EAH.DE vs. XGEZ.DE
EAH.DE (Amundi Euro Government Green Bond UCITS ETF Acc) and XGEZ.DE (Xtrackers II Eurozone Government Green Bond UCITS ETF) are both European Government Bonds funds - EAH.DE tracks the Solactive Euro Government Green Bond while XGEZ.DE tracks the iBoxx® EUR Eurozone Sovereigns Green Bonds Capped. Both are passively managed. Over the past 3 years, EAH.DE returned 1.19%/yr vs 1.19%/yr for XGEZ.DE. With a 1.00 correlation, they move nearly in lockstep. EAH.DE charges 0.20%/yr vs 0.18%/yr for XGEZ.DE.
Performance
EAH.DE vs. XGEZ.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EAH.DE achieves a 0.01% return, which is significantly lower than XGEZ.DE's 0.02% return.
EAH.DE
- 1D
- 0.11%
- 1M
- 0.72%
- YTD
- 0.01%
- 6M
- -0.27%
- 1Y
- -1.55%
- 3Y*
- 1.19%
- 5Y*
- —
- 10Y*
- —
XGEZ.DE
- 1D
- 0.09%
- 1M
- 0.75%
- YTD
- 0.02%
- 6M
- -0.28%
- 1Y
- -1.58%
- 3Y*
- 1.19%
- 5Y*
- —
- 10Y*
- —
EAH.DE vs. XGEZ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
EAH.DE Amundi Euro Government Green Bond UCITS ETF Acc | 0.01% | -2.11% | -0.57% | 8.84% | 0.22% |
XGEZ.DE Xtrackers II Eurozone Government Green Bond UCITS ETF | 0.02% | -2.16% | -0.51% | 8.88% | 0.10% |
Correlation
The correlation between EAH.DE and XGEZ.DE is 0.99 - 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 | 0.99 |
Correlation (3Y) Calculated over the trailing 3-year period | 1.00 |
Correlation (All Time) Calculated using the full available price history since Oct 20, 2022 | 1.00 |
The correlation between EAH.DE and XGEZ.DE has been stable across timeframes, ranging from 0.99 to 1.00 - 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
EAH.DE vs. XGEZ.DE — Risk / Return Rank
EAH.DE
XGEZ.DE
EAH.DE vs. XGEZ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Euro Government Green Bond UCITS ETF Acc (EAH.DE) and Xtrackers II Eurozone Government Green Bond UCITS ETF (XGEZ.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.
| EAH.DE | XGEZ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.01 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 0.96 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | -0.33 | -0.34 | +0.01 |
| Martin ratioReturn relative to average drawdown | -0.71 | -0.72 | +0.01 |
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
| EAH.DE | XGEZ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.24 | -0.25 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.59 | 0.17 | -0.75 |
Drawdowns
EAH.DE vs. XGEZ.DE - Drawdown Comparison
The maximum EAH.DE drawdown since its inception was -36.30%, which is greater than XGEZ.DE's maximum drawdown of -13.63%. Use the drawdown chart below to compare losses from any high point for EAH.DE and XGEZ.DE.
Loading charts...
Drawdown Indicators
| EAH.DE | XGEZ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.30% | -13.63% | -22.67% |
Max Drawdown (1Y)Largest decline over 1 year | -4.72% | -4.70% | -0.02% |
Max Drawdown (3Y)Largest decline over 3 years | -7.83% | -7.89% | +0.06% |
Current DrawdownCurrent decline from peak | -29.61% | -5.48% | -24.13% |
Average DrawdownAverage peak-to-trough decline | -25.57% | -5.39% | -20.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.19% | 2.20% | -0.01% |
Volatility
EAH.DE vs. XGEZ.DE - Volatility Comparison
Amundi Euro Government Green Bond UCITS ETF Acc (EAH.DE) and Xtrackers II Eurozone Government Green Bond UCITS ETF (XGEZ.DE) have volatilities of 2.49% and 2.47%, 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
| EAH.DE | XGEZ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.49% | 2.47% | +0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 5.30% | 5.12% | +0.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.55% | 6.41% | +0.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.85% | 9.92% | +0.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.85% | 9.92% | +0.93% |
EAH.DE vs. XGEZ.DE - Expense Ratio Comparison
EAH.DE has a 0.20% expense ratio, which is higher than XGEZ.DE's 0.18% 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
EAH.DE vs. XGEZ.DE - Dividend Comparison
EAH.DE has not paid dividends to shareholders, while XGEZ.DE's dividend yield for the trailing twelve months is around 2.10%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
EAH.DE Amundi Euro Government Green Bond UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% |
XGEZ.DE Xtrackers II Eurozone Government Green Bond UCITS ETF | 2.10% | 1.99% | 2.07% | 1.27% |
Frequently Asked Questions
With a correlation of 0.99, EAH.DE and XGEZ.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, XGEZ.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XGEZ.DE is cheaper with a 0.18% expense ratio, compared with 0.20% for EAH.DE.
EAH.DE tracks Solactive Euro Government Green Bond, while XGEZ.DE tracks iBoxx® EUR Eurozone Sovereigns Green Bonds Capped. They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.20% for EAH.DE and 0.18% for XGEZ.DE.
Find the right allocation for EAH.DE and XGEZ.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