AHYB.DE vs. VAGE.DE
AHYB.DE (Amundi Global Aggregate SRI UCITS ETF Hedged USD) and VAGE.DE (Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Dist) are both Global Bonds funds - AHYB.DE tracks the Bloomberg MSCI Global Aggregate 500MM ex Securitized Sustainable SRI Sector Neutral (USD Hedged) while VAGE.DE tracks the Bloomberg Global Aggregate Float Adjusted and Scaled (EUR Hedged). Both are passively managed. Over the past 3 years, AHYB.DE returned 3.62%/yr vs 4.85%/yr for VAGE.DE. A 0.60 correlation means they provide meaningful diversification when combined. AHYB.DE charges 0.16%/yr vs 0.10%/yr for VAGE.DE.
Performance
AHYB.DE vs. VAGE.DE - Performance Comparison
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Different Trading Currencies
AHYB.DE is traded in USD, while VAGE.DE is traded in EUR. To make them comparable, the VAGE.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, AHYB.DE achieves a 0.29% return, which is significantly higher than VAGE.DE's -1.72% return.
AHYB.DE
- 1D
- 0.28%
- 1M
- 0.60%
- YTD
- 0.29%
- 6M
- 0.35%
- 1Y
- 2.57%
- 3Y*
- 3.62%
- 5Y*
- —
- 10Y*
- —
VAGE.DE
- 1D
- 0.22%
- 1M
- -0.53%
- YTD
- -1.72%
- 6M
- -0.85%
- 1Y
- 2.95%
- 3Y*
- 4.85%
- 5Y*
- -2.56%
- 10Y*
- —
AHYB.DE vs. VAGE.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% |
VAGE.DE Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Dist | -1.73% | 16.57% | -5.03% | 7.79% | -1.14% |
Correlation
The correlation between AHYB.DE and VAGE.DE is 0.64, 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 | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Jun 22, 2022 | 0.60 |
The correlation between AHYB.DE and VAGE.DE has been stable across timeframes, ranging from 0.60 to 0.64 - a consistent structural relationship.
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Return for Risk
AHYB.DE vs. VAGE.DE — Risk / Return Rank
AHYB.DE
VAGE.DE
AHYB.DE vs. VAGE.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 Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Dist (VAGE.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 | VAGE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.36 | ||
| Sortino ratioReturn per unit of downside risk | +0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.07 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.92 | 0.49 | +0.42 |
| Martin ratioReturn relative to average drawdown | 2.73 | 1.20 | +1.53 |
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
| AHYB.DE | VAGE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.72 | 0.36 | +0.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.26 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.62 | -0.05 | +0.67 |
Drawdowns
AHYB.DE vs. VAGE.DE - Drawdown Comparison
The maximum AHYB.DE drawdown since its inception was -8.62%, smaller than the maximum VAGE.DE drawdown of -36.01%. Use the drawdown chart below to compare losses from any high point for AHYB.DE and VAGE.DE.
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Drawdown Indicators
| AHYB.DE | VAGE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.62% | -36.01% | +27.39% |
Max Drawdown (1Y)Largest decline over 1 year | -2.79% | -5.94% | +3.15% |
Max Drawdown (3Y)Largest decline over 3 years | -3.27% | -11.22% | +7.95% |
Max Drawdown (5Y)Largest decline over 5 years | — | -33.82% | — |
Current DrawdownCurrent decline from peak | -1.31% | -15.43% | +14.12% |
Average DrawdownAverage peak-to-trough decline | -2.13% | -15.59% | +13.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.94% | 2.46% | -1.52% |
Volatility
AHYB.DE vs. VAGE.DE - Volatility Comparison
The current volatility for Amundi Global Aggregate SRI UCITS ETF Hedged USD (AHYB.DE) is 1.54%, while Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Dist (VAGE.DE) has a volatility of 2.33%. This indicates that AHYB.DE experiences smaller price fluctuations and is considered to be less risky than VAGE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AHYB.DE | VAGE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.54% | 2.33% | -0.79% |
Volatility (6M)Calculated over the trailing 6-month period | 2.94% | 5.81% | -2.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.58% | 8.14% | -4.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.74% | 9.76% | -5.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.74% | 9.28% | -4.54% |
AHYB.DE vs. VAGE.DE - Expense Ratio Comparison
AHYB.DE has a 0.16% expense ratio, which is higher than VAGE.DE's 0.10% 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
AHYB.DE vs. VAGE.DE - Dividend Comparison
AHYB.DE has not paid dividends to shareholders, while VAGE.DE's dividend yield for the trailing twelve months is around 3.60%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
AHYB.DE Amundi Global Aggregate SRI UCITS ETF Hedged USD | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VAGE.DE Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Dist | 3.60% | 3.51% | 3.13% | 2.39% | 1.47% | 0.87% | 1.20% | 0.60% |
Frequently Asked Questions
AHYB.DE and VAGE.DE have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VAGE.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VAGE.DE is cheaper with a 0.10% expense ratio, compared with 0.16% for AHYB.DE.
AHYB.DE tracks Bloomberg MSCI Global Aggregate 500MM ex Securitized Sustainable SRI Sector Neutral (USD Hedged), while VAGE.DE tracks Bloomberg Global Aggregate Float Adjusted and Scaled (EUR Hedged). They also come from different issuers: Amundi and Vanguard. Their fees differ too: 0.16% for AHYB.DE and 0.10% for VAGE.DE.
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