8OUU.DE vs. DBZB.DE
8OUU.DE (Amundi Global Aggregate SRI UCITS ETF) and DBZB.DE (Xtrackers II Global Government Bond UCITS ETF EUR Hedged) are both Global Bonds funds - 8OUU.DE tracks the Bloomberg MSCI Global Aggregate 500MM ex Securitized Sustainable SRI Sector Neutral while DBZB.DE tracks the FTSE World Government Bond - Developed Markets (EUR Hedged). Both are passively managed. Over the past 3 years, 8OUU.DE returned -0.08%/yr vs 0.76%/yr for DBZB.DE. A 0.58 correlation means they provide meaningful diversification when combined. 8OUU.DE charges 0.14%/yr vs 0.25%/yr for DBZB.DE.
Performance
8OUU.DE vs. DBZB.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, 8OUU.DE achieves a 0.38% return, which is significantly higher than DBZB.DE's -0.71% return.
8OUU.DE
- 1D
- 0.02%
- 1M
- 0.53%
- YTD
- 0.38%
- 6M
- -0.13%
- 1Y
- -1.04%
- 3Y*
- -0.08%
- 5Y*
- —
- 10Y*
- —
DBZB.DE
- 1D
- 0.15%
- 1M
- 0.28%
- YTD
- -0.71%
- 6M
- -1.15%
- 1Y
- -0.05%
- 3Y*
- 0.76%
- 5Y*
- -2.54%
- 10Y*
- -0.99%
8OUU.DE vs. DBZB.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
8OUU.DE Amundi Global Aggregate SRI UCITS ETF | 0.38% | -3.96% | 2.49% | 1.79% | -7.74% |
DBZB.DE Xtrackers II Global Government Bond UCITS ETF EUR Hedged | -0.71% | 1.28% | -0.41% | 3.56% | -8.96% |
Correlation
The correlation between 8OUU.DE and DBZB.DE is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Apr 13, 2022 | 0.58 |
The correlation between 8OUU.DE and DBZB.DE shifts across timeframes, from 0.39 (1 year) to 0.58 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
8OUU.DE vs. DBZB.DE — Risk / Return Rank
8OUU.DE
DBZB.DE
8OUU.DE vs. DBZB.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Global Aggregate SRI UCITS ETF (8OUU.DE) and Xtrackers II Global Government Bond UCITS ETF EUR Hedged (DBZB.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| 8OUU.DE | DBZB.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.27 | ||
| Sortino ratioReturn per unit of downside risk | -0.37 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.00 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | -0.42 | -0.01 | -0.41 |
| Martin ratioReturn relative to average drawdown | -0.80 | -0.04 | -0.76 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| 8OUU.DE | DBZB.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.28 | -0.01 | -0.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.47 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.21 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.30 | 0.22 | -0.52 |
Drawdowns
8OUU.DE vs. DBZB.DE - Drawdown Comparison
The maximum 8OUU.DE drawdown since its inception was -12.83%, smaller than the maximum DBZB.DE drawdown of -21.88%. Use the drawdown chart below to compare losses from any high point for 8OUU.DE and DBZB.DE.
Loading charts...
Drawdown Indicators
| 8OUU.DE | DBZB.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.83% | -21.88% | +9.05% |
Max Drawdown (1Y)Largest decline over 1 year | -2.46% | -3.52% | +1.06% |
Max Drawdown (3Y)Largest decline over 3 years | -6.94% | -5.14% | -1.80% |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.51% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -21.88% | — |
Current DrawdownCurrent decline from peak | -9.22% | -16.44% | +7.22% |
Average DrawdownAverage peak-to-trough decline | -8.03% | -5.97% | -2.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.30% | 1.26% | +0.04% |
Volatility
8OUU.DE vs. DBZB.DE - Volatility Comparison
The current volatility for Amundi Global Aggregate SRI UCITS ETF (8OUU.DE) is 1.00%, while Xtrackers II Global Government Bond UCITS ETF EUR Hedged (DBZB.DE) has a volatility of 1.48%. This indicates that 8OUU.DE experiences smaller price fluctuations and is considered to be less risky than DBZB.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| 8OUU.DE | DBZB.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.00% | 1.48% | -0.48% |
Volatility (6M)Calculated over the trailing 6-month period | 2.66% | 3.06% | -0.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.69% | 3.86% | -0.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.05% | 5.37% | +0.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.05% | 4.74% | +1.31% |
8OUU.DE vs. DBZB.DE - Expense Ratio Comparison
8OUU.DE has a 0.14% expense ratio, which is lower than DBZB.DE's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
8OUU.DE vs. DBZB.DE - Dividend Comparison
Neither 8OUU.DE nor DBZB.DE has paid dividends to shareholders.
Frequently Asked Questions
8OUU.DE and DBZB.DE have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 8OUU.DE is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.
8OUU.DE is cheaper with a 0.14% expense ratio, compared with 0.25% for DBZB.DE.
8OUU.DE tracks Bloomberg MSCI Global Aggregate 500MM ex Securitized Sustainable SRI Sector Neutral, while DBZB.DE tracks FTSE World Government Bond - Developed Markets (EUR Hedged). They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.14% for 8OUU.DE and 0.25% for DBZB.DE.
Find the right allocation for 8OUU.DE and DBZB.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer