SSXF.L vs. 0GGH.L
SSXF.L (iShares £ Corp Bond ex-Financials UCITS ETF GBP (Dist)) and 0GGH.L (iShares Core Global Aggregate Bond UCITS ETF EUR Hedged (Acc)) are both Global Bonds funds from iShares - SSXF.L tracks the iShares £ Corp Bond ex-Financials UCITS ETF GBP (Dist) while 0GGH.L tracks the Bloomberg Global Aggregate Bond Index. Both are passively managed. Over the past 5 years, SSXF.L returned -2.17%/yr vs -1.55%/yr for 0GGH.L. At a 0.45 correlation, their price movements are largely independent. SSXF.L charges 0.20%/yr vs 0.10%/yr for 0GGH.L.
Performance
SSXF.L vs. 0GGH.L - Performance Comparison
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Returns By Period
In the year-to-date period, SSXF.L achieves a -0.15% return, which is significantly higher than 0GGH.L's -0.48% return.
SSXF.L
- 1D
- 0.64%
- 1M
- 0.86%
- 6M
- -2.02%
- YTD
- -0.15%
- 1Y
- 3.48%
- 3Y*
- 5.08%
- 5Y*
- -2.17%
- 10Y*
- 0.32%
0GGH.L
- 1D
- -0.08%
- 1M
- -0.69%
- 6M
- -0.69%
- YTD
- -0.48%
- 1Y
- 1.16%
- 3Y*
- 2.17%
- 5Y*
- -1.55%
- 10Y*
- —
SSXF.L vs. 0GGH.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SSXF.L iShares £ Corp Bond ex-Financials UCITS ETF GBP (Dist) | -0.15% | 1.57% | 4.52% | 10.82% | -24.14% | 2.57% | 2.91% | 17.08% | -2.97% | 1.41% |
0GGH.L iShares Core Global Aggregate Bond UCITS ETF EUR Hedged (Acc) | -0.48% | 2.71% | 1.27% | 4.35% | -13.33% | -2.45% | 3.79% | 4.91% | -1.24% | -0.35% |
Correlation
The correlation between SSXF.L and 0GGH.L is 0.51, 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 | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Nov 23, 2017 | 0.45 |
The correlation between SSXF.L and 0GGH.L shifts across timeframes, from 0.45 (all time) to 0.56 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
SSXF.L vs. 0GGH.L — Risk / Return Rank
SSXF.L
0GGH.L
SSXF.L vs. 0GGH.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares £ Corp Bond ex-Financials UCITS ETF GBP (Dist) (SSXF.L) and iShares Core Global Aggregate Bond UCITS ETF EUR Hedged (Acc) (0GGH.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SSXF.L | 0GGH.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.22 | ||
| Sortino ratioReturn per unit of downside risk | +0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.05 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.57 | 0.34 | +0.24 |
| Martin ratioReturn relative to average drawdown | 1.29 | 0.86 | +0.42 |
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Drawdowns
SSXF.L vs. 0GGH.L - Drawdown Comparison
The maximum SSXF.L drawdown since its inception was -33.80%, which is greater than 0GGH.L's maximum drawdown of -21.17%. Use the drawdown chart below to compare losses from any high point for SSXF.L and 0GGH.L.
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Drawdown Indicators
| SSXF.L | 0GGH.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.80% | -21.17% | -12.63% |
Max Drawdown (1Y)Largest decline over 1 year | -6.58% | -2.80% | -3.78% |
Max Drawdown (3Y)Largest decline over 3 years | -8.00% | -3.90% | -4.10% |
Max Drawdown (5Y)Largest decline over 5 years | -33.80% | -21.17% | -12.63% |
Max Drawdown (10Y)Largest decline over 10 years | -33.80% | — | — |
Current DrawdownCurrent decline from peak | -12.39% | -12.70% | +0.31% |
Average DrawdownAverage peak-to-trough decline | -8.30% | -8.72% | +0.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.94% | 1.10% | +1.84% |
Volatility
SSXF.L vs. 0GGH.L - Volatility Comparison
iShares £ Corp Bond ex-Financials UCITS ETF GBP (Dist) (SSXF.L) has a higher volatility of 1.90% compared to iShares Core Global Aggregate Bond UCITS ETF EUR Hedged (Acc) (0GGH.L) at 0.99%. This indicates that SSXF.L's price experiences larger fluctuations and is considered to be riskier than 0GGH.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SSXF.L | 0GGH.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.90% | 0.99% | +0.91% |
Volatility (6M)Calculated over the trailing 6-month period | 6.48% | 2.75% | +3.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.58% | 3.33% | +4.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.87% | 24.29% | -14.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.83% | 20.91% | -11.08% |
SSXF.L vs. 0GGH.L - Expense Ratio Comparison
SSXF.L has a 0.20% expense ratio, which is higher than 0GGH.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
SSXF.L vs. 0GGH.L - Dividend Comparison
SSXF.L's dividend yield for the trailing twelve months is around 4.53%, while 0GGH.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
0GGH.L iShares Core Global Aggregate Bond UCITS ETF EUR Hedged (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% |
SSXF.L iShares £ Corp Bond ex-Financials UCITS ETF GBP (Dist) | 4.53% | 4.34% | 3.88% | 3.14% | 3.09% | 2.23% | 2.35% | 2.55% | 2.89% | 2.90% | 3.78% | 2.01% |
Frequently Asked Questions
SSXF.L and 0GGH.L have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 0GGH.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
0GGH.L is cheaper with a 0.10% expense ratio, compared with 0.20% for SSXF.L.
SSXF.L tracks iShares £ Corp Bond ex-Financials UCITS ETF GBP (Dist), while 0GGH.L tracks Bloomberg Global Aggregate Bond Index. Their fees differ too: 0.20% for SSXF.L and 0.10% for 0GGH.L.
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