XBO2.DE vs. EXUS.DE
XBO2.DE (Xtrackers II Italy Government Bond 0-1 Swap UCITS ETF (Acc)) and EXUS.DE (Xtrackers MSCI World ex USA UCITS ETF 1C USD) are both exchange-traded funds - XBO2.DE is a Government Bonds fund tracking the FTSE Eurozone BOT Index, while EXUS.DE is a Global Equities fund tracking the MSCI World ex USA index. Both are passively managed. Over the past year, XBO2.DE returned 1.79% vs 25.65% for EXUS.DE. At a 0.08 correlation, their price movements are largely independent. Both charge a 0.15% expense ratio.
Performance
XBO2.DE vs. EXUS.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XBO2.DE achieves a 0.62% return, which is significantly lower than EXUS.DE's 13.41% return.
XBO2.DE
- 1D
- 0.03%
- 1M
- 0.21%
- 6M
- 0.62%
- YTD
- 0.62%
- 1Y
- 1.79%
- 3Y*
- 2.85%
- 5Y*
- 1.71%
- 10Y*
- 0.70%
EXUS.DE
- 1D
- 0.66%
- 1M
- 3.63%
- 6M
- 13.12%
- YTD
- 13.41%
- 1Y
- 25.65%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XBO2.DE vs. EXUS.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
XBO2.DE Xtrackers II Italy Government Bond 0-1 Swap UCITS ETF (Acc) | 0.62% | 2.42% | 2.95% |
EXUS.DE Xtrackers MSCI World ex USA UCITS ETF 1C USD | 13.41% | 17.80% | 4.15% |
Correlation
The correlation between XBO2.DE and EXUS.DE is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Mar 14, 2024 | 0.08 |
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. EXUS.DE — Risk / Return Rank
XBO2.DE
EXUS.DE
XBO2.DE vs. EXUS.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 Xtrackers MSCI World ex USA UCITS ETF 1C USD (EXUS.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 | EXUS.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.45 | ||
| Sortino ratioReturn per unit of downside risk | -2.06 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.38 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.59 | 2.94 | -1.35 |
| Martin ratioReturn relative to average drawdown | 4.48 | 11.77 | -7.29 |
Loading charts...
Drawdowns
XBO2.DE vs. EXUS.DE - Drawdown Comparison
The maximum XBO2.DE drawdown since its inception was -3.92%, smaller than the maximum EXUS.DE drawdown of -16.21%. Use the drawdown chart below to compare losses from any high point for XBO2.DE and EXUS.DE.
Loading charts...
Drawdown Indicators
| XBO2.DE | EXUS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.92% | -16.21% | +12.29% |
Max Drawdown (1Y)Largest decline over 1 year | -1.12% | -8.67% | +7.55% |
Max Drawdown (3Y)Largest decline over 3 years | -1.12% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -1.34% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -3.77% | — | — |
Current DrawdownCurrent decline from peak | -0.52% | 0.00% | -0.52% |
Average DrawdownAverage peak-to-trough decline | -0.71% | -1.75% | +1.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.40% | 2.17% | -1.77% |
Volatility
XBO2.DE vs. EXUS.DE - Volatility Comparison
The current volatility for Xtrackers II Italy Government Bond 0-1 Swap UCITS ETF (Acc) (XBO2.DE) is 1.10%, while Xtrackers MSCI World ex USA UCITS ETF 1C USD (EXUS.DE) has a volatility of 3.18%. This indicates that XBO2.DE experiences smaller price fluctuations and is considered to be less risky than EXUS.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XBO2.DE | EXUS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.10% | 3.18% | -2.08% |
Volatility (6M)Calculated over the trailing 6-month period | 2.53% | 10.31% | -7.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.08% | 12.59% | -9.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.44% | 13.36% | -11.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.60% | 13.36% | -11.76% |
XBO2.DE vs. EXUS.DE - Expense Ratio Comparison
Both XBO2.DE and EXUS.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. EXUS.DE - Dividend Comparison
Neither XBO2.DE nor EXUS.DE has paid dividends to shareholders.
Frequently Asked Questions
XBO2.DE and EXUS.DE have a correlation of 0.10, 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 EXUS.DE have the same expense ratio: 0.15% per year.
XBO2.DE is categorized as Government Bonds, while EXUS.DE is Global Equities. XBO2.DE tracks FTSE Eurozone BOT Index, while EXUS.DE tracks MSCI World ex USA index.
Find the right allocation for XBO2.DE and EXUS.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