EIBX.DE vs. X03B.DE
EIBX.DE (Invesco Euro Government Bond 7-10 Year UCITS ETF Dist) and X03B.DE (Xtrackers Eurozone Government Bond 1-3 UCITS ETF) are both European Government Bonds funds - EIBX.DE tracks the Bloomberg Euro Government Select 7-10 while X03B.DE tracks the iBoxx® EUR Eurozone 1-3. Both are passively managed. Over the past 5 years, EIBX.DE returned -2.61%/yr vs 0.70%/yr for X03B.DE. A 0.79 correlation means they provide meaningful diversification when combined. EIBX.DE charges 0.10%/yr vs 0.15%/yr for X03B.DE.
Performance
EIBX.DE vs. X03B.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EIBX.DE achieves a -0.50% return, which is significantly lower than X03B.DE's 0.15% return.
EIBX.DE
- 1D
- -0.13%
- 1M
- -1.31%
- 6M
- -1.02%
- YTD
- -0.50%
- 1Y
- 0.46%
- 3Y*
- 2.68%
- 5Y*
- -2.61%
- 10Y*
- —
X03B.DE
- 1D
- -0.04%
- 1M
- -0.11%
- 6M
- 0.02%
- YTD
- 0.15%
- 1Y
- 0.75%
- 3Y*
- 2.73%
- 5Y*
- 0.70%
- 10Y*
- 0.23%
EIBX.DE vs. X03B.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
EIBX.DE Invesco Euro Government Bond 7-10 Year UCITS ETF Dist | -0.50% | 1.88% | 0.91% | 8.83% | -19.82% | -2.95% | 4.27% | -3.35% |
X03B.DE Xtrackers Eurozone Government Bond 1-3 UCITS ETF | 0.15% | 2.25% | 3.05% | 3.36% | -4.65% | -0.78% | -0.13% | -0.45% |
Correlation
The correlation between EIBX.DE and X03B.DE is 0.74, 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 | 0.74 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.82 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since Aug 28, 2019 | 0.79 |
The correlation between EIBX.DE and X03B.DE shifts across timeframes, from 0.74 (1 year) to 0.86 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
EIBX.DE vs. X03B.DE — Risk / Return Rank
EIBX.DE
X03B.DE
EIBX.DE vs. X03B.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Euro Government Bond 7-10 Year UCITS ETF Dist (EIBX.DE) and Xtrackers Eurozone Government Bond 1-3 UCITS ETF (X03B.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.
| EIBX.DE | X03B.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.47 | ||
| Sortino ratioReturn per unit of downside risk | -0.65 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.11 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.11 | 0.58 | -0.47 |
| Martin ratioReturn relative to average drawdown | 0.28 | 1.79 | -1.50 |
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Drawdowns
EIBX.DE vs. X03B.DE - Drawdown Comparison
The maximum EIBX.DE drawdown since its inception was -23.08%, which is greater than X03B.DE's maximum drawdown of -6.78%. Use the drawdown chart below to compare losses from any high point for EIBX.DE and X03B.DE.
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Drawdown Indicators
| EIBX.DE | X03B.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.08% | -6.78% | -16.30% |
Max Drawdown (1Y)Largest decline over 1 year | -4.07% | -1.28% | -2.79% |
Max Drawdown (3Y)Largest decline over 3 years | -4.43% | -1.28% | -3.15% |
Max Drawdown (5Y)Largest decline over 5 years | -22.78% | -5.67% | -17.11% |
Max Drawdown (10Y)Largest decline over 10 years | — | -6.73% | — |
Current DrawdownCurrent decline from peak | -13.74% | -0.42% | -13.32% |
Average DrawdownAverage peak-to-trough decline | -11.09% | -1.17% | -9.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.61% | 0.42% | +1.19% |
Volatility
EIBX.DE vs. X03B.DE - Volatility Comparison
Invesco Euro Government Bond 7-10 Year UCITS ETF Dist (EIBX.DE) has a higher volatility of 1.55% compared to Xtrackers Eurozone Government Bond 1-3 UCITS ETF (X03B.DE) at 0.37%. This indicates that EIBX.DE's price experiences larger fluctuations and is considered to be riskier than X03B.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EIBX.DE | X03B.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.55% | 0.37% | +1.18% |
Volatility (6M)Calculated over the trailing 6-month period | 4.25% | 1.25% | +3.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.14% | 1.33% | +3.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.43% | 1.64% | +5.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.56% | 1.33% | +5.23% |
EIBX.DE vs. X03B.DE - Expense Ratio Comparison
EIBX.DE has a 0.10% expense ratio, which is lower than X03B.DE's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
EIBX.DE vs. X03B.DE - Dividend Comparison
EIBX.DE's dividend yield for the trailing twelve months is around 3.01%, more than X03B.DE's 1.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EIBX.DE Invesco Euro Government Bond 7-10 Year UCITS ETF Dist | 3.01% | 2.89% | 2.87% | 2.43% | 0.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
X03B.DE Xtrackers Eurozone Government Bond 1-3 UCITS ETF | 1.53% | 1.39% | 0.98% | 0.28% | 0.12% | 0.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.65% | 0.66% |
Frequently Asked Questions
EIBX.DE and X03B.DE have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EIBX.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EIBX.DE is cheaper with a 0.10% expense ratio, compared with 0.15% for X03B.DE.
EIBX.DE tracks Bloomberg Euro Government Select 7-10, while X03B.DE tracks iBoxx® EUR Eurozone 1-3. They also come from different issuers: Invesco and Xtrackers. Their fees differ too: 0.10% for EIBX.DE and 0.15% for X03B.DE.
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