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iShares Global AAA-AA Government Bond UCITS ETF (Dist) (IS0Z.DE) Alternatives

ETF · Currency in EUR · Last updated Jul 18, 2026

The ETF aims to mirror the performance of the Barclays Global Government AAA-AA Capped Bond Index, focusing on delivering a total return through capital and income gains for investors.

iShares Global AAA-AA Government Bond UCITS ETF (Dist) (IS0Z.DE) belongs to the Global Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with IS0Z.DE. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to IS0Z.DE

IS0Z.DE charges 0.20% annually. There are 20 ETFs in the Global Bonds category with lower expense ratios, going as low as 0.05%.

SymbolNameExpense RatioAUMInception
PRAG.DE
Amundi Prime Global Govies UCITS ETF0.05%—Jan 2020IS0Z.DE vs PRAG.DE
SPFU.DE
State Street SPDR Bloomberg Global Aggregate Bond ...0.10%—Feb 2018IS0Z.DE vs SPFU.DE
EUNA.DE
iShares Core Global Aggregate Bond UCITS ETF Hedge...0.10%—Nov 2017IS0Z.DE vs EUNA.DE
SYBZ.DE
SPDR Bloomberg Global Aggregate Bond UCITS ETF0.10%—Jan 2018IS0Z.DE vs SYBZ.DE
SPFB.DE
SPDR Bloomberg Global Aggregate Bond UCITS ETF GBP...0.10%—Feb 2018IS0Z.DE vs SPFB.DE

Best Risk-Adjusted Alternatives to IS0Z.DE

IS0Z.DE has a PortfoliosLab risk / return rank of 20. There are 9 ETFs in the Global Bonds category with higher risk-adjusted ranks, going as high as 34.

SymbolNameRisk / Return RankAUMInception
SPFU.DE
State Street SPDR Bloomberg Global Aggregate Bond ...
34
—Feb 2018IS0Z.DE vs SPFU.DE
SPFV.DE
SPDR Bloomberg Global Aggregate Bond UCITS ETF USD...
33
—Oct 2019IS0Z.DE vs SPFV.DE
SPFB.DE
SPDR Bloomberg Global Aggregate Bond UCITS ETF GBP...
32
—Feb 2018IS0Z.DE vs SPFB.DE
HGGA.DE
HSBC Bloomberg Global Sustainable Aggregate 1-3 Ye...
29
—Dec 2021IS0Z.DE vs HGGA.DE
SYBZ.DE
SPDR Bloomberg Global Aggregate Bond UCITS ETF
27
—Jan 2018IS0Z.DE vs SYBZ.DE

Top Performing IS0Z.DE Alternatives (YTD)

IS0Z.DE is at 1.47% YTD. There are 4 ETFs in the Global Bonds category with higher YTD returns, going as high as 2.47%.

SymbolNameYTD ReturnAUMInception
HGGA.DE
HSBC Bloomberg Global Sustainable Aggregate 1-3 Ye...
2.47%
—Dec 2021IS0Z.DE vs HGGA.DE
SYBZ.DE
SPDR Bloomberg Global Aggregate Bond UCITS ETF
2.10%
—Jan 2018IS0Z.DE vs SYBZ.DE
10AM.DE
AMUNDI GLOBAL AGGREGATE BOND UCITS ETF Dist
2.04%
—Dec 2017IS0Z.DE vs 10AM.DE
AHYF.DE
Amundi Global Aggregate SRI 1-5 UCITS ETF USD
1.89%
—Jun 2022IS0Z.DE vs AHYF.DE
XBAG.DE
Xtrackers II ESG Global Aggregate Bond UCITS ETF 1...
1.20%
—Mar 2014IS0Z.DE vs XBAG.DE

Lowest Volatility Alternatives to IS0Z.DE

IS0Z.DE has 4.00% 1-year volatility. There are 21 ETFs in the Global Bonds category with lower 1-year volatility, going as low as 2.30%.

SymbolNameVolatility 1YAUMInception
AHYH.DE
Amundi Global Aggregate SRI 1-5 UCITS ETF Hedged E...2.30%—Sep 2022IS0Z.DE vs AHYH.DE
SPFV.DE
SPDR Bloomberg Global Aggregate Bond UCITS ETF USD...2.99%—Oct 2019IS0Z.DE vs SPFV.DE
SPFU.DE
State Street SPDR Bloomberg Global Aggregate Bond ...3.08%—Feb 2018IS0Z.DE vs SPFU.DE
SPFB.DE
SPDR Bloomberg Global Aggregate Bond UCITS ETF GBP...3.11%—Feb 2018IS0Z.DE vs SPFB.DE
AHYF.DE
Amundi Global Aggregate SRI 1-5 UCITS ETF USD3.16%—Jun 2022IS0Z.DE vs AHYF.DE

Lowest Drawdown Alternatives to IS0Z.DE

IS0Z.DE has a 1-year max drawdown of -2.50%. There are 10 ETFs in the Global Bonds category with shallower 1-year drawdowns, going as shallow as -1.59%.

SymbolNameMax Drawdown 1YAUMInception
AHYH.DE
Amundi Global Aggregate SRI 1-5 UCITS ETF Hedged E...
-1.59%
—Sep 2022IS0Z.DE vs AHYH.DE
AHYF.DE
Amundi Global Aggregate SRI 1-5 UCITS ETF USD
-1.78%
—Jun 2022IS0Z.DE vs AHYF.DE
HGGA.DE
HSBC Bloomberg Global Sustainable Aggregate 1-3 Ye...
-1.86%
—Dec 2021IS0Z.DE vs HGGA.DE
SPFU.DE
State Street SPDR Bloomberg Global Aggregate Bond ...
-2.24%
—Feb 2018IS0Z.DE vs SPFU.DE
SPFB.DE
SPDR Bloomberg Global Aggregate Bond UCITS ETF GBP...
-2.32%
—Feb 2018IS0Z.DE vs SPFB.DE

Other ETFs from iShares

The 10 most viewed iShares ETFs shown here include SXR8.DE, QDVE.DE, SXRV.DE and span 7 categories.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
SXR8.DE
iShares Core S&P 500 UCITS ETF USD (Acc)S&P 500
73
11.80%
—May 2010IS0Z.DE vs SXR8.DE
QDVE.DE
iShares S&P 500 Information Technology Sector UCIT...Technology Equities, S&P 500
43
17.05%
—Nov 2015IS0Z.DE vs QDVE.DE
SXRV.DE
iShares NASDAQ 100 UCITS ETF USD (Acc)Nasdaq-100
57
15.23%
—Jan 2010IS0Z.DE vs SXRV.DE
EUNL.DE
iShares Core MSCI World UCITS ETF USD (Acc)Global Equities
79
11.72%
—Sep 2009IS0Z.DE vs EUNL.DE
SEC0.DE
iShares MSCI Global Semiconductors UCITS ETF USD (...Semiconductors, Technology Equities
95
84.13%
—Aug 2021IS0Z.DE vs SEC0.DE
IUSQ.DE
iShares MSCI ACWI UCITS ETF (Acc)Global Equities
80
12.59%
—Oct 2011IS0Z.DE vs IUSQ.DE
NQSE.DE
iShares NASDAQ 100 UCITS ETFNasdaq-100
42
10.53%
—Jan 2010IS0Z.DE vs NQSE.DE
IS3N.DE
iShares Core MSCI Emerging Markets IMI UCITS ETF (...Emerging Markets Equities
62
18.17%
—May 2014IS0Z.DE vs IS3N.DE
ISPA.DE
iShares STOXX Global Select Dividend 100 UCITS ETF...Global Equities, Dividend
97
18.46%
—Sep 2009IS0Z.DE vs ISPA.DE
IS3Q.DE
iShares Edge MSCI World Quality Factor UCITS ETF (...Global Equities
82
12.63%
—Oct 2014IS0Z.DE vs IS3Q.DE

Often Compared With IS0Z.DE

Investors most often compare IS0Z.DE with DBZB.DE, SHY, DODGX. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
DBZB.DE
Xtrackers II Global Government Bond UCITS ETF EUR ...Global Bonds
9
-0.98%
—Oct 2008IS0Z.DE vs DBZB.DE
SHY
iShares 1-3 Year Treasury Bond ETFGovernment Bonds, Short-Term Bond
87
0.75%
25.67BJul 2002IS0Z.DE vs SHY
DODGX
Dodge & Cox Stock Fund Class ILarge Cap Value Equities
34
8.35%
—Jan 1965IS0Z.DE vs DODGX
AGGU.L
iShares Core Global Aggregate Bond UCITS ETFGlobal Bonds
32
0.52%
4.03BNov 2017IS0Z.DE vs AGGU.L
GLD
SPDR Gold SharesGold, Precious Metals
23
-7.04%
132.10BNov 2004IS0Z.DE vs GLD
HYG
iShares iBoxx $ High Yield Corporate Bond ETFHigh Yield Bonds
58
1.75%
16.73BApr 2007IS0Z.DE vs HYG
10AK.DE
Amundi Index J.P. Morgan GBI Global Govies UCITS E...Global Bonds
13
1.03%
—Feb 2018IS0Z.DE vs 10AK.DE
SPFE.DE
SPDR Bloomberg Global Aggregate Bond UCITS ETF EUR...Global Bonds
14
-0.35%
—Feb 2018IS0Z.DE vs SPFE.DE
XGVC.DE
Xtrackers II ESG Global Government Bond UCITS ETFGlobal Bonds
14
0.86%
—Jun 2022IS0Z.DE vs XGVC.DE
EUN3.DE
iShares Global Government Bond UCITS ETF USD (Dist...Global Bonds
8
-0.80%
—Mar 2009IS0Z.DE vs EUN3.DE
VAGE.DE
Vanguard Global Aggregate Bond UCITS ETF (EUR Hedg...Global Bonds
13
-0.84%
—Jun 2019IS0Z.DE vs VAGE.DE
VAGF.DE
Vanguard Global Aggregate Bond UCITS ETF EUR Hedge...Global Bonds
12
-0.71%
—Jun 2019IS0Z.DE vs VAGF.DE
XG7S.DE
Xtrackers Global Government Bond UCITS ETF 5CGlobal Bonds
14
0.91%
—Aug 2013IS0Z.DE vs XG7S.DE
XZWG.DE
Xtrackers II ESG Global Government Bond UCITS ETFGlobal Bonds
14
0.83%
—Dec 2021IS0Z.DE vs XZWG.DE
AEGE.DE
iShares Global Aggregate Bond ESG UCITS ETF (EUR H...Global Bonds
13
-0.53%
—Aug 2021IS0Z.DE vs AEGE.DE
AHYA.DE
Amundi Index J.P. Morgan GBI Global Govies UCITS E...Global Bonds
19
-0.21%
—Jun 2022IS0Z.DE vs AHYA.DE
EUNU.DE
iShares Core Global Aggregate Bond UCITS ETF USD (...Global Bonds
14
0.58%
—Nov 2017IS0Z.DE vs EUNU.DE
8OUU.DE
Amundi Global Aggregate SRI UCITS ETFGlobal Bonds
15
0.94%
—Mar 2022IS0Z.DE vs 8OUU.DE
AHYB.DE
Amundi Global Aggregate SRI UCITS ETF Hedged USDGlobal Bonds
21
-0.09%
—Jun 2022IS0Z.DE vs AHYB.DE
AHYD.DE
Amundi Global Aggregate SRI UCITS ETF Hedged EURGlobal Bonds
11
-0.85%
—Jun 2022IS0Z.DE vs AHYD.DE

Compare IS0Z.DE with Any Fund or Stock

Compare IS0Z.DE with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

 

Diversifiers

Pair IS0Z.DE with funds that move differently

iShares Global AAA-AA Government Bond UCITS ETF (Dist) alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to IS0Z.DE.

Explore IS0Z.DE Diversifiers