EGV3.DE vs. VGEA.DE
EGV3.DE (Amundi Euro Government Bond 1-3Y UCITS ETF Dist) and VGEA.DE (Vanguard EUR Eurozone Government Bond UCITS ETF Accumulating) are both European Government Bonds funds - EGV3.DE tracks the Bloomberg Euro Treasury 50bn 1-3 Year Bond while VGEA.DE tracks the Bloomberg Euro Aggregate Treasury. Both are passively managed. Over the past 5 years, EGV3.DE returned 0.55%/yr vs -2.24%/yr for VGEA.DE. A 0.72 correlation means they provide meaningful diversification when combined. EGV3.DE charges 0.17%/yr vs 0.07%/yr for VGEA.DE.
Performance
EGV3.DE vs. VGEA.DE - Performance Comparison
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Returns By Period
EGV3.DE
- 1D
- 0.04%
- 1M
- 0.23%
- YTD
- 0.00%
- 6M
- 0.10%
- 1Y
- 0.65%
- 3Y*
- 2.53%
- 5Y*
- 0.55%
- 10Y*
- 0.19%
VGEA.DE
- 1D
- 0.06%
- 1M
- -0.02%
- YTD
- 0.11%
- 6M
- 0.18%
- 1Y
- 0.33%
- 3Y*
- 2.38%
- 5Y*
- -2.24%
- 10Y*
- —
EGV3.DE vs. VGEA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
EGV3.DE Amundi Euro Government Bond 1-3Y UCITS ETF Dist | -0.00% | 2.11% | 3.01% | 3.26% | -4.93% | -0.90% | -0.43% | 0.28% |
VGEA.DE Vanguard EUR Eurozone Government Bond UCITS ETF Accumulating | 0.11% | 0.67% | 1.54% | 6.93% | -18.30% | -3.32% | 4.81% | 5.94% |
Correlation
The correlation between EGV3.DE and VGEA.DE is 0.79, 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 | 0.79 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.81 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Feb 20, 2019 | 0.72 |
The correlation between EGV3.DE and VGEA.DE shifts across timeframes, from 0.72 (all time) to 0.84 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
EGV3.DE vs. VGEA.DE — Risk / Return Rank
EGV3.DE
VGEA.DE
EGV3.DE vs. VGEA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Euro Government Bond 1-3Y UCITS ETF Dist (EGV3.DE) and Vanguard EUR Eurozone Government Bond UCITS ETF Accumulating (VGEA.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.
| EGV3.DE | VGEA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.50 | ||
| Sortino ratioReturn per unit of downside risk | +0.73 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.00 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.54 | -0.01 | +0.56 |
| Martin ratioReturn relative to average drawdown | 1.68 | -0.04 | +1.72 |
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
| EGV3.DE | VGEA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.49 | -0.01 | +0.50 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.32 | -0.35 | +0.67 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.09 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | -0.10 | +0.51 |
Drawdowns
EGV3.DE vs. VGEA.DE - Drawdown Comparison
The maximum EGV3.DE drawdown since its inception was -8.42%, smaller than the maximum VGEA.DE drawdown of -22.34%. Use the drawdown chart below to compare losses from any high point for EGV3.DE and VGEA.DE.
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Drawdown Indicators
| EGV3.DE | VGEA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.42% | -22.34% | +13.92% |
Max Drawdown (1Y)Largest decline over 1 year | -1.20% | -3.44% | +2.24% |
Max Drawdown (3Y)Largest decline over 3 years | -1.20% | -4.00% | +2.80% |
Max Drawdown (5Y)Largest decline over 5 years | -6.05% | -21.47% | +15.42% |
Max Drawdown (10Y)Largest decline over 10 years | -8.42% | — | — |
Current DrawdownCurrent decline from peak | -0.56% | -13.91% | +13.35% |
Average DrawdownAverage peak-to-trough decline | -1.56% | -10.30% | +8.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.39% | 1.33% | -0.94% |
Volatility
EGV3.DE vs. VGEA.DE - Volatility Comparison
The current volatility for Amundi Euro Government Bond 1-3Y UCITS ETF Dist (EGV3.DE) is 0.53%, while Vanguard EUR Eurozone Government Bond UCITS ETF Accumulating (VGEA.DE) has a volatility of 1.67%. This indicates that EGV3.DE experiences smaller price fluctuations and is considered to be less risky than VGEA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EGV3.DE | VGEA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.53% | 1.67% | -1.14% |
Volatility (6M)Calculated over the trailing 6-month period | 1.22% | 3.62% | -2.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.33% | 4.33% | -3.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.67% | 6.39% | -4.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.13% | 5.86% | -3.73% |
EGV3.DE vs. VGEA.DE - Expense Ratio Comparison
EGV3.DE has a 0.17% expense ratio, which is higher than VGEA.DE's 0.07% 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
EGV3.DE vs. VGEA.DE - Dividend Comparison
EGV3.DE's dividend yield for the trailing twelve months is around 1.57%, while VGEA.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
EGV3.DE Amundi Euro Government Bond 1-3Y UCITS ETF Dist | 1.57% | 1.57% | 1.36% | 1.13% | 1.46% | 2.49% | 1.11% | 0.65% | 0.89% |
VGEA.DE Vanguard EUR Eurozone Government Bond UCITS ETF Accumulating | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EGV3.DE and VGEA.DE have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VGEA.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VGEA.DE is cheaper with a 0.07% expense ratio, compared with 0.17% for EGV3.DE.
EGV3.DE tracks Bloomberg Euro Treasury 50bn 1-3 Year Bond, while VGEA.DE tracks Bloomberg Euro Aggregate Treasury. They also come from different issuers: Amundi and Vanguard. Their fees differ too: 0.17% for EGV3.DE and 0.07% for VGEA.DE.
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