JREB.DE vs. XLIQ.DE
JREB.DE (JPMorgan EUR Corporate Bond Research Enhanced Index (ESG) UCITS ETF) and XLIQ.DE (Xtrackers iBoxx EUR Liquid Covered Swap UCITS ETF) are both European Corporate Bonds funds - JREB.DE tracks the JP Morgan EUR Corporate Bond Research Enhanced Index (ESG) while XLIQ.DE tracks the iBoxx® EUR Liquid Covered Bond. Both are passively managed. At a 0.37 correlation, their price movements are largely independent. JREB.DE charges 0.04%/yr vs 0.20%/yr for XLIQ.DE.
Performance
JREB.DE vs. XLIQ.DE - Performance Comparison
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Returns By Period
JREB.DE
- 1D
- 0.06%
- 1M
- 0.26%
- YTD
- 0.57%
- 6M
- 0.53%
- 1Y
- 2.34%
- 3Y*
- 4.65%
- 5Y*
- 0.14%
- 10Y*
- —
XLIQ.DE
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JREB.DE vs. XLIQ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
JREB.DE JPMorgan EUR Corporate Bond Research Enhanced Index (ESG) UCITS ETF | 0.57% | 3.18% | 4.24% | 7.63% | -13.23% | -1.04% | 2.29% | 6.17% | 0.12% |
XLIQ.DE Xtrackers iBoxx EUR Liquid Covered Swap UCITS ETF | 0.27% | 1.87% | 2.30% | 6.61% | -18.10% | -3.39% | 2.42% | 5.38% | 0.27% |
Correlation
The correlation between JREB.DE and XLIQ.DE is 0.64, 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 | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Dec 14, 2018 | 0.37 |
Over the past year, JREB.DE and XLIQ.DE have become more correlated (0.64) than their long-term average of 0.37, meaning their price movements have been converging.
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Return for Risk
JREB.DE vs. XLIQ.DE — Risk / Return Rank
JREB.DE
XLIQ.DE
JREB.DE vs. XLIQ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan EUR Corporate Bond Research Enhanced Index (ESG) UCITS ETF (JREB.DE) and Xtrackers iBoxx EUR Liquid Covered Swap UCITS ETF (XLIQ.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.
| JREB.DE | XLIQ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.13 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.71 | — | — |
| Martin ratioReturn relative to average drawdown | 2.52 | — | — |
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
| JREB.DE | XLIQ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.63 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.03 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | — | — |
Drawdowns
JREB.DE vs. XLIQ.DE - Drawdown Comparison
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Drawdown Indicators
| JREB.DE | XLIQ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.22% | — | — |
Max Drawdown (1Y)Largest decline over 1 year | -2.83% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -2.83% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -17.22% | — | — |
Current DrawdownCurrent decline from peak | -0.76% | — | — |
Average DrawdownAverage peak-to-trough decline | -5.02% | — | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.80% | — | — |
Volatility
JREB.DE vs. XLIQ.DE - Volatility Comparison
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Volatility by Period
| JREB.DE | XLIQ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.16% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.85% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.17% | — | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.39% | — | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.96% | — | — |
JREB.DE vs. XLIQ.DE - Expense Ratio Comparison
JREB.DE has a 0.04% expense ratio, which is lower than XLIQ.DE's 0.20% 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
JREB.DE vs. XLIQ.DE - Dividend Comparison
Neither JREB.DE nor XLIQ.DE has paid dividends to shareholders.
Frequently Asked Questions
JREB.DE and XLIQ.DE have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JREB.DE is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JREB.DE is cheaper with a 0.04% expense ratio, compared with 0.20% for XLIQ.DE.
JREB.DE tracks JP Morgan EUR Corporate Bond Research Enhanced Index (ESG), while XLIQ.DE tracks iBoxx® EUR Liquid Covered Bond. They also come from different issuers: JPMorgan and Xtrackers. Their fees differ too: 0.04% for JREB.DE and 0.20% for XLIQ.DE.
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