AEGE.DE vs. XGVD.DE
AEGE.DE (iShares Global Aggregate Bond ESG UCITS ETF (EUR Hedged) Acc) and XGVD.DE (Xtrackers Global Government Bond UCITS ETF EUR hedged) are both Global Bonds funds - AEGE.DE tracks the Bloomberg MSCI Global Aggregate Sustainable and Green Bond SRI (EUR Hedged) while XGVD.DE tracks the FTSE World Government Bond - Developed Markets (EUR Hedged). Both are passively managed. Over the past 3 years, AEGE.DE returned 2.11%/yr vs 0.74%/yr for XGVD.DE. Their correlation of 0.88 suggests significant overlap in exposure. AEGE.DE charges 0.10%/yr vs 0.25%/yr for XGVD.DE.
Performance
AEGE.DE vs. XGVD.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AEGE.DE achieves a -0.17% return, which is significantly higher than XGVD.DE's -0.89% return.
AEGE.DE
- 1D
- 0.20%
- 1M
- -0.55%
- YTD
- -0.17%
- 6M
- -0.28%
- 1Y
- 1.10%
- 3Y*
- 2.11%
- 5Y*
- —
- 10Y*
- —
XGVD.DE
- 1D
- 0.01%
- 1M
- -0.26%
- YTD
- -0.89%
- 6M
- -0.81%
- 1Y
- -0.08%
- 3Y*
- 0.74%
- 5Y*
- -2.52%
- 10Y*
- -0.99%
AEGE.DE vs. XGVD.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% |
XGVD.DE Xtrackers Global Government Bond UCITS ETF EUR hedged | -0.89% | 1.49% | -0.44% | 3.58% | -15.11% | -1.58% |
Correlation
The correlation between AEGE.DE and XGVD.DE is 0.81, 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 | 0.81 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since Aug 30, 2021 | 0.88 |
The correlation between AEGE.DE and XGVD.DE has been stable across timeframes, ranging from 0.81 to 0.88 - a consistent structural relationship.
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
AEGE.DE vs. XGVD.DE — Risk / Return Rank
AEGE.DE
XGVD.DE
AEGE.DE vs. XGVD.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 Xtrackers Global Government Bond UCITS ETF EUR hedged (XGVD.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 | XGVD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.35 | ||
| Sortino ratioReturn per unit of downside risk | +0.50 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 0.99 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.38 | -0.05 | +0.43 |
| Martin ratioReturn relative to average drawdown | 1.07 | -0.14 | +1.21 |
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
| AEGE.DE | XGVD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.30 | -0.05 | +0.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.50 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.23 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.38 | 0.11 | -0.48 |
Drawdowns
AEGE.DE vs. XGVD.DE - Drawdown Comparison
The maximum AEGE.DE drawdown since its inception was -17.22%, smaller than the maximum XGVD.DE drawdown of -21.37%. Use the drawdown chart below to compare losses from any high point for AEGE.DE and XGVD.DE.
Loading charts...
Drawdown Indicators
| AEGE.DE | XGVD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.22% | -21.37% | +4.15% |
Max Drawdown (1Y)Largest decline over 1 year | -2.76% | -3.53% | +0.77% |
Max Drawdown (3Y)Largest decline over 3 years | -3.98% | -4.77% | +0.79% |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.44% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -21.37% | — |
Current DrawdownCurrent decline from peak | -8.37% | -15.92% | +7.55% |
Average DrawdownAverage peak-to-trough decline | -10.26% | -6.52% | -3.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.99% | 1.30% | -0.31% |
Volatility
AEGE.DE vs. XGVD.DE - Volatility Comparison
iShares Global Aggregate Bond ESG UCITS ETF (EUR Hedged) Acc (AEGE.DE) has a higher volatility of 1.77% compared to Xtrackers Global Government Bond UCITS ETF EUR hedged (XGVD.DE) at 1.38%. This indicates that AEGE.DE's price experiences larger fluctuations and is considered to be riskier than XGVD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AEGE.DE | XGVD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.77% | 1.38% | +0.39% |
Volatility (6M)Calculated over the trailing 6-month period | 3.00% | 2.83% | +0.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.52% | 3.47% | +0.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.78% | 4.98% | -0.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.78% | 4.31% | +0.47% |
AEGE.DE vs. XGVD.DE - Expense Ratio Comparison
AEGE.DE has a 0.10% expense ratio, which is lower than XGVD.DE's 0.25% expense ratio. Despite the difference, 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. XGVD.DE - Dividend Comparison
AEGE.DE has not paid dividends to shareholders, while XGVD.DE's dividend yield for the trailing twelve months is around 2.73%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AEGE.DE iShares Global Aggregate Bond ESG UCITS ETF (EUR Hedged) Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XGVD.DE Xtrackers Global Government Bond UCITS ETF EUR hedged | 2.73% | 2.55% | 2.71% | 1.79% | 2.86% | 1.60% | 1.01% | 0.89% | 0.65% | 0.00% | 0.93% | 0.70% |
Frequently Asked Questions
AEGE.DE and XGVD.DE have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AEGE.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AEGE.DE is cheaper with a 0.10% expense ratio, compared with 0.25% for XGVD.DE.
AEGE.DE tracks Bloomberg MSCI Global Aggregate Sustainable and Green Bond SRI (EUR Hedged), while XGVD.DE tracks FTSE World Government Bond - Developed Markets (EUR Hedged). They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.10% for AEGE.DE and 0.25% for XGVD.DE.
Find the right allocation for AEGE.DE and XGVD.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