XB4F.DE vs. JER5.DE

Last updated Jul 18, 2026

XB4F.DE (Xtrackers II EUR Corporate Bond SRI PAB UCITS ETF) and JER5.DE (JPMorgan EUR Corporate Bond 1-5 yr Research Enhanced Index (ESG) UCITS ETF) are both European Corporate Bonds funds - XB4F.DE tracks the Bloomberg MSCI Euro Corporate SRI PAB while JER5.DE tracks the JP Morgan EUR Corporate Bond 1-5 Research Enhanced Index (ESG). Both are passively managed. Over the past 5 years, XB4F.DE returned -0.19%/yr vs 1.11%/yr for JER5.DE. A 0.80 correlation means they provide meaningful diversification when combined. XB4F.DE charges 0.16%/yr vs 0.04%/yr for JER5.DE.

Performance

XB4F.DE vs. JER5.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers II EUR Corporate Bond SRI PAB UCITS ETF (XB4F.DE) and JPMorgan EUR Corporate Bond 1-5 yr Research Enhanced Index (ESG) UCITS ETF (JER5.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XB4F.DE achieves a 0.35% return, which is significantly lower than JER5.DE's 0.53% 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%

JER5.DE

• 1D: -0.02%
• 1M: -0.24%
• 6M: 0.26%
• YTD: 0.53%
• 1Y: 1.47%
• 3Y*: 4.17%
• 5Y*: 1.11%
• 10Y*: —

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

XB4F.DE vs. JER5.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
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%	0.18%
JER5.DE JPMorgan EUR Corporate Bond 1-5 yr Research Enhanced Index (ESG) UCITS ETF	0.53%	3.43%	4.31%	6.23%	-7.82%	-0.26%	0.74%	2.43%	0.24%

Correlation

The correlation between XB4F.DE and JER5.DE is 0.69, 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	0.69
Correlation (3Y) Calculated over the trailing 3-year period	0.80
Correlation (5Y) Calculated over the trailing 5-year period	0.86
Correlation (All Time) Calculated using the full available price history since Dec 5, 2018	0.80

The correlation between XB4F.DE and JER5.DE shifts across timeframes, from 0.69 (1 year) to 0.86 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

XB4F.DE vs. JER5.DE — Risk / Return Rank

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

XB4F.DE

XB4F.DE Risk / Return Rank: 16
XB4F.DE Sharpe Ratio Rank: 16
XB4F.DE Sortino Ratio Rank: 14
XB4F.DE Omega Ratio Rank: 14
XB4F.DE Calmar Ratio Rank: 16
XB4F.DE Martin Ratio Rank: 18

JER5.DE

JER5.DE Risk / Return Rank: 24
JER5.DE Sharpe Ratio Rank: 26
JER5.DE Sortino Ratio Rank: 25
JER5.DE Omega Ratio Rank: 24
JER5.DE Calmar Ratio Rank: 22
JER5.DE Martin Ratio Rank: 26

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.

XB4F.DE vs. JER5.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 JPMorgan EUR Corporate Bond 1-5 yr Research Enhanced Index (ESG) UCITS ETF (JER5.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	JER5.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.34	0.72	-0.39
Sortino ratio: Return per unit of downside risk	0.52	1.10	-0.58
Omega ratio: Gain probability vs. loss probability	1.06	1.14	-0.07
Calmar ratio: Return relative to maximum drawdown	0.40	0.74	-0.34
Martin ratio: Return relative to average drawdown	1.29	2.60	-1.31

XB4F.DE vs. JER5.DE - Sharpe Ratio Comparison

The current XB4F.DE Sharpe Ratio is 0.34, which is lower than the JER5.DE Sharpe Ratio of 0.72. The chart below compares the historical Sharpe Ratios of XB4F.DE and JER5.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

XB4F.DE vs. JER5.DE - Drawdown Comparison

The maximum XB4F.DE drawdown since its inception was -16.97%, which is greater than JER5.DE's maximum drawdown of -10.17%. Use the drawdown chart below to compare losses from any high point for XB4F.DE and JER5.DE.

Drawdown Indicators

	XB4F.DE	JER5.DE	Difference
Max Drawdown Largest peak-to-trough decline	-16.97%	-10.17%	-6.80%
Max Drawdown (1Y) Largest decline over 1 year	-2.65%	-1.98%	-0.67%
Max Drawdown (3Y) Largest decline over 3 years	-2.65%	-1.98%	-0.67%
Max Drawdown (5Y) Largest decline over 5 years	-16.97%	-10.17%	-6.80%
Max Drawdown (10Y) Largest decline over 10 years	-16.97%	—	—
Current Drawdown Current decline from peak	-1.58%	-0.59%	-0.99%
Average Drawdown Average peak-to-trough decline	-2.90%	-2.21%	-0.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.83%	0.56%	+0.27%

Volatility

XB4F.DE vs. JER5.DE - Volatility Comparison

Xtrackers II EUR Corporate Bond SRI PAB UCITS ETF (XB4F.DE) has a higher volatility of 0.77% compared to JPMorgan EUR Corporate Bond 1-5 yr Research Enhanced Index (ESG) UCITS ETF (JER5.DE) at 0.57%. This indicates that XB4F.DE's price experiences larger fluctuations and is considered to be riskier than JER5.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XB4F.DE	JER5.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.77%	0.57%	+0.20%
Volatility (6M) Calculated over the trailing 6-month period	2.74%	1.79%	+0.95%
Volatility (1Y) Calculated over the trailing 1-year period	3.18%	2.03%	+1.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.45%	2.56%	+1.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.13%	3.07%	+2.06%

XB4F.DE vs. JER5.DE - Expense Ratio Comparison

XB4F.DE has a 0.16% expense ratio, which is higher than JER5.DE's 0.04% 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%.

Dividends

XB4F.DE vs. JER5.DE - Dividend Comparison

XB4F.DE's dividend yield for the trailing twelve months is around 2.63%, while JER5.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
JER5.DE JPMorgan EUR Corporate Bond 1-5 yr Research Enhanced Index (ESG) UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
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%

Frequently Asked Questions

Can I hold both XB4F.DE and JER5.DE in my portfolio?

XB4F.DE and JER5.DE have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XB4F.DE or JER5.DE?

On fees, JER5.DE is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XB4F.DE or JER5.DE?

JER5.DE is cheaper with a 0.04% expense ratio, compared with 0.16% for XB4F.DE.

What is the main difference between XB4F.DE and JER5.DE?

XB4F.DE tracks Bloomberg MSCI Euro Corporate SRI PAB, while JER5.DE tracks JP Morgan EUR Corporate Bond 1-5 Research Enhanced Index (ESG). They also come from different issuers: Xtrackers and JPMorgan. Their fees differ too: 0.16% for XB4F.DE and 0.04% for JER5.DE.