SLXX.L vs. IGSD.L
SLXX.L (iShares Core £ Corp Bond UCITS ETF) and IGSD.L (iShares USD Short Duration Corporate Bond UCITS ETF (Dist)) are both Corporate Bonds funds - SLXX.L tracks the Markit iBoxx GBP Liquid Corporates Large Cap Index while IGSD.L tracks the Bloomberg US Corp 1-3 Yr TR USD. Both are passively managed. Over the past 10 years, SLXX.L returned 1.80%/yr vs 3.88%/yr for IGSD.L. At a 0.11 correlation, their price movements are largely independent. Both charge a 0.20% expense ratio.
Performance
SLXX.L vs. IGSD.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SLXX.L achieves a -0.09% return, which is significantly lower than IGSD.L's 1.02% return. Over the past 10 years, SLXX.L has underperformed IGSD.L with an annualized return of 1.80%, while IGSD.L has yielded a comparatively higher 3.88% annualized return.
SLXX.L
- 1D
- 0.21%
- 1M
- 1.02%
- YTD
- -0.09%
- 6M
- 0.31%
- 1Y
- 4.74%
- 3Y*
- 5.83%
- 5Y*
- -0.77%
- 10Y*
- 1.80%
IGSD.L
- 1D
- 0.21%
- 1M
- 1.20%
- YTD
- 1.02%
- 6M
- 0.71%
- 1Y
- 6.16%
- 3Y*
- 3.32%
- 5Y*
- 4.01%
- 10Y*
- 3.88%
SLXX.L vs. IGSD.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SLXX.L iShares Core £ Corp Bond UCITS ETF | -0.09% | 6.50% | 1.60% | 8.54% | -18.36% | -4.01% | 9.03% | 11.30% | -2.77% | 4.24% |
IGSD.L iShares USD Short Duration Corporate Bond UCITS ETF (Dist) | 1.02% | -0.44% | 7.51% | 0.40% | 7.27% | 0.80% | 1.22% | 3.52% | 7.44% | -6.51% |
Correlation
The correlation between SLXX.L and IGSD.L is -0.24, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.03 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Oct 22, 2013 | 0.11 |
The correlation between SLXX.L and IGSD.L shifts across timeframes, from -0.24 (1 year) to 0.11 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SLXX.L vs. IGSD.L — Risk / Return Rank
SLXX.L
IGSD.L
SLXX.L vs. IGSD.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core £ Corp Bond UCITS ETF (SLXX.L) and iShares USD Short Duration Corporate Bond UCITS ETF (Dist) (IGSD.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.
| SLXX.L | IGSD.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.11 | ||
| Sortino ratioReturn per unit of downside risk | -0.18 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.17 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.11 | 1.35 | -0.24 |
| Martin ratioReturn relative to average drawdown | 3.47 | 3.70 | -0.23 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SLXX.L | IGSD.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.85 | 0.95 | -0.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.10 | 0.51 | -0.61 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.22 | 0.42 | -0.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.50 | -0.06 |
Drawdowns
SLXX.L vs. IGSD.L - Drawdown Comparison
The maximum SLXX.L drawdown since its inception was -30.27%, which is greater than IGSD.L's maximum drawdown of -14.83%. Use the drawdown chart below to compare losses from any high point for SLXX.L and IGSD.L.
Loading charts...
Drawdown Indicators
| SLXX.L | IGSD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.27% | -14.83% | -15.44% |
Max Drawdown (1Y)Largest decline over 1 year | -4.25% | -4.15% | -0.10% |
Max Drawdown (3Y)Largest decline over 3 years | -4.25% | -8.18% | +3.93% |
Max Drawdown (5Y)Largest decline over 5 years | -29.34% | -14.83% | -14.51% |
Max Drawdown (10Y)Largest decline over 10 years | -30.27% | -14.83% | -15.44% |
Current DrawdownCurrent decline from peak | -8.12% | -2.28% | -5.84% |
Average DrawdownAverage peak-to-trough decline | -5.61% | -5.17% | -0.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.37% | 1.52% | -0.15% |
Volatility
SLXX.L vs. IGSD.L - Volatility Comparison
iShares Core £ Corp Bond UCITS ETF (SLXX.L) has a higher volatility of 2.11% compared to iShares USD Short Duration Corporate Bond UCITS ETF (Dist) (IGSD.L) at 1.60%. This indicates that SLXX.L's price experiences larger fluctuations and is considered to be riskier than IGSD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SLXX.L | IGSD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.11% | 1.60% | +0.51% |
Volatility (6M)Calculated over the trailing 6-month period | 4.81% | 4.32% | +0.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.59% | 5.91% | -0.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.06% | 7.82% | +0.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.08% | 9.13% | -1.05% |
SLXX.L vs. IGSD.L - Expense Ratio Comparison
Both SLXX.L and IGSD.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
SLXX.L vs. IGSD.L - Dividend Comparison
SLXX.L's dividend yield for the trailing twelve months is around 4.93%, less than IGSD.L's 5.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGSD.L iShares USD Short Duration Corporate Bond UCITS ETF (Dist) | 5.06% | 5.08% | 4.67% | 3.69% | 2.12% | 1.71% | 2.51% | 3.32% | 2.94% | 2.50% | 2.16% | 2.11% |
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
SLXX.L and IGSD.L have a correlation of -0.24, 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.
SLXX.L and IGSD.L have the same expense ratio: 0.20% per year.
SLXX.L tracks Markit iBoxx GBP Liquid Corporates Large Cap Index, while IGSD.L tracks Bloomberg US Corp 1-3 Yr TR USD. They also come from different issuers: iShares and BlackRock.
Find the right allocation for SLXX.L and IGSD.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer