XBLC.L vs. ISXF.L
XBLC.L (Xtrackers II EUR Corporate Bond UCITS ETF 1C) and ISXF.L (iShares GBP Corporate Bond ex-Financials UCITS ETF) are both European Corporate Bonds funds - XBLC.L tracks the Bloomberg Euro Corp TR EUR while ISXF.L tracks the Markit iBoxx GBP NonGilts TR. Both are passively managed. Over the past 5 years, XBLC.L returned 0.08%/yr vs -1.54%/yr for ISXF.L. A 0.56 correlation means they provide meaningful diversification when combined. XBLC.L charges 0.12%/yr vs 0.20%/yr for ISXF.L.
Performance
XBLC.L vs. ISXF.L - Performance Comparison
Loading charts...
Different Trading Currencies
XBLC.L is traded in EUR, while ISXF.L is traded in GBP. To make them comparable, the ISXF.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, XBLC.L achieves a 0.55% return, which is significantly higher than ISXF.L's 0.30% 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*
- —
ISXF.L
- 1D
- 0.24%
- 1M
- 1.98%
- YTD
- 0.30%
- 6M
- 0.79%
- 1Y
- 1.85%
- 3Y*
- 5.04%
- 5Y*
- -1.54%
- 10Y*
- 0.43%
XBLC.L vs. ISXF.L - 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% |
ISXF.L iShares GBP Corporate Bond ex-Financials UCITS ETF | 0.30% | 1.35% | 4.63% | 11.03% | -24.09% | 2.24% | 2.65% | 18.35% | -3.26% | 1.05% |
Correlation
The correlation between XBLC.L and ISXF.L is 0.62, 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 | 0.62 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.68 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Sep 22, 2017 | 0.56 |
The correlation between XBLC.L and ISXF.L shifts across timeframes, from 0.56 (all time) to 0.68 (3 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XBLC.L vs. ISXF.L — Risk / Return Rank
XBLC.L
ISXF.L
XBLC.L vs. ISXF.L - 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 GBP Corporate Bond ex-Financials UCITS ETF (ISXF.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.
| XBLC.L | ISXF.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.36 | ||
| Sortino ratioReturn per unit of downside risk | +0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.05 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 0.70 | 0.41 | +0.29 |
| Martin ratioReturn relative to average drawdown | 2.42 | 1.00 | +1.42 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| XBLC.L | ISXF.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.62 | 0.26 | +0.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.02 | -0.16 | +0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.04 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.18 | 0.40 | -0.22 |
Drawdowns
XBLC.L vs. ISXF.L - Drawdown Comparison
The maximum XBLC.L drawdown since its inception was -17.18%, smaller than the maximum ISXF.L drawdown of -33.87%. Use the drawdown chart below to compare losses from any high point for XBLC.L and ISXF.L.
Loading charts...
Drawdown Indicators
| XBLC.L | ISXF.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.18% | -33.87% | +16.69% |
Max Drawdown (1Y)Largest decline over 1 year | -2.67% | -4.47% | +1.80% |
Max Drawdown (3Y)Largest decline over 3 years | -2.67% | -7.92% | +5.25% |
Max Drawdown (5Y)Largest decline over 5 years | -17.18% | -33.87% | +16.69% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.87% | — |
Current DrawdownCurrent decline from peak | -1.05% | -11.81% | +10.76% |
Average DrawdownAverage peak-to-trough decline | -4.50% | -8.13% | +3.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.77% | 1.85% | -1.08% |
Volatility
XBLC.L vs. ISXF.L - Volatility Comparison
The current volatility for Xtrackers II EUR Corporate Bond UCITS ETF 1C (XBLC.L) is 1.18%, while iShares GBP Corporate Bond ex-Financials UCITS ETF (ISXF.L) has a volatility of 2.72%. This indicates that XBLC.L experiences smaller price fluctuations and is considered to be less risky than ISXF.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XBLC.L | ISXF.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.18% | 2.72% | -1.54% |
Volatility (6M)Calculated over the trailing 6-month period | 2.65% | 5.84% | -3.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.01% | 7.19% | -4.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.38% | 9.90% | -5.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.71% | 10.13% | -5.42% |
XBLC.L vs. ISXF.L - Expense Ratio Comparison
XBLC.L has a 0.12% expense ratio, which is lower than ISXF.L's 0.20% 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. ISXF.L - Dividend Comparison
XBLC.L has not paid dividends to shareholders, while ISXF.L's dividend yield for the trailing twelve months is around 4.54%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ISXF.L iShares GBP Corporate Bond ex-Financials UCITS ETF | 4.54% | 4.23% | 3.97% | 3.15% | 2.93% | 2.31% | 2.30% | 2.66% | 2.87% | 2.87% | 3.48% | 1.95% |
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
XBLC.L and ISXF.L have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
XBLC.L is cheaper with a 0.12% expense ratio, compared with 0.20% for ISXF.L.
XBLC.L tracks Bloomberg Euro Corp TR EUR, while ISXF.L tracks Markit iBoxx GBP NonGilts TR. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.12% for XBLC.L and 0.20% for ISXF.L.
Find the right allocation for XBLC.L and ISXF.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer