DBXQ.DE vs. BJLM.DE
DBXQ.DE (Xtrackers II Eurozone Government Bond 3-5 UCITS ETF) and BJLM.DE (BNP Paribas Easy Sustainable EUR Government Bond UCITS ETF EUR Capitalisation) are both European Government Bonds funds. DBXQ.DE is passively managed, while BJLM.DE is actively managed. Over the past year, DBXQ.DE returned 1.05% vs 1.07% for BJLM.DE. Their correlation of 0.86 suggests significant overlap in exposure. DBXQ.DE charges 0.15%/yr vs 0.12%/yr for BJLM.DE.
Performance
DBXQ.DE vs. BJLM.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DBXQ.DE achieves a 0.60% return, which is significantly lower than BJLM.DE's 1.15% return.
DBXQ.DE
- 1D
- 0.05%
- 1M
- 0.50%
- YTD
- 0.60%
- 6M
- 0.58%
- 1Y
- 1.05%
- 3Y*
- 3.10%
- 5Y*
- -0.10%
- 10Y*
- 0.26%
BJLM.DE
- 1D
- 0.00%
- 1M
- 0.79%
- YTD
- 1.15%
- 6M
- 1.28%
- 1Y
- 1.07%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DBXQ.DE vs. BJLM.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
DBXQ.DE Xtrackers II Eurozone Government Bond 3-5 UCITS ETF | 0.60% | 2.57% | 3.03% |
BJLM.DE BNP Paribas Easy Sustainable EUR Government Bond UCITS ETF EUR Capitalisation | 1.15% | 0.55% | 2.71% |
Correlation
The correlation between DBXQ.DE and BJLM.DE is 0.78, 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 | 0.78 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2024 | 0.86 |
The correlation between DBXQ.DE and BJLM.DE has been stable across timeframes, ranging from 0.78 to 0.86 - a consistent structural relationship.
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
DBXQ.DE vs. BJLM.DE — Risk / Return Rank
DBXQ.DE
BJLM.DE
DBXQ.DE vs. BJLM.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II Eurozone Government Bond 3-5 UCITS ETF (DBXQ.DE) and BNP Paribas Easy Sustainable EUR Government Bond UCITS ETF EUR Capitalisation (BJLM.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.
| DBXQ.DE | BJLM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.17 | ||
| Sortino ratioReturn per unit of downside risk | +0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.05 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.43 | 0.32 | +0.11 |
| Martin ratioReturn relative to average drawdown | 1.16 | 0.80 | +0.36 |
Loading charts...
Drawdowns
DBXQ.DE vs. BJLM.DE - Drawdown Comparison
The maximum DBXQ.DE drawdown since its inception was -12.25%, which is greater than BJLM.DE's maximum drawdown of -3.87%. Use the drawdown chart below to compare losses from any high point for DBXQ.DE and BJLM.DE.
Loading charts...
Drawdown Indicators
| DBXQ.DE | BJLM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.25% | -3.87% | -8.38% |
Max Drawdown (1Y)Largest decline over 1 year | -2.41% | -3.33% | +0.92% |
Max Drawdown (3Y)Largest decline over 3 years | -2.41% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -12.13% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -12.25% | — | — |
Current DrawdownCurrent decline from peak | -1.52% | -0.92% | -0.60% |
Average DrawdownAverage peak-to-trough decline | -2.01% | -1.28% | -0.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.90% | 1.34% | -0.44% |
Volatility
DBXQ.DE vs. BJLM.DE - Volatility Comparison
The current volatility for Xtrackers II Eurozone Government Bond 3-5 UCITS ETF (DBXQ.DE) is 0.63%, while BNP Paribas Easy Sustainable EUR Government Bond UCITS ETF EUR Capitalisation (BJLM.DE) has a volatility of 1.09%. This indicates that DBXQ.DE experiences smaller price fluctuations and is considered to be less risky than BJLM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DBXQ.DE | BJLM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.63% | 1.09% | -0.46% |
Volatility (6M)Calculated over the trailing 6-month period | 2.31% | 4.14% | -1.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.60% | 4.70% | -2.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.70% | 4.63% | -0.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.31% | 4.63% | -1.32% |
DBXQ.DE vs. BJLM.DE - Expense Ratio Comparison
DBXQ.DE has a 0.15% expense ratio, which is higher than BJLM.DE's 0.12% 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
DBXQ.DE vs. BJLM.DE - Dividend Comparison
Neither DBXQ.DE nor BJLM.DE has paid dividends to shareholders.
Frequently Asked Questions
DBXQ.DE and BJLM.DE have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BJLM.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BJLM.DE is cheaper with a 0.12% expense ratio, compared with 0.15% for DBXQ.DE.
They also come from different issuers: Xtrackers and BNP Paribas. Their fees differ too: 0.15% for DBXQ.DE and 0.12% for BJLM.DE.
Find the right allocation for DBXQ.DE and BJLM.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