Global Government Bond Active UCITS ETF
Global Government Bond Active UCITS ETF
About
Global Government Bond Active UCITS ETF (IE0008P6LL15) is a UCITS-compliant bond ETF tracking the Bloomberg Global Aggregate Treasuries Index Total Return USD Unhedged. With a TER of 0.23%, it is moderately priced, reinvesting dividends. The fund holds 465 positions across 38 regions with 599M in assets, with heavy concentration — 91% 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 | 6.8 | Diversification (45%) · Cost (30%) · Liquidity (25%) |
| Cost (30%) | 8.4 | Tracking Difference: 9.9 · TD Consistency: — · Expense Ratio (TER): 4.9 |
| Diversification (45%) | 5.5 | Holding Count: 6.7 · Country Concentration: 7.1 · Sector Concentration: 1.2 |
| Liquidity (25%) | 7.3 | Assets Under Management |
Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.
ISIN
Fund Size $598.9M
Issuer JPMorgan
Distribution Re-Invests Dividends
Replication —
Inception Jun 2025
Base Currency USD
Index Bloomberg Global Aggregate Treasuries Index Total Return USD Unhedged
Asset Class Bonds
Category Aggregate Bond
Costs
8.4 This fund has low total costs, with competitive tracking and expense ratios.
TER0.00%
TER0.00%
| Metric | Value |
|---|---|
| TER | 0.23% |
Cumulative Returns
Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
Inception+0.00%
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
Inception+0.00%
| Period | Cumulative Return |
|---|---|
| 1 Month | +0.57% |
| 3 Months | -2.17% |
| 6 Months | -1.08% |
| 1 Year | — |
| 3 Years | — |
| 5 Years | — |
| 10 Years | — |
| YTD | -0.61% |
| Since Inception | +0.28% |
Holdings
6.7 This fund holds 465 individual investments, offering moderate diversification compared to other ETFs.
Sectors
1.2 This fund is concentrated in just a few of its 3 sectors, reducing diversification.
| Sector | Weight |
|---|---|
| Government Bonds | 9116.00% |
| Unknown | 1059.00% |
| Corporate Bonds | 199.00% |
Regions
7.1 This fund invests across 39 countries, though its geographic allocation deviates somewhat from the global market.
| Country | Weight |
|---|---|
| United States | 1640.00% |
| Japan | 1588.00% |
| France | 1150.00% |
| China | 978.00% |
| Mexico | 537.00% |
| Spain | 527.00% |
| Italy | 508.00% |
| Poland | 478.00% |
| United Kingdom | 427.00% |
| UNKNOWN | 311.00% |
| Australia | 221.00% |
| Canada | 220.00% |
| Germany | 183.00% |
| Belgium | 158.00% |
| South Korea | 133.00% |
| Czechia | 100.00% |
| Latvia | 99.00% |
| Hungary | 76.00% |
| SNAT | 75.00% |
| Slovakia | 68.00% |
| Chile | 63.00% |
| Thailand | 59.00% |
| Malaysia | 53.00% |
| Austria | 44.00% |
| Israel | 42.00% |
| Lithuania | 42.00% |
| Portugal | 38.00% |
| Indonesia | 32.00% |
| Singapore | 26.00% |
| New Zealand | 23.00% |
| Switzerland | 21.00% |
| Finland | 17.00% |
| Ireland | 17.00% |
| Sweden | 11.00% |
| Norway | 10.00% |
| Peru | 9.00% |
| Denmark | 8.00% |
| Romania | 6.00% |
| Croatia | 2.00% |
Nerd Stuff
Advanced risk and return metrics (2025-06-03 — 2026-04-17).
1.9%
Volatility
-3.2%
Max Drawdown
-1.03
Sharpe Ratio
-1.44
Sortino Ratio
-0.59
Calmar Ratio
0.23
Beta
-9.38%
Alpha (Jensen's)
0.212
R²
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).
Broker Availability
Where you can buy this ETF.
Trade
€1.00
Savings Plan
Free
Account
Free
Trade
Free
Savings Plan
Free
Account
Free
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