Amundi Euro Corporate Bond vs Xtrackers II EUR Overnight Rate Swap
Amundi Euro Corporate Bond tracks Markit iBoxx Euro Corporate and Xtrackers II EUR Overnight Rate Swap tracks €STR (mercado monetario). They are realistic alternatives for the same slot in a portfolio, but because the indices are different nobody can tell you in advance which will return more. What can be compared objectively is the cost, the replication method, the domicile and how each one is structured — and that is what this page does.
What each one tracks
This is the underlying difference: they do not follow the same index, so their returns will diverge.
Amundi Euro Corporate Bond
Markit iBoxx Euro Corporate
Xtrackers II EUR Overnight Rate Swap
€STR (mercado monetario)
Comparison
| Amundi Euro Corporate Bond | Xtrackers II EUR Overnight Rate Swap | |
|---|---|---|
| Index | Markit iBoxx Euro Corporate | €STR (mercado monetario) |
| TER | 0.16% | 0.10% |
| Hist. return* | ~2.5% | ~2.5% |
| Replication | Physical | Synthetic |
| Distribution | Accumulating | Accumulating |
| Domicile | Luxemburgo | Luxemburgo |
| Currency | EUR | EUR |
| Risk | 2/7 | 1/7 |
| ISIN | FR0010754119 | LU0290358497 |
What the fee gap actually costs
Applying the SAME 7% gross return to both and contributing €300/month, the only thing moving the result is the TER. This is not a return forecast: it is how much the fee weighs.
| Horizon | Amundi Euro Corporate Bond | Xtrackers II EUR Overnight Rate Swap | Difference |
|---|---|---|---|
| 10 years | €51,764 | €51,938 | €173 |
| 20 years | €154,151 | €155,282 | €1,131 |
| 30 years | €356,666 | €360,914 | €4,249 |
Xtrackers II EUR Overnight Rate Swap is the cheaper of the two. Remember they track different indices: cost is one factor, not the verdict.
Nobody can know which will perform better: they track different indices and past performance is not a prediction. What is objective today is the cost, the replication, the domicile and the distribution policy.
Compare your own portfolio too
Create a free account to track your real portfolio against these indices, save your favorite comparisons, and bookmark the funds you care about.
Create free accountFrequently asked questions
What is the difference between Amundi Euro Corporate Bond and Xtrackers II EUR Overnight Rate Swap?+
They track different indices: Amundi Euro Corporate Bond follows Markit iBoxx Euro Corporate and Xtrackers II EUR Overnight Rate Swap follows €STR (mercado monetario). They also differ in cost (0.16% vs 0.10% TER), replication (physical vs synthetic) and domicile (Luxemburgo vs Luxemburgo).
Which one will perform better?+
Nobody can know that: they track different indices, so their returns will diverge, and past index performance is not a prediction. What you can control today is the cost, the tax structure and whether the index actually covers what you want exposure to.
Which one is cheaper?+
Xtrackers II EUR Overnight Rate Swap has the lower annual fee. Applying the same 7% gross return to both with €300/month, that fee gap alone is worth about €1,131 after 20 years — that part is arithmetic, not a forecast.
Accumulating or distributing?+
Both are accumulating, so on this point there is no difference between them.
Can I hold both?+
Yes. Unlike two funds tracking the identical index, these give you genuinely different exposure, so holding both is not automatically redundant — just be aware you may end up overlapping on the largest companies and doubling your rebalancing work.
Other alternatives in the same category
Amundi Euro Corporate Bond vs Amundi Euro Government Bond 3-5y
Amundi Euro Corporate Bond vs Amundi Floating Rate USD Corporate
Amundi Euro Corporate Bond vs Amundi US Treasury Bond 7-10Y
Amundi Euro Corporate Bond vs Franklin Euro Green Bond
Amundi Euro Corporate Bond vs Invesco US Treasury Bond 7-10 Year
Amundi Euro Corporate Bond vs iShares Core Global Aggregate Bond EUR-H