XBGG.L vs. SAGG.L
XBGG.L (Xtrackers II ESG Global Aggregate Bond UCITS ETF 3D GBP hedged) and SAGG.L (iShares Core Global Aggregate Bond UCITS ETF USD (Dist)) are both Global Bonds funds - XBGG.L tracks the Bloomberg Global Aggregate TR Hdg GBP while SAGG.L tracks the Bloomberg Global Aggregate TR USD. Both are passively managed. Over the past 5 years, XBGG.L returned -0.30%/yr vs 215.72%/yr for SAGG.L. At a 0.42 correlation, their price movements are largely independent. XBGG.L charges 0.15%/yr vs 0.10%/yr for SAGG.L.
Performance
XBGG.L vs. SAGG.L - Performance Comparison
Loading charts...
Different Trading Currencies
XBGG.L is traded in GBp, while SAGG.L is traded in GBP. To make them comparable, the SAGG.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, XBGG.L achieves a 0.16% return, which is significantly higher than SAGG.L's -1.45% return.
XBGG.L
- 1D
- 0.17%
- 1M
- 0.43%
- YTD
- 0.16%
- 6M
- 0.38%
- 1Y
- 3.11%
- 3Y*
- 3.48%
- 5Y*
- -0.30%
- 10Y*
- 0.78%
SAGG.L
- 1D
- 0.26%
- 1M
- 1.02%
- YTD
- -1.45%
- 6M
- -1.68%
- 1Y
- 1.64%
- 3Y*
- 0.18%
- 5Y*
- 215.72%
- 10Y*
- —
XBGG.L vs. SAGG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XBGG.L Xtrackers II ESG Global Aggregate Bond UCITS ETF 3D GBP hedged | 0.16% | 4.60% | 2.19% | 5.74% | -13.34% | -1.53% | 4.26% | 6.68% | -0.30% | -0.23% |
SAGG.L iShares Core Global Aggregate Bond UCITS ETF USD (Dist) | -1.45% | 0.53% | 0.03% | 975.51% | 1,013.35% | 616.49% | 2,058.65% | 3,293.93% | 383.58% | -1.30% |
Correlation
The correlation between XBGG.L and SAGG.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 | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Nov 24, 2017 | 0.42 |
The correlation between XBGG.L and SAGG.L shifts across timeframes, from 0.35 (1 year) to 0.49 (3 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XBGG.L vs. SAGG.L — Risk / Return Rank
XBGG.L
SAGG.L
XBGG.L vs. SAGG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II ESG Global Aggregate Bond UCITS ETF 3D GBP hedged (XBGG.L) and iShares Core Global Aggregate Bond UCITS ETF USD (Dist) (SAGG.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.
| XBGG.L | SAGG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.60 | ||
| Sortino ratioReturn per unit of downside risk | +0.88 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.06 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.15 | 0.32 | +0.83 |
| Martin ratioReturn relative to average drawdown | 3.33 | 0.63 | +2.70 |
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 charts...
Sharpe Ratios by Period
| XBGG.L | SAGG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.94 | 0.34 | +0.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.07 | 0.45 | -0.52 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.19 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.98 | -0.76 |
Drawdowns
XBGG.L vs. SAGG.L - Drawdown Comparison
The maximum XBGG.L drawdown since its inception was -17.06%, which is greater than SAGG.L's maximum drawdown of -10.22%. Use the drawdown chart below to compare losses from any high point for XBGG.L and SAGG.L.
Loading charts...
Drawdown Indicators
| XBGG.L | SAGG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.06% | -10.22% | -6.84% |
Max Drawdown (1Y)Largest decline over 1 year | -2.70% | -5.18% | +2.48% |
Max Drawdown (3Y)Largest decline over 3 years | -3.91% | -5.18% | +1.27% |
Max Drawdown (5Y)Largest decline over 5 years | -16.89% | -8.71% | -8.18% |
Max Drawdown (10Y)Largest decline over 10 years | -17.06% | — | — |
Current DrawdownCurrent decline from peak | -3.55% | -3.93% | +0.38% |
Average DrawdownAverage peak-to-trough decline | -4.80% | -3.27% | -1.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.93% | 2.61% | -1.68% |
Volatility
XBGG.L vs. SAGG.L - Volatility Comparison
Xtrackers II ESG Global Aggregate Bond UCITS ETF 3D GBP hedged (XBGG.L) has a higher volatility of 1.46% compared to iShares Core Global Aggregate Bond UCITS ETF USD (Dist) (SAGG.L) at 1.17%. This indicates that XBGG.L's price experiences larger fluctuations and is considered to be riskier than SAGG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XBGG.L | SAGG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.46% | 1.17% | +0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 2.64% | 3.64% | -1.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.29% | 4.81% | -1.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.52% | 475.05% | -470.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.05% | 485.36% | -481.31% |
XBGG.L vs. SAGG.L - Expense Ratio Comparison
XBGG.L has a 0.15% expense ratio, which is higher than SAGG.L's 0.10% 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
XBGG.L vs. SAGG.L - Dividend Comparison
XBGG.L's dividend yield for the trailing twelve months is around 2.96%, more than SAGG.L's 1.52% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
SAGG.L iShares Core Global Aggregate Bond UCITS ETF USD (Dist) | 1.52% | 3.13% | 2.68% | 95.35% | 147.52% | 130.26% | 156.35% | 167.63% | 76.39% |
XBGG.L Xtrackers II ESG Global Aggregate Bond UCITS ETF 3D GBP hedged | 2.96% | 2.93% | 3.04% | 2.00% | 2.76% | 0.79% | 1.35% | 1.72% | 1.42% |
Frequently Asked Questions
XBGG.L and SAGG.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, SAGG.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SAGG.L is cheaper with a 0.10% expense ratio, compared with 0.15% for XBGG.L.
XBGG.L tracks Bloomberg Global Aggregate TR Hdg GBP, while SAGG.L tracks Bloomberg Global Aggregate TR USD. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.15% for XBGG.L and 0.10% for SAGG.L.
Find the right allocation for XBGG.L and SAGG.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer