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Amundi Global Government Inflation-Linked Bond 1-10Y UCITS ETF EUR Hedged Dist

Amundi · LU1910940268

Amundi Global Government Inflation-Linked Bond 1-10Y UCITS ETF EUR Hedged Dist is an exchange-traded fund (ETF) from Amundi, traded under the ticker GISE (ISIN LU1910940268). In a single purchase you get a diversified basket of holdings rather than a stake in just one business. In plain terms it is about lending to governments and companies in return for regular interest, which tends to be steadier than shares but grows more slowly, spread broadly across markets worldwide. It passively tracks the Bloomberg Global Inflation-Linked 1-10 Year Index Unhedged USD index — mirroring that market instead of paying a manager to pick winners, which keeps costs low, and its largest holdings include THE UNITED ST TSY 1.875% 15Jul35, THE UNITED ST TSY 2.125% 15Jan35 and THE UNITED ST TSY 1.875% 15Jan36. With about 86 holdings (the ten largest ≈ 23.6%), your money is diversified rather than concentrated in a handful of names. Its biggest country exposures are ~56.5% United States, ~13.9% United Kingdom and ~10.5% France. Its heaviest sectors are ~100% Government. Funds like this are often used as the steadier, lower-swing part of a portfolio — the ballast that cushions the ups and downs of shares. Its ongoing charge (TER) is 0.2% a year — about €20 a year on a €10,000 holding, taken automatically from the fund. It is a distributing share class — dividends are paid to you as cash rather than reinvested, and over the last year it paid out roughly 0.93% (its trailing yield). It holds the underlying investments directly (physical replication); it is domiciled in Luxembourg and UCITS-regulated, a European standard built to protect everyday investors and trades in EUR. Its price has swung about 3% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2019. As with any investment, its value can go down as well as up, and past performance is not a guide to future results. (Fund data sourced from Amundi.)

· Tracks the Bloomberg Global Inflation-Linked 1-10 Year Index Unhedged USD index ?
Bond ?Distributing ?Physical ?LU ?
Low yearly feePays cash dividendsOwns the shares directlyGlobalBroadly spread
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Fund size (AUM) ?
€218.7M
1-year return ?
+1.7%
Total return · to 2026-07-08
Yearly fee (TER) ?
0.20%
All-in cost ≈ 0.00%

About this fund

The Bloomberg Global Inflation-Linked 1-10 Year Index Unhedged USD index is the benchmark this fund aims to copy. By holding it, this fund gives you a stake in around 86 companies across Global in a single purchase.

The fund pays dividends out to you as cash, usually a few times a year. The fund actually buys every share in the index it tracks (full replication).

Fund facts

Index tracked ?
Bloomberg Global Inflation-Linked 1-10 Year Index Unhedged USD
Replication ?
Physical
Full — buys every share
Regulation ?
UCITS
Yes
Launched
May 2019
7-year track record

Performance

99.8100100101101202520252025

Growth of €100 invested — both lines start at €100.

Amundi Global Government Inflation-Linked Bond 1-10Y UCITS ETF EUR Hedged Dist Average Bloomberg Global Inflation-Linked 1-10 Year Index Unhedged USD ETF (funds we track) ?

Compared with the average fund tracking the same index — our own data, not the licensed index itself.

YTD+0.9%
1 year+1.7%
3 years+2.4%

Return, year by year

+2.2
+0.3
+3.5
+0.9
'23'24'25'26
4 of 4 up yearsBest: 2025 +3.5%Worst: 2024 +0.3%Calendar-year total returns, in EUR

How bumpy has it been?

3.0%
Volatility (1y) ?
How much the price swings year to year — lower is calmer.
-2.9%
Worst drop (3y) ?
The biggest fall from a peak over the last three years.
0.66
Return for the risk (3y) ?
Reward earned per unit of bumpiness.

What's inside

The 10 biggest holdings make up 23.6% of the fund — the rest is spread across roughly 76 more companies.

Top 10 holdings

#CompanyWeight
1THE UNITED ST TSY 1.875% 15Jul352.6%
2THE UNITED ST TSY 2.125% 15Jan352.6%
3THE UNITED ST TSY 1.875% 15Jan362.6%
4THE UNITED ST TSY 1.875% 15Jul342.5%
5THE UNITED ST TSY 1.75% 15Jan342.3%
6THE UNITED ST TSY 1.125% 15Oct302.2%
7THE UNITED ST TSY 1.25% 15Apr312.2%
8THE UNITED ST TSY 1.125% 15Jan332.2%
9THE UNITED ST TSY 1.625% 15Apr302.2%
10THE UNITED ST TSY 1.375% 15Jul332.2%

Where to buy this fund

Set from your language & location — change it if it's wrong.

Where it trades

ExchangeTickerCurrency
Borsa ItalianaGISEEUR★ Primary
B3B8TQDEUR
B3GISEMEUR
FrankfurtB8TQEUR
GDB8TQEUR
GFB8TQEUR
GHB8TQEUR
GMB8TQEUR
GSB8TQEUR
GTB8TQEUR
GZB8TQEUR
L1GISEMEUR
L1B8TQDEUR
L3B8TQDEUR
L3GISEMEUR
POB8TQDEUR
POGISEMEUR
QTB8TQEUR
S1GISEMEUR
S1B8TQDEUR
S4B8TQDEUR
S4GISEMEUR
THB8TQEUR
XETRAGISEEUR
For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows

Full holdings

As of 2026-07-08 · the fund's own published holdings.

#CompanyWeight
1THE UNITED ST TSY 1.875% 15Jul352.6%
2THE UNITED ST TSY 2.125% 15Jan352.6%
3THE UNITED ST TSY 1.875% 15Jan362.6%
4THE UNITED ST TSY 1.875% 15Jul342.5%
5THE UNITED ST TSY 1.75% 15Jan342.3%
6THE UNITED ST TSY 1.125% 15Oct302.2%
7THE UNITED ST TSY 1.25% 15Apr312.2%
8THE UNITED ST TSY 1.125% 15Jan332.2%
9THE UNITED ST TSY 1.625% 15Apr302.2%
10THE UNITED ST TSY 1.375% 15Jul332.2%
11THE UNITED ST TSY 0.625% 15Jul322.2%
12THE UNITED ST TSY 1.625% 15Oct292.1%
13THE UNITED ST TSY 2.125% 15Apr292.0%
14THE UNITED ST TSY 2.375% 15Oct282.0%
15THE UNITED ST TSY 0.125% 15Jan322.0%
16THE UNITED ST TSY 1.625% 15Oct272.0%
17THE UNITED ST TSY 1.25% 15Apr281.9%
18THE UNITED ST TSY 0.125% 15Jul311.9%
19THE UNITED ST TSY 0.125% 15Jan311.9%
20THE UNITED ST TSY 0.125% 15Jul301.8%
21UNITED KINGDO TSY I 1.25% 22Nov271.8%
22FRANCE OAT 1.85% 25Jul271.8%
23THE UNITED ST TSY 0.5% 15Jan281.7%
24UNITED STATES TSY 0.375% 15Jul271.7%
25THE UNITED ST TSY 0.125% 15Jan301.7%
26UNITED KINGDO TSY I 1.25% 22Nov321.6%
27UNITED KINGDO TSY I 0.125% 22Mar291.6%
28UNITED KINGDO TSY I 0.125% 10Aug281.6%
29THE UNITED ST TSY 0.75% 15Jul281.5%
30THE UNITED ST TSY 0.25% 15Jul291.5%
31FRENCH REPUBL OAT IE 0.1% 01Mar291.5%
32GERMANY 0.5% 15Apr301.5%
33FRANCE OAT 3.15% 25Jul321.5%
34UNITED KINGDO TSY I 0.75% 22Mar341.4%
35KINGDOM OF SP IE 0.7% 30Nov331.4%
36SPAIN (KINGDO 1% 30Nov301.4%
37UNITED KINGDO TSY I 0.125% 10Aug311.3%
38THE UNITED ST TSY 0.875% 15Jan291.3%
39UNITED KINGDO TSY I 2% 26Jan351.3%
40SPAIN (KINGDO 0.65% 30Nov271.2%
41FRANCE OAT 0.7% 25Jul301.1%
42UNITED KINGDO TSY I 1.125% 22Sep351.1%
43UNITED KINGDO TSY I 0.75% 22Nov331.1%
44ITALIAN REPUB BTPS 2.35% 15Sep351.1%
45REPUBLIC OF I BTPS IE 0.1% 15May331.1%
46FRANCE OAT 0.1% 01Mar281.1%
47ITALIAN REPUB BTPS 1.3% 15May281.1%
48ITALIAN REPUB BTPS 1.25% 15Sep321.0%
49REPUBLIC OF I BTPS IE 1.5% 15May291.0%
50UNITED KINGDO TSY I 4.125% 22Jul301.0%
51REPUBLIC OF I BTPS IE 0.4% 15May301.0%
52UNITED STATES TSY 3.875% 15Apr290.9%
53FRANCE OAT 3.4% 25Jul290.9%
54REPUBLIC OF I BTPS IE 1.8% 15May360.8%
55FRENCH REPUBL OAT IE 0.1% 25Jul310.8%
56UNITED STATES TSY 3.625% 15Apr280.8%
57UNITED STATES TSY 1.75% 15Jan280.7%
58UNITED STATES TSY 2.5% 15Jan290.7%
59FRENCH REPUBL OAT IE 0.6% 25Jul340.7%
60REPUBLIC OF I BTPS IE 1.1% 15Aug310.7%
61FEDERAL REPUB IE 0.1% 15Apr330.6%
62FRENCH REPUBL OAT 0.1% 01Mar360.6%
63FRENCH REPUBL OAT 0.1% 01Mar320.5%
64JAPAN 0.1% 10Mar290.4%
65JAPAN 0.1% 10Mar280.4%
66AUSTRALIA (CO 2.5% 20Sep300.4%
67CANADA I 4% 01Dec310.4%
68UNITED STATES TSY 3.375% 15Apr320.3%
69AUSTRALIA (CO 2% 21Aug350.3%
70AUSTRALIA (CO 0.75% 21Nov270.3%
71JAPAN 0.005% 10Mar330.3%
72NEW ZEALAND 2.5% 20Sep350.3%
73JAPAN 0.005% 10Mar340.3%
74JAPAN 0.005% 10Mar320.2%
75JAPAN 0.005% 10Mar350.2%
76THE COMMONWEA 0.25% 21Nov320.2%
77KINGDOM OF SW I 3.5% 01Dec280.2%
78JAPAN 0.005% 10Mar310.2%
79KINGDOM OF DE 0.1% 15Nov300.2%
80KINGDOM OF SW I 0.125% 01Dec270.2%
81NEW ZEALAND 3% 20Sep300.2%
82JAPAN 0.2% 10Mar300.2%
83SWEDEN I 0.125% 01Jun320.2%
84KINGDOM OF DE 0.1% 15Nov340.1%
85KINGDOM OF SW I 0.125% 01Jun300.1%
86JAPAN 0.6% 10Mar360.1%

⭳ Download full holdings (CSV)

How it ranks vs peers

🪙 Cheaper than 34% of similar ETFs📈 Higher 1-yr return than 66%📈 Higher 3-yr return than 53%

Versus the Bonds · Global · EUR ETFs we track.

Advanced risk

0.94
Sortino (3y) ?
0.81
Calmar (3y) ?
2.1%
Downside deviation ?
50%
Up months (hit rate) ?
€10.95
52-week high ?
€10.67
52-week low ?

Concentration depth

~61 ?
Effective number of holdings

Roughly 86 companies are held, but the largest names carry most of the weight — so it behaves like ~61 equal-sized positions.

Similar funds

We found 6 funds that do much the same job as this one. To pick them we matched this fund's asset class and region, then show how close each match is below.

Matched on🌍 Global bonds
Compare side by side
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Why it's similarThis is the fund on this page.
BondsDistributingPhysicalCheaper fee
Tracks a different index in the same category.
BondsPhysicalCheaper fee
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BondsPhysicalCheaper fee
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BondsDistributingPhysicalCheaper fee
Tracks a different index in the same category.
BondsDistributingPhysicalCheaper fee
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BondsPhysicalCheaper fee
Tracks a different index in the same category.
Index trackedBloomberg Global Inflation-Linked 1-10 Year Index Unhedged USDBloomberg Global Aggregate BondBloomberg Global Aggregate BondBloomberg Global Aggregate BondBloomberg Global Aggregate BondBloomberg Global Aggregate BondBloomberg Global Aggregate Bond
Yearly fee (TER)0.20%0.10%0.10%0.10%0.10%0.10%0.10%
All-in cost0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Fund size€218.7M€16.6B€14.2B€12.4B€12.4B€12.4B€12.4B
DomicileLUIrelandIrelandIrelandIrelandIrelandIreland
ReplicationPhysical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)
3-yr return p.a.+2.4%+38.1%+2.2%-1.0%+3.1%+4.3%
5-yr return p.a.+17.7%-1.2%-2.8%-0.9%+0.5%
# holdings8620,00020,00020,00020,00020,00020,000

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Data as of 2026-07-08 · Source: fh-api

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