EXHC.DE vs. SYBW.DE
EXHC.DE (iShares eb.rexx Government Germany 2.5-5.5yr UCITS ETF (DE)) and SYBW.DE (State Street SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF (Dist)) are both Government Bonds funds - EXHC.DE tracks the eb.rexx Government Germany 2.5-5.5 Index while SYBW.DE tracks the Bloomberg U.S. 1-3 Year Treasury Bond Index. Both are passively managed. Over the past 10 years, EXHC.DE returned -0.63%/yr vs 1.33%/yr for SYBW.DE. At a 0.11 correlation, their price movements are largely independent. EXHC.DE charges 0.16%/yr vs 0.05%/yr for SYBW.DE.
Performance
EXHC.DE vs. SYBW.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EXHC.DE achieves a 0.37% return, which is significantly lower than SYBW.DE's 3.59% return. Over the past 10 years, EXHC.DE has underperformed SYBW.DE with an annualized return of -0.63%, while SYBW.DE has yielded a comparatively higher 1.33% annualized return.
EXHC.DE
- 1D
- -0.17%
- 1M
- 0.67%
- 6M
- 0.42%
- YTD
- 0.37%
- 1Y
- 0.40%
- 3Y*
- 2.33%
- 5Y*
- -0.87%
- 10Y*
- -0.63%
SYBW.DE
- 1D
- 0.05%
- 1M
- 1.76%
- 6M
- 3.44%
- YTD
- 3.59%
- 1Y
- 6.16%
- 3Y*
- 2.70%
- 5Y*
- 2.56%
- 10Y*
- 1.33%
EXHC.DE vs. SYBW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EXHC.DE iShares eb.rexx Government Germany 2.5-5.5yr UCITS ETF (DE) | 0.37% | 1.16% | 1.57% | 4.17% | -10.23% | -1.37% | -0.09% | -0.18% | 0.47% | -1.24% |
SYBW.DE State Street SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF (Dist) | 3.59% | -6.50% | 9.98% | 0.49% | 2.02% | 7.59% | -6.16% | 5.97% | 6.10% | -11.87% |
Correlation
The correlation between EXHC.DE and SYBW.DE is -0.19, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Aug 27, 2013 | 0.11 |
The correlation between EXHC.DE and SYBW.DE shifts across timeframes, from -0.19 (1 year) to 0.12 (10 years), reflecting how their relationship changes across market environments.
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
EXHC.DE vs. SYBW.DE — Risk / Return Rank
EXHC.DE
SYBW.DE
EXHC.DE vs. SYBW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares eb.rexx Government Germany 2.5-5.5yr UCITS ETF (DE) (EXHC.DE) and State Street SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF (Dist) (SYBW.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.
| EXHC.DE | SYBW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.94 | ||
| Sortino ratioReturn per unit of downside risk | -1.40 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.19 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 0.19 | 1.75 | -1.55 |
| Martin ratioReturn relative to average drawdown | 0.46 | 4.36 | -3.90 |
Loading charts...
Drawdowns
EXHC.DE vs. SYBW.DE - Drawdown Comparison
The maximum EXHC.DE drawdown since its inception was -14.39%, smaller than the maximum SYBW.DE drawdown of -28.24%. Use the drawdown chart below to compare losses from any high point for EXHC.DE and SYBW.DE.
Loading charts...
Drawdown Indicators
| EXHC.DE | SYBW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.39% | -28.24% | +13.85% |
Max Drawdown (1Y)Largest decline over 1 year | -2.06% | -3.52% | +1.46% |
Max Drawdown (3Y)Largest decline over 3 years | -2.33% | -10.87% | +8.54% |
Max Drawdown (5Y)Largest decline over 5 years | -12.55% | -12.61% | +0.06% |
Max Drawdown (10Y)Largest decline over 10 years | -14.39% | -20.37% | +5.98% |
Current DrawdownCurrent decline from peak | -6.78% | -5.29% | -1.49% |
Average DrawdownAverage peak-to-trough decline | -2.90% | -9.75% | +6.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.87% | 1.41% | -0.54% |
Volatility
EXHC.DE vs. SYBW.DE - Volatility Comparison
The current volatility for iShares eb.rexx Government Germany 2.5-5.5yr UCITS ETF (DE) (EXHC.DE) is 0.52%, while State Street SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF (Dist) (SYBW.DE) has a volatility of 1.52%. This indicates that EXHC.DE experiences smaller price fluctuations and is considered to be less risky than SYBW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EXHC.DE | SYBW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.52% | 1.52% | -1.00% |
Volatility (6M)Calculated over the trailing 6-month period | 2.06% | 3.95% | -1.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.39% | 5.54% | -3.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.59% | 7.16% | -3.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.76% | 10.47% | -7.71% |
EXHC.DE vs. SYBW.DE - Expense Ratio Comparison
EXHC.DE has a 0.16% expense ratio, which is higher than SYBW.DE's 0.05% 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
EXHC.DE vs. SYBW.DE - Dividend Comparison
EXHC.DE's dividend yield for the trailing twelve months is around 1.40%, less than SYBW.DE's 3.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EXHC.DE iShares eb.rexx Government Germany 2.5-5.5yr UCITS ETF (DE) | 1.40% | 1.38% | 1.11% | 0.81% | 0.41% | 0.68% | 0.86% | 1.08% | 0.91% | 1.34% | 1.65% | 1.82% |
SYBW.DE State Street SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF (Dist) | 3.83% | 4.34% | 3.98% | 3.01% | 0.64% | 0.54% | 1.91% | 2.03% | 1.33% | 1.05% | 0.68% | 0.53% |
Frequently Asked Questions
EXHC.DE and SYBW.DE have a correlation of -0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SYBW.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SYBW.DE is cheaper with a 0.05% expense ratio, compared with 0.16% for EXHC.DE.
EXHC.DE tracks eb.rexx Government Germany 2.5-5.5 Index, while SYBW.DE tracks Bloomberg U.S. 1-3 Year Treasury Bond Index. They also come from different issuers: iShares and State Street. Their fees differ too: 0.16% for EXHC.DE and 0.05% for SYBW.DE.
Find the right allocation for EXHC.DE and SYBW.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