# Global Aggregate Bond UCITS ETF Accu Shs -ETFCH- USD (HGAD) **Page:** https://fundology.uk/fund/hgad · ISIN IE0007SZHO07 ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 13/11/2026, HGAD (Global Aggregate Bond UCITS ETF Accu Shs -ETFCH- USD, ISIN IE0007SZHO07) closed at $10.86 on the London Stock Exchange. Its ongoing charge is 0.10% a year (about £10 on £10,000). Over the year to 13/11/2026 its total return was +0.2%, or −3.4% after UK CPIH inflation. ## Summary Global Aggregate Bond UCITS ETF Accu Shs -ETFCH- USD is an exchange-traded fund (ETF) from HSBC, launched in 2024. 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 reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. Latest close: **$10.86** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | HGAD | | ISIN | IE0007SZHO07 | | Category | Corporate & other bonds | | Type | ETF | | Provider | HSBC | | Tracks | Bloomberg Global Aggregate | | Income | Accumulating | | Ongoing charge | 0.10% a year (£10 per £10,000) | | Fund size | £35.8m | | Launched | 2024 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/01/2024 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +0.16% | -3.39% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Global Aggregate Bond UCITS ETF Accu Shs -ETFCH- USD in pounds (price, with income reinvested in the fund): 2025 −3.3%; 2026 to 13/11/2026 +1.6%. Returns of Global Aggregate Bond UCITS ETF Accu Shs -ETFCH- USD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +0.4%; to 30/09/2025: +2.6%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2025 | -3.3% | -6.6% | Price | | 2026 to 13/11/2026 | +1.6% | -1.6% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 5.43% | -4.50% | ## Largest fall Volatility of Global Aggregate Bond UCITS ETF Accu Shs -ETFCH- USD in pounds, annualised from weekly returns to 13/11/2026: 5.4% over 1 year. Largest fall in the price of Global Aggregate Bond UCITS ETF Accu Shs -ETFCH- USD since May 2024, in pounds: −8.6% from 17/01/2025 to 27/06/2025. The lowest 12-month return of Global Aggregate Bond UCITS ETF Accu Shs -ETFCH- USD in pounds (price, with income reinvested in the fund) since May 2024 was −5.3% (12 months to 30/01/2026); the highest was +7.5% (12 months to 26/06/2026). On 13/11/2026 the price of Global Aggregate Bond UCITS ETF Accu Shs -ETFCH- USD was 3.3% below its highest weekly close since May 2024 (17/01/2025), in pounds. ## Charges compared with similar funds Ongoing charge of Global Aggregate Bond UCITS ETF Accu Shs -ETFCH- USD 0.10% a year. Compared on 14/11/2026, 383 of the 427 other corporate and other bond funds charge more, 26 the same and 18 less (share classes counted once). ## Funds tracking the same index 13 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 (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Amundi Core Global Aggregate Bond -UCITS ETF DR Hedged- Distribution | 0.14% | -0.2% | +11.6% | +4.5% | | Amundi Core Global Aggregate Bond -UCITS ETF DR- Capitalisation | 0.16% | -2.7% | +3.2% | -8.0% | | Global Aggregate Bond UCITS ETF -ETFSHGBP- GBP | 0.10% | +2.1% | — | — | | Global Aggregate Bond UCITS ETF Accu Shs -ETFCH- USD (this fund) | 0.10% | +0.2% | — | — | | iShares Core Global Aggregate Bond UCITS ETF Accum Hedged EUR | 0.10% | -6.4% | +3.7% | -9.8% | | iShares Core Global Aggregate Bond UCITS ETF Accum Hedged NZD | 0.15% | -3.7% | -3.3% | — | | iShares Core Global Aggregate Bond UCITS ETF Accum Hedged USD | 0.10% | +0.1% | +5.8% | +3.0% | | iShares Core Global Aggregate Bond UCITS ETF Hedged GBP | 0.10% | +0.4% | +13.6% | -0.6% | | iShares Core Global Aggregate Bond UCITS ETF USD | 0.10% | -2.0% | +3.1% | -7.2% | | State Street SPDR Bloomberg Global Aggregate Bond UCITS ETF Accum Hedged USD | 0.10% | -0.5% | +4.5% | +3.4% | | State Street SPDR Bloomberg Global Aggregate Bond UCITS ETF Hedged GBP | 0.10% | -0.2% | +12.1% | -0.1% | | State Street SPDR Bloomberg Global Aggregate Bond UCITS ETF Hedged USD | 0.10% | -0.5% | +4.3% | +3.4% | | State Street SPDR Bloomberg Global Aggregate Bond UCITS ETF USD | 0.11% | -2.5% | +4.0% | -7.7% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.10%** per year (as of 23/10/2026) - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## Questions people ask **What is the ongoing charge of HGAD?** The ongoing charge of HGAD 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 Global Aggregate Bond UCITS ETF Accu Shs -ETFCH- USD 0.10% a year. Compared on 14/11/2026, 383 of the 427 other corporate and other bond funds charge more, 26 the same and 18 less (share classes counted once). **What does HGAD track?** HGAD tracks the Bloomberg Global Aggregate. **Is HGAD accumulating or distributing?** HGAD is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. **What is the ISIN of HGAD?** The ISIN of HGAD is IE0007SZHO07. An ISIN identifies one exact share class of a fund; HGAD is its ticker on the London Stock Exchange. **What were HGAD’s returns in each of the last five years?** Calendar-year returns of HGAD in pounds (price, with income reinvested in the fund): 2025 −3.3%; 2026 to 13/11/2026 +1.6%. Past performance is not a guide to future returns. **How has HGAD done after inflation?** Over the year to 13/11/2026 HGAD’s total return was +0.2%, or −3.4% after UK CPIH inflation. Past performance is not a guide to future returns. ## Fund documents - [Fund page at HSBC Asset Management](https://www.assetmanagement.hsbc.co.uk/en/individual-investor/funds/ie0007szho07) - [Key investor information document (KIID)](https://www.assetmanagement.hsbc.co.uk/api/v1/download/document/ie0007szho07/gb/en/kiid) - [Factsheet](https://www.assetmanagement.hsbc.co.uk/api/v1/download/document/ie0007szho07/gb/en/factsheet) - Links checked 12/10/2026. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.