XYP1.DE vs. VGEA.DE
XYP1.DE (Xtrackers Eurozone Government Bond Yield Plus 1-3 UCITS ETF) and VGEA.DE (Vanguard EUR Eurozone Government Bond UCITS ETF Accumulating) are both European Government Bonds funds - XYP1.DE tracks the iBoxx® EUR Sovereigns Eurozone Yield Plus 1-3 while VGEA.DE tracks the Bloomberg Euro Aggregate Treasury. Both are passively managed. Over the past 5 years, XYP1.DE returned 0.86%/yr vs -2.24%/yr for VGEA.DE. A 0.69 correlation means they provide meaningful diversification when combined. XYP1.DE charges 0.15%/yr vs 0.07%/yr for VGEA.DE.
Performance
XYP1.DE vs. VGEA.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 VGEA.DE's 0.11% 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%
VGEA.DE
- 1D
- 0.06%
- 1M
- 0.60%
- YTD
- 0.11%
- 6M
- 0.00%
- 1Y
- -0.05%
- 3Y*
- 2.38%
- 5Y*
- -2.24%
- 10Y*
- —
XYP1.DE vs. VGEA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
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% | 1.17% |
VGEA.DE Vanguard EUR Eurozone Government Bond UCITS ETF Accumulating | 0.11% | 0.67% | 1.54% | 6.93% | -18.30% | -3.32% | 4.81% | 5.94% |
Correlation
The correlation between XYP1.DE and VGEA.DE is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.83 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Feb 20, 2019 | 0.69 |
The correlation between XYP1.DE and VGEA.DE shifts across timeframes, from 0.69 (all time) to 0.84 (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
XYP1.DE vs. VGEA.DE — Risk / Return Rank
XYP1.DE
VGEA.DE
XYP1.DE vs. VGEA.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 Vanguard EUR Eurozone Government Bond UCITS ETF Accumulating (VGEA.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 | VGEA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.57 | ||
| Sortino ratioReturn per unit of downside risk | +0.78 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.00 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.55 | -0.01 | +0.56 |
| Martin ratioReturn relative to average drawdown | 1.75 | -0.04 | +1.79 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| XYP1.DE | VGEA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.56 | -0.01 | +0.57 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.49 | -0.35 | +0.83 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.28 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | -0.10 | +0.56 |
Drawdowns
XYP1.DE vs. VGEA.DE - Drawdown Comparison
The maximum XYP1.DE drawdown since its inception was -5.77%, smaller than the maximum VGEA.DE drawdown of -22.34%. Use the drawdown chart below to compare losses from any high point for XYP1.DE and VGEA.DE.
Loading charts...
Drawdown Indicators
| XYP1.DE | VGEA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.77% | -22.34% | +16.57% |
Max Drawdown (1Y)Largest decline over 1 year | -1.39% | -3.44% | +2.05% |
Max Drawdown (3Y)Largest decline over 3 years | -1.39% | -4.00% | +2.61% |
Max Drawdown (5Y)Largest decline over 5 years | -5.53% | -21.47% | +15.94% |
Max Drawdown (10Y)Largest decline over 10 years | -5.77% | — | — |
Current DrawdownCurrent decline from peak | -0.61% | -13.91% | +13.30% |
Average DrawdownAverage peak-to-trough decline | -0.93% | -10.30% | +9.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.44% | 1.33% | -0.89% |
Volatility
XYP1.DE vs. VGEA.DE - Volatility Comparison
The current volatility for Xtrackers Eurozone Government Bond Yield Plus 1-3 UCITS ETF (XYP1.DE) is 0.49%, while Vanguard EUR Eurozone Government Bond UCITS ETF Accumulating (VGEA.DE) has a volatility of 1.67%. This indicates that XYP1.DE experiences smaller price fluctuations and is considered to be less risky than VGEA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XYP1.DE | VGEA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.49% | 1.67% | -1.18% |
Volatility (6M)Calculated over the trailing 6-month period | 1.25% | 3.62% | -2.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.38% | 4.33% | -2.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.75% | 6.39% | -4.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.01% | 5.86% | -3.85% |
XYP1.DE vs. VGEA.DE - Expense Ratio Comparison
XYP1.DE has a 0.15% expense ratio, which is higher than VGEA.DE'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%.
Dividends
XYP1.DE vs. VGEA.DE - Dividend Comparison
Neither XYP1.DE nor VGEA.DE has paid dividends to shareholders.
Frequently Asked Questions
XYP1.DE and VGEA.DE have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VGEA.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VGEA.DE is cheaper with a 0.07% expense ratio, compared with 0.15% for XYP1.DE.
XYP1.DE tracks iBoxx® EUR Sovereigns Eurozone Yield Plus 1-3, while VGEA.DE tracks Bloomberg Euro Aggregate Treasury. They also come from different issuers: Xtrackers and Vanguard. Their fees differ too: 0.15% for XYP1.DE and 0.07% for VGEA.DE.
Find the right allocation for XYP1.DE and VGEA.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