XGLE.DE vs. JE13.DE
XGLE.DE (Xtrackers II Eurozone Government Bond UCITS ETF) and JE13.DE (JPMorgan BetaBuilders EUR Government Bond 1-3 UCITS ETF EUR (Acc)) are both European Government Bonds funds - XGLE.DE tracks the iBoxx® EUR Sovereigns Eurozone while JE13.DE tracks the JP Morgan EMU Government Bond 1-3. Both are passively managed. Over the past 5 years, XGLE.DE returned -2.30%/yr vs 0.62%/yr for JE13.DE. A 0.78 correlation means they provide meaningful diversification when combined. XGLE.DE charges 0.09%/yr vs 0.10%/yr for JE13.DE.
Performance
XGLE.DE vs. JE13.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XGLE.DE achieves a 0.07% return, which is significantly higher than JE13.DE's 0.06% 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%
JE13.DE
- 1D
- 0.05%
- 1M
- 0.28%
- YTD
- 0.06%
- 6M
- 0.16%
- 1Y
- 0.80%
- 3Y*
- 2.63%
- 5Y*
- 0.62%
- 10Y*
- —
XGLE.DE vs. JE13.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
XGLE.DE Xtrackers II Eurozone Government Bond UCITS ETF | 0.07% | 0.67% | 1.55% | 6.76% | -18.18% | -3.62% | 4.64% | 6.63% | 1.33% |
JE13.DE JPMorgan BetaBuilders EUR Government Bond 1-3 UCITS ETF EUR (Acc) | 0.06% | 2.30% | 2.97% | 3.44% | -4.96% | -0.81% | -0.05% | 0.23% | -0.07% |
Correlation
The correlation between XGLE.DE and JE13.DE is 0.80, 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 | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.79 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Feb 28, 2018 | 0.78 |
The correlation between XGLE.DE and JE13.DE has been stable across timeframes, ranging from 0.78 to 0.83 - a consistent structural relationship.
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Return for Risk
XGLE.DE vs. JE13.DE — Risk / Return Rank
XGLE.DE
JE13.DE
XGLE.DE vs. JE13.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 JPMorgan BetaBuilders EUR Government Bond 1-3 UCITS ETF EUR (Acc) (JE13.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 | JE13.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.62 | ||
| Sortino ratioReturn per unit of downside risk | -0.88 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.12 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | 0.62 | -0.64 |
| Martin ratioReturn relative to average drawdown | -0.05 | 2.01 | -2.06 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XGLE.DE | JE13.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.02 | 0.61 | -0.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.36 | 0.36 | -0.72 |
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 | 0.23 | +0.24 |
Drawdowns
XGLE.DE vs. JE13.DE - Drawdown Comparison
The maximum XGLE.DE drawdown since its inception was -22.59%, which is greater than JE13.DE's maximum drawdown of -6.90%. Use the drawdown chart below to compare losses from any high point for XGLE.DE and JE13.DE.
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Drawdown Indicators
| XGLE.DE | JE13.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.59% | -6.90% | -15.69% |
Max Drawdown (1Y)Largest decline over 1 year | -3.47% | -1.28% | -2.19% |
Max Drawdown (3Y)Largest decline over 3 years | -4.02% | -1.28% | -2.74% |
Max Drawdown (5Y)Largest decline over 5 years | -21.71% | -6.01% | -15.70% |
Max Drawdown (10Y)Largest decline over 10 years | -22.59% | — | — |
Current DrawdownCurrent decline from peak | -14.18% | -0.54% | -13.64% |
Average DrawdownAverage peak-to-trough decline | -5.22% | -1.76% | -3.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.38% | 0.40% | +0.98% |
Volatility
XGLE.DE vs. JE13.DE - Volatility Comparison
Xtrackers II Eurozone Government Bond UCITS ETF (XGLE.DE) has a higher volatility of 1.78% compared to JPMorgan BetaBuilders EUR Government Bond 1-3 UCITS ETF EUR (Acc) (JE13.DE) at 0.46%. This indicates that XGLE.DE's price experiences larger fluctuations and is considered to be riskier than JE13.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XGLE.DE | JE13.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.78% | 0.46% | +1.32% |
Volatility (6M)Calculated over the trailing 6-month period | 3.66% | 1.21% | +2.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.37% | 1.32% | +3.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.31% | 1.71% | +4.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.61% | 1.52% | +4.09% |
XGLE.DE vs. JE13.DE - Expense Ratio Comparison
XGLE.DE has a 0.09% expense ratio, which is lower than JE13.DE's 0.10% 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. JE13.DE - Dividend Comparison
Neither XGLE.DE nor JE13.DE has paid dividends to shareholders.
Frequently Asked Questions
XGLE.DE and JE13.DE have a correlation of 0.80, 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 0.10% for JE13.DE.
XGLE.DE tracks iBoxx® EUR Sovereigns Eurozone, while JE13.DE tracks JP Morgan EMU Government Bond 1-3. They also come from different issuers: Xtrackers and JPMorgan. Their fees differ too: 0.09% for XGLE.DE and 0.10% for JE13.DE.
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