SYB4.DE vs. X710.DE
SYB4.DE (SPDR Bloomberg 3-5 Year Euro Government Bond UCITS ETF) and X710.DE (Xtrackers II Eurozone Government Bond 7-10 UCITS ETF) are both European Government Bonds funds - SYB4.DE tracks the Bloomberg Euro Treasury 50bn 3-5 Year Bond while X710.DE tracks the Markit iBoxx® EUR Eurozone 7-10. Both are passively managed. Over the past 10 years, SYB4.DE returned 0.03%/yr vs -0.31%/yr for X710.DE. Their correlation of 0.86 suggests significant overlap in exposure. Both charge a 0.15% expense ratio.
Performance
SYB4.DE vs. X710.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SYB4.DE achieves a -0.23% return, which is significantly lower than X710.DE's -0.03% return. Over the past 10 years, SYB4.DE has outperformed X710.DE with an annualized return of 0.03%, while X710.DE has yielded a comparatively lower -0.31% annualized return.
SYB4.DE
- 1D
- 0.00%
- 1M
- -0.55%
- 6M
- -0.54%
- YTD
- -0.23%
- 1Y
- 0.41%
- 3Y*
- 2.92%
- 5Y*
- -0.40%
- 10Y*
- 0.03%
X710.DE
- 1D
- 0.00%
- 1M
- -0.75%
- 6M
- -0.65%
- YTD
- -0.03%
- 1Y
- 0.96%
- 3Y*
- 2.81%
- 5Y*
- -2.57%
- 10Y*
- -0.31%
SYB4.DE vs. X710.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SYB4.DE SPDR Bloomberg 3-5 Year Euro Government Bond UCITS ETF | -0.23% | 2.44% | 2.24% | 5.10% | -9.95% | -1.30% | 1.09% | 1.79% | -0.00% | -0.13% |
X710.DE Xtrackers II Eurozone Government Bond 7-10 UCITS ETF | -0.03% | 1.72% | 0.93% | 8.80% | -19.87% | -3.00% | 4.20% | 6.78% | 1.03% | 1.08% |
Correlation
The correlation between SYB4.DE and X710.DE is 0.69, 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 | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.87 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.92 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.87 |
Correlation (All Time) Calculated using the full available price history since Dec 3, 2014 | 0.86 |
The correlation between SYB4.DE and X710.DE shifts across timeframes, from 0.69 (1 year) to 0.92 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
SYB4.DE vs. X710.DE — Risk / Return Rank
SYB4.DE
X710.DE
SYB4.DE vs. X710.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg 3-5 Year Euro Government Bond UCITS ETF (SYB4.DE) and Xtrackers II Eurozone Government Bond 7-10 UCITS ETF (X710.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SYB4.DE | X710.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | -0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.04 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 0.16 | 0.23 | -0.07 |
| Martin ratioReturn relative to average drawdown | 0.44 | 0.57 | -0.13 |
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Drawdowns
SYB4.DE vs. X710.DE - Drawdown Comparison
The maximum SYB4.DE drawdown since its inception was -12.20%, smaller than the maximum X710.DE drawdown of -23.16%. Use the drawdown chart below to compare losses from any high point for SYB4.DE and X710.DE.
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Drawdown Indicators
| SYB4.DE | X710.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.20% | -23.16% | +10.96% |
Max Drawdown (1Y)Largest decline over 1 year | -2.52% | -4.18% | +1.66% |
Max Drawdown (3Y)Largest decline over 3 years | -2.52% | -4.41% | +1.89% |
Max Drawdown (5Y)Largest decline over 5 years | -11.97% | -22.84% | +10.87% |
Max Drawdown (10Y)Largest decline over 10 years | -12.20% | -23.16% | +10.96% |
Current DrawdownCurrent decline from peak | -2.60% | -13.57% | +10.97% |
Average DrawdownAverage peak-to-trough decline | -2.83% | -5.23% | +2.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.92% | 1.67% | -0.75% |
Volatility
SYB4.DE vs. X710.DE - Volatility Comparison
The current volatility for SPDR Bloomberg 3-5 Year Euro Government Bond UCITS ETF (SYB4.DE) is 0.63%, while Xtrackers II Eurozone Government Bond 7-10 UCITS ETF (X710.DE) has a volatility of 1.38%. This indicates that SYB4.DE experiences smaller price fluctuations and is considered to be less risky than X710.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SYB4.DE | X710.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.63% | 1.38% | -0.75% |
Volatility (6M)Calculated over the trailing 6-month period | 2.06% | 4.25% | -2.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.42% | 4.98% | -2.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.53% | 7.37% | -3.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.85% | 6.29% | -3.44% |
SYB4.DE vs. X710.DE - Expense Ratio Comparison
Both SYB4.DE and X710.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
SYB4.DE vs. X710.DE - Dividend Comparison
SYB4.DE's dividend yield for the trailing twelve months is around 2.42%, while X710.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SYB4.DE SPDR Bloomberg 3-5 Year Euro Government Bond UCITS ETF | 2.42% | 2.51% | 2.26% | 0.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.11% | 0.12% |
X710.DE Xtrackers II Eurozone Government Bond 7-10 UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SYB4.DE and X710.DE have a correlation of 0.69, 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.
SYB4.DE and X710.DE have the same expense ratio: 0.15% per year.
SYB4.DE tracks Bloomberg Euro Treasury 50bn 3-5 Year Bond, while X710.DE tracks Markit iBoxx® EUR Eurozone 7-10. They also come from different issuers: State Street and Xtrackers.
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