LGJG.L vs. IGLT.L

Last updated Apr 2, 2026

Compare and contrast key facts about L&G Japan Equity UCITS ETF (LGJG.L) and iShares Core UK Gilts UCITS ETF (IGLT.L).

LGJG.L and IGLT.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LGJG.L is a passively managed fund by Legal & General that tracks the performance of the TOPIX TR JPY. It was launched on Nov 7, 2018. IGLT.L is a passively managed fund by iShares that tracks the performance of the FTSE Actuaries UK Conventional Gilts All Stocks Index. It was launched on Dec 1, 2006. Both LGJG.L and IGLT.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.

Performance

LGJG.L vs. IGLT.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in L&G Japan Equity UCITS ETF (LGJG.L) and iShares Core UK Gilts UCITS ETF (IGLT.L). The values are adjusted to include any dividend payments, if applicable.

LGJG.L vs. IGLT.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
LGJG.L L&G Japan Equity UCITS ETF	7.40%	17.46%	10.01%	13.64%	-6.84%	1.78%	13.24%	11.39%
IGLT.L iShares Core UK Gilts UCITS ETF	-0.83%	4.69%	-3.33%	3.56%	-23.71%	-5.03%	8.08%	6.19%

Different Trading Currencies

LGJG.L is traded in GBp, while IGLT.L is traded in GBP. To make them comparable, the IGLT.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, LGJG.L achieves a 7.40% return, which is significantly higher than IGLT.L's -0.83% return.

LGJG.L

• 1D: 4.20%
• 1M: -3.32%
• YTD: 7.40%
• 6M: 12.34%
• 1Y: 28.78%
• 3Y*: 14.71%
• 5Y*: 8.37%
• 10Y*: —

IGLT.L

• 1D: 0.69%
• 1M: -2.75%
• YTD: -0.83%
• 6M: 1.85%
• 1Y: 2.96%
• 3Y*: 0.64%
• 5Y*: -4.19%
• 10Y*: -0.72%

*Multi-year figures are annualized to reflect compound growth (CAGR)

LGJG.L vs. IGLT.L - Expense Ratio Comparison

LGJG.L has a 0.10% expense ratio, which is higher than IGLT.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%.

LGJG.L

L&G Japan Equity UCITS ETF

IGLT.L

iShares Core UK Gilts UCITS ETF

Return for Risk

LGJG.L vs. IGLT.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LGJG.L

LGJG.L Risk / Return Rank: 79
LGJG.L Sharpe Ratio Rank: 78
LGJG.L Sortino Ratio Rank: 80
LGJG.L Omega Ratio Rank: 75
LGJG.L Calmar Ratio Rank: 83
LGJG.L Martin Ratio Rank: 81

IGLT.L

IGLT.L Risk / Return Rank: 25
IGLT.L Sharpe Ratio Rank: 25
IGLT.L Sortino Ratio Rank: 23
IGLT.L Omega Ratio Rank: 22
IGLT.L Calmar Ratio Rank: 28
IGLT.L Martin Ratio Rank: 27

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LGJG.L vs. IGLT.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for L&G Japan Equity UCITS ETF (LGJG.L) and iShares Core UK Gilts UCITS ETF (IGLT.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.

	LGJG.L	IGLT.L	Difference
Sharpe ratio Return per unit of total volatility	1.54	0.48	+1.06
Sortino ratio Return per unit of downside risk	2.16	0.69	+1.47
Omega ratio Gain probability vs. loss probability	1.30	1.09	+0.21
Calmar ratio Return relative to maximum drawdown	2.64	0.68	+1.96
Martin ratio Return relative to average drawdown	9.71	2.28	+7.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LGJG.L vs. IGLT.L - Sharpe Ratio Comparison

The current LGJG.L Sharpe Ratio is 1.54, which is higher than the IGLT.L Sharpe Ratio of 0.48. The chart below compares the historical Sharpe Ratios of LGJG.L and IGLT.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	LGJG.L	IGLT.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.54	0.48	+1.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.54	-0.42	+0.96
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-0.08	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	0.28	+0.32

Correlation

The correlation between LGJG.L and IGLT.L is 0.05, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

LGJG.L vs. IGLT.L - Dividend Comparison

LGJG.L has not paid dividends to shareholders, while IGLT.L's dividend yield for the trailing twelve months is around 4.29%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LGJG.L L&G Japan Equity UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IGLT.L iShares Core UK Gilts UCITS ETF	4.29%	4.26%	3.69%	2.40%	1.32%	0.79%	0.95%	1.25%	1.31%	1.30%	1.88%	2.05%

Drawdowns

LGJG.L vs. IGLT.L - Drawdown Comparison

The maximum LGJG.L drawdown since its inception was -22.92%, smaller than the maximum IGLT.L drawdown of -35.52%. Use the drawdown chart below to compare losses from any high point for LGJG.L and IGLT.L.

Drawdown Indicators

	LGJG.L	IGLT.L	Difference
Max Drawdown Largest peak-to-trough decline	-22.92%	-35.52%	+12.60%
Max Drawdown (1Y) Largest decline over 1 year	-11.04%	-4.53%	-6.51%
Max Drawdown (5Y) Largest decline over 5 years	-18.20%	-33.49%	+15.29%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.52%	—
Current Drawdown Current decline from peak	-5.76%	-25.96%	+20.20%
Average Drawdown Average peak-to-trough decline	-5.19%	-8.10%	+2.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.00%	1.35%	+1.65%

Volatility

LGJG.L vs. IGLT.L - Volatility Comparison

L&G Japan Equity UCITS ETF (LGJG.L) has a higher volatility of 8.25% compared to iShares Core UK Gilts UCITS ETF (IGLT.L) at 2.80%. This indicates that LGJG.L's price experiences larger fluctuations and is considered to be riskier than IGLT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LGJG.L	IGLT.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.25%	2.80%	+5.45%
Volatility (6M) Calculated over the trailing 6-month period	14.06%	4.03%	+10.03%
Volatility (1Y) Calculated over the trailing 1-year period	18.67%	6.15%	+12.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.49%	9.96%	+5.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.78%	8.99%	+7.79%