XBAG.DE vs. MINV.L
XBAG.DE (Xtrackers II ESG Global Aggregate Bond UCITS ETF 1D) and MINV.L (iShares Edge MSCI World Minimum Volatility UCITS ETF) are both exchange-traded funds - XBAG.DE is a Global Bonds fund tracking the Bloomberg Global Aggregate TR USD, while MINV.L is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. Over the past 10 years, XBAG.DE returned -0.06%/yr vs 6.84%/yr for MINV.L. At a 0.31 correlation, their price movements are largely independent. XBAG.DE charges 0.10%/yr vs 0.35%/yr for MINV.L.
Performance
XBAG.DE vs. MINV.L - Performance Comparison
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Different Trading Currencies
XBAG.DE is traded in EUR, while MINV.L is traded in GBp. To make them comparable, the MINV.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, XBAG.DE achieves a 0.49% return, which is significantly lower than MINV.L's 1.91% return. Over the past 10 years, XBAG.DE has underperformed MINV.L with an annualized return of -0.06%, while MINV.L has yielded a comparatively higher 6.84% annualized 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%
MINV.L
- 1D
- 0.06%
- 1M
- 1.63%
- YTD
- 1.91%
- 6M
- 1.95%
- 1Y
- -0.12%
- 3Y*
- 6.38%
- 5Y*
- 6.18%
- 10Y*
- 6.84%
XBAG.DE vs. MINV.L - 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% | -6.07% |
MINV.L iShares Edge MSCI World Minimum Volatility UCITS ETF | 1.92% | -2.02% | 18.30% | 3.65% | -3.99% | 23.53% | -6.42% | 26.40% | 1.89% | 2.79% |
Correlation
The correlation between XBAG.DE and MINV.L is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Apr 1, 2014 | 0.31 |
The correlation between XBAG.DE and MINV.L shifts across timeframes, from 0.29 (10 years) to 0.41 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
XBAG.DE vs. MINV.L — Risk / Return Rank
XBAG.DE
MINV.L
XBAG.DE vs. MINV.L - 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 Edge MSCI World Minimum Volatility UCITS ETF (MINV.L). 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 | MINV.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.08 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.00 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.08 | -0.02 | -0.06 |
| Martin ratioReturn relative to average drawdown | -0.16 | -0.05 | -0.12 |
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 | MINV.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.05 | -0.01 | -0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.20 | 0.61 | -0.81 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.01 | 0.57 | -0.58 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.27 | 0.76 | -0.48 |
Drawdowns
XBAG.DE vs. MINV.L - Drawdown Comparison
The maximum XBAG.DE drawdown since its inception was -16.64%, smaller than the maximum MINV.L drawdown of -28.32%. Use the drawdown chart below to compare losses from any high point for XBAG.DE and MINV.L.
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Drawdown Indicators
| XBAG.DE | MINV.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.64% | -28.32% | +11.68% |
Max Drawdown (1Y)Largest decline over 1 year | -2.44% | -5.64% | +3.20% |
Max Drawdown (3Y)Largest decline over 3 years | -7.49% | -11.56% | +4.07% |
Max Drawdown (5Y)Largest decline over 5 years | -15.81% | -12.36% | -3.45% |
Max Drawdown (10Y)Largest decline over 10 years | -16.64% | -28.32% | +11.68% |
Current DrawdownCurrent decline from peak | -12.21% | -6.57% | -5.64% |
Average DrawdownAverage peak-to-trough decline | -6.65% | -4.72% | -1.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.23% | 2.53% | -1.30% |
Volatility
XBAG.DE vs. MINV.L - Volatility Comparison
The current volatility for Xtrackers II ESG Global Aggregate Bond UCITS ETF 1D (XBAG.DE) is 0.99%, while iShares Edge MSCI World Minimum Volatility UCITS ETF (MINV.L) has a volatility of 2.35%. This indicates that XBAG.DE experiences smaller price fluctuations and is considered to be less risky than MINV.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XBAG.DE | MINV.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.99% | 2.35% | -1.36% |
Volatility (6M)Calculated over the trailing 6-month period | 2.67% | 5.56% | -2.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.78% | 7.95% | -4.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.08% | 10.14% | -4.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.92% | 11.92% | -6.00% |
XBAG.DE vs. MINV.L - Expense Ratio Comparison
XBAG.DE has a 0.10% expense ratio, which is lower than MINV.L's 0.35% expense ratio.
Dividends
XBAG.DE vs. MINV.L - Dividend Comparison
XBAG.DE's dividend yield for the trailing twelve months is around 3.00%, while MINV.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
MINV.L iShares Edge MSCI World Minimum Volatility UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 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
XBAG.DE and MINV.L have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XBAG.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XBAG.DE is cheaper with a 0.10% expense ratio, compared with 0.35% for MINV.L.
XBAG.DE is categorized as Global Bonds, while MINV.L is Global Equities. XBAG.DE tracks Bloomberg Global Aggregate TR USD, while MINV.L tracks MSCI ACWI NR USD. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.10% for XBAG.DE and 0.35% for MINV.L.
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