XEC1.DE vs. ECR3.DE

Last updated Jun 5, 2026

XEC1.DE (Xtrackers II EUR Corporate Bond UCITS ETF) and ECR3.DE (Amundi Index Euro Corporate SRI 0-3 Y UCITS ETF) are both European Corporate Bonds funds - XEC1.DE tracks the Bloomberg Euro Corporate Bond while ECR3.DE tracks the Bloomberg MSCI Euro Corporate ESG BB+ Sustainability SRI 0-3 Year. Both are passively managed. Over the past 3 years, XEC1.DE returned 4.57%/yr vs 3.72%/yr for ECR3.DE. A 0.75 correlation means they provide meaningful diversification when combined. Both charge a 0.12% expense ratio.

Performance

XEC1.DE vs. ECR3.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers II EUR Corporate Bond UCITS ETF (XEC1.DE) and Amundi Index Euro Corporate SRI 0-3 Y UCITS ETF (ECR3.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with XEC1.DE having a 0.61% return and ECR3.DE slightly lower at 0.60%.

XEC1.DE

• 1D: 0.11%
• 1M: 0.31%
• YTD: 0.61%
• 6M: 0.58%
• 1Y: 2.25%
• 3Y*: 4.57%
• 5Y*: —
• 10Y*: —

ECR3.DE

• 1D: 0.04%
• 1M: 0.24%
• YTD: 0.60%
• 6M: 0.69%
• 1Y: 1.99%
• 3Y*: 3.72%
• 5Y*: 1.57%
• 10Y*: —

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

XEC1.DE vs. ECR3.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
XEC1.DE Xtrackers II EUR Corporate Bond UCITS ETF	0.61%	3.01%	4.27%	7.53%	-13.41%	0.08%
ECR3.DE Amundi Index Euro Corporate SRI 0-3 Y UCITS ETF	0.60%	2.97%	4.19%	4.18%	-3.69%	-0.07%

Correlation

The correlation between XEC1.DE and ECR3.DE is 0.68, 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	0.68
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (All Time) Calculated using the full available price history since Oct 21, 2021	0.75

The correlation between XEC1.DE and ECR3.DE has been stable across timeframes, ranging from 0.68 to 0.76 - a consistent structural relationship.

Return for Risk

XEC1.DE vs. ECR3.DE — Risk / Return Rank

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

XEC1.DE

XEC1.DE Risk / Return Rank: 19
XEC1.DE Sharpe Ratio Rank: 20
XEC1.DE Sortino Ratio Rank: 19
XEC1.DE Omega Ratio Rank: 19
XEC1.DE Calmar Ratio Rank: 18
XEC1.DE Martin Ratio Rank: 21

ECR3.DE

ECR3.DE Risk / Return Rank: 56
ECR3.DE Sharpe Ratio Rank: 53
ECR3.DE Sortino Ratio Rank: 63
ECR3.DE Omega Ratio Rank: 66
ECR3.DE Calmar Ratio Rank: 44
ECR3.DE Martin Ratio Rank: 53

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.

XEC1.DE vs. ECR3.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers II EUR Corporate Bond UCITS ETF (XEC1.DE) and Amundi Index Euro Corporate SRI 0-3 Y UCITS ETF (ECR3.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.

	XEC1.DE	ECR3.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.61	1.79	-1.18
Sortino ratio: Return per unit of downside risk	0.93	2.88	-1.95
Omega ratio: Gain probability vs. loss probability	1.12	1.39	-0.27
Calmar ratio: Return relative to maximum drawdown	0.72	2.16	-1.44
Martin ratio: Return relative to average drawdown	2.46	8.95	-6.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XEC1.DE vs. ECR3.DE - Sharpe Ratio Comparison

The current XEC1.DE Sharpe Ratio is 0.61, which is lower than the ECR3.DE Sharpe Ratio of 1.79. The chart below compares the historical Sharpe Ratios of XEC1.DE and ECR3.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

	XEC1.DE	ECR3.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.61	1.79	-1.18
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.12	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.03	0.80	-0.77

Drawdowns

XEC1.DE vs. ECR3.DE - Drawdown Comparison

The maximum XEC1.DE drawdown since its inception was -16.37%, which is greater than ECR3.DE's maximum drawdown of -5.04%. Use the drawdown chart below to compare losses from any high point for XEC1.DE and ECR3.DE.

Drawdown Indicators

	XEC1.DE	ECR3.DE	Difference
Max Drawdown Largest peak-to-trough decline	-16.37%	-5.04%	-11.33%
Max Drawdown (1Y) Largest decline over 1 year	-2.66%	-0.88%	-1.78%
Max Drawdown (3Y) Largest decline over 3 years	-2.66%	-0.88%	-1.78%
Max Drawdown (5Y) Largest decline over 5 years	—	-5.04%	—
Current Drawdown Current decline from peak	-0.69%	-0.10%	-0.59%
Average Drawdown Average peak-to-trough decline	-6.67%	-1.05%	-5.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.78%	0.21%	+0.57%

Volatility

XEC1.DE vs. ECR3.DE - Volatility Comparison

Xtrackers II EUR Corporate Bond UCITS ETF (XEC1.DE) has a higher volatility of 1.10% compared to Amundi Index Euro Corporate SRI 0-3 Y UCITS ETF (ECR3.DE) at 0.38%. This indicates that XEC1.DE's price experiences larger fluctuations and is considered to be riskier than ECR3.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XEC1.DE	ECR3.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.10%	0.38%	+0.72%
Volatility (6M) Calculated over the trailing 6-month period	2.74%	0.96%	+1.78%
Volatility (1Y) Calculated over the trailing 1-year period	3.11%	1.06%	+2.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.51%	1.39%	+3.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.51%	1.74%	+2.77%

XEC1.DE vs. ECR3.DE - Expense Ratio Comparison

Both XEC1.DE and ECR3.DE have an expense ratio of 0.12%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

XEC1.DE vs. ECR3.DE - Dividend Comparison

XEC1.DE's dividend yield for the trailing twelve months is around 2.70%, while ECR3.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
ECR3.DE Amundi Index Euro Corporate SRI 0-3 Y UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%
XEC1.DE Xtrackers II EUR Corporate Bond UCITS ETF	2.70%	2.50%	2.68%	1.77%	1.08%

Frequently Asked Questions

Can I hold both XEC1.DE and ECR3.DE in my portfolio?

XEC1.DE and ECR3.DE have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XEC1.DE or ECR3.DE?

Both ETFs have the same 0.12% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XEC1.DE or ECR3.DE?

XEC1.DE and ECR3.DE have the same expense ratio: 0.12% per year.

What is the main difference between XEC1.DE and ECR3.DE?

XEC1.DE tracks Bloomberg Euro Corporate Bond, while ECR3.DE tracks Bloomberg MSCI Euro Corporate ESG BB+ Sustainability SRI 0-3 Year. They also come from different issuers: Xtrackers and Amundi.