EUR Aggregate Bond Active UCITS ETF

EUR Aggregate Bond Active UCITS ETF

About

EUR Aggregate Bond Active UCITS ETF (IE00049TNTV6) is a UCITS-compliant bond ETF tracking the Bloomberg Euro Aggregate Index Total Return EUR Unhedged. With a TER of 0.3%, it is moderately priced, reinvesting dividends. The fund holds 161 positions across 20 regions with 40M in assets, with heavy concentration — 50% in government bonds.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database. Last updated: Jul 2, 2026
Component Score Details
Overall 5.9 Diversification (45%) · Cost (30%) · Liquidity (25%)
Cost (30%) 8.2 Tracking Difference: 10.0 · TD Consistency: — · Expense Ratio (TER): 3.9
Diversification (45%) 5.1 Holding Count: 4.8 · Country Concentration: 5.5 · Sector Concentration: 4.7
Liquidity (25%) 4.6 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

ISIN
Fund Size €40.3M
Issuer JPMorgan
Distribution Re-Invests Dividends
Replication
Inception Jan 2025
Base Currency EUR
Index Bloomberg Euro Aggregate Index Total Return EUR Unhedged
Asset Class Bonds
Category Aggregate Bond

Costs

8.2
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What TER, tracking difference, and TD consistency measure

TER (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures TER plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.

TER0.00%
 
Metric Value
TER 0.30%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month +1.39%
3 Months -1.32%
6 Months +0.10%
1 Year +1.67%
3 Years
5 Years
10 Years
YTD +0.47%
Since Inception +3.10%

Holdings

4.8
With only 161 individual holdings, this fund is relatively concentrated compared to other ETFs.
#1
F
French Republic Government Bond OAT
9.20%
#2
I
Italy Buoni Poliennali Del Tesoro
6.57%
#3
B
Bundesrepublik Deutschland Bundesanleihe
5.65%
#4
H
Hellenic Republic Government Bond
5.42%
#5
B
Bundesobligation
5.23%
#6
B
Bundesobligation
2.92%
#7
N
Netherlands Government Bond
2.79%
#8
I
Italy Buoni Poliennali Del Tesoro
2.59%
#9
E
European Union
1.89%
#10
S
Spain Government Bond
1.87%

Sectors

4.7
This fund is concentrated in just a few of its 8 sectors, reducing diversification.
 
Sector Weight
Government Bonds 4970.00%
Corporate Bonds 3555.00%
Unknown 856.00%
Financials 450.00%
Utilities 150.00%
Consumer Discretionary 51.00%
Consumer Staples 36.00%
Materials 22.00%

Regions

5.5
This fund invests across 21 countries, though its geographic allocation deviates somewhat from the global market.
 
Country Weight
Germany 2143.00%
France 1569.00%
Italy 1261.00%
United States 696.00%
Greece 695.00%
UNKNOWN 676.00%
Netherlands 669.00%
Spain 661.00%
United Kingdom 641.00%
SNAT 211.00%
Luxembourg 189.00%
Ireland 131.00%
Belgium 87.00%
Denmark 54.00%
Jersey 54.00%
Australia 53.00%
Canada 52.00%
Switzerland 50.00%
Japan 48.00%
Saudi Arabia 35.00%
South Korea 25.00%

Nerd Stuff

Advanced risk and return metrics (2025-01-20 — 2026-04-17).
2.9%
Volatility
-3.9%
Max Drawdown
-0.42
Sharpe Ratio
-0.57
Sortino Ratio
-0.31
Calmar Ratio
0.01
Beta
-0.19%
Alpha (Jensen's)
0.001
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).

Documents

Regulatory and fund documents.

Broker Availability

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