UBTS.L vs. IGIL.L

Last updated Apr 1, 2026

Compare and contrast key facts about UBS ETF (LU) Bloomberg TIPS 1-10 UCITS ETF (USD) A-dis (UBTS.L) and iShares Global Inflation Linked Govt Bond UCITS ETF USD Acc (IGIL.L).

UBTS.L and IGIL.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UBTS.L is a passively managed fund by UBS that tracks the performance of the Bloomberg Gbl Infl Linked US TIPS TR USD. It was launched on Sep 30, 2016. IGIL.L is a passively managed fund by iShares that tracks the performance of the Bloomberg World Government Inflation-Linked Bond Index. It was launched on Aug 1, 2008. Both UBTS.L and IGIL.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

UBTS.L vs. IGIL.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in UBS ETF (LU) Bloomberg TIPS 1-10 UCITS ETF (USD) A-dis (UBTS.L) and iShares Global Inflation Linked Govt Bond UCITS ETF USD Acc (IGIL.L). The values are adjusted to include any dividend payments, if applicable.

UBTS.L vs. IGIL.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
UBTS.L UBS ETF (LU) Bloomberg TIPS 1-10 UCITS ETF (USD) A-dis	2.65%	-0.11%	4.95%	-1.59%	3.39%	6.97%	4.62%	3.52%	5.25%	-7.29%
IGIL.L iShares Global Inflation Linked Govt Bond UCITS ETF USD Acc	1.43%	0.72%	-1.23%	-0.17%	-12.55%	3.91%	8.92%	3.71%	1.68%	-0.94%

Different Trading Currencies

UBTS.L is traded in GBp, while IGIL.L is traded in USD. To make them comparable, the IGIL.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, UBTS.L achieves a 2.65% return, which is significantly higher than IGIL.L's 1.44% return.

UBTS.L

• 1D: 0.00%
• 1M: 1.23%
• YTD: 2.65%
• 6M: 2.70%
• 1Y: 1.62%
• 3Y*: 1.91%
• 5Y*: 3.47%
• 10Y*: —

IGIL.L

• 1D: 0.10%
• 1M: -1.16%
• YTD: 1.44%
• 6M: 1.87%
• 1Y: 2.37%
• 3Y*: -0.45%
• 5Y*: -0.96%
• 10Y*: 1.78%

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

UBTS.L vs. IGIL.L - Expense Ratio Comparison

UBTS.L has a 0.15% expense ratio, which is lower than IGIL.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%.

IGIL.L

iShares Global Inflation Linked Govt Bond UCITS ETF USD Acc

UBTS.L

UBS ETF (LU) Bloomberg TIPS 1-10 UCITS ETF (USD) A-dis

Return for Risk

UBTS.L vs. IGIL.L — Risk / Return Rank

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

UBTS.L

UBTS.L Risk / Return Rank: 16
UBTS.L Sharpe Ratio Rank: 18
UBTS.L Sortino Ratio Rank: 16
UBTS.L Omega Ratio Rank: 15
UBTS.L Calmar Ratio Rank: 17
UBTS.L Martin Ratio Rank: 15

IGIL.L

IGIL.L Risk / Return Rank: 38
IGIL.L Sharpe Ratio Rank: 36
IGIL.L Sortino Ratio Rank: 35
IGIL.L Omega Ratio Rank: 30
IGIL.L Calmar Ratio Rank: 49
IGIL.L Martin Ratio Rank: 41

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.

UBTS.L vs. IGIL.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) Bloomberg TIPS 1-10 UCITS ETF (USD) A-dis (UBTS.L) and iShares Global Inflation Linked Govt Bond UCITS ETF USD Acc (IGIL.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.

	UBTS.L	IGIL.L	Difference
Sharpe ratio Return per unit of total volatility	0.24	0.35	-0.11
Sortino ratio Return per unit of downside risk	0.37	0.51	-0.14
Omega ratio Gain probability vs. loss probability	1.05	1.06	-0.02
Calmar ratio Return relative to maximum drawdown	0.25	0.43	-0.18
Martin ratio Return relative to average drawdown	0.47	0.90	-0.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UBTS.L vs. IGIL.L - Sharpe Ratio Comparison

The current UBTS.L Sharpe Ratio is 0.24, which is lower than the IGIL.L Sharpe Ratio of 0.35. The chart below compares the historical Sharpe Ratios of UBTS.L and IGIL.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

	UBTS.L	IGIL.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.24	0.35	-0.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.43	-0.10	+0.53
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.18	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	0.40	-0.12

Correlation

The correlation between UBTS.L and IGIL.L is 0.52, 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

UBTS.L vs. IGIL.L - Dividend Comparison

UBTS.L's dividend yield for the trailing twelve months is around 3.98%, while IGIL.L has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
UBTS.L UBS ETF (LU) Bloomberg TIPS 1-10 UCITS ETF (USD) A-dis	3.98%	3.26%	4.42%	4.57%	6.66%	2.83%	0.84%	2.30%	2.38%	1.27%
IGIL.L iShares Global Inflation Linked Govt Bond UCITS ETF USD Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

UBTS.L vs. IGIL.L - Drawdown Comparison

The maximum UBTS.L drawdown since its inception was -15.99%, smaller than the maximum IGIL.L drawdown of -20.30%. Use the drawdown chart below to compare losses from any high point for UBTS.L and IGIL.L.

Drawdown Indicators

	UBTS.L	IGIL.L	Difference
Max Drawdown Largest peak-to-trough decline	-15.99%	-31.32%	+15.33%
Max Drawdown (1Y) Largest decline over 1 year	-6.32%	-3.47%	-2.85%
Max Drawdown (5Y) Largest decline over 5 years	-15.99%	-31.32%	+15.33%
Max Drawdown (10Y) Largest decline over 10 years	—	-31.32%	—
Current Drawdown Current decline from peak	-4.95%	-16.00%	+11.05%
Average Drawdown Average peak-to-trough decline	-6.90%	-7.39%	+0.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.38%	1.16%	+2.22%

Volatility

UBTS.L vs. IGIL.L - Volatility Comparison

The current volatility for UBS ETF (LU) Bloomberg TIPS 1-10 UCITS ETF (USD) A-dis (UBTS.L) is 2.28%, while iShares Global Inflation Linked Govt Bond UCITS ETF USD Acc (IGIL.L) has a volatility of 2.75%. This indicates that UBTS.L experiences smaller price fluctuations and is considered to be less risky than IGIL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UBTS.L	IGIL.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.28%	2.75%	-0.47%
Volatility (6M) Calculated over the trailing 6-month period	4.38%	4.70%	-0.32%
Volatility (1Y) Calculated over the trailing 1-year period	6.89%	6.78%	+0.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.15%	9.31%	-1.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.71%	10.01%	-1.30%