XBAG.DE vs. EUNU.DE
XBAG.DE (Xtrackers II ESG Global Aggregate Bond UCITS ETF 1D) and EUNU.DE (iShares Core Global Aggregate Bond UCITS ETF USD (Dist)) are both Global Bonds funds - XBAG.DE tracks the Bloomberg Global Aggregate TR USD while EUNU.DE tracks the Bloomberg Global Aggregate Bond. Both are passively managed. Over the past 5 years, XBAG.DE returned -1.25%/yr vs -0.25%/yr for EUNU.DE. Their correlation of 0.91 suggests significant overlap in exposure. Both charge a 0.10% expense ratio.
Performance
XBAG.DE vs. EUNU.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XBAG.DE achieves a 0.49% return, which is significantly higher than EUNU.DE's -0.39% return.
XBAG.DE
- 1D
- 0.04%
- 1M
- 0.60%
- YTD
- 0.49%
- 6M
- -0.07%
- 1Y
- -0.20%
- 3Y*
- 0.24%
- 5Y*
- -1.25%
- 10Y*
- -0.06%
EUNU.DE
- 1D
- 0.02%
- 1M
- 0.44%
- YTD
- -0.39%
- 6M
- -0.91%
- 1Y
- -0.79%
- 3Y*
- 1.03%
- 5Y*
- -0.25%
- 10Y*
- —
XBAG.DE vs. EUNU.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XBAG.DE Xtrackers II ESG Global Aggregate Bond UCITS ETF 1D | 0.49% | -3.89% | 3.40% | 1.86% | -11.56% | 2.92% | -0.49% | 9.25% | 3.04% | -1.43% |
EUNU.DE iShares Core Global Aggregate Bond UCITS ETF USD (Dist) | -0.39% | -4.02% | 5.70% | 4.05% | -10.69% | 4.64% | 0.21% | 10.21% | 4.60% | -1.59% |
Correlation
The correlation between XBAG.DE and EUNU.DE is 0.90, 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 | 0.90 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.90 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.91 |
Correlation (All Time) Calculated using the full available price history since Dec 15, 2017 | 0.91 |
The correlation between XBAG.DE and EUNU.DE has been stable across timeframes, ranging from 0.90 to 0.91 - a consistent structural relationship.
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Return for Risk
XBAG.DE vs. EUNU.DE — Risk / Return Rank
XBAG.DE
EUNU.DE
XBAG.DE vs. EUNU.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II ESG Global Aggregate Bond UCITS ETF 1D (XBAG.DE) and iShares Core Global Aggregate Bond UCITS ETF USD (Dist) (EUNU.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.
| XBAG.DE | EUNU.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.23 | ||
| Sortino ratioReturn per unit of downside risk | +0.31 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 0.96 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | -0.08 | -0.30 | +0.21 |
| Martin ratioReturn relative to average drawdown | -0.16 | -0.67 | +0.50 |
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
| XBAG.DE | EUNU.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.05 | -0.29 | +0.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.20 | -0.04 | -0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.01 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.27 | 0.23 | +0.05 |
Drawdowns
XBAG.DE vs. EUNU.DE - Drawdown Comparison
The maximum XBAG.DE drawdown since its inception was -16.64%, which is greater than EUNU.DE's maximum drawdown of -12.88%. Use the drawdown chart below to compare losses from any high point for XBAG.DE and EUNU.DE.
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Drawdown Indicators
| XBAG.DE | EUNU.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.64% | -12.88% | -3.76% |
Max Drawdown (1Y)Largest decline over 1 year | -2.44% | -3.82% | +1.38% |
Max Drawdown (3Y)Largest decline over 3 years | -7.49% | -8.28% | +0.79% |
Max Drawdown (5Y)Largest decline over 5 years | -15.81% | -12.88% | -2.93% |
Max Drawdown (10Y)Largest decline over 10 years | -16.64% | — | — |
Current DrawdownCurrent decline from peak | -12.21% | -7.39% | -4.82% |
Average DrawdownAverage peak-to-trough decline | -6.65% | -4.71% | -1.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.23% | 1.71% | -0.48% |
Volatility
XBAG.DE vs. EUNU.DE - Volatility Comparison
Xtrackers II ESG Global Aggregate Bond UCITS ETF 1D (XBAG.DE) and iShares Core Global Aggregate Bond UCITS ETF USD (Dist) (EUNU.DE) have volatilities of 0.99% and 0.95%, 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
| XBAG.DE | EUNU.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.99% | 0.95% | +0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 2.67% | 2.92% | -0.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.78% | 3.99% | -0.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.08% | 6.06% | +0.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.92% | 5.76% | +0.16% |
XBAG.DE vs. EUNU.DE - Expense Ratio Comparison
Both XBAG.DE and EUNU.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
XBAG.DE vs. EUNU.DE - Dividend Comparison
XBAG.DE's dividend yield for the trailing twelve months is around 3.00%, more than EUNU.DE's 1.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
EUNU.DE iShares Core Global Aggregate Bond UCITS ETF USD (Dist) | 1.53% | 3.21% | 4.10% | 4.25% | 1.55% | 2.78% | 2.49% | 2.47% | 2.10% | 0.00% | 0.00% |
XBAG.DE Xtrackers II ESG Global Aggregate Bond UCITS ETF 1D | 3.00% | 2.94% | 3.16% | 2.22% | 2.78% | 0.82% | 1.47% | 1.76% | 1.36% | 1.11% | 2.04% |
Frequently Asked Questions
With a correlation of 0.90, XBAG.DE and EUNU.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
Both ETFs have the same 0.10% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
XBAG.DE and EUNU.DE have the same expense ratio: 0.10% per year.
XBAG.DE tracks Bloomberg Global Aggregate TR USD, while EUNU.DE tracks Bloomberg Global Aggregate Bond. They also come from different issuers: Xtrackers and iShares.
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