SUKC.L vs. GBP5.L

Last updated Apr 2, 2026

Compare and contrast key facts about SPDR Bloomberg 0-5 Year Sterling Corporate Bond UCITS ETF (SUKC.L) and L&G ESG GBP Corporate Bond 0-5 Year UCITS ETF (GBP5.L).

SUKC.L and GBP5.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SUKC.L is a passively managed fund by State Street that tracks the performance of the Markit iBoxx GBP NonGilts 1-5 TR. It was launched on Feb 17, 2014. GBP5.L is a passively managed fund by Legal & General that tracks the performance of the Markit iBoxx GBP NonGilts 1-5 TR. It was launched on Dec 3, 2020. Both SUKC.L and GBP5.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.

Performance

SUKC.L vs. GBP5.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in SPDR Bloomberg 0-5 Year Sterling Corporate Bond UCITS ETF (SUKC.L) and L&G ESG GBP Corporate Bond 0-5 Year UCITS ETF (GBP5.L). The values are adjusted to include any dividend payments, if applicable.

SUKC.L vs. GBP5.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SUKC.L SPDR Bloomberg 0-5 Year Sterling Corporate Bond UCITS ETF	-2.64%	3.90%	4.82%	7.17%	-5.78%	-0.47%
GBP5.L L&G ESG GBP Corporate Bond 0-5 Year UCITS ETF	-0.48%	6.37%	4.55%	6.90%	-6.01%	-0.54%

Different Trading Currencies

SUKC.L is traded in GBP, while GBP5.L is traded in GBp. To make them comparable, the GBP5.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, SUKC.L achieves a -2.64% return, which is significantly lower than GBP5.L's -0.48% return.

SUKC.L

• 1D: 0.17%
• 1M: -0.92%
• YTD: -2.64%
• 6M: -1.30%
• 1Y: -0.05%
• 3Y*: 3.89%
• 5Y*: 1.34%
• 10Y*: 1.84%

GBP5.L

• 1D: 0.28%
• 1M: -1.13%
• YTD: -0.48%
• 6M: 1.12%
• 1Y: 5.14%
• 3Y*: 5.30%
• 5Y*: 2.09%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SUKC.L vs. GBP5.L - Expense Ratio Comparison

SUKC.L has a 0.20% expense ratio, which is higher than GBP5.L's 0.09% 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%.

SUKC.L

SPDR Bloomberg 0-5 Year Sterling Corporate Bond UCITS ETF

GBP5.L

L&G ESG GBP Corporate Bond 0-5 Year UCITS ETF

Return for Risk

SUKC.L vs. GBP5.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SUKC.L

SUKC.L Risk / Return Rank: 10
SUKC.L Sharpe Ratio Rank: 11
SUKC.L Sortino Ratio Rank: 10
SUKC.L Omega Ratio Rank: 10
SUKC.L Calmar Ratio Rank: 10
SUKC.L Martin Ratio Rank: 10

GBP5.L

GBP5.L Risk / Return Rank: 83
GBP5.L Sharpe Ratio Rank: 81
GBP5.L Sortino Ratio Rank: 85
GBP5.L Omega Ratio Rank: 82
GBP5.L Calmar Ratio Rank: 81
GBP5.L Martin Ratio Rank: 85

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SUKC.L vs. GBP5.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg 0-5 Year Sterling Corporate Bond UCITS ETF (SUKC.L) and L&G ESG GBP Corporate Bond 0-5 Year UCITS ETF (GBP5.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.

	SUKC.L	GBP5.L	Difference
Sharpe ratio Return per unit of total volatility	-0.01	1.63	-1.64
Sortino ratio Return per unit of downside risk	0.04	2.37	-2.33
Omega ratio Gain probability vs. loss probability	1.01	1.33	-0.33
Calmar ratio Return relative to maximum drawdown	-0.07	2.56	-2.63
Martin ratio Return relative to average drawdown	-0.15	10.83	-10.98
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SUKC.L vs. GBP5.L - Sharpe Ratio Comparison

The current SUKC.L Sharpe Ratio is -0.01, which is lower than the GBP5.L Sharpe Ratio of 1.63. The chart below compares the historical Sharpe Ratios of SUKC.L and GBP5.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SUKC.L	GBP5.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.01	1.63	-1.64
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.29	0.62	-0.34
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.40	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	0.60	-0.13

Correlation

The correlation between SUKC.L and GBP5.L is 0.43, 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.

Dividends

SUKC.L vs. GBP5.L - Dividend Comparison

SUKC.L has not paid dividends to shareholders, while GBP5.L's dividend yield for the trailing twelve months is around 4.65%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SUKC.L SPDR Bloomberg 0-5 Year Sterling Corporate Bond UCITS ETF	0.00%	2.29%	4.41%	3.05%	1.76%	1.77%	1.97%	1.93%	1.88%	2.44%	2.40%	2.55%
GBP5.L L&G ESG GBP Corporate Bond 0-5 Year UCITS ETF	4.65%	4.40%	3.78%	2.56%	1.05%	0.32%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

SUKC.L vs. GBP5.L - Drawdown Comparison

The maximum SUKC.L drawdown since its inception was -11.63%, roughly equal to the maximum GBP5.L drawdown of -11.97%. Use the drawdown chart below to compare losses from any high point for SUKC.L and GBP5.L.

Drawdown Indicators

	SUKC.L	GBP5.L	Difference
Max Drawdown Largest peak-to-trough decline	-11.63%	-11.97%	+0.34%
Max Drawdown (1Y) Largest decline over 1 year	-3.75%	-1.82%	-1.93%
Max Drawdown (5Y) Largest decline over 5 years	-11.63%	-11.97%	+0.34%
Max Drawdown (10Y) Largest decline over 10 years	-11.63%	—	—
Current Drawdown Current decline from peak	-3.28%	-1.24%	-2.04%
Average Drawdown Average peak-to-trough decline	-1.39%	-2.27%	+0.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.71%	0.43%	+1.28%

Volatility

SUKC.L vs. GBP5.L - Volatility Comparison

SPDR Bloomberg 0-5 Year Sterling Corporate Bond UCITS ETF (SUKC.L) has a higher volatility of 2.15% compared to L&G ESG GBP Corporate Bond 0-5 Year UCITS ETF (GBP5.L) at 1.48%. This indicates that SUKC.L's price experiences larger fluctuations and is considered to be riskier than GBP5.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SUKC.L	GBP5.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.15%	1.48%	+0.67%
Volatility (6M) Calculated over the trailing 6-month period	5.45%	2.35%	+3.10%
Volatility (1Y) Calculated over the trailing 1-year period	7.44%	3.17%	+4.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.68%	3.42%	+1.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.61%	3.40%	+1.21%