D5BB.DE vs. SYBB.DE
D5BB.DE (Xtrackers II Germany Government Bond UCITS ETF) and SYBB.DE (SPDR Bloomberg Euro Government Bond UCITS ETF Dist) are both European Government Bonds funds - D5BB.DE tracks the iBoxx® EUR Germany while SYBB.DE tracks the Bloomberg Euro Treasury Bond. Both are passively managed. Over the past 10 years, D5BB.DE returned -1.28%/yr vs -0.33%/yr for SYBB.DE. A 0.75 correlation means they provide meaningful diversification when combined. D5BB.DE charges 0.15%/yr vs 0.10%/yr for SYBB.DE.
Performance
D5BB.DE vs. SYBB.DE - Performance Comparison
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Returns By Period
In the year-to-date period, D5BB.DE achieves a -0.06% return, which is significantly lower than SYBB.DE's 0.36% return. Over the past 10 years, D5BB.DE has underperformed SYBB.DE with an annualized return of -1.28%, while SYBB.DE has yielded a comparatively higher -0.33% annualized return.
D5BB.DE
- 1D
- 0.09%
- 1M
- -0.02%
- YTD
- -0.06%
- 6M
- -0.23%
- 1Y
- -0.99%
- 3Y*
- 0.85%
- 5Y*
- -3.03%
- 10Y*
- -1.28%
SYBB.DE
- 1D
- 0.10%
- 1M
- -0.01%
- YTD
- 0.36%
- 6M
- 0.21%
- 1Y
- 0.47%
- 3Y*
- 2.42%
- 5Y*
- -2.27%
- 10Y*
- -0.33%
D5BB.DE vs. SYBB.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
D5BB.DE Xtrackers II Germany Government Bond UCITS ETF | -0.06% | -1.48% | 0.17% | 5.19% | -17.79% | -2.56% | 2.70% | 2.83% | 2.38% | -1.64% |
SYBB.DE SPDR Bloomberg Euro Government Bond UCITS ETF Dist | 0.36% | 0.60% | 1.49% | 6.80% | -18.49% | -3.34% | 4.67% | 6.73% | 0.84% | -0.08% |
Correlation
The correlation between D5BB.DE and SYBB.DE is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.84 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.92 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.95 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.85 |
Correlation (All Time) Calculated using the full available price history since May 25, 2011 | 0.75 |
The correlation between D5BB.DE and SYBB.DE shifts across timeframes, from 0.75 (all time) to 0.95 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
D5BB.DE vs. SYBB.DE — Risk / Return Rank
D5BB.DE
SYBB.DE
D5BB.DE vs. SYBB.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II Germany Government Bond UCITS ETF (D5BB.DE) and SPDR Bloomberg Euro Government Bond UCITS ETF Dist (SYBB.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.
| D5BB.DE | SYBB.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.39 | ||
| Sortino ratioReturn per unit of downside risk | -0.56 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.01 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.48 | 0.02 | -0.50 |
| Martin ratioReturn relative to average drawdown | -1.00 | 0.06 | -1.06 |
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
| D5BB.DE | SYBB.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.37 | 0.02 | -0.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.49 | -0.35 | -0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.24 | -0.06 | -0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.17 | 0.40 | -0.23 |
Drawdowns
D5BB.DE vs. SYBB.DE - Drawdown Comparison
The maximum D5BB.DE drawdown since its inception was -23.86%, which is greater than SYBB.DE's maximum drawdown of -22.70%. Use the drawdown chart below to compare losses from any high point for D5BB.DE and SYBB.DE.
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Drawdown Indicators
| D5BB.DE | SYBB.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.86% | -22.70% | -1.16% |
Max Drawdown (1Y)Largest decline over 1 year | -2.88% | -3.38% | +0.50% |
Max Drawdown (3Y)Largest decline over 3 years | -4.96% | -3.98% | -0.98% |
Max Drawdown (5Y)Largest decline over 5 years | -21.18% | -21.75% | +0.57% |
Max Drawdown (10Y)Largest decline over 10 years | -23.86% | -22.70% | -1.16% |
Current DrawdownCurrent decline from peak | -19.30% | -14.16% | -5.14% |
Average DrawdownAverage peak-to-trough decline | -6.98% | -6.07% | -0.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.39% | 1.33% | +0.06% |
Volatility
D5BB.DE vs. SYBB.DE - Volatility Comparison
The current volatility for Xtrackers II Germany Government Bond UCITS ETF (D5BB.DE) is 1.45%, while SPDR Bloomberg Euro Government Bond UCITS ETF Dist (SYBB.DE) has a volatility of 1.63%. This indicates that D5BB.DE experiences smaller price fluctuations and is considered to be less risky than SYBB.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| D5BB.DE | SYBB.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.45% | 1.63% | -0.18% |
Volatility (6M)Calculated over the trailing 6-month period | 2.97% | 3.99% | -1.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.70% | 4.74% | -1.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.10% | 6.39% | -0.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.26% | 5.44% | -0.18% |
D5BB.DE vs. SYBB.DE - Expense Ratio Comparison
D5BB.DE has a 0.15% expense ratio, which is higher than SYBB.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
D5BB.DE vs. SYBB.DE - Dividend Comparison
D5BB.DE's dividend yield for the trailing twelve months is around 1.70%, less than SYBB.DE's 2.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
D5BB.DE Xtrackers II Germany Government Bond UCITS ETF | 1.70% | 1.58% | 1.36% | 1.13% | 1.79% | 1.15% | 0.00% | 0.00% | 0.00% | 0.56% | 0.00% | 0.77% |
SYBB.DE SPDR Bloomberg Euro Government Bond UCITS ETF Dist | 2.35% | 2.14% | 1.45% | 0.76% | 0.18% | 0.08% | 0.28% | 0.59% | 0.66% | 0.73% | 0.82% | 1.26% |
Frequently Asked Questions
D5BB.DE and SYBB.DE have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SYBB.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SYBB.DE is cheaper with a 0.10% expense ratio, compared with 0.15% for D5BB.DE.
D5BB.DE tracks iBoxx® EUR Germany, while SYBB.DE tracks Bloomberg Euro Treasury Bond. They also come from different issuers: Xtrackers and State Street. Their fees differ too: 0.15% for D5BB.DE and 0.10% for SYBB.DE.
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