BJLM.DE vs. SYB3.DE
BJLM.DE (BNP Paribas Easy Sustainable EUR Government Bond UCITS ETF EUR Capitalisation) and SYB3.DE (SPDR Bloomberg 1-3 Year Euro Government Bond UCITS ETF) are both European Government Bonds funds. BJLM.DE is actively managed, while SYB3.DE is passively managed. Over the past year, BJLM.DE returned -0.14% vs 0.77% for SYB3.DE. A 0.71 correlation means they provide meaningful diversification when combined. BJLM.DE charges 0.12%/yr vs 0.15%/yr for SYB3.DE.
Performance
BJLM.DE vs. SYB3.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BJLM.DE achieves a 0.09% return, which is significantly higher than SYB3.DE's 0.06% return.
BJLM.DE
- 1D
- 0.07%
- 1M
- 0.52%
- YTD
- 0.09%
- 6M
- -0.00%
- 1Y
- -0.14%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SYB3.DE
- 1D
- 0.04%
- 1M
- 0.25%
- YTD
- 0.06%
- 6M
- 0.13%
- 1Y
- 0.77%
- 3Y*
- 2.60%
- 5Y*
- 0.59%
- 10Y*
- 0.18%
BJLM.DE vs. SYB3.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% |
SYB3.DE SPDR Bloomberg 1-3 Year Euro Government Bond UCITS ETF | 0.06% | 2.26% | 3.39% |
Correlation
The correlation between BJLM.DE and SYB3.DE is 0.63, 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 | 0.63 |
Correlation (All Time) Calculated using the full available price history since Feb 21, 2024 | 0.71 |
The correlation between BJLM.DE and SYB3.DE has been stable across timeframes, ranging from 0.63 to 0.71 - 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. SYB3.DE — Risk / Return Rank
BJLM.DE
SYB3.DE
BJLM.DE vs. SYB3.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 SPDR Bloomberg 1-3 Year Euro Government Bond UCITS ETF (SYB3.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 | SYB3.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.60 | ||
| Sortino ratioReturn per unit of downside risk | -0.85 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.11 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.04 | 0.60 | -0.64 |
| Martin ratioReturn relative to average drawdown | -0.10 | 1.86 | -1.96 |
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 | SYB3.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.03 | 0.57 | -0.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.35 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.12 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | 0.56 | -0.32 |
Drawdowns
BJLM.DE vs. SYB3.DE - Drawdown Comparison
The maximum BJLM.DE drawdown since its inception was -3.87%, smaller than the maximum SYB3.DE drawdown of -7.13%. Use the drawdown chart below to compare losses from any high point for BJLM.DE and SYB3.DE.
Loading charts...
Drawdown Indicators
| BJLM.DE | SYB3.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.87% | -7.13% | +3.26% |
Max Drawdown (1Y)Largest decline over 1 year | -3.33% | -1.28% | -2.05% |
Max Drawdown (3Y)Largest decline over 3 years | — | -1.28% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -5.99% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -7.13% | — |
Current DrawdownCurrent decline from peak | -1.97% | -0.55% | -1.42% |
Average DrawdownAverage peak-to-trough decline | -1.31% | -1.39% | +0.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.33% | 0.41% | +0.92% |
Volatility
BJLM.DE vs. SYB3.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 SPDR Bloomberg 1-3 Year Euro Government Bond UCITS ETF (SYB3.DE) at 0.52%. This indicates that BJLM.DE's price experiences larger fluctuations and is considered to be riskier than SYB3.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BJLM.DE | SYB3.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.69% | 0.52% | +1.17% |
Volatility (6M)Calculated over the trailing 6-month period | 4.12% | 1.19% | +2.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.70% | 1.34% | +3.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.84% | 1.67% | +3.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.84% | 1.48% | +3.36% |
BJLM.DE vs. SYB3.DE - Expense Ratio Comparison
BJLM.DE has a 0.12% expense ratio, which is lower than SYB3.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. SYB3.DE - Dividend Comparison
BJLM.DE has not paid dividends to shareholders, while SYB3.DE's dividend yield for the trailing twelve months is around 2.28%.
| 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% |
SYB3.DE SPDR Bloomberg 1-3 Year Euro Government Bond UCITS ETF | 2.28% | 1.85% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.34% |
Frequently Asked Questions
BJLM.DE and SYB3.DE have a correlation of 0.63, 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 SYB3.DE.
They also come from different issuers: BNP Paribas and State Street. Their fees differ too: 0.12% for BJLM.DE and 0.15% for SYB3.DE.
Find the right allocation for BJLM.DE and SYB3.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