BBEG.DE vs. DE5A.DE
BBEG.DE (JPMorgan BetaBuilders EUR Government Bond UCITS ETF EUR (Acc)) and DE5A.DE (Amundi Government Bond Highest Rated Euro Investment Grade UCITS ETF EUR) are both European Government Bonds funds - BBEG.DE tracks the JP Morgan EMU Government Bond while DE5A.DE tracks the FTSE Highest-Rated Eurozone Government Bond. Both are passively managed. Over the past 5 years, BBEG.DE returned -2.32%/yr vs -3.17%/yr for DE5A.DE. With a 0.96 correlation, they move nearly in lockstep. BBEG.DE charges 0.10%/yr vs 0.14%/yr for DE5A.DE.
Performance
BBEG.DE vs. DE5A.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BBEG.DE achieves a 0.14% return, which is significantly lower than DE5A.DE's 0.27% return.
BBEG.DE
- 1D
- 0.09%
- 1M
- -0.04%
- YTD
- 0.14%
- 6M
- 0.14%
- 1Y
- 0.29%
- 3Y*
- 2.32%
- 5Y*
- -2.32%
- 10Y*
- —
DE5A.DE
- 1D
- 0.08%
- 1M
- -0.09%
- YTD
- 0.27%
- 6M
- 0.19%
- 1Y
- -0.43%
- 3Y*
- 1.24%
- 5Y*
- -3.17%
- 10Y*
- -1.18%
BBEG.DE vs. DE5A.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
BBEG.DE JPMorgan BetaBuilders EUR Government Bond UCITS ETF EUR (Acc) | 0.14% | 0.60% | 1.39% | 6.92% | -18.49% | -3.37% | 4.88% | 4.27% |
DE5A.DE Amundi Government Bond Highest Rated Euro Investment Grade UCITS ETF EUR | 0.27% | -0.65% | -0.40% | 5.80% | -19.06% | -3.67% | 3.70% | 2.15% |
Correlation
The correlation between BBEG.DE and DE5A.DE is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.98 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.99 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since May 7, 2019 | 0.96 |
The correlation between BBEG.DE and DE5A.DE has been stable across timeframes, ranging from 0.96 to 0.99 - 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
BBEG.DE vs. DE5A.DE — Risk / Return Rank
BBEG.DE
DE5A.DE
BBEG.DE vs. DE5A.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders EUR Government Bond UCITS ETF EUR (Acc) (BBEG.DE) and Amundi Government Bond Highest Rated Euro Investment Grade UCITS ETF EUR (DE5A.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.
| BBEG.DE | DE5A.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.18 | ||
| Sortino ratioReturn per unit of downside risk | +0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 0.97 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.03 | -0.26 | +0.24 |
| Martin ratioReturn relative to average drawdown | -0.06 | -0.58 | +0.52 |
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
| BBEG.DE | DE5A.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.02 | -0.20 | +0.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.36 | -0.49 | +0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.22 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.14 | 0.22 | -0.37 |
Drawdowns
BBEG.DE vs. DE5A.DE - Drawdown Comparison
The maximum BBEG.DE drawdown since its inception was -22.76%, smaller than the maximum DE5A.DE drawdown of -24.92%. Use the drawdown chart below to compare losses from any high point for BBEG.DE and DE5A.DE.
Loading charts...
Drawdown Indicators
| BBEG.DE | DE5A.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.76% | -24.92% | +2.16% |
Max Drawdown (1Y)Largest decline over 1 year | -3.44% | -3.13% | -0.31% |
Max Drawdown (3Y)Largest decline over 3 years | -4.11% | -4.45% | +0.34% |
Max Drawdown (5Y)Largest decline over 5 years | -21.83% | -22.78% | +0.95% |
Max Drawdown (10Y)Largest decline over 10 years | — | -24.92% | — |
Current DrawdownCurrent decline from peak | -14.39% | -19.43% | +5.04% |
Average DrawdownAverage peak-to-trough decline | -10.84% | -7.30% | -3.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.38% | 1.42% | -0.04% |
Volatility
BBEG.DE vs. DE5A.DE - Volatility Comparison
JPMorgan BetaBuilders EUR Government Bond UCITS ETF EUR (Acc) (BBEG.DE) and Amundi Government Bond Highest Rated Euro Investment Grade UCITS ETF EUR (DE5A.DE) have volatilities of 1.69% and 1.71%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BBEG.DE | DE5A.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.69% | 1.71% | -0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 3.56% | 3.44% | +0.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.30% | 4.19% | +0.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.43% | 6.45% | -0.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.98% | 5.37% | +0.61% |
BBEG.DE vs. DE5A.DE - Expense Ratio Comparison
BBEG.DE has a 0.10% expense ratio, which is lower than DE5A.DE's 0.14% 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
BBEG.DE vs. DE5A.DE - Dividend Comparison
Neither BBEG.DE nor DE5A.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.98, BBEG.DE and DE5A.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, BBEG.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BBEG.DE is cheaper with a 0.10% expense ratio, compared with 0.14% for DE5A.DE.
BBEG.DE tracks JP Morgan EMU Government Bond, while DE5A.DE tracks FTSE Highest-Rated Eurozone Government Bond. They also come from different issuers: JPMorgan and Amundi. Their fees differ too: 0.10% for BBEG.DE and 0.14% for DE5A.DE.
Find the right allocation for BBEG.DE and DE5A.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