AEGE.DE vs. VGEA.DE
AEGE.DE (iShares Global Aggregate Bond ESG UCITS ETF (EUR Hedged) Acc) and VGEA.DE (Vanguard EUR Eurozone Government Bond UCITS ETF Accumulating) are both exchange-traded funds - AEGE.DE is a Global Bonds fund tracking the Bloomberg MSCI Global Aggregate Sustainable and Green Bond SRI (EUR Hedged), while VGEA.DE is a European Government Bonds fund tracking the Bloomberg Euro Aggregate Treasury. Both are passively managed. Over the past 3 years, AEGE.DE returned 2.11%/yr vs 2.38%/yr for VGEA.DE. A 0.78 correlation means they provide meaningful diversification when combined. AEGE.DE charges 0.10%/yr vs 0.07%/yr for VGEA.DE.
Performance
AEGE.DE vs. VGEA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, AEGE.DE achieves a -0.17% return, which is significantly lower than VGEA.DE's 0.11% return.
AEGE.DE
- 1D
- 0.20%
- 1M
- -0.55%
- YTD
- -0.17%
- 6M
- -0.28%
- 1Y
- 1.10%
- 3Y*
- 2.11%
- 5Y*
- —
- 10Y*
- —
VGEA.DE
- 1D
- 0.06%
- 1M
- -0.02%
- YTD
- 0.11%
- 6M
- 0.18%
- 1Y
- 0.33%
- 3Y*
- 2.38%
- 5Y*
- -2.24%
- 10Y*
- —
AEGE.DE vs. VGEA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
AEGE.DE iShares Global Aggregate Bond ESG UCITS ETF (EUR Hedged) Acc | -0.17% | 2.29% | 1.46% | 4.27% | -13.83% | -1.57% |
VGEA.DE Vanguard EUR Eurozone Government Bond UCITS ETF Accumulating | 0.11% | 0.67% | 1.54% | 6.93% | -18.30% | -1.85% |
Correlation
The correlation between AEGE.DE and VGEA.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 | 0.74 |
Correlation (All Time) Calculated using the full available price history since Aug 30, 2021 | 0.78 |
The correlation between AEGE.DE and VGEA.DE has been stable across timeframes, ranging from 0.71 to 0.78 - a consistent structural relationship.
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Return for Risk
AEGE.DE vs. VGEA.DE — Risk / Return Rank
AEGE.DE
VGEA.DE
AEGE.DE vs. VGEA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Aggregate Bond ESG UCITS ETF (EUR Hedged) Acc (AEGE.DE) and Vanguard EUR Eurozone Government Bond UCITS ETF Accumulating (VGEA.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.
| AEGE.DE | VGEA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.31 | ||
| Sortino ratioReturn per unit of downside risk | +0.44 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.00 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.38 | -0.01 | +0.40 |
| Martin ratioReturn relative to average drawdown | 1.07 | -0.04 | +1.11 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AEGE.DE | VGEA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.30 | -0.01 | +0.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.35 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.38 | -0.10 | -0.28 |
Drawdowns
AEGE.DE vs. VGEA.DE - Drawdown Comparison
The maximum AEGE.DE drawdown since its inception was -17.22%, smaller than the maximum VGEA.DE drawdown of -22.34%. Use the drawdown chart below to compare losses from any high point for AEGE.DE and VGEA.DE.
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Drawdown Indicators
| AEGE.DE | VGEA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.22% | -22.34% | +5.12% |
Max Drawdown (1Y)Largest decline over 1 year | -2.76% | -3.44% | +0.68% |
Max Drawdown (3Y)Largest decline over 3 years | -3.98% | -4.00% | +0.02% |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.47% | — |
Current DrawdownCurrent decline from peak | -8.37% | -13.91% | +5.54% |
Average DrawdownAverage peak-to-trough decline | -10.26% | -10.30% | +0.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.99% | 1.33% | -0.34% |
Volatility
AEGE.DE vs. VGEA.DE - Volatility Comparison
iShares Global Aggregate Bond ESG UCITS ETF (EUR Hedged) Acc (AEGE.DE) has a higher volatility of 1.77% compared to Vanguard EUR Eurozone Government Bond UCITS ETF Accumulating (VGEA.DE) at 1.67%. This indicates that AEGE.DE's price experiences larger fluctuations and is considered to be riskier than VGEA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AEGE.DE | VGEA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.77% | 1.67% | +0.10% |
Volatility (6M)Calculated over the trailing 6-month period | 3.00% | 3.62% | -0.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.52% | 4.33% | -0.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.78% | 6.39% | -1.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.78% | 5.86% | -1.08% |
AEGE.DE vs. VGEA.DE - Expense Ratio Comparison
AEGE.DE has a 0.10% expense ratio, which is higher than VGEA.DE's 0.07% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
AEGE.DE vs. VGEA.DE - Dividend Comparison
Neither AEGE.DE nor VGEA.DE has paid dividends to shareholders.
Frequently Asked Questions
AEGE.DE and VGEA.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.
On fees, VGEA.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VGEA.DE is cheaper with a 0.07% expense ratio, compared with 0.10% for AEGE.DE.
AEGE.DE is categorized as Global Bonds, while VGEA.DE is European Government Bonds. AEGE.DE tracks Bloomberg MSCI Global Aggregate Sustainable and Green Bond SRI (EUR Hedged), while VGEA.DE tracks Bloomberg Euro Aggregate Treasury. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.10% for AEGE.DE and 0.07% for VGEA.DE.
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