EUCO.L vs. XBLC.L
EUCO.L (SPDR Bloomberg Euro Corporate Bond UCITS ETF) and XBLC.L (Xtrackers II EUR Corporate Bond UCITS ETF 1C) are both European Corporate Bonds funds tracking the Bloomberg Euro Corp TR EUR, from State Street and Xtrackers respectively. Both are passively managed. Over the past 5 years, EUCO.L returned 0.01%/yr vs 0.08%/yr for XBLC.L. Their correlation of 0.90 suggests significant overlap in exposure. Both charge a 0.12% expense ratio.
Performance
EUCO.L vs. XBLC.L - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with EUCO.L having a 0.53% return and XBLC.L slightly higher at 0.55%.
EUCO.L
- 1D
- 0.09%
- 1M
- 0.70%
- YTD
- 0.53%
- 6M
- 0.41%
- 1Y
- 1.90%
- 3Y*
- 4.56%
- 5Y*
- 0.01%
- 10Y*
- 1.02%
XBLC.L
- 1D
- 0.10%
- 1M
- 0.71%
- YTD
- 0.55%
- 6M
- 0.44%
- 1Y
- 1.87%
- 3Y*
- 4.55%
- 5Y*
- 0.08%
- 10Y*
- —
EUCO.L vs. XBLC.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EUCO.L SPDR Bloomberg Euro Corporate Bond UCITS ETF | 0.53% | 2.91% | 4.46% | 7.64% | -13.67% | -1.21% | 2.64% | 6.74% | -1.39% | 0.60% |
XBLC.L Xtrackers II EUR Corporate Bond UCITS ETF 1C | 0.55% | 2.95% | 4.36% | 7.51% | -13.29% | -1.05% | 2.52% | 6.28% | -1.52% | 0.63% |
Correlation
The correlation between EUCO.L and XBLC.L is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.87 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Sep 22, 2017 | 0.90 |
The correlation between EUCO.L and XBLC.L has been stable across timeframes, ranging from 0.87 to 0.93 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EUCO.L vs. XBLC.L — Risk / Return Rank
EUCO.L
XBLC.L
EUCO.L vs. XBLC.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg Euro Corporate Bond UCITS ETF (EUCO.L) and Xtrackers II EUR Corporate Bond UCITS ETF 1C (XBLC.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.
| EUCO.L | XBLC.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | -0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.12 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.71 | 0.70 | +0.02 |
| Martin ratioReturn relative to average drawdown | 2.45 | 2.42 | +0.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| EUCO.L | XBLC.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.59 | 0.62 | -0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.00 | 0.02 | -0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.23 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.27 | 0.18 | +0.09 |
Drawdowns
EUCO.L vs. XBLC.L - Drawdown Comparison
The maximum EUCO.L drawdown since its inception was -17.53%, roughly equal to the maximum XBLC.L drawdown of -17.18%. Use the drawdown chart below to compare losses from any high point for EUCO.L and XBLC.L.
Loading charts...
Drawdown Indicators
| EUCO.L | XBLC.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.53% | -17.18% | -0.35% |
Max Drawdown (1Y)Largest decline over 1 year | -2.66% | -2.67% | +0.01% |
Max Drawdown (3Y)Largest decline over 3 years | -2.66% | -2.67% | +0.01% |
Max Drawdown (5Y)Largest decline over 5 years | -17.53% | -17.18% | -0.35% |
Max Drawdown (10Y)Largest decline over 10 years | -17.53% | — | — |
Current DrawdownCurrent decline from peak | -1.45% | -1.05% | -0.40% |
Average DrawdownAverage peak-to-trough decline | -3.86% | -4.50% | +0.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.77% | 0.77% | 0.00% |
Volatility
EUCO.L vs. XBLC.L - Volatility Comparison
SPDR Bloomberg Euro Corporate Bond UCITS ETF (EUCO.L) and Xtrackers II EUR Corporate Bond UCITS ETF 1C (XBLC.L) have volatilities of 1.18% and 1.18%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EUCO.L | XBLC.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.18% | 1.18% | 0.00% |
Volatility (6M)Calculated over the trailing 6-month period | 2.70% | 2.65% | +0.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.19% | 3.01% | +0.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.52% | 4.38% | +0.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.45% | 4.71% | -0.26% |
EUCO.L vs. XBLC.L - Expense Ratio Comparison
Both EUCO.L and XBLC.L have an expense ratio of 0.12%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
EUCO.L vs. XBLC.L - Dividend Comparison
EUCO.L's dividend yield for the trailing twelve months is around 3.26%, while XBLC.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUCO.L SPDR Bloomberg Euro Corporate Bond UCITS ETF | 3.26% | 3.25% | 3.07% | 2.13% | 0.96% | 0.89% | 0.86% | 1.38% | 0.89% | 1.21% | 1.36% | 1.71% |
XBLC.L Xtrackers II EUR Corporate Bond UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EUCO.L and XBLC.L have a correlation of 0.87, 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 0.12% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
EUCO.L and XBLC.L have the same expense ratio: 0.12% per year.
Both ETFs track Bloomberg Euro Corp TR EUR. They also come from different issuers: State Street and Xtrackers.
Find the right allocation for EUCO.L and XBLC.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer