XBGG.L vs. XG7S.L

Last updated Apr 2, 2026

Compare and contrast key facts about Xtrackers II ESG Global Aggregate Bond UCITS ETF 3D GBP hedged (XBGG.L) and Xtrackers Global Government Bond UCITS ETF 5C (XG7S.L).

XBGG.L and XG7S.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XBGG.L is a passively managed fund by Xtrackers that tracks the performance of the Bloomberg Global Aggregate TR Hdg GBP. It was launched on Apr 19, 2016. XG7S.L is a passively managed fund by Xtrackers that tracks the performance of the Bloomberg Global Aggregate TR USD. It was launched on Aug 14, 2013. Both XBGG.L and XG7S.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

XBGG.L vs. XG7S.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Xtrackers II ESG Global Aggregate Bond UCITS ETF 3D GBP hedged (XBGG.L) and Xtrackers Global Government Bond UCITS ETF 5C (XG7S.L). The values are adjusted to include any dividend payments, if applicable.

XBGG.L vs. XG7S.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	-0.19%	4.60%	2.19%	5.74%	-13.34%	-1.53%	4.26%	6.68%	-0.30%	1.59%
XG7S.L Xtrackers Global Government Bond UCITS ETF 5C	-0.06%	-0.22%	-1.85%	-0.74%	-8.86%	-6.63%	6.73%	1.94%	4.76%	-1.81%

Returns By Period

In the year-to-date period, XBGG.L achieves a -0.19% return, which is significantly lower than XG7S.L's -0.06% return.

XBGG.L

• 1D: 0.37%
• 1M: -1.43%
• YTD: -0.19%
• 6M: 0.63%
• 1Y: 3.16%
• 3Y*: 3.21%
• 5Y*: -0.33%
• 10Y*: —

XG7S.L

• 1D: -0.30%
• 1M: -1.62%
• YTD: -0.06%
• 6M: -0.05%
• 1Y: 0.11%
• 3Y*: -1.44%
• 5Y*: -2.29%
• 10Y*: 0.29%

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

XBGG.L vs. XG7S.L - Expense Ratio Comparison

XBGG.L has a 0.15% expense ratio, which is lower than XG7S.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%.

XG7S.L

Xtrackers Global Government Bond UCITS ETF 5C

XBGG.L

Xtrackers II ESG Global Aggregate Bond UCITS ETF 3D GBP hedged

Return for Risk

XBGG.L vs. XG7S.L — Risk / Return Rank

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

XBGG.L

XBGG.L Risk / Return Rank: 43
XBGG.L Sharpe Ratio Rank: 49
XBGG.L Sortino Ratio Rank: 47
XBGG.L Omega Ratio Rank: 40
XBGG.L Calmar Ratio Rank: 41
XBGG.L Martin Ratio Rank: 40

XG7S.L

XG7S.L Risk / Return Rank: 12
XG7S.L Sharpe Ratio Rank: 12
XG7S.L Sortino Ratio Rank: 12
XG7S.L Omega Ratio Rank: 15
XG7S.L Calmar Ratio Rank: 10
XG7S.L Martin Ratio Rank: 11

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.

XBGG.L vs. XG7S.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 Xtrackers Global Government Bond UCITS ETF 5C (XG7S.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	XG7S.L	Difference
Sharpe ratio Return per unit of total volatility	0.96	0.01	+0.95
Sortino ratio Return per unit of downside risk	1.37	0.17	+1.21
Omega ratio Gain probability vs. loss probability	1.17	1.05	+0.12
Calmar ratio Return relative to maximum drawdown	1.24	-0.08	+1.32
Martin ratio Return relative to average drawdown	4.34	-0.13	+4.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XBGG.L vs. XG7S.L - Sharpe Ratio Comparison

The current XBGG.L Sharpe Ratio is 0.96, which is higher than the XG7S.L Sharpe Ratio of 0.01. The chart below compares the historical Sharpe Ratios of XBGG.L and XG7S.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

	XBGG.L	XG7S.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.96	0.01	+0.95
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.07	-0.26	+0.19
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.04	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	0.17	+0.04

Correlation

The correlation between XBGG.L and XG7S.L is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

XBGG.L vs. XG7S.L - Dividend Comparison

XBGG.L's dividend yield for the trailing twelve months is around 2.86%, while XG7S.L has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
XBGG.L Xtrackers II ESG Global Aggregate Bond UCITS ETF 3D GBP hedged	2.86%	2.93%	3.04%	2.00%	2.76%	0.79%	1.35%	1.72%	1.42%
XG7S.L Xtrackers Global Government Bond UCITS ETF 5C	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

XBGG.L vs. XG7S.L - Drawdown Comparison

The maximum XBGG.L drawdown since its inception was -17.06%, smaller than the maximum XG7S.L drawdown of -25.59%. Use the drawdown chart below to compare losses from any high point for XBGG.L and XG7S.L.

Drawdown Indicators

	XBGG.L	XG7S.L	Difference
Max Drawdown Largest peak-to-trough decline	-17.06%	-25.59%	+8.53%
Max Drawdown (1Y) Largest decline over 1 year	-2.60%	-15.16%	+12.56%
Max Drawdown (5Y) Largest decline over 5 years	-16.89%	-16.70%	-0.19%
Max Drawdown (10Y) Largest decline over 10 years	—	-25.59%	—
Current Drawdown Current decline from peak	-3.89%	-23.12%	+19.23%
Average Drawdown Average peak-to-trough decline	-4.82%	-15.25%	+10.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.74%	9.15%	-8.41%

Volatility

XBGG.L vs. XG7S.L - Volatility Comparison

The current volatility for Xtrackers II ESG Global Aggregate Bond UCITS ETF 3D GBP hedged (XBGG.L) is 1.34%, while Xtrackers Global Government Bond UCITS ETF 5C (XG7S.L) has a volatility of 1.64%. This indicates that XBGG.L experiences smaller price fluctuations and is considered to be less risky than XG7S.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XBGG.L	XG7S.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.34%	1.64%	-0.30%
Volatility (6M) Calculated over the trailing 6-month period	2.07%	19.53%	-17.46%
Volatility (1Y) Calculated over the trailing 1-year period	3.29%	21.27%	-17.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.45%	14.47%	-10.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.02%	14.83%	-10.81%