KX1G.DE vs. LYQ2.DE
KX1G.DE (Amundi Government Bond Lowest Rated Euro Investment Grade UCITS ETF EUR) and LYQ2.DE (Amundi Euro Government Bond 1-3Y UCITS ETF Acc) are both European Government Bonds funds from Amundi - KX1G.DE tracks the FTSE Lowest-Rated Eurozone Government Bond Investment Grade while LYQ2.DE tracks the Bloomberg Euro Treasury 50bn 1-3 Year Bond. Both are passively managed. Over the past 10 years, KX1G.DE returned 0.23%/yr vs 0.14%/yr for LYQ2.DE. A 0.73 correlation means they provide meaningful diversification when combined. KX1G.DE charges 0.14%/yr vs 0.17%/yr for LYQ2.DE.
Performance
KX1G.DE vs. LYQ2.DE - Performance Comparison
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Returns By Period
In the year-to-date period, KX1G.DE achieves a 1.41% return, which is significantly higher than LYQ2.DE's 0.42% return. Over the past 10 years, KX1G.DE has outperformed LYQ2.DE with an annualized return of 0.23%, while LYQ2.DE has yielded a comparatively lower 0.14% annualized return.
KX1G.DE
- 1D
- 0.07%
- 1M
- 0.98%
- YTD
- 1.41%
- 6M
- 1.53%
- 1Y
- 1.80%
- 3Y*
- 3.18%
- 5Y*
- -1.54%
- 10Y*
- 0.23%
LYQ2.DE
- 1D
- 0.05%
- 1M
- 0.32%
- YTD
- 0.42%
- 6M
- 0.53%
- 1Y
- 1.10%
- 3Y*
- 2.73%
- 5Y*
- 0.65%
- 10Y*
- 0.14%
KX1G.DE vs. LYQ2.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KX1G.DE Amundi Government Bond Lowest Rated Euro Investment Grade UCITS ETF EUR | 1.41% | 1.21% | 2.65% | 7.57% | -18.38% | -3.42% | 5.42% | 8.82% | 0.42% | 0.27% |
LYQ2.DE Amundi Euro Government Bond 1-3Y UCITS ETF Acc | 0.42% | 2.14% | 2.97% | 3.27% | -4.97% | -0.84% | -0.20% | -0.13% | -0.45% | -0.63% |
Correlation
The correlation between KX1G.DE and LYQ2.DE is 0.77, 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 | 0.77 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.80 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.83 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Jun 17, 2010 | 0.73 |
The correlation between KX1G.DE and LYQ2.DE shifts across timeframes, from 0.73 (all time) to 0.83 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
KX1G.DE vs. LYQ2.DE — Risk / Return Rank
KX1G.DE
LYQ2.DE
KX1G.DE vs. LYQ2.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Government Bond Lowest Rated Euro Investment Grade UCITS ETF EUR (KX1G.DE) and Amundi Euro Government Bond 1-3Y UCITS ETF Acc (LYQ2.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.
| KX1G.DE | LYQ2.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.47 | ||
| Sortino ratioReturn per unit of downside risk | -0.70 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.17 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.51 | 0.90 | -0.39 |
| Martin ratioReturn relative to average drawdown | 1.32 | 2.73 | -1.41 |
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Drawdowns
KX1G.DE vs. LYQ2.DE - Drawdown Comparison
The maximum KX1G.DE drawdown since its inception was -22.43%, which is greater than LYQ2.DE's maximum drawdown of -7.75%. Use the drawdown chart below to compare losses from any high point for KX1G.DE and LYQ2.DE.
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Drawdown Indicators
| KX1G.DE | LYQ2.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.43% | -7.75% | -14.68% |
Max Drawdown (1Y)Largest decline over 1 year | -3.54% | -1.22% | -2.32% |
Max Drawdown (3Y)Largest decline over 3 years | -4.21% | -1.22% | -2.99% |
Max Drawdown (5Y)Largest decline over 5 years | -21.59% | -6.02% | -15.57% |
Max Drawdown (10Y)Largest decline over 10 years | -22.43% | -7.75% | -14.68% |
Current DrawdownCurrent decline from peak | -11.05% | -0.16% | -10.89% |
Average DrawdownAverage peak-to-trough decline | -6.17% | -1.28% | -4.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.36% | 0.40% | +0.96% |
Volatility
KX1G.DE vs. LYQ2.DE - Volatility Comparison
Amundi Government Bond Lowest Rated Euro Investment Grade UCITS ETF EUR (KX1G.DE) has a higher volatility of 1.15% compared to Amundi Euro Government Bond 1-3Y UCITS ETF Acc (LYQ2.DE) at 0.31%. This indicates that KX1G.DE's price experiences larger fluctuations and is considered to be riskier than LYQ2.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KX1G.DE | LYQ2.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.15% | 0.31% | +0.84% |
Volatility (6M)Calculated over the trailing 6-month period | 3.83% | 1.17% | +2.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.58% | 1.28% | +3.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.59% | 1.66% | +4.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.69% | 1.32% | +4.37% |
KX1G.DE vs. LYQ2.DE - Expense Ratio Comparison
KX1G.DE has a 0.14% expense ratio, which is lower than LYQ2.DE's 0.17% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
KX1G.DE vs. LYQ2.DE - Dividend Comparison
Neither KX1G.DE nor LYQ2.DE has paid dividends to shareholders.
Frequently Asked Questions
KX1G.DE and LYQ2.DE have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, KX1G.DE is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.
KX1G.DE is cheaper with a 0.14% expense ratio, compared with 0.17% for LYQ2.DE.
KX1G.DE tracks FTSE Lowest-Rated Eurozone Government Bond Investment Grade, while LYQ2.DE tracks Bloomberg Euro Treasury 50bn 1-3 Year Bond. Their fees differ too: 0.14% for KX1G.DE and 0.17% for LYQ2.DE.
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