XGVD.DE vs. XAIX.DE
XGVD.DE (Xtrackers Global Government Bond UCITS ETF EUR hedged) and XAIX.DE (Xtrackers Artificial Intelligence & Big Data UCITS ETF) are both exchange-traded funds - XGVD.DE is a Global Bonds fund tracking the FTSE World Government Bond - Developed Markets (EUR Hedged), while XAIX.DE is a Technology Equities fund tracking the Nasdaq Global Artificial Intelligence and Big Data. Both are passively managed. Over the past 5 years, XGVD.DE returned -2.52%/yr vs 22.22%/yr for XAIX.DE. At a correlation of -0.03, they often move in opposite directions. XGVD.DE charges 0.25%/yr vs 0.35%/yr for XAIX.DE.
Performance
XGVD.DE vs. XAIX.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XGVD.DE achieves a -0.89% return, which is significantly lower than XAIX.DE's 37.21% return.
XGVD.DE
- 1D
- 0.01%
- 1M
- -0.26%
- YTD
- -0.89%
- 6M
- -0.81%
- 1Y
- -0.08%
- 3Y*
- 0.74%
- 5Y*
- -2.52%
- 10Y*
- -0.99%
XAIX.DE
- 1D
- -2.02%
- 1M
- 16.54%
- YTD
- 37.21%
- 6M
- 37.25%
- 1Y
- 60.71%
- 3Y*
- 36.02%
- 5Y*
- 22.22%
- 10Y*
- —
XGVD.DE vs. XAIX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
XGVD.DE Xtrackers Global Government Bond UCITS ETF EUR hedged | -0.89% | 1.49% | -0.44% | 3.58% | -15.11% | -3.15% | 4.33% | 3.94% |
XAIX.DE Xtrackers Artificial Intelligence & Big Data UCITS ETF | 37.21% | 15.25% | 34.63% | 63.77% | -31.80% | 35.85% | 24.44% | 15.10% |
Correlation
The correlation between XGVD.DE and XAIX.DE is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Feb 6, 2019 | -0.03 |
The correlation between XGVD.DE and XAIX.DE shifts across timeframes, from -0.03 (all time) to 0.12 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
XGVD.DE vs. XAIX.DE — Risk / Return Rank
XGVD.DE
XAIX.DE
XGVD.DE vs. XAIX.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Global Government Bond UCITS ETF EUR hedged (XGVD.DE) and Xtrackers Artificial Intelligence & Big Data UCITS ETF (XAIX.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.
| XGVD.DE | XAIX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.08 | ||
| Sortino ratioReturn per unit of downside risk | -4.01 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.51 | -0.52 |
| Calmar ratioReturn relative to maximum drawdown | -0.05 | 5.11 | -5.16 |
| Martin ratioReturn relative to average drawdown | -0.14 | 14.72 | -14.86 |
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
| XGVD.DE | XAIX.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.05 | 3.03 | -3.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.50 | 1.06 | -1.56 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.23 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.11 | 1.08 | -0.98 |
Drawdowns
XGVD.DE vs. XAIX.DE - Drawdown Comparison
The maximum XGVD.DE drawdown since its inception was -21.37%, smaller than the maximum XAIX.DE drawdown of -33.08%. Use the drawdown chart below to compare losses from any high point for XGVD.DE and XAIX.DE.
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Drawdown Indicators
| XGVD.DE | XAIX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.37% | -33.08% | +11.71% |
Max Drawdown (1Y)Largest decline over 1 year | -3.53% | -12.10% | +8.57% |
Max Drawdown (3Y)Largest decline over 3 years | -4.77% | -27.61% | +22.84% |
Max Drawdown (5Y)Largest decline over 5 years | -19.44% | -33.08% | +13.64% |
Max Drawdown (10Y)Largest decline over 10 years | -21.37% | — | — |
Current DrawdownCurrent decline from peak | -15.92% | -3.11% | -12.81% |
Average DrawdownAverage peak-to-trough decline | -6.52% | -7.39% | +0.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.30% | 4.21% | -2.91% |
Volatility
XGVD.DE vs. XAIX.DE - Volatility Comparison
The current volatility for Xtrackers Global Government Bond UCITS ETF EUR hedged (XGVD.DE) is 1.38%, while Xtrackers Artificial Intelligence & Big Data UCITS ETF (XAIX.DE) has a volatility of 8.63%. This indicates that XGVD.DE experiences smaller price fluctuations and is considered to be less risky than XAIX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XGVD.DE | XAIX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.38% | 8.63% | -7.25% |
Volatility (6M)Calculated over the trailing 6-month period | 2.83% | 16.15% | -13.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.47% | 20.43% | -16.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.98% | 20.73% | -15.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.31% | 21.30% | -16.99% |
XGVD.DE vs. XAIX.DE - Expense Ratio Comparison
XGVD.DE has a 0.25% expense ratio, which is lower than XAIX.DE's 0.35% expense ratio.
Dividends
XGVD.DE vs. XAIX.DE - Dividend Comparison
XGVD.DE's dividend yield for the trailing twelve months is around 2.73%, while XAIX.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XAIX.DE Xtrackers Artificial Intelligence & Big Data UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XGVD.DE Xtrackers Global Government Bond UCITS ETF EUR hedged | 2.73% | 2.55% | 2.71% | 1.79% | 2.86% | 1.60% | 1.01% | 0.89% | 0.65% | 0.00% | 0.93% | 0.70% |
Frequently Asked Questions
XGVD.DE and XAIX.DE have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XGVD.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XGVD.DE is cheaper with a 0.25% expense ratio, compared with 0.35% for XAIX.DE.
XGVD.DE is categorized as Global Bonds, while XAIX.DE is Technology Equities. XGVD.DE tracks FTSE World Government Bond - Developed Markets (EUR Hedged), while XAIX.DE tracks Nasdaq Global Artificial Intelligence and Big Data. Their fees differ too: 0.25% for XGVD.DE and 0.35% for XAIX.DE.
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