VGEA.DE vs. EGV3.DE
VGEA.DE (Vanguard EUR Eurozone Government Bond UCITS ETF Accumulating) and EGV3.DE (Amundi Euro Government Bond 1-3Y UCITS ETF Dist) are both European Government Bonds funds - VGEA.DE tracks the Bloomberg Euro Aggregate Treasury while EGV3.DE tracks the Bloomberg Euro Treasury 50bn 1-3 Year Bond. Both are passively managed. Over the past 5 years, VGEA.DE returned -1.94%/yr vs 0.63%/yr for EGV3.DE. Their correlation of 0.82 suggests significant overlap in exposure. VGEA.DE charges 0.07%/yr vs 0.17%/yr for EGV3.DE.
Performance
VGEA.DE vs. EGV3.DE - Performance Comparison
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Returns By Period
In the year-to-date period, VGEA.DE achieves a 1.25% return, which is significantly higher than EGV3.DE's 0.39% return.
VGEA.DE
- 1D
- 0.08%
- 1M
- 0.87%
- YTD
- 1.25%
- 6M
- 1.42%
- 1Y
- 1.29%
- 3Y*
- 2.50%
- 5Y*
- -1.94%
- 10Y*
- —
EGV3.DE
- 1D
- 0.06%
- 1M
- 0.32%
- YTD
- 0.39%
- 6M
- 0.51%
- 1Y
- 1.04%
- 3Y*
- 2.72%
- 5Y*
- 0.63%
- 10Y*
- —
VGEA.DE vs. EGV3.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
VGEA.DE Vanguard EUR Eurozone Government Bond UCITS ETF Accumulating | 1.25% | 0.67% | 1.54% | 6.93% | -18.29% | -3.31% | 1.61% |
EGV3.DE Amundi Euro Government Bond 1-3Y UCITS ETF Dist | 0.39% | 2.11% | 3.01% | 3.26% | -4.94% | -0.89% | 0.01% |
Correlation
The correlation between VGEA.DE and EGV3.DE is 0.80, 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 | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.81 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Sep 17, 2020 | 0.82 |
The correlation between VGEA.DE and EGV3.DE has been stable across timeframes, ranging from 0.80 to 0.84 - a consistent structural relationship.
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Return for Risk
VGEA.DE vs. EGV3.DE — Risk / Return Rank
VGEA.DE
EGV3.DE
VGEA.DE vs. EGV3.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard EUR Eurozone Government Bond UCITS ETF Accumulating (VGEA.DE) and Amundi Euro Government Bond 1-3Y UCITS ETF Dist (EGV3.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.
| VGEA.DE | EGV3.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.49 | ||
| Sortino ratioReturn per unit of downside risk | -0.74 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.16 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.37 | 0.87 | -0.49 |
| Martin ratioReturn relative to average drawdown | 0.96 | 2.60 | -1.64 |
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Drawdowns
VGEA.DE vs. EGV3.DE - Drawdown Comparison
The maximum VGEA.DE drawdown since its inception was -22.35%, which is greater than EGV3.DE's maximum drawdown of -6.45%. Use the drawdown chart below to compare losses from any high point for VGEA.DE and EGV3.DE.
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Drawdown Indicators
| VGEA.DE | EGV3.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.35% | -6.45% | -15.90% |
Max Drawdown (1Y)Largest decline over 1 year | -3.47% | -1.20% | -2.27% |
Max Drawdown (3Y)Largest decline over 3 years | -3.92% | -1.20% | -2.72% |
Max Drawdown (5Y)Largest decline over 5 years | -21.48% | -6.05% | -15.43% |
Current DrawdownCurrent decline from peak | -12.92% | -0.17% | -12.75% |
Average DrawdownAverage peak-to-trough decline | -10.35% | -1.97% | -8.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.35% | 0.40% | +0.95% |
Volatility
VGEA.DE vs. EGV3.DE - Volatility Comparison
Vanguard EUR Eurozone Government Bond UCITS ETF Accumulating (VGEA.DE) has a higher volatility of 1.03% compared to Amundi Euro Government Bond 1-3Y UCITS ETF Dist (EGV3.DE) at 0.34%. This indicates that VGEA.DE's price experiences larger fluctuations and is considered to be riskier than EGV3.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VGEA.DE | EGV3.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.03% | 0.34% | +0.69% |
Volatility (6M)Calculated over the trailing 6-month period | 3.67% | 1.23% | +2.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.37% | 1.33% | +3.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.40% | 1.68% | +4.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.92% | 1.57% | +4.35% |
VGEA.DE vs. EGV3.DE - Expense Ratio Comparison
VGEA.DE has a 0.07% expense ratio, which is lower than EGV3.DE's 0.17% 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
VGEA.DE vs. EGV3.DE - Dividend Comparison
VGEA.DE has not paid dividends to shareholders, while EGV3.DE's dividend yield for the trailing twelve months is around 1.56%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
EGV3.DE Amundi Euro Government Bond 1-3Y UCITS ETF Dist | 1.56% | 1.57% | 1.36% | 1.13% | 1.46% | 2.49% | 0.95% |
VGEA.DE Vanguard EUR Eurozone Government Bond UCITS ETF Accumulating | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
VGEA.DE and EGV3.DE have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VGEA.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VGEA.DE is cheaper with a 0.07% expense ratio, compared with 0.17% for EGV3.DE.
VGEA.DE tracks Bloomberg Euro Aggregate Treasury, while EGV3.DE tracks Bloomberg Euro Treasury 50bn 1-3 Year Bond. They also come from different issuers: Vanguard and Amundi. Their fees differ too: 0.07% for VGEA.DE and 0.17% for EGV3.DE.
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