VGEB.DE vs. SYBB.DE
VGEB.DE (Vanguard EUR Eurozone Government Bond UCITS ETF Distributing) and SYBB.DE (SPDR Bloomberg Euro Government Bond UCITS ETF Dist) are both European Government Bonds funds - VGEB.DE tracks the Bloomberg Euro Aggregate Treasury while SYBB.DE tracks the Bloomberg Euro Treasury Bond. Both are passively managed. Over the past 5 years, VGEB.DE returned -2.17%/yr vs -2.27%/yr for SYBB.DE. Their correlation of 0.95 suggests significant overlap in exposure. VGEB.DE charges 0.07%/yr vs 0.10%/yr for SYBB.DE.
Performance
VGEB.DE vs. SYBB.DE - Performance Comparison
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Returns By Period
In the year-to-date period, VGEB.DE achieves a 0.13% return, which is significantly lower than SYBB.DE's 0.36% return.
VGEB.DE
- 1D
- 0.03%
- 1M
- 0.00%
- YTD
- 0.13%
- 6M
- 0.18%
- 1Y
- 0.31%
- 3Y*
- 2.38%
- 5Y*
- -2.17%
- 10Y*
- —
SYBB.DE
- 1D
- 0.10%
- 1M
- -0.01%
- YTD
- 0.36%
- 6M
- 0.21%
- 1Y
- 0.47%
- 3Y*
- 2.42%
- 5Y*
- -2.27%
- 10Y*
- -0.33%
VGEB.DE vs. SYBB.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VGEB.DE Vanguard EUR Eurozone Government Bond UCITS ETF Distributing | 0.13% | 0.69% | 1.55% | 6.99% | -18.10% | -3.26% | 4.75% | 7.05% | 1.21% | -0.03% |
SYBB.DE SPDR Bloomberg Euro Government Bond UCITS ETF Dist | 0.36% | 0.60% | 1.49% | 6.80% | -18.49% | -3.34% | 4.67% | 6.73% | 0.84% | -0.05% |
Correlation
The correlation between VGEB.DE and SYBB.DE is 0.86, 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 | 0.86 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.95 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.97 |
Correlation (All Time) Calculated using the full available price history since Oct 27, 2017 | 0.95 |
The correlation between VGEB.DE and SYBB.DE shifts across timeframes, from 0.86 (1 year) to 0.97 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
VGEB.DE vs. SYBB.DE — Risk / Return Rank
VGEB.DE
SYBB.DE
VGEB.DE vs. SYBB.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard EUR Eurozone Government Bond UCITS ETF Distributing (VGEB.DE) and SPDR Bloomberg Euro Government Bond UCITS ETF Dist (SYBB.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.
| VGEB.DE | SYBB.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 | 1.00 | 1.01 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.03 | 0.02 | -0.05 |
| Martin ratioReturn relative to average drawdown | -0.06 | 0.06 | -0.12 |
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
| VGEB.DE | SYBB.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.02 | 0.02 | -0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.34 | -0.35 | +0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.06 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.03 | 0.40 | -0.44 |
Drawdowns
VGEB.DE vs. SYBB.DE - Drawdown Comparison
The maximum VGEB.DE drawdown since its inception was -22.15%, roughly equal to the maximum SYBB.DE drawdown of -22.70%. Use the drawdown chart below to compare losses from any high point for VGEB.DE and SYBB.DE.
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Drawdown Indicators
| VGEB.DE | SYBB.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.15% | -22.70% | +0.55% |
Max Drawdown (1Y)Largest decline over 1 year | -3.43% | -3.38% | -0.05% |
Max Drawdown (3Y)Largest decline over 3 years | -4.05% | -3.98% | -0.07% |
Max Drawdown (5Y)Largest decline over 5 years | -21.25% | -21.75% | +0.50% |
Max Drawdown (10Y)Largest decline over 10 years | — | -22.70% | — |
Current DrawdownCurrent decline from peak | -13.65% | -14.16% | +0.51% |
Average DrawdownAverage peak-to-trough decline | -8.83% | -6.07% | -2.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.35% | 1.33% | +0.02% |
Volatility
VGEB.DE vs. SYBB.DE - Volatility Comparison
Vanguard EUR Eurozone Government Bond UCITS ETF Distributing (VGEB.DE) and SPDR Bloomberg Euro Government Bond UCITS ETF Dist (SYBB.DE) have volatilities of 1.63% and 1.63%, 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.
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Volatility by Period
| VGEB.DE | SYBB.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.63% | 1.63% | 0.00% |
Volatility (6M)Calculated over the trailing 6-month period | 3.47% | 3.99% | -0.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.16% | 4.74% | -0.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.32% | 6.39% | -0.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.52% | 5.44% | +0.08% |
VGEB.DE vs. SYBB.DE - Expense Ratio Comparison
VGEB.DE has a 0.07% expense ratio, which is lower than SYBB.DE's 0.10% 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
VGEB.DE vs. SYBB.DE - Dividend Comparison
VGEB.DE's dividend yield for the trailing twelve months is around 2.89%, more than SYBB.DE's 2.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
VGEB.DE Vanguard EUR Eurozone Government Bond UCITS ETF Distributing | 2.89% | 2.88% | 2.56% | 1.96% | 0.66% | 0.08% | 0.19% | 0.74% | 0.80% | 0.09% | 0.00% | 0.00% |
Frequently Asked Questions
VGEB.DE and SYBB.DE have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VGEB.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VGEB.DE is cheaper with a 0.07% expense ratio, compared with 0.10% for SYBB.DE.
VGEB.DE tracks Bloomberg Euro Aggregate Treasury, while SYBB.DE tracks Bloomberg Euro Treasury Bond. They also come from different issuers: Vanguard and State Street. Their fees differ too: 0.07% for VGEB.DE and 0.10% for SYBB.DE.
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