IS3V.DE vs. XGII.DE
IS3V.DE (iShares Global Inflation Linked Government Bond UCITS ETF (EUR Hedged) Acc) and XGII.DE (Xtrackers II Global Inflation-Linked Bond UCITS ETF - EUR Hedged) are both Inflation-Protected Bonds funds tracking the Bloomberg World Government Inflation-Linked Bond (EUR Hedged), from iShares and Xtrackers respectively. Both are passively managed. Over the past 5 years, IS3V.DE returned -2.66%/yr vs -2.63%/yr for XGII.DE. Their correlation of 0.93 suggests significant overlap in exposure. Both charge a 0.20% expense ratio.
Performance
IS3V.DE vs. XGII.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IS3V.DE achieves a 0.90% return, which is significantly lower than XGII.DE's 1.07% return.
IS3V.DE
- 1D
- 0.02%
- 1M
- -0.02%
- YTD
- 0.90%
- 6M
- 0.32%
- 1Y
- 2.24%
- 3Y*
- 0.94%
- 5Y*
- -2.66%
- 10Y*
- —
XGII.DE
- 1D
- 0.04%
- 1M
- 0.28%
- YTD
- 1.07%
- 6M
- 0.72%
- 1Y
- 2.37%
- 3Y*
- 1.03%
- 5Y*
- -2.63%
- 10Y*
- 0.11%
IS3V.DE vs. XGII.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
IS3V.DE iShares Global Inflation Linked Government Bond UCITS ETF (EUR Hedged) Acc | 0.90% | 2.39% | -2.15% | 1.88% | -19.26% | 4.95% | 4.83% |
XGII.DE Xtrackers II Global Inflation-Linked Bond UCITS ETF - EUR Hedged | 1.07% | 2.36% | -2.05% | 1.74% | -19.09% | 4.43% | 5.14% |
Correlation
The correlation between IS3V.DE and XGII.DE is 0.73, 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 | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.87 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Apr 30, 2020 | 0.93 |
Over the past year, the correlation between IS3V.DE and XGII.DE has dropped to 0.73 - well below their long-term average of 0.93, suggesting their price drivers have been diverging.
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Return for Risk
IS3V.DE vs. XGII.DE — Risk / Return Rank
IS3V.DE
XGII.DE
IS3V.DE vs. XGII.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Inflation Linked Government Bond UCITS ETF (EUR Hedged) Acc (IS3V.DE) and Xtrackers II Global Inflation-Linked Bond UCITS ETF - EUR Hedged (XGII.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.
| IS3V.DE | XGII.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.11 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.71 | 0.90 | -0.19 |
| Martin ratioReturn relative to average drawdown | 1.83 | 2.25 | -0.42 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IS3V.DE | XGII.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.45 | 0.58 | -0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.34 | -0.34 | 0.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.02 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.19 | 0.13 | -0.32 |
Drawdowns
IS3V.DE vs. XGII.DE - Drawdown Comparison
The maximum IS3V.DE drawdown since its inception was -24.54%, roughly equal to the maximum XGII.DE drawdown of -24.58%. Use the drawdown chart below to compare losses from any high point for IS3V.DE and XGII.DE.
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Drawdown Indicators
| IS3V.DE | XGII.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.54% | -24.58% | +0.04% |
Max Drawdown (1Y)Largest decline over 1 year | -3.14% | -2.62% | -0.52% |
Max Drawdown (3Y)Largest decline over 3 years | -5.80% | -5.83% | +0.03% |
Max Drawdown (5Y)Largest decline over 5 years | -24.54% | -24.58% | +0.04% |
Max Drawdown (10Y)Largest decline over 10 years | — | -24.58% | — |
Current DrawdownCurrent decline from peak | -18.28% | -18.13% | -0.15% |
Average DrawdownAverage peak-to-trough decline | -13.47% | -7.88% | -5.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.22% | 1.05% | +0.17% |
Volatility
IS3V.DE vs. XGII.DE - Volatility Comparison
iShares Global Inflation Linked Government Bond UCITS ETF (EUR Hedged) Acc (IS3V.DE) has a higher volatility of 1.65% compared to Xtrackers II Global Inflation-Linked Bond UCITS ETF - EUR Hedged (XGII.DE) at 1.21%. This indicates that IS3V.DE's price experiences larger fluctuations and is considered to be riskier than XGII.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IS3V.DE | XGII.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.65% | 1.21% | +0.44% |
Volatility (6M)Calculated over the trailing 6-month period | 4.00% | 2.77% | +1.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.94% | 4.05% | +0.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.81% | 7.64% | +0.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.38% | 7.12% | +0.26% |
IS3V.DE vs. XGII.DE - Expense Ratio Comparison
Both IS3V.DE and XGII.DE have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
IS3V.DE vs. XGII.DE - Dividend Comparison
IS3V.DE has not paid dividends to shareholders, while XGII.DE's dividend yield for the trailing twelve months is around 1.00%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IS3V.DE iShares Global Inflation Linked Government Bond UCITS ETF (EUR Hedged) Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XGII.DE Xtrackers II Global Inflation-Linked Bond UCITS ETF - EUR Hedged | 1.00% | 0.94% | 1.02% | 0.68% | 0.97% | 0.45% | 1.44% | 0.91% | 0.63% | 0.00% | 3.87% | 0.86% |
Frequently Asked Questions
IS3V.DE and XGII.DE have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.20% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
IS3V.DE and XGII.DE have the same expense ratio: 0.20% per year.
Both ETFs track Bloomberg World Government Inflation-Linked Bond (EUR Hedged). They also come from different issuers: iShares and Xtrackers.
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