TIPA.L vs. XG7U.L

Last updated Jun 5, 2026

TIPA.L (Lyxor Core US TIPS (DR) UCITS ETF - Acc) and XG7U.L (Xtrackers Global Inflation-Linked Bond UCITS ETF 2C USD hedged) are both Inflation-Protected Bonds funds - TIPA.L tracks the Bloomberg Gbl Infl Linked US TIPS TR USD while XG7U.L tracks the Bloomberg Gbl Infl Linked TR Hdg USD. Both are passively managed. Over the past 5 years, TIPA.L returned 0.93%/yr vs -0.79%/yr for XG7U.L. A 0.74 correlation means they provide meaningful diversification when combined. TIPA.L charges 0.09%/yr vs 0.25%/yr for XG7U.L.

Performance

TIPA.L vs. XG7U.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lyxor Core US TIPS (DR) UCITS ETF - Acc (TIPA.L) and Xtrackers Global Inflation-Linked Bond UCITS ETF 2C USD hedged (XG7U.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TIPA.L achieves a 1.23% return, which is significantly lower than XG7U.L's 1.52% return.

TIPA.L

• 1D: 0.03%
• 1M: -0.01%
• YTD: 1.23%
• 6M: 1.30%
• 1Y: 4.75%
• 3Y*: 3.80%
• 5Y*: 0.93%
• 10Y*: —

XG7U.L

• 1D: -0.02%
• 1M: 0.18%
• YTD: 1.52%
• 6M: 1.45%
• 1Y: 4.30%
• 3Y*: 2.90%
• 5Y*: -0.79%
• 10Y*: 2.09%

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

TIPA.L vs. XG7U.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
TIPA.L Lyxor Core US TIPS (DR) UCITS ETF - Acc	1.23%	6.81%	2.09%	3.51%	-12.46%	5.91%	11.05%	0.73%
XG7U.L Xtrackers Global Inflation-Linked Bond UCITS ETF 2C USD hedged	1.52%	4.67%	-0.45%	4.13%	-17.08%	5.31%	9.30%	-0.11%

Correlation

The correlation between TIPA.L and XG7U.L is 0.71, 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	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.81
Correlation (5Y) Calculated over the trailing 5-year period	0.75
Correlation (All Time) Calculated using the full available price history since Nov 15, 2019	0.74

The correlation between TIPA.L and XG7U.L has been stable across timeframes, ranging from 0.71 to 0.81 - a consistent structural relationship.

Return for Risk

TIPA.L vs. XG7U.L — Risk / Return Rank

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

TIPA.L

TIPA.L Risk / Return Rank: 42
TIPA.L Sharpe Ratio Rank: 38
TIPA.L Sortino Ratio Rank: 39
TIPA.L Omega Ratio Rank: 38
TIPA.L Calmar Ratio Rank: 53
TIPA.L Martin Ratio Rank: 45

XG7U.L

XG7U.L Risk / Return Rank: 28
XG7U.L Sharpe Ratio Rank: 25
XG7U.L Sortino Ratio Rank: 23
XG7U.L Omega Ratio Rank: 24
XG7U.L Calmar Ratio Rank: 35
XG7U.L Martin Ratio Rank: 33

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.

TIPA.L vs. XG7U.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lyxor Core US TIPS (DR) UCITS ETF - Acc (TIPA.L) and Xtrackers Global Inflation-Linked Bond UCITS ETF 2C USD hedged (XG7U.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.

	TIPA.L	XG7U.L	Difference
Sharpe ratio: Return per unit of total volatility	1.33	0.87	+0.46
Sortino ratio: Return per unit of downside risk	1.99	1.23	+0.76
Omega ratio: Gain probability vs. loss probability	1.24	1.16	+0.08
Calmar ratio: Return relative to maximum drawdown	2.57	1.71	+0.87
Martin ratio: Return relative to average drawdown	7.17	4.86	+2.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TIPA.L vs. XG7U.L - Sharpe Ratio Comparison

The current TIPA.L Sharpe Ratio is 1.33, which is higher than the XG7U.L Sharpe Ratio of 0.87. The chart below compares the historical Sharpe Ratios of TIPA.L and XG7U.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TIPA.L	XG7U.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.33	0.87	+0.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.16	-0.10	+0.26
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.30	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	0.33	+0.09

Drawdowns

TIPA.L vs. XG7U.L - Drawdown Comparison

The maximum TIPA.L drawdown since its inception was -15.11%, smaller than the maximum XG7U.L drawdown of -23.33%. Use the drawdown chart below to compare losses from any high point for TIPA.L and XG7U.L.

Drawdown Indicators

	TIPA.L	XG7U.L	Difference
Max Drawdown Largest peak-to-trough decline	-15.11%	-23.33%	+8.22%
Max Drawdown (1Y) Largest decline over 1 year	-1.84%	-2.51%	+0.67%
Max Drawdown (3Y) Largest decline over 3 years	-4.61%	-5.34%	+0.73%
Max Drawdown (5Y) Largest decline over 5 years	-15.11%	-23.33%	+8.22%
Max Drawdown (10Y) Largest decline over 10 years	—	-23.33%	—
Current Drawdown Current decline from peak	-0.79%	-10.40%	+9.61%
Average Drawdown Average peak-to-trough decline	-5.44%	-6.17%	+0.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.66%	0.88%	-0.22%

Volatility

TIPA.L vs. XG7U.L - Volatility Comparison

The current volatility for Lyxor Core US TIPS (DR) UCITS ETF - Acc (TIPA.L) is 1.28%, while Xtrackers Global Inflation-Linked Bond UCITS ETF 2C USD hedged (XG7U.L) has a volatility of 1.51%. This indicates that TIPA.L experiences smaller price fluctuations and is considered to be less risky than XG7U.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TIPA.L	XG7U.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.28%	1.51%	-0.23%
Volatility (6M) Calculated over the trailing 6-month period	2.40%	3.17%	-0.77%
Volatility (1Y) Calculated over the trailing 1-year period	3.57%	4.93%	-1.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.95%	7.77%	-1.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.30%	7.00%	-0.70%

TIPA.L vs. XG7U.L - Expense Ratio Comparison

TIPA.L has a 0.09% expense ratio, which is lower than XG7U.L's 0.25% 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

TIPA.L vs. XG7U.L - Dividend Comparison

Neither TIPA.L nor XG7U.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both TIPA.L and XG7U.L in my portfolio?

TIPA.L and XG7U.L have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TIPA.L or XG7U.L?

On fees, TIPA.L is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TIPA.L or XG7U.L?

TIPA.L is cheaper with a 0.09% expense ratio, compared with 0.25% for XG7U.L.

What is the main difference between TIPA.L and XG7U.L?

TIPA.L tracks Bloomberg Gbl Infl Linked US TIPS TR USD, while XG7U.L tracks Bloomberg Gbl Infl Linked TR Hdg USD. They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.09% for TIPA.L and 0.25% for XG7U.L.