Amundi US Curve steepening 2-10Y UCITS ETF GBP Hedged Dist

Amundi US Curve steepening 2-10Y UCITS ETF GBP Hedged Dist

About

Amundi US Curve steepening 2-10Y UCITS ETF GBP Hedged Dist (LU2018762901) is a UCITS-compliant bond ETF tracking the Solactive USD Daily (x7) Steepener 2-10 GBP Hedged Index. With a TER of 0.35%, it is moderately priced, distributing dividends. The fund holds 120 positions across 14 regions with 4M in assets, with heavy concentration — 65% in government bonds.

ISIN
Fund Size €3.9M
Issuer Amundi
Distribution Pays Dividends
Replication Synthetic
Inception May 2023
Base Currency GBP
Index Solactive USD Daily (x7) Steepener 2-10 GBP Hedged Index
Asset Class Bonds
Category Leveraged Inverse

Costs

6.4
This fund has moderate costs compared to similar ETFs.

Cost Metrics Explained

What TER, tracking difference, and TD consistency measure

TER (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures TER plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.
TER0.00%
Tracking Difference0.00%
TD Consistency0.00%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%

Holdings

4.1
With only 120 individual holdings, this fund is relatively concentrated compared to other ETFs.
#1
GERMANY PPAL 0% 04Jan37
0.14%
#2
ITALIAN REPUB BTPS 3.1% 15Sep26
0.12%
#3
EUROPEAN FINA 2.75% 17Aug26
0.07%
#4
BNG Bank NV
0.07%
#5
GERMANY PPAL 0% 04Jul42
0.07%
#6
French Republic Government Bond OAT
0.03%
#7
SPAIN (KINGDO 5.9% 30Jul26
0.03%
#8
Bpifrance SACA
0.03%
#9
Banque Federative du Credit Mutuel SA
0.02%
#10
ABN AMRO BANK 0.6% Jan27
0.02%

Sectors

4.1
This fund is concentrated in just a few of its 9 sectors, reducing diversification.

Regions

5.2
This fund invests across 15 countries, though its geographic allocation deviates somewhat from the global market.

Nerd Stuff

Advanced risk and return metrics (2023-06-05 — 2026-05-29).
3.8%
Volatility
-2.6%
Max Drawdown
0.04
Sharpe Ratio
0.06
Sortino Ratio
0.05
Calmar Ratio
0.05
Beta
-0.90%
Alpha (Jensen's)
0.023
R²
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).

Documents

Regulatory and fund documents.
Key Information DocumentFact Sheet

Broker Availability

Where you can buy this ETF.
Trading 212
Trade
Free
Savings Plan
Free
Account
Free

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