SYB4.DE vs. KX1G.DE
SYB4.DE (SPDR Bloomberg 3-5 Year Euro Government Bond UCITS ETF) and KX1G.DE (Amundi Government Bond Lowest Rated Euro Investment Grade UCITS ETF EUR) are both European Government Bonds funds - SYB4.DE tracks the Bloomberg Euro Treasury 50bn 3-5 Year Bond while KX1G.DE tracks the FTSE Lowest-Rated Eurozone Government Bond Investment Grade. Both are passively managed. Over the past 10 years, SYB4.DE returned 0.08%/yr vs 0.22%/yr for KX1G.DE. A 0.74 correlation means they provide meaningful diversification when combined. SYB4.DE charges 0.15%/yr vs 0.14%/yr for KX1G.DE.
Performance
SYB4.DE vs. KX1G.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SYB4.DE achieves a -0.38% return, which is significantly lower than KX1G.DE's 0.22% return. Over the past 10 years, SYB4.DE has underperformed KX1G.DE with an annualized return of 0.08%, while KX1G.DE has yielded a comparatively higher 0.22% annualized return.
SYB4.DE
- 1D
- 0.00%
- 1M
- -0.03%
- YTD
- -0.38%
- 6M
- -0.09%
- 1Y
- 0.71%
- 3Y*
- 2.76%
- 5Y*
- -0.32%
- 10Y*
- 0.08%
KX1G.DE
- 1D
- 0.13%
- 1M
- 0.03%
- YTD
- 0.22%
- 6M
- 0.15%
- 1Y
- 0.78%
- 3Y*
- 3.02%
- 5Y*
- -1.81%
- 10Y*
- 0.22%
SYB4.DE vs. KX1G.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SYB4.DE SPDR Bloomberg 3-5 Year Euro Government Bond UCITS ETF | -0.38% | 2.77% | 2.23% | 5.10% | -9.96% | -1.30% | 1.04% | 1.90% | -0.16% | -0.03% |
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% |
Correlation
The correlation between SYB4.DE and KX1G.DE is 0.78, 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 | 0.78 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.86 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.89 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since Dec 4, 2014 | 0.74 |
The correlation between SYB4.DE and KX1G.DE shifts across timeframes, from 0.74 (10 years) to 0.89 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
SYB4.DE vs. KX1G.DE — Risk / Return Rank
SYB4.DE
KX1G.DE
SYB4.DE vs. KX1G.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg 3-5 Year Euro Government Bond UCITS ETF (SYB4.DE) and Amundi Government Bond Lowest Rated Euro Investment Grade UCITS ETF EUR (KX1G.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.
| SYB4.DE | KX1G.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.02 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.16 | 0.13 | +0.04 |
| Martin ratioReturn relative to average drawdown | 0.46 | 0.34 | +0.13 |
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
| SYB4.DE | KX1G.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.14 | 0.10 | +0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.09 | -0.27 | +0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.03 | 0.04 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.11 | 0.41 | -0.30 |
Drawdowns
SYB4.DE vs. KX1G.DE - Drawdown Comparison
The maximum SYB4.DE drawdown since its inception was -12.16%, smaller than the maximum KX1G.DE drawdown of -22.43%. Use the drawdown chart below to compare losses from any high point for SYB4.DE and KX1G.DE.
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Drawdown Indicators
| SYB4.DE | KX1G.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.16% | -22.43% | +10.27% |
Max Drawdown (1Y)Largest decline over 1 year | -2.39% | -3.54% | +1.15% |
Max Drawdown (3Y)Largest decline over 3 years | -2.39% | -4.22% | +1.83% |
Max Drawdown (5Y)Largest decline over 5 years | -11.98% | -21.59% | +9.61% |
Max Drawdown (10Y)Largest decline over 10 years | -12.16% | -22.43% | +10.27% |
Current DrawdownCurrent decline from peak | -2.41% | -12.10% | +9.69% |
Average DrawdownAverage peak-to-trough decline | -2.79% | -6.69% | +3.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.84% | 1.34% | -0.50% |
Volatility
SYB4.DE vs. KX1G.DE - Volatility Comparison
The current volatility for SPDR Bloomberg 3-5 Year Euro Government Bond UCITS ETF (SYB4.DE) is 1.26%, while Amundi Government Bond Lowest Rated Euro Investment Grade UCITS ETF EUR (KX1G.DE) has a volatility of 1.76%. This indicates that SYB4.DE experiences smaller price fluctuations and is considered to be less risky than KX1G.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SYB4.DE | KX1G.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.26% | 1.76% | -0.50% |
Volatility (6M)Calculated over the trailing 6-month period | 2.54% | 3.80% | -1.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.84% | 4.57% | -1.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.66% | 6.66% | -3.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.90% | 5.94% | -3.04% |
SYB4.DE vs. KX1G.DE - Expense Ratio Comparison
SYB4.DE has a 0.15% expense ratio, which is higher than KX1G.DE's 0.14% 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
SYB4.DE vs. KX1G.DE - Dividend Comparison
SYB4.DE's dividend yield for the trailing twelve months is around 2.42%, while KX1G.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KX1G.DE Amundi Government Bond Lowest Rated Euro Investment Grade UCITS ETF EUR | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SYB4.DE SPDR Bloomberg 3-5 Year Euro Government Bond UCITS ETF | 2.42% | 2.50% | 2.27% | 0.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.11% | 0.12% |
Frequently Asked Questions
SYB4.DE and KX1G.DE have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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 SYB4.DE.
SYB4.DE tracks Bloomberg Euro Treasury 50bn 3-5 Year Bond, while KX1G.DE tracks FTSE Lowest-Rated Eurozone Government Bond Investment Grade. They also come from different issuers: State Street and Amundi. Their fees differ too: 0.15% for SYB4.DE and 0.14% for KX1G.DE.
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