XJSE.DE vs. XT01.DE
XJSE.DE (Xtrackers II Japan Government Bond UCITS ETF (Acc)) and XT01.DE (Xtrackers US Treasuries Ultrashort Bond UCITS ETF 1C) are both Government Bonds funds from Xtrackers - XJSE.DE tracks the FTSE Japanese Government Bond Index while XT01.DE tracks the FTSE US Treasury Short Duration Index. Both are passively managed. Over the past 5 years, XJSE.DE returned -11.57%/yr vs 4.09%/yr for XT01.DE. At a 0.21 correlation, their price movements are largely independent. XJSE.DE charges 0.15%/yr vs 0.06%/yr for XT01.DE.
Performance
XJSE.DE vs. XT01.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XJSE.DE achieves a -5.80% return, which is significantly lower than XT01.DE's 4.62% return.
XJSE.DE
- 1D
- 0.00%
- 1M
- -0.85%
- 6M
- -4.72%
- YTD
- -5.80%
- 1Y
- -13.84%
- 3Y*
- -11.74%
- 5Y*
- -11.57%
- 10Y*
- -7.08%
XT01.DE
- 1D
- 0.00%
- 1M
- 1.56%
- 6M
- 3.04%
- YTD
- 4.62%
- 1Y
- 5.20%
- 3Y*
- 3.95%
- 5Y*
- 4.09%
- 10Y*
- —
XJSE.DE vs. XT01.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XJSE.DE Xtrackers II Japan Government Bond UCITS ETF (Acc) | -5.80% | -17.53% | -8.95% | -9.72% | -14.55% | -3.16% | -0.81% |
XT01.DE Xtrackers US Treasuries Ultrashort Bond UCITS ETF 1C | 4.62% | -7.30% | 11.24% | 1.44% | 7.11% | 8.43% | -3.74% |
Correlation
The correlation between XJSE.DE and XT01.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 | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Sep 10, 2020 | 0.21 |
The correlation between XJSE.DE and XT01.DE shifts across timeframes, from -0.01 (1 year) to 0.21 (all time), reflecting how their relationship changes across market environments.
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
XJSE.DE vs. XT01.DE — Risk / Return Rank
XJSE.DE
XT01.DE
XJSE.DE vs. XT01.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 Xtrackers US Treasuries Ultrashort Bond UCITS ETF 1C (XT01.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 | XT01.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.38 | ||
| Sortino ratioReturn per unit of downside risk | -3.30 | ||
| Omega ratioGain probability vs. loss probability | 0.76 | 1.16 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | -0.86 | 1.54 | -2.39 |
| Martin ratioReturn relative to average drawdown | -1.35 | 3.67 | -5.02 |
Loading charts...
Drawdowns
XJSE.DE vs. XT01.DE - Drawdown Comparison
The maximum XJSE.DE drawdown since its inception was -55.37%, which is greater than XT01.DE's maximum drawdown of -11.68%. Use the drawdown chart below to compare losses from any high point for XJSE.DE and XT01.DE.
Loading charts...
Drawdown Indicators
| XJSE.DE | XT01.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.37% | -11.68% | -43.69% |
Max Drawdown (1Y)Largest decline over 1 year | -16.11% | -3.40% | -12.71% |
Max Drawdown (3Y)Largest decline over 3 years | -32.71% | -11.68% | -21.03% |
Max Drawdown (5Y)Largest decline over 5 years | -47.64% | -11.68% | -35.96% |
Max Drawdown (10Y)Largest decline over 10 years | -54.16% | — | — |
Current DrawdownCurrent decline from peak | -54.83% | -5.37% | -49.46% |
Average DrawdownAverage peak-to-trough decline | -20.34% | -4.91% | -15.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.25% | 1.43% | +8.82% |
Volatility
XJSE.DE vs. XT01.DE - Volatility Comparison
Xtrackers II Japan Government Bond UCITS ETF (Acc) (XJSE.DE) has a higher volatility of 2.80% compared to Xtrackers US Treasuries Ultrashort Bond UCITS ETF 1C (XT01.DE) at 1.26%. This indicates that XJSE.DE's price experiences larger fluctuations and is considered to be riskier than XT01.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XJSE.DE | XT01.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.80% | 1.26% | +1.54% |
Volatility (6M)Calculated over the trailing 6-month period | 7.28% | 4.20% | +3.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.30% | 5.92% | +3.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.15% | 7.44% | +3.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.88% | 7.27% | +2.61% |
XJSE.DE vs. XT01.DE - Expense Ratio Comparison
XJSE.DE has a 0.15% expense ratio, which is higher than XT01.DE's 0.06% 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. XT01.DE - Dividend Comparison
Neither XJSE.DE nor XT01.DE has paid dividends to shareholders.
Frequently Asked Questions
XJSE.DE and XT01.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, XT01.DE is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XT01.DE is cheaper with a 0.06% expense ratio, compared with 0.15% for XJSE.DE.
XJSE.DE tracks FTSE Japanese Government Bond Index, while XT01.DE tracks FTSE US Treasury Short Duration Index. Their fees differ too: 0.15% for XJSE.DE and 0.06% for XT01.DE.
Find the right allocation for XJSE.DE and XT01.DE
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