AHYB.DE vs. AHYA.DE
AHYB.DE (Amundi Global Aggregate SRI UCITS ETF Hedged USD) and AHYA.DE (Amundi Index J.P. Morgan GBI Global Govies UCITS ETF Hedged USD) are both Global Bonds funds from Amundi - AHYB.DE tracks the Bloomberg MSCI Global Aggregate 500MM ex Securitized Sustainable SRI Sector Neutral (USD Hedged) while AHYA.DE tracks the JP Morgan Government Bond Global (USD Hedged). Both are passively managed. Over the past 3 years, AHYB.DE returned 3.62%/yr vs 2.65%/yr for AHYA.DE. Their correlation of 0.88 suggests significant overlap in exposure. AHYB.DE charges 0.16%/yr vs 0.22%/yr for AHYA.DE.
Performance
AHYB.DE vs. AHYA.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AHYB.DE achieves a 0.29% return, which is significantly higher than AHYA.DE's -0.05% return.
AHYB.DE
- 1D
- 0.28%
- 1M
- -0.08%
- YTD
- 0.29%
- 6M
- 0.47%
- 1Y
- 2.89%
- 3Y*
- 3.62%
- 5Y*
- —
- 10Y*
- —
AHYA.DE
- 1D
- 0.15%
- 1M
- -0.15%
- YTD
- -0.05%
- 6M
- 0.13%
- 1Y
- 2.11%
- 3Y*
- 2.65%
- 5Y*
- —
- 10Y*
- —
AHYB.DE vs. AHYA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
AHYB.DE Amundi Global Aggregate SRI UCITS ETF Hedged USD | 0.29% | 4.31% | 1.94% | 7.01% | -1.60% |
AHYA.DE Amundi Index J.P. Morgan GBI Global Govies UCITS ETF Hedged USD | -0.05% | 3.73% | 1.27% | 5.70% | -2.20% |
Correlation
The correlation between AHYB.DE and AHYA.DE is 0.90, 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 | 0.90 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (All Time) Calculated using the full available price history since Jun 22, 2022 | 0.88 |
The correlation between AHYB.DE and AHYA.DE has been stable across timeframes, ranging from 0.88 to 0.91 - 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
AHYB.DE vs. AHYA.DE — Risk / Return Rank
AHYB.DE
AHYA.DE
AHYB.DE vs. AHYA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Global Aggregate SRI UCITS ETF Hedged USD (AHYB.DE) and Amundi Index J.P. Morgan GBI Global Govies UCITS ETF Hedged USD (AHYA.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.
| AHYB.DE | AHYA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.14 | ||
| Sortino ratioReturn per unit of downside risk | +0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.10 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.92 | 0.69 | +0.23 |
| Martin ratioReturn relative to average drawdown | 2.73 | 1.97 | +0.77 |
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
| AHYB.DE | AHYA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.72 | 0.58 | +0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.62 | 0.43 | +0.20 |
Drawdowns
AHYB.DE vs. AHYA.DE - Drawdown Comparison
The maximum AHYB.DE drawdown since its inception was -8.62%, which is greater than AHYA.DE's maximum drawdown of -8.05%. Use the drawdown chart below to compare losses from any high point for AHYB.DE and AHYA.DE.
Loading charts...
Drawdown Indicators
| AHYB.DE | AHYA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.62% | -8.05% | -0.57% |
Max Drawdown (1Y)Largest decline over 1 year | -2.79% | -2.99% | +0.20% |
Max Drawdown (3Y)Largest decline over 3 years | -3.27% | -3.86% | +0.59% |
Current DrawdownCurrent decline from peak | -1.31% | -1.74% | +0.43% |
Average DrawdownAverage peak-to-trough decline | -2.13% | -2.51% | +0.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.94% | 1.04% | -0.10% |
Volatility
AHYB.DE vs. AHYA.DE - Volatility Comparison
Amundi Global Aggregate SRI UCITS ETF Hedged USD (AHYB.DE) has a higher volatility of 1.54% compared to Amundi Index J.P. Morgan GBI Global Govies UCITS ETF Hedged USD (AHYA.DE) at 1.41%. This indicates that AHYB.DE's price experiences larger fluctuations and is considered to be riskier than AHYA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AHYB.DE | AHYA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.54% | 1.41% | +0.13% |
Volatility (6M)Calculated over the trailing 6-month period | 2.94% | 2.86% | +0.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.58% | 3.54% | +0.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.74% | 4.67% | +0.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.74% | 4.67% | +0.07% |
AHYB.DE vs. AHYA.DE - Expense Ratio Comparison
AHYB.DE has a 0.16% expense ratio, which is lower than AHYA.DE's 0.22% 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
AHYB.DE vs. AHYA.DE - Dividend Comparison
Neither AHYB.DE nor AHYA.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.90, AHYB.DE and AHYA.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.
On fees, AHYB.DE is cheaper at 0.16% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AHYB.DE is cheaper with a 0.16% expense ratio, compared with 0.22% for AHYA.DE.
AHYB.DE tracks Bloomberg MSCI Global Aggregate 500MM ex Securitized Sustainable SRI Sector Neutral (USD Hedged), while AHYA.DE tracks JP Morgan Government Bond Global (USD Hedged). Their fees differ too: 0.16% for AHYB.DE and 0.22% for AHYA.DE.
Find the right allocation for AHYB.DE and AHYA.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