XG7S.L vs. XBGG.L

Last updated Apr 2, 2026

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

XG7S.L and XBGG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. 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. Both XG7S.L and XBGG.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

XG7S.L vs. XBGG.L - Performance Comparison

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

XG7S.L vs. XBGG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XG7S.L Xtrackers Global Government Bond UCITS ETF 5C	-0.06%	-0.22%	-1.85%	-0.74%	-8.86%	-6.63%	6.73%	1.94%	4.76%	-1.81%
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%

Returns By Period

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

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%

XBGG.L

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

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

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

XG7S.L has a 0.20% expense ratio, which is higher than XBGG.L's 0.15% 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%.

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

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

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

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

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

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.

XG7S.L vs. XBGG.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 Xtrackers II ESG Global Aggregate Bond UCITS ETF 3D GBP hedged (XBGG.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	XBGG.L	Difference
Sharpe ratio Return per unit of total volatility	0.01	0.96	-0.95
Sortino ratio Return per unit of downside risk	0.17	1.37	-1.21
Omega ratio Gain probability vs. loss probability	1.05	1.17	-0.12
Calmar ratio Return relative to maximum drawdown	-0.08	1.24	-1.32
Martin ratio Return relative to average drawdown	-0.13	4.34	-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.

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

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

	XG7S.L	XBGG.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.01	0.96	-0.95
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.26	-0.07	-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	0.17	0.21	-0.04

Correlation

The correlation between XG7S.L and XBGG.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

XG7S.L vs. XBGG.L - Dividend Comparison

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

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
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%
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%

Drawdowns

XG7S.L vs. XBGG.L - Drawdown Comparison

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

Drawdown Indicators

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

Volatility

XG7S.L vs. XBGG.L - Volatility Comparison

Xtrackers Global Government Bond UCITS ETF 5C (XG7S.L) has a higher volatility of 1.64% compared to Xtrackers II ESG Global Aggregate Bond UCITS ETF 3D GBP hedged (XBGG.L) at 1.34%. This indicates that XG7S.L's price experiences larger fluctuations and is considered to be riskier than XBGG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

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