MTDD.DE vs. VGOV.DE
MTDD.DE (Amundi Euro Government Bond 7-10Y UCITS ETF Dist) and VGOV.DE (Vanguard UK Gilt UCITS ETF Distributing) are both European Government Bonds funds - MTDD.DE tracks the Bloomberg Euro Treasury 50bn 7-10 Year Bond while VGOV.DE tracks the FTSE Act UK Cnvt Gilts All Stocks TR GBP. Both are passively managed. Over the past 5 years, MTDD.DE returned -2.13%/yr vs -5.47%/yr for VGOV.DE. A 0.63 correlation means they provide meaningful diversification when combined. MTDD.DE charges 0.17%/yr vs 0.07%/yr for VGOV.DE.
Performance
MTDD.DE vs. VGOV.DE - Performance Comparison
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Returns By Period
In the year-to-date period, MTDD.DE achieves a 0.11% return, which is significantly higher than VGOV.DE's -0.51% return.
MTDD.DE
- 1D
- 0.04%
- 1M
- -0.00%
- YTD
- 0.11%
- 6M
- 0.13%
- 1Y
- 0.75%
- 3Y*
- 2.73%
- 5Y*
- -2.13%
- 10Y*
- -0.01%
VGOV.DE
- 1D
- 0.07%
- 1M
- 0.49%
- YTD
- -0.51%
- 6M
- -0.16%
- 1Y
- -0.62%
- 3Y*
- 2.00%
- 5Y*
- -5.47%
- 10Y*
- —
MTDD.DE vs. VGOV.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MTDD.DE Amundi Euro Government Bond 7-10Y UCITS ETF Dist | 0.11% | 1.75% | 1.15% | 8.48% | -19.28% | -2.83% | 3.93% | 6.98% | 1.40% | 0.07% |
VGOV.DE Vanguard UK Gilt UCITS ETF Distributing | -0.51% | 0.18% | -0.21% | 5.44% | -30.78% | 1.88% | 2.84% | 13.71% | -1.09% | 2.53% |
Correlation
The correlation between MTDD.DE and VGOV.DE is 0.68, 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 | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Oct 27, 2017 | 0.63 |
The correlation between MTDD.DE and VGOV.DE shifts across timeframes, from 0.63 (all time) to 0.74 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
MTDD.DE vs. VGOV.DE — Risk / Return Rank
MTDD.DE
VGOV.DE
MTDD.DE vs. VGOV.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Euro Government Bond 7-10Y UCITS ETF Dist (MTDD.DE) and Vanguard UK Gilt UCITS ETF Distributing (VGOV.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.
| MTDD.DE | VGOV.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.13 | ||
| Sortino ratioReturn per unit of downside risk | +0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 0.99 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.06 | -0.13 | +0.19 |
| Martin ratioReturn relative to average drawdown | 0.16 | -0.29 | +0.45 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MTDD.DE | VGOV.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.05 | -0.08 | +0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.30 | -0.42 | +0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.00 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | -0.13 | +0.56 |
Drawdowns
MTDD.DE vs. VGOV.DE - Drawdown Comparison
The maximum MTDD.DE drawdown since its inception was -22.48%, smaller than the maximum VGOV.DE drawdown of -40.95%. Use the drawdown chart below to compare losses from any high point for MTDD.DE and VGOV.DE.
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Drawdown Indicators
| MTDD.DE | VGOV.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.48% | -40.95% | +18.47% |
Max Drawdown (1Y)Largest decline over 1 year | -4.13% | -5.37% | +1.24% |
Max Drawdown (3Y)Largest decline over 3 years | -4.42% | -9.01% | +4.59% |
Max Drawdown (5Y)Largest decline over 5 years | -22.18% | -40.45% | +18.27% |
Max Drawdown (10Y)Largest decline over 10 years | -22.48% | — | — |
Current DrawdownCurrent decline from peak | -12.65% | -30.35% | +17.70% |
Average DrawdownAverage peak-to-trough decline | -5.55% | -16.60% | +11.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.53% | 2.35% | -0.82% |
Volatility
MTDD.DE vs. VGOV.DE - Volatility Comparison
The current volatility for Amundi Euro Government Bond 7-10Y UCITS ETF Dist (MTDD.DE) is 2.06%, while Vanguard UK Gilt UCITS ETF Distributing (VGOV.DE) has a volatility of 3.34%. This indicates that MTDD.DE experiences smaller price fluctuations and is considered to be less risky than VGOV.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MTDD.DE | VGOV.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.06% | 3.34% | -1.28% |
Volatility (6M)Calculated over the trailing 6-month period | 4.19% | 6.15% | -1.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.96% | 7.99% | -3.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.09% | 12.87% | -5.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.07% | 11.86% | -5.79% |
MTDD.DE vs. VGOV.DE - Expense Ratio Comparison
MTDD.DE has a 0.17% expense ratio, which is higher than VGOV.DE's 0.07% 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
MTDD.DE vs. VGOV.DE - Dividend Comparison
MTDD.DE's dividend yield for the trailing twelve months is around 2.68%, less than VGOV.DE's 4.59% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
MTDD.DE Amundi Euro Government Bond 7-10Y UCITS ETF Dist | 2.68% | 2.68% | 1.85% | 1.25% | 1.45% | 1.74% | 1.68% | 0.83% | 0.77% | 0.00% |
VGOV.DE Vanguard UK Gilt UCITS ETF Distributing | 4.59% | 4.59% | 4.08% | 3.17% | 1.94% | 1.07% | 1.18% | 1.34% | 1.60% | 0.27% |
Frequently Asked Questions
MTDD.DE and VGOV.DE have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VGOV.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VGOV.DE is cheaper with a 0.07% expense ratio, compared with 0.17% for MTDD.DE.
MTDD.DE tracks Bloomberg Euro Treasury 50bn 7-10 Year Bond, while VGOV.DE tracks FTSE Act UK Cnvt Gilts All Stocks TR GBP. They also come from different issuers: Amundi and Vanguard. Their fees differ too: 0.17% for MTDD.DE and 0.07% for VGOV.DE.
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