XBAE.DE vs. EUNA.DE
XBAE.DE (Xtrackers II ESG Global Aggregate Bond UCITS ETF 5C EUR hedged) and EUNA.DE (iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc) are both Global Bonds funds - XBAE.DE tracks the Bloomberg MSCI Global Aggregate Sustainable and SRI Currency Neutral (EUR Hedged) while EUNA.DE tracks the Bloomberg Global Aggregate Bond (EUR Hedged). Both are passively managed. Over the past 5 years, XBAE.DE returned -1.74%/yr vs -1.29%/yr for EUNA.DE. A 0.74 correlation means they provide meaningful diversification when combined. Both charge a 0.10% expense ratio.
Performance
XBAE.DE vs. EUNA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XBAE.DE achieves a -0.55% return, which is significantly lower than EUNA.DE's -0.46% return.
XBAE.DE
- 1D
- 0.05%
- 1M
- -0.24%
- YTD
- -0.55%
- 6M
- -0.54%
- 1Y
- 1.07%
- 3Y*
- 1.72%
- 5Y*
- -1.74%
- 10Y*
- -0.46%
EUNA.DE
- 1D
- 0.22%
- 1M
- -0.12%
- YTD
- -0.46%
- 6M
- -0.07%
- 1Y
- 1.32%
- 3Y*
- 2.28%
- 5Y*
- -1.29%
- 10Y*
- —
XBAE.DE vs. EUNA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XBAE.DE Xtrackers II ESG Global Aggregate Bond UCITS ETF 5C EUR hedged | -0.55% | 2.65% | 0.52% | 4.36% | -14.60% | -2.16% | 3.70% | 5.33% | -1.57% | -0.35% |
EUNA.DE iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc | -0.46% | 2.79% | 1.60% | 4.36% | -13.52% | -2.37% | 3.70% | 5.06% | -1.17% | -0.54% |
Correlation
The correlation between XBAE.DE and EUNA.DE is 0.81, 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 | 0.81 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.86 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Dec 15, 2017 | 0.74 |
The correlation between XBAE.DE and EUNA.DE shifts across timeframes, from 0.74 (all time) to 0.86 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
XBAE.DE vs. EUNA.DE — Risk / Return Rank
XBAE.DE
EUNA.DE
XBAE.DE vs. EUNA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II ESG Global Aggregate Bond UCITS ETF 5C EUR hedged (XBAE.DE) and iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (EUNA.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.
| XBAE.DE | EUNA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.07 | ||
| Sortino ratioReturn per unit of downside risk | -0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.06 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.30 | 0.43 | -0.13 |
| Martin ratioReturn relative to average drawdown | 0.83 | 1.18 | -0.35 |
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
| XBAE.DE | EUNA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.27 | 0.34 | -0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.35 | -0.28 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.10 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.08 | -0.05 | +0.13 |
Drawdowns
XBAE.DE vs. EUNA.DE - Drawdown Comparison
The maximum XBAE.DE drawdown since its inception was -19.04%, which is greater than EUNA.DE's maximum drawdown of -17.79%. Use the drawdown chart below to compare losses from any high point for XBAE.DE and EUNA.DE.
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Drawdown Indicators
| XBAE.DE | EUNA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.04% | -17.79% | -1.25% |
Max Drawdown (1Y)Largest decline over 1 year | -3.11% | -2.75% | -0.36% |
Max Drawdown (3Y)Largest decline over 3 years | -4.58% | -4.02% | -0.56% |
Max Drawdown (5Y)Largest decline over 5 years | -18.29% | -17.03% | -1.26% |
Max Drawdown (10Y)Largest decline over 10 years | -19.04% | — | — |
Current DrawdownCurrent decline from peak | -10.88% | -8.66% | -2.22% |
Average DrawdownAverage peak-to-trough decline | -5.91% | -6.76% | +0.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.11% | 0.99% | +0.12% |
Volatility
XBAE.DE vs. EUNA.DE - Volatility Comparison
Xtrackers II ESG Global Aggregate Bond UCITS ETF 5C EUR hedged (XBAE.DE) and iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (EUNA.DE) have volatilities of 1.32% and 1.35%, 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.
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Volatility by Period
| XBAE.DE | EUNA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.32% | 1.35% | -0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 2.86% | 2.82% | +0.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.46% | 3.46% | 0.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.00% | 4.64% | +0.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.63% | 4.27% | +0.36% |
XBAE.DE vs. EUNA.DE - Expense Ratio Comparison
Both XBAE.DE and EUNA.DE have an expense ratio of 0.10%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
XBAE.DE vs. EUNA.DE - Dividend Comparison
Neither XBAE.DE nor EUNA.DE has paid dividends to shareholders.
Frequently Asked Questions
XBAE.DE and EUNA.DE have a correlation of 0.81, 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 0.10% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
XBAE.DE and EUNA.DE have the same expense ratio: 0.10% per year.
XBAE.DE tracks Bloomberg MSCI Global Aggregate Sustainable and SRI Currency Neutral (EUR Hedged), while EUNA.DE tracks Bloomberg Global Aggregate Bond (EUR Hedged). They also come from different issuers: Xtrackers and iShares.
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