DBZB.DE vs. XXSC.L
DBZB.DE (Xtrackers II Global Government Bond UCITS ETF EUR Hedged) and XXSC.L (Xtrackers MSCI Europe Small Cap 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 XXSC.L is a Europe Equities fund tracking the MSCI Europe Small Cap NR EUR. Both are passively managed. Over the past 10 years, DBZB.DE returned -0.99%/yr vs 7.54%/yr for XXSC.L. At a correlation of -0.08, they often move in opposite directions. DBZB.DE charges 0.25%/yr vs 0.30%/yr for XXSC.L.
Performance
DBZB.DE vs. XXSC.L - Performance Comparison
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Different Trading Currencies
DBZB.DE is traded in EUR, while XXSC.L is traded in GBp. To make them comparable, the XXSC.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, DBZB.DE achieves a -0.71% return, which is significantly lower than XXSC.L's 6.26% return. Over the past 10 years, DBZB.DE has underperformed XXSC.L with an annualized return of -0.99%, while XXSC.L has yielded a comparatively higher 7.54% annualized 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%
XXSC.L
- 1D
- -0.37%
- 1M
- 0.21%
- YTD
- 6.26%
- 6M
- 9.34%
- 1Y
- 10.84%
- 3Y*
- 11.06%
- 5Y*
- 3.86%
- 10Y*
- 7.54%
DBZB.DE vs. XXSC.L - 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% |
XXSC.L Xtrackers MSCI Europe Small Cap UCITS ETF 1C | 6.26% | 15.90% | 5.62% | 12.78% | -21.75% | 22.90% | 4.55% | 32.29% | -15.62% | 18.49% |
Correlation
The correlation between DBZB.DE and XXSC.L is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.00 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2009 | -0.08 |
The correlation between DBZB.DE and XXSC.L shifts across timeframes, from -0.08 (all time) to 0.36 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
DBZB.DE vs. XXSC.L — Risk / Return Rank
DBZB.DE
XXSC.L
DBZB.DE vs. XXSC.L - 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 Europe Small Cap UCITS ETF 1C (XXSC.L). 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 | XXSC.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.85 | ||
| Sortino ratioReturn per unit of downside risk | -1.25 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.16 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.01 | 1.09 | -1.10 |
| Martin ratioReturn relative to average drawdown | -0.04 | 3.84 | -3.88 |
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 | XXSC.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.01 | 0.84 | -0.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.47 | 0.18 | -0.65 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.21 | 0.39 | -0.60 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 0.09 | +0.13 |
Drawdowns
DBZB.DE vs. XXSC.L - Drawdown Comparison
The maximum DBZB.DE drawdown since its inception was -21.88%, smaller than the maximum XXSC.L drawdown of -77.06%. Use the drawdown chart below to compare losses from any high point for DBZB.DE and XXSC.L.
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Drawdown Indicators
| DBZB.DE | XXSC.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.88% | -77.06% | +55.18% |
Max Drawdown (1Y)Largest decline over 1 year | -3.52% | -9.91% | +6.39% |
Max Drawdown (3Y)Largest decline over 3 years | -5.14% | -18.72% | +13.58% |
Max Drawdown (5Y)Largest decline over 5 years | -19.51% | -32.83% | +13.32% |
Max Drawdown (10Y)Largest decline over 10 years | -21.88% | -42.75% | +20.87% |
Current DrawdownCurrent decline from peak | -16.44% | -2.32% | -14.12% |
Average DrawdownAverage peak-to-trough decline | -5.97% | -21.60% | +15.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.26% | 2.82% | -1.56% |
Volatility
DBZB.DE vs. XXSC.L - Volatility Comparison
The current volatility for Xtrackers II Global Government Bond UCITS ETF EUR Hedged (DBZB.DE) is 1.48%, while Xtrackers MSCI Europe Small Cap UCITS ETF 1C (XXSC.L) has a volatility of 3.56%. This indicates that DBZB.DE experiences smaller price fluctuations and is considered to be less risky than XXSC.L 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 | XXSC.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.48% | 3.56% | -2.08% |
Volatility (6M)Calculated over the trailing 6-month period | 3.06% | 10.58% | -7.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.86% | 12.95% | -9.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.37% | 20.96% | -15.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.74% | 19.35% | -14.61% |
DBZB.DE vs. XXSC.L - Expense Ratio Comparison
DBZB.DE has a 0.25% expense ratio, which is lower than XXSC.L's 0.30% expense ratio.
Dividends
DBZB.DE vs. XXSC.L - Dividend Comparison
Neither DBZB.DE nor XXSC.L has paid dividends to shareholders.
Frequently Asked Questions
DBZB.DE and XXSC.L have a correlation of 0.36, 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 0.30% for XXSC.L.
DBZB.DE is categorized as Global Bonds, while XXSC.L is Europe Equities. DBZB.DE tracks FTSE World Government Bond - Developed Markets (EUR Hedged), while XXSC.L tracks MSCI Europe Small Cap NR EUR. They also come from different issuers: Xtrackers and DWS. Their fees differ too: 0.25% for DBZB.DE and 0.30% for XXSC.L.
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