EUR IG Corporate Bond Active UCITS ETF

EUR IG Corporate Bond Active UCITS ETF

About

EUR IG Corporate Bond Active UCITS ETF (IE000WAKWCV7) is a UCITS-compliant bond ETF tracking the Bloomberg Euro Corporate Index. With a TER of 0.04%, it ranks among the lowest-cost options in its category, distributing dividends. The fund holds 417 positions across 21 regions with 751M in assets, with heavy concentration — 82% in corporate 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 7.1 Diversification (45%) · Cost (30%) · Liquidity (25%)
Cost (30%) 9.1 Tracking Difference: 10.0 · TD Consistency: 5.6 · Expense Ratio (TER): 10.0
Diversification (45%) 5.5 Holding Count: 6.4 · Country Concentration: 6.8 · Sector Concentration: 2.0
Liquidity (25%) 7.6 Assets Under Management

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

ISIN
Fund Size €751.1M
Issuer JPMorgan
Distribution Pays Dividends
Replication
Inception Dec 2018
Base Currency EUR
Index Bloomberg Euro Corporate Index
Asset Class Bonds

Costs

9.1
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%
 
Metric Value
TER 0.04%
Tracking Difference (avg) 0.00%
TD Consistency (std dev) 0.13%

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 +0.98%
3 Months -0.49%
6 Months +0.68%
1 Year +2.45%
3 Years
5 Years
10 Years
YTD +0.83%
Since Inception +4.81%

Holdings

6.4
This fund holds 417 individual investments, offering moderate diversification compared to other ETFs.
#1
G
Goldman Sachs Group Inc/The
1.29%
#2
F
Foxconn Singapore Pte Ltd
1.14%
#3
U
UniCredit SpA
1.06%
#4
C
Cash and Cash Equivalent
1.03%
#5
B
BG Energy Capital PLC
0.95%
#6
A
Amcor UK Finance PLC
0.94%
#7
T
T-Mobile USA Inc
0.91%
#8
M
Morgan Stanley
0.81%
#9
C
Commonwealth Bank of Australia
0.81%
#10
B
BNP Paribas SA
0.73%

Sectors

2.0
This fund is concentrated in just a few of its 10 sectors, reducing diversification.
 
Sector Weight
Corporate Bonds 8205.00%
Unknown 737.00%
Financials 647.00%
Utilities 188.00%
Consumer Staples 90.00%
Consumer Discretionary 82.00%
Materials 72.00%
Industrials 51.00%
Real Estate 22.00%
Government Bonds 5.00%

Regions

6.8
This fund invests across 22 countries, though its geographic allocation deviates somewhat from the global market.
 
Country Weight
United States 1883.00%
United Kingdom 1645.00%
France 1019.00%
Netherlands 837.00%
Germany 775.00%
Italy 667.00%
Spain 658.00%
Luxembourg 578.00%
UNKNOWN 539.00%
Ireland 313.00%
Greece 196.00%
Australia 189.00%
Jersey 133.00%
Singapore 114.00%
Switzerland 110.00%
Denmark 86.00%
Japan 79.00%
Belgium 70.00%
Portugal 56.00%
Canada 24.00%
South Korea 21.00%
New Zealand 8.00%

Nerd Stuff

Advanced risk and return metrics (2024-10-14 — 2026-04-17).
2.4%
Volatility
-3.7%
Max Drawdown
-0.86
Sharpe Ratio
-1.07
Sortino Ratio
-0.56
Calmar Ratio
0.00
Beta
-1.90%
Alpha (Jensen's)
0.000
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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