XGLE.DE vs. GLDA.DE
XGLE.DE (Xtrackers II Eurozone Government Bond UCITS ETF) and GLDA.DE (Amundi Physical Gold ETC (C)) are both exchange-traded funds - XGLE.DE is a European Government Bonds fund tracking the iBoxx® EUR Sovereigns Eurozone, while GLDA.DE is a Precious Metals fund tracking the Gold. Both are passively managed. Over the past 5 years, XGLE.DE returned -2.30%/yr vs 19.71%/yr for GLDA.DE. At a 0.29 correlation, their price movements are largely independent. XGLE.DE charges 0.09%/yr vs 0.12%/yr for GLDA.DE.
Performance
XGLE.DE vs. GLDA.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XGLE.DE achieves a 0.07% return, which is significantly lower than GLDA.DE's 2.73% return.
XGLE.DE
- 1D
- 0.04%
- 1M
- 0.56%
- YTD
- 0.07%
- 6M
- 0.02%
- 1Y
- -0.07%
- 3Y*
- 2.36%
- 5Y*
- -2.30%
- 10Y*
- -0.35%
GLDA.DE
- 1D
- 0.57%
- 1M
- -1.60%
- YTD
- 2.73%
- 6M
- 6.36%
- 1Y
- 30.16%
- 3Y*
- 28.03%
- 5Y*
- 19.71%
- 10Y*
- —
XGLE.DE vs. GLDA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
XGLE.DE Xtrackers II Eurozone Government Bond UCITS ETF | 0.07% | 0.67% | 1.55% | 6.76% | -18.18% | -3.62% | 4.64% | 0.15% |
GLDA.DE Amundi Physical Gold ETC (C) | 2.73% | 48.99% | 34.24% | 9.40% | 7.00% | 3.88% | 12.92% | 8.39% |
Correlation
The correlation between XGLE.DE and GLDA.DE is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Jul 10, 2019 | 0.29 |
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
XGLE.DE vs. GLDA.DE — Risk / Return Rank
XGLE.DE
GLDA.DE
XGLE.DE vs. GLDA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II Eurozone Government Bond UCITS ETF (XGLE.DE) and Amundi Physical Gold ETC (C) (GLDA.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.
| XGLE.DE | GLDA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.31 | ||
| Sortino ratioReturn per unit of downside risk | -1.74 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.26 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | 1.82 | -1.84 |
| Martin ratioReturn relative to average drawdown | -0.05 | 4.60 | -4.65 |
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
| XGLE.DE | GLDA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.02 | 1.30 | -1.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.36 | 1.21 | -1.57 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.06 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 1.10 | -0.63 |
Drawdowns
XGLE.DE vs. GLDA.DE - Drawdown Comparison
The maximum XGLE.DE drawdown since its inception was -22.59%, which is greater than GLDA.DE's maximum drawdown of -18.34%. Use the drawdown chart below to compare losses from any high point for XGLE.DE and GLDA.DE.
Loading charts...
Drawdown Indicators
| XGLE.DE | GLDA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.59% | -18.34% | -4.25% |
Max Drawdown (1Y)Largest decline over 1 year | -3.47% | -16.53% | +13.06% |
Max Drawdown (3Y)Largest decline over 3 years | -4.02% | -16.53% | +12.51% |
Max Drawdown (5Y)Largest decline over 5 years | -21.71% | -16.53% | -5.18% |
Max Drawdown (10Y)Largest decline over 10 years | -22.59% | — | — |
Current DrawdownCurrent decline from peak | -14.18% | -15.01% | +0.83% |
Average DrawdownAverage peak-to-trough decline | -5.22% | -5.75% | +0.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.38% | 6.54% | -5.16% |
Volatility
XGLE.DE vs. GLDA.DE - Volatility Comparison
The current volatility for Xtrackers II Eurozone Government Bond UCITS ETF (XGLE.DE) is 1.78%, while Amundi Physical Gold ETC (C) (GLDA.DE) has a volatility of 5.11%. This indicates that XGLE.DE experiences smaller price fluctuations and is considered to be less risky than GLDA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XGLE.DE | GLDA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.78% | 5.11% | -3.33% |
Volatility (6M)Calculated over the trailing 6-month period | 3.66% | 20.17% | -16.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.37% | 23.11% | -18.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.31% | 16.05% | -9.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.61% | 15.85% | -10.24% |
XGLE.DE vs. GLDA.DE - Expense Ratio Comparison
XGLE.DE has a 0.09% expense ratio, which is lower than GLDA.DE's 0.12% 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
XGLE.DE vs. GLDA.DE - Dividend Comparison
Neither XGLE.DE nor GLDA.DE has paid dividends to shareholders.
Frequently Asked Questions
XGLE.DE and GLDA.DE have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XGLE.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XGLE.DE is cheaper with a 0.09% expense ratio, compared with 0.12% for GLDA.DE.
XGLE.DE is categorized as European Government Bonds, while GLDA.DE is Precious Metals. XGLE.DE tracks iBoxx® EUR Sovereigns Eurozone, while GLDA.DE tracks Gold. They also come from different issuers: Xtrackers and Amundi. Their fees differ too: 0.09% for XGLE.DE and 0.12% for GLDA.DE.
Find the right allocation for XGLE.DE and GLDA.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