XG7U.L vs. IBCI.L
XG7U.L (Xtrackers Global Inflation-Linked Bond UCITS ETF 2C USD hedged) and IBCI.L (iShares € Inflation Linked Govt Bond UCITS ETF EUR (Acc)) are both Inflation-Protected Bonds funds - XG7U.L tracks the Bloomberg Gbl Infl Linked TR Hdg USD while IBCI.L tracks the BBG Euro Government Inflation-Linked Bond Index (EUR). Both are passively managed. Over the past 10 years, XG7U.L returned 1.66%/yr vs 1.80%/yr for IBCI.L. At a 0.35 correlation, their price movements are largely independent. XG7U.L charges 0.25%/yr vs 0.09%/yr for IBCI.L.
Performance
XG7U.L vs. IBCI.L - Performance Comparison
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Different Trading Currencies
XG7U.L is traded in USD, while IBCI.L is traded in GBP. To make them comparable, the IBCI.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, XG7U.L achieves a 1.05% return, which is significantly higher than IBCI.L's -0.06% return. Over the past 10 years, XG7U.L has underperformed IBCI.L with an annualized return of 1.66%, while IBCI.L has yielded a comparatively higher 1.80% annualized return.
XG7U.L
- 1D
- 0.18%
- 1M
- -0.75%
- 6M
- 0.43%
- YTD
- 1.05%
- 1Y
- 3.30%
- 3Y*
- 2.62%
- 5Y*
- -1.27%
- 10Y*
- 1.66%
IBCI.L
- 1D
- 0.11%
- 1M
- -1.04%
- 6M
- 0.40%
- YTD
- -0.06%
- 1Y
- 1.49%
- 3Y*
- 2.57%
- 5Y*
- -0.14%
- 10Y*
- 1.80%
XG7U.L vs. IBCI.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XG7U.L Xtrackers Global Inflation-Linked Bond UCITS ETF 2C USD hedged | 1.05% | 4.67% | -0.45% | 4.13% | -17.08% | 5.31% | 9.30% | 8.31% | -0.20% | 3.29% |
IBCI.L iShares € Inflation Linked Govt Bond UCITS ETF EUR (Acc) | -0.06% | 14.03% | -6.15% | 8.94% | -14.56% | -1.69% | 11.77% | 5.24% | -6.65% | 14.99% |
Correlation
The correlation between XG7U.L and IBCI.L is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Feb 6, 2013 | 0.35 |
The correlation between XG7U.L and IBCI.L shifts across timeframes, from 0.35 (all time) to 0.52 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
XG7U.L vs. IBCI.L — Risk / Return Rank
XG7U.L
IBCI.L
XG7U.L vs. IBCI.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Global Inflation-Linked Bond UCITS ETF 2C USD hedged (XG7U.L) and iShares € Inflation Linked Govt Bond UCITS ETF EUR (Acc) (IBCI.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XG7U.L | IBCI.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.49 | ||
| Sortino ratioReturn per unit of downside risk | +0.63 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.04 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.31 | 0.28 | +1.02 |
| Martin ratioReturn relative to average drawdown | 3.45 | 0.70 | +2.75 |
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Drawdowns
XG7U.L vs. IBCI.L - Drawdown Comparison
The maximum XG7U.L drawdown since its inception was -23.33%, smaller than the maximum IBCI.L drawdown of -39.46%. Use the drawdown chart below to compare losses from any high point for XG7U.L and IBCI.L.
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Drawdown Indicators
| XG7U.L | IBCI.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.33% | -39.46% | +16.13% |
Max Drawdown (1Y)Largest decline over 1 year | -2.51% | -5.20% | +2.69% |
Max Drawdown (3Y)Largest decline over 3 years | -5.20% | -15.03% | +9.83% |
Max Drawdown (5Y)Largest decline over 5 years | -23.33% | -27.24% | +3.91% |
Max Drawdown (10Y)Largest decline over 10 years | -23.33% | -27.24% | +3.91% |
Current DrawdownCurrent decline from peak | -10.82% | -19.70% | +8.88% |
Average DrawdownAverage peak-to-trough decline | -6.16% | -25.91% | +19.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.95% | 2.11% | -1.16% |
Volatility
XG7U.L vs. IBCI.L - Volatility Comparison
The current volatility for Xtrackers Global Inflation-Linked Bond UCITS ETF 2C USD hedged (XG7U.L) is 0.85%, while iShares € Inflation Linked Govt Bond UCITS ETF EUR (Acc) (IBCI.L) has a volatility of 1.56%. This indicates that XG7U.L experiences smaller price fluctuations and is considered to be less risky than IBCI.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XG7U.L | IBCI.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.85% | 1.56% | -0.71% |
Volatility (6M)Calculated over the trailing 6-month period | 3.09% | 6.19% | -3.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.84% | 7.96% | -3.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.80% | 13.69% | -5.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.00% | 12.96% | -5.96% |
XG7U.L vs. IBCI.L - Expense Ratio Comparison
XG7U.L has a 0.25% expense ratio, which is higher than IBCI.L's 0.09% 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
XG7U.L vs. IBCI.L - Dividend Comparison
Neither XG7U.L nor IBCI.L has paid dividends to shareholders.
Frequently Asked Questions
XG7U.L and IBCI.L have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IBCI.L is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IBCI.L is cheaper with a 0.09% expense ratio, compared with 0.25% for XG7U.L.
XG7U.L tracks Bloomberg Gbl Infl Linked TR Hdg USD, while IBCI.L tracks BBG Euro Government Inflation-Linked Bond Index (EUR). They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.25% for XG7U.L and 0.09% for IBCI.L.
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