BJLM.DE vs. IBCA.DE
BJLM.DE (BNP Paribas Easy Sustainable EUR Government Bond UCITS ETF EUR Capitalisation) and IBCA.DE (iShares Euro Government Bond 1-3yr UCITS ETF (Dist)) are both European Government Bonds funds. BJLM.DE is actively managed, while IBCA.DE is passively managed. Over the past year, BJLM.DE returned -0.14% vs 0.96% for IBCA.DE. A 0.73 correlation means they provide meaningful diversification when combined. BJLM.DE charges 0.12%/yr vs 0.15%/yr for IBCA.DE.
Performance
BJLM.DE vs. IBCA.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BJLM.DE achieves a 0.09% return, which is significantly lower than IBCA.DE's 0.16% return.
BJLM.DE
- 1D
- 0.07%
- 1M
- 0.52%
- YTD
- 0.09%
- 6M
- -0.00%
- 1Y
- -0.14%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IBCA.DE
- 1D
- 0.06%
- 1M
- 0.22%
- YTD
- 0.16%
- 6M
- 0.27%
- 1Y
- 0.96%
- 3Y*
- 2.71%
- 5Y*
- 0.81%
- 10Y*
- 0.36%
BJLM.DE vs. IBCA.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% |
IBCA.DE iShares Euro Government Bond 1-3yr UCITS ETF (Dist) | 0.16% | 2.31% | 3.41% |
Correlation
The correlation between BJLM.DE and IBCA.DE is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since Feb 21, 2024 | 0.73 |
The correlation between BJLM.DE and IBCA.DE has been stable across timeframes, ranging from 0.68 to 0.73 - 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
BJLM.DE vs. IBCA.DE — Risk / Return Rank
BJLM.DE
IBCA.DE
BJLM.DE vs. IBCA.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 iShares Euro Government Bond 1-3yr UCITS ETF (Dist) (IBCA.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 | IBCA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.74 | ||
| Sortino ratioReturn per unit of downside risk | -1.02 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.15 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | -0.04 | 0.84 | -0.88 |
| Martin ratioReturn relative to average drawdown | -0.10 | 2.70 | -2.80 |
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
| BJLM.DE | IBCA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.03 | 0.71 | -0.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.52 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.09 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | 0.25 | -0.01 |
Drawdowns
BJLM.DE vs. IBCA.DE - Drawdown Comparison
The maximum BJLM.DE drawdown since its inception was -3.87%, smaller than the maximum IBCA.DE drawdown of -8.31%. Use the drawdown chart below to compare losses from any high point for BJLM.DE and IBCA.DE.
Loading charts...
Drawdown Indicators
| BJLM.DE | IBCA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.87% | -8.31% | +4.44% |
Max Drawdown (1Y)Largest decline over 1 year | -3.33% | -1.14% | -2.19% |
Max Drawdown (3Y)Largest decline over 3 years | — | -1.14% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -5.21% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -8.31% | — |
Current DrawdownCurrent decline from peak | -1.97% | -0.45% | -1.52% |
Average DrawdownAverage peak-to-trough decline | -1.31% | -1.03% | -0.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.33% | 0.36% | +0.97% |
Volatility
BJLM.DE vs. IBCA.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 iShares Euro Government Bond 1-3yr UCITS ETF (Dist) (IBCA.DE) at 0.64%. This indicates that BJLM.DE's price experiences larger fluctuations and is considered to be riskier than IBCA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BJLM.DE | IBCA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.69% | 0.64% | +1.05% |
Volatility (6M)Calculated over the trailing 6-month period | 4.12% | 1.27% | +2.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.70% | 1.36% | +3.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.84% | 1.55% | +3.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.84% | 3.81% | +1.03% |
BJLM.DE vs. IBCA.DE - Expense Ratio Comparison
BJLM.DE has a 0.12% expense ratio, which is lower than IBCA.DE's 0.15% 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
BJLM.DE vs. IBCA.DE - Dividend Comparison
BJLM.DE has not paid dividends to shareholders, while IBCA.DE's dividend yield for the trailing twelve months is around 2.18%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BJLM.DE BNP Paribas Easy Sustainable EUR Government Bond UCITS ETF EUR Capitalisation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IBCA.DE iShares Euro Government Bond 1-3yr UCITS ETF (Dist) | 2.18% | 2.45% | 2.47% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.29% |
Frequently Asked Questions
BJLM.DE and IBCA.DE have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BJLM.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BJLM.DE is cheaper with a 0.12% expense ratio, compared with 0.15% for IBCA.DE.
They also come from different issuers: BNP Paribas and iShares. Their fees differ too: 0.12% for BJLM.DE and 0.15% for IBCA.DE.
Find the right allocation for BJLM.DE and IBCA.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