JBEM.DE vs. EIBX.DE
JBEM.DE (BNP Paribas Easy JPM ESG EMU Government Bond IG UCITS ETF) and EIBX.DE (Invesco Euro Government Bond 7-10 Year UCITS ETF Dist) are both European Government Bonds funds - JBEM.DE tracks the J.P. Morgan ESG EMU Government Bond IG Index while EIBX.DE tracks the Bloomberg Euro Government Select 7-10. Both are passively managed. Over the past 5 years, JBEM.DE returned -2.70%/yr vs -2.58%/yr for EIBX.DE. Their correlation of 0.91 suggests significant overlap in exposure. JBEM.DE charges 0.15%/yr vs 0.10%/yr for EIBX.DE.
Performance
JBEM.DE vs. EIBX.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JBEM.DE achieves a -0.11% return, which is significantly higher than EIBX.DE's -0.37% return.
JBEM.DE
- 1D
- 0.00%
- 1M
- -0.73%
- 6M
- -0.73%
- YTD
- -0.11%
- 1Y
- 0.42%
- 3Y*
- 2.17%
- 5Y*
- -2.70%
- 10Y*
- —
EIBX.DE
- 1D
- -0.22%
- 1M
- -1.00%
- 6M
- -0.77%
- YTD
- -0.37%
- 1Y
- 0.77%
- 3Y*
- 2.77%
- 5Y*
- -2.58%
- 10Y*
- —
JBEM.DE vs. EIBX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
JBEM.DE BNP Paribas Easy JPM ESG EMU Government Bond IG UCITS ETF | -0.11% | 0.42% | 1.18% | 6.64% | -18.24% | -3.43% | 4.73% | -3.12% |
EIBX.DE Invesco Euro Government Bond 7-10 Year UCITS ETF Dist | -0.37% | 1.88% | 0.91% | 8.83% | -19.82% | -2.95% | 4.27% | -3.35% |
Correlation
The correlation between JBEM.DE and EIBX.DE is 0.86, 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 | 0.86 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.95 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.97 |
Correlation (All Time) Calculated using the full available price history since Aug 28, 2019 | 0.91 |
The correlation between JBEM.DE and EIBX.DE shifts across timeframes, from 0.86 (1 year) to 0.97 (5 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
JBEM.DE vs. EIBX.DE — Risk / Return Rank
JBEM.DE
EIBX.DE
JBEM.DE vs. EIBX.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy JPM ESG EMU Government Bond IG UCITS ETF (JBEM.DE) and Invesco Euro Government Bond 7-10 Year UCITS ETF Dist (EIBX.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.
| JBEM.DE | EIBX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.05 | ||
| Sortino ratioReturn per unit of downside risk | -0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.03 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.13 | 0.19 | -0.06 |
| Martin ratioReturn relative to average drawdown | 0.31 | 0.48 | -0.17 |
Loading charts...
Drawdowns
JBEM.DE vs. EIBX.DE - Drawdown Comparison
The maximum JBEM.DE drawdown since its inception was -22.48%, roughly equal to the maximum EIBX.DE drawdown of -23.08%. Use the drawdown chart below to compare losses from any high point for JBEM.DE and EIBX.DE.
Loading charts...
Drawdown Indicators
| JBEM.DE | EIBX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.48% | -23.08% | +0.60% |
Max Drawdown (1Y)Largest decline over 1 year | -3.21% | -4.07% | +0.86% |
Max Drawdown (3Y)Largest decline over 3 years | -3.95% | -4.43% | +0.48% |
Max Drawdown (5Y)Largest decline over 5 years | -21.49% | -22.78% | +1.29% |
Current DrawdownCurrent decline from peak | -14.93% | -13.63% | -1.30% |
Average DrawdownAverage peak-to-trough decline | -10.62% | -11.08% | +0.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.38% | 1.61% | -0.23% |
Volatility
JBEM.DE vs. EIBX.DE - Volatility Comparison
The current volatility for BNP Paribas Easy JPM ESG EMU Government Bond IG UCITS ETF (JBEM.DE) is 1.07%, while Invesco Euro Government Bond 7-10 Year UCITS ETF Dist (EIBX.DE) has a volatility of 1.56%. This indicates that JBEM.DE experiences smaller price fluctuations and is considered to be less risky than EIBX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JBEM.DE | EIBX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.07% | 1.56% | -0.49% |
Volatility (6M)Calculated over the trailing 6-month period | 3.53% | 4.25% | -0.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.22% | 5.14% | -0.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.18% | 7.43% | -1.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.71% | 6.56% | -0.85% |
JBEM.DE vs. EIBX.DE - Expense Ratio Comparison
JBEM.DE has a 0.15% expense ratio, which is higher than EIBX.DE's 0.10% 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
JBEM.DE vs. EIBX.DE - Dividend Comparison
JBEM.DE has not paid dividends to shareholders, while EIBX.DE's dividend yield for the trailing twelve months is around 3.00%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
EIBX.DE Invesco Euro Government Bond 7-10 Year UCITS ETF Dist | 3.00% | 2.89% | 2.87% | 2.43% | 0.12% |
JBEM.DE BNP Paribas Easy JPM ESG EMU Government Bond IG UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JBEM.DE and EIBX.DE have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EIBX.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EIBX.DE is cheaper with a 0.10% expense ratio, compared with 0.15% for JBEM.DE.
JBEM.DE tracks J.P. Morgan ESG EMU Government Bond IG Index, while EIBX.DE tracks Bloomberg Euro Government Select 7-10. They also come from different issuers: BNP Paribas Easy and Invesco. Their fees differ too: 0.15% for JBEM.DE and 0.10% for EIBX.DE.
Find the right allocation for JBEM.DE and EIBX.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