The current volatility for Lyxor Green Bond UCITS ETF GBP Hedged Dist (KLMG.L) is 1.08%, while iShares Global Corp Bond UCITS ETF USD (Dist) (CORP.L) has a volatility of 1.73%. This indicates that KLMG.L experiences smaller price fluctuations and is considered to be less risky than CORP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KLMG.L | CORP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.08% | 1.73% | -0.65% |
Volatility (6M)Calculated over the trailing 6-month period | 3.19% | 5.08% | -1.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.91% | 6.07% | -2.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.91% | 8.05% | -2.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.54% | 8.82% | -3.28% |
KLMG.L vs. CORP.L - Expense Ratio Comparison
KLMG.L has a 0.30% expense ratio, which is higher than CORP.L's 0.20% expense ratio.
Dividends
KLMG.L vs. CORP.L - Dividend Comparison
KLMG.L's dividend yield for the trailing twelve months is around 2.22%, less than CORP.L's 4.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CORP.L iShares Global Corp Bond UCITS ETF USD (Dist) | 4.28% | 4.05% | 3.98% | 3.22% | 2.60% | 2.13% | 2.28% | 2.67% | 2.71% | 2.48% | 2.73% | 2.68% |
KLMG.L Lyxor Green Bond UCITS ETF GBP Hedged Dist | 2.22% | 2.23% | 2.02% | 1.44% | 1.28% | 1.03% | 0.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
KLMG.L and CORP.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.
On fees, CORP.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CORP.L is cheaper with a 0.20% expense ratio, compared with 0.30% for KLMG.L.
KLMG.L tracks Bloomberg Gbl Agg Corp TR Hdg GBP, while CORP.L tracks Bloomberg Global Aggregate Corporate Index (USD). They also come from different issuers: Amundi and iShares. Their fees differ too: 0.30% for KLMG.L and 0.20% for CORP.L.
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