DBXP.DE vs. EAH.DE
DBXP.DE (Xtrackers Eurozone Government Bond 1-3 UCITS ETF) and EAH.DE (Amundi Euro Government Green Bond UCITS ETF Acc) are both European Government Bonds funds - DBXP.DE tracks the iBoxx® EUR Eurozone 1-3 while EAH.DE tracks the Solactive Euro Government Green Bond. Both are passively managed. Over the past 5 years, DBXP.DE returned 0.78%/yr vs -5.48%/yr for EAH.DE. A 0.76 correlation means they provide meaningful diversification when combined. DBXP.DE charges 0.15%/yr vs 0.20%/yr for EAH.DE.
Performance
DBXP.DE vs. EAH.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DBXP.DE achieves a 0.47% return, which is significantly lower than EAH.DE's 1.55% return.
DBXP.DE
- 1D
- 0.07%
- 1M
- 0.33%
- YTD
- 0.47%
- 6M
- 0.58%
- 1Y
- 1.21%
- 3Y*
- 2.81%
- 5Y*
- 0.78%
- 10Y*
- 0.26%
EAH.DE
- 1D
- 0.00%
- 1M
- 1.09%
- YTD
- 1.55%
- 6M
- 1.73%
- 1Y
- 0.28%
- 3Y*
- 1.13%
- 5Y*
- -5.48%
- 10Y*
- —
DBXP.DE vs. EAH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
DBXP.DE Xtrackers Eurozone Government Bond 1-3 UCITS ETF | 0.47% | 2.21% | 2.99% | 3.41% | -4.65% | -0.35% |
EAH.DE Amundi Euro Government Green Bond UCITS ETF Acc | 1.55% | -2.11% | -0.57% | 8.84% | -30.65% | 1.11% |
Correlation
The correlation between DBXP.DE and EAH.DE is 0.65, 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 | 0.65 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Jun 25, 2021 | 0.76 |
The correlation between DBXP.DE and EAH.DE shifts across timeframes, from 0.65 (1 year) to 0.76 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DBXP.DE vs. EAH.DE — Risk / Return Rank
DBXP.DE
EAH.DE
DBXP.DE vs. EAH.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Eurozone Government Bond 1-3 UCITS ETF (DBXP.DE) and Amundi Euro Government Green Bond UCITS ETF Acc (EAH.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.
| DBXP.DE | EAH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.88 | ||
| Sortino ratioReturn per unit of downside risk | +1.28 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.01 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 0.98 | 0.06 | +0.92 |
| Martin ratioReturn relative to average drawdown | 3.04 | 0.13 | +2.91 |
Loading charts...
Drawdowns
DBXP.DE vs. EAH.DE - Drawdown Comparison
The maximum DBXP.DE drawdown since its inception was -6.77%, smaller than the maximum EAH.DE drawdown of -36.30%. Use the drawdown chart below to compare losses from any high point for DBXP.DE and EAH.DE.
Loading charts...
Drawdown Indicators
| DBXP.DE | EAH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.77% | -36.30% | +29.53% |
Max Drawdown (1Y)Largest decline over 1 year | -1.24% | -4.72% | +3.48% |
Max Drawdown (3Y)Largest decline over 3 years | -1.24% | -7.80% | +6.56% |
Max Drawdown (5Y)Largest decline over 5 years | -5.67% | -36.30% | +30.63% |
Max Drawdown (10Y)Largest decline over 10 years | -6.77% | — | — |
Current DrawdownCurrent decline from peak | -0.13% | -28.52% | +28.39% |
Average DrawdownAverage peak-to-trough decline | -0.99% | -25.33% | +24.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.40% | 2.11% | -1.71% |
Volatility
DBXP.DE vs. EAH.DE - Volatility Comparison
The current volatility for Xtrackers Eurozone Government Bond 1-3 UCITS ETF (DBXP.DE) is 0.32%, while Amundi Euro Government Green Bond UCITS ETF Acc (EAH.DE) has a volatility of 1.69%. This indicates that DBXP.DE experiences smaller price fluctuations and is considered to be less risky than EAH.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DBXP.DE | EAH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.32% | 1.69% | -1.37% |
Volatility (6M)Calculated over the trailing 6-month period | 1.19% | 5.31% | -4.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.30% | 6.50% | -5.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.66% | 10.79% | -9.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.80% | 10.79% | -8.99% |
DBXP.DE vs. EAH.DE - Expense Ratio Comparison
DBXP.DE has a 0.15% expense ratio, which is lower than EAH.DE's 0.20% 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
DBXP.DE vs. EAH.DE - Dividend Comparison
Neither DBXP.DE nor EAH.DE has paid dividends to shareholders.
Frequently Asked Questions
DBXP.DE and EAH.DE have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DBXP.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DBXP.DE is cheaper with a 0.15% expense ratio, compared with 0.20% for EAH.DE.
DBXP.DE tracks iBoxx® EUR Eurozone 1-3, while EAH.DE tracks Solactive Euro Government Green Bond. They also come from different issuers: Xtrackers and Amundi. Their fees differ too: 0.15% for DBXP.DE and 0.20% for EAH.DE.
Find the right allocation for DBXP.DE and EAH.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer