EXHB.DE vs. X03B.DE
EXHB.DE (iShares eb.rexx Government Germany 1.5-2.5yr UCITS ETF (DE)) and X03B.DE (Xtrackers Eurozone Government Bond 1-3 UCITS ETF) are both European Government Bonds funds - EXHB.DE tracks the eb.rexx® Government Germany 1.5-2.5 while X03B.DE tracks the iBoxx® EUR Eurozone 1-3. Both are passively managed. Over the past 10 years, EXHB.DE returned -0.27%/yr vs 0.23%/yr for X03B.DE. A 0.55 correlation means they provide meaningful diversification when combined. EXHB.DE charges 0.16%/yr vs 0.15%/yr for X03B.DE.
Performance
EXHB.DE vs. X03B.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EXHB.DE achieves a 0.01% return, which is significantly lower than X03B.DE's 0.05% return. Over the past 10 years, EXHB.DE has underperformed X03B.DE with an annualized return of -0.27%, while X03B.DE has yielded a comparatively higher 0.23% annualized return.
EXHB.DE
- 1D
- 0.06%
- 1M
- 0.22%
- YTD
- 0.01%
- 6M
- -0.00%
- 1Y
- 0.43%
- 3Y*
- 2.11%
- 5Y*
- 0.21%
- 10Y*
- -0.27%
X03B.DE
- 1D
- 0.04%
- 1M
- 0.27%
- YTD
- 0.05%
- 6M
- 0.17%
- 1Y
- 0.81%
- 3Y*
- 2.63%
- 5Y*
- 0.68%
- 10Y*
- 0.23%
EXHB.DE vs. X03B.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EXHB.DE iShares eb.rexx Government Germany 1.5-2.5yr UCITS ETF (DE) | 0.01% | 1.65% | 2.56% | 2.58% | -5.04% | -0.96% | -0.80% | -0.87% | -0.54% | -1.07% |
X03B.DE Xtrackers Eurozone Government Bond 1-3 UCITS ETF | 0.05% | 2.25% | 3.05% | 3.35% | -4.64% | -0.79% | -0.13% | 0.14% | -0.34% | -0.48% |
Correlation
The correlation between EXHB.DE and X03B.DE is 0.77, 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 | 0.77 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.81 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.86 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Jan 10, 2012 | 0.55 |
Over the past year, EXHB.DE and X03B.DE have become more correlated (0.77) than their long-term average of 0.55, meaning their price movements have been converging.
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
EXHB.DE vs. X03B.DE — Risk / Return Rank
EXHB.DE
X03B.DE
EXHB.DE vs. X03B.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares eb.rexx Government Germany 1.5-2.5yr UCITS ETF (DE) (EXHB.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.
| EXHB.DE | X03B.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.28 | ||
| Sortino ratioReturn per unit of downside risk | -0.41 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.13 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.36 | 0.63 | -0.27 |
| Martin ratioReturn relative to average drawdown | 1.07 | 2.04 | -0.97 |
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
| EXHB.DE | X03B.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.34 | 0.62 | -0.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.12 | 0.41 | -0.29 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.19 | 0.17 | -0.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | 0.57 | -0.41 |
Drawdowns
EXHB.DE vs. X03B.DE - Drawdown Comparison
The maximum EXHB.DE drawdown since its inception was -10.06%, 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 EXHB.DE and X03B.DE.
Loading charts...
Drawdown Indicators
| EXHB.DE | X03B.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.06% | -6.78% | -3.28% |
Max Drawdown (1Y)Largest decline over 1 year | -1.17% | -1.28% | +0.11% |
Max Drawdown (3Y)Largest decline over 3 years | -1.17% | -1.28% | +0.11% |
Max Drawdown (5Y)Largest decline over 5 years | -6.45% | -5.67% | -0.78% |
Max Drawdown (10Y)Largest decline over 10 years | -10.06% | -6.78% | -3.28% |
Current DrawdownCurrent decline from peak | -2.91% | -0.51% | -2.40% |
Average DrawdownAverage peak-to-trough decline | -2.72% | -1.19% | -1.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.40% | 0.40% | 0.00% |
Volatility
EXHB.DE vs. X03B.DE - Volatility Comparison
iShares eb.rexx Government Germany 1.5-2.5yr UCITS ETF (DE) (EXHB.DE) and Xtrackers Eurozone Government Bond 1-3 UCITS ETF (X03B.DE) have volatilities of 0.49% and 0.50%, 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
| EXHB.DE | X03B.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.49% | 0.50% | -0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 1.12% | 1.20% | -0.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.25% | 1.30% | -0.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.72% | 1.63% | +0.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.44% | 1.32% | +0.12% |
EXHB.DE vs. X03B.DE - Expense Ratio Comparison
EXHB.DE has a 0.16% expense ratio, which is higher than X03B.DE's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
EXHB.DE vs. X03B.DE - Dividend Comparison
EXHB.DE's dividend yield for the trailing twelve months is around 1.39%, less than X03B.DE's 1.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EXHB.DE iShares eb.rexx Government Germany 1.5-2.5yr UCITS ETF (DE) | 1.39% | 0.96% | 0.72% | 0.60% | 1.05% | 0.97% | 0.80% | 1.06% | 0.87% | 1.50% | 1.42% | 1.49% |
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
EXHB.DE and X03B.DE have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, X03B.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
X03B.DE is cheaper with a 0.15% expense ratio, compared with 0.16% for EXHB.DE.
EXHB.DE tracks eb.rexx® Government Germany 1.5-2.5, while X03B.DE tracks iBoxx® EUR Eurozone 1-3. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.16% for EXHB.DE and 0.15% for X03B.DE.
Find the right allocation for EXHB.DE and X03B.DE
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