DBXG.DE vs. EXUS.DE
DBXG.DE (Xtrackers II Eurozone Government Bond 25+ UCITS ETF (Acc)) and EXUS.DE (Xtrackers MSCI World ex USA UCITS ETF 1C USD) are both exchange-traded funds - DBXG.DE is a Government Bonds fund tracking the iBoxx EUR Eurozone 25+ Index, while EXUS.DE is a Global Equities fund tracking the MSCI World ex USA index. Both are passively managed. Over the past year, DBXG.DE returned -3.17% vs 25.65% for EXUS.DE. At a 0.24 correlation, their price movements are largely independent. Both charge a 0.15% expense ratio.
Performance
DBXG.DE vs. EXUS.DE - Performance Comparison
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Returns By Period
In the year-to-date period, DBXG.DE achieves a 1.36% return, which is significantly lower than EXUS.DE's 13.41% return.
DBXG.DE
- 1D
- -0.30%
- 1M
- 0.94%
- 6M
- 2.61%
- YTD
- 1.36%
- 1Y
- -3.17%
- 3Y*
- -1.97%
- 5Y*
- -10.45%
- 10Y*
- -3.94%
EXUS.DE
- 1D
- 0.66%
- 1M
- 3.63%
- 6M
- 13.12%
- YTD
- 13.41%
- 1Y
- 25.65%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DBXG.DE vs. EXUS.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
DBXG.DE Xtrackers II Eurozone Government Bond 25+ UCITS ETF (Acc) | 1.36% | -9.41% | -1.43% |
EXUS.DE Xtrackers MSCI World ex USA UCITS ETF 1C USD | 13.41% | 17.80% | 4.15% |
Correlation
The correlation between DBXG.DE and EXUS.DE is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Mar 14, 2024 | 0.24 |
Over the past year, DBXG.DE and EXUS.DE have become more correlated (0.45) than their long-term average of 0.24, meaning their price movements have been converging.
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Return for Risk
DBXG.DE vs. EXUS.DE — Risk / Return Rank
DBXG.DE
EXUS.DE
DBXG.DE vs. EXUS.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II Eurozone Government Bond 25+ UCITS ETF (Acc) (DBXG.DE) and Xtrackers MSCI World ex USA UCITS ETF 1C USD (EXUS.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.
| DBXG.DE | EXUS.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.32 | ||
| Sortino ratioReturn per unit of downside risk | -3.24 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.38 | -0.42 |
| Calmar ratioReturn relative to maximum drawdown | -0.47 | 2.94 | -3.41 |
| Martin ratioReturn relative to average drawdown | -0.90 | 11.77 | -12.67 |
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Drawdowns
DBXG.DE vs. EXUS.DE - Drawdown Comparison
The maximum DBXG.DE drawdown since its inception was -53.51%, which is greater than EXUS.DE's maximum drawdown of -16.21%. Use the drawdown chart below to compare losses from any high point for DBXG.DE and EXUS.DE.
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Drawdown Indicators
| DBXG.DE | EXUS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.51% | -16.21% | -37.30% |
Max Drawdown (1Y)Largest decline over 1 year | -6.77% | -8.67% | +1.90% |
Max Drawdown (3Y)Largest decline over 3 years | -17.62% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -51.05% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -53.51% | — | — |
Current DrawdownCurrent decline from peak | -48.73% | 0.00% | -48.73% |
Average DrawdownAverage peak-to-trough decline | -16.05% | -1.75% | -14.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.42% | 2.17% | +1.25% |
Volatility
DBXG.DE vs. EXUS.DE - Volatility Comparison
The current volatility for Xtrackers II Eurozone Government Bond 25+ UCITS ETF (Acc) (DBXG.DE) is 2.60%, while Xtrackers MSCI World ex USA UCITS ETF 1C USD (EXUS.DE) has a volatility of 3.18%. This indicates that DBXG.DE experiences smaller price fluctuations and is considered to be less risky than EXUS.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DBXG.DE | EXUS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.60% | 3.18% | -0.58% |
Volatility (6M)Calculated over the trailing 6-month period | 8.34% | 10.31% | -1.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.03% | 12.59% | -1.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.72% | 13.36% | +4.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.17% | 13.36% | +1.81% |
DBXG.DE vs. EXUS.DE - Expense Ratio Comparison
Both DBXG.DE and EXUS.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
DBXG.DE vs. EXUS.DE - Dividend Comparison
Neither DBXG.DE nor EXUS.DE has paid dividends to shareholders.
Frequently Asked Questions
DBXG.DE and EXUS.DE have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.15% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
DBXG.DE and EXUS.DE have the same expense ratio: 0.15% per year.
DBXG.DE is categorized as Government Bonds, while EXUS.DE is Global Equities. DBXG.DE tracks iBoxx EUR Eurozone 25+ Index, while EXUS.DE tracks MSCI World ex USA index.
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