Amundi Core Global Government Bond UCITS ETF USD Hedged Acc

Amundi Core Global Government Bond UCITS ETF USD Hedged Acc

About

Amundi Core Global Government Bond UCITS ETF USD Hedged Acc (LU2469335538) is a UCITS-compliant bond ETF tracking the JPM GBI Global TR Level Unhedged EUR. With a TER of 0.22%, it is moderately priced, reinvesting dividends. The fund holds 1,124 positions across 13 regions with €300,350 in assets, with heavy concentration — 51% in United States, 100% in government bonds.

ISIN
Fund Size €300.4K
Issuer Amundi
Distribution Re-Invests Dividends
Replication Physical
Inception Jun 2022
Base Currency USD
Index JPM GBI Global TR Level Unhedged EUR
Asset Class Bonds
Category Global Government 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%
Tracking Difference0.00%
TD Consistency0.00%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%

Holdings

8.0
This fund spreads its investments across 1,124 individual holdings, providing broad diversification.
#1
United States Treasury Note/Bond
0.00%
#2
Unknown
0.00%
#3
United States Treasury Note/Bond
0.00%
#4
United States Treasury Note/Bond
0.00%
#5
United States Treasury Note/Bond
0.00%
#6
United States Treasury Note/Bond
0.00%
#7
United States Treasury Note/Bond
0.00%
#8
United States Treasury Note/Bond
0.00%
#9
United States Treasury Note/Bond
0.00%
#10
United States Treasury Note/Bond
0.00%

Sectors

1.0
This fund is concentrated in just a few of its 2 sectors, reducing diversification.

Regions

8.3
This fund is well-diversified across 14 countries, closely matching the global market.

Nerd Stuff

Advanced risk and return metrics (2023-06-05 — 2026-05-29).
3.8%
Volatility
-4.0%
Max Drawdown
0.14
Sharpe Ratio
0.20
Sortino Ratio
0.13
Calmar Ratio
0.18
Beta
-5.39%
Alpha (Jensen's)
0.162
R²
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).

Documents

Regulatory and fund documents.
Key Information Document

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