D5BE.DE vs. VGTY.DE
D5BE.DE (Xtrackers II US Treasuries 1-3 UCITS ETF (Dist)) and VGTY.DE (Vanguard USD Treasury Bond UCITS ETF Distributing) are both Government Bonds funds - D5BE.DE tracks the iBoxx USD Treasuries 1-3 Index while VGTY.DE tracks the Bloomberg Global Aggregate US Treasury Float Adjusted Index. Both are passively managed. Over the past 5 years, D5BE.DE returned 2.64%/yr vs 0.19%/yr for VGTY.DE. Their correlation of 0.81 suggests significant overlap in exposure. D5BE.DE charges 0.06%/yr vs 0.05%/yr for VGTY.DE.
Performance
D5BE.DE vs. VGTY.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, D5BE.DE achieves a 3.59% return, which is significantly higher than VGTY.DE's 2.87% return.
D5BE.DE
- 1D
- 0.08%
- 1M
- 1.73%
- 6M
- 3.42%
- YTD
- 3.59%
- 1Y
- 6.13%
- 3Y*
- 2.70%
- 5Y*
- 2.64%
- 10Y*
- 1.45%
VGTY.DE
- 1D
- -0.05%
- 1M
- 1.91%
- 6M
- 2.81%
- YTD
- 2.87%
- 1Y
- 6.01%
- 3Y*
- 1.47%
- 5Y*
- 0.19%
- 10Y*
- —
D5BE.DE vs. VGTY.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
D5BE.DE Xtrackers II US Treasuries 1-3 UCITS ETF (Dist) | 3.59% | -6.60% | 10.00% | 0.62% | 2.33% | 7.69% | -6.19% | 6.04% | 6.14% | -1.79% |
VGTY.DE Vanguard USD Treasury Bond UCITS ETF Distributing | 2.87% | -5.53% | 6.49% | 0.32% | -6.92% | 5.85% | -1.94% | 9.66% | 4.95% | -2.98% |
Correlation
The correlation between D5BE.DE and VGTY.DE is 0.87, 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 | 0.87 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.81 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Oct 26, 2017 | 0.81 |
The correlation between D5BE.DE and VGTY.DE has been stable across timeframes, ranging from 0.81 to 0.87 - 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
D5BE.DE vs. VGTY.DE — Risk / Return Rank
D5BE.DE
VGTY.DE
D5BE.DE vs. VGTY.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II US Treasuries 1-3 UCITS ETF (Dist) (D5BE.DE) and Vanguard USD Treasury Bond UCITS ETF Distributing (VGTY.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.
| D5BE.DE | VGTY.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.02 | ||
| Sortino ratioReturn per unit of downside risk | 0.00 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.20 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.74 | 1.50 | +0.24 |
| Martin ratioReturn relative to average drawdown | 4.31 | 3.90 | +0.42 |
Loading charts...
Drawdowns
D5BE.DE vs. VGTY.DE - Drawdown Comparison
The maximum D5BE.DE drawdown since its inception was -20.28%, which is greater than VGTY.DE's maximum drawdown of -17.51%. Use the drawdown chart below to compare losses from any high point for D5BE.DE and VGTY.DE.
Loading charts...
Drawdown Indicators
| D5BE.DE | VGTY.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.28% | -17.51% | -2.77% |
Max Drawdown (1Y)Largest decline over 1 year | -3.52% | -3.98% | +0.46% |
Max Drawdown (3Y)Largest decline over 3 years | -10.97% | -11.05% | +0.08% |
Max Drawdown (5Y)Largest decline over 5 years | -12.50% | -12.99% | +0.49% |
Max Drawdown (10Y)Largest decline over 10 years | -20.28% | — | — |
Current DrawdownCurrent decline from peak | -5.38% | -11.40% | +6.02% |
Average DrawdownAverage peak-to-trough decline | -5.10% | -9.06% | +3.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.42% | 1.54% | -0.12% |
Volatility
D5BE.DE vs. VGTY.DE - Volatility Comparison
The current volatility for Xtrackers II US Treasuries 1-3 UCITS ETF (Dist) (D5BE.DE) is 1.45%, while Vanguard USD Treasury Bond UCITS ETF Distributing (VGTY.DE) has a volatility of 1.57%. This indicates that D5BE.DE experiences smaller price fluctuations and is considered to be less risky than VGTY.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| D5BE.DE | VGTY.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.45% | 1.57% | -0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 3.87% | 3.81% | +0.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.51% | 5.47% | +0.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.16% | 7.99% | -0.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.96% | 7.66% | +1.30% |
D5BE.DE vs. VGTY.DE - Expense Ratio Comparison
D5BE.DE has a 0.06% expense ratio, which is higher than VGTY.DE's 0.05% 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
D5BE.DE vs. VGTY.DE - Dividend Comparison
D5BE.DE's dividend yield for the trailing twelve months is around 2.76%, less than VGTY.DE's 4.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
D5BE.DE Xtrackers II US Treasuries 1-3 UCITS ETF (Dist) | 2.76% | 2.89% | 2.24% | 1.84% | 1.00% | 2.74% | 2.66% | 1.16% | 0.93% | 0.78% |
VGTY.DE Vanguard USD Treasury Bond UCITS ETF Distributing | 4.19% | 4.49% | 3.94% | 3.47% | 2.14% | 1.17% | 1.67% | 2.35% | 2.28% | 0.30% |
Frequently Asked Questions
D5BE.DE and VGTY.DE have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VGTY.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VGTY.DE is cheaper with a 0.05% expense ratio, compared with 0.06% for D5BE.DE.
D5BE.DE tracks iBoxx USD Treasuries 1-3 Index, while VGTY.DE tracks Bloomberg Global Aggregate US Treasury Float Adjusted Index. They also come from different issuers: Xtrackers and Vanguard. Their fees differ too: 0.06% for D5BE.DE and 0.05% for VGTY.DE.
Find the right allocation for D5BE.DE and VGTY.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