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SYBT.DE vs. AGGH
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

SYBT.DE vs. AGGH - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in SPDR Bloomberg US Treasury Bond UCITS ETF (SYBT.DE) and Simplify Aggregate Bond ETF (AGGH). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

SYBT.DE is traded in EUR, while AGGH is traded in USD. To make them comparable, the AGGH values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, SYBT.DE achieves a 0.91% return, which is significantly lower than AGGH's 1.87% return.


SYBT.DE

1D
-0.19%
1M
0.79%
YTD
0.91%
6M
0.11%
1Y
1.42%
3Y*
0.03%
5Y*
0.43%
10Y*
0.75%

AGGH

1D
0.11%
1M
1.02%
YTD
1.87%
6M
1.34%
1Y
6.22%
3Y*
2.07%
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

SYBT.DE vs. AGGH - Yearly Performance Comparison


2026 (YTD)2025202420232022
SYBT.DE
SPDR Bloomberg US Treasury Bond UCITS ETF
0.91%-5.48%6.46%0.26%-3.41%
AGGH
Simplify Aggregate Bond ETF
1.87%-4.61%8.71%5.22%-2.88%

Correlation

The correlation between SYBT.DE and AGGH is 0.55, 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

0.55

Correlation (3Y)
Calculated over the trailing 3-year period

0.55

Correlation (All Time)
Calculated using the full available price history since Feb 16, 2022

0.63

The correlation between SYBT.DE and AGGH has been stable across timeframes, ranging from 0.55 to 0.63 - a consistent structural relationship.

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Return for Risk

SYBT.DE vs. AGGH — Risk / Return Rank

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

SYBT.DE
SYBT.DE Risk / Return Rank: 1313
Overall Rank
SYBT.DE Sharpe Ratio Rank: 1313
Sharpe Ratio Rank
SYBT.DE Sortino Ratio Rank: 1212
Sortino Ratio Rank
SYBT.DE Omega Ratio Rank: 1212
Omega Ratio Rank
SYBT.DE Calmar Ratio Rank: 1313
Calmar Ratio Rank
SYBT.DE Martin Ratio Rank: 1313
Martin Ratio Rank

AGGH
AGGH Risk / Return Rank: 4040
Overall Rank
AGGH Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
AGGH Sortino Ratio Rank: 3333
Sortino Ratio Rank
AGGH Omega Ratio Rank: 3535
Omega Ratio Rank
AGGH Calmar Ratio Rank: 5353
Calmar Ratio Rank
AGGH Martin Ratio Rank: 4747
Martin Ratio Rank
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.

SYBT.DE vs. AGGH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg US Treasury Bond UCITS ETF (SYBT.DE) and Simplify Aggregate Bond ETF (AGGH). 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.


SYBT.DEAGGHDifference
Sharpe ratioReturn per unit of total volatility

-0.55

Sortino ratioReturn per unit of downside risk

-0.80

Omega ratioGain probability vs. loss probability

1.05

1.15

-0.10

Calmar ratioReturn relative to maximum drawdown

0.34

1.61

-1.28

Martin ratioReturn relative to average drawdown

0.88

4.83

-3.95

SYBT.DE vs. AGGH - Sharpe Ratio Comparison

The current SYBT.DE Sharpe Ratio is 0.25, which is lower than the AGGH Sharpe Ratio of 0.79. The chart below compares the historical Sharpe Ratios of SYBT.DE and AGGH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


SYBT.DEAGGHDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.25

0.79

-0.55

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.05

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.10

Sharpe Ratio (All Time)

Calculated using the full available price history

0.35

0.17

+0.17

Drawdowns

SYBT.DE vs. AGGH - Drawdown Comparison

The maximum SYBT.DE drawdown since its inception was -17.66%, which is greater than AGGH's maximum drawdown of -13.87%. Use the drawdown chart below to compare losses from any high point for SYBT.DE and AGGH.


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Drawdown Indicators


SYBT.DEAGGHDifference

Max Drawdown

Largest peak-to-trough decline

-17.66%

-13.87%

-3.79%

Max Drawdown (1Y)

Largest decline over 1 year

-4.22%

-3.87%

-0.35%

Max Drawdown (3Y)

Largest decline over 3 years

-11.03%

-13.87%

+2.84%

Max Drawdown (5Y)

Largest decline over 5 years

-13.06%

Max Drawdown (10Y)

Largest decline over 10 years

-17.66%

Current Drawdown

Current decline from peak

-13.25%

-6.14%

-7.11%

Average Drawdown

Average peak-to-trough decline

-8.61%

-6.28%

-2.33%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.62%

1.31%

+0.31%

Volatility

SYBT.DE vs. AGGH - Volatility Comparison

SPDR Bloomberg US Treasury Bond UCITS ETF (SYBT.DE) has a higher volatility of 1.34% compared to Simplify Aggregate Bond ETF (AGGH) at 1.13%. This indicates that SYBT.DE's price experiences larger fluctuations and is considered to be riskier than AGGH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


SYBT.DEAGGHDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.34%

1.13%

+0.21%

Volatility (6M)

Calculated over the trailing 6-month period

4.16%

4.68%

-0.52%

Volatility (1Y)

Calculated over the trailing 1-year period

5.77%

7.93%

-2.16%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

8.18%

10.49%

-2.31%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

7.74%

10.49%

-2.75%

SYBT.DE vs. AGGH - Expense Ratio Comparison

SYBT.DE has a 0.15% expense ratio, which is lower than AGGH's 0.33% expense ratio.


Dividends

SYBT.DE vs. AGGH - Dividend Comparison

SYBT.DE's dividend yield for the trailing twelve months is around 3.62%, less than AGGH's 7.51% yield.


PositionTTM20252024202320222021202020192018201720162015
AGGH
Simplify Aggregate Bond ETF
7.51%7.54%8.97%9.51%2.11%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SYBT.DE
SPDR Bloomberg US Treasury Bond UCITS ETF
3.62%3.70%2.94%2.22%1.31%0.92%1.98%3.24%1.58%1.66%1.29%1.25%

Frequently Asked Questions


SYBT.DE and AGGH have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, SYBT.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

SYBT.DE is cheaper with a 0.15% expense ratio, compared with 0.33% for AGGH.

SYBT.DE is categorized as Government Bonds, while AGGH is Intermediate Core Bond. They also come from different issuers: State Street and Simplify. Their fees differ too: 0.15% for SYBT.DE and 0.33% for AGGH.

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