LYQ2.DE vs. BOND
Compare and contrast key facts about Amundi Euro Government Bond 1-3Y UCITS ETF Acc (LYQ2.DE) and PIMCO Active Bond ETF (BOND).
LYQ2.DE and BOND are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LYQ2.DE is a passively managed fund by Amundi that tracks the performance of the Bloomberg Euro Treasury 50bn 1-3 Year Bond. It was launched on Sep 22, 2005. BOND is an actively managed fund by PIMCO. It was launched on Mar 1, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LYQ2.DE or BOND.
Key characteristics
| LYQ2.DE | BOND | |
|---|---|---|
| YTD Return | 1.94% | 5.98% |
| 1Y Return | 4.50% | 12.48% |
| 3Y Return (Ann) | -0.10% | -1.30% |
| 5Y Return (Ann) | -0.27% | 0.86% |
| 10Y Return (Ann) | -0.17% | 2.30% |
| Sharpe Ratio | 3.22 | 1.97 |
| Daily Std Dev | 1.36% | 6.10% |
| Max Drawdown | -7.75% | -19.71% |
| Current Drawdown | -2.34% | -4.20% |
Correlation
The correlation between LYQ2.DE and BOND is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
LYQ2.DE vs. BOND - Performance Comparison
In the year-to-date period, LYQ2.DE achieves a 1.94% return, which is significantly lower than BOND's 5.98% return. Over the past 10 years, LYQ2.DE has underperformed BOND with an annualized return of -0.17%, while BOND has yielded a comparatively higher 2.30% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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LYQ2.DE vs. BOND - Expense Ratio Comparison
LYQ2.DE has a 0.17% expense ratio, which is lower than BOND's 0.57% expense ratio.
Risk-Adjusted Performance
LYQ2.DE vs. BOND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Euro Government Bond 1-3Y UCITS ETF Acc (LYQ2.DE) and PIMCO Active Bond ETF (BOND). 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.
Dividends
LYQ2.DE vs. BOND - Dividend Comparison
LYQ2.DE has not paid dividends to shareholders, while BOND's dividend yield for the trailing twelve months is around 5.24%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LYQ2.DE Amundi Euro Government Bond 1-3Y 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% |
BOND PIMCO Active Bond ETF | 5.24% | 4.78% | 3.44% | 2.58% | 2.66% | 3.38% | 3.47% | 2.87% | 2.85% | 4.14% | 4.13% | 2.82% |
Drawdowns
LYQ2.DE vs. BOND - Drawdown Comparison
The maximum LYQ2.DE drawdown since its inception was -7.75%, smaller than the maximum BOND drawdown of -19.71%. Use the drawdown chart below to compare losses from any high point for LYQ2.DE and BOND. For additional features, visit the drawdowns tool.
Volatility
LYQ2.DE vs. BOND - Volatility Comparison
Amundi Euro Government Bond 1-3Y UCITS ETF Acc (LYQ2.DE) has a higher volatility of 1.65% compared to PIMCO Active Bond ETF (BOND) at 1.16%. This indicates that LYQ2.DE's price experiences larger fluctuations and is considered to be riskier than BOND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.