XG7S.L vs. SGLO.L
XG7S.L (Xtrackers Global Government Bond UCITS ETF 5C) and SGLO.L (iShares Global Government Bond UCITS ETF USD (Dist)) are both Global Bonds funds tracking the Bloomberg Global Aggregate TR USD, from Xtrackers and iShares respectively. Both are passively managed. Over the past 10 years, XG7S.L returned 0.03%/yr vs 0.35%/yr for SGLO.L. A 0.53 correlation means they provide meaningful diversification when combined. Both charge a 0.20% expense ratio.
Performance
XG7S.L vs. SGLO.L - Performance Comparison
Loading charts...
Different Trading Currencies
XG7S.L is traded in GBp, while SGLO.L is traded in GBP. To make them comparable, the SGLO.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, XG7S.L achieves a -0.90% return, which is significantly lower than SGLO.L's -0.79% return. Over the past 10 years, XG7S.L has underperformed SGLO.L with an annualized return of 0.03%, while SGLO.L has yielded a comparatively higher 0.35% annualized return.
XG7S.L
- 1D
- 0.15%
- 1M
- 0.81%
- YTD
- -0.90%
- 6M
- -1.39%
- 1Y
- 1.33%
- 3Y*
- -0.62%
- 5Y*
- -2.31%
- 10Y*
- 0.03%
SGLO.L
- 1D
- -0.11%
- 1M
- 0.41%
- YTD
- -0.79%
- 6M
- -1.34%
- 1Y
- 1.82%
- 3Y*
- -0.41%
- 5Y*
- -1.81%
- 10Y*
- 0.35%
XG7S.L vs. SGLO.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XG7S.L Xtrackers Global Government Bond UCITS ETF 5C | -0.90% | -0.22% | -1.85% | -0.74% | -8.86% | -6.63% | 6.73% | 1.94% | 4.76% | -1.81% |
SGLO.L iShares Global Government Bond UCITS ETF USD (Dist) | -0.79% | 0.31% | -1.33% | -1.35% | -7.72% | -5.44% | 5.97% | 2.82% | 5.56% | -3.12% |
Correlation
The correlation between XG7S.L and SGLO.L is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.65 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Dec 31, 2015 | 0.53 |
Over the past year, XG7S.L and SGLO.L have become more correlated (0.80) than their long-term average of 0.53, meaning their price movements have been converging.
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
XG7S.L vs. SGLO.L — Risk / Return Rank
XG7S.L
SGLO.L
XG7S.L vs. SGLO.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Global Government Bond UCITS ETF 5C (XG7S.L) and iShares Global Government Bond UCITS ETF USD (Dist) (SGLO.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.
| XG7S.L | SGLO.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.30 | ||
| Sortino ratioReturn per unit of downside risk | -0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.07 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.10 | 0.45 | -0.36 |
| Martin ratioReturn relative to average drawdown | 0.13 | 0.90 | -0.77 |
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
| XG7S.L | SGLO.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.07 | 0.37 | -0.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.26 | -0.24 | -0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.00 | 0.04 | -0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | 0.19 | -0.03 |
Drawdowns
XG7S.L vs. SGLO.L - Drawdown Comparison
The maximum XG7S.L drawdown since its inception was -25.59%, roughly equal to the maximum SGLO.L drawdown of -25.55%. Use the drawdown chart below to compare losses from any high point for XG7S.L and SGLO.L.
Loading charts...
Drawdown Indicators
| XG7S.L | SGLO.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.59% | -25.55% | -0.04% |
Max Drawdown (1Y)Largest decline over 1 year | -15.40% | -4.26% | -11.14% |
Max Drawdown (3Y)Largest decline over 3 years | -15.40% | -5.41% | -9.99% |
Max Drawdown (5Y)Largest decline over 5 years | -16.70% | -16.48% | -0.22% |
Max Drawdown (10Y)Largest decline over 10 years | -25.59% | -25.55% | -0.04% |
Current DrawdownCurrent decline from peak | -23.76% | -22.83% | -0.93% |
Average DrawdownAverage peak-to-trough decline | -15.52% | -10.09% | -5.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.76% | 2.14% | +8.62% |
Volatility
XG7S.L vs. SGLO.L - Volatility Comparison
Xtrackers Global Government Bond UCITS ETF 5C (XG7S.L) has a higher volatility of 1.44% compared to iShares Global Government Bond UCITS ETF USD (Dist) (SGLO.L) at 1.24%. This indicates that XG7S.L's price experiences larger fluctuations and is considered to be riskier than SGLO.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XG7S.L | SGLO.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.44% | 1.24% | +0.20% |
Volatility (6M)Calculated over the trailing 6-month period | 3.54% | 3.88% | -0.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.76% | 5.24% | +15.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.16% | 7.47% | +6.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.59% | 8.77% | +5.82% |
XG7S.L vs. SGLO.L - Expense Ratio Comparison
Both XG7S.L and SGLO.L have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
XG7S.L vs. SGLO.L - Dividend Comparison
XG7S.L has not paid dividends to shareholders, while SGLO.L's dividend yield for the trailing twelve months is around 4.16%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SGLO.L iShares Global Government Bond UCITS ETF USD (Dist) | 4.16% | 3.86% | 3.15% | 1.87% | 0.95% | 0.85% | 1.35% | 1.60% | 1.37% | 1.26% | 1.34% | 0.89% |
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% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XG7S.L and SGLO.L have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.20% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
XG7S.L and SGLO.L have the same expense ratio: 0.20% per year.
Both ETFs track Bloomberg Global Aggregate TR USD. They also come from different issuers: Xtrackers and iShares.
Find the right allocation for XG7S.L and SGLO.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