XUFB.L vs. XGLE.L
XUFB.L (Xtrackers MSCI USA Banks UCITS ETF 1D) and XGLE.L (Xtrackers Eurozone Government Bond UCITS ETF 1C) are both exchange-traded funds - XUFB.L is a Financials Equities fund tracking the MSCI World/Financials NR USD, while XGLE.L is a European Government Bonds fund tracking the Bloomberg Euro Agg Govt TR EUR. Both are passively managed. Over the past 5 years, XUFB.L returned 10.89%/yr vs -2.15%/yr for XGLE.L. At a correlation of -0.07, they often move in opposite directions. XUFB.L charges 0.12%/yr vs 0.15%/yr for XGLE.L.
Performance
XUFB.L vs. XGLE.L - Performance Comparison
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Different Trading Currencies
XUFB.L is traded in GBp, while XGLE.L is traded in EUR. To make them comparable, the XGLE.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, XUFB.L achieves a -0.52% return, which is significantly higher than XGLE.L's -0.67% return.
XUFB.L
- 1D
- 4.38%
- 1M
- 2.37%
- YTD
- -0.52%
- 6M
- 2.50%
- 1Y
- 27.56%
- 3Y*
- 27.41%
- 5Y*
- 10.89%
- 10Y*
- —
XGLE.L
- 1D
- 0.19%
- 1M
- 0.83%
- YTD
- -0.67%
- 6M
- -0.96%
- 1Y
- 2.65%
- 3Y*
- 2.50%
- 5Y*
- -2.15%
- 10Y*
- 0.62%
XUFB.L vs. XGLE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
XUFB.L Xtrackers MSCI USA Banks UCITS ETF 1D | -0.52% | 23.40% | 40.02% | 5.21% | -10.18% | 37.53% | -18.78% | 35.43% | -8.04% |
XGLE.L Xtrackers Eurozone Government Bond UCITS ETF 1C | -0.67% | 5.95% | -2.94% | 4.66% | -14.01% | -9.34% | 10.68% | 0.57% | 0.87% |
Correlation
The correlation between XUFB.L and XGLE.L is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.04 |
Correlation (All Time) Calculated using the full available price history since Dec 10, 2018 | -0.07 |
The correlation between XUFB.L and XGLE.L shifts across timeframes, from -0.07 (all time) to 0.11 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
XUFB.L vs. XGLE.L — Risk / Return Rank
XUFB.L
XGLE.L
XUFB.L vs. XGLE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI USA Banks UCITS ETF 1D (XUFB.L) and Xtrackers Eurozone Government Bond UCITS ETF 1C (XGLE.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.
| XUFB.L | XGLE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.89 | ||
| Sortino ratioReturn per unit of downside risk | +1.17 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.08 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.92 | 0.58 | +1.33 |
| Martin ratioReturn relative to average drawdown | 5.08 | 1.30 | +3.79 |
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
| XUFB.L | XGLE.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.36 | 0.47 | +0.89 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | -0.29 | +0.74 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.07 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.24 | +0.20 |
Drawdowns
XUFB.L vs. XGLE.L - Drawdown Comparison
The maximum XUFB.L drawdown since its inception was -41.84%, which is greater than XGLE.L's maximum drawdown of -26.78%. Use the drawdown chart below to compare losses from any high point for XUFB.L and XGLE.L.
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Drawdown Indicators
| XUFB.L | XGLE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.84% | -26.78% | -15.06% |
Max Drawdown (1Y)Largest decline over 1 year | -14.33% | -4.53% | -9.80% |
Max Drawdown (3Y)Largest decline over 3 years | -27.91% | -6.20% | -21.71% |
Max Drawdown (5Y)Largest decline over 5 years | -34.18% | -20.99% | -13.19% |
Max Drawdown (10Y)Largest decline over 10 years | — | -26.78% | — |
Current DrawdownCurrent decline from peak | -3.68% | -18.89% | +15.21% |
Average DrawdownAverage peak-to-trough decline | -12.33% | -10.13% | -2.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.41% | 2.04% | +3.37% |
Volatility
XUFB.L vs. XGLE.L - Volatility Comparison
Xtrackers MSCI USA Banks UCITS ETF 1D (XUFB.L) has a higher volatility of 6.55% compared to Xtrackers Eurozone Government Bond UCITS ETF 1C (XGLE.L) at 2.02%. This indicates that XUFB.L's price experiences larger fluctuations and is considered to be riskier than XGLE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XUFB.L | XGLE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.55% | 2.02% | +4.53% |
Volatility (6M)Calculated over the trailing 6-month period | 15.77% | 4.33% | +11.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.12% | 5.58% | +14.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.14% | 7.50% | +16.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.85% | 8.54% | +20.31% |
XUFB.L vs. XGLE.L - Expense Ratio Comparison
XUFB.L has a 0.12% expense ratio, which is lower than XGLE.L's 0.15% 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
XUFB.L vs. XGLE.L - Dividend Comparison
XUFB.L's dividend yield for the trailing twelve months is around 1.76%, while XGLE.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
XGLE.L Xtrackers Eurozone Government Bond UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XUFB.L Xtrackers MSCI USA Banks UCITS ETF 1D | 1.76% | 1.71% | 1.92% | 2.54% | 3.43% | 1.76% |
Frequently Asked Questions
XUFB.L and XGLE.L have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XUFB.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XUFB.L is cheaper with a 0.12% expense ratio, compared with 0.15% for XGLE.L.
XUFB.L is categorized as Financials Equities, while XGLE.L is European Government Bonds. XUFB.L tracks MSCI World/Financials NR USD, while XGLE.L tracks Bloomberg Euro Agg Govt TR EUR. Their fees differ too: 0.12% for XUFB.L and 0.15% for XGLE.L.
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