X03F.DE vs. JE13.DE
X03F.DE (Xtrackers II Eurozone Government Bond UCITS ETF) and JE13.DE (JPMorgan BetaBuilders EUR Government Bond 1-3 UCITS ETF EUR (Acc)) are both European Government Bonds funds - X03F.DE tracks the iBoxx® EUR Sovereigns Eurozone while JE13.DE tracks the JP Morgan EMU Government Bond 1-3. Both are passively managed. Over the past 5 years, X03F.DE returned -2.62%/yr vs 0.64%/yr for JE13.DE. A 0.79 correlation means they provide meaningful diversification when combined. X03F.DE charges 0.09%/yr vs 0.10%/yr for JE13.DE.
Performance
X03F.DE vs. JE13.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, X03F.DE achieves a -0.38% return, which is significantly lower than JE13.DE's 0.14% return.
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%
JE13.DE
- 1D
- -0.02%
- 1M
- -0.16%
- 6M
- 0.01%
- YTD
- 0.14%
- 1Y
- 0.67%
- 3Y*
- 2.67%
- 5Y*
- 0.64%
- 10Y*
- —
X03F.DE vs. JE13.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
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% | 1.53% |
JE13.DE JPMorgan BetaBuilders EUR Government Bond 1-3 UCITS ETF EUR (Acc) | 0.14% | 2.30% | 2.98% | 3.43% | -4.96% | -0.82% | -0.05% | 0.24% | -0.04% |
Correlation
The correlation between X03F.DE and JE13.DE is 0.78, 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 | 0.78 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.79 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Feb 15, 2018 | 0.79 |
The correlation between X03F.DE and JE13.DE has been stable across timeframes, ranging from 0.78 to 0.83 - 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
X03F.DE vs. JE13.DE — Risk / Return Rank
X03F.DE
JE13.DE
X03F.DE vs. JE13.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II Eurozone Government Bond UCITS ETF (X03F.DE) and JPMorgan BetaBuilders EUR Government Bond 1-3 UCITS ETF EUR (Acc) (JE13.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.
| X03F.DE | JE13.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.46 | ||
| Sortino ratioReturn per unit of downside risk | -0.66 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.10 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.03 | 0.52 | -0.49 |
| Martin ratioReturn relative to average drawdown | 0.07 | 1.60 | -1.53 |
Loading charts...
Drawdowns
X03F.DE vs. JE13.DE - Drawdown Comparison
The maximum X03F.DE drawdown since its inception was -22.47%, which is greater than JE13.DE's maximum drawdown of -6.90%. Use the drawdown chart below to compare losses from any high point for X03F.DE and JE13.DE.
Loading charts...
Drawdown Indicators
| X03F.DE | JE13.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.47% | -6.90% | -15.57% |
Max Drawdown (1Y)Largest decline over 1 year | -3.48% | -1.29% | -2.19% |
Max Drawdown (3Y)Largest decline over 3 years | -3.97% | -1.29% | -2.68% |
Max Drawdown (5Y)Largest decline over 5 years | -21.57% | -6.01% | -15.56% |
Max Drawdown (10Y)Largest decline over 10 years | -22.47% | — | — |
Current DrawdownCurrent decline from peak | -14.42% | -0.46% | -13.96% |
Average DrawdownAverage peak-to-trough decline | -6.15% | -1.74% | -4.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.46% | 0.42% | +1.04% |
Volatility
X03F.DE vs. JE13.DE - Volatility Comparison
Xtrackers II Eurozone Government Bond UCITS ETF (X03F.DE) has a higher volatility of 1.16% compared to JPMorgan BetaBuilders EUR Government Bond 1-3 UCITS ETF EUR (Acc) (JE13.DE) at 0.37%. This indicates that X03F.DE's price experiences larger fluctuations and is considered to be riskier than JE13.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| X03F.DE | JE13.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.16% | 0.37% | +0.79% |
Volatility (6M)Calculated over the trailing 6-month period | 3.73% | 1.26% | +2.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.39% | 1.38% | +3.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.33% | 1.73% | +4.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.26% | 1.52% | +3.74% |
X03F.DE vs. JE13.DE - Expense Ratio Comparison
X03F.DE has a 0.09% expense ratio, which is lower than JE13.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
X03F.DE vs. JE13.DE - Dividend Comparison
X03F.DE's dividend yield for the trailing twelve months is around 2.31%, while JE13.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JE13.DE JPMorgan BetaBuilders EUR Government Bond 1-3 UCITS ETF EUR (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 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
X03F.DE and JE13.DE have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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 0.10% for JE13.DE.
X03F.DE tracks iBoxx® EUR Sovereigns Eurozone, while JE13.DE tracks JP Morgan EMU Government Bond 1-3. They also come from different issuers: Xtrackers and JPMorgan. Their fees differ too: 0.09% for X03F.DE and 0.10% for JE13.DE.
Find the right allocation for X03F.DE and JE13.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