VEMT.L vs. SGIL.L
VEMT.L (Vanguard USD Emerging Markets Government Bond UCITS ETF Distributing) and SGIL.L (iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc)) are both exchange-traded funds - VEMT.L is a Emerging Markets Bonds fund tracking the JPM EMBI Global Diversified TR USD, while SGIL.L is a Inflation-Protected Bonds fund tracking the Bloomberg Gbl Infl Linked TR USD. Both are passively managed. Over the past 5 years, VEMT.L returned 3.40%/yr vs -1.24%/yr for SGIL.L. A 0.66 correlation means they provide meaningful diversification when combined. VEMT.L charges 0.25%/yr vs 0.20%/yr for SGIL.L.
Performance
VEMT.L vs. SGIL.L - Performance Comparison
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Returns By Period
In the year-to-date period, VEMT.L achieves a 1.55% return, which is significantly higher than SGIL.L's 1.14% return.
VEMT.L
- 1D
- 0.03%
- 1M
- 1.60%
- YTD
- 1.55%
- 6M
- 1.13%
- 1Y
- 10.55%
- 3Y*
- 5.98%
- 5Y*
- 3.40%
- 10Y*
- —
SGIL.L
- 1D
- 0.01%
- 1M
- 0.35%
- YTD
- 1.14%
- 6M
- 0.44%
- 1Y
- 4.97%
- 3Y*
- 0.67%
- 5Y*
- -1.24%
- 10Y*
- 1.78%
VEMT.L vs. SGIL.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VEMT.L Vanguard USD Emerging Markets Government Bond UCITS ETF Distributing | 1.55% | 4.07% | 8.08% | 3.44% | -5.19% | -0.56% | 2.53% | 9.67% | 2.79% | -1.59% |
SGIL.L iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc) | 1.14% | 1.15% | -1.44% | -0.60% | -12.55% | 4.21% | 8.42% | 4.53% | 1.56% | -1.38% |
Correlation
The correlation between VEMT.L and SGIL.L is 0.54, 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 | 0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Dec 8, 2016 | 0.66 |
The correlation between VEMT.L and SGIL.L shifts across timeframes, from 0.54 (1 year) to 0.70 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
VEMT.L vs. SGIL.L — Risk / Return Rank
VEMT.L
SGIL.L
VEMT.L vs. SGIL.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard USD Emerging Markets Government Bond UCITS ETF Distributing (VEMT.L) and iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc) (SGIL.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.
| VEMT.L | SGIL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.74 | ||
| Sortino ratioReturn per unit of downside risk | +1.05 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.17 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.44 | 1.56 | +0.88 |
| Martin ratioReturn relative to average drawdown | 6.86 | 3.06 | +3.80 |
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
| VEMT.L | SGIL.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.72 | 0.98 | +0.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.42 | -0.15 | +0.57 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.20 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | 0.41 | -0.11 |
Drawdowns
VEMT.L vs. SGIL.L - Drawdown Comparison
The maximum VEMT.L drawdown since its inception was -14.64%, smaller than the maximum SGIL.L drawdown of -20.23%. Use the drawdown chart below to compare losses from any high point for VEMT.L and SGIL.L.
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Drawdown Indicators
| VEMT.L | SGIL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.64% | -20.23% | +5.59% |
Max Drawdown (1Y)Largest decline over 1 year | -4.31% | -3.17% | -1.14% |
Max Drawdown (3Y)Largest decline over 3 years | -8.59% | -5.63% | -2.96% |
Max Drawdown (5Y)Largest decline over 5 years | -11.41% | -20.23% | +8.82% |
Max Drawdown (10Y)Largest decline over 10 years | — | -20.23% | — |
Current DrawdownCurrent decline from peak | -0.50% | -15.00% | +14.50% |
Average DrawdownAverage peak-to-trough decline | -5.88% | -6.79% | +0.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.53% | 1.62% | -0.09% |
Volatility
VEMT.L vs. SGIL.L - Volatility Comparison
Vanguard USD Emerging Markets Government Bond UCITS ETF Distributing (VEMT.L) has a higher volatility of 1.33% compared to iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc) (SGIL.L) at 1.13%. This indicates that VEMT.L's price experiences larger fluctuations and is considered to be riskier than SGIL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VEMT.L | SGIL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.33% | 1.13% | +0.20% |
Volatility (6M)Calculated over the trailing 6-month period | 4.50% | 3.56% | +0.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.11% | 5.03% | +1.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.13% | 8.38% | -0.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.15% | 8.97% | +0.18% |
VEMT.L vs. SGIL.L - Expense Ratio Comparison
VEMT.L has a 0.25% expense ratio, which is higher than SGIL.L's 0.20% 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%.
Dividends
VEMT.L vs. SGIL.L - Dividend Comparison
VEMT.L's dividend yield for the trailing twelve months is around 5.92%, while SGIL.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
SGIL.L iShares Global Inflation Linked Government 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% |
VEMT.L Vanguard USD Emerging Markets Government Bond UCITS ETF Distributing | 5.92% | 6.17% | 5.74% | 5.56% | 4.88% | 3.81% | 4.47% | 4.46% | 4.44% | 4.81% |
Frequently Asked Questions
VEMT.L and SGIL.L have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SGIL.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SGIL.L is cheaper with a 0.20% expense ratio, compared with 0.25% for VEMT.L.
VEMT.L is categorized as Emerging Markets Bonds, while SGIL.L is Inflation-Protected Bonds. VEMT.L tracks JPM EMBI Global Diversified TR USD, while SGIL.L tracks Bloomberg Gbl Infl Linked TR USD. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.25% for VEMT.L and 0.20% for SGIL.L.
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