AHYF.DE vs. 10AK.DE

Last updated Jun 5, 2026

AHYF.DE (Amundi Global Aggregate SRI 1-5 UCITS ETF USD) and 10AK.DE (Amundi Index J.P. Morgan GBI Global Govies UCITS ETF EUR Dist) are both Global Bonds funds from Amundi - AHYF.DE tracks the Bloomberg MSCI Global Aggregate 500MM ex Securitized Sustainable SRI 1-5 Year Sector Neutral while 10AK.DE tracks the JP Morgan Government Bond Global. Both are passively managed. Over the past 3 years, AHYF.DE returned 1.07%/yr vs -1.30%/yr for 10AK.DE. A 0.79 correlation means they provide meaningful diversification when combined. AHYF.DE charges 0.14%/yr vs 0.20%/yr for 10AK.DE.

Performance

AHYF.DE vs. 10AK.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi Global Aggregate SRI 1-5 UCITS ETF USD (AHYF.DE) and Amundi Index J.P. Morgan GBI Global Govies UCITS ETF EUR Dist (10AK.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AHYF.DE achieves a 0.87% return, which is significantly higher than 10AK.DE's 0.09% return.

AHYF.DE

• 1D: -0.02%
• 1M: 0.41%
• YTD: 0.87%
• 6M: 0.44%
• 1Y: 0.14%
• 3Y*: 1.07%
• 5Y*: —
• 10Y*: —

10AK.DE

• 1D: 0.01%
• 1M: 0.11%
• YTD: 0.09%
• 6M: -0.56%
• 1Y: -1.76%
• 3Y*: -1.30%
• 5Y*: -2.43%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AHYF.DE vs. 10AK.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
AHYF.DE Amundi Global Aggregate SRI 1-5 UCITS ETF USD	0.87%	-3.21%	5.06%	0.94%	-4.47%
10AK.DE Amundi Index J.P. Morgan GBI Global Govies UCITS ETF EUR Dist	0.09%	-5.55%	2.06%	0.12%	-7.03%

Correlation

The correlation between AHYF.DE and 10AK.DE is 0.78, 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	0.78
Correlation (3Y) Calculated over the trailing 3-year period	0.80
Correlation (All Time) Calculated using the full available price history since Jul 20, 2022	0.79

The correlation between AHYF.DE and 10AK.DE has been stable across timeframes, ranging from 0.78 to 0.80 - a consistent structural relationship.

Return for Risk

AHYF.DE vs. 10AK.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AHYF.DE

AHYF.DE Risk / Return Rank: 8
AHYF.DE Sharpe Ratio Rank: 9
AHYF.DE Sortino Ratio Rank: 8
AHYF.DE Omega Ratio Rank: 8
AHYF.DE Calmar Ratio Rank: 8
AHYF.DE Martin Ratio Rank: 8

10AK.DE

10AK.DE Risk / Return Rank: 4
10AK.DE Sharpe Ratio Rank: 5
10AK.DE Sortino Ratio Rank: 4
10AK.DE Omega Ratio Rank: 4
10AK.DE Calmar Ratio Rank: 3
10AK.DE Martin Ratio Rank: 3

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AHYF.DE vs. 10AK.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi Global Aggregate SRI 1-5 UCITS ETF USD (AHYF.DE) and Amundi Index J.P. Morgan GBI Global Govies UCITS ETF EUR Dist (10AK.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.

	AHYF.DE	10AK.DE	Difference
Sharpe ratio: Return per unit of total volatility	-0.03	-0.52	+0.49
Sortino ratio: Return per unit of downside risk	-0.02	-0.68	+0.66
Omega ratio: Gain probability vs. loss probability	1.00	0.92	+0.08
Calmar ratio: Return relative to maximum drawdown	-0.06	-0.67	+0.61
Martin ratio: Return relative to average drawdown	-0.12	-1.23	+1.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AHYF.DE vs. 10AK.DE - Sharpe Ratio Comparison

The current AHYF.DE Sharpe Ratio is -0.03, which is higher than the 10AK.DE Sharpe Ratio of -0.52. The chart below compares the historical Sharpe Ratios of AHYF.DE and 10AK.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AHYF.DE	10AK.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.03	-0.52	+0.49
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.37	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.06	-0.05	-0.02

Drawdowns

AHYF.DE vs. 10AK.DE - Drawdown Comparison

The maximum AHYF.DE drawdown since its inception was -8.40%, smaller than the maximum 10AK.DE drawdown of -20.98%. Use the drawdown chart below to compare losses from any high point for AHYF.DE and 10AK.DE.

Drawdown Indicators

	AHYF.DE	10AK.DE	Difference
Max Drawdown Largest peak-to-trough decline	-8.40%	-20.98%	+12.58%
Max Drawdown (1Y) Largest decline over 1 year	-1.78%	-3.11%	+1.33%
Max Drawdown (3Y) Largest decline over 3 years	-5.93%	-8.61%	+2.68%
Max Drawdown (5Y) Largest decline over 5 years	—	-17.53%	—
Current Drawdown Current decline from peak	-4.19%	-20.12%	+15.93%
Average Drawdown Average peak-to-trough decline	-4.26%	-10.25%	+5.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.91%	1.69%	-0.78%

Volatility

AHYF.DE vs. 10AK.DE - Volatility Comparison

The current volatility for Amundi Global Aggregate SRI 1-5 UCITS ETF USD (AHYF.DE) is 0.46%, while Amundi Index J.P. Morgan GBI Global Govies UCITS ETF EUR Dist (10AK.DE) has a volatility of 1.04%. This indicates that AHYF.DE experiences smaller price fluctuations and is considered to be less risky than 10AK.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AHYF.DE	10AK.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.46%	1.04%	-0.58%
Volatility (6M) Calculated over the trailing 6-month period	2.10%	2.98%	-0.88%
Volatility (1Y) Calculated over the trailing 1-year period	3.21%	4.00%	-0.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.46%	6.49%	-2.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.46%	6.17%	-1.71%

AHYF.DE vs. 10AK.DE - Expense Ratio Comparison

AHYF.DE has a 0.14% expense ratio, which is lower than 10AK.DE's 0.20% 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

AHYF.DE vs. 10AK.DE - Dividend Comparison

AHYF.DE has not paid dividends to shareholders, while 10AK.DE's dividend yield for the trailing twelve months is around 2.62%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
10AK.DE Amundi Index J.P. Morgan GBI Global Govies UCITS ETF EUR Dist	2.62%	2.63%	2.07%	1.79%	1.61%	1.39%	1.68%	1.82%	0.58%
AHYF.DE Amundi Global Aggregate SRI 1-5 UCITS ETF USD	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AHYF.DE and 10AK.DE in my portfolio?

AHYF.DE and 10AK.DE have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AHYF.DE or 10AK.DE?

On fees, AHYF.DE is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AHYF.DE or 10AK.DE?

AHYF.DE is cheaper with a 0.14% expense ratio, compared with 0.20% for 10AK.DE.

What is the main difference between AHYF.DE and 10AK.DE?

AHYF.DE tracks Bloomberg MSCI Global Aggregate 500MM ex Securitized Sustainable SRI 1-5 Year Sector Neutral, while 10AK.DE tracks JP Morgan Government Bond Global. Their fees differ too: 0.14% for AHYF.DE and 0.20% for 10AK.DE.