SAGG.L vs. GAGG.L
SAGG.L (iShares Core Global Aggregate Bond UCITS ETF USD (Dist)) and GAGG.L (Amundi Index Barclays Global Agg 500M) are both Global Bonds funds tracking the Bloomberg Global Aggregate TR USD, from iShares and Amundi respectively. Both are passively managed. Over the past 5 years, SAGG.L returned 215.72%/yr vs -0.76%/yr for GAGG.L. Their correlation of 0.94 suggests significant overlap in exposure. SAGG.L charges 0.10%/yr vs 0.03%/yr for GAGG.L.
Performance
SAGG.L vs. GAGG.L - Performance Comparison
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Different Trading Currencies
SAGG.L is traded in GBP, while GAGG.L is traded in GBp. To make them comparable, the GAGG.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, SAGG.L achieves a -1.45% return, which is significantly lower than GAGG.L's 0.08% return.
SAGG.L
- 1D
- 0.26%
- 1M
- 1.02%
- YTD
- -1.45%
- 6M
- -1.68%
- 1Y
- 1.64%
- 3Y*
- 0.18%
- 5Y*
- 215.72%
- 10Y*
- —
GAGG.L
- 1D
- 0.15%
- 1M
- 1.11%
- YTD
- 0.08%
- 6M
- -0.06%
- 1Y
- 3.13%
- 3Y*
- 0.64%
- 5Y*
- -0.76%
- 10Y*
- —
SAGG.L vs. GAGG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SAGG.L iShares Core Global Aggregate Bond UCITS ETF USD (Dist) | -1.45% | 0.53% | 0.03% | 975.51% | 1,013.35% | 616.49% | 2,058.65% | 3,293.93% | 383.58% | -1.30% |
GAGG.L Amundi Index Barclays Global Agg 500M | 0.08% | 0.42% | 0.19% | -0.73% | -5.96% | -3.91% | 5.63% | 2.75% | 4.95% | -1.43% |
Correlation
The correlation between SAGG.L and GAGG.L is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.87 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.94 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since Nov 24, 2017 | 0.94 |
The correlation between SAGG.L and GAGG.L has been stable across timeframes, ranging from 0.87 to 0.94 - a consistent structural relationship.
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Return for Risk
SAGG.L vs. GAGG.L — Risk / Return Rank
SAGG.L
GAGG.L
SAGG.L vs. GAGG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core Global Aggregate Bond UCITS ETF USD (Dist) (SAGG.L) and Amundi Index Barclays Global Agg 500M (GAGG.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.
| SAGG.L | GAGG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.32 | ||
| Sortino ratioReturn per unit of downside risk | -0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.11 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.32 | 0.84 | -0.52 |
| Martin ratioReturn relative to average drawdown | 0.63 | 1.75 | -1.13 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SAGG.L | GAGG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.34 | 0.66 | -0.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | -0.12 | +0.57 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.98 | 0.03 | +0.95 |
Drawdowns
SAGG.L vs. GAGG.L - Drawdown Comparison
The maximum SAGG.L drawdown since its inception was -10.22%, smaller than the maximum GAGG.L drawdown of -19.47%. Use the drawdown chart below to compare losses from any high point for SAGG.L and GAGG.L.
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Drawdown Indicators
| SAGG.L | GAGG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.22% | -19.47% | +9.25% |
Max Drawdown (1Y)Largest decline over 1 year | -5.18% | -3.73% | -1.45% |
Max Drawdown (3Y)Largest decline over 3 years | -5.18% | -4.94% | -0.24% |
Max Drawdown (5Y)Largest decline over 5 years | -8.71% | -14.17% | +5.46% |
Current DrawdownCurrent decline from peak | -3.93% | -14.03% | +10.10% |
Average DrawdownAverage peak-to-trough decline | -3.27% | -9.68% | +6.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.61% | 1.78% | +0.83% |
Volatility
SAGG.L vs. GAGG.L - Volatility Comparison
iShares Core Global Aggregate Bond UCITS ETF USD (Dist) (SAGG.L) and Amundi Index Barclays Global Agg 500M (GAGG.L) have volatilities of 1.17% and 1.19%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SAGG.L | GAGG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.17% | 1.19% | -0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 3.64% | 3.47% | +0.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.81% | 4.70% | +0.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 475.05% | 6.55% | +468.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 485.36% | 7.17% | +478.19% |
SAGG.L vs. GAGG.L - Expense Ratio Comparison
SAGG.L has a 0.10% expense ratio, which is higher than GAGG.L's 0.03% 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%.
Dividends
SAGG.L vs. GAGG.L - Dividend Comparison
SAGG.L's dividend yield for the trailing twelve months is around 1.52%, while GAGG.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
GAGG.L Amundi Index Barclays Global Agg 500M | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SAGG.L iShares Core Global Aggregate Bond UCITS ETF USD (Dist) | 1.52% | 3.13% | 2.68% | 95.35% | 147.52% | 130.26% | 156.35% | 167.63% | 76.39% |
Frequently Asked Questions
SAGG.L and GAGG.L have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GAGG.L is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GAGG.L is cheaper with a 0.03% expense ratio, compared with 0.10% for SAGG.L.
Both ETFs track Bloomberg Global Aggregate TR USD. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.10% for SAGG.L and 0.03% for GAGG.L.
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