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Xtrackers II Global Government Bond UCITS ETF EUR Hedged (DBZB.DE) Alternatives

ETF · Currency in EUR · Last updated Jun 5, 2026

DBZB.DE is a passive ETF by Xtrackers tracking the investment results of the FTSE World Government Bond - Developed Markets (EUR Hedged). DBZB.DE launched on Oct 20, 2008 and has a 0.25% expense ratio.

Xtrackers II Global Government Bond UCITS ETF EUR Hedged (DBZB.DE) belongs to the Global Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with DBZB.DE. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to DBZB.DE

DBZB.DE charges 0.25% annually. There are 26 ETFs in the Global Bonds category with lower expense ratios, going as low as 0.05%.

SymbolNameExpense RatioAUMInception
PRAG.DE
Amundi Prime Global Govies UCITS ETF0.05%—Jan 2020DBZB.DE vs PRAG.DE
EUNA.DE
iShares Core Global Aggregate Bond UCITS ETF (EUR ...0.10%—Nov 2017DBZB.DE vs EUNA.DE
VAGE.DE
Vanguard Global Aggregate Bond UCITS ETF (EUR Hedg...0.10%—Jun 2019DBZB.DE vs VAGE.DE
VAGF.DE
Vanguard Global Aggregate Bond UCITS ETF (EUR Hedg...0.10%—Jun 2019DBZB.DE vs VAGF.DE
EUNU.DE
iShares Core Global Aggregate Bond UCITS ETF USD (...0.10%—Nov 2017DBZB.DE vs EUNU.DE

Best Risk-Adjusted Alternatives to DBZB.DE

DBZB.DE has a PortfoliosLab risk / return rank of 9. There are 16 ETFs in the Global Bonds category with higher risk-adjusted ranks, going as high as 32.

SymbolNameRisk / Return RankAUMInception
SPFV.DE
SPDR Bloomberg Global Aggregate Bond UCITS ETF USD...
32
—Oct 2019DBZB.DE vs SPFV.DE
SPFB.DE
SPDR Bloomberg Global Aggregate Bond UCITS ETF GBP...
31
—Feb 2018DBZB.DE vs SPFB.DE
AHYB.DE
Amundi Global Aggregate SRI UCITS ETF Hedged USD
21
—Jun 2022DBZB.DE vs AHYB.DE
AHYA.DE
Amundi Index J.P. Morgan GBI Global Govies UCITS E...
18
—Jun 2022DBZB.DE vs AHYA.DE
AHYH.DE
Amundi Global Aggregate SRI 1-5 UCITS ETF Hedged E...
16
—Sep 2022DBZB.DE vs AHYH.DE

Top Performing DBZB.DE Alternatives (YTD)

DBZB.DE is at -0.71% YTD. There are 25 ETFs in the Global Bonds category with higher YTD returns, going as high as 1.31%.

SymbolNameYTD ReturnAUMInception
HGGA.DE
HSBC Bloomberg Global Sustainable Aggregate 1-3 Ye...
1.31%
—Dec 2021DBZB.DE vs HGGA.DE
IS0Z.DE
iShares Global AAA-AA Government Bond UCITS ETF (D...
1.29%
—Oct 2012DBZB.DE vs IS0Z.DE
10AM.DE
AMUNDI GLOBAL AGGREGATE BOND UCITS ETF Dist
1.19%
—Dec 2017DBZB.DE vs 10AM.DE
SYBZ.DE
SPDR Bloomberg Global Aggregate Bond UCITS ETF
0.96%
—Jan 2018DBZB.DE vs SYBZ.DE
AHYF.DE
Amundi Global Aggregate SRI 1-5 UCITS ETF USD
0.87%
—Jun 2022DBZB.DE vs AHYF.DE

Lowest Volatility Alternatives to DBZB.DE

DBZB.DE has 3.86% 1-year volatility. There are 21 ETFs in the Global Bonds category with lower 1-year volatility, going as low as 2.27%.

SymbolNameVolatility 1YAUMInception
AHYH.DE
Amundi Global Aggregate SRI 1-5 UCITS ETF Hedged E...2.27%—Sep 2022DBZB.DE vs AHYH.DE
SPFV.DE
SPDR Bloomberg Global Aggregate Bond UCITS ETF USD...2.93%—Oct 2019DBZB.DE vs SPFV.DE
SPFB.DE
SPDR Bloomberg Global Aggregate Bond UCITS ETF GBP...3.01%—Feb 2018DBZB.DE vs SPFB.DE
AHYF.DE
Amundi Global Aggregate SRI 1-5 UCITS ETF USD3.21%—Jun 2022DBZB.DE vs AHYF.DE
SPFE.DE
SPDR Bloomberg Global Aggregate Bond UCITS ETF EUR...3.23%—Feb 2018DBZB.DE vs SPFE.DE

Lowest Drawdown Alternatives to DBZB.DE

DBZB.DE has a 1-year max drawdown of -3.52%. There are 24 ETFs in the Global Bonds category with shallower 1-year drawdowns, going as shallow as -1.59%.

SymbolNameMax Drawdown 1YAUMInception
AHYH.DE
Amundi Global Aggregate SRI 1-5 UCITS ETF Hedged E...
-1.59%
—Sep 2022DBZB.DE vs AHYH.DE
AHYF.DE
Amundi Global Aggregate SRI 1-5 UCITS ETF USD
-1.78%
—Jun 2022DBZB.DE vs AHYF.DE
HGGA.DE
HSBC Bloomberg Global Sustainable Aggregate 1-3 Ye...
-2.04%
—Dec 2021DBZB.DE vs HGGA.DE
SPFB.DE
SPDR Bloomberg Global Aggregate Bond UCITS ETF GBP...
-2.31%
—Feb 2018DBZB.DE vs SPFB.DE
SYBZ.DE
SPDR Bloomberg Global Aggregate Bond UCITS ETF
-2.33%
—Jan 2018DBZB.DE vs SYBZ.DE

Other ETFs from Xtrackers

The 10 most viewed Xtrackers ETFs shown here include XAIX.DE, XDWT.DE, XEON.DE and span 7 categories.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
XAIX.DE
Xtrackers Artificial Intelligence & Big Data UCITS...Technology Equities
86
37.21%
—Jan 2019DBZB.DE vs XAIX.DE
XDWT.DE
Xtrackers MSCI World Information Technology UCITS ...Technology Equities
64
25.23%
—Mar 2016DBZB.DE vs XDWT.DE
XEON.DE
Xtrackers II EUR Overnight Rate Swap UCITS ETF 1CBank Loan
99
0.80%
—May 2007DBZB.DE vs XEON.DE
XNAS.DE
Xtrackers Nasdaq 100 UCITS ETF 1CNasdaq-100
71
20.53%
—Jan 2021DBZB.DE vs XNAS.DE
EXUS.DE
Xtrackers MSCI World ex USA UCITS ETF 1C USDGlobal Equities
49
9.64%
—Mar 2024DBZB.DE vs EXUS.DE
XDWD.DE
Xtrackers MSCI World UCITS ETF 1CGlobal Equities
70
10.91%
—Jul 2014DBZB.DE vs XDWD.DE
XDWH.DE
Xtrackers MSCI World Health Care UCITS ETF 1CHealth & Biotech Equities
21
-1.98%
—Mar 2016DBZB.DE vs XDWH.DE
XMME.DE
Xtrackers MSCI Emerging Markets UCITS ETF 1CEmerging Markets Equities
88
30.06%
—Jun 2017DBZB.DE vs XMME.DE
XSX6.DE
Xtrackers STOXX Europe 600 UCITS ETFEurope Equities
37
7.40%
—Jan 2009DBZB.DE vs XSX6.DE
XDEQ.DE
Xtrackers MSCI World Quality Factor UCITS ETF 1CGlobal Equities
58
9.48%
—Sep 2014DBZB.DE vs XDEQ.DE

Often Compared With DBZB.DE

Investors most often compare DBZB.DE with VUSA.DE, VWRL.L, VWCE.DE. These 20 comparison targets span 16 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
VUSA.DE
Vanguard S&P 500 UCITS ETFS&P 500
69
11.38%
—May 2019DBZB.DE vs VUSA.DE
VWRL.L
Vanguard FTSE All-World UCITS ETF DistributingGlobal Equities
86
11.87%
19.10BMay 2012DBZB.DE vs VWRL.L
VWCE.DE
Vanguard FTSE All-World UCITS ETFGlobal Equities
76
12.64%
—Jul 2019DBZB.DE vs VWCE.DE
FBND
Fidelity Total Bond ETFIntermediate Core-Plus Bond
38
0.61%
25.56BOct 2014DBZB.DE vs FBND
IEI
iShares 3-7 Year Treasury Bond ETFGovernment Bonds
26
-0.33%
18.49BJan 2007DBZB.DE vs IEI
VWRA.L
Vanguard FTSE All-World UCITS ETF USD AccumulatingGlobal Equities
72
11.59%
65.96BJul 2019DBZB.DE vs VWRA.L
AEGE.DE
iShares Global Aggregate Bond ESG UCITS ETF (EUR H...Global Bonds
13
-0.17%
—Aug 2021DBZB.DE vs AEGE.DE
10AK.DE
Amundi Index J.P. Morgan GBI Global Govies UCITS E...Global Bonds
4
0.09%
—Feb 2018DBZB.DE vs 10AK.DE
XBAE.DE
Xtrackers II ESG Global Aggregate Bond UCITS ETF 5...Global Bonds
12
-0.55%
—Mar 2014DBZB.DE vs XBAE.DE
BND
Vanguard Total Bond Market ETFTotal Bond Market
35
0.41%
389.80BApr 2007DBZB.DE vs BND
8OUU.DE
Amundi Global Aggregate SRI UCITS ETFGlobal Bonds
6
0.38%
—Mar 2022DBZB.DE vs 8OUU.DE
SEML.L
iShares J.P. Morgan EM Local Government Bond UCITS...Emerging Markets Bonds
15
-3.02%
3.86BJun 2011DBZB.DE vs SEML.L
CHFUSD=X
USD/CHF
69
0.48%
——DBZB.DE vs CHFUSD=X
SXRS.DE
iShares Diversified Commodity Swap UCITS ETFCommodities
59
23.84%
—Jul 2017DBZB.DE vs SXRS.DE
EUNZ.DE
iShares Edge MSCI EM Minimum Volatility UCITS ETFEmerging Markets Equities
58
18.69%
—Nov 2012DBZB.DE vs EUNZ.DE
QDVB.DE
iShares Edge MSCI USA Quality Factor UCITS ETFLarge Cap Blend Equities
56
9.84%
—Oct 2016DBZB.DE vs QDVB.DE
SGIL.L
iShares Global Inflation Linked Government Bond UC...Inflation-Protected Bonds
27
1.14%
373.84MAug 2008DBZB.DE vs SGIL.L
4GLD.DE
Xetra-GoldGold, Precious Metals
36
2.80%
—Nov 2007DBZB.DE vs 4GLD.DE
EUNN.DE
iShares Core MSCI Japan IMI UCITS ETFJapan Equities
56
16.53%
—Sep 2009DBZB.DE vs EUNN.DE
CEMR.DE
iShares Edge MSCI Europe Momentum Factor UCITS ETFMomentum, Europe Equities
31
7.91%
—Jan 2015DBZB.DE vs CEMR.DE

Compare DBZB.DE with Any Fund or Stock

Compare DBZB.DE with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

 

Diversifiers

Pair DBZB.DE with funds that move differently

Xtrackers II Global Government Bond UCITS ETF EUR Hedged alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DBZB.DE.

Explore DBZB.DE Diversifiers