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PIMCO Covered Bond UCITS ETF Dist (COVR.DE) Alternatives

ETF · Currency in EUR · Last updated Jun 5, 2026

COVR.DE is a passive ETF by PIMCO tracking the investment results of the PIMCO Covered Bond. COVR.DE launched on Dec 17, 2013 and has a 0.43% expense ratio.

PIMCO Covered Bond UCITS ETF Dist (COVR.DE) belongs to the European Corporate Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with COVR.DE. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to COVR.DE

COVR.DE charges 0.43% annually. There are 58 ETFs in the European Corporate Bonds category with lower expense ratios, going as low as 0.04%.

SymbolNameExpense RatioAUMInception
JREB.DE
JPMorgan EUR Corporate Bond Research Enhanced Inde...0.04%—Dec 2018COVR.DE vs JREB.DE
JER5.DE
JPMorgan EUR Corporate Bond 1-5 yr Research Enhanc...0.04%—Dec 2018COVR.DE vs JER5.DE
PR1C.DE
Amundi EUR Corporate Bond UCITS ETF DR EUR (D)0.07%—Feb 2019COVR.DE vs PR1C.DE
ECR1.DE
Amundi Euro Corporate 0-1Y ESG UCITS ETF0.08%—Mar 2021COVR.DE vs ECR1.DE
LCVB.DE
Amundi Euro Corporate 0-1Y ESG UCITS ETF Dist0.08%—Jun 2007COVR.DE vs LCVB.DE

Best Risk-Adjusted Alternatives to COVR.DE

COVR.DE has a PortfoliosLab risk / return rank of 12. There are 58 ETFs in the European Corporate Bonds category with higher risk-adjusted ranks, going as high as 97.

SymbolNameRisk / Return RankAUMInception
ECR1.DE
Amundi Euro Corporate 0-1Y ESG UCITS ETF
97
—Mar 2021COVR.DE vs ECR1.DE
IB26.DE
iShares iBonds Dec 2026 Term EUR Corporate UCITS E...
95
—Sep 2023COVR.DE vs IB26.DE
EFRN.DE
iShares EUR Floating Rate Bond ESG UCITS ETF EUR (...
90
—Jun 2018COVR.DE vs EFRN.DE
ECR3.DE
Amundi Index Euro Corporate SRI 0-3 Y UCITS ETF
56
—Sep 2019COVR.DE vs ECR3.DE
QDVL.DE
iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR...
51
—Jan 2016COVR.DE vs QDVL.DE

Top Performing COVR.DE Alternatives (YTD)

COVR.DE is at -0.22% YTD. There are 58 ETFs in the European Corporate Bonds category with higher YTD returns, going as high as 1.59%.

SymbolNameYTD ReturnAUMInception
SYBQ.DE
SPDR Bloomberg 0-5 Year Sterling Corporate Bond UC...
1.59%
—Feb 2014COVR.DE vs SYBQ.DE
LCVB.DE
Amundi Euro Corporate 0-1Y ESG UCITS ETF Dist
0.94%
—Jun 2007COVR.DE vs LCVB.DE
IG35.DE
iShares iBonds December 2035 Term EUR Corporate UC...
0.90%
—Oct 2025COVR.DE vs IG35.DE
IB26.DE
iShares iBonds Dec 2026 Term EUR Corporate UCITS E...
0.88%
—Sep 2023COVR.DE vs IB26.DE
EFRN.DE
iShares EUR Floating Rate Bond ESG UCITS ETF EUR (...
0.87%
—Jun 2018COVR.DE vs EFRN.DE

Lowest Volatility Alternatives to COVR.DE

COVR.DE has 2.48% 1-year volatility. There are 19 ETFs in the European Corporate Bonds category with lower 1-year volatility, going as low as 0.54%.

SymbolNameVolatility 1YAUMInception
ECR1.DE
Amundi Euro Corporate 0-1Y ESG UCITS ETF0.54%—Mar 2021COVR.DE vs ECR1.DE
IB26.DE
iShares iBonds Dec 2026 Term EUR Corporate UCITS E...0.72%—Sep 2023COVR.DE vs IB26.DE
EFRN.DE
iShares EUR Floating Rate Bond ESG UCITS ETF EUR (...0.98%—Jun 2018COVR.DE vs EFRN.DE
ECR3.DE
Amundi Index Euro Corporate SRI 0-3 Y UCITS ETF1.06%—Sep 2019COVR.DE vs ECR3.DE
QDVL.DE
iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR...1.18%—Jan 2016COVR.DE vs QDVL.DE

Lowest Drawdown Alternatives to COVR.DE

COVR.DE has a 1-year max drawdown of -2.85%. There are 47 ETFs in the European Corporate Bonds category with shallower 1-year drawdowns, going as shallow as -0.09%.

SymbolNameMax Drawdown 1YAUMInception
ECR1.DE
Amundi Euro Corporate 0-1Y ESG UCITS ETF
-0.09%
—Mar 2021COVR.DE vs ECR1.DE
IB26.DE
iShares iBonds Dec 2026 Term EUR Corporate UCITS E...
-0.18%
—Sep 2023COVR.DE vs IB26.DE
EFRN.DE
iShares EUR Floating Rate Bond ESG UCITS ETF EUR (...
-0.31%
—Jun 2018COVR.DE vs EFRN.DE
ECR3.DE
Amundi Index Euro Corporate SRI 0-3 Y UCITS ETF
-0.88%
—Sep 2019COVR.DE vs ECR3.DE
SYBD.DE
SPDR Bloomberg 0-3 Year Corporate Bond UCITS ETF
-0.92%
—Aug 2013COVR.DE vs SYBD.DE

Other ETFs from PIMCO

The 5 most viewed PIMCO ETFs shown here include EUHA.DE, EUHI.DE, LDCE.DE and span 3 categories.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
EUHA.DE
PIMCO Euro Short-Term High Yield Corporate Bond In...European High Yield Bonds
31
1.21%
—Oct 2017COVR.DE vs EUHA.DE
EUHI.DE
PIMCO Euro Short-Term High Yield Corporate Bond In...European High Yield Bonds
36
1.24%
—Oct 2017COVR.DE vs EUHI.DE
LDCE.DE
PIMCO Euro Low Duration Corporate Bond UCITS ETF D...European Corporate Bonds
20
0.33%
—Nov 2014COVR.DE vs LDCE.DE
PJS1.DE
PIMCO Euro Short Maturity UCITS ETF EUR IncomeShort-Term Bond
96
0.82%
—Jan 2011COVR.DE vs PJS1.DE
PJSR.DE
PIMCO Euro Short Maturity UCITS ETF EUR Accumulati...Short-Term Bond
96
0.84%
—Jan 2011COVR.DE vs PJSR.DE

Often Compared With COVR.DE

Investors most often compare COVR.DE with IE3E.DE, SPPS.DE, IBCS.DE. These 5 comparison targets span 1 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
IE3E.DE
iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR...European Corporate Bonds
39
0.48%
—May 2022COVR.DE vs IE3E.DE
SPPS.DE
SPDR Bloomberg SASB 0-3 Year Euro Corporate ESG UC...European Corporate Bonds
34
0.69%
—May 2022COVR.DE vs SPPS.DE
IBCS.DE
iShares Euro Corporate Bond Large Cap UCITS ETFEuropean Corporate Bonds
17
0.64%
—Mar 2003COVR.DE vs IBCS.DE
EL49.DE
Deka iBoxx EUR Liquid Corporates Diversified UCITS...European Corporate Bonds
15
0.49%
—Feb 2010COVR.DE vs EL49.DE
4UBF.DE
UBS ETF (LU) Bloomberg MSCI Euro Area Liquid Corpo...European Corporate Bonds
18
0.73%
—Nov 2017COVR.DE vs 4UBF.DE

Compare COVR.DE with Any Fund or Stock

Compare COVR.DE with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

 

Diversifiers

Pair COVR.DE with funds that move differently

PIMCO Covered Bond UCITS ETF Dist alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to COVR.DE.

Explore COVR.DE Diversifiers