XGLE.L vs. TLH
XGLE.L (Xtrackers Eurozone Government Bond UCITS ETF 1C) and TLH (iShares 10-20 Year Treasury Bond ETF) are both exchange-traded funds - XGLE.L is a European Government Bonds fund tracking the Bloomberg Euro Agg Govt TR EUR, while TLH is a Government Bonds fund tracking the ICE U.S. Treasury 10-20 Year Bond Index. Both are passively managed. Over the past 10 years, XGLE.L returned -0.35%/yr vs -1.01%/yr for TLH. At a 0.39 correlation, their price movements are largely independent. Both charge a 0.15% expense ratio.
Performance
XGLE.L vs. TLH - Performance Comparison
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Different Trading Currencies
XGLE.L is traded in EUR, while TLH is traded in USD. To make them comparable, the TLH values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, XGLE.L achieves a 0.07% return, which is significantly lower than TLH's 1.00% return. Over the past 10 years, XGLE.L has outperformed TLH with an annualized return of -0.35%, while TLH has yielded a comparatively lower -1.01% annualized return.
XGLE.L
- 1D
- 0.07%
- 1M
- -0.03%
- YTD
- 0.07%
- 6M
- 0.14%
- 1Y
- 0.33%
- 3Y*
- 2.35%
- 5Y*
- -2.29%
- 10Y*
- -0.35%
TLH
- 1D
- 0.17%
- 1M
- 0.94%
- YTD
- 1.00%
- 6M
- -0.00%
- 1Y
- 2.85%
- 3Y*
- -2.10%
- 5Y*
- -2.84%
- 10Y*
- -1.01%
XGLE.L vs. TLH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XGLE.L Xtrackers Eurozone Government Bond UCITS ETF 1C | 0.07% | 0.57% | 1.68% | 6.80% | -18.23% | -3.63% | 4.76% | 6.62% | 0.78% | -0.04% |
TLH iShares 10-20 Year Treasury Bond ETF | 1.00% | -6.16% | 2.11% | 0.91% | -20.61% | 1.70% | 4.40% | 12.59% | 5.08% | -8.59% |
Correlation
The correlation between XGLE.L and TLH is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Aug 18, 2009 | 0.39 |
The correlation between XGLE.L and TLH shifts across timeframes, from 0.36 (1 year) to 0.57 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
XGLE.L vs. TLH — Risk / Return Rank
XGLE.L
TLH
XGLE.L vs. TLH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Eurozone Government Bond UCITS ETF 1C (XGLE.L) and iShares 10-20 Year Treasury Bond ETF (TLH). 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.L | TLH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.36 | ||
| Sortino ratioReturn per unit of downside risk | -0.53 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.07 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.01 | 0.51 | -0.52 |
| Martin ratioReturn relative to average drawdown | -0.04 | 1.17 | -1.21 |
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.L | TLH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.01 | 0.35 | -0.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.36 | -0.21 | -0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.07 | -0.08 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.27 | +0.14 |
Drawdowns
XGLE.L vs. TLH - Drawdown Comparison
The maximum XGLE.L drawdown since its inception was -22.56%, smaller than the maximum TLH drawdown of -38.78%. Use the drawdown chart below to compare losses from any high point for XGLE.L and TLH.
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Drawdown Indicators
| XGLE.L | TLH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.56% | -38.78% | +16.22% |
Max Drawdown (1Y)Largest decline over 1 year | -3.54% | -5.62% | +2.08% |
Max Drawdown (3Y)Largest decline over 3 years | -3.99% | -14.53% | +10.54% |
Max Drawdown (5Y)Largest decline over 5 years | -21.62% | -30.85% | +9.23% |
Max Drawdown (10Y)Largest decline over 10 years | -22.56% | -38.78% | +16.22% |
Current DrawdownCurrent decline from peak | -14.20% | -33.25% | +19.05% |
Average DrawdownAverage peak-to-trough decline | -6.51% | -14.01% | +7.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.38% | 2.45% | -1.07% |
Volatility
XGLE.L vs. TLH - Volatility Comparison
Xtrackers Eurozone Government Bond UCITS ETF 1C (XGLE.L) and iShares 10-20 Year Treasury Bond ETF (TLH) have volatilities of 1.70% and 1.76%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XGLE.L | TLH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.70% | 1.76% | -0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 3.52% | 6.10% | -2.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.22% | 8.23% | -4.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.34% | 13.31% | -6.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.34% | 12.34% | -7.00% |
XGLE.L vs. TLH - Expense Ratio Comparison
Both XGLE.L and TLH have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
XGLE.L vs. TLH - Dividend Comparison
XGLE.L has not paid dividends to shareholders, while TLH's dividend yield for the trailing twelve months is around 4.50%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TLH iShares 10-20 Year Treasury Bond ETF | 4.50% | 4.17% | 4.28% | 3.83% | 2.78% | 1.50% | 2.65% | 2.31% | 2.17% | 1.83% | 1.91% | 2.13% |
XGLE.L Xtrackers Eurozone Government Bond UCITS ETF 1C | 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
XGLE.L and TLH have a correlation of 0.36, 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 0.15% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
XGLE.L and TLH have the same expense ratio: 0.15% per year.
XGLE.L is categorized as European Government Bonds, while TLH is Government Bonds. XGLE.L tracks Bloomberg Euro Agg Govt TR EUR, while TLH tracks ICE U.S. Treasury 10-20 Year Bond Index. They also come from different issuers: DWS and iShares.
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