XBLC.L vs. EXS1.DE

Last updated Jun 5, 2026

XBLC.L (Xtrackers II EUR Corporate Bond UCITS ETF 1C) and EXS1.DE (iShares Core DAX UCITS ETF (DE)) are both exchange-traded funds - XBLC.L is a European Corporate Bonds fund tracking the Bloomberg Euro Corp TR EUR, while EXS1.DE is a Europe Equities fund tracking the DAX®. Both are passively managed. Over the past 5 years, XBLC.L returned 0.08%/yr vs 9.09%/yr for EXS1.DE. At a 0.28 correlation, their price movements are largely independent. XBLC.L charges 0.12%/yr vs 0.16%/yr for EXS1.DE.

Performance

XBLC.L vs. EXS1.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers II EUR Corporate Bond UCITS ETF 1C (XBLC.L) and iShares Core DAX UCITS ETF (DE) (EXS1.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XBLC.L achieves a 0.55% return, which is significantly lower than EXS1.DE's 1.33% return.

XBLC.L

• 1D: 0.10%
• 1M: 0.71%
• YTD: 0.55%
• 6M: 0.44%
• 1Y: 1.87%
• 3Y*: 4.55%
• 5Y*: 0.08%
• 10Y*: —

EXS1.DE

• 1D: 0.59%
• 1M: 2.03%
• YTD: 1.33%
• 6M: 4.02%
• 1Y: 2.26%
• 3Y*: 15.45%
• 5Y*: 9.09%
• 10Y*: 8.88%

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

XBLC.L vs. EXS1.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XBLC.L Xtrackers II EUR Corporate Bond UCITS ETF 1C	0.55%	2.95%	4.36%	7.51%	-13.29%	-1.05%	2.52%	6.28%	-1.52%	0.63%
EXS1.DE iShares Core DAX UCITS ETF (DE)	1.33%	22.63%	18.07%	19.45%	-12.79%	15.16%	2.98%	24.67%	-18.48%	2.34%

Correlation

The correlation between XBLC.L and EXS1.DE is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (5Y) Calculated over the trailing 5-year period	0.30
Correlation (All Time) Calculated using the full available price history since Sep 22, 2017	0.28

The correlation between XBLC.L and EXS1.DE shifts across timeframes, from 0.28 (all time) to 0.46 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

XBLC.L vs. EXS1.DE — Risk / Return Rank

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

XBLC.L

XBLC.L Risk / Return Rank: 19
XBLC.L Sharpe Ratio Rank: 20
XBLC.L Sortino Ratio Rank: 18
XBLC.L Omega Ratio Rank: 20
XBLC.L Calmar Ratio Rank: 18
XBLC.L Martin Ratio Rank: 21

EXS1.DE

EXS1.DE Risk / Return Rank: 11
EXS1.DE Sharpe Ratio Rank: 11
EXS1.DE Sortino Ratio Rank: 11
EXS1.DE Omega Ratio Rank: 11
EXS1.DE Calmar Ratio Rank: 11
EXS1.DE Martin Ratio Rank: 12

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.

XBLC.L vs. EXS1.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers II EUR Corporate Bond UCITS ETF 1C (XBLC.L) and iShares Core DAX UCITS ETF (DE) (EXS1.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.

	XBLC.L	EXS1.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.62	0.14	+0.48
Sortino ratio: Return per unit of downside risk	0.92	0.32	+0.60
Omega ratio: Gain probability vs. loss probability	1.12	1.04	+0.08
Calmar ratio: Return relative to maximum drawdown	0.70	0.18	+0.52
Martin ratio: Return relative to average drawdown	2.42	0.57	+1.86
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XBLC.L vs. EXS1.DE - Sharpe Ratio Comparison

The current XBLC.L Sharpe Ratio is 0.62, which is higher than the EXS1.DE Sharpe Ratio of 0.14. The chart below compares the historical Sharpe Ratios of XBLC.L and EXS1.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.

Sharpe Ratios by Period

	XBLC.L	EXS1.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.62	0.14	+0.48
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.02	0.52	-0.50
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.48	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.18	0.22	-0.04

Drawdowns

XBLC.L vs. EXS1.DE - Drawdown Comparison

The maximum XBLC.L drawdown since its inception was -17.18%, smaller than the maximum EXS1.DE drawdown of -68.00%. Use the drawdown chart below to compare losses from any high point for XBLC.L and EXS1.DE.

Drawdown Indicators

	XBLC.L	EXS1.DE	Difference
Max Drawdown Largest peak-to-trough decline	-17.18%	-68.00%	+50.82%
Max Drawdown (1Y) Largest decline over 1 year	-2.67%	-12.35%	+9.68%
Max Drawdown (3Y) Largest decline over 3 years	-2.67%	-15.93%	+13.26%
Max Drawdown (5Y) Largest decline over 5 years	-17.18%	-26.69%	+9.51%
Max Drawdown (10Y) Largest decline over 10 years	—	-38.68%	—
Current Drawdown Current decline from peak	-1.05%	-2.23%	+1.18%
Average Drawdown Average peak-to-trough decline	-4.50%	-17.04%	+12.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.77%	3.99%	-3.22%

Volatility

XBLC.L vs. EXS1.DE - Volatility Comparison

The current volatility for Xtrackers II EUR Corporate Bond UCITS ETF 1C (XBLC.L) is 1.18%, while iShares Core DAX UCITS ETF (DE) (EXS1.DE) has a volatility of 5.16%. This indicates that XBLC.L experiences smaller price fluctuations and is considered to be less risky than EXS1.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XBLC.L	EXS1.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.18%	5.16%	-3.98%
Volatility (6M) Calculated over the trailing 6-month period	2.65%	12.95%	-10.30%
Volatility (1Y) Calculated over the trailing 1-year period	3.01%	16.04%	-13.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.38%	17.18%	-12.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.71%	18.36%	-13.65%

XBLC.L vs. EXS1.DE - Expense Ratio Comparison

XBLC.L has a 0.12% expense ratio, which is lower than EXS1.DE's 0.16% 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

XBLC.L vs. EXS1.DE - Dividend Comparison

Neither XBLC.L nor EXS1.DE has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EXS1.DE iShares Core DAX UCITS ETF (DE)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.51%	0.48%	0.73%	0.66%
XBLC.L Xtrackers II EUR Corporate Bond UCITS ETF 1C	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XBLC.L and EXS1.DE in my portfolio?

XBLC.L and EXS1.DE have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XBLC.L or EXS1.DE?

On fees, XBLC.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XBLC.L or EXS1.DE?

XBLC.L is cheaper with a 0.12% expense ratio, compared with 0.16% for EXS1.DE.

What is the main difference between XBLC.L and EXS1.DE?

XBLC.L is categorized as European Corporate Bonds, while EXS1.DE is Europe Equities. XBLC.L tracks Bloomberg Euro Corp TR EUR, while EXS1.DE tracks DAX®. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.12% for XBLC.L and 0.16% for EXS1.DE.