I500.DE vs. DBXP.DE
I500.DE (iShares S&P 500 Swap UCITS ETF USD (Acc)) and DBXP.DE (Xtrackers Eurozone Government Bond 1-3 UCITS ETF) are both exchange-traded funds - I500.DE is a S&P 500 fund tracking the S&P 500 Index, while DBXP.DE is a European Government Bonds fund tracking the iBoxx® EUR Eurozone 1-3. Both are passively managed. Over the past 5 years, I500.DE returned 15.00%/yr vs 0.70%/yr for DBXP.DE. At a 0.04 correlation, their price movements are largely independent. I500.DE charges 0.07%/yr vs 0.15%/yr for DBXP.DE.
Performance
I500.DE vs. DBXP.DE - Performance Comparison
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Returns By Period
In the year-to-date period, I500.DE achieves a 11.45% return, which is significantly higher than DBXP.DE's 0.24% return.
I500.DE
- 1D
- -0.12%
- 1M
- 2.96%
- YTD
- 11.45%
- 6M
- 12.73%
- 1Y
- 26.34%
- 3Y*
- 19.08%
- 5Y*
- 15.00%
- 10Y*
- —
DBXP.DE
- 1D
- 0.16%
- 1M
- 0.43%
- YTD
- 0.24%
- 6M
- 0.42%
- 1Y
- 0.98%
- 3Y*
- 2.70%
- 5Y*
- 0.70%
- 10Y*
- 0.25%
I500.DE vs. DBXP.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
I500.DE iShares S&P 500 Swap UCITS ETF USD (Acc) | 11.45% | 4.94% | 32.50% | 22.82% | -14.07% | 41.05% | 6.32% |
DBXP.DE Xtrackers Eurozone Government Bond 1-3 UCITS ETF | 0.24% | 2.21% | 2.99% | 3.41% | -4.65% | -0.79% | 0.05% |
Correlation
The correlation between I500.DE and DBXP.DE is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Sep 29, 2020 | 0.04 |
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Return for Risk
I500.DE vs. DBXP.DE — Risk / Return Rank
I500.DE
DBXP.DE
I500.DE vs. DBXP.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Swap UCITS ETF USD (Acc) (I500.DE) and Xtrackers Eurozone Government Bond 1-3 UCITS ETF (DBXP.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.
| I500.DE | DBXP.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.45 | ||
| Sortino ratioReturn per unit of downside risk | +1.87 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.15 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 3.60 | 0.79 | +2.82 |
| Martin ratioReturn relative to average drawdown | 12.82 | 2.48 | +10.34 |
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Drawdowns
I500.DE vs. DBXP.DE - Drawdown Comparison
The maximum I500.DE drawdown since its inception was -23.24%, which is greater than DBXP.DE's maximum drawdown of -6.77%. Use the drawdown chart below to compare losses from any high point for I500.DE and DBXP.DE.
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Drawdown Indicators
| I500.DE | DBXP.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.24% | -6.77% | -16.47% |
Max Drawdown (1Y)Largest decline over 1 year | -7.12% | -1.24% | -5.88% |
Max Drawdown (3Y)Largest decline over 3 years | -23.24% | -1.24% | -22.00% |
Max Drawdown (5Y)Largest decline over 5 years | -23.24% | -5.67% | -17.57% |
Max Drawdown (10Y)Largest decline over 10 years | — | -6.77% | — |
Current DrawdownCurrent decline from peak | -0.46% | -0.35% | -0.11% |
Average DrawdownAverage peak-to-trough decline | -4.06% | -0.99% | -3.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.01% | 0.39% | +1.62% |
Volatility
I500.DE vs. DBXP.DE - Volatility Comparison
iShares S&P 500 Swap UCITS ETF USD (Acc) (I500.DE) has a higher volatility of 2.65% compared to Xtrackers Eurozone Government Bond 1-3 UCITS ETF (DBXP.DE) at 0.45%. This indicates that I500.DE's price experiences larger fluctuations and is considered to be riskier than DBXP.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| I500.DE | DBXP.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.65% | 0.45% | +2.20% |
Volatility (6M)Calculated over the trailing 6-month period | 7.60% | 1.20% | +6.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.65% | 1.30% | +10.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.19% | 1.66% | +13.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.13% | 1.80% | +13.33% |
I500.DE vs. DBXP.DE - Expense Ratio Comparison
I500.DE has a 0.07% expense ratio, which is lower than DBXP.DE's 0.15% 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
I500.DE vs. DBXP.DE - Dividend Comparison
Neither I500.DE nor DBXP.DE has paid dividends to shareholders.
Frequently Asked Questions
I500.DE and DBXP.DE have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, I500.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
I500.DE is cheaper with a 0.07% expense ratio, compared with 0.15% for DBXP.DE.
I500.DE is categorized as S&P 500, while DBXP.DE is European Government Bonds. I500.DE tracks S&P 500 Index, while DBXP.DE tracks iBoxx® EUR Eurozone 1-3. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.07% for I500.DE and 0.15% for DBXP.DE.
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