AHYD.DE vs. XBAE.DE
AHYD.DE (Amundi Global Aggregate SRI UCITS ETF Hedged EUR) and XBAE.DE (Xtrackers II ESG Global Aggregate Bond UCITS ETF 5C EUR hedged) are both Global Bonds funds - AHYD.DE tracks the Bloomberg MSCI Global Aggregate 500MM ex Securitized Sustainable SRI Sector Neutral (EUR Hedged) while XBAE.DE tracks the Bloomberg MSCI Global Aggregate Sustainable and SRI Currency Neutral (EUR Hedged). Both are passively managed. Over the past 3 years, AHYD.DE returned 1.86%/yr vs 2.00%/yr for XBAE.DE. Their correlation of 0.82 suggests significant overlap in exposure. AHYD.DE charges 0.16%/yr vs 0.10%/yr for XBAE.DE.
Performance
AHYD.DE vs. XBAE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, AHYD.DE achieves a 0.19% return, which is significantly lower than XBAE.DE's 0.33% return.
AHYD.DE
- 1D
- 0.00%
- 1M
- 0.91%
- YTD
- 0.19%
- 6M
- 0.36%
- 1Y
- 0.63%
- 3Y*
- 1.86%
- 5Y*
- —
- 10Y*
- —
XBAE.DE
- 1D
- 0.10%
- 1M
- 0.77%
- YTD
- 0.33%
- 6M
- 0.43%
- 1Y
- 1.30%
- 3Y*
- 2.00%
- 5Y*
- -1.58%
- 10Y*
- -0.50%
AHYD.DE vs. XBAE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
AHYD.DE Amundi Global Aggregate SRI UCITS ETF Hedged EUR | 0.19% | 2.02% | 0.67% | 4.41% | -3.40% |
XBAE.DE Xtrackers II ESG Global Aggregate Bond UCITS ETF 5C EUR hedged | 0.33% | 2.65% | 0.49% | 4.37% | -3.14% |
Correlation
The correlation between AHYD.DE and XBAE.DE is 0.74, 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 | 0.74 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Jun 17, 2022 | 0.82 |
The correlation between AHYD.DE and XBAE.DE has been stable across timeframes, ranging from 0.74 to 0.82 - a consistent structural relationship.
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Return for Risk
AHYD.DE vs. XBAE.DE — Risk / Return Rank
AHYD.DE
XBAE.DE
AHYD.DE vs. XBAE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Global Aggregate SRI UCITS ETF Hedged EUR (AHYD.DE) and Xtrackers II ESG Global Aggregate Bond UCITS ETF 5C EUR hedged (XBAE.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.
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.
| AHYD.DE | XBAE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.19 | ||
| Sortino ratioReturn per unit of downside risk | -0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.07 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.19 | 0.42 | -0.23 |
| Martin ratioReturn relative to average drawdown | 0.50 | 1.10 | -0.60 |
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Drawdowns
AHYD.DE vs. XBAE.DE - Drawdown Comparison
The maximum AHYD.DE drawdown since its inception was -9.20%, smaller than the maximum XBAE.DE drawdown of -19.06%. Use the drawdown chart below to compare losses from any high point for AHYD.DE and XBAE.DE.
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Drawdown Indicators
| AHYD.DE | XBAE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.20% | -19.06% | +9.86% |
Max Drawdown (1Y)Largest decline over 1 year | -3.32% | -3.11% | -0.21% |
Max Drawdown (3Y)Largest decline over 3 years | -3.76% | -4.55% | +0.79% |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.29% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -19.06% | — |
Current DrawdownCurrent decline from peak | -1.22% | -10.11% | +8.89% |
Average DrawdownAverage peak-to-trough decline | -3.49% | -5.93% | +2.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.27% | 1.18% | +0.09% |
Volatility
AHYD.DE vs. XBAE.DE - Volatility Comparison
Amundi Global Aggregate SRI UCITS ETF Hedged EUR (AHYD.DE) has a higher volatility of 1.09% compared to Xtrackers II ESG Global Aggregate Bond UCITS ETF 5C EUR hedged (XBAE.DE) at 0.86%. This indicates that AHYD.DE's price experiences larger fluctuations and is considered to be riskier than XBAE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AHYD.DE | XBAE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.09% | 0.86% | +0.23% |
Volatility (6M)Calculated over the trailing 6-month period | 3.17% | 3.10% | +0.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.76% | 3.63% | +0.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.76% | 5.02% | -0.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.76% | 4.64% | +0.12% |
AHYD.DE vs. XBAE.DE - Expense Ratio Comparison
AHYD.DE has a 0.16% expense ratio, which is higher than XBAE.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
AHYD.DE vs. XBAE.DE - Dividend Comparison
Neither AHYD.DE nor XBAE.DE has paid dividends to shareholders.
Frequently Asked Questions
AHYD.DE and XBAE.DE have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XBAE.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XBAE.DE is cheaper with a 0.10% expense ratio, compared with 0.16% for AHYD.DE.
AHYD.DE tracks Bloomberg MSCI Global Aggregate 500MM ex Securitized Sustainable SRI Sector Neutral (EUR Hedged), while XBAE.DE tracks Bloomberg MSCI Global Aggregate Sustainable and SRI Currency Neutral (EUR Hedged). They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.16% for AHYD.DE and 0.10% for XBAE.DE.
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