LYQ2.DE vs. DBXP.DE
LYQ2.DE (Amundi Euro Government Bond 1-3Y UCITS ETF Acc) and DBXP.DE (Xtrackers Eurozone Government Bond 1-3 UCITS ETF) are both European Government Bonds funds - LYQ2.DE tracks the Bloomberg Euro Treasury 50bn 1-3 Year Bond while DBXP.DE tracks the iBoxx® EUR Eurozone 1-3. Both are passively managed. Over the past 10 years, LYQ2.DE returned 0.10%/yr vs 0.22%/yr for DBXP.DE. A 0.74 correlation means they provide meaningful diversification when combined. LYQ2.DE charges 0.17%/yr vs 0.15%/yr for DBXP.DE.
Performance
LYQ2.DE vs. DBXP.DE - Performance Comparison
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Returns By Period
In the year-to-date period, LYQ2.DE achieves a 0.02% return, which is significantly lower than DBXP.DE's 0.04% return. Over the past 10 years, LYQ2.DE has underperformed DBXP.DE with an annualized return of 0.10%, while DBXP.DE has yielded a comparatively higher 0.22% annualized return.
LYQ2.DE
- 1D
- 0.02%
- 1M
- 0.00%
- YTD
- 0.02%
- 6M
- 0.14%
- 1Y
- 0.85%
- 3Y*
- 2.54%
- 5Y*
- 0.55%
- 10Y*
- 0.10%
DBXP.DE
- 1D
- 0.04%
- 1M
- -0.01%
- YTD
- 0.04%
- 6M
- 0.14%
- 1Y
- 0.89%
- 3Y*
- 2.61%
- 5Y*
- 0.67%
- 10Y*
- 0.22%
LYQ2.DE vs. DBXP.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LYQ2.DE Amundi Euro Government Bond 1-3Y UCITS ETF Acc | 0.02% | 2.14% | 2.96% | 3.27% | -4.97% | -0.84% | -0.20% | -0.12% | -0.45% | -0.63% |
DBXP.DE Xtrackers Eurozone Government Bond 1-3 UCITS ETF | 0.04% | 2.21% | 2.99% | 3.41% | -4.59% | -0.85% | -0.18% | 0.17% | -0.37% | -0.45% |
Correlation
The correlation between LYQ2.DE and DBXP.DE is 0.80, 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 | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.86 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.91 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Jul 2, 2007 | 0.74 |
The correlation between LYQ2.DE and DBXP.DE shifts across timeframes, from 0.74 (all time) to 0.91 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
LYQ2.DE vs. DBXP.DE — Risk / Return Rank
LYQ2.DE
DBXP.DE
LYQ2.DE vs. DBXP.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Euro Government Bond 1-3Y UCITS ETF Acc (LYQ2.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.
| LYQ2.DE | DBXP.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.09 | ||
| Sortino ratioReturn per unit of downside risk | -0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.13 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.58 | 0.64 | -0.07 |
| Martin ratioReturn relative to average drawdown | 1.82 | 2.08 | -0.26 |
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
| LYQ2.DE | DBXP.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.56 | 0.65 | -0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.33 | 0.40 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.07 | 0.12 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.88 | 0.56 | +0.32 |
Drawdowns
LYQ2.DE vs. DBXP.DE - Drawdown Comparison
The maximum LYQ2.DE drawdown since its inception was -7.75%, 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 LYQ2.DE and DBXP.DE.
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Drawdown Indicators
| LYQ2.DE | DBXP.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.75% | -6.77% | -0.98% |
Max Drawdown (1Y)Largest decline over 1 year | -1.22% | -1.24% | +0.02% |
Max Drawdown (3Y)Largest decline over 3 years | -1.22% | -1.24% | +0.02% |
Max Drawdown (5Y)Largest decline over 5 years | -6.02% | -5.67% | -0.35% |
Max Drawdown (10Y)Largest decline over 10 years | -7.75% | -6.77% | -0.98% |
Current DrawdownCurrent decline from peak | -0.55% | -0.55% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -1.30% | -1.00% | -0.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.39% | 0.39% | 0.00% |
Volatility
LYQ2.DE vs. DBXP.DE - Volatility Comparison
Amundi Euro Government Bond 1-3Y UCITS ETF Acc (LYQ2.DE) has a higher volatility of 0.55% compared to Xtrackers Eurozone Government Bond 1-3 UCITS ETF (DBXP.DE) at 0.46%. This indicates that LYQ2.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
| LYQ2.DE | DBXP.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.55% | 0.46% | +0.09% |
Volatility (6M)Calculated over the trailing 6-month period | 1.14% | 1.11% | +0.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.26% | 1.22% | +0.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.65% | 1.65% | 0.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.31% | 1.80% | -0.49% |
LYQ2.DE vs. DBXP.DE - Expense Ratio Comparison
LYQ2.DE has a 0.17% expense ratio, which is higher than DBXP.DE's 0.15% 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
LYQ2.DE vs. DBXP.DE - Dividend Comparison
Neither LYQ2.DE nor DBXP.DE has paid dividends to shareholders.
Frequently Asked Questions
LYQ2.DE and DBXP.DE have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DBXP.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DBXP.DE is cheaper with a 0.15% expense ratio, compared with 0.17% for LYQ2.DE.
LYQ2.DE tracks Bloomberg Euro Treasury 50bn 1-3 Year Bond, while DBXP.DE tracks iBoxx® EUR Eurozone 1-3. They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.17% for LYQ2.DE and 0.15% for DBXP.DE.
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