PPFB.DE vs. XYP1.DE
PPFB.DE (iShares Physical Gold ETC) and XYP1.DE (Xtrackers Eurozone Government Bond Yield Plus 1-3 UCITS ETF) are both exchange-traded funds - PPFB.DE is a Precious Metals fund tracking the Gold, while XYP1.DE is a European Government Bonds fund tracking the iBoxx® EUR Sovereigns Eurozone Yield Plus 1-3. Both are passively managed. Over the past 3 years, PPFB.DE returned 28.05%/yr vs 2.81%/yr for XYP1.DE. At a 0.27 correlation, their price movements are largely independent. PPFB.DE charges 0.12%/yr vs 0.15%/yr for XYP1.DE.
Performance
PPFB.DE vs. XYP1.DE - Performance Comparison
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Returns By Period
In the year-to-date period, PPFB.DE achieves a 2.74% return, which is significantly higher than XYP1.DE's -0.03% return.
PPFB.DE
- 1D
- 0.61%
- 1M
- -3.85%
- YTD
- 2.74%
- 6M
- 6.61%
- 1Y
- 31.41%
- 3Y*
- 28.05%
- 5Y*
- —
- 10Y*
- —
XYP1.DE
- 1D
- 0.03%
- 1M
- 0.01%
- YTD
- -0.03%
- 6M
- 0.19%
- 1Y
- 0.84%
- 3Y*
- 2.81%
- 5Y*
- 0.84%
- 10Y*
- 0.56%
PPFB.DE vs. XYP1.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PPFB.DE iShares Physical Gold ETC | 2.74% | 49.11% | 34.17% | 9.42% | 7.03% | 2.86% |
XYP1.DE Xtrackers Eurozone Government Bond Yield Plus 1-3 UCITS ETF | -0.03% | 2.36% | 3.44% | 3.76% | -4.63% | -0.39% |
Correlation
The correlation between PPFB.DE and XYP1.DE is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2021 | 0.27 |
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Return for Risk
PPFB.DE vs. XYP1.DE — Risk / Return Rank
PPFB.DE
XYP1.DE
PPFB.DE vs. XYP1.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Physical Gold ETC (PPFB.DE) and Xtrackers Eurozone Government Bond Yield Plus 1-3 UCITS ETF (XYP1.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.
| PPFB.DE | XYP1.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.69 | ||
| Sortino ratioReturn per unit of downside risk | +0.87 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.12 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.81 | 0.60 | +1.21 |
| Martin ratioReturn relative to average drawdown | 4.60 | 1.87 | +2.73 |
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
| PPFB.DE | XYP1.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.30 | 0.61 | +0.69 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.47 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.27 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.26 | 0.45 | +0.81 |
Drawdowns
PPFB.DE vs. XYP1.DE - Drawdown Comparison
The maximum PPFB.DE drawdown since its inception was -16.60%, which is greater than XYP1.DE's maximum drawdown of -5.77%. Use the drawdown chart below to compare losses from any high point for PPFB.DE and XYP1.DE.
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Drawdown Indicators
| PPFB.DE | XYP1.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.60% | -5.77% | -10.83% |
Max Drawdown (1Y)Largest decline over 1 year | -16.60% | -1.39% | -15.21% |
Max Drawdown (3Y)Largest decline over 3 years | -16.60% | -1.39% | -15.21% |
Max Drawdown (5Y)Largest decline over 5 years | — | -5.53% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -5.77% | — |
Current DrawdownCurrent decline from peak | -15.00% | -0.68% | -14.32% |
Average DrawdownAverage peak-to-trough decline | -4.40% | -0.92% | -3.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.55% | 0.45% | +6.10% |
Volatility
PPFB.DE vs. XYP1.DE - Volatility Comparison
iShares Physical Gold ETC (PPFB.DE) has a higher volatility of 5.11% compared to Xtrackers Eurozone Government Bond Yield Plus 1-3 UCITS ETF (XYP1.DE) at 0.48%. This indicates that PPFB.DE's price experiences larger fluctuations and is considered to be riskier than XYP1.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PPFB.DE | XYP1.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.11% | 0.48% | +4.63% |
Volatility (6M)Calculated over the trailing 6-month period | 20.18% | 1.26% | +18.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.12% | 1.37% | +21.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.13% | 1.75% | +14.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.13% | 2.01% | +14.12% |
PPFB.DE vs. XYP1.DE - Expense Ratio Comparison
PPFB.DE has a 0.12% expense ratio, which is lower than XYP1.DE's 0.15% 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
PPFB.DE vs. XYP1.DE - Dividend Comparison
Neither PPFB.DE nor XYP1.DE has paid dividends to shareholders.
Frequently Asked Questions
PPFB.DE and XYP1.DE have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PPFB.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PPFB.DE is cheaper with a 0.12% expense ratio, compared with 0.15% for XYP1.DE.
PPFB.DE is categorized as Precious Metals, while XYP1.DE is European Government Bonds. PPFB.DE tracks Gold, while XYP1.DE tracks iBoxx® EUR Sovereigns Eurozone Yield Plus 1-3. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.12% for PPFB.DE and 0.15% for XYP1.DE.
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