XGLE.DE vs. XSX6.DE
XGLE.DE (Xtrackers II Eurozone Government Bond UCITS ETF) and XSX6.DE (Xtrackers STOXX Europe 600 UCITS ETF) are both exchange-traded funds - XGLE.DE is a European Government Bonds fund tracking the iBoxx® EUR Sovereigns Eurozone, while XSX6.DE is a Europe Equities fund tracking the STOXX® Europe 600. Both are passively managed. Over the past 10 years, XGLE.DE returned -0.35%/yr vs 9.14%/yr for XSX6.DE. At a 0.02 correlation, their price movements are largely independent. XGLE.DE charges 0.09%/yr vs 0.20%/yr for XSX6.DE.
Performance
XGLE.DE vs. XSX6.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 lower than XSX6.DE's 7.40% return. Over the past 10 years, XGLE.DE has underperformed XSX6.DE with an annualized return of -0.35%, while XSX6.DE has yielded a comparatively higher 9.14% annualized 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%
XSX6.DE
- 1D
- 0.59%
- 1M
- 3.14%
- YTD
- 7.40%
- 6M
- 9.99%
- 1Y
- 16.44%
- 3Y*
- 13.95%
- 5Y*
- 9.70%
- 10Y*
- 9.14%
XGLE.DE vs. XSX6.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.92% | -0.10% |
XSX6.DE Xtrackers STOXX Europe 600 UCITS ETF | 7.40% | 20.91% | 8.35% | 15.54% | -10.63% | 24.87% | -1.83% | 28.68% | -11.34% | 10.91% |
Correlation
The correlation between XGLE.DE and XSX6.DE is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Jan 21, 2009 | 0.02 |
Over the past year, XGLE.DE and XSX6.DE have become more correlated (0.44) than their long-term average of 0.02, meaning their price movements have been converging.
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Return for Risk
XGLE.DE vs. XSX6.DE — Risk / Return Rank
XGLE.DE
XSX6.DE
XGLE.DE vs. XSX6.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 Xtrackers STOXX Europe 600 UCITS ETF (XSX6.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 | XSX6.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.28 | ||
| Sortino ratioReturn per unit of downside risk | -1.86 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.24 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | 1.73 | -1.75 |
| Martin ratioReturn relative to average drawdown | -0.05 | 6.55 | -6.60 |
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 | XSX6.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.02 | 1.26 | -1.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.36 | 0.66 | -1.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.06 | 0.58 | -0.64 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.59 | -0.12 |
Drawdowns
XGLE.DE vs. XSX6.DE - Drawdown Comparison
The maximum XGLE.DE drawdown since its inception was -22.59%, smaller than the maximum XSX6.DE drawdown of -36.05%. Use the drawdown chart below to compare losses from any high point for XGLE.DE and XSX6.DE.
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Drawdown Indicators
| XGLE.DE | XSX6.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.59% | -36.05% | +13.46% |
Max Drawdown (1Y)Largest decline over 1 year | -3.47% | -9.46% | +5.99% |
Max Drawdown (3Y)Largest decline over 3 years | -4.02% | -16.37% | +12.35% |
Max Drawdown (5Y)Largest decline over 5 years | -21.71% | -20.84% | -0.87% |
Max Drawdown (10Y)Largest decline over 10 years | -22.59% | -36.05% | +13.46% |
Current DrawdownCurrent decline from peak | -14.18% | -1.56% | -12.62% |
Average DrawdownAverage peak-to-trough decline | -5.22% | -5.27% | +0.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.38% | 2.50% | -1.12% |
Volatility
XGLE.DE vs. XSX6.DE - Volatility Comparison
The current volatility for Xtrackers II Eurozone Government Bond UCITS ETF (XGLE.DE) is 1.78%, while Xtrackers STOXX Europe 600 UCITS ETF (XSX6.DE) has a volatility of 4.26%. This indicates that XGLE.DE experiences smaller price fluctuations and is considered to be less risky than XSX6.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 | XSX6.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.78% | 4.26% | -2.48% |
Volatility (6M)Calculated over the trailing 6-month period | 3.66% | 10.73% | -7.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.37% | 12.95% | -8.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.31% | 14.44% | -8.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.61% | 15.61% | -10.00% |
XGLE.DE vs. XSX6.DE - Expense Ratio Comparison
XGLE.DE has a 0.09% expense ratio, which is lower than XSX6.DE's 0.20% 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. XSX6.DE - Dividend Comparison
Neither XGLE.DE nor XSX6.DE has paid dividends to shareholders.
Frequently Asked Questions
XGLE.DE and XSX6.DE have a correlation of 0.44, 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 0.20% for XSX6.DE.
XGLE.DE is categorized as European Government Bonds, while XSX6.DE is Europe Equities. XGLE.DE tracks iBoxx® EUR Sovereigns Eurozone, while XSX6.DE tracks STOXX® Europe 600. Their fees differ too: 0.09% for XGLE.DE and 0.20% for XSX6.DE.
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