LYQ2.DE vs. SYBG.DE
LYQ2.DE (Amundi Euro Government Bond 1-3Y UCITS ETF Acc) and SYBG.DE (SPDR Bloomberg UK Gilt UCITS ETF) are both European Government Bonds funds - LYQ2.DE tracks the Bloomberg Euro Treasury 50bn 1-3 Year Bond while SYBG.DE tracks the Bloomberg UK Gilt. Both are passively managed. Over the past 10 years, LYQ2.DE returned 0.14%/yr vs -1.64%/yr for SYBG.DE. At a 0.37 correlation, their price movements are largely independent. LYQ2.DE charges 0.17%/yr vs 0.15%/yr for SYBG.DE.
Performance
LYQ2.DE vs. SYBG.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LYQ2.DE achieves a 0.42% return, which is significantly lower than SYBG.DE's 1.73% return. Over the past 10 years, LYQ2.DE has outperformed SYBG.DE with an annualized return of 0.14%, while SYBG.DE has yielded a comparatively lower -1.64% annualized return.
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%
SYBG.DE
- 1D
- 0.06%
- 1M
- 2.08%
- YTD
- 1.73%
- 6M
- 2.20%
- 1Y
- 1.77%
- 3Y*
- 2.55%
- 5Y*
- -4.68%
- 10Y*
- -1.64%
LYQ2.DE vs. SYBG.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
SYBG.DE SPDR Bloomberg UK Gilt UCITS ETF | 1.73% | 0.15% | 0.07% | 5.36% | -28.98% | 2.15% | 2.00% | 11.90% | 0.08% | -1.95% |
Correlation
The correlation between LYQ2.DE and SYBG.DE is 0.54, 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 | 0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.61 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since May 17, 2012 | 0.37 |
The correlation between LYQ2.DE and SYBG.DE shifts across timeframes, from 0.37 (all time) to 0.61 (3 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
LYQ2.DE vs. SYBG.DE — Risk / Return Rank
LYQ2.DE
SYBG.DE
LYQ2.DE vs. SYBG.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Euro Government Bond 1-3Y UCITS ETF Acc (LYQ2.DE) and SPDR Bloomberg UK Gilt UCITS ETF (SYBG.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.
| LYQ2.DE | SYBG.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.64 | ||
| Sortino ratioReturn per unit of downside risk | +0.94 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.04 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 0.90 | 0.33 | +0.57 |
| Martin ratioReturn relative to average drawdown | 2.73 | 0.77 | +1.96 |
Loading charts...
Drawdowns
LYQ2.DE vs. SYBG.DE - Drawdown Comparison
The maximum LYQ2.DE drawdown since its inception was -7.75%, smaller than the maximum SYBG.DE drawdown of -36.66%. Use the drawdown chart below to compare losses from any high point for LYQ2.DE and SYBG.DE.
Loading charts...
Drawdown Indicators
| LYQ2.DE | SYBG.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.75% | -36.66% | +28.91% |
Max Drawdown (1Y)Largest decline over 1 year | -1.22% | -5.42% | +4.20% |
Max Drawdown (3Y)Largest decline over 3 years | -1.22% | -8.78% | +7.56% |
Max Drawdown (5Y)Largest decline over 5 years | -6.02% | -36.25% | +30.23% |
Max Drawdown (10Y)Largest decline over 10 years | -7.75% | -36.66% | +28.91% |
Current DrawdownCurrent decline from peak | -0.16% | -26.43% | +26.27% |
Average DrawdownAverage peak-to-trough decline | -1.28% | -13.42% | +12.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.40% | 2.08% | -1.68% |
Volatility
LYQ2.DE vs. SYBG.DE - Volatility Comparison
The current volatility for Amundi Euro Government Bond 1-3Y UCITS ETF Acc (LYQ2.DE) is 0.31%, while SPDR Bloomberg UK Gilt UCITS ETF (SYBG.DE) has a volatility of 1.73%. This indicates that LYQ2.DE experiences smaller price fluctuations and is considered to be less risky than SYBG.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LYQ2.DE | SYBG.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.31% | 1.73% | -1.42% |
Volatility (6M)Calculated over the trailing 6-month period | 1.17% | 6.10% | -4.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.28% | 8.13% | -6.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.66% | 11.76% | -10.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.32% | 13.84% | -12.52% |
LYQ2.DE vs. SYBG.DE - Expense Ratio Comparison
LYQ2.DE has a 0.17% expense ratio, which is higher than SYBG.DE's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
LYQ2.DE vs. SYBG.DE - Dividend Comparison
LYQ2.DE has not paid dividends to shareholders, while SYBG.DE's dividend yield for the trailing twelve months is around 3.73%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SYBG.DE SPDR Bloomberg UK Gilt UCITS ETF | 3.73% | 3.64% | 2.65% | 1.69% | 1.22% | 0.82% | 1.11% | 1.14% | 1.27% | 1.60% | 1.77% | 1.89% |
Frequently Asked Questions
LYQ2.DE and SYBG.DE have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SYBG.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SYBG.DE is cheaper with a 0.15% expense ratio, compared with 0.17% for LYQ2.DE.
LYQ2.DE tracks Bloomberg Euro Treasury 50bn 1-3 Year Bond, while SYBG.DE tracks Bloomberg UK Gilt. They also come from different issuers: Amundi and State Street. Their fees differ too: 0.17% for LYQ2.DE and 0.15% for SYBG.DE.
Find the right allocation for LYQ2.DE and SYBG.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