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Fundology

ETF · SPDR

GLAB State Street SPDR Bloomberg Global Aggregate Bond UCITS ETF Hedged GBP

ISIN IE00BF1QPJ56London Stock Exchange: GLABState Street Corp.

Compare with another fund

Latest close

LSE

£27.51

on

Ongoing charge
0.10% a year
Fund size
£80.9m

Source: TradingView, as of , at least 15 min delayed

At a glance

As of 30/09/2026, GLAB (State Street SPDR Bloomberg Global Aggregate Bond UCITS ETF Hedged GBP, ISIN IE00BF1QPJ56) closed at £27.51 on the London Stock Exchange. Its ongoing charge is 0.10% a year (about £10 on £10,000). Over the five years to 30/09/2026 its total return was −1.4%, or −22.9% after UK CPIH inflation.

Past returns

Total return: the change in the fund’s value with any income reinvested, after its ongoing charges. Periods to .
1 year to 30/09/2026
−0.7%
−3.8% after inflation
3 years to 30/09/2026
+12.2%
+1.2% after inflation
5 years to 30/09/2026
−1.4%
−22.9% after inflation

£1,000 put in five years ago would have been worth about £986 on 30/09/2026 — about £771 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH

Calendar-year and 12-month returns

Calendar-year returns of State Street SPDR Bloomberg Global Aggregate Bond UCITS ETF Hedged GBP in pounds (price only, income paid out not included): 2022 −13.3%, 2023 +3.7%, 2024 0.0%, 2025 +1.6%; 2026 to 30/09/2026 −4.5%. Returns of State Street SPDR Bloomberg Global Aggregate Bond UCITS ETF Hedged GBP in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −3.7%; to 30/09/2025: −0.5%; to 30/09/2024: +6.8%; to 30/09/2023: −1.3%; to 30/09/2022: −14.0%.

Calendar-year returns of GLAB, in pounds (price only — income paid out is not included), to 30/09/2026
YearReturnAfter inflation
to −4.5%−7.2%
+1.6%−1.9%
0.0%−3.4%
+3.7%−0.5%
−13.3%−20.6%
Returns of GLAB over 12-month periods to 30/09/2026, in pounds (price only — income paid out is not included)
12 months toReturnAfter inflation
from −3.7%Not available
from −0.5%−4.4%
from +6.8%+4.1%
from −1.3%−7.2%
from −14.0%−21.0%

Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , inflation: ONS CPIH

How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing

Risk: volatility and largest fall

How far the price has swung and fallen. The same record the returns come from, in pounds.

Volatility (annualised)

4.7%over 5 years

Volatility, annualised from weekly returns, by period
1 year3.4%
3 years4.1%
5 years4.7%

Annualised from weekly returns. Higher means bumpier.

Largest fall since October 2021
−16.3%
From to
Lowest 12-month return
−15.0%
12 months to
Highest 12-month return
+7.4%
12 months to
Below its highest weekly close since October 2021
13.4%
High of , latest

In words: Volatility of State Street SPDR Bloomberg Global Aggregate Bond UCITS ETF Hedged GBP in pounds, annualised from weekly returns to 30/09/2026: 3.4% over 1 year, 4.1% over 3 years, 4.7% over 5 years. Largest fall in the price of State Street SPDR Bloomberg Global Aggregate Bond UCITS ETF Hedged GBP since October 2021, in pounds: −16.3% from 03/12/2021 to 20/10/2023. The lowest 12-month return of State Street SPDR Bloomberg Global Aggregate Bond UCITS ETF Hedged GBP in pounds (price only, income paid out not included) since January 2021 was −15.0% (12 months to 04/11/2022); the highest was +7.4% (12 months to 18/10/2024). On 30/09/2026 the price of State Street SPDR Bloomberg Global Aggregate Bond UCITS ETF Hedged GBP was 13.4% below its highest weekly close since October 2021 (03/12/2021), in pounds.

Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , price only — income paid out is not included

How we work it out:Risk figuresFallsVolatilityLargest fall

Charges compared with similar funds

The ongoing charge is taken from the fund’s value every day, so the returns on this page are already after it. Platform and dealing fees are charged separately.
Ongoing charge
0.10%
a year
On £10,000
£10
a year, roughly
Over five years
£50
of £10,000, before growth
Among 384 corporate and other bond funds, share classes counted once
  • 12 charge less
  • 22 the same
  • 349 charge more

Ongoing charge of State Street SPDR Bloomberg Global Aggregate Bond UCITS ETF Hedged GBP 0.10% a year, as of 01/10/2026: 349 of the 383 other corporate and other bond funds charge more, 22 the same and 12 less (share classes counted once).

Source: Fund ongoing charges via TradingView, as of

A lower charge is not a promise of a higher return: what the fund holds matters more. Charges are the fund’s own published ongoing charges figure.

Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up

In plain English

State Street SPDR Bloomberg Global Aggregate Bond UCITS ETF Hedged GBP is an exchange-traded fund (ETF) from SPDR, launched in 2018.

It tracks the Bloomberg Global Aggregate.

You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.

Its ongoing charge is 0.1% a year — about £10 a year on every £10,000 invested, taken from the fund's value rather than billed to you.

Income from its investments is paid out to holders as cash, usually a few times a year.

It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound.

Corporate & other bonds: Loans to companies and other borrowers, which usually pay more interest than government bonds in exchange for more risk.

Terms:ETFIndex fundUCITSAccumulating or incomeCurrency hedgingShare classISIN

Key facts

Ticker
GLAB
ISIN
IE00BF1QPJ56
Provider
SPDR
Tracks
Bloomberg Global Aggregate
Structure
ETF
An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
Income
Distributing, paid semi-annual
Income is paid out to holders as cash, usually a few times a year.
Ongoing charge
0.10% a year · about £10 on £10,000
Fund size
£80.9m
Launched
Domicile
Ireland
Can be held in
ISA and SIPP
Currency hedged
Yes, to pounds
Price currency
Pounds (GBP)
Category
Corporate & other bonds

Price chart

Closing price
£27.51−3.0% since 31/07/2026 · closing price
GLAB closing price: £28.36 on 31/07/2026, £27.51 on 30/09/2026 (−3.0%); low £27.51, high £28.36.

Since 31/07/2026, the closing price went from £28.36 on 31/07/2026 to £27.51 on 30/09/2026 (−3.0%). The lowest close shown was £27.51 on 30/09/2026 and the highest £28.36 on 31/07/2026.

Chart: closing prices we have recorded since 31/07/2026. Price only — income paid out is not included, so the line can end below the total return above.

Source: TradingView, as of , at least 15 min delayed

Five years of prices, and after inflation

10 weekly closes, from 31/07/2026 to 30/09/2026. The same history in September 2026 pounds, adjusted with ONS CPIH inflation.

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How we work it out:Prices and returnsNAV and price

What it holds

The ten largest holdings make up 2.0% of the fund, as of .

Top 10 holdings

Top holdings of GLAB: the ten largest, as a percentage of the whole fund, as of 30/09/2026
Rank#HoldingWeight as a percentage of the fund
1US Treasury N/B 4.25 08/15/20350.23%
2US Treasury N/B 0.625 05/15/20300.21%
3US Treasury N/B 3.75 04/15/20280.21%
4US Treasury N/B 4 11/15/20350.21%
5China Government Bond 1.78 11/15/20350.20%
6China Government Bond 1.83 08/25/20350.20%
7US Treasury N/B 3.875 06/30/20300.20%
8US Treasury N/B 4.375 05/15/20340.20%
9China Government Bond 1.79 03/25/20320.19%
10Fannie Mae 2 05/01/20510.18%

Source: SPDR, holdings as published, as of , company pages by TradingView

Where it invests

The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed.

By country

  1. United States40.2%
  2. China11.1%
  3. Japan8.1%
  4. France5.3%
  5. United Kingdom4.4%
  6. Germany4.0%
  7. Canada3.5%
  8. Italy3.0%
  9. Other countries20.4%
Added up from the holdings SPDR publishes, as of 30/09/2026.

3,606 holdings are listed for this fund. All 3,606 holdings of GLAB, with the full split by sector, country and type of asset.

All holdings

The fund publishes 3,606 holdings; the ten largest make up 2.0% of it.

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Sector split

As a share of the whole fund. The source classifies 2.8% of it by sector; bonds, cash and positions it cannot match are left out rather than guessed.

  1. Finance1.8%
  2. Technology Services0.2%
  3. Health Technology0.1%
  4. Utilities0.1%
  5. Communications0.1%
  6. Electronic Technology0.1%
  7. Energy Minerals0.1%
  8. Transportation0.1%
  9. Other classified sectors0.2%
Sector classification by TradingView over the holdings SPDR publishes, as of 30/09/2026.

Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured

Funds tracking the same index

7 funds track Bloomberg Global Aggregate, this one included and share classes counted once; their ongoing charges range from 0.10% to 0.16% a year (30/09/2026).

7 funds that track the Bloomberg Global Aggregate, listed by name. Returns are the data vendor’s, in pounds, with income reinvested unless marked “price”.
Fund1 year5 years
Amundi Core Global Aggregate Bond -UCITS ETF DR Hedged- DistributionDistributing · Currency hedged · 0.14% a year−0.8%+3.0%
Amundi Core Global Aggregate Bond -UCITS ETF DR- CapitalisationAccumulating · 0.16% a year−1.0%−8.0%
Global Aggregate Bond UCITS ETF -ETFSHGBP- GBPDistributing · 0.10% a year+0.9%Not reported
Global Aggregate Bond UCITS ETF Accu Shs -ETFCH- USDAccumulating · 0.10% a year+0.5%Not reported
State Street SPDR Bloomberg Global Aggregate Bond UCITS ETF Accum Hedged USDAccumulating · Currency hedged · 0.10% a year+0.5%+2.1%
State Street SPDR Bloomberg Global Aggregate Bond UCITS ETF Hedged GBPThis fundDistributing · Currency hedged · 0.10% a year−0.7%−1.4%
State Street SPDR Bloomberg Global Aggregate Bond UCITS ETF USDDistributing · 0.12% a year−1.0%−7.6%

Source: TradingView reported returns and fund ongoing charges, as of

Read more:Index fundsTracking differenceHow funds are compared

Other versions of this fund

SPDR’s other share classes and funds on the Bloomberg Global Aggregate. They can differ in how income is paid, currency hedging and charge.

Read more:Share classesAccumulating or incomeCurrency hedging

Risk and return in depth

Ratios that weigh return against its ups and downs, every rolling period rather than a few fixed ones, and each large fall with how long it took to recover.

  • Sharpe, Sortino and Calmar ratios

    Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.

    With a free account

  • Rolling returns

    The full range of 248 rolling 12-month returns since January 2021, and of 144 rolling three-year returns, in pounds, with how often they were above zero.

    With a free account

  • Largest falls and recoveries

    The largest fall since October 2021, in pounds, with how many weeks it took to reach its low and to recover.

    With a free account

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  • Moves compared with a similar fund

    Correlation and beta of weekly returns in pounds against iShares Core UK Gilts UCITS ETF, over the three years to 30/09/2026 (146 weeks).

    Pro

Pro — currently by invitation

Pro includes moves against a comparable fund

Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].

Questions people ask

What is the ongoing charge of GLAB?

The ongoing charge of GLAB is 0.10% a year — about £10 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of State Street SPDR Bloomberg Global Aggregate Bond UCITS ETF Hedged GBP 0.10% a year, as of 01/10/2026: 349 of the 383 other corporate and other bond funds charge more, 22 the same and 12 less (share classes counted once).

What does GLAB track?

GLAB tracks the Bloomberg Global Aggregate.

Is GLAB accumulating or distributing?

GLAB is distributing: income is paid out to holders as cash, usually a few times a year. It pays out semi-annual.

What is the ISIN of GLAB?

The ISIN of GLAB is IE00BF1QPJ56. An ISIN identifies one exact share class of a fund; GLAB is its ticker on the London Stock Exchange.

What were GLAB’s returns in each of the last five years?

Calendar-year returns of GLAB in pounds (price only, income paid out not included): 2022 −13.3%, 2023 +3.7%, 2024 0.0%, 2025 +1.6%; 2026 to 30/09/2026 −4.5%. Past performance is not a guide to future returns.

How has GLAB done after inflation?

Over the five years to 30/09/2026 GLAB’s total return was −1.4%, or −22.9% after UK CPIH inflation. Past performance is not a guide to future returns.

Similar funds

More corporate and other bond funds, largest first. Size is a fact, not a verdict.
All corporate and other bond fundsEvery fund we cover

Sources and dates

Prices
London Stock Exchange closes via TradingView, at least 15 minutes delayed, latest
Returns
TradingView reported returns (net asset value with income reinvested where available)
Calendar years, risk
Fundology, from recorded closes (weekly history from the data vendor where our record is short)
Inflation
ONS CPIH, latest month used August 2026
Charges
The fund’s ongoing charges figure, via TradingView
Holdings
SPDR, as published,
Identity
FCA Financial Instruments Reference Data System (FIRDS) and the issuer
Fund size
TradingView, converted to pounds at the latest ECB reference rate

Methodology:Data sourcesReturnsCategoriesAll methods

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