BBTR.DE vs. XUTD.DE
BBTR.DE (JPMorgan BetaBuilders US Treasury Bond UCITS ETF USD (Acc)) and XUTD.DE (Xtrackers II US Treasuries UCITS ETF 1D) are both Government Bonds funds - BBTR.DE tracks the J.P. Morgan Government Bond US Index while XUTD.DE tracks the iBoxx USD Treasuries Index. Both are passively managed. Over the past 5 years, BBTR.DE returned 0.48%/yr vs 0.60%/yr for XUTD.DE. With a 0.98 correlation, they move nearly in lockstep. BBTR.DE charges 0.07%/yr vs 0.06%/yr for XUTD.DE.
Performance
BBTR.DE vs. XUTD.DE - Performance Comparison
Loading charts...
Returns By Period
As of year-to-date, both investments have demonstrated similar returns, with BBTR.DE at 3.91% and XUTD.DE at 3.91%.
BBTR.DE
- 1D
- -0.13%
- 1M
- 3.19%
- YTD
- 3.91%
- 6M
- 4.30%
- 1Y
- 5.81%
- 3Y*
- 1.51%
- 5Y*
- 0.48%
- 10Y*
- —
XUTD.DE
- 1D
- -0.12%
- 1M
- 3.16%
- YTD
- 3.91%
- 6M
- 4.35%
- 1Y
- 5.89%
- 3Y*
- 1.65%
- 5Y*
- 0.60%
- 10Y*
- 0.46%
BBTR.DE vs. XUTD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
BBTR.DE JPMorgan BetaBuilders US Treasury Bond UCITS ETF USD (Acc) | 3.91% | -5.45% | 6.14% | 0.23% | -7.48% | 5.70% | -1.38% | -5.99% |
XUTD.DE Xtrackers II US Treasuries UCITS ETF 1D | 3.91% | -5.36% | 6.37% | 0.41% | -7.34% | 5.70% | -1.66% | 5.14% |
Correlation
The correlation between BBTR.DE and XUTD.DE is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.99 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.99 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since Apr 25, 2019 | 0.98 |
The correlation between BBTR.DE and XUTD.DE has been stable across timeframes, ranging from 0.98 to 0.99 - a consistent structural relationship.
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
BBTR.DE vs. XUTD.DE — Risk / Return Rank
BBTR.DE
XUTD.DE
BBTR.DE vs. XUTD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders US Treasury Bond UCITS ETF USD (Acc) (BBTR.DE) and Xtrackers II US Treasuries UCITS ETF 1D (XUTD.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BBTR.DE | XUTD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | 0.00 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.19 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.43 | 1.50 | -0.07 |
| Martin ratioReturn relative to average drawdown | 3.71 | 3.88 | -0.17 |
Loading charts...
Drawdowns
BBTR.DE vs. XUTD.DE - Drawdown Comparison
The maximum BBTR.DE drawdown since its inception was -18.35%, roughly equal to the maximum XUTD.DE drawdown of -18.01%. Use the drawdown chart below to compare losses from any high point for BBTR.DE and XUTD.DE.
Loading charts...
Drawdown Indicators
| BBTR.DE | XUTD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.35% | -18.01% | -0.34% |
Max Drawdown (1Y)Largest decline over 1 year | -4.05% | -3.92% | -0.13% |
Max Drawdown (3Y)Largest decline over 3 years | -11.13% | -11.06% | -0.07% |
Max Drawdown (5Y)Largest decline over 5 years | -13.21% | -13.06% | -0.15% |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.01% | — |
Current DrawdownCurrent decline from peak | -11.66% | -10.96% | -0.70% |
Average DrawdownAverage peak-to-trough decline | -11.46% | -9.37% | -2.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.56% | 1.52% | +0.04% |
Volatility
BBTR.DE vs. XUTD.DE - Volatility Comparison
JPMorgan BetaBuilders US Treasury Bond UCITS ETF USD (Acc) (BBTR.DE) and Xtrackers II US Treasuries UCITS ETF 1D (XUTD.DE) have volatilities of 1.47% and 1.47%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BBTR.DE | XUTD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.47% | 1.47% | 0.00% |
Volatility (6M)Calculated over the trailing 6-month period | 3.95% | 3.94% | +0.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.57% | 5.60% | -0.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.14% | 8.15% | -0.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.85% | 7.96% | +0.89% |
BBTR.DE vs. XUTD.DE - Expense Ratio Comparison
BBTR.DE has a 0.07% expense ratio, which is higher than XUTD.DE's 0.06% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
BBTR.DE vs. XUTD.DE - Dividend Comparison
BBTR.DE has not paid dividends to shareholders, while XUTD.DE's dividend yield for the trailing twelve months is around 3.37%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
BBTR.DE JPMorgan BetaBuilders US Treasury Bond UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XUTD.DE Xtrackers II US Treasuries UCITS ETF 1D | 3.37% | 3.43% | 3.53% | 2.45% | 1.97% | 3.26% | 1.18% | 1.46% | 1.26% | 1.50% | 1.97% |
Frequently Asked Questions
With a correlation of 0.99, BBTR.DE and XUTD.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, XUTD.DE is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XUTD.DE is cheaper with a 0.06% expense ratio, compared with 0.07% for BBTR.DE.
BBTR.DE tracks J.P. Morgan Government Bond US Index, while XUTD.DE tracks iBoxx USD Treasuries Index. They also come from different issuers: JPMorgan and Xtrackers. Their fees differ too: 0.07% for BBTR.DE and 0.06% for XUTD.DE.
Find the right allocation for BBTR.DE and XUTD.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