SAGG.L vs. VAGP.L

Last updated Apr 2, 2026

Compare and contrast key facts about iShares Core Global Aggregate Bond UCITS ETF USD (Dist) (SAGG.L) and Vanguard Global Aggregate Bond UCITS ETF GBP Hedged Distributing (VAGP.L).

SAGG.L and VAGP.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SAGG.L is a passively managed fund by iShares that tracks the performance of the Bloomberg Global Aggregate TR USD. It was launched on Nov 21, 2017. VAGP.L is a passively managed fund by Vanguard that tracks the performance of the Bloomberg Global Aggregate TR Hdg GBP. It was launched on Jun 18, 2019. Both SAGG.L and VAGP.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

SAGG.L vs. VAGP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares Core Global Aggregate Bond UCITS ETF USD (Dist) (SAGG.L) and Vanguard Global Aggregate Bond UCITS ETF GBP Hedged Distributing (VAGP.L). The values are adjusted to include any dividend payments, if applicable.

SAGG.L vs. VAGP.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
SAGG.L iShares Core Global Aggregate Bond UCITS ETF USD (Dist)	-0.98%	0.53%	0.03%	975.51%	1,013.35%	616.49%	2,058.65%	478.72%
VAGP.L Vanguard Global Aggregate Bond UCITS ETF GBP Hedged Distributing	-0.24%	4.96%	2.51%	5.84%	-13.81%	-2.03%	5.31%	2.30%

Returns By Period

In the year-to-date period, SAGG.L achieves a -0.98% return, which is significantly lower than VAGP.L's -0.24% return.

SAGG.L

• 1D: 0.02%
• 1M: -1.15%
• YTD: -0.98%
• 6M: -0.74%
• 1Y: 0.01%
• 3Y*: -0.26%
• 5Y*: 215.70%
• 10Y*: —

VAGP.L

• 1D: 0.27%
• 1M: -1.43%
• YTD: -0.24%
• 6M: 0.61%
• 1Y: 3.21%
• 3Y*: 3.54%
• 5Y*: -0.27%
• 10Y*: —

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

SAGG.L vs. VAGP.L - Expense Ratio Comparison

Both SAGG.L and VAGP.L have an expense ratio of 0.10%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

SAGG.L

iShares Core Global Aggregate Bond UCITS ETF USD (Dist)

VAGP.L

Vanguard Global Aggregate Bond UCITS ETF GBP Hedged Distributing

Return for Risk

SAGG.L vs. VAGP.L — Risk / Return Rank

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

SAGG.L

SAGG.L Risk / Return Rank: 11
SAGG.L Sharpe Ratio Rank: 12
SAGG.L Sortino Ratio Rank: 10
SAGG.L Omega Ratio Rank: 10
SAGG.L Calmar Ratio Rank: 13
SAGG.L Martin Ratio Rank: 13

VAGP.L

VAGP.L Risk / Return Rank: 42
VAGP.L Sharpe Ratio Rank: 45
VAGP.L Sortino Ratio Rank: 41
VAGP.L Omega Ratio Rank: 37
VAGP.L Calmar Ratio Rank: 46
VAGP.L Martin Ratio Rank: 43

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.

SAGG.L vs. VAGP.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 Vanguard Global Aggregate Bond UCITS ETF GBP Hedged Distributing (VAGP.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	VAGP.L	Difference
Sharpe ratio Return per unit of total volatility	0.00	0.87	-0.87
Sortino ratio Return per unit of downside risk	0.04	1.20	-1.16
Omega ratio Gain probability vs. loss probability	1.00	1.16	-0.15
Calmar ratio Return relative to maximum drawdown	0.06	1.25	-1.20
Martin ratio Return relative to average drawdown	0.10	4.20	-4.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SAGG.L vs. VAGP.L - Sharpe Ratio Comparison

The current SAGG.L Sharpe Ratio is 0.00, which is lower than the VAGP.L Sharpe Ratio of 0.87. The chart below compares the historical Sharpe Ratios of SAGG.L and VAGP.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

	SAGG.L	VAGP.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.00	0.87	-0.87
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.45	-0.06	+0.51
Sharpe Ratio (All Time) Calculated using the full available price history	1.01	0.11	+0.90

Correlation

The correlation between SAGG.L and VAGP.L is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

SAGG.L vs. VAGP.L - Dividend Comparison

SAGG.L's dividend yield for the trailing twelve months is around 1.52%, less than VAGP.L's 3.53% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
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%
VAGP.L Vanguard Global Aggregate Bond UCITS ETF GBP Hedged Distributing	3.53%	3.50%	3.08%	2.37%	1.46%	0.86%	1.21%	0.59%	0.00%

Drawdowns

SAGG.L vs. VAGP.L - Drawdown Comparison

The maximum SAGG.L drawdown since its inception was -10.22%, smaller than the maximum VAGP.L drawdown of -18.13%. Use the drawdown chart below to compare losses from any high point for SAGG.L and VAGP.L.

Drawdown Indicators

	SAGG.L	VAGP.L	Difference
Max Drawdown Largest peak-to-trough decline	-10.22%	-18.13%	+7.91%
Max Drawdown (1Y) Largest decline over 1 year	-5.18%	-2.67%	-2.51%
Max Drawdown (5Y) Largest decline over 5 years	-8.71%	-17.70%	+8.99%
Current Drawdown Current decline from peak	-3.48%	-4.17%	+0.69%
Average Drawdown Average peak-to-trough decline	-3.25%	-6.75%	+3.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.85%	0.80%	+2.05%

Volatility

SAGG.L vs. VAGP.L - Volatility Comparison

iShares Core Global Aggregate Bond UCITS ETF USD (Dist) (SAGG.L) has a higher volatility of 1.74% compared to Vanguard Global Aggregate Bond UCITS ETF GBP Hedged Distributing (VAGP.L) at 1.52%. This indicates that SAGG.L's price experiences larger fluctuations and is considered to be riskier than VAGP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SAGG.L	VAGP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.74%	1.52%	+0.22%
Volatility (6M) Calculated over the trailing 6-month period	3.76%	2.24%	+1.52%
Volatility (1Y) Calculated over the trailing 1-year period	5.34%	3.69%	+1.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	475.06%	4.72%	+470.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	490.16%	4.50%	+485.66%