SYBV.DE vs. EAH.DE

Last updated Jul 18, 2026

SYBV.DE (State Street SPDR Bloomberg 10+ Year Euro Government Bond UCITS ETF (Dist)) and EAH.DE (Amundi Euro Government Green Bond UCITS ETF Acc) are both European Government Bonds funds - SYBV.DE tracks the Bloomberg Euro 10+ Year Treasury Bond Index while EAH.DE tracks the Solactive Euro Government Green Bond. Both are passively managed. Over the past 5 years, SYBV.DE returned -7.05%/yr vs -6.54%/yr for EAH.DE. With a 0.98 correlation, they move nearly in lockstep. SYBV.DE charges 0.15%/yr vs 0.20%/yr for EAH.DE.

Performance

SYBV.DE vs. EAH.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in State Street SPDR Bloomberg 10+ Year Euro Government Bond UCITS ETF (Dist) (SYBV.DE) and Amundi Euro Government Green Bond UCITS ETF Acc (EAH.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SYBV.DE achieves a -0.78% return, which is significantly higher than EAH.DE's -0.88% return.

SYBV.DE

• 1D: 0.22%
• 1M: -2.43%
• 6M: -1.68%
• YTD: -0.78%
• 1Y: -1.03%
• 3Y*: 0.10%
• 5Y*: -7.05%
• 10Y*: -2.07%

EAH.DE

• 1D: 0.00%
• 1M: -1.94%
• 6M: -1.54%
• YTD: -0.88%
• 1Y: -1.16%
• 3Y*: 0.44%
• 5Y*: -6.54%
• 10Y*: —

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

SYBV.DE vs. EAH.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SYBV.DE State Street SPDR Bloomberg 10+ Year Euro Government Bond UCITS ETF (Dist)	-0.78%	-3.55%	-0.53%	9.88%	-32.00%	0.28%
EAH.DE Amundi Euro Government Green Bond UCITS ETF Acc	-0.88%	-2.11%	-0.57%	8.84%	-30.65%	1.11%

Correlation

The correlation between SYBV.DE and EAH.DE is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.97
Correlation (3Y) Calculated over the trailing 3-year period	0.98
Correlation (5Y) Calculated over the trailing 5-year period	0.99
Correlation (All Time) Calculated using the full available price history since Jun 25, 2021	0.99

The correlation between SYBV.DE and EAH.DE has been stable across timeframes, ranging from 0.97 to 0.99 - a consistent structural relationship.

Return for Risk

SYBV.DE vs. EAH.DE — Risk / Return Rank

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

SYBV.DE

SYBV.DE Risk / Return Rank: 8
SYBV.DE Sharpe Ratio Rank: 9
SYBV.DE Sortino Ratio Rank: 8
SYBV.DE Omega Ratio Rank: 8
SYBV.DE Calmar Ratio Rank: 8
SYBV.DE Martin Ratio Rank: 8

EAH.DE

EAH.DE Risk / Return Rank: 7
EAH.DE Sharpe Ratio Rank: 8
EAH.DE Sortino Ratio Rank: 7
EAH.DE Omega Ratio Rank: 7
EAH.DE Calmar Ratio Rank: 8
EAH.DE Martin Ratio Rank: 7

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.

SYBV.DE vs. EAH.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street SPDR Bloomberg 10+ Year Euro Government Bond UCITS ETF (Dist) (SYBV.DE) and Amundi Euro Government Green Bond UCITS ETF Acc (EAH.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.

	SYBV.DE	EAH.DE	Difference
Sharpe ratio: Return per unit of total volatility	-0.13	-0.18	+0.05
Sortino ratio: Return per unit of downside risk	-0.12	-0.20	+0.08
Omega ratio: Gain probability vs. loss probability	0.99	0.98	+0.01
Calmar ratio: Return relative to maximum drawdown	-0.19	-0.25	+0.06
Martin ratio: Return relative to average drawdown	-0.39	-0.53	+0.14

SYBV.DE vs. EAH.DE - Sharpe Ratio Comparison

The current SYBV.DE Sharpe Ratio is -0.13, which is comparable to the EAH.DE Sharpe Ratio of -0.18. The chart below compares the historical Sharpe Ratios of SYBV.DE and EAH.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

SYBV.DE vs. EAH.DE - Drawdown Comparison

The maximum SYBV.DE drawdown since its inception was -40.94%, which is greater than EAH.DE's maximum drawdown of -36.30%. Use the drawdown chart below to compare losses from any high point for SYBV.DE and EAH.DE.

Drawdown Indicators

	SYBV.DE	EAH.DE	Difference
Max Drawdown Largest peak-to-trough decline	-40.94%	-36.30%	-4.64%
Max Drawdown (1Y) Largest decline over 1 year	-5.56%	-4.72%	-0.84%
Max Drawdown (3Y) Largest decline over 3 years	-10.05%	-7.75%	-2.30%
Max Drawdown (5Y) Largest decline over 5 years	-39.22%	-36.30%	-2.92%
Max Drawdown (10Y) Largest decline over 10 years	-40.94%	—	—
Current Drawdown Current decline from peak	-34.24%	-30.24%	-4.00%
Average Drawdown Average peak-to-trough decline	-16.95%	-25.38%	+8.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.64%	2.20%	+0.44%

Volatility

SYBV.DE vs. EAH.DE - Volatility Comparison

State Street SPDR Bloomberg 10+ Year Euro Government Bond UCITS ETF (Dist) (SYBV.DE) has a higher volatility of 2.14% compared to Amundi Euro Government Green Bond UCITS ETF Acc (EAH.DE) at 1.76%. This indicates that SYBV.DE's price experiences larger fluctuations and is considered to be riskier than EAH.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SYBV.DE	EAH.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.14%	1.76%	+0.38%
Volatility (6M) Calculated over the trailing 6-month period	6.36%	5.36%	+1.00%
Volatility (1Y) Calculated over the trailing 1-year period	8.01%	6.57%	+1.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.29%	10.78%	+1.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.42%	10.74%	-0.32%

SYBV.DE vs. EAH.DE - Expense Ratio Comparison

SYBV.DE has a 0.15% expense ratio, which is lower than EAH.DE's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

SYBV.DE vs. EAH.DE - Dividend Comparison

SYBV.DE's dividend yield for the trailing twelve months is around 3.41%, while EAH.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
EAH.DE Amundi Euro Government Green Bond 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%
SYBV.DE State Street SPDR Bloomberg 10+ Year Euro Government Bond UCITS ETF (Dist)	3.41%	3.31%	2.82%	2.01%	0.89%	0.51%	0.76%	1.23%	1.34%	1.47%	0.59%

Frequently Asked Questions

Can I hold both SYBV.DE and EAH.DE in my portfolio?

With a correlation of 0.97, SYBV.DE and EAH.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, SYBV.DE or EAH.DE?

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

Which ETF is cheaper, SYBV.DE or EAH.DE?

SYBV.DE is cheaper with a 0.15% expense ratio, compared with 0.20% for EAH.DE.

What is the main difference between SYBV.DE and EAH.DE?

SYBV.DE tracks Bloomberg Euro 10+ Year Treasury Bond Index, while EAH.DE tracks Solactive Euro Government Green Bond. They also come from different issuers: State Street and Amundi. Their fees differ too: 0.15% for SYBV.DE and 0.20% for EAH.DE.