XYP1.DE vs. EL4S.DE
XYP1.DE (Xtrackers Eurozone Government Bond Yield Plus 1-3 UCITS ETF) and EL4S.DE (Deka Deutsche Boerse EUROGOV Germany 1-3 UCITS ETF) are both European Government Bonds funds - XYP1.DE tracks the iBoxx® EUR Sovereigns Eurozone Yield Plus 1-3 while EL4S.DE tracks the Deutsche Börse EUROGOV® Germany 1-3. Both are passively managed. Over the past 10 years, XYP1.DE returned 0.56%/yr vs -0.20%/yr for EL4S.DE. At a 0.49 correlation, their price movements are largely independent. Both charge a 0.15% expense ratio.
Performance
XYP1.DE vs. EL4S.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XYP1.DE achieves a 0.03% return, which is significantly lower than EL4S.DE's 0.11% return. Over the past 10 years, XYP1.DE has outperformed EL4S.DE with an annualized return of 0.56%, while EL4S.DE has yielded a comparatively lower -0.20% annualized return.
XYP1.DE
- 1D
- 0.05%
- 1M
- 0.28%
- YTD
- 0.03%
- 6M
- 0.09%
- 1Y
- 0.77%
- 3Y*
- 2.85%
- 5Y*
- 0.86%
- 10Y*
- 0.56%
EL4S.DE
- 1D
- 0.02%
- 1M
- 0.23%
- YTD
- 0.11%
- 6M
- 0.14%
- 1Y
- 0.60%
- 3Y*
- 2.24%
- 5Y*
- 0.36%
- 10Y*
- -0.20%
XYP1.DE vs. EL4S.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XYP1.DE Xtrackers Eurozone Government Bond Yield Plus 1-3 UCITS ETF | 0.03% | 2.37% | 3.44% | 3.75% | -4.62% | -0.71% | 0.54% | 1.24% | -0.04% | -0.30% |
EL4S.DE Deka Deutsche Boerse EUROGOV Germany 1-3 UCITS ETF | 0.11% | 1.65% | 2.75% | 2.51% | -4.56% | -0.97% | -0.79% | -0.83% | -0.57% | -1.08% |
Correlation
The correlation between XYP1.DE and EL4S.DE is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.81 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Sep 17, 2013 | 0.49 |
Over the past year, XYP1.DE and EL4S.DE have become more correlated (0.70) than their long-term average of 0.49, meaning their price movements have been converging.
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
XYP1.DE vs. EL4S.DE — Risk / Return Rank
XYP1.DE
EL4S.DE
XYP1.DE vs. EL4S.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Eurozone Government Bond Yield Plus 1-3 UCITS ETF (XYP1.DE) and Deka Deutsche Boerse EUROGOV Germany 1-3 UCITS ETF (EL4S.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.
| XYP1.DE | EL4S.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.01 | ||
| Sortino ratioReturn per unit of downside risk | 0.00 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.10 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.55 | 0.58 | -0.03 |
| Martin ratioReturn relative to average drawdown | 1.75 | 1.87 | -0.11 |
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
| XYP1.DE | EL4S.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.56 | 0.54 | +0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.49 | 0.24 | +0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.28 | -0.18 | +0.45 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | -0.30 | +0.76 |
Drawdowns
XYP1.DE vs. EL4S.DE - Drawdown Comparison
The maximum XYP1.DE drawdown since its inception was -5.77%, smaller than the maximum EL4S.DE drawdown of -13.04%. Use the drawdown chart below to compare losses from any high point for XYP1.DE and EL4S.DE.
Loading charts...
Drawdown Indicators
| XYP1.DE | EL4S.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.77% | -13.04% | +7.27% |
Max Drawdown (1Y)Largest decline over 1 year | -1.39% | -1.03% | -0.36% |
Max Drawdown (3Y)Largest decline over 3 years | -1.39% | -1.03% | -0.36% |
Max Drawdown (5Y)Largest decline over 5 years | -5.53% | -5.86% | +0.33% |
Max Drawdown (10Y)Largest decline over 10 years | -5.77% | -9.46% | +3.69% |
Current DrawdownCurrent decline from peak | -0.61% | -6.04% | +5.43% |
Average DrawdownAverage peak-to-trough decline | -0.93% | -5.87% | +4.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.44% | 0.32% | +0.12% |
Volatility
XYP1.DE vs. EL4S.DE - Volatility Comparison
Xtrackers Eurozone Government Bond Yield Plus 1-3 UCITS ETF (XYP1.DE) has a higher volatility of 0.49% compared to Deka Deutsche Boerse EUROGOV Germany 1-3 UCITS ETF (EL4S.DE) at 0.44%. This indicates that XYP1.DE's price experiences larger fluctuations and is considered to be riskier than EL4S.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XYP1.DE | EL4S.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.49% | 0.44% | +0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 1.25% | 0.97% | +0.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.38% | 1.10% | +0.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.75% | 1.46% | +0.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.01% | 1.12% | +0.89% |
XYP1.DE vs. EL4S.DE - Expense Ratio Comparison
Both XYP1.DE and EL4S.DE have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
XYP1.DE vs. EL4S.DE - Dividend Comparison
XYP1.DE has not paid dividends to shareholders, while EL4S.DE's dividend yield for the trailing twelve months is around 1.48%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EL4S.DE Deka Deutsche Boerse EUROGOV Germany 1-3 UCITS ETF | 1.48% | 1.20% | 0.83% | 0.60% | 0.88% | 0.94% | 0.78% | 1.06% | 0.99% | 1.63% | 1.46% | 1.60% |
XYP1.DE Xtrackers Eurozone Government Bond Yield Plus 1-3 UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XYP1.DE and EL4S.DE have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.15% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
XYP1.DE and EL4S.DE have the same expense ratio: 0.15% per year.
XYP1.DE tracks iBoxx® EUR Sovereigns Eurozone Yield Plus 1-3, while EL4S.DE tracks Deutsche Börse EUROGOV® Germany 1-3. They also come from different issuers: Xtrackers and Deka.
Find the right allocation for XYP1.DE and EL4S.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