SYBS.DE vs. XZE5.DE
SYBS.DE (SPDR Bloomberg Sterling Corporate Bond UCITS ETF) and XZE5.DE (Xtrackers II EUR Corporate Bond Short Duration SRI PAB UCITS ETF 1C) are both European Corporate Bonds funds - SYBS.DE tracks the Bloomberg Sterling Corporate Bond while XZE5.DE tracks the Bloomberg Euro Corp TR EUR. Both are passively managed. Over the past 5 years, SYBS.DE returned -0.75%/yr vs 1.16%/yr for XZE5.DE. A 0.51 correlation means they provide meaningful diversification when combined. SYBS.DE charges 0.20%/yr vs 0.16%/yr for XZE5.DE.
Performance
SYBS.DE vs. XZE5.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SYBS.DE achieves a 2.27% return, which is significantly higher than XZE5.DE's 0.85% return.
SYBS.DE
- 1D
- 0.13%
- 1M
- 1.74%
- YTD
- 2.27%
- 6M
- 2.80%
- 1Y
- 3.56%
- 3Y*
- 6.45%
- 5Y*
- -0.75%
- 10Y*
- 1.57%
XZE5.DE
- 1D
- 0.00%
- 1M
- 0.38%
- YTD
- 0.85%
- 6M
- 0.88%
- 1Y
- 1.96%
- 3Y*
- 4.07%
- 5Y*
- 1.16%
- 10Y*
- —
SYBS.DE vs. XZE5.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SYBS.DE SPDR Bloomberg Sterling Corporate Bond UCITS ETF | 2.27% | 1.99% | 6.20% | 11.12% | -23.36% | 4.01% | 2.74% |
XZE5.DE Xtrackers II EUR Corporate Bond Short Duration SRI PAB UCITS ETF 1C | 0.85% | 3.08% | 4.10% | 5.27% | -6.80% | -0.40% | 0.99% |
Correlation
The correlation between SYBS.DE and XZE5.DE is 0.51, 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 | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Aug 4, 2020 | 0.51 |
The correlation between SYBS.DE and XZE5.DE has been stable across timeframes, ranging from 0.51 to 0.56 - a consistent structural relationship.
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Return for Risk
SYBS.DE vs. XZE5.DE — Risk / Return Rank
SYBS.DE
XZE5.DE
SYBS.DE vs. XZE5.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg Sterling Corporate Bond UCITS ETF (SYBS.DE) and Xtrackers II EUR Corporate Bond Short Duration SRI PAB UCITS ETF 1C (XZE5.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.
| SYBS.DE | XZE5.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.50 | ||
| Sortino ratioReturn per unit of downside risk | -0.77 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.19 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.91 | 1.19 | -0.28 |
| Martin ratioReturn relative to average drawdown | 2.21 | 4.23 | -2.02 |
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Drawdowns
SYBS.DE vs. XZE5.DE - Drawdown Comparison
The maximum SYBS.DE drawdown since its inception was -32.65%, which is greater than XZE5.DE's maximum drawdown of -8.73%. Use the drawdown chart below to compare losses from any high point for SYBS.DE and XZE5.DE.
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Drawdown Indicators
| SYBS.DE | XZE5.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.65% | -8.73% | -23.92% |
Max Drawdown (1Y)Largest decline over 1 year | -3.90% | -1.66% | -2.24% |
Max Drawdown (3Y)Largest decline over 3 years | -7.54% | -1.66% | -5.88% |
Max Drawdown (5Y)Largest decline over 5 years | -32.65% | -8.73% | -23.92% |
Max Drawdown (10Y)Largest decline over 10 years | -32.65% | — | — |
Current DrawdownCurrent decline from peak | -7.25% | -0.01% | -7.24% |
Average DrawdownAverage peak-to-trough decline | -8.21% | -2.28% | -5.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.49% | 0.46% | +1.03% |
Volatility
SYBS.DE vs. XZE5.DE - Volatility Comparison
SPDR Bloomberg Sterling Corporate Bond UCITS ETF (SYBS.DE) has a higher volatility of 1.52% compared to Xtrackers II EUR Corporate Bond Short Duration SRI PAB UCITS ETF 1C (XZE5.DE) at 0.50%. This indicates that SYBS.DE's price experiences larger fluctuations and is considered to be riskier than XZE5.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SYBS.DE | XZE5.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.52% | 0.50% | +1.02% |
Volatility (6M)Calculated over the trailing 6-month period | 5.52% | 1.67% | +3.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.93% | 1.94% | +4.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.54% | 2.55% | +6.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.63% | 2.38% | +7.25% |
SYBS.DE vs. XZE5.DE - Expense Ratio Comparison
SYBS.DE has a 0.20% expense ratio, which is higher than XZE5.DE's 0.16% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
SYBS.DE vs. XZE5.DE - Dividend Comparison
SYBS.DE's dividend yield for the trailing twelve months is around 4.53%, while XZE5.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SYBS.DE SPDR Bloomberg Sterling Corporate Bond UCITS ETF | 4.53% | 4.50% | 4.01% | 3.29% | 2.96% | 2.21% | 2.49% | 2.40% | 2.75% | 3.14% | 3.40% | 3.54% |
XZE5.DE Xtrackers II EUR Corporate Bond Short Duration SRI PAB UCITS ETF 1C | 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
SYBS.DE and XZE5.DE have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XZE5.DE is cheaper at 0.16% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XZE5.DE is cheaper with a 0.16% expense ratio, compared with 0.20% for SYBS.DE.
SYBS.DE tracks Bloomberg Sterling Corporate Bond, while XZE5.DE tracks Bloomberg Euro Corp TR EUR. They also come from different issuers: State Street and Xtrackers. Their fees differ too: 0.20% for SYBS.DE and 0.16% for XZE5.DE.
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