AGHG.L vs. 0GGH.L
AGHG.L (Amundi Index Global Aggregate 500M UCITS ETF DR - Hedged GBP (D)) and 0GGH.L (iShares Core Global Aggregate Bond UCITS ETF EUR Hedged (Acc)) are both Global Bonds funds - AGHG.L tracks the Bloomberg Global Aggregate TR Hdg GBP while 0GGH.L tracks the Bloomberg Global Aggregate Bond Index. Both are passively managed. Over the past 5 years, AGHG.L returned -0.08%/yr vs -1.70%/yr for 0GGH.L. At a 0.49 correlation, their price movements are largely independent. AGHG.L charges 0.08%/yr vs 0.10%/yr for 0GGH.L.
Performance
AGHG.L vs. 0GGH.L - Performance Comparison
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Different Trading Currencies
AGHG.L is traded in GBp, while 0GGH.L is traded in EUR. To make them comparable, the 0GGH.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, AGHG.L achieves a 0.57% return, which is significantly higher than 0GGH.L's -2.88% return.
AGHG.L
- 1D
- 0.12%
- 1M
- -0.42%
- 6M
- 0.45%
- YTD
- 0.57%
- 1Y
- 2.98%
- 3Y*
- 3.52%
- 5Y*
- -0.08%
- 10Y*
- —
0GGH.L
- 1D
- 0.12%
- 1M
- -2.37%
- 6M
- -2.55%
- YTD
- -2.88%
- 1Y
- -0.63%
- 3Y*
- 1.69%
- 5Y*
- -1.70%
- 10Y*
- —
AGHG.L vs. 0GGH.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
AGHG.L Amundi Index Global Aggregate 500M UCITS ETF DR - Hedged GBP (D) | 0.57% | 4.32% | 2.99% | 5.41% | -11.93% | -0.37% |
0GGH.L iShares Core Global Aggregate Bond UCITS ETF EUR Hedged (Acc) | -2.88% | 7.99% | -3.15% | 2.27% | -8.58% | -2.90% |
Correlation
The correlation between AGHG.L and 0GGH.L is 0.55, 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 | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2021 | 0.49 |
The correlation between AGHG.L and 0GGH.L has been stable across timeframes, ranging from 0.49 to 0.55 - a consistent structural relationship.
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Return for Risk
AGHG.L vs. 0GGH.L — Risk / Return Rank
AGHG.L
0GGH.L
AGHG.L vs. 0GGH.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Index Global Aggregate 500M UCITS ETF DR - Hedged GBP (D) (AGHG.L) and iShares Core Global Aggregate Bond UCITS ETF EUR Hedged (Acc) (0GGH.L). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AGHG.L | 0GGH.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.17 | ||
| Sortino ratioReturn per unit of downside risk | +1.69 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 0.98 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 1.33 | -0.12 | +1.45 |
| Martin ratioReturn relative to average drawdown | 3.56 | -0.30 | +3.87 |
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Drawdowns
AGHG.L vs. 0GGH.L - Drawdown Comparison
The maximum AGHG.L drawdown since its inception was -15.71%, smaller than the maximum 0GGH.L drawdown of -22.95%. Use the drawdown chart below to compare losses from any high point for AGHG.L and 0GGH.L.
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Drawdown Indicators
| AGHG.L | 0GGH.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.71% | -22.95% | +7.24% |
Max Drawdown (1Y)Largest decline over 1 year | -2.24% | -5.11% | +2.87% |
Max Drawdown (3Y)Largest decline over 3 years | -4.02% | -5.11% | +1.09% |
Max Drawdown (5Y)Largest decline over 5 years | -15.71% | -22.95% | +7.24% |
Current DrawdownCurrent decline from peak | -1.77% | -16.29% | +14.52% |
Average DrawdownAverage peak-to-trough decline | -7.23% | -11.93% | +4.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.84% | 2.08% | -1.24% |
Volatility
AGHG.L vs. 0GGH.L - Volatility Comparison
The current volatility for Amundi Index Global Aggregate 500M UCITS ETF DR - Hedged GBP (D) (AGHG.L) is 0.79%, while iShares Core Global Aggregate Bond UCITS ETF EUR Hedged (Acc) (0GGH.L) has a volatility of 1.47%. This indicates that AGHG.L experiences smaller price fluctuations and is considered to be less risky than 0GGH.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AGHG.L | 0GGH.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.79% | 1.47% | -0.68% |
Volatility (6M)Calculated over the trailing 6-month period | 2.27% | 3.79% | -1.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.85% | 5.07% | -2.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.12% | 24.41% | -20.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.11% | 21.54% | -17.43% |
AGHG.L vs. 0GGH.L - Expense Ratio Comparison
AGHG.L has a 0.08% expense ratio, which is lower than 0GGH.L's 0.10% 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
AGHG.L vs. 0GGH.L - Dividend Comparison
AGHG.L's dividend yield for the trailing twelve months is around 2.97%, while 0GGH.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
0GGH.L iShares Core Global Aggregate Bond UCITS ETF EUR Hedged (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AGHG.L Amundi Index Global Aggregate 500M UCITS ETF DR - Hedged GBP (D) | 2.97% | 2.98% | 2.77% | 2.55% | 2.18% | 0.38% |
Frequently Asked Questions
AGHG.L and 0GGH.L have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AGHG.L is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AGHG.L is cheaper with a 0.08% expense ratio, compared with 0.10% for 0GGH.L.
AGHG.L tracks Bloomberg Global Aggregate TR Hdg GBP, while 0GGH.L tracks Bloomberg Global Aggregate Bond Index. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.08% for AGHG.L and 0.10% for 0GGH.L.
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