VAGT.DE vs. 18M1.DE
VAGT.DE (Vanguard USD Treasury Bond UCITS ETF Accumulating) and 18M1.DE (Amundi Euro Government Bond 0-6 M UCITS ETF (Acc)) are both Government Bonds funds - VAGT.DE tracks the Bloomberg Global Aggregate US Treasury Float Adjusted Index while 18M1.DE tracks the FTSE Eurozone Government Bill 0-6 Month Capped Index. Both are passively managed. Over the past 3 years, VAGT.DE returned 2.23%/yr vs 2.77%/yr for 18M1.DE. At a 0.00 correlation, their price movements are largely independent. VAGT.DE charges 0.05%/yr vs 0.14%/yr for 18M1.DE.
Performance
VAGT.DE vs. 18M1.DE - Performance Comparison
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Returns By Period
In the year-to-date period, VAGT.DE achieves a 2.49% return, which is significantly higher than 18M1.DE's 1.06% return.
VAGT.DE
- 1D
- 0.00%
- 1M
- 1.04%
- 6M
- 1.39%
- YTD
- 2.49%
- 1Y
- 4.86%
- 3Y*
- 2.23%
- 5Y*
- —
- 10Y*
- —
18M1.DE
- 1D
- 0.04%
- 1M
- 0.21%
- 6M
- 0.95%
- YTD
- 1.06%
- 1Y
- 1.89%
- 3Y*
- 2.77%
- 5Y*
- 1.74%
- 10Y*
- 0.52%
VAGT.DE vs. 18M1.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
VAGT.DE Vanguard USD Treasury Bond UCITS ETF Accumulating | 2.49% | -5.48% | 6.40% | -0.47% |
18M1.DE Amundi Euro Government Bond 0-6 M UCITS ETF (Acc) | 1.06% | 2.05% | 3.53% | 2.65% |
Correlation
The correlation between VAGT.DE and 18M1.DE is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Mar 9, 2023 | 0.00 |
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Return for Risk
VAGT.DE vs. 18M1.DE — Risk / Return Rank
VAGT.DE
18M1.DE
VAGT.DE vs. 18M1.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard USD Treasury Bond UCITS ETF Accumulating (VAGT.DE) and Amundi Euro Government Bond 0-6 M UCITS ETF (Acc) (18M1.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.
| VAGT.DE | 18M1.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.17 | ||
| Sortino ratioReturn per unit of downside risk | -7.67 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 2.29 | -1.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.22 | 29.27 | -28.05 |
| Martin ratioReturn relative to average drawdown | 3.14 | 105.96 | -102.82 |
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Drawdowns
VAGT.DE vs. 18M1.DE - Drawdown Comparison
The maximum VAGT.DE drawdown since its inception was -11.03%, which is greater than 18M1.DE's maximum drawdown of -4.83%. Use the drawdown chart below to compare losses from any high point for VAGT.DE and 18M1.DE.
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Drawdown Indicators
| VAGT.DE | 18M1.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.03% | -4.83% | -6.20% |
Max Drawdown (1Y)Largest decline over 1 year | -4.00% | -0.06% | -3.94% |
Max Drawdown (3Y)Largest decline over 3 years | -11.03% | -0.13% | -10.90% |
Max Drawdown (5Y)Largest decline over 5 years | — | -1.00% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -4.29% | — |
Current DrawdownCurrent decline from peak | -5.90% | 0.00% | -5.90% |
Average DrawdownAverage peak-to-trough decline | -5.06% | -1.37% | -3.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.55% | 0.02% | +1.53% |
Volatility
VAGT.DE vs. 18M1.DE - Volatility Comparison
Vanguard USD Treasury Bond UCITS ETF Accumulating (VAGT.DE) has a higher volatility of 1.59% compared to Amundi Euro Government Bond 0-6 M UCITS ETF (Acc) (18M1.DE) at 0.08%. This indicates that VAGT.DE's price experiences larger fluctuations and is considered to be riskier than 18M1.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VAGT.DE | 18M1.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.59% | 0.08% | +1.51% |
Volatility (6M)Calculated over the trailing 6-month period | 3.82% | 0.28% | +3.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.54% | 0.37% | +5.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.27% | 0.40% | +6.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.27% | 0.48% | +6.79% |
VAGT.DE vs. 18M1.DE - Expense Ratio Comparison
VAGT.DE has a 0.05% expense ratio, which is lower than 18M1.DE's 0.14% 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
VAGT.DE vs. 18M1.DE - Dividend Comparison
Neither VAGT.DE nor 18M1.DE has paid dividends to shareholders.
Frequently Asked Questions
VAGT.DE and 18M1.DE have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VAGT.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VAGT.DE is cheaper with a 0.05% expense ratio, compared with 0.14% for 18M1.DE.
VAGT.DE tracks Bloomberg Global Aggregate US Treasury Float Adjusted Index, while 18M1.DE tracks FTSE Eurozone Government Bill 0-6 Month Capped Index. They also come from different issuers: Vanguard and Amundi. Their fees differ too: 0.05% for VAGT.DE and 0.14% for 18M1.DE.
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