DBZB.DE vs. XDWT.DE
DBZB.DE (Xtrackers II Global Government Bond UCITS ETF EUR Hedged) and XDWT.DE (Xtrackers MSCI World Information Technology UCITS ETF 1C) are both exchange-traded funds - DBZB.DE is a Global Bonds fund tracking the FTSE World Government Bond - Developed Markets (EUR Hedged), while XDWT.DE is a Technology Equities fund tracking the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 10 years, DBZB.DE returned -0.99%/yr vs 24.00%/yr for XDWT.DE. At a correlation of -0.05, they often move in opposite directions. Both charge a 0.25% expense ratio.
Performance
DBZB.DE vs. XDWT.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 XDWT.DE's 25.23% return. Over the past 10 years, DBZB.DE has underperformed XDWT.DE with an annualized return of -0.99%, while XDWT.DE has yielded a comparatively higher 24.00% annualized return.
DBZB.DE
- 1D
- 0.15%
- 1M
- 0.28%
- YTD
- -0.71%
- 6M
- -1.15%
- 1Y
- -0.05%
- 3Y*
- 0.76%
- 5Y*
- -2.54%
- 10Y*
- -0.99%
XDWT.DE
- 1D
- -2.03%
- 1M
- 14.75%
- YTD
- 25.23%
- 6M
- 23.98%
- 1Y
- 48.86%
- 3Y*
- 29.29%
- 5Y*
- 22.52%
- 10Y*
- 24.00%
DBZB.DE vs. XDWT.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% | -0.36% | -0.12% |
XDWT.DE Xtrackers MSCI World Information Technology UCITS ETF 1C | 25.23% | 9.56% | 41.11% | 50.00% | -28.10% | 41.76% | 30.98% | 51.77% | 0.78% | 21.03% |
Correlation
The correlation between DBZB.DE and XDWT.DE is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.02 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.05 |
Correlation (All Time) Calculated using the full available price history since Mar 23, 2016 | -0.05 |
The correlation between DBZB.DE and XDWT.DE shifts across timeframes, from -0.05 (10 years) to 0.12 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
DBZB.DE vs. XDWT.DE — Risk / Return Rank
DBZB.DE
XDWT.DE
DBZB.DE vs. XDWT.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 Xtrackers MSCI World Information Technology UCITS ETF 1C (XDWT.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 | XDWT.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.40 | ||
| Sortino ratioReturn per unit of downside risk | -3.09 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.38 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | -0.01 | 3.12 | -3.13 |
| Martin ratioReturn relative to average drawdown | -0.04 | 8.24 | -8.28 |
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 | XDWT.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.01 | 2.38 | -2.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.47 | 0.99 | -1.45 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.21 | 1.11 | -1.32 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 1.09 | -0.87 |
Drawdowns
DBZB.DE vs. XDWT.DE - Drawdown Comparison
The maximum DBZB.DE drawdown since its inception was -21.88%, smaller than the maximum XDWT.DE drawdown of -31.61%. Use the drawdown chart below to compare losses from any high point for DBZB.DE and XDWT.DE.
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Drawdown Indicators
| DBZB.DE | XDWT.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.88% | -31.61% | +9.73% |
Max Drawdown (1Y)Largest decline over 1 year | -3.52% | -15.59% | +12.07% |
Max Drawdown (3Y)Largest decline over 3 years | -5.14% | -29.46% | +24.32% |
Max Drawdown (5Y)Largest decline over 5 years | -19.51% | -29.46% | +9.95% |
Max Drawdown (10Y)Largest decline over 10 years | -21.88% | -31.61% | +9.73% |
Current DrawdownCurrent decline from peak | -16.44% | -2.61% | -13.83% |
Average DrawdownAverage peak-to-trough decline | -5.97% | -5.82% | -0.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.26% | 5.91% | -4.65% |
Volatility
DBZB.DE vs. XDWT.DE - Volatility Comparison
The current volatility for Xtrackers II Global Government Bond UCITS ETF EUR Hedged (DBZB.DE) is 1.48%, while Xtrackers MSCI World Information Technology UCITS ETF 1C (XDWT.DE) has a volatility of 7.11%. This indicates that DBZB.DE experiences smaller price fluctuations and is considered to be less risky than XDWT.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 | XDWT.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.48% | 7.11% | -5.63% |
Volatility (6M)Calculated over the trailing 6-month period | 3.06% | 14.96% | -11.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.86% | 20.39% | -16.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.37% | 22.55% | -17.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.74% | 21.46% | -16.72% |
DBZB.DE vs. XDWT.DE - Expense Ratio Comparison
Both DBZB.DE and XDWT.DE have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
DBZB.DE vs. XDWT.DE - Dividend Comparison
Neither DBZB.DE nor XDWT.DE has paid dividends to shareholders.
Frequently Asked Questions
DBZB.DE and XDWT.DE have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
DBZB.DE and XDWT.DE have the same expense ratio: 0.25% per year.
DBZB.DE is categorized as Global Bonds, while XDWT.DE is Technology Equities. DBZB.DE tracks FTSE World Government Bond - Developed Markets (EUR Hedged), while XDWT.DE tracks MSCI World/Information Tech NR USD.
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