D5BL.DE vs. IBCJ.DE
D5BL.DE (Xtrackers MSCI Europe Value UCITS ETF) and IBCJ.DE (iShares MSCI Poland UCITS ETF USD (Acc)) are both Europe Equities funds - D5BL.DE tracks the MSCI Europe Enhanced Value while IBCJ.DE tracks the MSCI Poland. Both are passively managed. Over the past 10 years, D5BL.DE returned 10.77%/yr vs 9.17%/yr for IBCJ.DE. A 0.58 correlation means they provide meaningful diversification when combined. D5BL.DE charges 0.15%/yr vs 0.74%/yr for IBCJ.DE.
Performance
D5BL.DE vs. IBCJ.DE - Performance Comparison
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Returns By Period
In the year-to-date period, D5BL.DE achieves a 13.85% return, which is significantly lower than IBCJ.DE's 16.30% return. Over the past 10 years, D5BL.DE has outperformed IBCJ.DE with an annualized return of 10.77%, while IBCJ.DE has yielded a comparatively lower 9.17% annualized return.
D5BL.DE
- 1D
- -0.38%
- 1M
- 2.55%
- YTD
- 13.85%
- 6M
- 17.04%
- 1Y
- 32.33%
- 3Y*
- 21.76%
- 5Y*
- 14.60%
- 10Y*
- 10.77%
IBCJ.DE
- 1D
- 0.17%
- 1M
- 1.95%
- YTD
- 16.30%
- 6M
- 26.50%
- 1Y
- 40.90%
- 3Y*
- 29.89%
- 5Y*
- 14.80%
- 10Y*
- 9.17%
D5BL.DE vs. IBCJ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
D5BL.DE Xtrackers MSCI Europe Value UCITS ETF | 13.85% | 35.78% | 10.37% | 14.14% | -4.63% | 26.83% | -8.58% | 22.90% | -13.98% | 9.78% |
IBCJ.DE iShares MSCI Poland UCITS ETF USD (Acc) | 16.30% | 53.66% | -0.42% | 43.86% | -21.74% | 14.34% | -18.69% | -3.73% | -9.07% | 35.59% |
Correlation
The correlation between D5BL.DE and IBCJ.DE is 0.56, 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 | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Jun 1, 2011 | 0.58 |
The correlation between D5BL.DE and IBCJ.DE has been stable across timeframes, ranging from 0.55 to 0.58 - a consistent structural relationship.
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Return for Risk
D5BL.DE vs. IBCJ.DE — Risk / Return Rank
D5BL.DE
IBCJ.DE
D5BL.DE vs. IBCJ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Europe Value UCITS ETF (D5BL.DE) and iShares MSCI Poland UCITS ETF USD (Acc) (IBCJ.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.
| D5BL.DE | IBCJ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.63 | ||
| Sortino ratioReturn per unit of downside risk | +0.90 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.28 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 3.28 | 3.90 | -0.61 |
| Martin ratioReturn relative to average drawdown | 12.52 | 9.60 | +2.92 |
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
| D5BL.DE | IBCJ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.28 | 1.65 | +0.63 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.93 | 0.55 | +0.38 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.60 | 0.36 | +0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.15 | +0.34 |
Drawdowns
D5BL.DE vs. IBCJ.DE - Drawdown Comparison
The maximum D5BL.DE drawdown since its inception was -40.40%, smaller than the maximum IBCJ.DE drawdown of -56.11%. Use the drawdown chart below to compare losses from any high point for D5BL.DE and IBCJ.DE.
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Drawdown Indicators
| D5BL.DE | IBCJ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.40% | -56.11% | +15.71% |
Max Drawdown (1Y)Largest decline over 1 year | -10.02% | -9.96% | -0.06% |
Max Drawdown (3Y)Largest decline over 3 years | -17.36% | -18.47% | +1.11% |
Max Drawdown (5Y)Largest decline over 5 years | -19.58% | -47.31% | +27.73% |
Max Drawdown (10Y)Largest decline over 10 years | -40.40% | -56.11% | +15.71% |
Current DrawdownCurrent decline from peak | -1.22% | -1.16% | -0.06% |
Average DrawdownAverage peak-to-trough decline | -7.23% | -19.38% | +12.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.63% | 4.05% | -1.42% |
Volatility
D5BL.DE vs. IBCJ.DE - Volatility Comparison
The current volatility for Xtrackers MSCI Europe Value UCITS ETF (D5BL.DE) is 4.83%, while iShares MSCI Poland UCITS ETF USD (Acc) (IBCJ.DE) has a volatility of 7.13%. This indicates that D5BL.DE experiences smaller price fluctuations and is considered to be less risky than IBCJ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| D5BL.DE | IBCJ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.83% | 7.13% | -2.30% |
Volatility (6M)Calculated over the trailing 6-month period | 11.54% | 17.61% | -6.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.44% | 23.48% | -9.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.59% | 26.72% | -11.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.76% | 25.15% | -7.39% |
D5BL.DE vs. IBCJ.DE - Expense Ratio Comparison
D5BL.DE has a 0.15% expense ratio, which is lower than IBCJ.DE's 0.74% expense ratio.
Dividends
D5BL.DE vs. IBCJ.DE - Dividend Comparison
Neither D5BL.DE nor IBCJ.DE has paid dividends to shareholders.
Frequently Asked Questions
D5BL.DE and IBCJ.DE have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, D5BL.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
D5BL.DE is cheaper with a 0.15% expense ratio, compared with 0.74% for IBCJ.DE.
D5BL.DE tracks MSCI Europe Enhanced Value, while IBCJ.DE tracks MSCI Poland. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.15% for D5BL.DE and 0.74% for IBCJ.DE.
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