LCVB.DE vs. A4H8.DE

Last updated Jun 5, 2026

LCVB.DE (Amundi Euro Corporate 0-1Y ESG UCITS ETF Dist) and A4H8.DE (Amundi Index Euro Corporate SRI UCITS ETF DR (C)) are both European Corporate Bonds funds from Amundi - LCVB.DE tracks the iBoxx® MSCI ESG EUR Corporates 0-1 while A4H8.DE tracks the Bloomberg MSCI Euro Corporate ESG Sustainability SRI. Both are passively managed. Over the past 3 years, LCVB.DE returned 1.93%/yr vs 4.47%/yr for A4H8.DE. At a 0.31 correlation, their price movements are largely independent. LCVB.DE charges 0.08%/yr vs 0.14%/yr for A4H8.DE.

Performance

LCVB.DE vs. A4H8.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi Euro Corporate 0-1Y ESG UCITS ETF Dist (LCVB.DE) and Amundi Index Euro Corporate SRI UCITS ETF DR (C) (A4H8.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LCVB.DE achieves a 0.94% return, which is significantly higher than A4H8.DE's 0.54% return.

LCVB.DE

• 1D: 0.02%
• 1M: 0.30%
• YTD: 0.94%
• 6M: -0.40%
• 1Y: 0.67%
• 3Y*: 1.93%
• 5Y*: -1.08%
• 10Y*: -0.35%

A4H8.DE

• 1D: 0.12%
• 1M: 0.26%
• YTD: 0.54%
• 6M: 0.48%
• 1Y: 2.16%
• 3Y*: 4.47%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

LCVB.DE vs. A4H8.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
LCVB.DE Amundi Euro Corporate 0-1Y ESG UCITS ETF Dist	0.94%	0.95%	2.69%	2.15%	-7.17%
A4H8.DE Amundi Index Euro Corporate SRI UCITS ETF DR (C)	0.54%	2.94%	4.18%	7.09%	-8.39%

Correlation

The correlation between LCVB.DE and A4H8.DE is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (3Y) Calculated over the trailing 3-year period	0.13
Correlation (All Time) Calculated using the full available price history since Mar 23, 2022	0.31

The correlation between LCVB.DE and A4H8.DE shifts across timeframes, from 0.13 (3 years) to 0.31 (all time), reflecting how their relationship changes across market environments.

Return for Risk

LCVB.DE vs. A4H8.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LCVB.DE

LCVB.DE Risk / Return Rank: 17
LCVB.DE Sharpe Ratio Rank: 16
LCVB.DE Sortino Ratio Rank: 13
LCVB.DE Omega Ratio Rank: 29
LCVB.DE Calmar Ratio Rank: 15
LCVB.DE Martin Ratio Rank: 14

A4H8.DE

A4H8.DE Risk / Return Rank: 19
A4H8.DE Sharpe Ratio Rank: 20
A4H8.DE Sortino Ratio Rank: 19
A4H8.DE Omega Ratio Rank: 19
A4H8.DE Calmar Ratio Rank: 18
A4H8.DE Martin Ratio Rank: 21

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LCVB.DE vs. A4H8.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi Euro Corporate 0-1Y ESG UCITS ETF Dist (LCVB.DE) and Amundi Index Euro Corporate SRI UCITS ETF DR (C) (A4H8.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.

	LCVB.DE	A4H8.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.44	0.62	-0.18
Sortino ratio: Return per unit of downside risk	0.47	0.96	-0.49
Omega ratio: Gain probability vs. loss probability	1.19	1.12	+0.07
Calmar ratio: Return relative to maximum drawdown	0.47	0.73	-0.26
Martin ratio: Return relative to average drawdown	1.00	2.44	-1.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LCVB.DE vs. A4H8.DE - Sharpe Ratio Comparison

The current LCVB.DE Sharpe Ratio is 0.44, which is comparable to the A4H8.DE Sharpe Ratio of 0.62. The chart below compares the historical Sharpe Ratios of LCVB.DE and A4H8.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LCVB.DE	A4H8.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.44	0.62	-0.18
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.39	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.14	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.27	+0.30

Drawdowns

LCVB.DE vs. A4H8.DE - Drawdown Comparison

The maximum LCVB.DE drawdown since its inception was -14.50%, which is greater than A4H8.DE's maximum drawdown of -11.35%. Use the drawdown chart below to compare losses from any high point for LCVB.DE and A4H8.DE.

Drawdown Indicators

	LCVB.DE	A4H8.DE	Difference
Max Drawdown Largest peak-to-trough decline	-14.50%	-11.35%	-3.15%
Max Drawdown (1Y) Largest decline over 1 year	-1.44%	-2.52%	+1.08%
Max Drawdown (3Y) Largest decline over 3 years	-1.44%	-2.52%	+1.08%
Max Drawdown (5Y) Largest decline over 5 years	-13.73%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-14.50%	—	—
Current Drawdown Current decline from peak	-6.79%	-0.68%	-6.11%
Average Drawdown Average peak-to-trough decline	-3.13%	-3.48%	+0.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.68%	0.76%	-0.08%

Volatility

LCVB.DE vs. A4H8.DE - Volatility Comparison

The current volatility for Amundi Euro Corporate 0-1Y ESG UCITS ETF Dist (LCVB.DE) is 0.10%, while Amundi Index Euro Corporate SRI UCITS ETF DR (C) (A4H8.DE) has a volatility of 1.11%. This indicates that LCVB.DE experiences smaller price fluctuations and is considered to be less risky than A4H8.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LCVB.DE	A4H8.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.10%	1.11%	-1.01%
Volatility (6M) Calculated over the trailing 6-month period	1.51%	2.59%	-1.08%
Volatility (1Y) Calculated over the trailing 1-year period	1.55%	2.97%	-1.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.75%	4.91%	-2.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.54%	4.91%	-2.37%

LCVB.DE vs. A4H8.DE - Expense Ratio Comparison

LCVB.DE has a 0.08% expense ratio, which is lower than A4H8.DE's 0.14% 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

LCVB.DE vs. A4H8.DE - Dividend Comparison

Neither LCVB.DE nor A4H8.DE has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
A4H8.DE Amundi Index Euro Corporate SRI UCITS ETF DR (C)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
LCVB.DE Amundi Euro Corporate 0-1Y ESG UCITS ETF Dist	0.00%	0.00%	0.00%	0.00%	0.51%	0.82%	1.26%	1.51%	1.80%	2.86%	0.31%	0.49%

Frequently Asked Questions

Can I hold both LCVB.DE and A4H8.DE in my portfolio?

LCVB.DE and A4H8.DE have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LCVB.DE or A4H8.DE?

On fees, LCVB.DE is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LCVB.DE or A4H8.DE?

LCVB.DE is cheaper with a 0.08% expense ratio, compared with 0.14% for A4H8.DE.

What is the main difference between LCVB.DE and A4H8.DE?

LCVB.DE tracks iBoxx® MSCI ESG EUR Corporates 0-1, while A4H8.DE tracks Bloomberg MSCI Euro Corporate ESG Sustainability SRI. Their fees differ too: 0.08% for LCVB.DE and 0.14% for A4H8.DE.