X03G.DE vs. XSX6.DE
X03G.DE (Xtrackers II Germany Government Bond UCITS ETF) and XSX6.DE (Xtrackers STOXX Europe 600 UCITS ETF) are both exchange-traded funds - X03G.DE is a European Government Bonds fund tracking the iBoxx® EUR Germany, while XSX6.DE is a Europe Equities fund tracking the STOXX® Europe 600. Both are passively managed. Over the past 10 years, X03G.DE returned -1.28%/yr vs 9.14%/yr for XSX6.DE. At a correlation of -0.14, they often move in opposite directions. X03G.DE charges 0.15%/yr vs 0.20%/yr for XSX6.DE.
Performance
X03G.DE vs. XSX6.DE - Performance Comparison
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Returns By Period
In the year-to-date period, X03G.DE achieves a -0.04% return, which is significantly lower than XSX6.DE's 7.40% return. Over the past 10 years, X03G.DE has underperformed XSX6.DE with an annualized return of -1.28%, while XSX6.DE has yielded a comparatively higher 9.14% annualized return.
X03G.DE
- 1D
- 0.11%
- 1M
- -0.00%
- YTD
- -0.04%
- 6M
- -0.24%
- 1Y
- -0.95%
- 3Y*
- 0.86%
- 5Y*
- -3.03%
- 10Y*
- -1.28%
XSX6.DE
- 1D
- 0.59%
- 1M
- 0.87%
- YTD
- 7.40%
- 6M
- 10.04%
- 1Y
- 16.19%
- 3Y*
- 13.95%
- 5Y*
- 9.70%
- 10Y*
- 9.14%
X03G.DE vs. XSX6.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
X03G.DE Xtrackers II Germany Government Bond UCITS ETF | -0.04% | -1.48% | 0.14% | 5.23% | -17.79% | -2.57% | 2.71% | 2.86% | 2.17% | -1.47% |
XSX6.DE Xtrackers STOXX Europe 600 UCITS ETF | 7.40% | 20.91% | 8.35% | 15.54% | -10.63% | 24.87% | -1.83% | 28.68% | -11.34% | 10.91% |
Correlation
The correlation between X03G.DE and XSX6.DE is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.04 |
Correlation (All Time) Calculated using the full available price history since Aug 25, 2011 | -0.14 |
The correlation between X03G.DE and XSX6.DE shifts across timeframes, from -0.14 (all time) to 0.37 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
X03G.DE vs. XSX6.DE — Risk / Return Rank
X03G.DE
XSX6.DE
X03G.DE vs. XSX6.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II Germany Government Bond UCITS ETF (X03G.DE) and Xtrackers STOXX Europe 600 UCITS ETF (XSX6.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.
| X03G.DE | XSX6.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.64 | ||
| Sortino ratioReturn per unit of downside risk | -2.36 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.24 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | -0.47 | 1.73 | -2.20 |
| Martin ratioReturn relative to average drawdown | -0.99 | 6.55 | -7.54 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| X03G.DE | XSX6.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.37 | 1.26 | -1.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.49 | 0.66 | -1.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.25 | 0.58 | -0.83 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.04 | 0.59 | -0.55 |
Drawdowns
X03G.DE vs. XSX6.DE - Drawdown Comparison
The maximum X03G.DE drawdown since its inception was -23.87%, smaller than the maximum XSX6.DE drawdown of -36.05%. Use the drawdown chart below to compare losses from any high point for X03G.DE and XSX6.DE.
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Drawdown Indicators
| X03G.DE | XSX6.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.87% | -36.05% | +12.18% |
Max Drawdown (1Y)Largest decline over 1 year | -2.89% | -9.46% | +6.57% |
Max Drawdown (3Y)Largest decline over 3 years | -5.00% | -16.37% | +11.37% |
Max Drawdown (5Y)Largest decline over 5 years | -21.19% | -20.84% | -0.35% |
Max Drawdown (10Y)Largest decline over 10 years | -23.87% | -36.05% | +12.18% |
Current DrawdownCurrent decline from peak | -19.28% | -1.56% | -17.72% |
Average DrawdownAverage peak-to-trough decline | -7.77% | -5.27% | -2.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.38% | 2.50% | -1.12% |
Volatility
X03G.DE vs. XSX6.DE - Volatility Comparison
The current volatility for Xtrackers II Germany Government Bond UCITS ETF (X03G.DE) is 1.43%, while Xtrackers STOXX Europe 600 UCITS ETF (XSX6.DE) has a volatility of 4.26%. This indicates that X03G.DE experiences smaller price fluctuations and is considered to be less risky than XSX6.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| X03G.DE | XSX6.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.43% | 4.26% | -2.83% |
Volatility (6M)Calculated over the trailing 6-month period | 2.89% | 10.73% | -7.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.68% | 12.95% | -9.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.16% | 14.44% | -8.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.15% | 15.61% | -10.46% |
X03G.DE vs. XSX6.DE - Expense Ratio Comparison
X03G.DE has a 0.15% expense ratio, which is lower than XSX6.DE's 0.20% 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
X03G.DE vs. XSX6.DE - Dividend Comparison
Neither X03G.DE nor XSX6.DE has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
X03G.DE Xtrackers II Germany Government Bond UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.33% |
XSX6.DE Xtrackers STOXX Europe 600 UCITS ETF | 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
X03G.DE and XSX6.DE have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, X03G.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
X03G.DE is cheaper with a 0.15% expense ratio, compared with 0.20% for XSX6.DE.
X03G.DE is categorized as European Government Bonds, while XSX6.DE is Europe Equities. X03G.DE tracks iBoxx® EUR Germany, while XSX6.DE tracks STOXX® Europe 600. Their fees differ too: 0.15% for X03G.DE and 0.20% for XSX6.DE.
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