SYBV.DE vs. X03F.DE
SYBV.DE (State Street SPDR Bloomberg 10+ Year Euro Government Bond UCITS ETF (Dist)) and X03F.DE (Xtrackers II Eurozone Government Bond UCITS ETF) are both European Government Bonds funds - SYBV.DE tracks the Bloomberg Euro 10+ Year Treasury Bond Index while X03F.DE tracks the iBoxx® EUR Sovereigns Eurozone. Both are passively managed. Over the past 10 years, SYBV.DE returned -2.07%/yr vs -0.56%/yr for X03F.DE. With a 0.97 correlation, they move nearly in lockstep. SYBV.DE charges 0.15%/yr vs 0.09%/yr for X03F.DE.
Performance
SYBV.DE vs. X03F.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SYBV.DE achieves a -0.78% return, which is significantly lower than X03F.DE's -0.38% return. Over the past 10 years, SYBV.DE has underperformed X03F.DE with an annualized return of -2.07%, while X03F.DE has yielded a comparatively higher -0.56% annualized return.
SYBV.DE
- 1D
- 0.22%
- 1M
- -2.43%
- 6M
- -1.68%
- YTD
- -0.78%
- 1Y
- -1.03%
- 3Y*
- 0.10%
- 5Y*
- -7.05%
- 10Y*
- -2.07%
X03F.DE
- 1D
- 0.02%
- 1M
- -1.17%
- 6M
- -0.74%
- YTD
- -0.38%
- 1Y
- 0.10%
- 3Y*
- 2.02%
- 5Y*
- -2.62%
- 10Y*
- -0.56%
SYBV.DE vs. X03F.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SYBV.DE State Street SPDR Bloomberg 10+ Year Euro Government Bond UCITS ETF (Dist) | -0.78% | -3.55% | -0.53% | 9.88% | -32.00% | -6.75% | 10.69% | 15.42% | 2.38% | -0.74% |
X03F.DE Xtrackers II Eurozone Government Bond UCITS ETF | -0.38% | 0.74% | 1.51% | 6.93% | -18.40% | -3.32% | 4.70% | 6.75% | 0.83% | -0.13% |
Correlation
The correlation between SYBV.DE and X03F.DE is 0.95, 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 | 0.95 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.97 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.98 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.97 |
Correlation (All Time) Calculated using the full available price history since Feb 17, 2016 | 0.97 |
The correlation between SYBV.DE and X03F.DE has been stable across timeframes, ranging from 0.95 to 0.98 - 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
SYBV.DE vs. X03F.DE — Risk / Return Rank
SYBV.DE
X03F.DE
SYBV.DE vs. X03F.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street SPDR Bloomberg 10+ Year Euro Government Bond UCITS ETF (Dist) (SYBV.DE) and Xtrackers II Eurozone Government Bond UCITS ETF (X03F.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.
| SYBV.DE | X03F.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.15 | ||
| Sortino ratioReturn per unit of downside risk | -0.19 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.01 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.19 | 0.03 | -0.21 |
| Martin ratioReturn relative to average drawdown | -0.39 | 0.07 | -0.46 |
Loading charts...
Drawdowns
SYBV.DE vs. X03F.DE - Drawdown Comparison
The maximum SYBV.DE drawdown since its inception was -40.94%, which is greater than X03F.DE's maximum drawdown of -22.47%. Use the drawdown chart below to compare losses from any high point for SYBV.DE and X03F.DE.
Loading charts...
Drawdown Indicators
| SYBV.DE | X03F.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.94% | -22.47% | -18.47% |
Max Drawdown (1Y)Largest decline over 1 year | -5.56% | -3.48% | -2.08% |
Max Drawdown (3Y)Largest decline over 3 years | -10.05% | -3.97% | -6.08% |
Max Drawdown (5Y)Largest decline over 5 years | -39.22% | -21.57% | -17.65% |
Max Drawdown (10Y)Largest decline over 10 years | -40.94% | -22.47% | -18.47% |
Current DrawdownCurrent decline from peak | -34.24% | -14.42% | -19.82% |
Average DrawdownAverage peak-to-trough decline | -16.95% | -6.15% | -10.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.64% | 1.46% | +1.18% |
Volatility
SYBV.DE vs. X03F.DE - Volatility Comparison
State Street SPDR Bloomberg 10+ Year Euro Government Bond UCITS ETF (Dist) (SYBV.DE) has a higher volatility of 2.14% compared to Xtrackers II Eurozone Government Bond UCITS ETF (X03F.DE) at 1.16%. This indicates that SYBV.DE's price experiences larger fluctuations and is considered to be riskier than X03F.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SYBV.DE | X03F.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.14% | 1.16% | +0.98% |
Volatility (6M)Calculated over the trailing 6-month period | 6.36% | 3.73% | +2.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.01% | 4.39% | +3.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.29% | 6.33% | +5.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.42% | 5.26% | +5.16% |
SYBV.DE vs. X03F.DE - Expense Ratio Comparison
SYBV.DE has a 0.15% expense ratio, which is higher than X03F.DE's 0.09% 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
SYBV.DE vs. X03F.DE - Dividend Comparison
SYBV.DE's dividend yield for the trailing twelve months is around 3.41%, more than X03F.DE's 2.31% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SYBV.DE State Street SPDR Bloomberg 10+ Year Euro Government Bond UCITS ETF (Dist) | 3.41% | 3.31% | 2.82% | 2.01% | 0.89% | 0.51% | 0.76% | 1.23% | 1.34% | 1.47% | 0.59% | 0.00% |
X03F.DE Xtrackers II Eurozone Government Bond UCITS ETF | 2.31% | 2.20% | 2.01% | 1.84% | 3.07% | 1.88% | 0.30% | 0.34% | 0.61% | 0.83% | 1.12% | 0.48% |
Frequently Asked Questions
With a correlation of 0.95, SYBV.DE and X03F.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, X03F.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
X03F.DE is cheaper with a 0.09% expense ratio, compared with 0.15% for SYBV.DE.
SYBV.DE tracks Bloomberg Euro 10+ Year Treasury Bond Index, while X03F.DE tracks iBoxx® EUR Sovereigns Eurozone. They also come from different issuers: State Street and Xtrackers. Their fees differ too: 0.15% for SYBV.DE and 0.09% for X03F.DE.
Find the right allocation for SYBV.DE and X03F.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