Posted on May 21, 2022
I am looking at the performance graphics for aggh, a bonds etf with eur hedging. It is clear that it did very bad, during the pandemic, with respect to the benchmark. I was not expecting this!
If I look at ieag, ieac, corp, sega it is clear that they did not do that bad with respect to their benchmark.
Lately the number of usd we can buy with one eur has descended, approaching 1–to–1; aggh is recovering some ground against its benchmark. What if the amount of eur needed to buy a usd goes up again?