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Rebalix
Comparison report · official data side by side

CBDU vs ETFCOR


CBDUAmundi Core EUR Corporate Bond UCITS ETF USD Hedged Acc
LU2977997118 · Bonds · Corporate EUR · Broad (all maturities) · Global
ETFCORAmundi Core EUR Corporate Bond UCITS ETF Dist
LU1931975079 · Bonds · Corporate EUR · Broad (all maturities) · Global
Open the interactive comparison on rebalix.com →

Comparison window: 7 Mar 20258 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.

RebalixCBDU vs ETFCOR · report of 10 September 2026

The funds at a glance

From official issuer documents and the ESMA register
CBDULU2977997118Amundi Core EUR Corporate Bond UCITS ETF USD Hedged AccBonds · Corporate EUR · Broad (all maturities) · Global
Declared index
Bloomberg Euro Aggregate Corporate Total Return Index Value Unhedged EUR
TER
0.09%
Transaction (KID)
0.06%
Fund size
54 mln EUR
Launch
4 Mar 2025
Currency
USD
Replication
Physical
Hedging
Yes — in USD
Holdings
4,178
Duration
4.28 yrs
Distributions 12m
acc.
Effective 🇮🇹 rate
26.00%
ETFCORLU1931975079Amundi Core EUR Corporate Bond UCITS ETF DistBonds · Corporate EUR · Broad (all maturities) · Global
Declared index
Bloomberg Euro Aggregate Corporate Total Return Index Value Unhedged EUR
TER
0.07%
Transaction (KID)
0.06%
Fund size
1.3 mld EUR
Launch
5 Feb 2019
Currency
EUR
Replication
Physical
Hedging
No
Holdings
4,178
Duration
4.28 yrs
Distributions 12m
0.48 EUR
Effective 🇮🇹 rate
26.00%

Tracking difference — year by year

Fund minus index, from issuer-declared series (complete calendar years). Each measures adherence to its OWN index.
CBDUn/d
hedged class: the published index is unhedged, the gap would measure the exchange rate
ETFCOR3y avg: −0.09%/anno
2025
−0.04%
2024
−0.10%
2023
−0.14%
2022
−0.23%
2021
−0.16%
2020
−0.26%
Rebalix · CBDU vs ETFCORsection 1 of 4
RebalixCBDU vs ETFCOR · report of 10 September 2026
CBDUAmundi Core EUR Corporate Bond UCITS ETF USD Hedged Acc · LU2977997118 · Bonds · Corporate EUR · Broad (all maturities) · Global
ETFCORAmundi Core EUR Corporate Bond UCITS ETF Dist · LU1931975079 · Bonds · Corporate EUR · Broad (all maturities) · Global

Performance over the period, in euro

From 7 Mar 2025 to 8 Sept 2026 · base 100 · ECB rates, dividends reinvested where declared
In euro (nominal)
1001059499103
In today’s purchasing power (net of Italy inflation)
1001059497101
CBDUETFCOR
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%-2%-4%-6%-8%-10%CBDUETFCOR2026trough CBDU: −6.5% · 01 Jul 2025trough ETFCOR: −4.3% · 27 Mar 2026
Filled area: CBDU; thin lines: the other funds.
The worst episode, fund by fund
FundMax drawdownTroughRecovery timeUnderwater
CBDU−6.5%01 Jul 2025352 days443 days · back to break-even on 18 Jun 2026
ETFCOR−4.3%27 Mar 2026not yet314 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%-2%-4%-6%-8%-10%CBDUETFCOR2026trough CBDU: −6.8% · 14 Apr 2026trough ETFCOR: −6.6% · 07 Apr 2026
In real terms declines are deeper and recoveries slower. Monthly price index (Eurostat), held at the last published value.
Rebalix · CBDU vs ETFCORsection 2 of 4
RebalixCBDU vs ETFCOR · report of 10 September 2026
CBDUAmundi Core EUR Corporate Bond UCITS ETF USD Hedged Acc · LU2977997118 · Bonds · Corporate EUR · Broad (all maturities) · Global
ETFCORAmundi Core EUR Corporate Bond UCITS ETF Dist · LU1931975079 · Bonds · Corporate EUR · Broad (all maturities) · Global

Geographic composition

% of portfolio, from full declared holdings
CBDUETFCORUnited States22.3%22.3%France18.3%18.3%Germany13.0%13.0%United Kingdom8.4%8.4%

Sector composition

GICS sectors, same sources and dates
CBDUETFCORFinancials44.0%44.0%Consumer Discretionary10.0%10.0%Utilities8.7%8.7%Industrials7.8%7.8%Communications7.5%7.5%Consumer Staples7.1%7.1%Health Care6.2%6.2%Materials3.9%3.9%

Portfolio overlap

4,178 common holdings · ticker match on full official portfolios
25%50%75%100%Weight of common holdings in CBDU100.4%Weight of common holdings in ETFCOR100.4%Truly shared part (duplicated investment)100.4%
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 4,178 common holdings this gives 100.4%: 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 · CBDU vs ETFCORsection 3 of 4
RebalixCBDU vs ETFCOR · report of 10 September 2026

Full comparison table

"—" = not published by the source, never estimated
CBDUAmundi Core EUR Corporate Bond UCITS ETF USD Hedged Acc · LU2977997118 · Bonds · Corporate EUR · Broad (all maturities) · Global
ETFCORAmundi Core EUR Corporate Bond UCITS ETF Dist · LU1931975079 · Bonds · Corporate EUR · Broad (all maturities) · Global
MetricCBDUETFCORNote
Identity
CategoryBonds · Corporate EUR · Broad (all maturities) · GlobalBonds · Corporate EUR · Broad (all maturities) · GlobalRebalix engine classification
ReplicationPhysicalPhysicalas declared by the issuer
Currency hedgingYes — hedged to USDNosource: class name, factsheet
Income policyaccumulatingdistributing
Costs
TER0.09%0.07%from the KID
Transaction costs (KID)0.06%0.06%internal
All-in cost0.15%0.13%TER + transaction
Tracking difference (3a)−0.09%vs its OWN index
Performance in euro (ECB rates)
1 year+2.9%+0.3%
3 years+13.1%
5 years−1.4%
10 years— = series younger than the window
Risk · last 3 years
Volatility (ann.)+3.62%
Max drawdown−4.25%
Sharpe-0.32risk-free = ECB MRO avg
Sortino-0.39like Sharpe, downside only
Fixed income
Duration4.28 yrs (mod.)4.28 yrs (mod.)CBDU: factsheet 31 Jul 2026 · ETFCOR: factsheet 31 Jul 2026
Duration bandmedium (3–7 years)medium (3–7 years)short ≤3 · medium 3–7 · long >7 yrs
Investment-grade share99.4%99.4%BBB−/Baa3 and above
Heaviest rating bucketBBB (48.7%)BBB (48.7%)
Most represented maturity5 years (32.0%)5 years (32.0%)
Distributions (fund currency)
Frequencyaccumulating classannual
Distributions, last 12 monthsaccumulating class0.48 EURper share
Distribution yieldaccumulating class2.56%12 months / NAV
Last ex-dateaccumulating class9 Dec 2025 · 0.48 EUR
Italian taxation
Effective capital-gains rate26.00%26.00%white list, current half-year
Documents & exchanges
Listing venues29ESMA register
Borsa Italiana tickerETFCOR
Indicative cumulative cost: on 10,000 euro over 5 years (stated assumption: 5%/yr growth, cost = TER + transaction) ~93 euro CBDU · ~80 euro ETFCOR. 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 · CBDU vs ETFCORsection 4 of 4