KLMG.L vs. IHHG.L
KLMG.L (Lyxor Green Bond UCITS ETF GBP Hedged Dist) and IHHG.L (iShares $ High Yield Corp Bond UCITS ETF GBP Hedged (Dist)) are both exchange-traded funds - KLMG.L is a Global Corporate Bonds fund tracking the Bloomberg Gbl Agg Corp TR Hdg GBP, while IHHG.L is a Corporate Bonds fund tracking the iBoxx USD Liquid High Yield Capped (USD). Both are passively managed. Over the past 5 years, KLMG.L returned -1.48%/yr vs 3.11%/yr for IHHG.L. At a 0.36 correlation, their price movements are largely independent. KLMG.L charges 0.30%/yr vs 0.55%/yr for IHHG.L.
Performance
KLMG.L vs. IHHG.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, KLMG.L achieves a 0.59% return, which is significantly lower than IHHG.L's 1.59% 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*
- —
IHHG.L
- 1D
- -0.23%
- 1M
- 0.23%
- 6M
- 1.12%
- YTD
- 1.59%
- 1Y
- 5.78%
- 3Y*
- 7.40%
- 5Y*
- 3.11%
- 10Y*
- —
KLMG.L vs. IHHG.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% |
IHHG.L iShares $ High Yield Corp Bond UCITS ETF GBP Hedged (Dist) | 1.59% | 9.03% | 6.38% | 9.77% | -10.41% | 3.44% | 5.12% |
Correlation
The correlation between KLMG.L and IHHG.L is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Jul 23, 2020 | 0.36 |
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
KLMG.L vs. IHHG.L — Risk / Return Rank
KLMG.L
IHHG.L
KLMG.L vs. IHHG.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 $ High Yield Corp Bond UCITS ETF GBP Hedged (Dist) (IHHG.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 | IHHG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.00 | ||
| Sortino ratioReturn per unit of downside risk | -1.67 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.32 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 0.68 | 2.27 | -1.58 |
| Martin ratioReturn relative to average drawdown | 1.99 | 10.12 | -8.13 |
Loading charts...
Drawdowns
KLMG.L vs. IHHG.L - Drawdown Comparison
The maximum KLMG.L drawdown since its inception was -23.89%, roughly equal to the maximum IHHG.L drawdown of -23.51%. Use the drawdown chart below to compare losses from any high point for KLMG.L and IHHG.L.
Loading charts...
Drawdown Indicators
| KLMG.L | IHHG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.89% | -23.51% | -0.38% |
Max Drawdown (1Y)Largest decline over 1 year | -3.11% | -2.54% | -0.57% |
Max Drawdown (3Y)Largest decline over 3 years | -3.39% | -4.38% | +0.99% |
Max Drawdown (5Y)Largest decline over 5 years | -23.07% | -14.78% | -8.29% |
Current DrawdownCurrent decline from peak | -9.20% | -0.23% | -8.97% |
Average DrawdownAverage peak-to-trough decline | -11.54% | -2.98% | -8.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.07% | 0.57% | +0.50% |
Volatility
KLMG.L vs. IHHG.L - Volatility Comparison
Lyxor Green Bond UCITS ETF GBP Hedged Dist (KLMG.L) has a higher volatility of 1.08% compared to iShares $ High Yield Corp Bond UCITS ETF GBP Hedged (Dist) (IHHG.L) at 0.79%. This indicates that KLMG.L's price experiences larger fluctuations and is considered to be riskier than IHHG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| KLMG.L | IHHG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.08% | 0.79% | +0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 3.19% | 2.83% | +0.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.91% | 3.75% | +0.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.91% | 6.70% | -0.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.54% | 8.01% | -2.47% |
KLMG.L vs. IHHG.L - Expense Ratio Comparison
KLMG.L has a 0.30% expense ratio, which is lower than IHHG.L's 0.55% expense ratio.
Dividends
KLMG.L vs. IHHG.L - Dividend Comparison
KLMG.L's dividend yield for the trailing twelve months is around 2.22%, less than IHHG.L's 6.15% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
IHHG.L iShares $ High Yield Corp Bond UCITS ETF GBP Hedged (Dist) | 6.15% | 6.06% | 6.23% | 5.55% | 5.21% | 4.25% | 4.89% | 5.47% | 3.58% |
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% |
Frequently Asked Questions
KLMG.L and IHHG.L have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, KLMG.L is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
KLMG.L is cheaper with a 0.30% expense ratio, compared with 0.55% for IHHG.L.
KLMG.L is categorized as Global Corporate Bonds, while IHHG.L is Corporate Bonds. KLMG.L tracks Bloomberg Gbl Agg Corp TR Hdg GBP, while IHHG.L tracks iBoxx USD Liquid High Yield Capped (USD). They also come from different issuers: Amundi and iShares. Their fees differ too: 0.30% for KLMG.L and 0.55% for IHHG.L.
Find the right allocation for KLMG.L and IHHG.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