XUT3.L vs. BBIL.L
XUT3.L (Xtrackers II US Treasuries 1-3 UCITS ETF 1D) and BBIL.L (JPM BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD Acc) are both exchange-traded funds - XUT3.L is a Government Bonds fund tracking the iBoxx USD Treasuries 1-3 Index, while BBIL.L is a Short-Term Bond fund tracking the ICE BofA 0-1Y US Treasury TR USD. Both are passively managed. Over the past 5 years, XUT3.L returned 1.86%/yr vs 3.35%/yr for BBIL.L. At a 0.17 correlation, their price movements are largely independent. XUT3.L charges 0.06%/yr vs 0.10%/yr for BBIL.L.
Performance
XUT3.L vs. BBIL.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XUT3.L achieves a 0.54% return, which is significantly lower than BBIL.L's 1.43% return.
XUT3.L
- 1D
- 0.10%
- 1M
- 0.12%
- YTD
- 0.54%
- 6M
- 0.93%
- 1Y
- 3.45%
- 3Y*
- 4.17%
- 5Y*
- 1.86%
- 10Y*
- 1.74%
BBIL.L
- 1D
- -0.02%
- 1M
- 0.24%
- YTD
- 1.43%
- 6M
- 1.74%
- 1Y
- 3.90%
- 3Y*
- 4.66%
- 5Y*
- 3.35%
- 10Y*
- —
XUT3.L vs. BBIL.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
XUT3.L Xtrackers II US Treasuries 1-3 UCITS ETF 1D | 0.54% | 5.06% | 4.13% | 4.10% | -3.60% | -0.62% | 2.95% | 1.28% |
BBIL.L JPM BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD Acc | 1.43% | 4.31% | 5.16% | 4.90% | 1.08% | -0.03% | 0.75% | 0.92% |
Correlation
The correlation between XUT3.L and BBIL.L is 0.02, 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 | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jul 17, 2019 | 0.17 |
The correlation between XUT3.L and BBIL.L shifts across timeframes, from 0.02 (1 year) to 0.19 (5 years), 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
XUT3.L vs. BBIL.L — Risk / Return Rank
XUT3.L
BBIL.L
XUT3.L vs. BBIL.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II US Treasuries 1-3 UCITS ETF 1D (XUT3.L) and JPM BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD Acc (BBIL.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.
| XUT3.L | BBIL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -6.34 | ||
| Sortino ratioReturn per unit of downside risk | -15.96 | ||
| Omega ratioGain probability vs. loss probability | 1.67 | 4.45 | -2.78 |
| Calmar ratioReturn relative to maximum drawdown | 5.10 | 53.35 | -48.25 |
| Martin ratioReturn relative to average drawdown | 20.02 | 278.46 | -258.45 |
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
| XUT3.L | BBIL.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.06 | 9.40 | -6.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.98 | 8.68 | -7.70 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.16 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.14 | 7.40 | -6.27 |
Drawdowns
XUT3.L vs. BBIL.L - Drawdown Comparison
The maximum XUT3.L drawdown since its inception was -5.45%, which is greater than BBIL.L's maximum drawdown of -0.29%. Use the drawdown chart below to compare losses from any high point for XUT3.L and BBIL.L.
Loading charts...
Drawdown Indicators
| XUT3.L | BBIL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.45% | -0.29% | -5.16% |
Max Drawdown (1Y)Largest decline over 1 year | -0.67% | -0.07% | -0.60% |
Max Drawdown (3Y)Largest decline over 3 years | -0.91% | -0.10% | -0.81% |
Max Drawdown (5Y)Largest decline over 5 years | -5.45% | -0.24% | -5.21% |
Max Drawdown (10Y)Largest decline over 10 years | -5.45% | — | — |
Current DrawdownCurrent decline from peak | -0.12% | -0.02% | -0.10% |
Average DrawdownAverage peak-to-trough decline | -0.72% | -0.03% | -0.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.17% | 0.01% | +0.16% |
Volatility
XUT3.L vs. BBIL.L - Volatility Comparison
Xtrackers II US Treasuries 1-3 UCITS ETF 1D (XUT3.L) has a higher volatility of 0.41% compared to JPM BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD Acc (BBIL.L) at 0.14%. This indicates that XUT3.L's price experiences larger fluctuations and is considered to be riskier than BBIL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XUT3.L | BBIL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.41% | 0.14% | +0.27% |
Volatility (6M)Calculated over the trailing 6-month period | 0.80% | 0.32% | +0.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.13% | 0.42% | +0.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.90% | 0.39% | +1.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.50% | 0.36% | +1.14% |
XUT3.L vs. BBIL.L - Expense Ratio Comparison
XUT3.L has a 0.06% expense ratio, which is lower than BBIL.L's 0.10% 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
XUT3.L vs. BBIL.L - Dividend Comparison
XUT3.L's dividend yield for the trailing twelve months is around 2.84%, while BBIL.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
BBIL.L JPM BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XUT3.L Xtrackers II US Treasuries 1-3 UCITS ETF 1D | 2.84% | 2.70% | 2.35% | 1.80% | 1.00% | 2.89% | 2.43% | 1.16% | 1.00% | 0.69% |
Frequently Asked Questions
XUT3.L and BBIL.L have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XUT3.L is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XUT3.L is cheaper with a 0.06% expense ratio, compared with 0.10% for BBIL.L.
XUT3.L is categorized as Government Bonds, while BBIL.L is Short-Term Bond. XUT3.L tracks iBoxx USD Treasuries 1-3 Index, while BBIL.L tracks ICE BofA 0-1Y US Treasury TR USD. They also come from different issuers: Xtrackers and J.P. Morgan. Their fees differ too: 0.06% for XUT3.L and 0.10% for BBIL.L.
Find the right allocation for XUT3.L and BBIL.L
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