XYP1.DE vs. IBTA.L

Last updated Apr 2, 2026

Compare and contrast key facts about Xtrackers Eurozone Government Bond Yield Plus 1-3 UCITS ETF (XYP1.DE) and iShares USD Treasury Bond 1-3yr UCITS ETF (Acc) (IBTA.L).

XYP1.DE and IBTA.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XYP1.DE is a passively managed fund by Xtrackers that tracks the performance of the iBoxx® EUR Sovereigns Eurozone Yield Plus 1-3. It was launched on Aug 14, 2013. IBTA.L is a passively managed fund by iShares that tracks the performance of the Bloomberg US Government TR USD. It was launched on Apr 13, 2017. Both XYP1.DE and IBTA.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

XYP1.DE vs. IBTA.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers Eurozone Government Bond Yield Plus 1-3 UCITS ETF (XYP1.DE) and iShares USD Treasury Bond 1-3yr UCITS ETF (Acc) (IBTA.L). The values are adjusted to include any dividend payments, if applicable.

XYP1.DE vs. IBTA.L - 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	-0.45%	2.37%	3.44%	3.75%	-4.62%	-0.71%	0.54%	1.24%	-0.04%	0.08%
IBTA.L iShares USD Treasury Bond 1-3yr UCITS ETF (Acc)	1.98%	-7.19%	10.99%	1.03%	2.21%	6.80%	-5.36%	5.92%	6.20%	-11.59%

Different Trading Currencies

XYP1.DE is traded in EUR, while IBTA.L is traded in USD. To make them comparable, the IBTA.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, XYP1.DE achieves a -0.45% return, which is significantly lower than IBTA.L's 1.98% return.

XYP1.DE

• 1D: 0.08%
• 1M: -0.94%
• YTD: -0.45%
• 6M: -0.05%
• 1Y: 1.09%
• 3Y*: 2.74%
• 5Y*: 0.74%
• 10Y*: 0.52%

IBTA.L

• 1D: 0.40%
• 1M: 0.40%
• YTD: 1.98%
• 6M: 2.92%
• 1Y: -2.61%
• 3Y*: 2.06%
• 5Y*: 2.25%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

XYP1.DE vs. IBTA.L - Expense Ratio Comparison

XYP1.DE has a 0.15% expense ratio, which is higher than IBTA.L's 0.07% 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%.

XYP1.DE

Xtrackers Eurozone Government Bond Yield Plus 1-3 UCITS ETF

IBTA.L

iShares USD Treasury Bond 1-3yr UCITS ETF (Acc)

Return for Risk

XYP1.DE vs. IBTA.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XYP1.DE

XYP1.DE Risk / Return Rank: 39
XYP1.DE Sharpe Ratio Rank: 47
XYP1.DE Sortino Ratio Rank: 40
XYP1.DE Omega Ratio Rank: 45
XYP1.DE Calmar Ratio Rank: 29
XYP1.DE Martin Ratio Rank: 36

IBTA.L

IBTA.L Risk / Return Rank: 96
IBTA.L Sharpe Ratio Rank: 96
IBTA.L Sortino Ratio Rank: 98
IBTA.L Omega Ratio Rank: 97
IBTA.L Calmar Ratio Rank: 95
IBTA.L Martin Ratio Rank: 93

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XYP1.DE vs. IBTA.L - 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 iShares USD Treasury Bond 1-3yr UCITS ETF (Acc) (IBTA.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.

	XYP1.DE	IBTA.L	Difference
Sharpe ratio Return per unit of total volatility	0.91	-0.35	+1.26
Sortino ratio Return per unit of downside risk	1.20	-0.42	+1.61
Omega ratio Gain probability vs. loss probability	1.18	0.95	+0.24
Calmar ratio Return relative to maximum drawdown	0.79	-0.13	+0.92
Martin ratio Return relative to average drawdown	3.66	-0.21	+3.87
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XYP1.DE vs. IBTA.L - Sharpe Ratio Comparison

The current XYP1.DE Sharpe Ratio is 0.91, which is higher than the IBTA.L Sharpe Ratio of -0.35. The chart below compares the historical Sharpe Ratios of XYP1.DE and IBTA.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	XYP1.DE	IBTA.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.91	-0.35	+1.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.43	0.30	+0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.26	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.13	+0.31

Correlation

The correlation between XYP1.DE and IBTA.L is 0.05, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

XYP1.DE vs. IBTA.L - Dividend Comparison

Neither XYP1.DE nor IBTA.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

XYP1.DE vs. IBTA.L - Drawdown Comparison

The maximum XYP1.DE drawdown since its inception was -5.77%, smaller than the maximum IBTA.L drawdown of -15.49%. Use the drawdown chart below to compare losses from any high point for XYP1.DE and IBTA.L.

Drawdown Indicators

	XYP1.DE	IBTA.L	Difference
Max Drawdown Largest peak-to-trough decline	-5.77%	-5.80%	+0.03%
Max Drawdown (1Y) Largest decline over 1 year	-1.39%	-0.74%	-0.65%
Max Drawdown (5Y) Largest decline over 5 years	-5.53%	-5.70%	+0.17%
Max Drawdown (10Y) Largest decline over 10 years	-5.77%	—	—
Current Drawdown Current decline from peak	-1.09%	-0.42%	-0.67%
Average Drawdown Average peak-to-trough decline	-0.93%	-0.98%	+0.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.30%	0.23%	+0.07%

Volatility

XYP1.DE vs. IBTA.L - Volatility Comparison

The current volatility for Xtrackers Eurozone Government Bond Yield Plus 1-3 UCITS ETF (XYP1.DE) is 0.79%, while iShares USD Treasury Bond 1-3yr UCITS ETF (Acc) (IBTA.L) has a volatility of 2.15%. This indicates that XYP1.DE experiences smaller price fluctuations and is considered to be less risky than IBTA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XYP1.DE	IBTA.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.79%	2.15%	-1.36%
Volatility (6M) Calculated over the trailing 6-month period	0.97%	4.17%	-3.20%
Volatility (1Y) Calculated over the trailing 1-year period	1.19%	7.36%	-6.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.71%	7.47%	-5.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.00%	7.25%	-5.25%