SGLO.L vs. IGLO.L
Compare and contrast key facts about iShares Global Government Bond UCITS ETF USD (Dist) (SGLO.L) and iShares Global Government Bond UCITS (IGLO.L).
SGLO.L and IGLO.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SGLO.L is a passively managed fund by iShares that tracks the performance of the Bloomberg Global Aggregate TR USD. It was launched on Mar 6, 2009. IGLO.L is a passively managed fund by iShares that tracks the performance of the Bloomberg Global Aggregate TR USD. It was launched on Mar 6, 2009. Both SGLO.L and IGLO.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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SGLO.L or IGLO.L.
Key characteristics
| SGLO.L | IGLO.L | |
|---|---|---|
| YTD Return | -0.23% | 2.37% |
| 1Y Return | 3.07% | 8.79% |
| 3Y Return (Ann) | -3.40% | -5.30% |
| 5Y Return (Ann) | -3.00% | -2.31% |
| 10Y Return (Ann) | 2.24% | -0.31% |
| Sharpe Ratio | 0.47 | 0.99 |
| Daily Std Dev | 6.09% | 7.61% |
| Max Drawdown | -25.54% | -28.01% |
| Current Drawdown | -21.58% | -18.43% |
Correlation
The correlation between SGLO.L and IGLO.L is 0.64, 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.
Performance
SGLO.L vs. IGLO.L - Performance Comparison
In the year-to-date period, SGLO.L achieves a -0.23% return, which is significantly lower than IGLO.L's 2.37% return. Over the past 10 years, SGLO.L has outperformed IGLO.L with an annualized return of 2.24%, while IGLO.L has yielded a comparatively lower -0.31% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SGLO.L vs. IGLO.L - Expense Ratio Comparison
Both SGLO.L and IGLO.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%.
Risk-Adjusted Performance
SGLO.L vs. IGLO.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Government Bond UCITS ETF USD (Dist) (SGLO.L) and iShares Global Government Bond UCITS (IGLO.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.
Dividends
SGLO.L vs. IGLO.L - Dividend Comparison
SGLO.L's dividend yield for the trailing twelve months is around 3.12%, more than IGLO.L's 2.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SGLO.L iShares Global Government Bond UCITS ETF USD (Dist) | 3.12% | 1.88% | 0.95% | 0.84% | 1.35% | 1.59% | 1.37% | 1.26% | 1.34% | 0.89% | 2.37% | 2.30% |
IGLO.L iShares Global Government Bond UCITS | 2.37% | 1.47% | 0.78% | 0.63% | 0.99% | 1.21% | 1.07% | 0.93% | 1.09% | 0.60% | 1.52% | 1.39% |
Drawdowns
SGLO.L vs. IGLO.L - Drawdown Comparison
The maximum SGLO.L drawdown since its inception was -25.54%, smaller than the maximum IGLO.L drawdown of -28.01%. Use the drawdown chart below to compare losses from any high point for SGLO.L and IGLO.L. For additional features, visit the drawdowns tool.
Volatility
SGLO.L vs. IGLO.L - Volatility Comparison
iShares Global Government Bond UCITS ETF USD (Dist) (SGLO.L) has a higher volatility of 2.27% compared to iShares Global Government Bond UCITS (IGLO.L) at 2.05%. This indicates that SGLO.L's price experiences larger fluctuations and is considered to be riskier than IGLO.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.