ESEB vs. BGRN
Compare and contrast key facts about Xtrackers J.P. Morgan ESG Emerging Markets Sovereign ETF (ESEB) and iShares Global Green Bond ETF (BGRN).
ESEB and BGRN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ESEB is a passively managed fund by Deutsche Bank that tracks the performance of the J.P. Morgan ESG EMBI Global Diversified Sovereign Index. It was launched on Mar 3, 2015. BGRN is a passively managed fund by iShares that tracks the performance of the Bloomberg Barclays MSCI Green Bond Select USD Hedged Index. It was launched on Nov 13, 2018. Both ESEB and BGRN 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: ESEB or BGRN.
Key characteristics
| ESEB | BGRN | |
|---|---|---|
| YTD Return | -0.48% | -1.56% |
| 1Y Return | 7.36% | 1.66% |
| 3Y Return (Ann) | -3.62% | -3.08% |
| 5Y Return (Ann) | -2.34% | -0.05% |
| Sharpe Ratio | 1.06 | 0.33 |
| Daily Std Dev | 8.14% | 5.65% |
| Max Drawdown | -31.07% | -19.16% |
| Current Drawdown | -15.97% | -11.53% |
Correlation
The correlation between ESEB and BGRN is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ESEB vs. BGRN - Performance Comparison
In the year-to-date period, ESEB achieves a -0.48% return, which is significantly higher than BGRN's -1.56% 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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ESEB vs. BGRN - Expense Ratio Comparison
ESEB has a 0.35% expense ratio, which is higher than BGRN's 0.20% expense ratio.
Risk-Adjusted Performance
ESEB vs. BGRN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers J.P. Morgan ESG Emerging Markets Sovereign ETF (ESEB) and iShares Global Green Bond ETF (BGRN). 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
ESEB vs. BGRN - Dividend Comparison
ESEB's dividend yield for the trailing twelve months is around 5.72%, more than BGRN's 3.73% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
ESEB Xtrackers J.P. Morgan ESG Emerging Markets Sovereign ETF | 5.72% | 6.07% | 5.06% | 4.00% | 3.53% | 4.46% | 4.62% | 4.53% | 4.99% | 4.59% |
BGRN iShares Global Green Bond ETF | 3.73% | 3.52% | 2.66% | 0.78% | 1.82% | 3.66% | 0.21% | 0.00% | 0.00% | 0.00% |
Drawdowns
ESEB vs. BGRN - Drawdown Comparison
The maximum ESEB drawdown since its inception was -31.07%, which is greater than BGRN's maximum drawdown of -19.16%. Use the drawdown chart below to compare losses from any high point for ESEB and BGRN. For additional features, visit the drawdowns tool.
Volatility
ESEB vs. BGRN - Volatility Comparison
The current volatility for Xtrackers J.P. Morgan ESG Emerging Markets Sovereign ETF (ESEB) is 0.00%, while iShares Global Green Bond ETF (BGRN) has a volatility of 1.58%. This indicates that ESEB experiences smaller price fluctuations and is considered to be less risky than BGRN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.