AGGH: iShares Core Global Aggregate Bond UCITS ETF EUR Hedged (Acc) returns, drawdowns and risk
Broad bond funds that mix government, corporate and mortgage bonds in one holding.
Data updated October 2026
AGGH · Borsa Italiana · EURCategory: Aggregate bond ETFsData from June 2019
From June 2019 to October 2026 AGGH returned 0.8% a year on average with dividends reinvested, in euros: €10,000 invested at the start was worth €9,438.
Its deepest fall was 17.8%, from January 2021 to October 2023, and it has not yet returned to the previous high. Annual volatility was 4.5%; at the last close it was 10.5% below its high.
Against VWCE (Vanguard FTSE All-World UCITS ETF (Acc)), over the 87 months both have data, the correlation of monthly returns was 0.39: they moved together only in part. Beta was 0.14. In months when VWCE rose, AGGH moved 8% as much on average; in months when VWCE fell, 24% as much.
Key figures
- Annual return (CAGR)
- −0.8%
- 1-year return
- −2.6%
- 5 years, a year
- −1.6%
- 10 years, a year
- —
- Annual volatility
- 4.5%
- Maximum drawdown
- −17.8%
- Sharpe ratio
- -0.45
- Worst year
- 2022: −13.4%
Trailing returns
| Period | AGGH | VWCE |
|---|---|---|
| 1 year | −2.6% | +22.0% |
| 3 years, a year | +2.9% | +19.5% |
| 5 years, a year | −1.6% | +11.5% |
To the last close of October 2026. Periods longer than a year are annualised.
Growth of €10,000: AGGH vs VWCE
Month-end values from August 2019, the first month both funds have data.
AGGH drawdowns
Percentage below the previous high, weekly.
Returns by calendar year
| Year | AGGH | VWCE |
|---|---|---|
| 2026(partial) | −2.1% | +17.5% |
| 2025 | +2.4% | +9.2% |
| 2024 | +1.7% | +24.4% |
| 2023 | +4.5% | +18.2% |
| 2022 | −13.4% | −13.5% |
| 2021 | −2.7% | +28.6% |
| 2020 | +3.9% | +5.4% |
| 2019(partial) | +1.3% | — |
AGGH compared
How the figures are calculated
Total return in the fund’s trading currency, from end-of-day prices with dividends reinvested on the ex-date. The fund’s own ongoing charges are already reflected in its price; trading costs, taxes and currency conversion are not included. Past returns do not predict future returns.
Sharpe ratio uses the return of short-term government bills in the same currency as the risk-free rate. The growth chart uses month-end values; drawdowns and volatility use daily closes.
Questions
What is the average annual return of AGGH?
From June 2019 to October 2026 AGGH returned 0.8% a year on average (CAGR) with dividends reinvested, in EUR. Over the last 5 years: −1.6% a year. Over the last 12 months: −2.6%.
What was the worst drawdown of AGGH?
17.8%, from January 2021 to October 2023; it has not yet returned to the previous high.
How volatile is AGGH?
Annual volatility was 4.5% over the period. Its worst month was −3.4% and 52% of months were positive. Worst calendar year: 2022 (−13.4%).
How closely does AGGH follow VWCE?
Over 87 months the correlation of monthly returns was 0.39, so they moved together only in part, with a beta of 0.14.
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Other Aggregate bond ETFs
Source: MarketStack end-of-day prices, total return with dividends reinvested. Figures are historical and descriptive; they are not forecasts and not investment advice. MEDGE Capital does not recommend buying or selling any instrument. Risk disclaimer.