XGIU.L vs. TIPG.L

Last updated Jun 5, 2026

XGIU.L (Xtrackers Global Inflation-Linked Bond UCITS ETF 5C) and TIPG.L (Lyxor Core US TIPS (DR) UCITS ETF - Dist) are both Inflation-Protected Bonds funds - XGIU.L tracks the Bloomberg Gbl Infl Linked TR USD while TIPG.L tracks the Bloomberg Gbl Infl Linked US TIPS TR USD. Both are passively managed. Over the past 5 years, XGIU.L returned -1.04%/yr vs 1.22%/yr for TIPG.L. At a 0.49 correlation, their price movements are largely independent. XGIU.L charges 0.20%/yr vs 0.09%/yr for TIPG.L.

Performance

XGIU.L vs. TIPG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Xtrackers Global Inflation-Linked Bond UCITS ETF 5C (XGIU.L) and Lyxor Core US TIPS (DR) UCITS ETF - Dist (TIPG.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XGIU.L achieves a 1.28% return, which is significantly lower than TIPG.L's 1.46% 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%

TIPG.L

• 1D: 0.09%
• 1M: 1.05%
• YTD: 1.46%
• 6M: -0.45%
• 1Y: 4.71%
• 3Y*: 0.24%
• 5Y*: 1.22%
• 10Y*: —

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

XGIU.L vs. TIPG.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%
TIPG.L Lyxor Core US TIPS (DR) UCITS ETF - Dist	1.46%	-1.51%	2.83%	-2.90%	-2.52%	6.54%	6.58%	4.69%	2.93%	-6.27%

Correlation

The correlation between XGIU.L and TIPG.L is 0.68, 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	0.68
Correlation (3Y) Calculated over the trailing 3-year period	0.70
Correlation (5Y) Calculated over the trailing 5-year period	0.63
Correlation (All Time) Calculated using the full available price history since Oct 11, 2016	0.49

The correlation between XGIU.L and TIPG.L shifts across timeframes, from 0.49 (all time) to 0.70 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

XGIU.L vs. TIPG.L — Risk / Return Rank

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

XGIU.L

XGIU.L Risk / Return Rank: 27
XGIU.L Sharpe Ratio Rank: 27
XGIU.L Sortino Ratio Rank: 25
XGIU.L Omega Ratio Rank: 26
XGIU.L Calmar Ratio Rank: 33
XGIU.L Martin Ratio Rank: 24

TIPG.L

TIPG.L Risk / Return Rank: 20
TIPG.L Sharpe Ratio Rank: 22
TIPG.L Sortino Ratio Rank: 21
TIPG.L Omega Ratio Rank: 20
TIPG.L Calmar Ratio Rank: 18
TIPG.L Martin Ratio Rank: 17

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.

XGIU.L vs. TIPG.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 Lyxor Core US TIPS (DR) UCITS ETF - Dist (TIPG.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	TIPG.L	Difference
Sharpe ratio: Return per unit of total volatility	0.93	0.74	+0.19
Sortino ratio: Return per unit of downside risk	1.32	1.08	+0.24
Omega ratio: Gain probability vs. loss probability	1.17	1.13	+0.04
Calmar ratio: Return relative to maximum drawdown	1.60	0.75	+0.85
Martin ratio: Return relative to average drawdown	3.05	1.67	+1.37
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XGIU.L vs. TIPG.L - Sharpe Ratio Comparison

The current XGIU.L Sharpe Ratio is 0.93, which is comparable to the TIPG.L Sharpe Ratio of 0.74. The chart below compares the historical Sharpe Ratios of XGIU.L and TIPG.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XGIU.L	TIPG.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.93	0.74	+0.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.14	0.14	-0.28
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.30	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	0.11	+0.21

Drawdowns

XGIU.L vs. TIPG.L - Drawdown Comparison

The maximum XGIU.L drawdown since its inception was -20.08%, which is greater than TIPG.L's maximum drawdown of -15.73%. Use the drawdown chart below to compare losses from any high point for XGIU.L and TIPG.L.

Drawdown Indicators

	XGIU.L	TIPG.L	Difference
Max Drawdown Largest peak-to-trough decline	-20.08%	-15.73%	-4.35%
Max Drawdown (1Y) Largest decline over 1 year	-2.97%	-6.27%	+3.30%
Max Drawdown (3Y) Largest decline over 3 years	-5.40%	-8.00%	+2.60%
Max Drawdown (5Y) Largest decline over 5 years	-20.08%	-15.73%	-4.35%
Max Drawdown (10Y) Largest decline over 10 years	-20.08%	—	—
Current Drawdown Current decline from peak	-14.69%	-10.38%	-4.31%
Average Drawdown Average peak-to-trough decline	-11.04%	-7.90%	-3.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.56%	2.82%	-1.26%

Volatility

XGIU.L vs. TIPG.L - Volatility Comparison

Xtrackers Global Inflation-Linked Bond UCITS ETF 5C (XGIU.L) has a higher volatility of 2.42% compared to Lyxor Core US TIPS (DR) UCITS ETF - Dist (TIPG.L) at 1.82%. This indicates that XGIU.L's price experiences larger fluctuations and is considered to be riskier than TIPG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XGIU.L	TIPG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.42%	1.82%	+0.60%
Volatility (6M) Calculated over the trailing 6-month period	3.99%	4.67%	-0.68%
Volatility (1Y) Calculated over the trailing 1-year period	5.10%	6.38%	-1.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.96%	8.73%	+0.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.64%	10.30%	+1.34%

XGIU.L vs. TIPG.L - Expense Ratio Comparison

XGIU.L has a 0.20% expense ratio, which is higher than TIPG.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

XGIU.L vs. TIPG.L - Dividend Comparison

XGIU.L has not paid dividends to shareholders, while TIPG.L's dividend yield for the trailing twelve months is around 0.01%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
TIPG.L Lyxor Core US TIPS (DR) UCITS ETF - Dist	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
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%

Frequently Asked Questions

Can I hold both XGIU.L and TIPG.L in my portfolio?

XGIU.L and TIPG.L have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XGIU.L or TIPG.L?

On fees, TIPG.L is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XGIU.L or TIPG.L?

TIPG.L is cheaper with a 0.09% expense ratio, compared with 0.20% for XGIU.L.

What is the main difference between XGIU.L and TIPG.L?

XGIU.L tracks Bloomberg Gbl Infl Linked TR USD, while TIPG.L tracks Bloomberg Gbl Infl Linked US TIPS TR USD. They also come from different issuers: Xtrackers and Amundi. Their fees differ too: 0.20% for XGIU.L and 0.09% for TIPG.L.