DE5A.DE vs. KX1G.DE
DE5A.DE (Amundi Government Bond Highest Rated Euro Investment Grade UCITS ETF EUR) and KX1G.DE (Amundi Government Bond Lowest Rated Euro Investment Grade UCITS ETF EUR) are both European Government Bonds funds from Amundi - DE5A.DE tracks the FTSE Highest-Rated Eurozone Government Bond while KX1G.DE tracks the FTSE Lowest-Rated Eurozone Government Bond Investment Grade. Both are passively managed. Over the past 10 years, DE5A.DE returned -1.18%/yr vs 0.22%/yr for KX1G.DE. A 0.68 correlation means they provide meaningful diversification when combined. Both charge a 0.14% expense ratio.
Performance
DE5A.DE vs. KX1G.DE - Performance Comparison
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Returns By Period
In the year-to-date period, DE5A.DE achieves a 0.27% return, which is significantly higher than KX1G.DE's 0.22% return. Over the past 10 years, DE5A.DE has underperformed KX1G.DE with an annualized return of -1.18%, while KX1G.DE has yielded a comparatively higher 0.22% annualized return.
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%
KX1G.DE
- 1D
- 0.13%
- 1M
- 0.03%
- YTD
- 0.22%
- 6M
- 0.15%
- 1Y
- 0.78%
- 3Y*
- 3.02%
- 5Y*
- -1.81%
- 10Y*
- 0.22%
DE5A.DE vs. KX1G.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% | 4.28% | 1.66% | -0.73% |
KX1G.DE Amundi Government Bond Lowest Rated Euro Investment Grade UCITS ETF EUR | 0.22% | 1.21% | 2.65% | 7.57% | -18.42% | -3.38% | 5.42% | 8.82% | 0.15% | 0.54% |
Correlation
The correlation between DE5A.DE and KX1G.DE is 0.95 - 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 | 0.95 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.94 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.95 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Mar 23, 2011 | 0.68 |
Over the past year, DE5A.DE and KX1G.DE have become more correlated (0.95) than their long-term average of 0.68, meaning their price movements have been converging.
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Return for Risk
DE5A.DE vs. KX1G.DE — Risk / Return Rank
DE5A.DE
KX1G.DE
DE5A.DE vs. KX1G.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Government Bond Highest Rated Euro Investment Grade UCITS ETF EUR (DE5A.DE) and Amundi Government Bond Lowest Rated Euro Investment Grade UCITS ETF EUR (KX1G.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.
| DE5A.DE | KX1G.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.30 | ||
| Sortino ratioReturn per unit of downside risk | -0.42 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.02 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.26 | 0.13 | -0.39 |
| Martin ratioReturn relative to average drawdown | -0.58 | 0.34 | -0.92 |
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
| DE5A.DE | KX1G.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.20 | 0.10 | -0.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.49 | -0.27 | -0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.22 | 0.04 | -0.26 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 0.41 | -0.18 |
Drawdowns
DE5A.DE vs. KX1G.DE - Drawdown Comparison
The maximum DE5A.DE drawdown since its inception was -24.92%, which is greater than KX1G.DE's maximum drawdown of -22.43%. Use the drawdown chart below to compare losses from any high point for DE5A.DE and KX1G.DE.
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Drawdown Indicators
| DE5A.DE | KX1G.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.92% | -22.43% | -2.49% |
Max Drawdown (1Y)Largest decline over 1 year | -3.13% | -3.54% | +0.41% |
Max Drawdown (3Y)Largest decline over 3 years | -4.45% | -4.22% | -0.23% |
Max Drawdown (5Y)Largest decline over 5 years | -22.78% | -21.59% | -1.19% |
Max Drawdown (10Y)Largest decline over 10 years | -24.92% | -22.43% | -2.49% |
Current DrawdownCurrent decline from peak | -19.43% | -12.10% | -7.33% |
Average DrawdownAverage peak-to-trough decline | -7.30% | -6.69% | -0.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.42% | 1.34% | +0.08% |
Volatility
DE5A.DE vs. KX1G.DE - Volatility Comparison
Amundi Government Bond Highest Rated Euro Investment Grade UCITS ETF EUR (DE5A.DE) and Amundi Government Bond Lowest Rated Euro Investment Grade UCITS ETF EUR (KX1G.DE) have volatilities of 1.71% and 1.76%, 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.
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Volatility by Period
| DE5A.DE | KX1G.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.71% | 1.76% | -0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 3.44% | 3.80% | -0.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.19% | 4.57% | -0.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.45% | 6.66% | -0.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.37% | 5.94% | -0.57% |
DE5A.DE vs. KX1G.DE - Expense Ratio Comparison
Both DE5A.DE and KX1G.DE have an expense ratio of 0.14%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
DE5A.DE vs. KX1G.DE - Dividend Comparison
Neither DE5A.DE nor KX1G.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.95, DE5A.DE and KX1G.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.
Both ETFs have the same 0.14% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
DE5A.DE and KX1G.DE have the same expense ratio: 0.14% per year.
DE5A.DE tracks FTSE Highest-Rated Eurozone Government Bond, while KX1G.DE tracks FTSE Lowest-Rated Eurozone Government Bond Investment Grade.
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