IS3K.DE vs. DBXJ.DE
IS3K.DE (iShares USD Short Duration High Yield Corporate Bond UCITS ETF) and DBXJ.DE (Xtrackers MSCI Japan UCITS ETF 1C) are both exchange-traded funds - IS3K.DE is a High Yield Bonds fund tracking the iBoxx® USD Liquid High Yield 0-5 Capped, while DBXJ.DE is a Japan Equities fund tracking the MSCI Japan. Both are passively managed. Over the past 10 years, IS3K.DE returned 4.40%/yr vs 8.95%/yr for DBXJ.DE. At a 0.44 correlation, their price movements are largely independent. IS3K.DE charges 0.45%/yr vs 0.12%/yr for DBXJ.DE.
Performance
IS3K.DE vs. DBXJ.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IS3K.DE achieves a 4.98% return, which is significantly lower than DBXJ.DE's 18.87% return. Over the past 10 years, IS3K.DE has underperformed DBXJ.DE with an annualized return of 4.40%, while DBXJ.DE has yielded a comparatively higher 8.95% annualized return.
IS3K.DE
- 1D
- 0.20%
- 1M
- 1.54%
- 6M
- 3.17%
- YTD
- 4.98%
- 1Y
- 7.70%
- 3Y*
- 6.67%
- 5Y*
- 5.27%
- 10Y*
- 4.40%
DBXJ.DE
- 1D
- -1.16%
- 1M
- 0.69%
- 6M
- 12.46%
- YTD
- 18.87%
- 1Y
- 38.28%
- 3Y*
- 17.32%
- 5Y*
- 10.26%
- 10Y*
- 8.95%
IS3K.DE vs. DBXJ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IS3K.DE iShares USD Short Duration High Yield Corporate Bond UCITS ETF | 4.98% | -3.41% | 12.68% | 5.21% | 2.20% | 12.74% | -5.49% | 12.34% | 4.89% | -8.47% |
DBXJ.DE Xtrackers MSCI Japan UCITS ETF 1C | 18.87% | 12.58% | 13.75% | 16.43% | -12.41% | 9.99% | 5.08% | 21.75% | -9.54% | 9.08% |
Correlation
The correlation between IS3K.DE and DBXJ.DE is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Oct 15, 2013 | 0.44 |
Over the past year, the correlation between IS3K.DE and DBXJ.DE has dropped to 0.06 - well below their long-term average of 0.44, suggesting their price drivers have been diverging.
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
IS3K.DE vs. DBXJ.DE — Risk / Return Rank
IS3K.DE
DBXJ.DE
IS3K.DE vs. DBXJ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares USD Short Duration High Yield Corporate Bond UCITS ETF (IS3K.DE) and Xtrackers MSCI Japan UCITS ETF 1C (DBXJ.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.
| IS3K.DE | DBXJ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.58 | ||
| Sortino ratioReturn per unit of downside risk | -0.75 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.36 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.48 | 3.73 | -1.25 |
| Martin ratioReturn relative to average drawdown | 8.03 | 12.09 | -4.06 |
Loading charts...
Drawdowns
IS3K.DE vs. DBXJ.DE - Drawdown Comparison
The maximum IS3K.DE drawdown since its inception was -27.02%, smaller than the maximum DBXJ.DE drawdown of -51.22%. Use the drawdown chart below to compare losses from any high point for IS3K.DE and DBXJ.DE.
Loading charts...
Drawdown Indicators
| IS3K.DE | DBXJ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.02% | -51.22% | +24.20% |
Max Drawdown (1Y)Largest decline over 1 year | -3.09% | -10.21% | +7.12% |
Max Drawdown (3Y)Largest decline over 3 years | -11.25% | -16.95% | +5.70% |
Max Drawdown (5Y)Largest decline over 5 years | -11.25% | -19.01% | +7.76% |
Max Drawdown (10Y)Largest decline over 10 years | -17.93% | -28.04% | +10.11% |
Current DrawdownCurrent decline from peak | -1.45% | -3.89% | +2.44% |
Average DrawdownAverage peak-to-trough decline | -6.51% | -14.55% | +8.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.96% | 3.16% | -2.20% |
Volatility
IS3K.DE vs. DBXJ.DE - Volatility Comparison
The current volatility for iShares USD Short Duration High Yield Corporate Bond UCITS ETF (IS3K.DE) is 1.47%, while Xtrackers MSCI Japan UCITS ETF 1C (DBXJ.DE) has a volatility of 6.53%. This indicates that IS3K.DE experiences smaller price fluctuations and is considered to be less risky than DBXJ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IS3K.DE | DBXJ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.47% | 6.53% | -5.06% |
Volatility (6M)Calculated over the trailing 6-month period | 3.68% | 16.03% | -12.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.72% | 19.74% | -14.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.09% | 16.80% | -9.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.82% | 16.42% | -8.60% |
IS3K.DE vs. DBXJ.DE - Expense Ratio Comparison
IS3K.DE has a 0.45% expense ratio, which is higher than DBXJ.DE's 0.12% expense ratio.
Dividends
IS3K.DE vs. DBXJ.DE - Dividend Comparison
IS3K.DE's dividend yield for the trailing twelve months is around 6.63%, while DBXJ.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBXJ.DE Xtrackers MSCI Japan UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IS3K.DE iShares USD Short Duration High Yield Corporate Bond UCITS ETF | 6.63% | 6.65% | 6.31% | 5.70% | 4.36% | 4.12% | 5.05% | 5.26% | 5.48% | 5.68% | 5.57% | 5.05% |
Frequently Asked Questions
IS3K.DE and DBXJ.DE have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DBXJ.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DBXJ.DE is cheaper with a 0.12% expense ratio, compared with 0.45% for IS3K.DE.
IS3K.DE is categorized as High Yield Bonds, while DBXJ.DE is Japan Equities. IS3K.DE tracks iBoxx® USD Liquid High Yield 0-5 Capped, while DBXJ.DE tracks MSCI Japan. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.45% for IS3K.DE and 0.12% for DBXJ.DE.
Find the right allocation for IS3K.DE and DBXJ.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