DBZB.DE vs. 5MVL.DE
DBZB.DE (Xtrackers II Global Government Bond UCITS ETF EUR Hedged) and 5MVL.DE (iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc)) are both exchange-traded funds - DBZB.DE is a Global Bonds fund tracking the FTSE World Government Bond - Developed Markets (EUR Hedged), while 5MVL.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Select Value Factor Focus. Both are passively managed. Over the past 5 years, DBZB.DE returned -2.54%/yr vs 17.27%/yr for 5MVL.DE. At a correlation of -0.05, they often move in opposite directions. DBZB.DE charges 0.25%/yr vs 0.40%/yr for 5MVL.DE.
Performance
DBZB.DE vs. 5MVL.DE - Performance Comparison
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Returns By Period
In the year-to-date period, DBZB.DE achieves a -0.71% return, which is significantly lower than 5MVL.DE's 45.83% return.
DBZB.DE
- 1D
- 0.15%
- 1M
- -0.18%
- YTD
- -0.71%
- 6M
- -0.77%
- 1Y
- 0.09%
- 3Y*
- 0.76%
- 5Y*
- -2.54%
- 10Y*
- -0.99%
5MVL.DE
- 1D
- -2.48%
- 1M
- 8.30%
- YTD
- 45.83%
- 6M
- 47.62%
- 1Y
- 80.78%
- 3Y*
- 33.99%
- 5Y*
- 17.27%
- 10Y*
- —
DBZB.DE vs. 5MVL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
DBZB.DE Xtrackers II Global Government Bond UCITS ETF EUR Hedged | -0.71% | 1.28% | -0.41% | 3.56% | -15.11% | -3.19% | 4.16% | 4.55% | 0.55% |
5MVL.DE iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) | 45.83% | 27.25% | 21.00% | 14.58% | -10.54% | 13.07% | -2.40% | 20.39% | -2.61% |
Correlation
The correlation between DBZB.DE and 5MVL.DE is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Dec 17, 2018 | -0.05 |
The correlation between DBZB.DE and 5MVL.DE shifts across timeframes, from -0.05 (all time) to 0.28 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
DBZB.DE vs. 5MVL.DE — Risk / Return Rank
DBZB.DE
5MVL.DE
DBZB.DE vs. 5MVL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II Global Government Bond UCITS ETF EUR Hedged (DBZB.DE) and iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) (5MVL.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.
| DBZB.DE | 5MVL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.33 | ||
| Sortino ratioReturn per unit of downside risk | -5.17 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.73 | -0.73 |
| Calmar ratioReturn relative to maximum drawdown | -0.01 | 8.86 | -8.88 |
| Martin ratioReturn relative to average drawdown | -0.04 | 28.83 | -28.88 |
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
| DBZB.DE | 5MVL.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.01 | 4.31 | -4.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.47 | 1.02 | -1.49 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.21 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 0.83 | -0.61 |
Drawdowns
DBZB.DE vs. 5MVL.DE - Drawdown Comparison
The maximum DBZB.DE drawdown since its inception was -21.88%, smaller than the maximum 5MVL.DE drawdown of -32.25%. Use the drawdown chart below to compare losses from any high point for DBZB.DE and 5MVL.DE.
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Drawdown Indicators
| DBZB.DE | 5MVL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.88% | -32.25% | +10.37% |
Max Drawdown (1Y)Largest decline over 1 year | -3.52% | -9.30% | +5.78% |
Max Drawdown (3Y)Largest decline over 3 years | -5.14% | -19.15% | +14.01% |
Max Drawdown (5Y)Largest decline over 5 years | -19.51% | -20.60% | +1.09% |
Max Drawdown (10Y)Largest decline over 10 years | -21.88% | — | — |
Current DrawdownCurrent decline from peak | -16.44% | -3.88% | -12.56% |
Average DrawdownAverage peak-to-trough decline | -5.97% | -6.27% | +0.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.26% | 2.87% | -1.61% |
Volatility
DBZB.DE vs. 5MVL.DE - Volatility Comparison
The current volatility for Xtrackers II Global Government Bond UCITS ETF EUR Hedged (DBZB.DE) is 1.48%, while iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) (5MVL.DE) has a volatility of 8.71%. This indicates that DBZB.DE experiences smaller price fluctuations and is considered to be less risky than 5MVL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DBZB.DE | 5MVL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.48% | 8.71% | -7.23% |
Volatility (6M)Calculated over the trailing 6-month period | 3.06% | 15.83% | -12.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.86% | 19.13% | -15.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.37% | 16.78% | -11.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.74% | 18.84% | -14.10% |
DBZB.DE vs. 5MVL.DE - Expense Ratio Comparison
DBZB.DE has a 0.25% expense ratio, which is lower than 5MVL.DE's 0.40% expense ratio.
Dividends
DBZB.DE vs. 5MVL.DE - Dividend Comparison
Neither DBZB.DE nor 5MVL.DE has paid dividends to shareholders.
Frequently Asked Questions
DBZB.DE and 5MVL.DE have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DBZB.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DBZB.DE is cheaper with a 0.25% expense ratio, compared with 0.40% for 5MVL.DE.
DBZB.DE is categorized as Global Bonds, while 5MVL.DE is Emerging Markets Equities. DBZB.DE tracks FTSE World Government Bond - Developed Markets (EUR Hedged), while 5MVL.DE tracks MSCI Emerging Markets Select Value Factor Focus. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.25% for DBZB.DE and 0.40% for 5MVL.DE.
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