XJSE.DE vs. BBLL.DE
XJSE.DE (Xtrackers II Japan Government Bond UCITS ETF (Acc)) and BBLL.DE (JPMorgan BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD (Acc)) are both Government Bonds funds - XJSE.DE tracks the FTSE Japanese Government Bond Index while BBLL.DE tracks the ICE US Treasury 0-1 Year Index. Both are passively managed. Over the past 5 years, XJSE.DE returned -11.28%/yr vs 4.14%/yr for BBLL.DE. At a 0.25 correlation, their price movements are largely independent. XJSE.DE charges 0.15%/yr vs 0.07%/yr for BBLL.DE.
Performance
XJSE.DE vs. BBLL.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XJSE.DE achieves a -5.80% return, which is significantly lower than BBLL.DE's 4.60% return.
XJSE.DE
- 1D
- -0.34%
- 1M
- -0.34%
- 6M
- -5.19%
- YTD
- -5.80%
- 1Y
- -15.95%
- 3Y*
- -11.78%
- 5Y*
- -11.28%
- 10Y*
- -7.50%
BBLL.DE
- 1D
- 0.10%
- 1M
- 1.78%
- 6M
- 4.43%
- YTD
- 4.60%
- 1Y
- 6.79%
- 3Y*
- 2.95%
- 5Y*
- 4.14%
- 10Y*
- —
XJSE.DE vs. BBLL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
XJSE.DE Xtrackers II Japan Government Bond UCITS ETF (Acc) | -5.80% | -17.53% | -8.95% | -9.72% | -14.55% | -3.16% | -4.65% | -1.28% |
BBLL.DE JPMorgan BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD (Acc) | 4.60% | -7.36% | 11.29% | 1.33% | 7.29% | 8.35% | -8.23% | -9.76% |
Correlation
The correlation between XJSE.DE and BBLL.DE is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jul 9, 2019 | 0.25 |
The correlation between XJSE.DE and BBLL.DE shifts across timeframes, from -0.01 (1 year) to 0.25 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XJSE.DE vs. BBLL.DE — Risk / Return Rank
XJSE.DE
BBLL.DE
XJSE.DE vs. BBLL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II Japan Government Bond UCITS ETF (Acc) (XJSE.DE) and JPMorgan BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD (Acc) (BBLL.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XJSE.DE | BBLL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.84 | ||
| Sortino ratioReturn per unit of downside risk | -3.93 | ||
| Omega ratioGain probability vs. loss probability | 0.73 | 1.20 | -0.47 |
| Calmar ratioReturn relative to maximum drawdown | -0.96 | 2.00 | -2.97 |
| Martin ratioReturn relative to average drawdown | -1.49 | 4.74 | -6.23 |
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Drawdowns
XJSE.DE vs. BBLL.DE - Drawdown Comparison
The maximum XJSE.DE drawdown since its inception was -55.06%, which is greater than BBLL.DE's maximum drawdown of -17.24%. Use the drawdown chart below to compare losses from any high point for XJSE.DE and BBLL.DE.
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Drawdown Indicators
| XJSE.DE | BBLL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.06% | -17.24% | -37.82% |
Max Drawdown (1Y)Largest decline over 1 year | -16.50% | -3.38% | -13.12% |
Max Drawdown (3Y)Largest decline over 3 years | -32.72% | -11.65% | -21.07% |
Max Drawdown (5Y)Largest decline over 5 years | -47.28% | -11.65% | -35.63% |
Max Drawdown (10Y)Largest decline over 10 years | -55.06% | — | — |
Current DrawdownCurrent decline from peak | -54.83% | -5.47% | -49.36% |
Average DrawdownAverage peak-to-trough decline | -20.23% | -8.30% | -11.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.02% | 1.43% | +8.59% |
Volatility
XJSE.DE vs. BBLL.DE - Volatility Comparison
Xtrackers II Japan Government Bond UCITS ETF (Acc) (XJSE.DE) has a higher volatility of 1.82% compared to JPMorgan BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD (Acc) (BBLL.DE) at 1.69%. This indicates that XJSE.DE's price experiences larger fluctuations and is considered to be riskier than BBLL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XJSE.DE | BBLL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.82% | 1.69% | +0.13% |
Volatility (6M)Calculated over the trailing 6-month period | 7.12% | 4.30% | +2.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.27% | 6.06% | +3.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.12% | 7.45% | +3.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.92% | 8.27% | +1.65% |
XJSE.DE vs. BBLL.DE - Expense Ratio Comparison
XJSE.DE has a 0.15% expense ratio, which is higher than BBLL.DE's 0.07% 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
XJSE.DE vs. BBLL.DE - Dividend Comparison
Neither XJSE.DE nor BBLL.DE has paid dividends to shareholders.
Frequently Asked Questions
XJSE.DE and BBLL.DE have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BBLL.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BBLL.DE is cheaper with a 0.07% expense ratio, compared with 0.15% for XJSE.DE.
XJSE.DE tracks FTSE Japanese Government Bond Index, while BBLL.DE tracks ICE US Treasury 0-1 Year Index. They also come from different issuers: Xtrackers and JPMorgan. Their fees differ too: 0.15% for XJSE.DE and 0.07% for BBLL.DE.
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