DBXI.DE vs. 4GLD.DE
DBXI.DE (Xtrackers FTSE MIB UCITS ETF) and 4GLD.DE (Xetra-Gold) are both exchange-traded funds - DBXI.DE is a Europe Equities fund tracking the FTSE MIB, while 4GLD.DE is a Gold fund tracking the LBMA Gold Price. Both are passively managed. Over the past 10 years, DBXI.DE returned 15.47%/yr vs 12.76%/yr for 4GLD.DE. At a correlation of -0.06, they often move in opposite directions. DBXI.DE charges 0.30%/yr vs 0.00%/yr for 4GLD.DE.
Performance
DBXI.DE vs. 4GLD.DE - Performance Comparison
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Returns By Period
In the year-to-date period, DBXI.DE achieves a 16.78% return, which is significantly higher than 4GLD.DE's -0.02% return. Over the past 10 years, DBXI.DE has outperformed 4GLD.DE with an annualized return of 15.47%, while 4GLD.DE has yielded a comparatively lower 12.76% annualized return.
DBXI.DE
- 1D
- 1.94%
- 1M
- 5.33%
- YTD
- 16.78%
- 6M
- 20.73%
- 1Y
- 31.44%
- 3Y*
- 29.22%
- 5Y*
- 20.12%
- 10Y*
- 15.47%
4GLD.DE
- 1D
- -0.35%
- 1M
- -6.50%
- YTD
- -0.02%
- 6M
- 3.79%
- 1Y
- 27.88%
- 3Y*
- 27.05%
- 5Y*
- 19.19%
- 10Y*
- 12.76%
DBXI.DE vs. 4GLD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DBXI.DE Xtrackers FTSE MIB UCITS ETF | 16.78% | 37.48% | 18.29% | 33.40% | -9.16% | 26.68% | -4.28% | 33.02% | -14.48% | 16.46% |
4GLD.DE Xetra-Gold | -0.02% | 49.32% | 34.57% | 9.33% | 7.12% | 4.03% | 13.03% | 21.27% | 3.19% | -1.67% |
Correlation
The correlation between DBXI.DE and 4GLD.DE is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.00 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.06 |
Correlation (All Time) Calculated using the full available price history since Nov 13, 2009 | -0.06 |
The correlation between DBXI.DE and 4GLD.DE shifts across timeframes, from -0.06 (10 years) to 0.17 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
DBXI.DE vs. 4GLD.DE — Risk / Return Rank
DBXI.DE
4GLD.DE
DBXI.DE vs. 4GLD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers FTSE MIB UCITS ETF (DBXI.DE) and Xetra-Gold (4GLD.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.
| DBXI.DE | 4GLD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.79 | ||
| Sortino ratioReturn per unit of downside risk | +1.14 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.24 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 3.30 | 1.63 | +1.67 |
| Martin ratioReturn relative to average drawdown | 12.13 | 4.17 | +7.95 |
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
| DBXI.DE | 4GLD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.01 | 1.22 | +0.79 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.09 | 1.19 | -0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.77 | 0.88 | -0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.19 | 0.67 | -0.48 |
Drawdowns
DBXI.DE vs. 4GLD.DE - Drawdown Comparison
The maximum DBXI.DE drawdown since its inception was -69.45%, which is greater than 4GLD.DE's maximum drawdown of -36.79%. Use the drawdown chart below to compare losses from any high point for DBXI.DE and 4GLD.DE.
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Drawdown Indicators
| DBXI.DE | 4GLD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.45% | -36.79% | -32.66% |
Max Drawdown (1Y)Largest decline over 1 year | -9.61% | -17.28% | +7.67% |
Max Drawdown (3Y)Largest decline over 3 years | -17.56% | -17.28% | -0.28% |
Max Drawdown (5Y)Largest decline over 5 years | -25.05% | -17.28% | -7.77% |
Max Drawdown (10Y)Largest decline over 10 years | -40.45% | -18.23% | -22.22% |
Current DrawdownCurrent decline from peak | 0.00% | -17.28% | +17.28% |
Average DrawdownAverage peak-to-trough decline | -30.07% | -12.02% | -18.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.62% | 6.78% | -4.16% |
Volatility
DBXI.DE vs. 4GLD.DE - Volatility Comparison
The current volatility for Xtrackers FTSE MIB UCITS ETF (DBXI.DE) is 4.90%, while Xetra-Gold (4GLD.DE) has a volatility of 5.23%. This indicates that DBXI.DE experiences smaller price fluctuations and is considered to be less risky than 4GLD.DE 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 | 4GLD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.90% | 5.23% | -0.33% |
Volatility (6M)Calculated over the trailing 6-month period | 12.48% | 20.23% | -7.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.79% | 23.20% | -7.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.19% | 16.15% | +2.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.06% | 14.49% | +5.57% |
DBXI.DE vs. 4GLD.DE - Expense Ratio Comparison
DBXI.DE has a 0.30% expense ratio, which is higher than 4GLD.DE's 0.00% expense ratio.
Dividends
DBXI.DE vs. 4GLD.DE - Dividend Comparison
DBXI.DE's dividend yield for the trailing twelve months is around 3.56%, while 4GLD.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
4GLD.DE Xetra-Gold | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DBXI.DE Xtrackers FTSE MIB UCITS ETF | 3.56% | 3.93% | 4.53% | 3.78% | 7.45% | 0.94% | 4.23% | 3.33% | 2.66% | 1.94% | 2.51% | 0.15% |
Frequently Asked Questions
DBXI.DE and 4GLD.DE have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 4GLD.DE is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.
4GLD.DE is cheaper with a 0.00% expense ratio, compared with 0.30% for DBXI.DE.
DBXI.DE is categorized as Europe Equities, while 4GLD.DE is Gold. DBXI.DE tracks FTSE MIB, while 4GLD.DE tracks LBMA Gold Price. They also come from different issuers: Xtrackers and Deutsche Börse Commodities. Their fees differ too: 0.30% for DBXI.DE and 0.00% for 4GLD.DE.
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