SYBB.DE vs. BJLM.DE
SYBB.DE (SPDR Bloomberg Euro Government Bond UCITS ETF Dist) and BJLM.DE (BNP Paribas Easy Sustainable EUR Government Bond UCITS ETF EUR Capitalisation) are both European Government Bonds funds. SYBB.DE is passively managed, while BJLM.DE is actively managed. Over the past year, SYBB.DE returned 0.07% vs -0.14% for BJLM.DE. Their correlation of 0.91 suggests significant overlap in exposure. SYBB.DE charges 0.10%/yr vs 0.12%/yr for BJLM.DE.
Performance
SYBB.DE vs. BJLM.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SYBB.DE achieves a 0.36% return, which is significantly higher than BJLM.DE's 0.09% return.
SYBB.DE
- 1D
- 0.10%
- 1M
- 0.58%
- YTD
- 0.36%
- 6M
- 0.74%
- 1Y
- 0.07%
- 3Y*
- 2.42%
- 5Y*
- -2.27%
- 10Y*
- -0.33%
BJLM.DE
- 1D
- 0.07%
- 1M
- 0.52%
- YTD
- 0.09%
- 6M
- -0.00%
- 1Y
- -0.14%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SYBB.DE vs. BJLM.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
SYBB.DE SPDR Bloomberg Euro Government Bond UCITS ETF Dist | 0.36% | 0.60% | 3.22% |
BJLM.DE BNP Paribas Easy Sustainable EUR Government Bond UCITS ETF EUR Capitalisation | 0.09% | 0.55% | 2.01% |
Correlation
The correlation between SYBB.DE and BJLM.DE is 0.81, 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 | 0.81 |
Correlation (All Time) Calculated using the full available price history since Feb 21, 2024 | 0.91 |
The correlation between SYBB.DE and BJLM.DE has been stable across timeframes, ranging from 0.81 to 0.91 - 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
SYBB.DE vs. BJLM.DE — Risk / Return Rank
SYBB.DE
BJLM.DE
SYBB.DE vs. BJLM.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg Euro Government Bond UCITS ETF Dist (SYBB.DE) and BNP Paribas Easy Sustainable EUR Government Bond UCITS ETF EUR Capitalisation (BJLM.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.
| SYBB.DE | BJLM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.00 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.02 | -0.04 | +0.06 |
| Martin ratioReturn relative to average drawdown | 0.06 | -0.10 | +0.16 |
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
| SYBB.DE | BJLM.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.02 | -0.03 | +0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.35 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.06 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.24 | +0.16 |
Drawdowns
SYBB.DE vs. BJLM.DE - Drawdown Comparison
The maximum SYBB.DE drawdown since its inception was -22.70%, which is greater than BJLM.DE's maximum drawdown of -3.87%. Use the drawdown chart below to compare losses from any high point for SYBB.DE and BJLM.DE.
Loading charts...
Drawdown Indicators
| SYBB.DE | BJLM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.70% | -3.87% | -18.83% |
Max Drawdown (1Y)Largest decline over 1 year | -3.38% | -3.33% | -0.05% |
Max Drawdown (3Y)Largest decline over 3 years | -3.98% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -21.75% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -22.70% | — | — |
Current DrawdownCurrent decline from peak | -14.16% | -1.97% | -12.19% |
Average DrawdownAverage peak-to-trough decline | -6.07% | -1.31% | -4.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.33% | 1.33% | 0.00% |
Volatility
SYBB.DE vs. BJLM.DE - Volatility Comparison
SPDR Bloomberg Euro Government Bond UCITS ETF Dist (SYBB.DE) and BNP Paribas Easy Sustainable EUR Government Bond UCITS ETF EUR Capitalisation (BJLM.DE) have volatilities of 1.63% and 1.69%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SYBB.DE | BJLM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.63% | 1.69% | -0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 3.99% | 4.12% | -0.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.74% | 4.70% | +0.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.39% | 4.84% | +1.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.44% | 4.84% | +0.60% |
SYBB.DE vs. BJLM.DE - Expense Ratio Comparison
SYBB.DE has a 0.10% expense ratio, which is lower than BJLM.DE's 0.12% 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
SYBB.DE vs. BJLM.DE - Dividend Comparison
SYBB.DE's dividend yield for the trailing twelve months is around 2.35%, while BJLM.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BJLM.DE BNP Paribas Easy Sustainable EUR Government Bond UCITS ETF EUR Capitalisation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SYBB.DE SPDR Bloomberg Euro Government Bond UCITS ETF Dist | 2.35% | 2.14% | 1.45% | 0.76% | 0.18% | 0.08% | 0.28% | 0.59% | 0.66% | 0.73% | 0.82% | 1.26% |
Frequently Asked Questions
SYBB.DE and BJLM.DE have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SYBB.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SYBB.DE is cheaper with a 0.10% expense ratio, compared with 0.12% for BJLM.DE.
They also come from different issuers: State Street and BNP Paribas. Their fees differ too: 0.10% for SYBB.DE and 0.12% for BJLM.DE.
Find the right allocation for SYBB.DE and BJLM.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