DBXI.DE vs. ^IBEX
DBXI.DE (Xtrackers FTSE MIB UCITS ETF) is Europe Equities fund tracking the FTSE MIB, while ^IBEX (IBEX 35 Index) is an index. Over the past 10 years, DBXI.DE returned 15.89%/yr vs 8.57%/yr for ^IBEX. A 0.79 correlation means they provide meaningful diversification when combined.
Performance
DBXI.DE vs. ^IBEX - Performance Comparison
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Returns By Period
In the year-to-date period, DBXI.DE achieves a 18.65% return, which is significantly higher than ^IBEX's 11.53% return. Over the past 10 years, DBXI.DE has outperformed ^IBEX with an annualized return of 15.89%, while ^IBEX has yielded a comparatively lower 8.57% annualized return.
DBXI.DE
- 1D
- -0.84%
- 1M
- -1.14%
- 6M
- 16.42%
- YTD
- 18.65%
- 1Y
- 34.71%
- 3Y*
- 27.49%
- 5Y*
- 21.27%
- 10Y*
- 15.89%
^IBEX
- 1D
- 0.00%
- 1M
- -0.61%
- 6M
- 9.00%
- YTD
- 11.53%
- 1Y
- 37.94%
- 3Y*
- 26.86%
- 5Y*
- 17.81%
- 10Y*
- 8.57%
DBXI.DE vs. ^IBEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DBXI.DE Xtrackers FTSE MIB UCITS ETF | 18.65% | 37.48% | 18.29% | 33.40% | -9.16% | 26.68% | -4.28% | 33.02% | -14.48% | 16.46% |
^IBEX IBEX 35 Index | 11.53% | 49.27% | 14.78% | 22.76% | -5.56% | 7.93% | -15.45% | 11.82% | -14.97% | 7.40% |
Correlation
The correlation between DBXI.DE and ^IBEX is 0.80, 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 | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.77 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.80 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Jan 22, 2007 | 0.79 |
The correlation between DBXI.DE and ^IBEX has been stable across timeframes, ranging from 0.77 to 0.80 - a consistent structural relationship.
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Return for Risk
DBXI.DE vs. ^IBEX — Risk / Return Rank
DBXI.DE
^IBEX
DBXI.DE vs. ^IBEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers FTSE MIB UCITS ETF (DBXI.DE) and IBEX 35 Index (^IBEX). 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.
| DBXI.DE | ^IBEX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.43 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.60 | 3.88 | -0.29 |
| Martin ratioReturn relative to average drawdown | 13.31 | 13.06 | +0.25 |
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Drawdowns
DBXI.DE vs. ^IBEX - Drawdown Comparison
The maximum DBXI.DE drawdown since its inception was -70.36%, which is greater than ^IBEX's maximum drawdown of -62.65%. Use the drawdown chart below to compare losses from any high point for DBXI.DE and ^IBEX.
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Drawdown Indicators
| DBXI.DE | ^IBEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.36% | -62.65% | -7.71% |
Max Drawdown (1Y)Largest decline over 1 year | -9.61% | -9.64% | +0.03% |
Max Drawdown (3Y)Largest decline over 3 years | -17.56% | -12.60% | -4.96% |
Max Drawdown (5Y)Largest decline over 5 years | -25.05% | -20.93% | -4.12% |
Max Drawdown (10Y)Largest decline over 10 years | -40.45% | -45.16% | +4.71% |
Current DrawdownCurrent decline from peak | -1.93% | -2.76% | +0.83% |
Average DrawdownAverage peak-to-trough decline | -31.42% | -29.21% | -2.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.60% | 2.88% | -0.28% |
Volatility
DBXI.DE vs. ^IBEX - Volatility Comparison
The current volatility for Xtrackers FTSE MIB UCITS ETF (DBXI.DE) is 3.75%, while IBEX 35 Index (^IBEX) has a volatility of 3.98%. This indicates that DBXI.DE experiences smaller price fluctuations and is considered to be less risky than ^IBEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DBXI.DE | ^IBEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.75% | 3.98% | -0.23% |
Volatility (6M)Calculated over the trailing 6-month period | 12.82% | 13.93% | -1.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.68% | 16.05% | -0.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.14% | 16.33% | +1.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.40% | 17.95% | +1.45% |
Frequently Asked Questions
DBXI.DE and ^IBEX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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