X710.DE vs. DBXP.DE
X710.DE (Xtrackers II Eurozone Government Bond 7-10 UCITS ETF) and DBXP.DE (Xtrackers Eurozone Government Bond 1-3 UCITS ETF) are both European Government Bonds funds from Xtrackers - X710.DE tracks the Markit iBoxx® EUR Eurozone 7-10 while DBXP.DE tracks the iBoxx® EUR Eurozone 1-3. Both are passively managed. Over the past 10 years, X710.DE returned -0.16%/yr vs 0.22%/yr for DBXP.DE. A 0.62 correlation means they provide meaningful diversification when combined. Both charge a 0.15% expense ratio.
Performance
X710.DE vs. DBXP.DE - Performance Comparison
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Returns By Period
In the year-to-date period, X710.DE achieves a 0.09% return, which is significantly higher than DBXP.DE's 0.04% return. Over the past 10 years, X710.DE has underperformed DBXP.DE with an annualized return of -0.16%, while DBXP.DE has yielded a comparatively higher 0.22% annualized return.
X710.DE
- 1D
- 0.11%
- 1M
- 0.63%
- YTD
- 0.09%
- 6M
- -0.04%
- 1Y
- 0.27%
- 3Y*
- 2.66%
- 5Y*
- -2.29%
- 10Y*
- -0.16%
DBXP.DE
- 1D
- 0.04%
- 1M
- 0.20%
- YTD
- 0.04%
- 6M
- 0.12%
- 1Y
- 0.80%
- 3Y*
- 2.61%
- 5Y*
- 0.67%
- 10Y*
- 0.22%
X710.DE vs. DBXP.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
X710.DE Xtrackers II Eurozone Government Bond 7-10 UCITS ETF | 0.09% | 1.72% | 0.93% | 8.80% | -19.69% | -3.23% | 4.20% | 6.78% | 1.03% | 0.95% |
DBXP.DE Xtrackers Eurozone Government Bond 1-3 UCITS ETF | 0.04% | 2.21% | 2.99% | 3.41% | -4.59% | -0.85% | -0.18% | 0.17% | -0.37% | -0.45% |
Correlation
The correlation between X710.DE and DBXP.DE is 0.75, 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 | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.80 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.84 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Jul 23, 2007 | 0.62 |
The correlation between X710.DE and DBXP.DE shifts across timeframes, from 0.62 (all time) to 0.84 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
X710.DE vs. DBXP.DE — Risk / Return Rank
X710.DE
DBXP.DE
X710.DE vs. DBXP.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II Eurozone Government Bond 7-10 UCITS ETF (X710.DE) and Xtrackers Eurozone Government Bond 1-3 UCITS ETF (DBXP.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.
| X710.DE | DBXP.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.60 | ||
| Sortino ratioReturn per unit of downside risk | -0.86 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.13 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 0.07 | 0.64 | -0.58 |
| Martin ratioReturn relative to average drawdown | 0.18 | 2.08 | -1.90 |
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
| X710.DE | DBXP.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.06 | 0.65 | -0.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.31 | 0.40 | -0.71 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.03 | 0.12 | -0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.56 | -0.01 |
Drawdowns
X710.DE vs. DBXP.DE - Drawdown Comparison
The maximum X710.DE drawdown since its inception was -23.16%, which is greater than DBXP.DE's maximum drawdown of -6.77%. Use the drawdown chart below to compare losses from any high point for X710.DE and DBXP.DE.
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Drawdown Indicators
| X710.DE | DBXP.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.16% | -6.77% | -16.39% |
Max Drawdown (1Y)Largest decline over 1 year | -4.18% | -1.24% | -2.94% |
Max Drawdown (3Y)Largest decline over 3 years | -4.55% | -1.24% | -3.31% |
Max Drawdown (5Y)Largest decline over 5 years | -22.84% | -5.67% | -17.17% |
Max Drawdown (10Y)Largest decline over 10 years | -23.16% | -6.77% | -16.39% |
Current DrawdownCurrent decline from peak | -13.46% | -0.55% | -12.91% |
Average DrawdownAverage peak-to-trough decline | -5.41% | -1.00% | -4.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.55% | 0.39% | +1.16% |
Volatility
X710.DE vs. DBXP.DE - Volatility Comparison
Xtrackers II Eurozone Government Bond 7-10 UCITS ETF (X710.DE) has a higher volatility of 1.94% compared to Xtrackers Eurozone Government Bond 1-3 UCITS ETF (DBXP.DE) at 0.46%. This indicates that X710.DE's price experiences larger fluctuations and is considered to be riskier than DBXP.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| X710.DE | DBXP.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.94% | 0.46% | +1.48% |
Volatility (6M)Calculated over the trailing 6-month period | 4.15% | 1.11% | +3.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.91% | 1.22% | +3.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.35% | 1.65% | +5.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.39% | 1.80% | +4.59% |
X710.DE vs. DBXP.DE - Expense Ratio Comparison
Both X710.DE and DBXP.DE have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
X710.DE vs. DBXP.DE - Dividend Comparison
Neither X710.DE nor DBXP.DE has paid dividends to shareholders.
Frequently Asked Questions
X710.DE and DBXP.DE have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.15% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
X710.DE and DBXP.DE have the same expense ratio: 0.15% per year.
X710.DE tracks Markit iBoxx® EUR Eurozone 7-10, while DBXP.DE tracks iBoxx® EUR Eurozone 1-3.
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