X03B.DE vs. VECA.DE

Last updated Apr 3, 2026

Compare and contrast key facts about Xtrackers Eurozone Government Bond 1-3 UCITS ETF (X03B.DE) and Vanguard EUR Corporate Bond UCITS ETF Accumulating (VECA.DE).

X03B.DE and VECA.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. X03B.DE is a passively managed fund by Xtrackers that tracks the performance of the iBoxx® EUR Eurozone 1-3. It was launched on Aug 24, 2011. VECA.DE is a passively managed fund by Vanguard that tracks the performance of the Bloomberg Euro Corp TR EUR. It was launched on Feb 19, 2019. Both X03B.DE and VECA.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

X03B.DE vs. VECA.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers Eurozone Government Bond 1-3 UCITS ETF (X03B.DE) and Vanguard EUR Corporate Bond UCITS ETF Accumulating (VECA.DE). The values are adjusted to include any dividend payments, if applicable.

X03B.DE vs. VECA.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
X03B.DE Xtrackers Eurozone Government Bond 1-3 UCITS ETF	-0.41%	2.25%	3.05%	3.35%	-4.64%	-0.79%	-0.13%	0.24%
VECA.DE Vanguard EUR Corporate Bond UCITS ETF Accumulating	-0.51%	2.98%	4.38%	7.53%	-13.48%	-1.05%	2.50%	4.88%

Returns By Period

In the year-to-date period, X03B.DE achieves a -0.41% return, which is significantly higher than VECA.DE's -0.51% return.

X03B.DE

• 1D: 0.00%
• 1M: -0.63%
• YTD: -0.41%
• 6M: 0.01%
• 1Y: 1.11%
• 3Y*: 2.48%
• 5Y*: 0.56%
• 10Y*: 0.18%

VECA.DE

• 1D: 0.10%
• 1M: -0.95%
• YTD: -0.51%
• 6M: -0.48%
• 1Y: 2.48%
• 3Y*: 4.18%
• 5Y*: -0.18%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

X03B.DE vs. VECA.DE - Expense Ratio Comparison

X03B.DE has a 0.15% expense ratio, which is higher than VECA.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%.

X03B.DE

Xtrackers Eurozone Government Bond 1-3 UCITS ETF

VECA.DE

Vanguard EUR Corporate Bond UCITS ETF Accumulating

Return for Risk

X03B.DE vs. VECA.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

X03B.DE

X03B.DE Risk / Return Rank: 42
X03B.DE Sharpe Ratio Rank: 57
X03B.DE Sortino Ratio Rank: 48
X03B.DE Omega Ratio Rank: 53
X03B.DE Calmar Ratio Rank: 24
X03B.DE Martin Ratio Rank: 30

VECA.DE

VECA.DE Risk / Return Rank: 37
VECA.DE Sharpe Ratio Rank: 45
VECA.DE Sortino Ratio Rank: 41
VECA.DE Omega Ratio Rank: 37
VECA.DE Calmar Ratio Rank: 29
VECA.DE Martin Ratio Rank: 35

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

X03B.DE vs. VECA.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Eurozone Government Bond 1-3 UCITS ETF (X03B.DE) and Vanguard EUR Corporate Bond UCITS ETF Accumulating (VECA.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.

	X03B.DE	VECA.DE	Difference
Sharpe ratio Return per unit of total volatility	1.07	0.89	+0.17
Sortino ratio Return per unit of downside risk	1.39	1.24	+0.15
Omega ratio Gain probability vs. loss probability	1.21	1.16	+0.05
Calmar ratio Return relative to maximum drawdown	0.73	0.91	-0.17
Martin ratio Return relative to average drawdown	3.34	3.88	-0.54
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

X03B.DE vs. VECA.DE - Sharpe Ratio Comparison

The current X03B.DE Sharpe Ratio is 1.07, which is comparable to the VECA.DE Sharpe Ratio of 0.89. The chart below compares the historical Sharpe Ratios of X03B.DE and VECA.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	X03B.DE	VECA.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.07	0.89	+0.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.35	-0.04	+0.39
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.14	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	0.17	+0.39

Correlation

The correlation between X03B.DE and VECA.DE is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

X03B.DE vs. VECA.DE - Dividend Comparison

X03B.DE's dividend yield for the trailing twelve months is around 1.54%, while VECA.DE has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
X03B.DE Xtrackers Eurozone Government Bond 1-3 UCITS ETF	1.54%	1.39%	0.98%	0.28%	0.12%	0.13%	0.00%	0.00%	0.00%	0.00%	0.65%	0.66%
VECA.DE Vanguard EUR Corporate Bond UCITS ETF Accumulating	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

X03B.DE vs. VECA.DE - Drawdown Comparison

The maximum X03B.DE drawdown since its inception was -6.78%, smaller than the maximum VECA.DE drawdown of -17.21%. Use the drawdown chart below to compare losses from any high point for X03B.DE and VECA.DE.

Drawdown Indicators

	X03B.DE	VECA.DE	Difference
Max Drawdown Largest peak-to-trough decline	-6.78%	-17.21%	+10.43%
Max Drawdown (1Y) Largest decline over 1 year	-1.28%	-2.63%	+1.35%
Max Drawdown (5Y) Largest decline over 5 years	-5.69%	-17.21%	+11.52%
Max Drawdown (10Y) Largest decline over 10 years	-6.78%	—	—
Current Drawdown Current decline from peak	-0.97%	-2.01%	+1.04%
Average Drawdown Average peak-to-trough decline	-1.20%	-5.22%	+4.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.28%	0.61%	-0.33%

Volatility

X03B.DE vs. VECA.DE - Volatility Comparison

The current volatility for Xtrackers Eurozone Government Bond 1-3 UCITS ETF (X03B.DE) is 0.65%, while Vanguard EUR Corporate Bond UCITS ETF Accumulating (VECA.DE) has a volatility of 1.55%. This indicates that X03B.DE experiences smaller price fluctuations and is considered to be less risky than VECA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	X03B.DE	VECA.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.65%	1.55%	-0.90%
Volatility (6M) Calculated over the trailing 6-month period	0.78%	2.05%	-1.27%
Volatility (1Y) Calculated over the trailing 1-year period	1.04%	2.77%	-1.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.58%	4.40%	-2.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.29%	4.71%	-3.42%