XGIU.L vs. IBTS.L
XGIU.L (Xtrackers Global Inflation-Linked Bond UCITS ETF 5C) and IBTS.L (iShares $ Treasury Bond 1-3yr UCITS ETF) are both exchange-traded funds - XGIU.L is a Inflation-Protected Bonds fund tracking the Bloomberg Gbl Infl Linked TR USD, while IBTS.L is a Government Bonds fund tracking the ICE U.S. Treasury 1-3 Year Bond Index. Both are passively managed. Over the past 10 years, XGIU.L returned 1.97%/yr vs 2.52%/yr for IBTS.L. At a 0.32 correlation, their price movements are largely independent. XGIU.L charges 0.20%/yr vs 0.07%/yr for IBTS.L.
Performance
XGIU.L vs. IBTS.L - Performance Comparison
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Different Trading Currencies
XGIU.L is traded in GBp, while IBTS.L is traded in GBP. To make them comparable, the IBTS.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, XGIU.L achieves a 1.28% return, which is significantly higher than IBTS.L's 0.65% return. Over the past 10 years, XGIU.L has underperformed IBTS.L with an annualized return of 1.97%, while IBTS.L has yielded a comparatively higher 2.52% annualized return.
XGIU.L
- 1D
- 0.09%
- 1M
- 0.66%
- YTD
- 1.28%
- 6M
- 0.66%
- 1Y
- 4.77%
- 3Y*
- 0.78%
- 5Y*
- -1.04%
- 10Y*
- 1.97%
IBTS.L
- 1D
- 0.14%
- 1M
- 1.13%
- YTD
- 0.65%
- 6M
- 0.29%
- 1Y
- 4.47%
- 3Y*
- 1.53%
- 5Y*
- 2.95%
- 10Y*
- 2.52%
XGIU.L vs. IBTS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XGIU.L Xtrackers Global Inflation-Linked Bond UCITS ETF 5C | 1.28% | 1.16% | -1.40% | -0.59% | -12.25% | 3.51% | 7.89% | 4.14% | 3.71% | 1.12% |
IBTS.L iShares $ Treasury Bond 1-3yr UCITS ETF | 0.65% | -1.91% | 5.79% | -1.41% | 7.61% | 0.64% | -0.34% | 0.37% | 7.21% | -8.60% |
Correlation
The correlation between XGIU.L and IBTS.L is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Apr 27, 2016 | 0.32 |
The correlation between XGIU.L and IBTS.L shifts across timeframes, from 0.32 (all time) to 0.51 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
XGIU.L vs. IBTS.L — Risk / Return Rank
XGIU.L
IBTS.L
XGIU.L vs. IBTS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Global Inflation-Linked Bond UCITS ETF 5C (XGIU.L) and iShares $ Treasury Bond 1-3yr UCITS ETF (IBTS.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.
| XGIU.L | IBTS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.20 | ||
| Sortino ratioReturn per unit of downside risk | +0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.13 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.60 | 0.99 | +0.62 |
| Martin ratioReturn relative to average drawdown | 3.05 | 2.51 | +0.53 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XGIU.L | IBTS.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.93 | 0.73 | +0.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.14 | 0.36 | -0.50 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.30 | 0.27 | +0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.35 | -0.03 |
Drawdowns
XGIU.L vs. IBTS.L - Drawdown Comparison
The maximum XGIU.L drawdown since its inception was -20.08%, which is greater than IBTS.L's maximum drawdown of -19.02%. Use the drawdown chart below to compare losses from any high point for XGIU.L and IBTS.L.
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Drawdown Indicators
| XGIU.L | IBTS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.08% | -19.02% | -1.06% |
Max Drawdown (1Y)Largest decline over 1 year | -2.97% | -4.51% | +1.54% |
Max Drawdown (3Y)Largest decline over 3 years | -5.40% | -8.89% | +3.49% |
Max Drawdown (5Y)Largest decline over 5 years | -20.08% | -16.28% | -3.80% |
Max Drawdown (10Y)Largest decline over 10 years | -20.08% | -19.02% | -1.06% |
Current DrawdownCurrent decline from peak | -14.69% | -7.51% | -7.18% |
Average DrawdownAverage peak-to-trough decline | -11.04% | -7.93% | -3.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.56% | 1.78% | -0.22% |
Volatility
XGIU.L vs. IBTS.L - Volatility Comparison
Xtrackers Global Inflation-Linked Bond UCITS ETF 5C (XGIU.L) has a higher volatility of 2.42% compared to iShares $ Treasury Bond 1-3yr UCITS ETF (IBTS.L) at 1.67%. This indicates that XGIU.L's price experiences larger fluctuations and is considered to be riskier than IBTS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XGIU.L | IBTS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.42% | 1.67% | +0.75% |
Volatility (6M)Calculated over the trailing 6-month period | 3.99% | 4.49% | -0.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.10% | 6.09% | -0.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.96% | 8.09% | +0.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.64% | 9.24% | +2.40% |
XGIU.L vs. IBTS.L - Expense Ratio Comparison
XGIU.L has a 0.20% expense ratio, which is higher than IBTS.L's 0.07% 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
XGIU.L vs. IBTS.L - Dividend Comparison
XGIU.L has not paid dividends to shareholders, while IBTS.L's dividend yield for the trailing twelve months is around 3.99%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBTS.L iShares $ Treasury Bond 1-3yr UCITS ETF | 3.99% | 4.22% | 4.12% | 3.08% | 0.75% | 0.61% | 1.84% | 2.39% | 1.49% | 1.01% | 0.67% | 0.49% |
XGIU.L Xtrackers Global Inflation-Linked 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
XGIU.L and IBTS.L have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IBTS.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IBTS.L is cheaper with a 0.07% expense ratio, compared with 0.20% for XGIU.L.
XGIU.L is categorized as Inflation-Protected Bonds, while IBTS.L is Government Bonds. XGIU.L tracks Bloomberg Gbl Infl Linked TR USD, while IBTS.L tracks ICE U.S. Treasury 1-3 Year Bond Index. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.20% for XGIU.L and 0.07% for IBTS.L.
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