DBZB.DE vs. EUNA.DE
Compare and contrast key facts about Xtrackers II Global Government Bond UCITS ETF EUR Hedged (DBZB.DE) and iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (EUNA.DE).
DBZB.DE and EUNA.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DBZB.DE is a passively managed fund by Xtrackers that tracks the performance of the FTSE World Government Bond - Developed Markets (EUR Hedged). It was launched on Oct 20, 2008. EUNA.DE is a passively managed fund by iShares that tracks the performance of the Bloomberg Global Aggregate Bond (EUR Hedged). It was launched on Nov 21, 2017. Both DBZB.DE and EUNA.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DBZB.DE or EUNA.DE.
Key characteristics
| DBZB.DE | EUNA.DE | |
|---|---|---|
| YTD Return | 0.98% | 2.12% |
| 1Y Return | 4.27% | 5.59% |
| 3Y Return (Ann) | -4.32% | -3.06% |
| 5Y Return (Ann) | -2.72% | -1.73% |
| Sharpe Ratio | 0.94 | 1.39 |
| Daily Std Dev | 5.21% | 4.56% |
| Max Drawdown | -21.88% | -17.79% |
| Current Drawdown | -15.74% | -10.26% |
Correlation
The correlation between DBZB.DE and EUNA.DE is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DBZB.DE vs. EUNA.DE - Performance Comparison
In the year-to-date period, DBZB.DE achieves a 0.98% return, which is significantly lower than EUNA.DE's 2.12% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DBZB.DE vs. EUNA.DE - Expense Ratio Comparison
DBZB.DE has a 0.25% expense ratio, which is higher than EUNA.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%.
Risk-Adjusted Performance
DBZB.DE vs. EUNA.DE - Risk-Adjusted Performance 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 Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (EUNA.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.
Dividends
DBZB.DE vs. EUNA.DE - Dividend Comparison
Neither DBZB.DE nor EUNA.DE has paid dividends to shareholders.
Drawdowns
DBZB.DE vs. EUNA.DE - Drawdown Comparison
The maximum DBZB.DE drawdown since its inception was -21.88%, which is greater than EUNA.DE's maximum drawdown of -17.79%. Use the drawdown chart below to compare losses from any high point for DBZB.DE and EUNA.DE. For additional features, visit the drawdowns tool.
Volatility
DBZB.DE vs. EUNA.DE - Volatility Comparison
Xtrackers II Global Government Bond UCITS ETF EUR Hedged (DBZB.DE) has a higher volatility of 3.21% compared to iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (EUNA.DE) at 2.70%. This indicates that DBZB.DE's price experiences larger fluctuations and is considered to be riskier than EUNA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.