SYB3.DE vs. D5BC.DE
SYB3.DE (SPDR Bloomberg 1-3 Year Euro Government Bond UCITS ETF) and D5BC.DE (Xtrackers II Germany Government Bond 1-3 UCITS ETF) are both European Government Bonds funds - SYB3.DE tracks the Bloomberg Euro 1-3 Year Treasury Bond while D5BC.DE tracks the iBoxx® EUR Germany 1-3. Both are passively managed. Over the past 10 years, SYB3.DE returned 0.18%/yr vs -0.22%/yr for D5BC.DE. A 0.53 correlation means they provide meaningful diversification when combined. Both charge a 0.15% expense ratio.
Performance
SYB3.DE vs. D5BC.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SYB3.DE achieves a 0.06% return, which is significantly higher than D5BC.DE's 0.01% return. Over the past 10 years, SYB3.DE has outperformed D5BC.DE with an annualized return of 0.18%, while D5BC.DE has yielded a comparatively lower -0.22% annualized return.
SYB3.DE
- 1D
- 0.04%
- 1M
- 0.25%
- YTD
- 0.06%
- 6M
- 0.13%
- 1Y
- 0.77%
- 3Y*
- 2.60%
- 5Y*
- 0.59%
- 10Y*
- 0.18%
D5BC.DE
- 1D
- 0.03%
- 1M
- 0.22%
- YTD
- 0.01%
- 6M
- 0.06%
- 1Y
- 0.50%
- 3Y*
- 2.03%
- 5Y*
- 0.22%
- 10Y*
- -0.22%
SYB3.DE vs. D5BC.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SYB3.DE SPDR Bloomberg 1-3 Year Euro Government Bond UCITS ETF | 0.06% | 2.26% | 2.98% | 3.26% | -4.94% | -0.83% | -0.16% | 0.22% | -0.32% | -0.51% |
D5BC.DE Xtrackers II Germany Government Bond 1-3 UCITS ETF | 0.01% | 1.69% | 2.24% | 2.60% | -4.78% | -0.95% | -0.76% | -0.89% | -0.01% | -1.07% |
Correlation
The correlation between SYB3.DE and D5BC.DE is 0.83, 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 | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.88 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.90 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 2011 | 0.53 |
Over the past year, SYB3.DE and D5BC.DE have become more correlated (0.83) than their long-term average of 0.53, meaning their price movements have been converging.
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Return for Risk
SYB3.DE vs. D5BC.DE — Risk / Return Rank
SYB3.DE
D5BC.DE
SYB3.DE vs. D5BC.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg 1-3 Year Euro Government Bond UCITS ETF (SYB3.DE) and Xtrackers II Germany Government Bond 1-3 UCITS ETF (D5BC.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.
| SYB3.DE | D5BC.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.12 | ||
| Sortino ratioReturn per unit of downside risk | +0.18 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.09 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.60 | 0.46 | +0.14 |
| Martin ratioReturn relative to average drawdown | 1.86 | 1.39 | +0.47 |
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
| SYB3.DE | D5BC.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.57 | 0.45 | +0.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.35 | 0.14 | +0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.12 | -0.18 | +0.30 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.14 | +0.42 |
Drawdowns
SYB3.DE vs. D5BC.DE - Drawdown Comparison
The maximum SYB3.DE drawdown since its inception was -7.13%, smaller than the maximum D5BC.DE drawdown of -9.22%. Use the drawdown chart below to compare losses from any high point for SYB3.DE and D5BC.DE.
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Drawdown Indicators
| SYB3.DE | D5BC.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.13% | -9.22% | +2.09% |
Max Drawdown (1Y)Largest decline over 1 year | -1.28% | -1.08% | -0.20% |
Max Drawdown (3Y)Largest decline over 3 years | -1.28% | -1.08% | -0.20% |
Max Drawdown (5Y)Largest decline over 5 years | -5.99% | -6.12% | +0.13% |
Max Drawdown (10Y)Largest decline over 10 years | -7.13% | -9.22% | +2.09% |
Current DrawdownCurrent decline from peak | -0.55% | -2.33% | +1.78% |
Average DrawdownAverage peak-to-trough decline | -1.39% | -2.32% | +0.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.41% | 0.36% | +0.05% |
Volatility
SYB3.DE vs. D5BC.DE - Volatility Comparison
SPDR Bloomberg 1-3 Year Euro Government Bond UCITS ETF (SYB3.DE) has a higher volatility of 0.52% compared to Xtrackers II Germany Government Bond 1-3 UCITS ETF (D5BC.DE) at 0.42%. This indicates that SYB3.DE's price experiences larger fluctuations and is considered to be riskier than D5BC.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SYB3.DE | D5BC.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.52% | 0.42% | +0.10% |
Volatility (6M)Calculated over the trailing 6-month period | 1.19% | 1.01% | +0.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.34% | 1.11% | +0.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.67% | 1.57% | +0.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.48% | 1.21% | +0.27% |
SYB3.DE vs. D5BC.DE - Expense Ratio Comparison
Both SYB3.DE and D5BC.DE have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
SYB3.DE vs. D5BC.DE - Dividend Comparison
SYB3.DE's dividend yield for the trailing twelve months is around 2.28%, more than D5BC.DE's 1.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
D5BC.DE Xtrackers II Germany Government Bond 1-3 UCITS ETF | 1.26% | 1.05% | 0.35% | 0.62% | 1.27% | 0.76% | 0.00% | 0.00% | 0.47% | 0.00% | 0.46% | 0.54% |
SYB3.DE SPDR Bloomberg 1-3 Year Euro Government Bond UCITS ETF | 2.28% | 1.85% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.34% |
Frequently Asked Questions
SYB3.DE and D5BC.DE have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.15% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
SYB3.DE and D5BC.DE have the same expense ratio: 0.15% per year.
SYB3.DE tracks Bloomberg Euro 1-3 Year Treasury Bond, while D5BC.DE tracks iBoxx® EUR Germany 1-3. They also come from different issuers: State Street and Xtrackers.
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