10AM.DE vs. SYBZ.DE
10AM.DE (AMUNDI GLOBAL AGGREGATE BOND UCITS ETF Dist) and SYBZ.DE (SPDR Bloomberg Global Aggregate Bond UCITS ETF) are both Global Bonds funds tracking the Bloomberg Global Aggregate Bond, from Amundi and State Street respectively. Both are passively managed. Over the past 5 years, 10AM.DE returned -0.92%/yr vs -1.06%/yr for SYBZ.DE. A 0.77 correlation means they provide meaningful diversification when combined. Both charge a 0.10% expense ratio.
Performance
10AM.DE vs. SYBZ.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, 10AM.DE achieves a 1.19% return, which is significantly higher than SYBZ.DE's 0.96% return.
10AM.DE
- 1D
- 0.00%
- 1M
- 0.76%
- YTD
- 1.19%
- 6M
- 0.72%
- 1Y
- 0.51%
- 3Y*
- 0.46%
- 5Y*
- -0.92%
- 10Y*
- —
SYBZ.DE
- 1D
- -0.01%
- 1M
- 0.72%
- YTD
- 0.96%
- 6M
- 0.52%
- 1Y
- 0.08%
- 3Y*
- 0.32%
- 5Y*
- -1.06%
- 10Y*
- —
10AM.DE vs. SYBZ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
10AM.DE AMUNDI GLOBAL AGGREGATE BOND UCITS ETF Dist | 1.19% | -4.14% | 4.16% | 1.34% | -10.85% | 2.97% | -0.22% | 9.08% | 6.22% |
SYBZ.DE SPDR Bloomberg Global Aggregate Bond UCITS ETF | 0.96% | -4.27% | 3.98% | 1.41% | -11.02% | 2.85% | -0.73% | 8.89% | 6.28% |
Correlation
The correlation between 10AM.DE and SYBZ.DE is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.92 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Feb 6, 2018 | 0.77 |
The correlation between 10AM.DE and SYBZ.DE shifts across timeframes, from 0.77 (all time) to 0.92 (1 year), 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
10AM.DE vs. SYBZ.DE — Risk / Return Rank
10AM.DE
SYBZ.DE
10AM.DE vs. SYBZ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AMUNDI GLOBAL AGGREGATE BOND UCITS ETF Dist (10AM.DE) and SPDR Bloomberg Global Aggregate Bond UCITS ETF (SYBZ.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.
| 10AM.DE | SYBZ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.12 | ||
| Sortino ratioReturn per unit of downside risk | +0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.01 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.22 | 0.04 | +0.18 |
| Martin ratioReturn relative to average drawdown | 0.47 | 0.07 | +0.40 |
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
| 10AM.DE | SYBZ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.14 | 0.02 | +0.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.16 | -0.17 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | 0.15 | +0.01 |
Drawdowns
10AM.DE vs. SYBZ.DE - Drawdown Comparison
The maximum 10AM.DE drawdown since its inception was -15.83%, roughly equal to the maximum SYBZ.DE drawdown of -16.33%. Use the drawdown chart below to compare losses from any high point for 10AM.DE and SYBZ.DE.
Loading charts...
Drawdown Indicators
| 10AM.DE | SYBZ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.83% | -16.33% | +0.50% |
Max Drawdown (1Y)Largest decline over 1 year | -2.34% | -2.33% | -0.01% |
Max Drawdown (3Y)Largest decline over 3 years | -7.63% | -7.58% | -0.05% |
Max Drawdown (5Y)Largest decline over 5 years | -14.80% | -15.01% | +0.21% |
Current DrawdownCurrent decline from peak | -11.01% | -11.83% | +0.82% |
Average DrawdownAverage peak-to-trough decline | -6.76% | -7.57% | +0.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.08% | 1.27% | -0.19% |
Volatility
10AM.DE vs. SYBZ.DE - Volatility Comparison
The current volatility for AMUNDI GLOBAL AGGREGATE BOND UCITS ETF Dist (10AM.DE) is 0.87%, while SPDR Bloomberg Global Aggregate Bond UCITS ETF (SYBZ.DE) has a volatility of 0.99%. This indicates that 10AM.DE experiences smaller price fluctuations and is considered to be less risky than SYBZ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| 10AM.DE | SYBZ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.87% | 0.99% | -0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 2.46% | 2.53% | -0.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.62% | 3.62% | 0.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.84% | 6.40% | -0.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.37% | 6.21% | -0.84% |
10AM.DE vs. SYBZ.DE - Expense Ratio Comparison
Both 10AM.DE and SYBZ.DE have an expense ratio of 0.10%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
10AM.DE vs. SYBZ.DE - Dividend Comparison
10AM.DE's dividend yield for the trailing twelve months is around 2.98%, more than SYBZ.DE's 2.68% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
10AM.DE AMUNDI GLOBAL AGGREGATE BOND UCITS ETF Dist | 2.98% | 3.02% | 2.83% | 2.63% | 2.09% | 1.72% | 1.87% | 2.05% | 2.27% |
SYBZ.DE SPDR Bloomberg Global Aggregate Bond UCITS ETF | 2.68% | 2.96% | 2.51% | 1.86% | 1.38% | 0.98% | 1.40% | 1.41% | 0.70% |
Frequently Asked Questions
With a correlation of 0.92, 10AM.DE and SYBZ.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
Both ETFs have the same 0.10% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
10AM.DE and SYBZ.DE have the same expense ratio: 0.10% per year.
Both ETFs track Bloomberg Global Aggregate Bond. They also come from different issuers: Amundi and State Street.
Find the right allocation for 10AM.DE and SYBZ.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