UKG5.L vs. GLT5.L
Compare and contrast key facts about L&G UK Gilt 0-5 Year UCITS ETF (UKG5.L) and Invesco UK Gilt 1-5 Year UCITS ETF Dist (GLT5.L).
UKG5.L and GLT5.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UKG5.L is a passively managed fund by Legal & General that tracks the performance of the FTSE Act UK Cnvt Gilts All Stocks TR GBP. It was launched on Dec 3, 2020. GLT5.L is a passively managed fund by Invesco that tracks the performance of the FTSE Act UK Cnvt Gilts All Stocks TR GBP. It was launched on Mar 18, 2019. Both UKG5.L and GLT5.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
UKG5.L vs. GLT5.L - Performance Comparison
Loading graphics...
UKG5.L vs. GLT5.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
UKG5.L L&G UK Gilt 0-5 Year UCITS ETF | 0.00% | 5.06% | 2.37% | 3.91% | -5.07% | -0.54% |
GLT5.L Invesco UK Gilt 1-5 Year UCITS ETF Dist | -0.37% | 5.31% | 2.14% | 3.86% | -5.44% | -1.07% |
Returns By Period
UKG5.L
- 1D
- 0.27%
- 1M
- -0.96%
- YTD
- 0.00%
- 6M
- 1.29%
- 1Y
- 3.60%
- 3Y*
- 3.48%
- 5Y*
- —
- 10Y*
- —
GLT5.L
- 1D
- 0.29%
- 1M
- -1.25%
- YTD
- -0.37%
- 6M
- 1.26%
- 1Y
- 3.45%
- 3Y*
- 3.34%
- 5Y*
- 0.81%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
UKG5.L vs. GLT5.L - Expense Ratio Comparison
Both UKG5.L and GLT5.L have an expense ratio of 0.06%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Return for Risk
UKG5.L vs. GLT5.L — Risk / Return Rank
UKG5.L
GLT5.L
UKG5.L vs. GLT5.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G UK Gilt 0-5 Year UCITS ETF (UKG5.L) and Invesco UK Gilt 1-5 Year UCITS ETF Dist (GLT5.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.
| UKG5.L | GLT5.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.14 | 1.31 | +0.83 |
Sortino ratioReturn per unit of downside risk | 3.05 | 1.89 | +1.16 |
Omega ratioGain probability vs. loss probability | 1.44 | 1.26 | +0.18 |
Calmar ratioReturn relative to maximum drawdown | 1.90 | 1.58 | +0.31 |
Martin ratioReturn relative to average drawdown | 9.27 | 7.39 | +1.88 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| UKG5.L | GLT5.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.14 | 1.31 | +0.83 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.26 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.31 | +0.19 |
Correlation
The correlation between UKG5.L and GLT5.L is 0.67, 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
UKG5.L vs. GLT5.L - Dividend Comparison
UKG5.L's dividend yield for the trailing twelve months is around 3.96%, less than GLT5.L's 4.15% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
UKG5.L L&G UK Gilt 0-5 Year UCITS ETF | 3.96% | 3.94% | 3.66% | 2.02% | 0.04% | 0.00% | 0.00% | 0.00% |
GLT5.L Invesco UK Gilt 1-5 Year UCITS ETF Dist | 4.15% | 4.12% | 4.43% | 3.76% | 1.01% | 0.19% | 0.33% | 0.44% |
Drawdowns
UKG5.L vs. GLT5.L - Drawdown Comparison
The maximum UKG5.L drawdown since its inception was -8.78%, smaller than the maximum GLT5.L drawdown of -10.98%. Use the drawdown chart below to compare losses from any high point for UKG5.L and GLT5.L.
Loading graphics...
Drawdown Indicators
| UKG5.L | GLT5.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.78% | -10.98% | +2.20% |
Max Drawdown (1Y)Largest decline over 1 year | -1.87% | -2.20% | +0.33% |
Max Drawdown (5Y)Largest decline over 5 years | — | -10.32% | — |
Current DrawdownCurrent decline from peak | -1.17% | -1.48% | +0.31% |
Average DrawdownAverage peak-to-trough decline | -2.46% | -2.67% | +0.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.38% | 0.47% | -0.09% |
Volatility
UKG5.L vs. GLT5.L - Volatility Comparison
The current volatility for L&G UK Gilt 0-5 Year UCITS ETF (UKG5.L) is 1.03%, while Invesco UK Gilt 1-5 Year UCITS ETF Dist (GLT5.L) has a volatility of 1.40%. This indicates that UKG5.L experiences smaller price fluctuations and is considered to be less risky than GLT5.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| UKG5.L | GLT5.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.03% | 1.40% | -0.37% |
Volatility (6M)Calculated over the trailing 6-month period | 1.31% | 1.85% | -0.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.68% | 2.63% | -0.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.80% | 3.12% | -0.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.80% | 2.84% | -0.04% |