XGBE.DE vs. IS3F.DE
XGBE.DE (Xtrackers EUR Corporate Green Bond UCITS ETF (Acc)) and IS3F.DE (iShares $ Corp Bond Interest Rate Hedged UCITS ETF USD (Dist)) are both Corporate Bonds funds - XGBE.DE tracks the Bloomberg MSCI EUR Corporate and Agency Green Bond Index while IS3F.DE tracks the Markit iBoxx USD Liquid Investment Grade Interest Rate Hedged Index. Both are passively managed. Over the past 5 years, XGBE.DE returned -0.79%/yr vs 6.07%/yr for IS3F.DE. At a correlation of -0.11, they often move in opposite directions. Both charge a 0.25% expense ratio.
Performance
XGBE.DE vs. IS3F.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XGBE.DE achieves a 1.11% return, which is significantly lower than IS3F.DE's 5.49% return.
XGBE.DE
- 1D
- -0.04%
- 1M
- 0.68%
- 6M
- 1.41%
- YTD
- 1.11%
- 1Y
- 1.81%
- 3Y*
- 4.36%
- 5Y*
- -0.79%
- 10Y*
- —
IS3F.DE
- 1D
- 0.34%
- 1M
- 1.62%
- 6M
- 5.29%
- YTD
- 5.49%
- 1Y
- 8.12%
- 3Y*
- 5.78%
- 5Y*
- 6.07%
- 10Y*
- 4.24%
XGBE.DE vs. IS3F.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XGBE.DE Xtrackers EUR Corporate Green Bond UCITS ETF (Acc) | 1.11% | 2.73% | 3.40% | 7.52% | -16.38% | -0.21% |
IS3F.DE iShares $ Corp Bond Interest Rate Hedged UCITS ETF USD (Dist) | 5.49% | -6.28% | 14.29% | 7.35% | 6.51% | 4.86% |
Correlation
The correlation between XGBE.DE and IS3F.DE is -0.23, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.11 |
Correlation (All Time) Calculated using the full available price history since Jun 24, 2021 | -0.11 |
The correlation between XGBE.DE and IS3F.DE shifts across timeframes, from -0.23 (1 year) to -0.11 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XGBE.DE vs. IS3F.DE — Risk / Return Rank
XGBE.DE
IS3F.DE
XGBE.DE vs. IS3F.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers EUR Corporate Green Bond UCITS ETF (Acc) (XGBE.DE) and iShares $ Corp Bond Interest Rate Hedged UCITS ETF USD (Dist) (IS3F.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.
| XGBE.DE | IS3F.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.71 | ||
| Sortino ratioReturn per unit of downside risk | -1.03 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.22 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 0.69 | 2.76 | -2.07 |
| Martin ratioReturn relative to average drawdown | 2.16 | 7.08 | -4.92 |
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Drawdowns
XGBE.DE vs. IS3F.DE - Drawdown Comparison
The maximum XGBE.DE drawdown since its inception was -20.20%, smaller than the maximum IS3F.DE drawdown of -27.25%. Use the drawdown chart below to compare losses from any high point for XGBE.DE and IS3F.DE.
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Drawdown Indicators
| XGBE.DE | IS3F.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.20% | -27.25% | +7.05% |
Max Drawdown (1Y)Largest decline over 1 year | -2.62% | -2.93% | +0.31% |
Max Drawdown (3Y)Largest decline over 3 years | -2.62% | -11.67% | +9.05% |
Max Drawdown (5Y)Largest decline over 5 years | -20.20% | -11.67% | -8.53% |
Max Drawdown (10Y)Largest decline over 10 years | — | -20.78% | — |
Current DrawdownCurrent decline from peak | -5.48% | -3.40% | -2.08% |
Average DrawdownAverage peak-to-trough decline | -10.31% | -8.18% | -2.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.84% | 1.14% | -0.30% |
Volatility
XGBE.DE vs. IS3F.DE - Volatility Comparison
The current volatility for Xtrackers EUR Corporate Green Bond UCITS ETF (Acc) (XGBE.DE) is 0.62%, while iShares $ Corp Bond Interest Rate Hedged UCITS ETF USD (Dist) (IS3F.DE) has a volatility of 1.90%. This indicates that XGBE.DE experiences smaller price fluctuations and is considered to be less risky than IS3F.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XGBE.DE | IS3F.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.62% | 1.90% | -1.28% |
Volatility (6M)Calculated over the trailing 6-month period | 2.74% | 4.53% | -1.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.22% | 6.38% | -3.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.04% | 7.66% | -2.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.03% | 8.21% | -3.18% |
XGBE.DE vs. IS3F.DE - Expense Ratio Comparison
Both XGBE.DE and IS3F.DE have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
XGBE.DE vs. IS3F.DE - Dividend Comparison
XGBE.DE has not paid dividends to shareholders, while IS3F.DE's dividend yield for the trailing twelve months is around 4.25%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IS3F.DE iShares $ Corp Bond Interest Rate Hedged UCITS ETF USD (Dist) | 4.25% | 4.77% | 5.36% | 4.95% | 2.10% | 1.50% | 2.62% | 3.52% | 2.81% | 2.25% | 2.36% | 3.21% |
XGBE.DE Xtrackers EUR Corporate Green Bond UCITS ETF (Acc) | 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
XGBE.DE and IS3F.DE have a correlation of -0.23, 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 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
XGBE.DE and IS3F.DE have the same expense ratio: 0.25% per year.
XGBE.DE tracks Bloomberg MSCI EUR Corporate and Agency Green Bond Index, while IS3F.DE tracks Markit iBoxx USD Liquid Investment Grade Interest Rate Hedged Index. They also come from different issuers: Xtrackers and iShares.
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