BJLM.DE vs. EIB3.DE
BJLM.DE (BNP Paribas Easy Sustainable EUR Government Bond UCITS ETF EUR Capitalisation) and EIB3.DE (Invesco Euro Government Bond 1-3 Year UCITS ETF Dist) are both European Government Bonds funds. BJLM.DE is actively managed, while EIB3.DE is passively managed. Over the past year, BJLM.DE returned -0.14% vs 0.81% for EIB3.DE. A 0.68 correlation means they provide meaningful diversification when combined. BJLM.DE charges 0.12%/yr vs 0.10%/yr for EIB3.DE.
Performance
BJLM.DE vs. EIB3.DE - Performance Comparison
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Returns By Period
In the year-to-date period, BJLM.DE achieves a 0.09% return, which is significantly lower than EIB3.DE's 0.19% return.
BJLM.DE
- 1D
- 0.07%
- 1M
- 0.52%
- YTD
- 0.09%
- 6M
- -0.00%
- 1Y
- -0.14%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EIB3.DE
- 1D
- 0.93%
- 1M
- 0.27%
- YTD
- 0.19%
- 6M
- 0.55%
- 1Y
- 0.81%
- 3Y*
- 2.63%
- 5Y*
- 0.63%
- 10Y*
- —
BJLM.DE vs. EIB3.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
BJLM.DE BNP Paribas Easy Sustainable EUR Government Bond UCITS ETF EUR Capitalisation | 0.09% | 0.55% | 2.01% |
EIB3.DE Invesco Euro Government Bond 1-3 Year UCITS ETF Dist | 0.19% | 2.14% | 3.46% |
Correlation
The correlation between BJLM.DE and EIB3.DE is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Feb 21, 2024 | 0.68 |
The correlation between BJLM.DE and EIB3.DE shifts across timeframes, from 0.50 (1 year) to 0.68 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
BJLM.DE vs. EIB3.DE — Risk / Return Rank
BJLM.DE
EIB3.DE
BJLM.DE vs. EIB3.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy Sustainable EUR Government Bond UCITS ETF EUR Capitalisation (BJLM.DE) and Invesco Euro Government Bond 1-3 Year UCITS ETF Dist (EIB3.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.
| BJLM.DE | EIB3.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.29 | ||
| Sortino ratioReturn per unit of downside risk | -0.40 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.06 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.04 | 0.50 | -0.55 |
| Martin ratioReturn relative to average drawdown | -0.10 | 1.50 | -1.60 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BJLM.DE | EIB3.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.03 | 0.26 | -0.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.30 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | 0.17 | +0.07 |
Drawdowns
BJLM.DE vs. EIB3.DE - Drawdown Comparison
The maximum BJLM.DE drawdown since its inception was -3.87%, smaller than the maximum EIB3.DE drawdown of -6.78%. Use the drawdown chart below to compare losses from any high point for BJLM.DE and EIB3.DE.
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Drawdown Indicators
| BJLM.DE | EIB3.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.87% | -6.78% | +2.91% |
Max Drawdown (1Y)Largest decline over 1 year | -3.33% | -1.60% | -1.73% |
Max Drawdown (3Y)Largest decline over 3 years | — | -1.60% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -5.91% | — |
Current DrawdownCurrent decline from peak | -1.97% | -0.68% | -1.29% |
Average DrawdownAverage peak-to-trough decline | -1.31% | -2.06% | +0.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.33% | 0.54% | +0.79% |
Volatility
BJLM.DE vs. EIB3.DE - Volatility Comparison
BNP Paribas Easy Sustainable EUR Government Bond UCITS ETF EUR Capitalisation (BJLM.DE) has a higher volatility of 1.69% compared to Invesco Euro Government Bond 1-3 Year UCITS ETF Dist (EIB3.DE) at 1.50%. This indicates that BJLM.DE's price experiences larger fluctuations and is considered to be riskier than EIB3.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BJLM.DE | EIB3.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.69% | 1.50% | +0.19% |
Volatility (6M)Calculated over the trailing 6-month period | 4.12% | 2.75% | +1.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.70% | 3.11% | +1.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.84% | 2.11% | +2.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.84% | 1.89% | +2.95% |
BJLM.DE vs. EIB3.DE - Expense Ratio Comparison
BJLM.DE has a 0.12% expense ratio, which is higher than EIB3.DE's 0.10% 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
BJLM.DE vs. EIB3.DE - Dividend Comparison
BJLM.DE has not paid dividends to shareholders, while EIB3.DE's dividend yield for the trailing twelve months is around 2.41%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
BJLM.DE BNP Paribas Easy Sustainable EUR Government Bond UCITS ETF EUR Capitalisation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EIB3.DE Invesco Euro Government Bond 1-3 Year UCITS ETF Dist | 2.41% | 2.51% | 2.80% | 2.24% | 0.23% |
Frequently Asked Questions
BJLM.DE and EIB3.DE have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EIB3.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EIB3.DE is cheaper with a 0.10% expense ratio, compared with 0.12% for BJLM.DE.
They also come from different issuers: BNP Paribas and Invesco. Their fees differ too: 0.12% for BJLM.DE and 0.10% for EIB3.DE.
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