EXHF.DE vs. XGEZ.DE
EXHF.DE (iShares Euro Government Bond Capped 1.5-10.5yr UCITS ETF (DE)) and XGEZ.DE (Xtrackers II Eurozone Government Green Bond UCITS ETF) are both European Government Bonds funds - EXHF.DE tracks the iBoxx® EUR Liquid Sovereigns Capped 1.5-10.5 while XGEZ.DE tracks the iBoxx® EUR Eurozone Sovereigns Green Bonds Capped. Both are passively managed. Over the past 3 years, EXHF.DE returned 2.53%/yr vs 1.19%/yr for XGEZ.DE. Their correlation of 0.94 suggests significant overlap in exposure. EXHF.DE charges 0.15%/yr vs 0.18%/yr for XGEZ.DE.
Performance
EXHF.DE vs. XGEZ.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EXHF.DE achieves a -0.61% return, which is significantly lower than XGEZ.DE's 0.02% return.
EXHF.DE
- 1D
- 0.03%
- 1M
- -0.63%
- YTD
- -0.61%
- 6M
- -0.60%
- 1Y
- 0.03%
- 3Y*
- 2.53%
- 5Y*
- -1.98%
- 10Y*
- -0.22%
XGEZ.DE
- 1D
- 0.09%
- 1M
- -0.02%
- YTD
- 0.02%
- 6M
- -0.16%
- 1Y
- -1.07%
- 3Y*
- 1.19%
- 5Y*
- —
- 10Y*
- —
EXHF.DE vs. XGEZ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
EXHF.DE iShares Euro Government Bond Capped 1.5-10.5yr UCITS ETF (DE) | -0.61% | 1.93% | 1.59% | 7.50% | -0.26% |
XGEZ.DE Xtrackers II Eurozone Government Green Bond UCITS ETF | 0.02% | -2.16% | -0.51% | 8.88% | 0.10% |
Correlation
The correlation between EXHF.DE and XGEZ.DE is 0.92, 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 | 0.92 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since Oct 20, 2022 | 0.94 |
The correlation between EXHF.DE and XGEZ.DE has been stable across timeframes, ranging from 0.92 to 0.94 - 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
EXHF.DE vs. XGEZ.DE — Risk / Return Rank
EXHF.DE
XGEZ.DE
EXHF.DE vs. XGEZ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Euro Government Bond Capped 1.5-10.5yr UCITS ETF (DE) (EXHF.DE) and Xtrackers II Eurozone Government Green Bond UCITS ETF (XGEZ.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.
| EXHF.DE | XGEZ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.15 | ||
| Sortino ratioReturn per unit of downside risk | +0.21 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 0.96 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.11 | -0.34 | +0.23 |
| Martin ratioReturn relative to average drawdown | -0.29 | -0.72 | +0.43 |
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
| EXHF.DE | XGEZ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.09 | -0.25 | +0.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.31 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.04 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.17 | +0.32 |
Drawdowns
EXHF.DE vs. XGEZ.DE - Drawdown Comparison
The maximum EXHF.DE drawdown since its inception was -20.75%, which is greater than XGEZ.DE's maximum drawdown of -13.63%. Use the drawdown chart below to compare losses from any high point for EXHF.DE and XGEZ.DE.
Loading charts...
Drawdown Indicators
| EXHF.DE | XGEZ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.75% | -13.63% | -7.12% |
Max Drawdown (1Y)Largest decline over 1 year | -3.59% | -4.70% | +1.11% |
Max Drawdown (3Y)Largest decline over 3 years | -3.59% | -7.89% | +4.30% |
Max Drawdown (5Y)Largest decline over 5 years | -20.48% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -20.75% | — | — |
Current DrawdownCurrent decline from peak | -11.58% | -5.48% | -6.10% |
Average DrawdownAverage peak-to-trough decline | -4.35% | -5.39% | +1.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.30% | 2.20% | -0.90% |
Volatility
EXHF.DE vs. XGEZ.DE - Volatility Comparison
The current volatility for iShares Euro Government Bond Capped 1.5-10.5yr UCITS ETF (DE) (EXHF.DE) is 1.96%, while Xtrackers II Eurozone Government Green Bond UCITS ETF (XGEZ.DE) has a volatility of 2.47%. This indicates that EXHF.DE experiences smaller price fluctuations and is considered to be less risky than XGEZ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EXHF.DE | XGEZ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.96% | 2.47% | -0.51% |
Volatility (6M)Calculated over the trailing 6-month period | 3.59% | 5.12% | -1.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.14% | 6.41% | -2.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.35% | 9.92% | -3.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.04% | 9.92% | -4.88% |
EXHF.DE vs. XGEZ.DE - Expense Ratio Comparison
EXHF.DE has a 0.15% expense ratio, which is lower than XGEZ.DE's 0.18% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
EXHF.DE vs. XGEZ.DE - Dividend Comparison
EXHF.DE's dividend yield for the trailing twelve months is around 1.61%, less than XGEZ.DE's 2.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EXHF.DE iShares Euro Government Bond Capped 1.5-10.5yr UCITS ETF (DE) | 1.61% | 1.74% | 1.03% | 0.51% | 0.63% | 0.62% | 0.66% | 0.75% | 0.75% | 1.51% | 1.87% | 2.45% |
XGEZ.DE Xtrackers II Eurozone Government Green Bond UCITS ETF | 2.10% | 1.99% | 2.07% | 1.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.92, EXHF.DE and XGEZ.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.
On fees, EXHF.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EXHF.DE is cheaper with a 0.15% expense ratio, compared with 0.18% for XGEZ.DE.
EXHF.DE tracks iBoxx® EUR Liquid Sovereigns Capped 1.5-10.5, while XGEZ.DE tracks iBoxx® EUR Eurozone Sovereigns Green Bonds Capped. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.15% for EXHF.DE and 0.18% for XGEZ.DE.
Find the right allocation for EXHF.DE and XGEZ.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