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Rebalix
Comparison report · official data side by side

NADB vs EM1015


NADBAmundi Euro Government Bond 10-15Y UCITS ETF Dist
LU1650489898 · Bonds · Government EUR · 10-15 years · Eurozone
EM1015Amundi Euro Government Bond 10-15Y UCITS ETF Acc
LU1650489385 · Bonds · Government EUR · 10-15 years · Eurozone
Open the interactive comparison on rebalix.com →

Comparison window: 17 Sept 20208 Sept 2026 (max: from the most recent launch) · currency: 🇪🇺 EUR · inflation: 🇮🇹 Italy · distributions: reinvested where declared

Report produced on 10 September 2026 · data as of the dates shown per section
Sources: official issuer documents (KID, factsheet, declared NAV series and holdings), ESMA register, ECB rates, Eurostat
Public methodology: rebalix.com/en/methodology

Informational document generated by rebalix.com — facts side by side, no recommendations. It does not constitute investment advice or investment research under Directive 2014/65/EU (MiFID II). Past performance is not indicative of future results.

RebalixNADB vs EM1015 · report of 10 September 2026

The funds at a glance

From official issuer documents and the ESMA register
NADBLU1650489898Amundi Euro Government Bond 10-15Y UCITS ETF DistBonds · Government EUR · 10-15 years · Eurozone
Declared index
Bloomberg Euro Treasury 50bn 10-15 Year Bond Index
TER
0.15%
Transaction (KID)
0.01%
Fund size
21 mln EUR
Launch
17 Sept 2020
Currency
EUR
Replication
Physical
Hedging
No
Holdings
54
Duration
9.96 yrs
Distributions 12m
3.67 EUR
Effective 🇮🇹 rate
12.59%
EM1015LU1650489385Amundi Euro Government Bond 10-15Y UCITS ETF AccBonds · Government EUR · 10-15 years · Eurozone
Declared index
Bloomberg Euro Treasury 50bn 10-15 Year Bond Index
TER
0.15%
Transaction (KID)
0.01%
Fund size
1 mld EUR
Launch
23 Nov 2017
Currency
EUR
Replication
Physical
Hedging
No
Holdings
54
Duration
9.96 yrs
Distributions 12m
acc.
Effective 🇮🇹 rate
12.59%

Tracking difference — year by year

Fund minus index, from issuer-declared series (complete calendar years). Each measures adherence to its OWN index.
NADB3y avg: −0.16%/anno
2025
−0.16%
2024
−0.15%
2023
−0.18%
2022
−0.14%
2021
−0.19%
EM10153y avg: −0.16%/anno
2025
−0.16%
2024
−0.15%
2023
−0.18%
2022
−0.14%
2021
−0.19%
2020
−0.23%
Rebalix · NADB vs EM1015section 1 of 4
RebalixNADB vs EM1015 · report of 10 September 2026
NADBAmundi Euro Government Bond 10-15Y UCITS ETF Dist · LU1650489898 · Bonds · Government EUR · 10-15 years · Eurozone
EM1015Amundi Euro Government Bond 10-15Y UCITS ETF Acc · LU1650489385 · Bonds · Government EUR · 10-15 years · Eurozone

Performance over the period, in euro

From 17 Sept 2020 to 8 Sept 2026 · base 100 · ECB rates, dividends reinvested where declared
In euro (nominal)
100103608080
In today’s purchasing power (net of Italy inflation)
100103606464
NADBEM1015
Same scale in both panels: the gap between endpoints is Italian inflation over the period (Eurostat). Volatility stays nominal, as everywhere on the site.

How far they fell — drawdown from peak (nominal)

In euro · distance from the previous peak, day by day, on NAV: for distributing classes it includes ex-dividend drops (slightly deeper than total return)
0%-10%-20%-30%-40%-50%NADBEM1015202120222023202420252026trough NADB: −33.6% · 03 Oct 2023trough EM1015: −30.0% · 03 Oct 2023
Filled area: NADB; thin lines: the other funds.
The worst episode, fund by fund
FundMax drawdownTroughRecovery timeUnderwater
NADB−33.6%03 Oct 2023not yet2,100 days (ongoing)
EM1015−30.0%03 Oct 2023not yet2,097 days (ongoing)
"Recovery time" = the climb only: trough to break-even (0%). "Underwater" = decline + recovery: peak to break-even.

Drawdown net of Italy inflation

Same curve in purchasing-power terms: as on the site, drawdown follows the real view (volatility stays nominal, per methodology)
0%-10%-20%-30%-40%-50%NADBEM1015202120222023202420252026trough NADB: −44.2% · 02 Sept 2026trough EM1015: −41.1% · 03 Oct 2023
In real terms declines are deeper and recoveries slower. Monthly price index (Eurostat), held at the last published value.
Rebalix · NADB vs EM1015section 2 of 4
RebalixNADB vs EM1015 · report of 10 September 2026
NADBAmundi Euro Government Bond 10-15Y UCITS ETF Dist · LU1650489898 · Bonds · Government EUR · 10-15 years · Eurozone
EM1015Amundi Euro Government Bond 10-15Y UCITS ETF Acc · LU1650489385 · Bonds · Government EUR · 10-15 years · Eurozone

Geographic composition

% of portfolio, from full declared holdings
NADBEM1015Italy25.6%25.6%France21.2%21.2%Spain18.2%18.2%Germany15.2%15.2%

Sector composition

GICS sectors, same sources and dates
NADBEM1015Government100.0%100.0%

Portfolio overlap

54 common holdings · ticker match on full official portfolios
25%50%75%100%Weight of common holdings in NADB100.0%Weight of common holdings in EM1015100.0%Truly shared part (duplicated investment)100.0%
How the shared part is computed: for each security held by both funds, only the SMALLER of the two weights counts — a stock at 5% in one fund and 1% in the other overlaps by 1%, not 5%. Summed over all 54 common holdings this gives 100.0%: buying both funds, roughly this share of your money buys the same stocks twice. Matching uses the ISIN of each security, as published by both issuers in their baskets.
Rebalix · NADB vs EM1015section 3 of 4
RebalixNADB vs EM1015 · report of 10 September 2026

Full comparison table

"—" = not published by the source, never estimated
NADBAmundi Euro Government Bond 10-15Y UCITS ETF Dist · LU1650489898 · Bonds · Government EUR · 10-15 years · Eurozone
EM1015Amundi Euro Government Bond 10-15Y UCITS ETF Acc · LU1650489385 · Bonds · Government EUR · 10-15 years · Eurozone
MetricNADBEM1015Note
Identity
CategoryBonds · Government EUR · 10-15 years · EurozoneBonds · Government EUR · 10-15 years · EurozoneRebalix engine classification
ReplicationPhysicalPhysicalas declared by the issuer
Currency hedgingNoNosource: class name, factsheet
Income policydistributingaccumulating
Costs
TER0.15%0.15%from the KID
Transaction costs (KID)0.01%0.01%internal
All-in cost0.16%0.16%TER + transaction
Tracking difference (3a)−0.16%−0.16%vs its OWN index
Performance in euro (ECB rates)
1 year−1.8%−1.8%
3 years+6.8%+6.8%
5 years−19.5%−19.5%
10 years−11.1%— = series younger than the window
Risk · last 3 years
Volatility (ann.)+7.51%+7.21%
Max drawdown−9.57%−6.56%
Sharpe-0.38-0.08risk-free = ECB MRO avg
Sortino-0.51-0.11like Sharpe, downside only
Fixed income
Duration9.96 yrs (mod.)9.96 yrs (mod.)NADB: factsheet 31 Jul 2026 · EM1015: factsheet 31 Jul 2026
Duration bandlong (>7 years)long (>7 years)short ≤3 · medium 3–7 · long >7 yrs
Investment-grade share99.7%99.7%BBB−/Baa3 and above
Heaviest rating bucketA (46.2%)A (46.2%)
Most represented maturity10–15 years (100.0%)10–15 years (100.0%)
Distributions (fund currency)
Frequencyannualaccumulating class
Distributions, last 12 months3.67 EURaccumulating classper share
Distribution yield2.73%accumulating class12 months / NAV
Last ex-date9 Dec 2025 · 3.67 EURaccumulating class
Italian taxation
Effective capital-gains rate12.59%12.59%white list, current half-year
Documents & exchanges
Listing venues810ESMA register
Borsa Italiana tickerEM1015
Indicative cumulative cost: on 10,000 euro over 5 years (stated assumption: 5%/yr growth, cost = TER + transaction) ~104 euro NADB · ~104 euro EM1015. Broker costs not included.

Disclaimer

This document is for information only and does not constitute investment advice under Directive 2014/65/EU (MiFID II), investment research, a personal recommendation, or an offer or solicitation to buy or sell financial instruments.

Past performance is not indicative of, nor a guarantee of, future results. The value of an investment can go down as well as up and investors may not get back the capital invested. Euro returns are affected by currency fluctuations.

Before any investment decision, read the KID and the Prospectus, available from the issuers. Tax treatment depends on individual circumstances and may change.

Data come from official issuer documents and public registers, following the public methodology at rebalix.com/en/methodology. "—" fields were not published by the source and have not been estimated. Rebalix receives no compensation from the issuers mentioned.

Rebalix · NADB vs EM1015section 4 of 4