SGIL.L vs. IGIL.L
SGIL.L (iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc)) and IGIL.L (iShares Global Inflation Linked Govt Bond UCITS ETF USD Acc) are both Inflation-Protected Bonds funds from iShares - SGIL.L tracks the Bloomberg Gbl Infl Linked TR USD while IGIL.L tracks the Bloomberg World Government Inflation-Linked Bond Index. Both are passively managed. Over the past 10 years, SGIL.L returned 1.78%/yr vs 1.78%/yr for IGIL.L. A 0.69 correlation means they provide meaningful diversification when combined. Both charge a 0.20% expense ratio.
Performance
SGIL.L vs. IGIL.L - Performance Comparison
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Different Trading Currencies
SGIL.L is traded in GBP, while IGIL.L is traded in USD. To make them comparable, the IGIL.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, SGIL.L achieves a 1.14% return, which is significantly lower than IGIL.L's 1.38% return. Over a longer period, both investments have demonstrated similar performance, with their 10-year annualized returns being quite close: SGIL.L at 1.78% and IGIL.L at 1.78%.
SGIL.L
- 1D
- 0.01%
- 1M
- 0.35%
- YTD
- 1.14%
- 6M
- 0.44%
- 1Y
- 4.97%
- 3Y*
- 0.67%
- 5Y*
- -1.24%
- 10Y*
- 1.78%
IGIL.L
- 1D
- 0.08%
- 1M
- 0.64%
- YTD
- 1.38%
- 6M
- 0.32%
- 1Y
- 4.81%
- 3Y*
- 0.68%
- 5Y*
- -1.21%
- 10Y*
- 1.78%
SGIL.L vs. IGIL.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SGIL.L iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc) | 1.14% | 1.15% | -1.44% | -0.60% | -12.55% | 4.21% | 8.42% | 4.53% | 1.56% | -1.38% |
IGIL.L iShares Global Inflation Linked Govt Bond UCITS ETF USD Acc | 1.38% | 0.72% | -1.23% | -0.17% | -12.55% | 3.91% | 8.92% | 3.71% | 1.68% | -0.94% |
Correlation
The correlation between SGIL.L and IGIL.L is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.77 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Aug 7, 2008 | 0.69 |
The correlation between SGIL.L and IGIL.L shifts across timeframes, from 0.56 (1 year) to 0.78 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
SGIL.L vs. IGIL.L — Risk / Return Rank
SGIL.L
IGIL.L
SGIL.L vs. IGIL.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc) (SGIL.L) and iShares Global Inflation Linked Govt Bond UCITS ETF USD Acc (IGIL.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.
| SGIL.L | IGIL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.20 | ||
| Sortino ratioReturn per unit of downside risk | +0.30 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.14 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.56 | 1.28 | +0.28 |
| Martin ratioReturn relative to average drawdown | 3.06 | 2.93 | +0.13 |
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
| SGIL.L | IGIL.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.98 | 0.79 | +0.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.15 | -0.13 | -0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.20 | 0.18 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.40 | +0.01 |
Drawdowns
SGIL.L vs. IGIL.L - Drawdown Comparison
The maximum SGIL.L drawdown since its inception was -20.23%, roughly equal to the maximum IGIL.L drawdown of -20.30%. Use the drawdown chart below to compare losses from any high point for SGIL.L and IGIL.L.
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Drawdown Indicators
| SGIL.L | IGIL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.23% | -20.30% | +0.07% |
Max Drawdown (1Y)Largest decline over 1 year | -3.17% | -3.74% | +0.57% |
Max Drawdown (3Y)Largest decline over 3 years | -5.63% | -5.89% | +0.26% |
Max Drawdown (5Y)Largest decline over 5 years | -20.23% | -20.30% | +0.07% |
Max Drawdown (10Y)Largest decline over 10 years | -20.23% | -20.30% | +0.07% |
Current DrawdownCurrent decline from peak | -15.00% | -14.84% | -0.16% |
Average DrawdownAverage peak-to-trough decline | -6.79% | -7.16% | +0.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.62% | 1.64% | -0.02% |
Volatility
SGIL.L vs. IGIL.L - Volatility Comparison
The current volatility for iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc) (SGIL.L) is 1.13%, while iShares Global Inflation Linked Govt Bond UCITS ETF USD Acc (IGIL.L) has a volatility of 1.61%. This indicates that SGIL.L experiences smaller price fluctuations and is considered to be less risky than IGIL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SGIL.L | IGIL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.13% | 1.61% | -0.48% |
Volatility (6M)Calculated over the trailing 6-month period | 3.56% | 4.98% | -1.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.03% | 6.07% | -1.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.38% | 9.34% | -0.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.97% | 10.00% | -1.03% |
SGIL.L vs. IGIL.L - Expense Ratio Comparison
Both SGIL.L and IGIL.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
SGIL.L vs. IGIL.L - Dividend Comparison
Neither SGIL.L nor IGIL.L has paid dividends to shareholders.
Frequently Asked Questions
SGIL.L and IGIL.L have a correlation of 0.56, 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.
SGIL.L and IGIL.L have the same expense ratio: 0.20% per year.
SGIL.L tracks Bloomberg Gbl Infl Linked TR USD, while IGIL.L tracks Bloomberg World Government Inflation-Linked Bond Index.
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