10AK.DE vs. IS0Z.DE
10AK.DE (Amundi Index J.P. Morgan GBI Global Govies UCITS ETF EUR Dist) and IS0Z.DE (iShares Global AAA-AA Government Bond UCITS ETF (Dist)) are both Global Bonds funds - 10AK.DE tracks the JP Morgan Government Bond Global while IS0Z.DE tracks the Bloomberg Global Government AAA-AA Capped Bond. Both are passively managed. Over the past 5 years, 10AK.DE returned -2.43%/yr vs -2.11%/yr for IS0Z.DE. A 0.76 correlation means they provide meaningful diversification when combined. Both charge a 0.20% expense ratio.
Performance
10AK.DE vs. IS0Z.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, 10AK.DE achieves a 0.09% return, which is significantly lower than IS0Z.DE's 1.29% return.
10AK.DE
- 1D
- 0.01%
- 1M
- 0.11%
- YTD
- 0.09%
- 6M
- -0.56%
- 1Y
- -1.76%
- 3Y*
- -1.30%
- 5Y*
- -2.43%
- 10Y*
- —
IS0Z.DE
- 1D
- 0.06%
- 1M
- 0.21%
- YTD
- 1.29%
- 6M
- 1.26%
- 1Y
- 0.54%
- 3Y*
- 1.18%
- 5Y*
- -2.11%
- 10Y*
- -0.58%
10AK.DE vs. IS0Z.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
10AK.DE Amundi Index J.P. Morgan GBI Global Govies UCITS ETF EUR Dist | 0.09% | -5.55% | 2.06% | 0.12% | -12.21% | 1.15% | -0.06% | 8.09% | 5.41% |
IS0Z.DE iShares Global AAA-AA Government Bond UCITS ETF (Dist) | 1.29% | -1.88% | 0.75% | 4.39% | -16.12% | -0.07% | 2.03% | 7.04% | 2.72% |
Correlation
The correlation between 10AK.DE and IS0Z.DE is 0.71, 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 | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.80 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Jan 19, 2018 | 0.76 |
The correlation between 10AK.DE and IS0Z.DE shifts across timeframes, from 0.71 (1 year) to 0.82 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
10AK.DE vs. IS0Z.DE — Risk / Return Rank
10AK.DE
IS0Z.DE
10AK.DE vs. IS0Z.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Index J.P. Morgan GBI Global Govies UCITS ETF EUR Dist (10AK.DE) and iShares Global AAA-AA Government Bond UCITS ETF (Dist) (IS0Z.DE). 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.
| 10AK.DE | IS0Z.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.58 | ||
| Sortino ratioReturn per unit of downside risk | -0.79 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.01 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | -0.67 | 0.09 | -0.76 |
| Martin ratioReturn relative to average drawdown | -1.23 | 0.19 | -1.43 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| 10AK.DE | IS0Z.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.52 | 0.06 | -0.58 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.37 | -0.34 | -0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.10 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.05 | 0.05 | -0.10 |
Drawdowns
10AK.DE vs. IS0Z.DE - Drawdown Comparison
The maximum 10AK.DE drawdown since its inception was -20.98%, roughly equal to the maximum IS0Z.DE drawdown of -21.02%. Use the drawdown chart below to compare losses from any high point for 10AK.DE and IS0Z.DE.
Loading charts...
Drawdown Indicators
| 10AK.DE | IS0Z.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.98% | -21.02% | +0.04% |
Max Drawdown (1Y)Largest decline over 1 year | -3.11% | -2.50% | -0.61% |
Max Drawdown (3Y)Largest decline over 3 years | -8.61% | -5.11% | -3.50% |
Max Drawdown (5Y)Largest decline over 5 years | -17.53% | -19.65% | +2.12% |
Max Drawdown (10Y)Largest decline over 10 years | — | -21.02% | — |
Current DrawdownCurrent decline from peak | -20.12% | -15.06% | -5.06% |
Average DrawdownAverage peak-to-trough decline | -10.25% | -7.48% | -2.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.69% | 1.21% | +0.48% |
Volatility
10AK.DE vs. IS0Z.DE - Volatility Comparison
The current volatility for Amundi Index J.P. Morgan GBI Global Govies UCITS ETF EUR Dist (10AK.DE) is 1.04%, while iShares Global AAA-AA Government Bond UCITS ETF (Dist) (IS0Z.DE) has a volatility of 1.69%. This indicates that 10AK.DE experiences smaller price fluctuations and is considered to be less risky than IS0Z.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| 10AK.DE | IS0Z.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.04% | 1.69% | -0.65% |
Volatility (6M)Calculated over the trailing 6-month period | 2.98% | 3.07% | -0.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.00% | 3.82% | +0.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.49% | 6.19% | +0.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.17% | 5.66% | +0.51% |
10AK.DE vs. IS0Z.DE - Expense Ratio Comparison
Both 10AK.DE and IS0Z.DE have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
10AK.DE vs. IS0Z.DE - Dividend Comparison
10AK.DE's dividend yield for the trailing twelve months is around 2.62%, less than IS0Z.DE's 2.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
10AK.DE Amundi Index J.P. Morgan GBI Global Govies UCITS ETF EUR Dist | 2.62% | 2.63% | 2.07% | 1.79% | 1.61% | 1.39% | 1.68% | 1.82% | 0.58% | 0.00% | 0.00% | 0.00% |
IS0Z.DE iShares Global AAA-AA Government Bond UCITS ETF (Dist) | 2.67% | 2.51% | 2.30% | 1.57% | 0.80% | 0.47% | 0.62% | 0.88% | 0.90% | 0.82% | 0.84% | 1.06% |
Frequently Asked Questions
10AK.DE and IS0Z.DE have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.20% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
10AK.DE and IS0Z.DE have the same expense ratio: 0.20% per year.
10AK.DE tracks JP Morgan Government Bond Global, while IS0Z.DE tracks Bloomberg Global Government AAA-AA Capped Bond. They also come from different issuers: Amundi and iShares.
Find the right allocation for 10AK.DE and IS0Z.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer