EUN9.DE vs. D5BB.DE
EUN9.DE (iShares Euro Government Bond 5-7yr UCITS ETF) and D5BB.DE (Xtrackers II Germany Government Bond UCITS ETF) are both European Government Bonds funds - EUN9.DE tracks the Bloomberg Euro Government Bond 5-7 while D5BB.DE tracks the iBoxx® EUR Germany. Both are passively managed. Over the past 10 years, EUN9.DE returned 0.08%/yr vs -1.28%/yr for D5BB.DE. A 0.77 correlation means they provide meaningful diversification when combined. Both charge a 0.15% expense ratio.
Performance
EUN9.DE vs. D5BB.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EUN9.DE achieves a -0.02% return, which is significantly higher than D5BB.DE's -0.06% return. Over the past 10 years, EUN9.DE has outperformed D5BB.DE with an annualized return of 0.08%, while D5BB.DE has yielded a comparatively lower -1.28% annualized return.
EUN9.DE
- 1D
- 0.08%
- 1M
- -0.03%
- YTD
- -0.02%
- 6M
- -0.02%
- 1Y
- 0.85%
- 3Y*
- 2.94%
- 5Y*
- -1.15%
- 10Y*
- 0.08%
D5BB.DE
- 1D
- 0.09%
- 1M
- -0.02%
- YTD
- -0.06%
- 6M
- -0.23%
- 1Y
- -0.99%
- 3Y*
- 0.85%
- 5Y*
- -3.03%
- 10Y*
- -1.28%
EUN9.DE vs. D5BB.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EUN9.DE iShares Euro Government Bond 5-7yr UCITS ETF | -0.02% | 2.45% | 1.87% | 6.90% | -14.78% | -1.90% | 2.71% | 4.34% | 0.55% | 0.34% |
D5BB.DE Xtrackers II Germany Government Bond UCITS ETF | -0.06% | -1.48% | 0.17% | 5.19% | -17.79% | -2.56% | 2.70% | 2.83% | 2.38% | -1.64% |
Correlation
The correlation between EUN9.DE and D5BB.DE is 0.94, 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 | 0.94 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.95 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.95 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Jan 20, 2010 | 0.77 |
The correlation between EUN9.DE and D5BB.DE shifts across timeframes, from 0.77 (all time) to 0.95 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
EUN9.DE vs. D5BB.DE — Risk / Return Rank
EUN9.DE
D5BB.DE
EUN9.DE vs. D5BB.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Euro Government Bond 5-7yr UCITS ETF (EUN9.DE) and Xtrackers II Germany Government Bond UCITS ETF (D5BB.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.
| EUN9.DE | D5BB.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.48 | ||
| Sortino ratioReturn per unit of downside risk | +0.67 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 0.94 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.12 | -0.48 | +0.60 |
| Martin ratioReturn relative to average drawdown | 0.33 | -1.00 | +1.33 |
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
| EUN9.DE | D5BB.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.10 | -0.37 | +0.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.21 | -0.49 | +0.28 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.02 | -0.24 | +0.26 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.17 | +0.17 |
Drawdowns
EUN9.DE vs. D5BB.DE - Drawdown Comparison
The maximum EUN9.DE drawdown since its inception was -17.43%, smaller than the maximum D5BB.DE drawdown of -23.86%. Use the drawdown chart below to compare losses from any high point for EUN9.DE and D5BB.DE.
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Drawdown Indicators
| EUN9.DE | D5BB.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.43% | -23.86% | +6.43% |
Max Drawdown (1Y)Largest decline over 1 year | -3.42% | -2.88% | -0.54% |
Max Drawdown (3Y)Largest decline over 3 years | -3.42% | -4.96% | +1.54% |
Max Drawdown (5Y)Largest decline over 5 years | -17.35% | -21.18% | +3.83% |
Max Drawdown (10Y)Largest decline over 10 years | -17.43% | -23.86% | +6.43% |
Current DrawdownCurrent decline from peak | -7.00% | -19.30% | +12.30% |
Average DrawdownAverage peak-to-trough decline | -3.80% | -6.98% | +3.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.23% | 1.39% | -0.16% |
Volatility
EUN9.DE vs. D5BB.DE - Volatility Comparison
iShares Euro Government Bond 5-7yr UCITS ETF (EUN9.DE) has a higher volatility of 1.57% compared to Xtrackers II Germany Government Bond UCITS ETF (D5BB.DE) at 1.45%. This indicates that EUN9.DE's price experiences larger fluctuations and is considered to be riskier than D5BB.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EUN9.DE | D5BB.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.57% | 1.45% | +0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 3.45% | 2.97% | +0.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.96% | 3.70% | +0.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.41% | 6.10% | -0.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.32% | 5.26% | -0.94% |
EUN9.DE vs. D5BB.DE - Expense Ratio Comparison
Both EUN9.DE and D5BB.DE have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
EUN9.DE vs. D5BB.DE - Dividend Comparison
EUN9.DE's dividend yield for the trailing twelve months is around 2.66%, more than D5BB.DE's 1.70% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
D5BB.DE Xtrackers II Germany Government Bond UCITS ETF | 1.70% | 1.58% | 1.36% | 1.13% | 1.79% | 1.15% | 0.00% | 0.00% | 0.00% | 0.56% | 0.00% | 0.77% |
EUN9.DE iShares Euro Government Bond 5-7yr UCITS ETF | 2.66% | 2.66% | 2.53% | 0.86% | 0.00% | 0.00% | 0.14% | 0.49% | 0.35% | 0.23% | 0.53% | 0.36% |
Frequently Asked Questions
With a correlation of 0.94, EUN9.DE and D5BB.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
Both ETFs have the same 0.15% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
EUN9.DE and D5BB.DE have the same expense ratio: 0.15% per year.
EUN9.DE tracks Bloomberg Euro Government Bond 5-7, while D5BB.DE tracks iBoxx® EUR Germany. They also come from different issuers: iShares and Xtrackers.
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