SDIA.L vs. SLXX.L
SDIA.L (iShares USD Short Duration Corporate Bond UCITS ETF (Acc)) and SLXX.L (iShares Core £ Corp Bond UCITS ETF) are both Corporate Bonds funds from iShares - SDIA.L tracks the Bloomberg US Corp 1-3 Yr TR USD while SLXX.L tracks the Markit iBoxx GBP Liquid Corporates Large Cap Index. Both are passively managed. Over the past 5 years, SDIA.L returned 2.40%/yr vs -1.81%/yr for SLXX.L. At a 0.41 correlation, their price movements are largely independent. Both charge a 0.20% expense ratio.
Performance
SDIA.L vs. SLXX.L - Performance Comparison
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Different Trading Currencies
SDIA.L is traded in USD, while SLXX.L is traded in GBP. To make them comparable, the SLXX.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, SDIA.L achieves a 0.79% return, which is significantly higher than SLXX.L's -0.33% return.
SDIA.L
- 1D
- 0.11%
- 1M
- 0.39%
- YTD
- 0.79%
- 6M
- 1.24%
- 1Y
- 4.27%
- 3Y*
- 5.27%
- 5Y*
- 2.40%
- 10Y*
- —
SLXX.L
- 1D
- 0.26%
- 1M
- 1.20%
- YTD
- -0.33%
- 6M
- 0.88%
- 1Y
- 3.75%
- 3Y*
- 8.56%
- 5Y*
- -1.81%
- 10Y*
- 1.06%
SDIA.L vs. SLXX.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SDIA.L iShares USD Short Duration Corporate Bond UCITS ETF (Acc) | 0.79% | 6.17% | 4.99% | 5.64% | -4.49% | -0.70% | 4.50% | 6.12% | 0.82% | 0.92% |
SLXX.L iShares Core £ Corp Bond UCITS ETF | -0.33% | 14.54% | -0.10% | 14.27% | -27.09% | -4.88% | 12.37% | 15.77% | -8.27% | 6.81% |
Correlation
The correlation between SDIA.L and SLXX.L is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since May 9, 2017 | 0.41 |
The correlation between SDIA.L and SLXX.L has been stable across timeframes, ranging from 0.41 to 0.50 - a consistent structural relationship.
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Return for Risk
SDIA.L vs. SLXX.L — Risk / Return Rank
SDIA.L
SLXX.L
SDIA.L vs. SLXX.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares USD Short Duration Corporate Bond UCITS ETF (Acc) (SDIA.L) and iShares Core £ Corp Bond UCITS ETF (SLXX.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.
| SDIA.L | SLXX.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.93 | ||
| Sortino ratioReturn per unit of downside risk | +2.91 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.07 | +0.38 |
| Calmar ratioReturn relative to maximum drawdown | 4.17 | 0.53 | +3.64 |
| Martin ratioReturn relative to average drawdown | 16.33 | 1.38 | +14.96 |
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
| SDIA.L | SLXX.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.32 | 0.39 | +1.93 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.92 | -0.14 | +1.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.08 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.79 | 0.11 | +0.68 |
Drawdowns
SDIA.L vs. SLXX.L - Drawdown Comparison
The maximum SDIA.L drawdown since its inception was -12.55%, smaller than the maximum SLXX.L drawdown of -46.39%. Use the drawdown chart below to compare losses from any high point for SDIA.L and SLXX.L.
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Drawdown Indicators
| SDIA.L | SLXX.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.55% | -46.39% | +33.84% |
Max Drawdown (1Y)Largest decline over 1 year | -1.02% | -7.02% | +6.00% |
Max Drawdown (3Y)Largest decline over 3 years | -1.32% | -10.95% | +9.63% |
Max Drawdown (5Y)Largest decline over 5 years | -7.61% | -45.36% | +37.75% |
Max Drawdown (10Y)Largest decline over 10 years | — | -45.36% | — |
Current DrawdownCurrent decline from peak | -0.03% | -10.21% | +10.18% |
Average DrawdownAverage peak-to-trough decline | -1.17% | -11.95% | +10.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.26% | 2.72% | -2.46% |
Volatility
SDIA.L vs. SLXX.L - Volatility Comparison
The current volatility for iShares USD Short Duration Corporate Bond UCITS ETF (Acc) (SDIA.L) is 0.83%, while iShares Core £ Corp Bond UCITS ETF (SLXX.L) has a volatility of 3.08%. This indicates that SDIA.L experiences smaller price fluctuations and is considered to be less risky than SLXX.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SDIA.L | SLXX.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.83% | 3.08% | -2.25% |
Volatility (6M)Calculated over the trailing 6-month period | 1.51% | 7.49% | -5.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.84% | 9.70% | -7.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.62% | 12.84% | -10.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.44% | 12.82% | -9.38% |
SDIA.L vs. SLXX.L - Expense Ratio Comparison
Both SDIA.L and SLXX.L have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
SDIA.L vs. SLXX.L - Dividend Comparison
SDIA.L has not paid dividends to shareholders, while SLXX.L's dividend yield for the trailing twelve months is around 4.93%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SDIA.L iShares USD Short Duration Corporate Bond UCITS ETF (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SLXX.L iShares Core £ Corp Bond UCITS ETF | 4.93% | 4.82% | 4.68% | 4.06% | 2.75% | 2.06% | 2.12% | 2.44% | 2.71% | 2.73% | 2.99% | 3.39% |
Frequently Asked Questions
SDIA.L and SLXX.L have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.20% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
SDIA.L and SLXX.L have the same expense ratio: 0.20% per year.
SDIA.L tracks Bloomberg US Corp 1-3 Yr TR USD, while SLXX.L tracks Markit iBoxx GBP Liquid Corporates Large Cap Index.
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