TI5G.L vs. GILG.L
TI5G.L (iShares $ TIPS 0-5 UCITS ETF GBP Hedged (Dist)) and GILG.L (iShares Global Inflation Linked Government Bond UCITS ETF GBP Hedged (Dist)) are both Inflation-Protected Bonds funds from iShares - TI5G.L tracks the ICE U.S. Treasury Inflation Linked Bond Index 0-5 while GILG.L tracks the Bloomberg Gbl Infl Linked TR Hdg GBP. Both are passively managed. Over the past 5 years, TI5G.L returned 2.89%/yr vs -1.48%/yr for GILG.L. A 0.52 correlation means they provide meaningful diversification when combined. TI5G.L charges 0.12%/yr vs 0.20%/yr for GILG.L.
Performance
TI5G.L vs. GILG.L - Performance Comparison
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Returns By Period
In the year-to-date period, TI5G.L achieves a 2.07% return, which is significantly higher than GILG.L's 1.51% return.
TI5G.L
- 1D
- 0.04%
- 1M
- 0.09%
- YTD
- 2.07%
- 6M
- 1.98%
- 1Y
- 4.39%
- 3Y*
- 4.91%
- 5Y*
- 2.89%
- 10Y*
- —
GILG.L
- 1D
- 0.09%
- 1M
- 0.46%
- YTD
- 1.51%
- 6M
- 1.28%
- 1Y
- 4.17%
- 3Y*
- 2.43%
- 5Y*
- -1.48%
- 10Y*
- —
TI5G.L vs. GILG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
TI5G.L iShares $ TIPS 0-5 UCITS ETF GBP Hedged (Dist) | 2.07% | 5.70% | 4.60% | 3.62% | -3.69% | 5.28% | 1.03% |
GILG.L iShares Global Inflation Linked Government Bond UCITS ETF GBP Hedged (Dist) | 1.51% | 4.23% | -0.86% | 3.12% | -18.45% | 5.19% | 2.37% |
Correlation
The correlation between TI5G.L and GILG.L is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Nov 13, 2020 | 0.52 |
The correlation between TI5G.L and GILG.L shifts across timeframes, from 0.35 (1 year) to 0.53 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
TI5G.L vs. GILG.L — Risk / Return Rank
TI5G.L
GILG.L
TI5G.L vs. GILG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares $ TIPS 0-5 UCITS ETF GBP Hedged (Dist) (TI5G.L) and iShares Global Inflation Linked Government Bond UCITS ETF GBP Hedged (Dist) (GILG.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.
| TI5G.L | GILG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.82 | ||
| Sortino ratioReturn per unit of downside risk | +1.26 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.15 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 5.26 | 1.71 | +3.55 |
| Martin ratioReturn relative to average drawdown | 17.49 | 4.72 | +12.77 |
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
| TI5G.L | GILG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.68 | 0.86 | +0.82 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.94 | -0.19 | +1.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.89 | -0.12 | +1.01 |
Drawdowns
TI5G.L vs. GILG.L - Drawdown Comparison
The maximum TI5G.L drawdown since its inception was -5.63%, smaller than the maximum GILG.L drawdown of -24.23%. Use the drawdown chart below to compare losses from any high point for TI5G.L and GILG.L.
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Drawdown Indicators
| TI5G.L | GILG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.63% | -24.23% | +18.60% |
Max Drawdown (1Y)Largest decline over 1 year | -0.83% | -2.43% | +1.60% |
Max Drawdown (3Y)Largest decline over 3 years | -1.55% | -5.52% | +3.97% |
Max Drawdown (5Y)Largest decline over 5 years | -5.63% | -24.23% | +18.60% |
Current DrawdownCurrent decline from peak | -0.08% | -13.44% | +13.36% |
Average DrawdownAverage peak-to-trough decline | -1.02% | -13.12% | +12.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.25% | 0.88% | -0.63% |
Volatility
TI5G.L vs. GILG.L - Volatility Comparison
The current volatility for iShares $ TIPS 0-5 UCITS ETF GBP Hedged (Dist) (TI5G.L) is 0.58%, while iShares Global Inflation Linked Government Bond UCITS ETF GBP Hedged (Dist) (GILG.L) has a volatility of 1.48%. This indicates that TI5G.L experiences smaller price fluctuations and is considered to be less risky than GILG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TI5G.L | GILG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.58% | 1.48% | -0.90% |
Volatility (6M)Calculated over the trailing 6-month period | 1.69% | 3.40% | -1.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.60% | 4.84% | -2.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.08% | 7.79% | -4.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.23% | 7.54% | -4.31% |
TI5G.L vs. GILG.L - Expense Ratio Comparison
TI5G.L has a 0.12% expense ratio, which is lower than GILG.L's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
TI5G.L vs. GILG.L - Dividend Comparison
TI5G.L's dividend yield for the trailing twelve months is around 5.85%, more than GILG.L's 0.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
GILG.L iShares Global Inflation Linked Government Bond UCITS ETF GBP Hedged (Dist) | 0.98% | 0.96% | 0.87% | 0.79% | 0.72% | 0.50% | 0.00% | 0.00% | 0.00% |
TI5G.L iShares $ TIPS 0-5 UCITS ETF GBP Hedged (Dist) | 5.85% | 5.98% | 6.83% | 5.19% | 0.32% | 0.34% | 3.06% | 3.28% | 2.36% |
Frequently Asked Questions
TI5G.L and GILG.L have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TI5G.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TI5G.L is cheaper with a 0.12% expense ratio, compared with 0.20% for GILG.L.
TI5G.L tracks ICE U.S. Treasury Inflation Linked Bond Index 0-5, while GILG.L tracks Bloomberg Gbl Infl Linked TR Hdg GBP. Their fees differ too: 0.12% for TI5G.L and 0.20% for GILG.L.
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