KX1G.DE vs. X710.DE
KX1G.DE (Amundi Government Bond Lowest Rated Euro Investment Grade UCITS ETF EUR) and X710.DE (Xtrackers II Eurozone Government Bond 7-10 UCITS ETF) are both European Government Bonds funds - KX1G.DE tracks the FTSE Lowest-Rated Eurozone Government Bond Investment Grade while X710.DE tracks the Markit iBoxx® EUR Eurozone 7-10. Both are passively managed. Over the past 10 years, KX1G.DE returned 0.22%/yr vs -0.16%/yr for X710.DE. A 0.79 correlation means they provide meaningful diversification when combined. KX1G.DE charges 0.14%/yr vs 0.15%/yr for X710.DE.
Performance
KX1G.DE vs. X710.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, KX1G.DE achieves a 0.22% return, which is significantly higher than X710.DE's 0.09% return. Over the past 10 years, KX1G.DE has outperformed X710.DE with an annualized return of 0.22%, while X710.DE has yielded a comparatively lower -0.16% annualized return.
KX1G.DE
- 1D
- 0.13%
- 1M
- 0.66%
- YTD
- 0.22%
- 6M
- 0.10%
- 1Y
- 0.45%
- 3Y*
- 3.02%
- 5Y*
- -1.81%
- 10Y*
- 0.22%
X710.DE
- 1D
- 0.11%
- 1M
- 0.63%
- YTD
- 0.09%
- 6M
- -0.04%
- 1Y
- 0.27%
- 3Y*
- 2.66%
- 5Y*
- -2.29%
- 10Y*
- -0.16%
KX1G.DE vs. X710.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 | 0.22% | 1.21% | 2.65% | 7.57% | -18.42% | -3.38% | 5.42% | 8.82% | 0.15% | 0.54% |
X710.DE Xtrackers II Eurozone Government Bond 7-10 UCITS ETF | 0.09% | 1.72% | 0.93% | 8.80% | -19.69% | -3.23% | 4.20% | 6.78% | 1.03% | 0.95% |
Correlation
The correlation between KX1G.DE and X710.DE is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.95 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.96 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.96 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Sep 22, 2010 | 0.79 |
The correlation between KX1G.DE and X710.DE shifts across timeframes, from 0.79 (all time) to 0.96 (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
KX1G.DE vs. X710.DE — Risk / Return Rank
KX1G.DE
X710.DE
KX1G.DE vs. X710.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 Xtrackers II Eurozone Government Bond 7-10 UCITS ETF (X710.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.
| KX1G.DE | X710.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.01 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.13 | 0.07 | +0.06 |
| Martin ratioReturn relative to average drawdown | 0.34 | 0.18 | +0.16 |
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
| KX1G.DE | X710.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.10 | 0.06 | +0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.27 | -0.31 | +0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.04 | -0.03 | +0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.55 | -0.14 |
Drawdowns
KX1G.DE vs. X710.DE - Drawdown Comparison
The maximum KX1G.DE drawdown since its inception was -22.43%, roughly equal to the maximum X710.DE drawdown of -23.16%. Use the drawdown chart below to compare losses from any high point for KX1G.DE and X710.DE.
Loading charts...
Drawdown Indicators
| KX1G.DE | X710.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.43% | -23.16% | +0.73% |
Max Drawdown (1Y)Largest decline over 1 year | -3.54% | -4.18% | +0.64% |
Max Drawdown (3Y)Largest decline over 3 years | -4.22% | -4.55% | +0.33% |
Max Drawdown (5Y)Largest decline over 5 years | -21.59% | -22.84% | +1.25% |
Max Drawdown (10Y)Largest decline over 10 years | -22.43% | -23.16% | +0.73% |
Current DrawdownCurrent decline from peak | -12.10% | -13.46% | +1.36% |
Average DrawdownAverage peak-to-trough decline | -6.69% | -5.41% | -1.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.34% | 1.55% | -0.21% |
Volatility
KX1G.DE vs. X710.DE - Volatility Comparison
The current volatility for Amundi Government Bond Lowest Rated Euro Investment Grade UCITS ETF EUR (KX1G.DE) is 1.76%, while Xtrackers II Eurozone Government Bond 7-10 UCITS ETF (X710.DE) has a volatility of 1.94%. This indicates that KX1G.DE experiences smaller price fluctuations and is considered to be less risky than X710.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| KX1G.DE | X710.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.76% | 1.94% | -0.18% |
Volatility (6M)Calculated over the trailing 6-month period | 3.80% | 4.15% | -0.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.57% | 4.91% | -0.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.66% | 7.35% | -0.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.94% | 6.39% | -0.45% |
KX1G.DE vs. X710.DE - Expense Ratio Comparison
KX1G.DE has a 0.14% expense ratio, which is lower than X710.DE's 0.15% 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. X710.DE - Dividend Comparison
Neither KX1G.DE nor X710.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.95, KX1G.DE and X710.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
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 0.15% for X710.DE.
KX1G.DE tracks FTSE Lowest-Rated Eurozone Government Bond Investment Grade, while X710.DE tracks Markit iBoxx® EUR Eurozone 7-10. They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.14% for KX1G.DE and 0.15% for X710.DE.
Find the right allocation for KX1G.DE and X710.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