KLMH.DE vs. XBAG.DE
KLMH.DE (Amundi Global Aggregate Green Bond UCITS ETF EUR Hedged (Acc)) and XBAG.DE (Xtrackers II ESG Global Aggregate Bond UCITS ETF 1D) are both Global Bonds funds - KLMH.DE tracks the Solactive Green Bond Index (EUR Hedged) while XBAG.DE tracks the Bloomberg Global Aggregate TR USD. Both are passively managed. Over the past 5 years, KLMH.DE returned -2.83%/yr vs -1.66%/yr for XBAG.DE. At a 0.49 correlation, their price movements are largely independent. KLMH.DE charges 0.30%/yr vs 0.10%/yr for XBAG.DE.
Performance
KLMH.DE vs. XBAG.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, KLMH.DE achieves a -0.21% return, which is significantly lower than XBAG.DE's 1.20% return.
KLMH.DE
- 1D
- 0.17%
- 1M
- -1.24%
- 6M
- -0.80%
- YTD
- -0.21%
- 1Y
- 0.13%
- 3Y*
- 2.34%
- 5Y*
- -2.83%
- 10Y*
- —
XBAG.DE
- 1D
- -0.09%
- 1M
- 0.06%
- 6M
- 0.26%
- YTD
- 1.20%
- 1Y
- 2.04%
- 3Y*
- 1.36%
- 5Y*
- -1.66%
- 10Y*
- -0.37%
KLMH.DE vs. XBAG.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KLMH.DE Amundi Global Aggregate Green Bond UCITS ETF EUR Hedged (Acc) | -0.21% | 1.14% | 1.55% | 7.19% | -19.81% | -3.83% | 4.75% | 7.54% | -0.94% | -0.44% |
XBAG.DE Xtrackers II ESG Global Aggregate Bond UCITS ETF 1D | 1.20% | -3.91% | 3.40% | 1.86% | -11.54% | 2.90% | -0.49% | 9.26% | 3.05% | -4.99% |
Correlation
The correlation between KLMH.DE and XBAG.DE is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Jun 21, 2017 | 0.49 |
The correlation between KLMH.DE and XBAG.DE shifts across timeframes, from 0.35 (1 year) to 0.54 (5 years), reflecting how their relationship changes across market environments.
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
KLMH.DE vs. XBAG.DE — Risk / Return Rank
KLMH.DE
XBAG.DE
KLMH.DE vs. XBAG.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Global Aggregate Green Bond UCITS ETF EUR Hedged (Acc) (KLMH.DE) and Xtrackers II ESG Global Aggregate Bond UCITS ETF 1D (XBAG.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.
| KLMH.DE | XBAG.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.51 | ||
| Sortino ratioReturn per unit of downside risk | -0.71 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.10 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.04 | 0.84 | -0.80 |
| Martin ratioReturn relative to average drawdown | 0.10 | 1.73 | -1.63 |
Loading charts...
Drawdowns
KLMH.DE vs. XBAG.DE - Drawdown Comparison
The maximum KLMH.DE drawdown since its inception was -24.67%, smaller than the maximum XBAG.DE drawdown of -27.90%. Use the drawdown chart below to compare losses from any high point for KLMH.DE and XBAG.DE.
Loading charts...
Drawdown Indicators
| KLMH.DE | XBAG.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.67% | -27.90% | +3.23% |
Max Drawdown (1Y)Largest decline over 1 year | -3.18% | -2.42% | -0.76% |
Max Drawdown (3Y)Largest decline over 3 years | -3.63% | -7.50% | +3.87% |
Max Drawdown (5Y)Largest decline over 5 years | -23.60% | -15.82% | -7.78% |
Max Drawdown (10Y)Largest decline over 10 years | — | -16.65% | — |
Current DrawdownCurrent decline from peak | -15.51% | -11.61% | -3.90% |
Average DrawdownAverage peak-to-trough decline | -9.62% | -10.63% | +1.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.28% | 1.18% | +0.10% |
Volatility
KLMH.DE vs. XBAG.DE - Volatility Comparison
Amundi Global Aggregate Green Bond UCITS ETF EUR Hedged (Acc) (KLMH.DE) has a higher volatility of 1.44% compared to Xtrackers II ESG Global Aggregate Bond UCITS ETF 1D (XBAG.DE) at 0.96%. This indicates that KLMH.DE's price experiences larger fluctuations and is considered to be riskier than XBAG.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| KLMH.DE | XBAG.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.44% | 0.96% | +0.48% |
Volatility (6M)Calculated over the trailing 6-month period | 4.13% | 2.67% | +1.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.08% | 3.82% | +1.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.19% | 6.07% | +0.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.46% | 5.82% | -0.36% |
KLMH.DE vs. XBAG.DE - Expense Ratio Comparison
KLMH.DE has a 0.30% expense ratio, which is higher than XBAG.DE's 0.10% expense ratio.
Dividends
KLMH.DE vs. XBAG.DE - Dividend Comparison
KLMH.DE has not paid dividends to shareholders, while XBAG.DE's dividend yield for the trailing twelve months is around 2.98%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
KLMH.DE Amundi Global Aggregate Green Bond UCITS ETF EUR Hedged (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XBAG.DE Xtrackers II ESG Global Aggregate Bond UCITS ETF 1D | 2.98% | 2.94% | 3.16% | 2.22% | 2.78% | 0.82% | 1.47% | 1.76% | 1.36% | 1.11% | 2.04% |
Frequently Asked Questions
KLMH.DE and XBAG.DE have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XBAG.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XBAG.DE is cheaper with a 0.10% expense ratio, compared with 0.30% for KLMH.DE.
KLMH.DE tracks Solactive Green Bond Index (EUR Hedged), while XBAG.DE tracks Bloomberg Global Aggregate TR USD. They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.30% for KLMH.DE and 0.10% for XBAG.DE.
Find the right allocation for KLMH.DE and XBAG.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