XGSI.L vs. XDNS.L
XGSI.L (Xtrackers Global Government Bond UCITS ETF 3C USD hedged) and XDNS.L (Xtrackers MSCI Japan ESG Screened UCITS ETF 1D) are both exchange-traded funds - XGSI.L is a Global Bonds fund tracking the Bloomberg Global Aggregate TR Hdg USD, while XDNS.L is a Japan Equities fund tracking the TOPIX TR JPY. Both are passively managed. Over the past 5 years, XGSI.L returned -0.67%/yr vs 8.23%/yr for XDNS.L. At a 0.01 correlation, their price movements are largely independent. XGSI.L charges 0.25%/yr vs 0.15%/yr for XDNS.L.
Performance
XGSI.L vs. XDNS.L - Performance Comparison
Loading charts...
Different Trading Currencies
XGSI.L is traded in USD, while XDNS.L is traded in GBp. To make them comparable, the XDNS.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, XGSI.L achieves a -0.36% return, which is significantly lower than XDNS.L's 15.20% return.
XGSI.L
- 1D
- 0.08%
- 1M
- 0.28%
- YTD
- -0.36%
- 6M
- -0.28%
- 1Y
- 2.05%
- 3Y*
- 2.69%
- 5Y*
- -0.67%
- 10Y*
- —
XDNS.L
- 1D
- -0.52%
- 1M
- 5.37%
- YTD
- 15.20%
- 6M
- 15.44%
- 1Y
- 31.16%
- 3Y*
- 17.52%
- 5Y*
- 8.23%
- 10Y*
- 8.88%
XGSI.L vs. XDNS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XGSI.L Xtrackers Global Government Bond UCITS ETF 3C USD hedged | -0.36% | 3.99% | 1.24% | 5.84% | -13.31% | -2.49% | 5.86% | 7.44% | 2.26% | 0.95% |
XDNS.L Xtrackers MSCI Japan ESG Screened UCITS ETF 1D | 15.20% | 25.00% | 8.60% | 17.21% | -17.32% | 0.21% | 15.55% | 19.11% | -14.62% | 18.08% |
Correlation
The correlation between XGSI.L and XDNS.L is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Apr 25, 2017 | 0.01 |
Over the past year, XGSI.L and XDNS.L have become more correlated (0.29) than their long-term average of 0.01, meaning their price movements have been converging.
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
XGSI.L vs. XDNS.L — Risk / Return Rank
XGSI.L
XDNS.L
XGSI.L vs. XDNS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Global Government Bond UCITS ETF 3C USD hedged (XGSI.L) and Xtrackers MSCI Japan ESG Screened UCITS ETF 1D (XDNS.L). 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.
| XGSI.L | XDNS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.36 | ||
| Sortino ratioReturn per unit of downside risk | -1.96 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.34 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 0.65 | 3.01 | -2.37 |
| Martin ratioReturn relative to average drawdown | 1.81 | 9.26 | -7.45 |
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
| XGSI.L | XDNS.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.46 | 1.82 | -1.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.13 | 0.53 | -0.66 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.57 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.47 | -0.25 |
Drawdowns
XGSI.L vs. XDNS.L - Drawdown Comparison
The maximum XGSI.L drawdown since its inception was -17.29%, smaller than the maximum XDNS.L drawdown of -33.26%. Use the drawdown chart below to compare losses from any high point for XGSI.L and XDNS.L.
Loading charts...
Drawdown Indicators
| XGSI.L | XDNS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.29% | -33.26% | +15.97% |
Max Drawdown (1Y)Largest decline over 1 year | -3.15% | -12.98% | +9.83% |
Max Drawdown (3Y)Largest decline over 3 years | -4.29% | -14.96% | +10.67% |
Max Drawdown (5Y)Largest decline over 5 years | -16.39% | -33.26% | +16.87% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.26% | — |
Current DrawdownCurrent decline from peak | -6.48% | -0.52% | -5.96% |
Average DrawdownAverage peak-to-trough decline | -5.68% | -8.69% | +3.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.13% | 4.34% | -3.21% |
Volatility
XGSI.L vs. XDNS.L - Volatility Comparison
The current volatility for Xtrackers Global Government Bond UCITS ETF 3C USD hedged (XGSI.L) is 1.47%, while Xtrackers MSCI Japan ESG Screened UCITS ETF 1D (XDNS.L) has a volatility of 4.41%. This indicates that XGSI.L experiences smaller price fluctuations and is considered to be less risky than XDNS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XGSI.L | XDNS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.47% | 4.41% | -2.94% |
Volatility (6M)Calculated over the trailing 6-month period | 2.87% | 15.97% | -13.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.41% | 21.50% | -17.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.30% | 20.08% | -14.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.77% | 18.43% | -13.66% |
XGSI.L vs. XDNS.L - Expense Ratio Comparison
XGSI.L has a 0.25% expense ratio, which is higher than XDNS.L's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XGSI.L vs. XDNS.L - Dividend Comparison
XGSI.L has not paid dividends to shareholders, while XDNS.L's dividend yield for the trailing twelve months is around 1.43%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
XDNS.L Xtrackers MSCI Japan ESG Screened UCITS ETF 1D | 1.43% | 1.63% | 1.65% | 1.81% | 2.83% | 1.46% | 1.79% | 1.77% | 1.20% | 1.97% | 0.64% |
XGSI.L Xtrackers Global Government Bond UCITS ETF 3C USD hedged | 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
XGSI.L and XDNS.L have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDNS.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDNS.L is cheaper with a 0.15% expense ratio, compared with 0.25% for XGSI.L.
XGSI.L is categorized as Global Bonds, while XDNS.L is Japan Equities. XGSI.L tracks Bloomberg Global Aggregate TR Hdg USD, while XDNS.L tracks TOPIX TR JPY. Their fees differ too: 0.25% for XGSI.L and 0.15% for XDNS.L.
Find the right allocation for XGSI.L and XDNS.L
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