PSFE.DE vs. XYPL.DE
PSFE.DE (Invesco Euro Corporate Bond UCITS ETF Dist) and XYPL.DE (Xtrackers iBoxx EUR Corporate Bond Yield Plus UCITS ETF) are both European Corporate Bonds funds - PSFE.DE tracks the Bloomberg Euro Corporate Bond while XYPL.DE tracks the iBoxx® EUR Corporates Yield Plus. Both are passively managed. Over the past 3 years, PSFE.DE returned 4.54%/yr vs 5.49%/yr for XYPL.DE. Their correlation of 0.94 suggests significant overlap in exposure. PSFE.DE charges 0.10%/yr vs 0.25%/yr for XYPL.DE.
Performance
PSFE.DE vs. XYPL.DE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with PSFE.DE having a 0.57% return and XYPL.DE slightly higher at 0.59%.
PSFE.DE
- 1D
- 0.11%
- 1M
- 0.29%
- YTD
- 0.57%
- 6M
- 0.52%
- 1Y
- 2.18%
- 3Y*
- 4.54%
- 5Y*
- 0.02%
- 10Y*
- —
XYPL.DE
- 1D
- 0.11%
- 1M
- 0.28%
- YTD
- 0.59%
- 6M
- 0.53%
- 1Y
- 2.49%
- 3Y*
- 5.49%
- 5Y*
- —
- 10Y*
- —
PSFE.DE vs. XYPL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
PSFE.DE Invesco Euro Corporate Bond UCITS ETF Dist | 0.57% | 3.04% | 4.16% | 7.18% | -0.51% |
XYPL.DE Xtrackers iBoxx EUR Corporate Bond Yield Plus UCITS ETF | 0.59% | 3.49% | 5.30% | 9.38% | -0.01% |
Correlation
The correlation between PSFE.DE and XYPL.DE is 0.89, 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 | 0.89 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Jun 29, 2022 | 0.94 |
The correlation between PSFE.DE and XYPL.DE has been stable across timeframes, ranging from 0.89 to 0.94 - 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
PSFE.DE vs. XYPL.DE — Risk / Return Rank
PSFE.DE
XYPL.DE
PSFE.DE vs. XYPL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Euro Corporate Bond UCITS ETF Dist (PSFE.DE) and Xtrackers iBoxx EUR Corporate Bond Yield Plus UCITS ETF (XYPL.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.
| PSFE.DE | XYPL.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 | 1.11 | 1.12 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.68 | 0.72 | -0.04 |
| Martin ratioReturn relative to average drawdown | 2.30 | 2.50 | -0.19 |
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
| PSFE.DE | XYPL.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.59 | 0.63 | -0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.00 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | 1.01 | -0.86 |
Drawdowns
PSFE.DE vs. XYPL.DE - Drawdown Comparison
The maximum PSFE.DE drawdown since its inception was -17.18%, which is greater than XYPL.DE's maximum drawdown of -9.99%. Use the drawdown chart below to compare losses from any high point for PSFE.DE and XYPL.DE.
Loading charts...
Drawdown Indicators
| PSFE.DE | XYPL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.18% | -9.99% | -7.19% |
Max Drawdown (1Y)Largest decline over 1 year | -2.71% | -3.09% | +0.38% |
Max Drawdown (3Y)Largest decline over 3 years | -2.71% | -3.09% | +0.38% |
Max Drawdown (5Y)Largest decline over 5 years | -17.18% | — | — |
Current DrawdownCurrent decline from peak | -1.40% | -0.88% | -0.52% |
Average DrawdownAverage peak-to-trough decline | -4.73% | -1.98% | -2.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.80% | 0.89% | -0.09% |
Volatility
PSFE.DE vs. XYPL.DE - Volatility Comparison
The current volatility for Invesco Euro Corporate Bond UCITS ETF Dist (PSFE.DE) is 1.19%, while Xtrackers iBoxx EUR Corporate Bond Yield Plus UCITS ETF (XYPL.DE) has a volatility of 1.39%. This indicates that PSFE.DE experiences smaller price fluctuations and is considered to be less risky than XYPL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PSFE.DE | XYPL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.19% | 1.39% | -0.20% |
Volatility (6M)Calculated over the trailing 6-month period | 2.76% | 3.10% | -0.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.14% | 3.51% | -0.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.38% | 4.63% | -0.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.65% | 4.63% | +0.02% |
PSFE.DE vs. XYPL.DE - Expense Ratio Comparison
PSFE.DE has a 0.10% expense ratio, which is lower than XYPL.DE's 0.25% 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
PSFE.DE vs. XYPL.DE - Dividend Comparison
PSFE.DE's dividend yield for the trailing twelve months is around 3.29%, while XYPL.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
PSFE.DE Invesco Euro Corporate Bond UCITS ETF Dist | 3.29% | 3.32% | 3.50% | 2.97% | 1.00% | 0.54% | 0.77% | 0.71% | 0.58% |
XYPL.DE Xtrackers iBoxx EUR Corporate Bond Yield Plus UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PSFE.DE and XYPL.DE have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PSFE.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PSFE.DE is cheaper with a 0.10% expense ratio, compared with 0.25% for XYPL.DE.
PSFE.DE tracks Bloomberg Euro Corporate Bond, while XYPL.DE tracks iBoxx® EUR Corporates Yield Plus. They also come from different issuers: Invesco and Xtrackers. Their fees differ too: 0.10% for PSFE.DE and 0.25% for XYPL.DE.
Find the right allocation for PSFE.DE and XYPL.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