UINF.DE vs. SYBY.DE
UINF.DE (Amundi Euro Inflation Expectations 2-10Y UCITS ETF (Acc)) and SYBY.DE (State Street SPDR Bloomberg U.S. TIPS UCITS ETF (Dist)) are both Inflation-Protected Bonds funds - UINF.DE tracks the iBoxx EUR Breakeven Euro-Inflation France & Germany Index while SYBY.DE tracks the Bloomberg U.S. Government Inflation-Linked Bond Index. Both are passively managed. Over the past 10 years, UINF.DE returned 2.12%/yr vs 1.99%/yr for SYBY.DE. A 0.63 correlation means they provide meaningful diversification when combined. UINF.DE charges 0.25%/yr vs 0.05%/yr for SYBY.DE.
Performance
UINF.DE vs. SYBY.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, UINF.DE achieves a 6.29% return, which is significantly higher than SYBY.DE's 4.10% return. Over the past 10 years, UINF.DE has outperformed SYBY.DE with an annualized return of 2.12%, while SYBY.DE has yielded a comparatively lower 1.99% annualized return.
UINF.DE
- 1D
- -0.07%
- 1M
- 1.52%
- 6M
- 4.27%
- YTD
- 6.29%
- 1Y
- 4.53%
- 3Y*
- 4.38%
- 5Y*
- 5.52%
- 10Y*
- 2.12%
SYBY.DE
- 1D
- 0.56%
- 1M
- 1.04%
- 6M
- 2.53%
- YTD
- 4.10%
- 1Y
- 4.95%
- 3Y*
- 3.04%
- 5Y*
- 1.08%
- 10Y*
- 1.99%
UINF.DE vs. SYBY.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UINF.DE Amundi Euro Inflation Expectations 2-10Y UCITS ETF (Acc) | 6.29% | -8.21% | 12.68% | 1.01% | 9.16% | 18.53% | -8.28% | 3.58% | 3.75% | -12.00% |
SYBY.DE State Street SPDR Bloomberg U.S. TIPS UCITS ETF (Dist) | 4.10% | -5.00% | 7.62% | -0.07% | -7.04% | 14.66% | 1.22% | 11.32% | 3.18% | -9.26% |
Correlation
The correlation between UINF.DE and SYBY.DE is 0.71, 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 | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.62 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since May 19, 2016 | 0.63 |
The correlation between UINF.DE and SYBY.DE has been stable across timeframes, ranging from 0.62 to 0.71 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
UINF.DE vs. SYBY.DE — Risk / Return Rank
UINF.DE
SYBY.DE
UINF.DE vs. SYBY.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Euro Inflation Expectations 2-10Y UCITS ETF (Acc) (UINF.DE) and State Street SPDR Bloomberg U.S. TIPS UCITS ETF (Dist) (SYBY.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.
| UINF.DE | SYBY.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.21 | ||
| Sortino ratioReturn per unit of downside risk | -0.31 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.15 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.32 | 1.23 | +0.09 |
| Martin ratioReturn relative to average drawdown | 2.74 | 3.34 | -0.60 |
Loading charts...
Drawdowns
UINF.DE vs. SYBY.DE - Drawdown Comparison
The maximum UINF.DE drawdown since its inception was -16.94%, roughly equal to the maximum SYBY.DE drawdown of -16.23%. Use the drawdown chart below to compare losses from any high point for UINF.DE and SYBY.DE.
Loading charts...
Drawdown Indicators
| UINF.DE | SYBY.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.94% | -16.23% | -0.71% |
Max Drawdown (1Y)Largest decline over 1 year | -3.41% | -4.00% | +0.59% |
Max Drawdown (3Y)Largest decline over 3 years | -12.26% | -10.80% | -1.46% |
Max Drawdown (5Y)Largest decline over 5 years | -12.49% | -15.32% | +2.83% |
Max Drawdown (10Y)Largest decline over 10 years | -16.94% | -15.84% | -1.10% |
Current DrawdownCurrent decline from peak | -5.58% | -7.03% | +1.45% |
Average DrawdownAverage peak-to-trough decline | -7.53% | -6.96% | -0.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.64% | 1.48% | +0.16% |
Volatility
UINF.DE vs. SYBY.DE - Volatility Comparison
Amundi Euro Inflation Expectations 2-10Y UCITS ETF (Acc) (UINF.DE) has a higher volatility of 1.47% compared to State Street SPDR Bloomberg U.S. TIPS UCITS ETF (Dist) (SYBY.DE) at 1.33%. This indicates that UINF.DE's price experiences larger fluctuations and is considered to be riskier than SYBY.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UINF.DE | SYBY.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.47% | 1.33% | +0.14% |
Volatility (6M)Calculated over the trailing 6-month period | 5.16% | 4.06% | +1.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.07% | 5.88% | +1.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.87% | 8.33% | +0.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.20% | 8.00% | +0.20% |
UINF.DE vs. SYBY.DE - Expense Ratio Comparison
UINF.DE has a 0.25% expense ratio, which is higher than SYBY.DE's 0.05% 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
UINF.DE vs. SYBY.DE - Dividend Comparison
UINF.DE has not paid dividends to shareholders, while SYBY.DE's dividend yield for the trailing twelve months is around 4.35%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
SYBY.DE State Street SPDR Bloomberg U.S. TIPS UCITS ETF (Dist) | 4.35% | 3.65% | 3.92% | 4.33% | 7.80% | 3.17% | 0.81% | 1.79% | 2.79% | 1.92% | 1.28% |
UINF.DE Amundi Euro Inflation Expectations 2-10Y 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% |
Frequently Asked Questions
UINF.DE and SYBY.DE have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SYBY.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SYBY.DE is cheaper with a 0.05% expense ratio, compared with 0.25% for UINF.DE.
UINF.DE tracks iBoxx EUR Breakeven Euro-Inflation France & Germany Index, while SYBY.DE tracks Bloomberg U.S. Government Inflation-Linked Bond Index. They also come from different issuers: Amundi and State Street. Their fees differ too: 0.25% for UINF.DE and 0.05% for SYBY.DE.
Find the right allocation for UINF.DE and SYBY.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer