D5BC.DE vs. XDEW.DE
D5BC.DE (Xtrackers II Germany Government Bond 1-3 UCITS ETF) and XDEW.DE (Xtrackers S&P 500 Equal Weight UCITS ETF 1C) are both exchange-traded funds - D5BC.DE is a European Government Bonds fund tracking the iBoxx® EUR Germany 1-3, while XDEW.DE is a S&P 500 fund tracking the S&P 500 Equal Weight Index. Both are passively managed. Over the past 10 years, D5BC.DE returned -0.26%/yr vs 11.13%/yr for XDEW.DE. At a correlation of -0.01, they often move in opposite directions. D5BC.DE charges 0.15%/yr vs 0.20%/yr for XDEW.DE.
Performance
D5BC.DE vs. XDEW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, D5BC.DE achieves a 0.12% return, which is significantly lower than XDEW.DE's 14.89% return. Over the past 10 years, D5BC.DE has underperformed XDEW.DE with an annualized return of -0.26%, while XDEW.DE has yielded a comparatively higher 11.13% annualized return.
D5BC.DE
- 1D
- -0.05%
- 1M
- -0.09%
- 6M
- -0.26%
- YTD
- 0.12%
- 1Y
- 0.47%
- 3Y*
- 2.23%
- 5Y*
- 0.26%
- 10Y*
- -0.26%
XDEW.DE
- 1D
- 0.65%
- 1M
- 2.83%
- 6M
- 10.05%
- YTD
- 14.89%
- 1Y
- 23.44%
- 3Y*
- 13.01%
- 5Y*
- 9.59%
- 10Y*
- 11.13%
D5BC.DE vs. XDEW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
D5BC.DE Xtrackers II Germany Government Bond 1-3 UCITS ETF | 0.12% | 1.63% | 2.59% | 2.51% | -4.89% | -1.05% | -0.76% | -0.90% | -0.47% | -1.07% |
XDEW.DE Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 14.89% | -0.46% | 18.66% | 10.08% | -6.94% | 41.59% | 1.18% | 31.27% | -4.53% | 4.00% |
Correlation
The correlation between D5BC.DE and XDEW.DE is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Aug 15, 2014 | -0.01 |
The correlation between D5BC.DE and XDEW.DE shifts across timeframes, from -0.01 (all time) to 0.20 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
D5BC.DE vs. XDEW.DE — Risk / Return Rank
D5BC.DE
XDEW.DE
D5BC.DE vs. XDEW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II Germany Government Bond 1-3 UCITS ETF (D5BC.DE) and Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| D5BC.DE | XDEW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.90 | ||
| Sortino ratioReturn per unit of downside risk | -2.64 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.40 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | 0.43 | 4.61 | -4.18 |
| Martin ratioReturn relative to average drawdown | 1.23 | 14.21 | -12.99 |
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Drawdowns
D5BC.DE vs. XDEW.DE - Drawdown Comparison
The maximum D5BC.DE drawdown since its inception was -12.70%, smaller than the maximum XDEW.DE drawdown of -38.79%. Use the drawdown chart below to compare losses from any high point for D5BC.DE and XDEW.DE.
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Drawdown Indicators
| D5BC.DE | XDEW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.70% | -38.79% | +26.09% |
Max Drawdown (1Y)Largest decline over 1 year | -1.08% | -5.06% | +3.98% |
Max Drawdown (3Y)Largest decline over 3 years | -1.08% | -22.70% | +21.62% |
Max Drawdown (5Y)Largest decline over 5 years | -6.27% | -22.70% | +16.43% |
Max Drawdown (10Y)Largest decline over 10 years | -9.83% | -38.79% | +28.96% |
Current DrawdownCurrent decline from peak | -5.75% | -0.27% | -5.48% |
Average DrawdownAverage peak-to-trough decline | -4.94% | -5.33% | +0.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.38% | 1.64% | -1.26% |
Volatility
D5BC.DE vs. XDEW.DE - Volatility Comparison
The current volatility for Xtrackers II Germany Government Bond 1-3 UCITS ETF (D5BC.DE) is 0.47%, while Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.DE) has a volatility of 2.78%. This indicates that D5BC.DE experiences smaller price fluctuations and is considered to be less risky than XDEW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| D5BC.DE | XDEW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.47% | 2.78% | -2.31% |
Volatility (6M)Calculated over the trailing 6-month period | 1.16% | 6.93% | -5.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.37% | 10.66% | -9.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.61% | 14.91% | -13.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.23% | 16.80% | -15.57% |
D5BC.DE vs. XDEW.DE - Expense Ratio Comparison
D5BC.DE has a 0.15% expense ratio, which is lower than XDEW.DE's 0.20% 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
D5BC.DE vs. XDEW.DE - Dividend Comparison
D5BC.DE's dividend yield for the trailing twelve months is around 1.26%, while XDEW.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
D5BC.DE Xtrackers II Germany Government Bond 1-3 UCITS ETF | 1.26% | 0.98% | 0.68% | 0.54% | 1.15% | 0.66% | 0.00% | 0.00% | 0.00% | 0.00% | 0.46% |
XDEW.DE Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 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
D5BC.DE and XDEW.DE have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, D5BC.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
D5BC.DE is cheaper with a 0.15% expense ratio, compared with 0.20% for XDEW.DE.
D5BC.DE is categorized as European Government Bonds, while XDEW.DE is S&P 500. D5BC.DE tracks iBoxx® EUR Germany 1-3, while XDEW.DE tracks S&P 500 Equal Weight Index. Their fees differ too: 0.15% for D5BC.DE and 0.20% for XDEW.DE.
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