EGV3.DE vs. X03G.DE
EGV3.DE (Amundi Euro Government Bond 1-3Y UCITS ETF Dist) and X03G.DE (Xtrackers II Germany Government Bond UCITS ETF) are both European Government Bonds funds - EGV3.DE tracks the Bloomberg Euro Treasury 50bn 1-3 Year Bond while X03G.DE tracks the iBoxx® EUR Germany. Both are passively managed. Over the past 10 years, EGV3.DE returned 0.19%/yr vs -1.28%/yr for X03G.DE. A 0.50 correlation means they provide meaningful diversification when combined. EGV3.DE charges 0.17%/yr vs 0.15%/yr for X03G.DE.
Performance
EGV3.DE vs. X03G.DE - Performance Comparison
Loading charts...
Returns By Period
Over the past 10 years, EGV3.DE has outperformed X03G.DE with an annualized return of 0.19%, while X03G.DE has yielded a comparatively lower -1.28% annualized return.
EGV3.DE
- 1D
- 0.04%
- 1M
- 0.01%
- YTD
- 0.00%
- 6M
- 0.11%
- 1Y
- 0.81%
- 3Y*
- 2.53%
- 5Y*
- 0.55%
- 10Y*
- 0.19%
X03G.DE
- 1D
- 0.11%
- 1M
- -0.00%
- YTD
- -0.04%
- 6M
- -0.24%
- 1Y
- -0.95%
- 3Y*
- 0.86%
- 5Y*
- -3.03%
- 10Y*
- -1.28%
EGV3.DE vs. X03G.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.21% | 0.06% | -0.44% |
X03G.DE Xtrackers II Germany Government Bond UCITS ETF | -0.04% | -1.48% | 0.14% | 5.23% | -17.79% | -2.57% | 2.71% | 2.86% | 2.17% | -1.47% |
Correlation
The correlation between EGV3.DE and X03G.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 (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Aug 25, 2011 | 0.50 |
Over the past year, EGV3.DE and X03G.DE have become more correlated (0.78) than their long-term average of 0.50, meaning their price movements have been converging.
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
EGV3.DE vs. X03G.DE — Risk / Return Rank
EGV3.DE
X03G.DE
EGV3.DE vs. X03G.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 Xtrackers II Germany Government Bond UCITS ETF (X03G.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 | X03G.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.86 | ||
| Sortino ratioReturn per unit of downside risk | +1.24 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 0.94 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 0.54 | -0.47 | +1.01 |
| Martin ratioReturn relative to average drawdown | 1.68 | -0.99 | +2.67 |
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
| EGV3.DE | X03G.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.49 | -0.37 | +0.86 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.32 | -0.49 | +0.81 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.09 | -0.25 | +0.34 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.04 | +0.37 |
Drawdowns
EGV3.DE vs. X03G.DE - Drawdown Comparison
The maximum EGV3.DE drawdown since its inception was -8.42%, smaller than the maximum X03G.DE drawdown of -23.87%. Use the drawdown chart below to compare losses from any high point for EGV3.DE and X03G.DE.
Loading charts...
Drawdown Indicators
| EGV3.DE | X03G.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.42% | -23.87% | +15.45% |
Max Drawdown (1Y)Largest decline over 1 year | -1.20% | -2.89% | +1.69% |
Max Drawdown (3Y)Largest decline over 3 years | -1.20% | -5.00% | +3.80% |
Max Drawdown (5Y)Largest decline over 5 years | -6.05% | -21.19% | +15.14% |
Max Drawdown (10Y)Largest decline over 10 years | -8.42% | -23.87% | +15.45% |
Current DrawdownCurrent decline from peak | -0.56% | -19.28% | +18.72% |
Average DrawdownAverage peak-to-trough decline | -1.56% | -7.77% | +6.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.39% | 1.38% | -0.99% |
Volatility
EGV3.DE vs. X03G.DE - Volatility Comparison
The current volatility for Amundi Euro Government Bond 1-3Y UCITS ETF Dist (EGV3.DE) is 0.53%, while Xtrackers II Germany Government Bond UCITS ETF (X03G.DE) has a volatility of 1.43%. This indicates that EGV3.DE experiences smaller price fluctuations and is considered to be less risky than X03G.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EGV3.DE | X03G.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.53% | 1.43% | -0.90% |
Volatility (6M)Calculated over the trailing 6-month period | 1.22% | 2.89% | -1.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.33% | 3.68% | -2.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.67% | 6.16% | -4.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.13% | 5.15% | -3.02% |
EGV3.DE vs. X03G.DE - Expense Ratio Comparison
EGV3.DE has a 0.17% expense ratio, which is higher than X03G.DE's 0.15% 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. X03G.DE - Dividend Comparison
EGV3.DE's dividend yield for the trailing twelve months is around 1.57%, while X03G.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% | 0.00% | 0.00% |
X03G.DE Xtrackers II Germany Government Bond UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.33% |
Frequently Asked Questions
EGV3.DE and X03G.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.
On fees, X03G.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
X03G.DE is cheaper with a 0.15% expense ratio, compared with 0.17% for EGV3.DE.
EGV3.DE tracks Bloomberg Euro Treasury 50bn 1-3 Year Bond, while X03G.DE tracks iBoxx® EUR Germany. They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.17% for EGV3.DE and 0.15% for X03G.DE.
Find the right allocation for EGV3.DE and X03G.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