SYBA.DE vs. 9E0E.DE

Last updated Jul 4, 2026

SYBA.DE (State Street SPDR Bloomberg Euro Aggregate Bond UCITS ETF (Dist)) and 9E0E.DE (Amundi Euro Aggregate Bond ESG UCITS ETF DR EUR (Dist)) are both Total Bond Market funds - SYBA.DE tracks the Bloomberg Euro Aggregate Bond Index while 9E0E.DE tracks the Bloomberg Euro Aggregate ESG Index. Both are passively managed. Over the past 3 years, SYBA.DE returned 3.22%/yr vs 3.16%/yr for 9E0E.DE. Their correlation of 0.92 suggests significant overlap in exposure. SYBA.DE charges 0.17%/yr vs 0.16%/yr for 9E0E.DE.

Performance

SYBA.DE vs. 9E0E.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in State Street SPDR Bloomberg Euro Aggregate Bond UCITS ETF (Dist) (SYBA.DE) and Amundi Euro Aggregate Bond ESG UCITS ETF DR EUR (Dist) (9E0E.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SYBA.DE achieves a 1.02% return, which is significantly higher than 9E0E.DE's 0.96% return.

SYBA.DE

• 1D: -0.38%
• 1M: 0.85%
• 6M: 1.50%
• YTD: 1.02%
• 1Y: 1.13%
• 3Y*: 3.22%
• 5Y*: -1.70%
• 10Y*: -0.24%

9E0E.DE

• 1D: -0.16%
• 1M: 0.78%
• 6M: 1.21%
• YTD: 0.96%
• 1Y: 1.08%
• 3Y*: 3.16%
• 5Y*: —
• 10Y*: —

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

SYBA.DE vs. 9E0E.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SYBA.DE State Street SPDR Bloomberg Euro Aggregate Bond UCITS ETF (Dist)	1.02%	1.25%	2.04%	6.72%	-13.29%
9E0E.DE Amundi Euro Aggregate Bond ESG UCITS ETF DR EUR (Dist)	0.96%	1.14%	2.21%	6.54%	-13.27%

Correlation

The correlation between SYBA.DE and 9E0E.DE is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.85
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (All Time) Calculated using the full available price history since Mar 11, 2022	0.92

The correlation between SYBA.DE and 9E0E.DE has been stable across timeframes, ranging from 0.85 to 0.92 - a consistent structural relationship.

Return for Risk

SYBA.DE vs. 9E0E.DE — Risk / Return Rank

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

SYBA.DE

SYBA.DE Risk / Return Rank: 13
SYBA.DE Sharpe Ratio Rank: 13
SYBA.DE Sortino Ratio Rank: 11
SYBA.DE Omega Ratio Rank: 11
SYBA.DE Calmar Ratio Rank: 13
SYBA.DE Martin Ratio Rank: 14

9E0E.DE

9E0E.DE Risk / Return Rank: 12
9E0E.DE Sharpe Ratio Rank: 13
9E0E.DE Sortino Ratio Rank: 11
9E0E.DE Omega Ratio Rank: 11
9E0E.DE Calmar Ratio Rank: 13
9E0E.DE Martin Ratio Rank: 13

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.

SYBA.DE vs. 9E0E.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street SPDR Bloomberg Euro Aggregate Bond UCITS ETF (Dist) (SYBA.DE) and Amundi Euro Aggregate Bond ESG UCITS ETF DR EUR (Dist) (9E0E.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.

	SYBA.DE	9E0E.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.28	0.28	-0.01
Sortino ratio: Return per unit of downside risk	0.43	0.44	-0.01
Omega ratio: Gain probability vs. loss probability	1.05	1.05	0.00
Calmar ratio: Return relative to maximum drawdown	0.35	0.34	0.00
Martin ratio: Return relative to average drawdown	0.94	0.89	+0.05

SYBA.DE vs. 9E0E.DE - Sharpe Ratio Comparison

The current SYBA.DE Sharpe Ratio is 0.28, which is comparable to the 9E0E.DE Sharpe Ratio of 0.28. The chart below compares the historical Sharpe Ratios of SYBA.DE and 9E0E.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.

Drawdowns

SYBA.DE vs. 9E0E.DE - Drawdown Comparison

The maximum SYBA.DE drawdown since its inception was -20.58%, which is greater than 9E0E.DE's maximum drawdown of -14.36%. Use the drawdown chart below to compare losses from any high point for SYBA.DE and 9E0E.DE.

Drawdown Indicators

	SYBA.DE	9E0E.DE	Difference
Max Drawdown Largest peak-to-trough decline	-20.58%	-14.36%	-6.22%
Max Drawdown (1Y) Largest decline over 1 year	-3.27%	-3.16%	-0.11%
Max Drawdown (3Y) Largest decline over 3 years	-3.41%	-3.20%	-0.21%
Max Drawdown (5Y) Largest decline over 5 years	-19.92%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-20.58%	—	—
Current Drawdown Current decline from peak	-10.55%	-3.56%	-6.99%
Average Drawdown Average peak-to-trough decline	-5.21%	-7.66%	+2.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.20%	1.21%	-0.01%

Volatility

SYBA.DE vs. 9E0E.DE - Volatility Comparison

State Street SPDR Bloomberg Euro Aggregate Bond UCITS ETF (Dist) (SYBA.DE) has a higher volatility of 1.44% compared to Amundi Euro Aggregate Bond ESG UCITS ETF DR EUR (Dist) (9E0E.DE) at 0.80%. This indicates that SYBA.DE's price experiences larger fluctuations and is considered to be riskier than 9E0E.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SYBA.DE	9E0E.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.44%	0.80%	+0.64%
Volatility (6M) Calculated over the trailing 6-month period	3.52%	3.23%	+0.29%
Volatility (1Y) Calculated over the trailing 1-year period	4.11%	3.81%	+0.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.79%	5.57%	+0.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.97%	5.57%	-0.60%

SYBA.DE vs. 9E0E.DE - Expense Ratio Comparison

SYBA.DE has a 0.17% expense ratio, which is higher than 9E0E.DE's 0.16% 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

SYBA.DE vs. 9E0E.DE - Dividend Comparison

SYBA.DE's dividend yield for the trailing twelve months is around 2.26%, less than 9E0E.DE's 2.46% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
9E0E.DE Amundi Euro Aggregate Bond ESG UCITS ETF DR EUR (Dist)	2.46%	2.49%	1.83%	1.60%	0.77%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SYBA.DE State Street SPDR Bloomberg Euro Aggregate Bond UCITS ETF (Dist)	2.26%	2.14%	1.73%	1.01%	0.42%	0.43%	0.55%	0.58%	0.56%	0.57%	0.85%	1.58%

Frequently Asked Questions

Can I hold both SYBA.DE and 9E0E.DE in my portfolio?

SYBA.DE and 9E0E.DE have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SYBA.DE or 9E0E.DE?

On fees, 9E0E.DE is cheaper at 0.16% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SYBA.DE or 9E0E.DE?

9E0E.DE is cheaper with a 0.16% expense ratio, compared with 0.17% for SYBA.DE.

What is the main difference between SYBA.DE and 9E0E.DE?

SYBA.DE tracks Bloomberg Euro Aggregate Bond Index, while 9E0E.DE tracks Bloomberg Euro Aggregate ESG Index. They also come from different issuers: State Street and Amundi. Their fees differ too: 0.17% for SYBA.DE and 0.16% for 9E0E.DE.