DBXD.DE vs. PPFB.DE
DBXD.DE (Xtrackers DAX UCITS ETF 1C) and PPFB.DE (iShares Physical Gold ETC) are both exchange-traded funds - DBXD.DE is a Europe Equities fund tracking the DAX®, while PPFB.DE is a Gold fund tracking the Gold. Both are passively managed. Over the past 5 years, DBXD.DE returned 9.27%/yr vs 17.85%/yr for PPFB.DE. At a 0.05 correlation, their price movements are largely independent. DBXD.DE charges 0.09%/yr vs 0.12%/yr for PPFB.DE.
Performance
DBXD.DE vs. PPFB.DE - Performance Comparison
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Returns By Period
In the year-to-date period, DBXD.DE achieves a 0.89% return, which is significantly higher than PPFB.DE's -6.38% return.
DBXD.DE
- 1D
- -0.34%
- 1M
- -0.73%
- 6M
- -2.21%
- YTD
- 0.89%
- 1Y
- 1.76%
- 3Y*
- 14.95%
- 5Y*
- 9.27%
- 10Y*
- 9.03%
PPFB.DE
- 1D
- 0.00%
- 1M
- -4.91%
- 6M
- -11.49%
- YTD
- -6.38%
- 1Y
- 21.76%
- 3Y*
- 25.59%
- 5Y*
- 17.85%
- 10Y*
- —
DBXD.DE vs. PPFB.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
DBXD.DE Xtrackers DAX UCITS ETF 1C | 0.89% | 22.65% | 18.18% | 19.60% | -12.74% | 1.51% |
PPFB.DE iShares Physical Gold ETC | -6.38% | 49.11% | 34.17% | 9.42% | 7.03% | 2.86% |
Correlation
The correlation between DBXD.DE and PPFB.DE is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2021 | 0.05 |
Over the past year, DBXD.DE and PPFB.DE have become more correlated (0.33) than their long-term average of 0.05, meaning their price movements have been converging.
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Return for Risk
DBXD.DE vs. PPFB.DE — Risk / Return Rank
DBXD.DE
PPFB.DE
DBXD.DE vs. PPFB.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers DAX UCITS ETF 1C (DBXD.DE) and iShares Physical Gold ETC (PPFB.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.
| DBXD.DE | PPFB.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.80 | ||
| Sortino ratioReturn per unit of downside risk | -1.04 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.18 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 0.12 | 0.97 | -0.85 |
| Martin ratioReturn relative to average drawdown | 0.36 | 2.28 | -1.92 |
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Drawdowns
DBXD.DE vs. PPFB.DE - Drawdown Comparison
The maximum DBXD.DE drawdown since its inception was -54.83%, which is greater than PPFB.DE's maximum drawdown of -22.54%. Use the drawdown chart below to compare losses from any high point for DBXD.DE and PPFB.DE.
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Drawdown Indicators
| DBXD.DE | PPFB.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.83% | -22.54% | -32.29% |
Max Drawdown (1Y)Largest decline over 1 year | -12.32% | -22.54% | +10.22% |
Max Drawdown (3Y)Largest decline over 3 years | -15.92% | -22.54% | +6.62% |
Max Drawdown (5Y)Largest decline over 5 years | -26.70% | -22.54% | -4.16% |
Max Drawdown (10Y)Largest decline over 10 years | -38.83% | — | — |
Current DrawdownCurrent decline from peak | -3.84% | -22.54% | +18.70% |
Average DrawdownAverage peak-to-trough decline | -11.27% | -4.80% | -6.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.95% | 9.58% | -5.63% |
Volatility
DBXD.DE vs. PPFB.DE - Volatility Comparison
The current volatility for Xtrackers DAX UCITS ETF 1C (DBXD.DE) is 4.65%, while iShares Physical Gold ETC (PPFB.DE) has a volatility of 6.29%. This indicates that DBXD.DE experiences smaller price fluctuations and is considered to be less risky than PPFB.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DBXD.DE | PPFB.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.65% | 6.29% | -1.64% |
Volatility (6M)Calculated over the trailing 6-month period | 13.55% | 21.19% | -7.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.28% | 24.61% | -8.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.19% | 16.46% | +0.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.09% | 16.45% | +1.64% |
DBXD.DE vs. PPFB.DE - Expense Ratio Comparison
DBXD.DE has a 0.09% expense ratio, which is lower than PPFB.DE's 0.12% 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
DBXD.DE vs. PPFB.DE - Dividend Comparison
Neither DBXD.DE nor PPFB.DE has paid dividends to shareholders.
Frequently Asked Questions
DBXD.DE and PPFB.DE have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DBXD.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DBXD.DE is cheaper with a 0.09% expense ratio, compared with 0.12% for PPFB.DE.
DBXD.DE is categorized as Europe Equities, while PPFB.DE is Gold. DBXD.DE tracks DAX®, while PPFB.DE tracks Gold. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.09% for DBXD.DE and 0.12% for PPFB.DE.
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