D5BB.DE vs. XY4P.DE
D5BB.DE (Xtrackers II Germany Government Bond UCITS ETF) and XY4P.DE (Xtrackers iBoxx Sovereigns Eurozone Yield Plus UCITS ETF) are both European Government Bonds funds from Xtrackers - D5BB.DE tracks the iBoxx® EUR Germany while XY4P.DE tracks the iBoxx® EUR Sovereigns Eurozone Yield Plus. Both are passively managed. Over the past 10 years, D5BB.DE returned -1.28%/yr vs 0.56%/yr for XY4P.DE. At a 0.48 correlation, their price movements are largely independent. Both charge a 0.15% expense ratio.
Performance
D5BB.DE vs. XY4P.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, D5BB.DE achieves a -0.06% return, which is significantly lower than XY4P.DE's -0.03% return. Over the past 10 years, D5BB.DE has underperformed XY4P.DE with an annualized return of -1.28%, while XY4P.DE has yielded a comparatively higher 0.56% 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%
XY4P.DE
- 1D
- 0.06%
- 1M
- -0.03%
- YTD
- -0.03%
- 6M
- 0.03%
- 1Y
- 0.60%
- 3Y*
- 3.35%
- 5Y*
- -1.34%
- 10Y*
- 0.56%
D5BB.DE vs. XY4P.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% |
XY4P.DE Xtrackers iBoxx Sovereigns Eurozone Yield Plus UCITS ETF | -0.03% | 1.69% | 3.52% | 8.01% | -17.35% | -2.95% | 5.93% | 9.55% | -0.61% | 0.53% |
Correlation
The correlation between D5BB.DE and XY4P.DE is 0.94, 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 | 0.94 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.92 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.91 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Oct 7, 2010 | 0.48 |
Over the past year, D5BB.DE and XY4P.DE have become more correlated (0.94) than their long-term average of 0.48, meaning their price movements have been converging.
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
D5BB.DE vs. XY4P.DE — Risk / Return Rank
D5BB.DE
XY4P.DE
D5BB.DE vs. XY4P.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 Xtrackers iBoxx Sovereigns Eurozone Yield Plus UCITS ETF (XY4P.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 | XY4P.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.43 | ||
| Sortino ratioReturn per unit of downside risk | -0.62 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.01 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.48 | 0.07 | -0.55 |
| Martin ratioReturn relative to average drawdown | -1.00 | 0.19 | -1.19 |
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
| D5BB.DE | XY4P.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.37 | 0.06 | -0.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.49 | -0.20 | -0.29 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.24 | 0.09 | -0.33 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.17 | 0.40 | -0.22 |
Drawdowns
D5BB.DE vs. XY4P.DE - Drawdown Comparison
The maximum D5BB.DE drawdown since its inception was -23.86%, which is greater than XY4P.DE's maximum drawdown of -20.52%. Use the drawdown chart below to compare losses from any high point for D5BB.DE and XY4P.DE.
Loading charts...
Drawdown Indicators
| D5BB.DE | XY4P.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.86% | -20.52% | -3.34% |
Max Drawdown (1Y)Largest decline over 1 year | -2.88% | -3.95% | +1.07% |
Max Drawdown (3Y)Largest decline over 3 years | -4.96% | -4.07% | -0.89% |
Max Drawdown (5Y)Largest decline over 5 years | -21.18% | -20.11% | -1.07% |
Max Drawdown (10Y)Largest decline over 10 years | -23.86% | -20.52% | -3.34% |
Current DrawdownCurrent decline from peak | -19.30% | -9.19% | -10.11% |
Average DrawdownAverage peak-to-trough decline | -6.98% | -5.49% | -1.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.39% | 1.43% | -0.04% |
Volatility
D5BB.DE vs. XY4P.DE - Volatility Comparison
The current volatility for Xtrackers II Germany Government Bond UCITS ETF (D5BB.DE) is 1.45%, while Xtrackers iBoxx Sovereigns Eurozone Yield Plus UCITS ETF (XY4P.DE) has a volatility of 1.77%. This indicates that D5BB.DE experiences smaller price fluctuations and is considered to be less risky than XY4P.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| D5BB.DE | XY4P.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.45% | 1.77% | -0.32% |
Volatility (6M)Calculated over the trailing 6-month period | 2.97% | 3.88% | -0.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.70% | 4.57% | -0.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.10% | 6.49% | -0.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.26% | 6.49% | -1.23% |
D5BB.DE vs. XY4P.DE - Expense Ratio Comparison
Both D5BB.DE and XY4P.DE have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
D5BB.DE vs. XY4P.DE - Dividend Comparison
D5BB.DE's dividend yield for the trailing twelve months is around 1.70%, while XY4P.DE has not paid dividends to shareholders.
| 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% |
XY4P.DE Xtrackers iBoxx Sovereigns Eurozone Yield Plus UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.94, D5BB.DE and XY4P.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.
Both ETFs have the same 0.15% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
D5BB.DE and XY4P.DE have the same expense ratio: 0.15% per year.
D5BB.DE tracks iBoxx® EUR Germany, while XY4P.DE tracks iBoxx® EUR Sovereigns Eurozone Yield Plus.
Find the right allocation for D5BB.DE and XY4P.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