LYQ2.DE vs. XZEB.DE
LYQ2.DE (Amundi Euro Government Bond 1-3Y UCITS ETF Acc) and XZEB.DE (Xtrackers II ESG Eurozone Government Bond UCITS ETF) are both European Government Bonds funds - LYQ2.DE tracks the Bloomberg Euro Treasury 50bn 1-3 Year Bond while XZEB.DE tracks the FTSE ESG Select EMU Government Bond. Both are passively managed. Over the past 3 years, LYQ2.DE returned 2.54%/yr vs 1.37%/yr for XZEB.DE. Their correlation of 0.84 suggests significant overlap in exposure. LYQ2.DE charges 0.17%/yr vs 0.15%/yr for XZEB.DE.
Performance
LYQ2.DE vs. XZEB.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LYQ2.DE achieves a 0.02% return, which is significantly lower than XZEB.DE's 0.20% 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%
XZEB.DE
- 1D
- 0.07%
- 1M
- -0.04%
- YTD
- 0.20%
- 6M
- 0.18%
- 1Y
- -0.32%
- 3Y*
- 1.37%
- 5Y*
- —
- 10Y*
- —
LYQ2.DE vs. XZEB.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
LYQ2.DE Amundi Euro Government Bond 1-3Y UCITS ETF Acc | 0.02% | 2.14% | 2.96% | 3.27% | -2.88% |
XZEB.DE Xtrackers II ESG Eurozone Government Bond UCITS ETF | 0.20% | -0.59% | 0.01% | 5.77% | -7.62% |
Correlation
The correlation between LYQ2.DE and XZEB.DE is 0.77, 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 | 0.77 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Jul 11, 2022 | 0.84 |
The correlation between LYQ2.DE and XZEB.DE has been stable across timeframes, ranging from 0.77 to 0.84 - a consistent structural relationship.
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
LYQ2.DE vs. XZEB.DE — Risk / Return Rank
LYQ2.DE
XZEB.DE
LYQ2.DE vs. XZEB.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 II ESG Eurozone Government Bond UCITS ETF (XZEB.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 | XZEB.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.73 | ||
| Sortino ratioReturn per unit of downside risk | +1.05 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 0.97 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.58 | -0.24 | +0.82 |
| Martin ratioReturn relative to average drawdown | 1.82 | -0.53 | +2.35 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| LYQ2.DE | XZEB.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.56 | -0.17 | +0.73 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.33 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.07 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.88 | -0.11 | +0.99 |
Drawdowns
LYQ2.DE vs. XZEB.DE - Drawdown Comparison
The maximum LYQ2.DE drawdown since its inception was -7.75%, smaller than the maximum XZEB.DE drawdown of -13.98%. Use the drawdown chart below to compare losses from any high point for LYQ2.DE and XZEB.DE.
Loading charts...
Drawdown Indicators
| LYQ2.DE | XZEB.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.75% | -13.98% | +6.23% |
Max Drawdown (1Y)Largest decline over 1 year | -1.22% | -2.97% | +1.75% |
Max Drawdown (3Y)Largest decline over 3 years | -1.22% | -4.45% | +3.23% |
Max Drawdown (5Y)Largest decline over 5 years | -6.02% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -7.75% | — | — |
Current DrawdownCurrent decline from peak | -0.55% | -7.28% | +6.73% |
Average DrawdownAverage peak-to-trough decline | -1.30% | -8.40% | +7.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.39% | 1.33% | -0.94% |
Volatility
LYQ2.DE vs. XZEB.DE - Volatility Comparison
The current volatility for Amundi Euro Government Bond 1-3Y UCITS ETF Acc (LYQ2.DE) is 0.55%, while Xtrackers II ESG Eurozone Government Bond UCITS ETF (XZEB.DE) has a volatility of 1.57%. This indicates that LYQ2.DE experiences smaller price fluctuations and is considered to be less risky than XZEB.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LYQ2.DE | XZEB.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.55% | 1.57% | -1.02% |
Volatility (6M)Calculated over the trailing 6-month period | 1.14% | 3.45% | -2.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.26% | 4.14% | -2.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.65% | 6.32% | -4.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.31% | 6.32% | -5.01% |
LYQ2.DE vs. XZEB.DE - Expense Ratio Comparison
LYQ2.DE has a 0.17% expense ratio, which is higher than XZEB.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. XZEB.DE - Dividend Comparison
Neither LYQ2.DE nor XZEB.DE has paid dividends to shareholders.
Frequently Asked Questions
LYQ2.DE and XZEB.DE have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XZEB.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XZEB.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 XZEB.DE tracks FTSE ESG Select EMU Government Bond. They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.17% for LYQ2.DE and 0.15% for XZEB.DE.
Find the right allocation for LYQ2.DE and XZEB.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