AGGU.L vs. EURUSD=X
AGGU.L (iShares Core Global Aggregate Bond UCITS ETF) is Global Bonds fund tracking the Bloomberg Global Aggregate Bond Index, while EURUSD=X (EUR/USD) is a currency. Over the past 5 years, AGGU.L returned 0.48%/yr vs -1.08%/yr for EURUSD=X. At a 0.09 correlation, their price movements are largely independent.
Performance
AGGU.L vs. EURUSD=X - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AGGU.L achieves a 0.17% return, which is significantly higher than EURUSD=X's -1.82% return.
AGGU.L
- 1D
- 0.00%
- 1M
- -0.17%
- YTD
- 0.17%
- 6M
- 0.69%
- 1Y
- 3.37%
- 3Y*
- 4.16%
- 5Y*
- 0.48%
- 10Y*
- —
EURUSD=X
- 1D
- 0.01%
- 1M
- -2.15%
- YTD
- -1.82%
- 6M
- -0.90%
- 1Y
- 1.09%
- 3Y*
- 2.37%
- 5Y*
- -1.08%
- 10Y*
- 0.25%
AGGU.L vs. EURUSD=X - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AGGU.L iShares Core Global Aggregate Bond UCITS ETF | 0.17% | 4.68% | 3.54% | 6.65% | -11.53% | -1.81% | 5.15% | 8.16% | 1.56% | 0.24% |
EURUSD=X EUR/USD | -1.82% | 13.43% | -6.18% | 3.16% | -6.01% | -6.81% | 8.85% | -1.94% | -4.66% | 2.28% |
Correlation
The correlation between AGGU.L and EURUSD=X is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Nov 22, 2017 | 0.09 |
The correlation between AGGU.L and EURUSD=X shifts across timeframes, from 0.09 (all time) to 0.25 (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
AGGU.L vs. EURUSD=X — Risk / Return Rank
AGGU.L
EURUSD=X
AGGU.L vs. EURUSD=X - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core Global Aggregate Bond UCITS ETF (AGGU.L) and EUR/USD (EURUSD=X). 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.
| AGGU.L | EURUSD=X | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.88 | ||
| Sortino ratioReturn per unit of downside risk | +1.26 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.03 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.52 | 0.17 | +1.35 |
| Martin ratioReturn relative to average drawdown | 4.68 | 0.39 | +4.29 |
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
| AGGU.L | EURUSD=X | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.03 | 0.15 | +0.88 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.10 | -0.14 | +0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.03 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | -0.09 | +0.49 |
Drawdowns
AGGU.L vs. EURUSD=X - Drawdown Comparison
The maximum AGGU.L drawdown since its inception was -15.55%, smaller than the maximum EURUSD=X drawdown of -40.01%. Use the drawdown chart below to compare losses from any high point for AGGU.L and EURUSD=X.
Loading charts...
Drawdown Indicators
| AGGU.L | EURUSD=X | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.55% | -40.01% | +24.46% |
Max Drawdown (1Y)Largest decline over 1 year | -2.21% | -5.19% | +2.98% |
Max Drawdown (3Y)Largest decline over 3 years | -3.47% | -8.83% | +5.36% |
Max Drawdown (5Y)Largest decline over 5 years | -15.20% | -21.16% | +5.96% |
Max Drawdown (10Y)Largest decline over 10 years | — | -23.31% | — |
Current DrawdownCurrent decline from peak | -1.19% | -27.89% | +26.70% |
Average DrawdownAverage peak-to-trough decline | -3.89% | -23.43% | +19.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.72% | 2.44% | -1.72% |
Volatility
AGGU.L vs. EURUSD=X - Volatility Comparison
iShares Core Global Aggregate Bond UCITS ETF (AGGU.L) has a higher volatility of 1.26% compared to EUR/USD (EURUSD=X) at 1.15%. This indicates that AGGU.L's price experiences larger fluctuations and is considered to be riskier than EURUSD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AGGU.L | EURUSD=X | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.26% | 1.15% | +0.11% |
Volatility (6M)Calculated over the trailing 6-month period | 2.73% | 4.50% | -1.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.27% | 5.90% | -2.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.85% | 7.42% | -2.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.48% | 7.16% | -2.68% |
Frequently Asked Questions
AGGU.L and EURUSD=X have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for AGGU.L and EURUSD=X
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