XT01.DE vs. MDBU.DE
XT01.DE (Xtrackers US Treasuries Ultrashort Bond UCITS ETF 1C) and MDBU.DE (UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) A-dis) are both Government Bonds funds - XT01.DE tracks the FTSE US Treasury Short Duration Index while MDBU.DE tracks the Solactive Global Multilateral Development Bank Bond USD 25% Issuer Capped Index. Both are passively managed. Over the past 5 years, XT01.DE returned 4.31%/yr vs 1.69%/yr for MDBU.DE. Their correlation of 0.90 suggests significant overlap in exposure. XT01.DE charges 0.06%/yr vs 0.18%/yr for MDBU.DE.
Performance
XT01.DE vs. MDBU.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XT01.DE achieves a 2.61% return, which is significantly higher than MDBU.DE's 1.02% return.
XT01.DE
- 1D
- -0.08%
- 1M
- 0.98%
- YTD
- 2.61%
- 6M
- 2.04%
- 1Y
- 2.13%
- 3Y*
- 1.88%
- 5Y*
- 4.31%
- 10Y*
- —
MDBU.DE
- 1D
- 0.09%
- 1M
- 0.78%
- YTD
- 1.02%
- 6M
- 0.39%
- 1Y
- 1.13%
- 3Y*
- 0.83%
- 5Y*
- 1.69%
- 10Y*
- —
XT01.DE vs. MDBU.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XT01.DE Xtrackers US Treasuries Ultrashort Bond UCITS ETF 1C | 2.61% | -7.30% | 11.24% | 1.44% | 7.11% | 8.43% | -3.76% |
MDBU.DE UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) A-dis | 1.02% | -5.52% | 8.42% | 0.69% | -1.90% | 6.58% | -3.90% |
Correlation
The correlation between XT01.DE and MDBU.DE is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.92 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.89 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Sep 10, 2020 | 0.90 |
The correlation between XT01.DE and MDBU.DE has been stable across timeframes, ranging from 0.89 to 0.92 - a consistent structural relationship.
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
XT01.DE vs. MDBU.DE — Risk / Return Rank
XT01.DE
MDBU.DE
XT01.DE vs. MDBU.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers US Treasuries Ultrashort Bond UCITS ETF 1C (XT01.DE) and UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) A-dis (MDBU.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.
| XT01.DE | MDBU.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.14 | ||
| Sortino ratioReturn per unit of downside risk | +0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.04 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.63 | 0.30 | +0.33 |
| Martin ratioReturn relative to average drawdown | 1.33 | 0.72 | +0.61 |
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
| XT01.DE | MDBU.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.35 | 0.21 | +0.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.57 | 0.23 | +0.34 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.22 | +0.22 |
Drawdowns
XT01.DE vs. MDBU.DE - Drawdown Comparison
The maximum XT01.DE drawdown since its inception was -11.68%, smaller than the maximum MDBU.DE drawdown of -12.38%. Use the drawdown chart below to compare losses from any high point for XT01.DE and MDBU.DE.
Loading charts...
Drawdown Indicators
| XT01.DE | MDBU.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.68% | -12.38% | +0.70% |
Max Drawdown (1Y)Largest decline over 1 year | -3.40% | -3.81% | +0.41% |
Max Drawdown (3Y)Largest decline over 3 years | -11.68% | -10.06% | -1.62% |
Max Drawdown (5Y)Largest decline over 5 years | -11.68% | -12.09% | +0.41% |
Current DrawdownCurrent decline from peak | -7.19% | -6.60% | -0.59% |
Average DrawdownAverage peak-to-trough decline | -4.90% | -5.71% | +0.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.60% | 1.57% | +0.03% |
Volatility
XT01.DE vs. MDBU.DE - Volatility Comparison
Xtrackers US Treasuries Ultrashort Bond UCITS ETF 1C (XT01.DE) has a higher volatility of 1.25% compared to UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) A-dis (MDBU.DE) at 0.90%. This indicates that XT01.DE's price experiences larger fluctuations and is considered to be riskier than MDBU.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XT01.DE | MDBU.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.25% | 0.90% | +0.35% |
Volatility (6M)Calculated over the trailing 6-month period | 4.02% | 3.83% | +0.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.04% | 5.40% | +0.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.44% | 7.21% | +0.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.26% | 6.88% | +0.38% |
XT01.DE vs. MDBU.DE - Expense Ratio Comparison
XT01.DE has a 0.06% expense ratio, which is lower than MDBU.DE's 0.18% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XT01.DE vs. MDBU.DE - Dividend Comparison
XT01.DE has not paid dividends to shareholders, while MDBU.DE's dividend yield for the trailing twelve months is around 2.66%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
MDBU.DE UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) A-dis | 2.66% | 3.79% | 1.92% | 1.75% | 0.75% | 0.59% | 1.58% | 1.40% |
XT01.DE Xtrackers US Treasuries Ultrashort Bond UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.92, XT01.DE and MDBU.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
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 0.18% for MDBU.DE.
XT01.DE tracks FTSE US Treasury Short Duration Index, while MDBU.DE tracks Solactive Global Multilateral Development Bank Bond USD 25% Issuer Capped Index. They also come from different issuers: Xtrackers and UBS. Their fees differ too: 0.06% for XT01.DE and 0.18% for MDBU.DE.
Find the right allocation for XT01.DE and MDBU.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