XBO2.DE vs. E15G.DE
XBO2.DE (Xtrackers II Italy Government Bond 0-1 Swap UCITS ETF (Acc)) and E15G.DE (Amundi Euro Government Bond 15+Y UCITS ETF (Dist)) are both Government Bonds funds - XBO2.DE tracks the FTSE Eurozone BOT Index while E15G.DE tracks the Bloomberg Euro Treasury 50bn 15+ Year Bond Index. Both are passively managed. Over the past 5 years, XBO2.DE returned 1.73%/yr vs -8.79%/yr for E15G.DE. At a 0.22 correlation, their price movements are largely independent. Both charge a 0.15% expense ratio.
Performance
XBO2.DE vs. E15G.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XBO2.DE achieves a 0.65% return, which is significantly higher than E15G.DE's -1.02% return.
XBO2.DE
- 1D
- 0.00%
- 1M
- 0.15%
- 6M
- 0.86%
- YTD
- 0.65%
- 1Y
- 1.73%
- 3Y*
- 2.81%
- 5Y*
- 1.73%
- 10Y*
- 0.71%
E15G.DE
- 1D
- 0.30%
- 1M
- -2.83%
- 6M
- -2.08%
- YTD
- -1.02%
- 1Y
- -1.91%
- 3Y*
- -1.11%
- 5Y*
- -8.79%
- 10Y*
- —
XBO2.DE vs. E15G.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XBO2.DE Xtrackers II Italy Government Bond 0-1 Swap UCITS ETF (Acc) | 0.65% | 2.42% | 3.53% | 3.03% | -0.64% | -0.60% | -0.10% |
E15G.DE Amundi Euro Government Bond 15+Y UCITS ETF (Dist) | -1.02% | -6.02% | -1.35% | 9.51% | -35.59% | -7.77% | 2.88% |
Correlation
The correlation between XBO2.DE and E15G.DE is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Sep 24, 2020 | 0.22 |
The correlation between XBO2.DE and E15G.DE shifts across timeframes, from 0.13 (3 years) to 0.23 (5 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
XBO2.DE vs. E15G.DE — Risk / Return Rank
XBO2.DE
E15G.DE
XBO2.DE vs. E15G.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II Italy Government Bond 0-1 Swap UCITS ETF (Acc) (XBO2.DE) and Amundi Euro Government Bond 15+Y UCITS ETF (Dist) (E15G.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XBO2.DE | E15G.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.73 | ||
| Sortino ratioReturn per unit of downside risk | +0.99 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 0.97 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 1.54 | -0.31 | +1.85 |
| Martin ratioReturn relative to average drawdown | 4.21 | -0.63 | +4.84 |
Loading charts...
Drawdowns
XBO2.DE vs. E15G.DE - Drawdown Comparison
The maximum XBO2.DE drawdown since its inception was -3.92%, smaller than the maximum E15G.DE drawdown of -46.08%. Use the drawdown chart below to compare losses from any high point for XBO2.DE and E15G.DE.
Loading charts...
Drawdown Indicators
| XBO2.DE | E15G.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.92% | -46.08% | +42.16% |
Max Drawdown (1Y)Largest decline over 1 year | -1.12% | -6.17% | +5.05% |
Max Drawdown (3Y)Largest decline over 3 years | -1.12% | -12.77% | +11.65% |
Max Drawdown (5Y)Largest decline over 5 years | -1.31% | -44.05% | +42.74% |
Max Drawdown (10Y)Largest decline over 10 years | -3.77% | — | — |
Current DrawdownCurrent decline from peak | -0.58% | -40.88% | +40.30% |
Average DrawdownAverage peak-to-trough decline | -0.71% | -29.75% | +29.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.41% | 3.05% | -2.64% |
Volatility
XBO2.DE vs. E15G.DE - Volatility Comparison
The current volatility for Xtrackers II Italy Government Bond 0-1 Swap UCITS ETF (Acc) (XBO2.DE) is 1.48%, while Amundi Euro Government Bond 15+Y UCITS ETF (Dist) (E15G.DE) has a volatility of 2.59%. This indicates that XBO2.DE experiences smaller price fluctuations and is considered to be less risky than E15G.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XBO2.DE | E15G.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.48% | 2.59% | -1.11% |
Volatility (6M)Calculated over the trailing 6-month period | 2.61% | 7.35% | -4.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.29% | 9.36% | -6.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.53% | 14.26% | -12.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.64% | 13.56% | -11.92% |
XBO2.DE vs. E15G.DE - Expense Ratio Comparison
Both XBO2.DE and E15G.DE have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
XBO2.DE vs. E15G.DE - Dividend Comparison
XBO2.DE has not paid dividends to shareholders, while E15G.DE's dividend yield for the trailing twelve months is around 3.02%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
E15G.DE Amundi Euro Government Bond 15+Y UCITS ETF (Dist) | 3.02% | 2.99% | 2.47% | 2.13% | 2.81% | 1.91% | 0.73% |
XBO2.DE Xtrackers II Italy Government Bond 0-1 Swap UCITS ETF (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XBO2.DE and E15G.DE have a correlation of 0.17, 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 0.15% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
XBO2.DE and E15G.DE have the same expense ratio: 0.15% per year.
XBO2.DE tracks FTSE Eurozone BOT Index, while E15G.DE tracks Bloomberg Euro Treasury 50bn 15+ Year Bond Index. They also come from different issuers: Xtrackers and Amundi.
Find the right allocation for XBO2.DE and E15G.DE
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