IBCQ.DE vs. KLMT.DE
IBCQ.DE (iShares Global Corp Bond EUR Hedged UCITS ETF (Dist)) and KLMT.DE (Amundi Global Aggregate Green Bond UCITS ETF Acc) are both Global Corporate Bonds funds - IBCQ.DE tracks the Bloomberg Global Aggregate Corporate Index (EUR Hedged) while KLMT.DE tracks the Solactive Green Bond. Both are passively managed. Over the past 5 years, IBCQ.DE returned -1.18%/yr vs -1.78%/yr for KLMT.DE. A 0.60 correlation means they provide meaningful diversification when combined. Both charge a 0.25% expense ratio.
Performance
IBCQ.DE vs. KLMT.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IBCQ.DE achieves a 0.37% return, which is significantly lower than KLMT.DE's 1.25% return.
IBCQ.DE
- 1D
- -0.07%
- 1M
- 0.56%
- 6M
- 0.23%
- YTD
- 0.37%
- 1Y
- 2.17%
- 3Y*
- 3.66%
- 5Y*
- -1.18%
- 10Y*
- 0.44%
KLMT.DE
- 1D
- -0.10%
- 1M
- 0.92%
- 6M
- 1.62%
- YTD
- 1.25%
- 1Y
- 1.64%
- 3Y*
- 3.19%
- 5Y*
- -1.78%
- 10Y*
- —
IBCQ.DE vs. KLMT.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IBCQ.DE iShares Global Corp Bond EUR Hedged UCITS ETF (Dist) | 0.37% | 4.51% | 1.64% | 6.18% | -16.03% | -2.10% | 5.98% | 9.58% | -4.23% | 2.79% |
KLMT.DE Amundi Global Aggregate Green Bond UCITS ETF Acc | 1.25% | -0.22% | 3.20% | 6.84% | -18.17% | -1.90% | 3.12% | 8.93% | 1.08% | -2.48% |
Correlation
The correlation between IBCQ.DE and KLMT.DE is 0.59, 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 | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since Feb 21, 2017 | 0.60 |
The correlation between IBCQ.DE and KLMT.DE has been stable across timeframes, ranging from 0.59 to 0.68 - a consistent structural relationship.
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Return for Risk
IBCQ.DE vs. KLMT.DE — Risk / Return Rank
IBCQ.DE
KLMT.DE
IBCQ.DE vs. KLMT.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Corp Bond EUR Hedged UCITS ETF (Dist) (IBCQ.DE) and Amundi Global Aggregate Green Bond UCITS ETF Acc (KLMT.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IBCQ.DE | KLMT.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.03 | ||
| Sortino ratioReturn per unit of downside risk | 0.00 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.08 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.66 | 0.51 | +0.15 |
| Martin ratioReturn relative to average drawdown | 2.11 | 1.36 | +0.75 |
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Drawdowns
IBCQ.DE vs. KLMT.DE - Drawdown Comparison
The maximum IBCQ.DE drawdown since its inception was -21.76%, roughly equal to the maximum KLMT.DE drawdown of -21.02%. Use the drawdown chart below to compare losses from any high point for IBCQ.DE and KLMT.DE.
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Drawdown Indicators
| IBCQ.DE | KLMT.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.76% | -21.02% | -0.74% |
Max Drawdown (1Y)Largest decline over 1 year | -3.27% | -3.19% | -0.08% |
Max Drawdown (3Y)Largest decline over 3 years | -4.75% | -3.58% | -1.17% |
Max Drawdown (5Y)Largest decline over 5 years | -21.65% | -20.35% | -1.30% |
Max Drawdown (10Y)Largest decline over 10 years | -21.76% | — | — |
Current DrawdownCurrent decline from peak | -7.19% | -11.35% | +4.16% |
Average DrawdownAverage peak-to-trough decline | -5.40% | -8.15% | +2.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.02% | 1.20% | -0.18% |
Volatility
IBCQ.DE vs. KLMT.DE - Volatility Comparison
iShares Global Corp Bond EUR Hedged UCITS ETF (Dist) (IBCQ.DE) and Amundi Global Aggregate Green Bond UCITS ETF Acc (KLMT.DE) have volatilities of 0.90% and 0.94%, 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
| IBCQ.DE | KLMT.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.90% | 0.94% | -0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 4.67% | 3.20% | +1.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.42% | 3.87% | +1.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.13% | 5.80% | +0.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.85% | 5.95% | -0.10% |
IBCQ.DE vs. KLMT.DE - Expense Ratio Comparison
Both IBCQ.DE and KLMT.DE have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
IBCQ.DE vs. KLMT.DE - Dividend Comparison
IBCQ.DE's dividend yield for the trailing twelve months is around 4.11%, while KLMT.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBCQ.DE iShares Global Corp Bond EUR Hedged UCITS ETF (Dist) | 4.11% | 3.96% | 3.75% | 3.20% | 2.62% | 2.09% | 2.36% | 2.66% | 3.00% | 2.19% | 2.51% | 2.75% |
KLMT.DE Amundi Global Aggregate Green Bond UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IBCQ.DE and KLMT.DE have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
IBCQ.DE and KLMT.DE have the same expense ratio: 0.25% per year.
IBCQ.DE tracks Bloomberg Global Aggregate Corporate Index (EUR Hedged), while KLMT.DE tracks Solactive Green Bond. They also come from different issuers: iShares and Amundi.
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