SGIL.L vs. TIP5.L
SGIL.L (iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc)) and TIP5.L (iShares USD TIPS 0-5 UCITS ETF USD (Dist)) are both Inflation-Protected Bonds funds from iShares - SGIL.L tracks the Bloomberg Gbl Infl Linked TR USD while TIP5.L tracks the ICE U.S. Treasury Inflation Linked Bond Index 0-5. Both are passively managed. Over the past 5 years, SGIL.L returned -1.24%/yr vs 4.42%/yr for TIP5.L. A 0.55 correlation means they provide meaningful diversification when combined. SGIL.L charges 0.20%/yr vs 0.10%/yr for TIP5.L.
Performance
SGIL.L vs. TIP5.L - Performance Comparison
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Different Trading Currencies
SGIL.L is traded in GBP, while TIP5.L is traded in USD. To make them comparable, the TIP5.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 TIP5.L's 2.18% return.
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%
TIP5.L
- 1D
- -0.01%
- 1M
- 0.94%
- YTD
- 2.18%
- 6M
- 1.36%
- 1Y
- 5.42%
- 3Y*
- 2.54%
- 5Y*
- 4.42%
- 10Y*
- —
SGIL.L vs. TIP5.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% | -0.73% |
TIP5.L iShares USD TIPS 0-5 UCITS ETF USD (Dist) | 2.18% | -1.35% | 6.73% | -0.97% | 8.82% | 6.42% | 1.83% | 0.91% | 6.52% | -3.93% |
Correlation
The correlation between SGIL.L and TIP5.L is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since May 24, 2017 | 0.55 |
The correlation between SGIL.L and TIP5.L shifts across timeframes, from 0.41 (1 year) to 0.55 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
SGIL.L vs. TIP5.L — Risk / Return Rank
SGIL.L
TIP5.L
SGIL.L vs. TIP5.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 USD TIPS 0-5 UCITS ETF USD (Dist) (TIP5.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 | TIP5.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.17 | ||
| Sortino ratioReturn per unit of downside risk | +0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.14 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.56 | 0.97 | +0.59 |
| Martin ratioReturn relative to average drawdown | 3.06 | 2.77 | +0.29 |
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 | TIP5.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.98 | 0.81 | +0.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.15 | 0.53 | -0.67 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.20 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.33 | +0.07 |
Drawdowns
SGIL.L vs. TIP5.L - Drawdown Comparison
The maximum SGIL.L drawdown since its inception was -20.23%, which is greater than TIP5.L's maximum drawdown of -16.56%. Use the drawdown chart below to compare losses from any high point for SGIL.L and TIP5.L.
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Drawdown Indicators
| SGIL.L | TIP5.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.23% | -16.56% | -3.67% |
Max Drawdown (1Y)Largest decline over 1 year | -3.17% | -5.59% | +2.42% |
Max Drawdown (3Y)Largest decline over 3 years | -5.63% | -8.61% | +2.98% |
Max Drawdown (5Y)Largest decline over 5 years | -20.23% | -16.56% | -3.67% |
Max Drawdown (10Y)Largest decline over 10 years | -20.23% | — | — |
Current DrawdownCurrent decline from peak | -15.00% | -5.15% | -9.85% |
Average DrawdownAverage peak-to-trough decline | -6.79% | -6.55% | -0.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.62% | 1.95% | -0.33% |
Volatility
SGIL.L vs. TIP5.L - Volatility Comparison
The current volatility for iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc) (SGIL.L) is 1.13%, while iShares USD TIPS 0-5 UCITS ETF USD (Dist) (TIP5.L) has a volatility of 1.70%. This indicates that SGIL.L experiences smaller price fluctuations and is considered to be less risky than TIP5.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 | TIP5.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.13% | 1.70% | -0.57% |
Volatility (6M)Calculated over the trailing 6-month period | 3.56% | 5.09% | -1.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.03% | 6.67% | -1.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.38% | 8.39% | -0.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.97% | 8.74% | +0.23% |
SGIL.L vs. TIP5.L - Expense Ratio Comparison
SGIL.L has a 0.20% expense ratio, which is higher than TIP5.L's 0.10% 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
SGIL.L vs. TIP5.L - Dividend Comparison
SGIL.L has not paid dividends to shareholders, while TIP5.L's dividend yield for the trailing twelve months is around 5.81%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
SGIL.L iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TIP5.L iShares USD TIPS 0-5 UCITS ETF USD (Dist) | 5.81% | 5.93% | 6.97% | 5.15% | 0.34% | 0.37% | 3.00% | 3.27% | 2.99% | 1.03% |
Frequently Asked Questions
SGIL.L and TIP5.L have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TIP5.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TIP5.L is cheaper with a 0.10% expense ratio, compared with 0.20% for SGIL.L.
SGIL.L tracks Bloomberg Gbl Infl Linked TR USD, while TIP5.L tracks ICE U.S. Treasury Inflation Linked Bond Index 0-5. Their fees differ too: 0.20% for SGIL.L and 0.10% for TIP5.L.
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