XB4F.DE vs. IBCS.DE
XB4F.DE (Xtrackers II EUR Corporate Bond SRI PAB UCITS ETF) and IBCS.DE (iShares Euro Corporate Bond Large Cap UCITS ETF) are both European Corporate Bonds funds - XB4F.DE tracks the Bloomberg MSCI Euro Corporate SRI PAB while IBCS.DE tracks the iBoxx® EUR Liquid Corporates Large Cap. Both are passively managed. Over the past 10 years, XB4F.DE returned 0.83%/yr vs 0.51%/yr for IBCS.DE. A 0.77 correlation means they provide meaningful diversification when combined. XB4F.DE charges 0.16%/yr vs 0.20%/yr for IBCS.DE.
Performance
XB4F.DE vs. IBCS.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XB4F.DE achieves a 0.35% return, which is significantly lower than IBCS.DE's 0.49% return. Over the past 10 years, XB4F.DE has outperformed IBCS.DE with an annualized return of 0.83%, while IBCS.DE has yielded a comparatively lower 0.51% annualized return.
XB4F.DE
- 1D
- 0.04%
- 1M
- -0.46%
- 6M
- -0.05%
- YTD
- 0.35%
- 1Y
- 1.07%
- 3Y*
- 4.08%
- 5Y*
- -0.19%
- 10Y*
- 0.83%
IBCS.DE
- 1D
- -0.05%
- 1M
- -0.52%
- 6M
- -0.01%
- YTD
- 0.49%
- 1Y
- 1.14%
- 3Y*
- 3.91%
- 5Y*
- -0.46%
- 10Y*
- 0.51%
XB4F.DE vs. IBCS.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XB4F.DE Xtrackers II EUR Corporate Bond SRI PAB UCITS ETF | 0.35% | 2.84% | 4.19% | 7.30% | -13.32% | -1.08% | 2.40% | 6.10% | -1.71% | 2.90% |
IBCS.DE iShares Euro Corporate Bond Large Cap UCITS ETF | 0.49% | 2.83% | 3.66% | 7.36% | -14.02% | -1.42% | 2.71% | 6.17% | -1.32% | 1.59% |
Correlation
The correlation between XB4F.DE and IBCS.DE is 0.83, 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 | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.87 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.91 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Oct 18, 2010 | 0.77 |
The correlation between XB4F.DE and IBCS.DE shifts across timeframes, from 0.77 (all time) to 0.91 (5 years), reflecting how their relationship changes across market environments.
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
XB4F.DE vs. IBCS.DE — Risk / Return Rank
XB4F.DE
IBCS.DE
XB4F.DE vs. IBCS.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II EUR Corporate Bond SRI PAB UCITS ETF (XB4F.DE) and iShares Euro Corporate Bond Large Cap UCITS ETF (IBCS.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.
| XB4F.DE | IBCS.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.01 | ||
| Sortino ratioReturn per unit of downside risk | 0.00 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.06 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 0.40 | 0.41 | 0.00 |
| Martin ratioReturn relative to average drawdown | 1.29 | 1.37 | -0.08 |
Loading charts...
Drawdowns
XB4F.DE vs. IBCS.DE - Drawdown Comparison
The maximum XB4F.DE drawdown since its inception was -16.97%, smaller than the maximum IBCS.DE drawdown of -17.87%. Use the drawdown chart below to compare losses from any high point for XB4F.DE and IBCS.DE.
Loading charts...
Drawdown Indicators
| XB4F.DE | IBCS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.97% | -17.87% | +0.90% |
Max Drawdown (1Y)Largest decline over 1 year | -2.65% | -2.78% | +0.13% |
Max Drawdown (3Y)Largest decline over 3 years | -2.65% | -2.78% | +0.13% |
Max Drawdown (5Y)Largest decline over 5 years | -16.97% | -17.87% | +0.90% |
Max Drawdown (10Y)Largest decline over 10 years | -16.97% | -17.87% | +0.90% |
Current DrawdownCurrent decline from peak | -1.58% | -2.93% | +1.35% |
Average DrawdownAverage peak-to-trough decline | -2.90% | -2.98% | +0.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.83% | 0.83% | 0.00% |
Volatility
XB4F.DE vs. IBCS.DE - Volatility Comparison
Xtrackers II EUR Corporate Bond SRI PAB UCITS ETF (XB4F.DE) and iShares Euro Corporate Bond Large Cap UCITS ETF (IBCS.DE) have volatilities of 0.77% and 0.78%, 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.
Loading charts...
Volatility by Period
| XB4F.DE | IBCS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.77% | 0.78% | -0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 2.74% | 2.93% | -0.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.18% | 3.41% | -0.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.45% | 4.75% | -0.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.13% | 4.47% | +0.66% |
XB4F.DE vs. IBCS.DE - Expense Ratio Comparison
XB4F.DE has a 0.16% expense ratio, which is lower than IBCS.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
XB4F.DE vs. IBCS.DE - Dividend Comparison
XB4F.DE's dividend yield for the trailing twelve months is around 2.63%, less than IBCS.DE's 3.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBCS.DE iShares Euro Corporate Bond Large Cap UCITS ETF | 3.14% | 3.03% | 2.74% | 2.31% | 1.05% | 0.73% | 0.85% | 0.99% | 1.10% | 1.09% | 1.27% | 1.57% |
XB4F.DE Xtrackers II EUR Corporate Bond SRI PAB UCITS ETF | 2.63% | 2.44% | 2.59% | 1.66% | 1.30% | 2.23% | 0.43% | 0.59% | 0.62% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XB4F.DE and IBCS.DE have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XB4F.DE is cheaper at 0.16% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XB4F.DE is cheaper with a 0.16% expense ratio, compared with 0.20% for IBCS.DE.
XB4F.DE tracks Bloomberg MSCI Euro Corporate SRI PAB, while IBCS.DE tracks iBoxx® EUR Liquid Corporates Large Cap. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.16% for XB4F.DE and 0.20% for IBCS.DE.
Find the right allocation for XB4F.DE and IBCS.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