Overview: The iShares Global Corp Bond EUR Hedged UCITS ETF Dist is an exchange-traded fund that aims to replicate the performance of an index composed of investment-grade corporate bonds issued by companies located in both emerging and developed markets. This fund is designed to provide diversified exposure to corporate bonds while incorporating a hedge against currency fluctuations, making it particularly suitable for euro investors.
Benefits: This ETF has several strengths, including its ability to offer exposure to a wide range of high-quality corporate bonds, which can contribute to portfolio diversification. Additionally, the euro hedge helps to reduce currency risk, which is an advantage for European investors. By investing in corporate bonds, this ETF can also provide the potential for higher returns compared to government bonds, while maintaining a relatively moderate level of risk.
Risks: Like any investment in bonds, this ETF is subject to risks, including credit risk, which pertains to the issuers' ability to meet their obligations. Furthermore, the volatility of the bond markets can affect the value of the securities held by the fund. Interest rate fluctuations can also negatively impact bond performance, and while the hedge against currency risk is a benefit, it may also incur additional costs.
Investor Profile: This ETF is primarily suitable for investors seeking exposure to corporate bonds while wishing to minimize currency risk. It may be particularly appealing to those looking to diversify their portfolio with fixed-income assets, while being aware of the risks associated with this type of investment. Investors with a medium to long-term investment horizon may find this ETF aligned with their financial goals.
Total Annual Returns, Including Dividends
The drawdown measures the decline in price from its historical high. It helps assess the fund's downside risk. The calculation includes dividends.
| Volatility | Max drawdown | Sharpe ratio | |
|---|---|---|---|
| 1 year | |||
| 3 years | |||
| 10 years | |||
| Max |