XYP1.DE vs. PPFB.DE
XYP1.DE (Xtrackers Eurozone Government Bond Yield Plus 1-3 UCITS ETF) and PPFB.DE (iShares Physical Gold ETC) are both exchange-traded funds - XYP1.DE is a European Government Bonds fund tracking the iBoxx® EUR Sovereigns Eurozone Yield Plus 1-3, while PPFB.DE is a Precious Metals fund tracking the Gold. Both are passively managed. Over the past 3 years, XYP1.DE returned 2.81%/yr vs 28.05%/yr for PPFB.DE. At a 0.27 correlation, their price movements are largely independent. XYP1.DE charges 0.15%/yr vs 0.12%/yr for PPFB.DE.
Performance
XYP1.DE vs. PPFB.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XYP1.DE achieves a -0.03% return, which is significantly lower than PPFB.DE's 2.74% return.
XYP1.DE
- 1D
- 0.03%
- 1M
- 0.01%
- YTD
- -0.03%
- 6M
- 0.19%
- 1Y
- 0.84%
- 3Y*
- 2.81%
- 5Y*
- 0.84%
- 10Y*
- 0.56%
PPFB.DE
- 1D
- 0.61%
- 1M
- -3.85%
- YTD
- 2.74%
- 6M
- 6.61%
- 1Y
- 31.41%
- 3Y*
- 28.05%
- 5Y*
- —
- 10Y*
- —
XYP1.DE vs. PPFB.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XYP1.DE Xtrackers Eurozone Government Bond Yield Plus 1-3 UCITS ETF | -0.03% | 2.36% | 3.44% | 3.76% | -4.63% | -0.39% |
PPFB.DE iShares Physical Gold ETC | 2.74% | 49.11% | 34.17% | 9.42% | 7.03% | 2.86% |
Correlation
The correlation between XYP1.DE and PPFB.DE is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2021 | 0.27 |
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Return for Risk
XYP1.DE vs. PPFB.DE — Risk / Return Rank
XYP1.DE
PPFB.DE
XYP1.DE vs. PPFB.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 iShares Physical Gold ETC (PPFB.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 | PPFB.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.69 | ||
| Sortino ratioReturn per unit of downside risk | -0.87 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.26 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.60 | 1.81 | -1.21 |
| Martin ratioReturn relative to average drawdown | 1.87 | 4.60 | -2.73 |
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
| XYP1.DE | PPFB.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.61 | 1.30 | -0.69 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.47 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.27 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 1.26 | -0.81 |
Drawdowns
XYP1.DE vs. PPFB.DE - Drawdown Comparison
The maximum XYP1.DE drawdown since its inception was -5.77%, smaller than the maximum PPFB.DE drawdown of -16.60%. Use the drawdown chart below to compare losses from any high point for XYP1.DE and PPFB.DE.
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Drawdown Indicators
| XYP1.DE | PPFB.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.77% | -16.60% | +10.83% |
Max Drawdown (1Y)Largest decline over 1 year | -1.39% | -16.60% | +15.21% |
Max Drawdown (3Y)Largest decline over 3 years | -1.39% | -16.60% | +15.21% |
Max Drawdown (5Y)Largest decline over 5 years | -5.53% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -5.77% | — | — |
Current DrawdownCurrent decline from peak | -0.68% | -15.00% | +14.32% |
Average DrawdownAverage peak-to-trough decline | -0.92% | -4.40% | +3.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.45% | 6.55% | -6.10% |
Volatility
XYP1.DE vs. PPFB.DE - Volatility Comparison
The current volatility for Xtrackers Eurozone Government Bond Yield Plus 1-3 UCITS ETF (XYP1.DE) is 0.48%, while iShares Physical Gold ETC (PPFB.DE) has a volatility of 5.11%. This indicates that XYP1.DE experiences smaller price fluctuations and is considered to be less risky than PPFB.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XYP1.DE | PPFB.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.48% | 5.11% | -4.63% |
Volatility (6M)Calculated over the trailing 6-month period | 1.26% | 20.18% | -18.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.37% | 23.12% | -21.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.75% | 16.13% | -14.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.01% | 16.13% | -14.12% |
XYP1.DE vs. PPFB.DE - Expense Ratio Comparison
XYP1.DE has a 0.15% expense ratio, which is higher than PPFB.DE's 0.12% 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%.
Dividends
XYP1.DE vs. PPFB.DE - Dividend Comparison
Neither XYP1.DE nor PPFB.DE has paid dividends to shareholders.
Frequently Asked Questions
XYP1.DE and PPFB.DE have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PPFB.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PPFB.DE is cheaper with a 0.12% expense ratio, compared with 0.15% for XYP1.DE.
XYP1.DE is categorized as European Government Bonds, while PPFB.DE is Precious Metals. XYP1.DE tracks iBoxx® EUR Sovereigns Eurozone Yield Plus 1-3, while PPFB.DE tracks Gold. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.15% for XYP1.DE and 0.12% for PPFB.DE.
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