DBXP.DE vs. JE13.DE
DBXP.DE (Xtrackers Eurozone Government Bond 1-3 UCITS ETF) and JE13.DE (JPMorgan BetaBuilders EUR Government Bond 1-3 UCITS ETF EUR (Acc)) are both European Government Bonds funds - DBXP.DE tracks the iBoxx® EUR Eurozone 1-3 while JE13.DE tracks the JP Morgan EMU Government Bond 1-3. Both are passively managed. Over the past 5 years, DBXP.DE returned 0.67%/yr vs 0.62%/yr for JE13.DE. Their correlation of 0.82 suggests significant overlap in exposure. DBXP.DE charges 0.15%/yr vs 0.10%/yr for JE13.DE.
Performance
DBXP.DE vs. JE13.DE - Performance Comparison
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Returns By Period
In the year-to-date period, DBXP.DE achieves a 0.04% return, which is significantly lower than JE13.DE's 0.06% return.
DBXP.DE
- 1D
- 0.04%
- 1M
- 0.20%
- YTD
- 0.04%
- 6M
- 0.12%
- 1Y
- 0.80%
- 3Y*
- 2.61%
- 5Y*
- 0.67%
- 10Y*
- 0.22%
JE13.DE
- 1D
- 0.05%
- 1M
- 0.28%
- YTD
- 0.06%
- 6M
- 0.16%
- 1Y
- 0.80%
- 3Y*
- 2.63%
- 5Y*
- 0.62%
- 10Y*
- —
DBXP.DE vs. JE13.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
DBXP.DE Xtrackers Eurozone Government Bond 1-3 UCITS ETF | 0.04% | 2.21% | 2.99% | 3.41% | -4.59% | -0.85% | -0.18% | 0.17% | -0.20% |
JE13.DE JPMorgan BetaBuilders EUR Government Bond 1-3 UCITS ETF EUR (Acc) | 0.06% | 2.30% | 2.97% | 3.44% | -4.96% | -0.81% | -0.05% | 0.23% | -0.07% |
Correlation
The correlation between DBXP.DE and JE13.DE 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 | 0.84 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.90 |
Correlation (All Time) Calculated using the full available price history since Feb 28, 2018 | 0.82 |
The correlation between DBXP.DE and JE13.DE shifts across timeframes, from 0.80 (1 year) to 0.90 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
DBXP.DE vs. JE13.DE — Risk / Return Rank
DBXP.DE
JE13.DE
DBXP.DE vs. JE13.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 JPMorgan BetaBuilders EUR Government Bond 1-3 UCITS ETF EUR (Acc) (JE13.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.
| DBXP.DE | JE13.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.12 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.64 | 0.62 | +0.02 |
| Martin ratioReturn relative to average drawdown | 2.08 | 2.01 | +0.06 |
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
| DBXP.DE | JE13.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.65 | 0.61 | +0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.40 | 0.36 | +0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.12 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.23 | +0.34 |
Drawdowns
DBXP.DE vs. JE13.DE - Drawdown Comparison
The maximum DBXP.DE drawdown since its inception was -6.77%, roughly equal to the maximum JE13.DE drawdown of -6.90%. Use the drawdown chart below to compare losses from any high point for DBXP.DE and JE13.DE.
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Drawdown Indicators
| DBXP.DE | JE13.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.77% | -6.90% | +0.13% |
Max Drawdown (1Y)Largest decline over 1 year | -1.24% | -1.28% | +0.04% |
Max Drawdown (3Y)Largest decline over 3 years | -1.24% | -1.28% | +0.04% |
Max Drawdown (5Y)Largest decline over 5 years | -5.67% | -6.01% | +0.34% |
Max Drawdown (10Y)Largest decline over 10 years | -6.77% | — | — |
Current DrawdownCurrent decline from peak | -0.55% | -0.54% | -0.01% |
Average DrawdownAverage peak-to-trough decline | -1.00% | -1.76% | +0.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.39% | 0.40% | -0.01% |
Volatility
DBXP.DE vs. JE13.DE - Volatility Comparison
Xtrackers Eurozone Government Bond 1-3 UCITS ETF (DBXP.DE) and JPMorgan BetaBuilders EUR Government Bond 1-3 UCITS ETF EUR (Acc) (JE13.DE) have volatilities of 0.46% and 0.46%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DBXP.DE | JE13.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.46% | 0.46% | 0.00% |
Volatility (6M)Calculated over the trailing 6-month period | 1.11% | 1.21% | -0.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.22% | 1.32% | -0.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.65% | 1.71% | -0.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.80% | 1.52% | +0.28% |
DBXP.DE vs. JE13.DE - Expense Ratio Comparison
DBXP.DE has a 0.15% expense ratio, which is higher than JE13.DE's 0.10% expense ratio. However, 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. JE13.DE - Dividend Comparison
Neither DBXP.DE nor JE13.DE has paid dividends to shareholders.
Frequently Asked Questions
DBXP.DE and JE13.DE 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.
On fees, JE13.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JE13.DE is cheaper with a 0.10% expense ratio, compared with 0.15% for DBXP.DE.
DBXP.DE tracks iBoxx® EUR Eurozone 1-3, while JE13.DE tracks JP Morgan EMU Government Bond 1-3. They also come from different issuers: Xtrackers and JPMorgan. Their fees differ too: 0.15% for DBXP.DE and 0.10% for JE13.DE.
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