XZBU.DE vs. FVUI.DE

Last updated Jun 5, 2026

XZBU.DE (Xtrackers USD Corporate Bond SRI PAB UCITS ETF 1C) and FVUI.DE (Franklin USD Investment Grade Corporate Bond UCITS ETF) are both Corporate Bonds funds - XZBU.DE tracks the Bloomberg US Corp Bond TR USD while FVUI.DE tracks the Franklin USD Investment Grade Corporate Bond. Both are passively managed. Over the past 5 years, XZBU.DE returned 0.68%/yr vs 0.97%/yr for FVUI.DE. A 0.62 correlation means they provide meaningful diversification when combined. XZBU.DE charges 0.16%/yr vs 0.35%/yr for FVUI.DE.

Performance

XZBU.DE vs. FVUI.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers USD Corporate Bond SRI PAB UCITS ETF 1C (XZBU.DE) and Franklin USD Investment Grade Corporate Bond UCITS ETF (FVUI.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with XZBU.DE having a 1.33% return and FVUI.DE slightly lower at 1.32%.

XZBU.DE

• 1D: 0.15%
• 1M: 1.09%
• YTD: 1.33%
• 6M: 0.54%
• 1Y: 3.92%
• 3Y*: 2.09%
• 5Y*: 0.68%
• 10Y*: —

FVUI.DE

• 1D: 0.08%
• 1M: 1.16%
• YTD: 1.32%
• 6M: 0.52%
• 1Y: 3.14%
• 3Y*: 1.75%
• 5Y*: 0.97%
• 10Y*: —

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

XZBU.DE vs. FVUI.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
XZBU.DE Xtrackers USD Corporate Bond SRI PAB UCITS ETF 1C	1.33%	-3.98%	6.63%	5.34%	-13.42%	6.21%	-1.19%
FVUI.DE Franklin USD Investment Grade Corporate Bond UCITS ETF	1.32%	-4.78%	7.37%	2.60%	-8.69%	4.81%	-0.54%

Correlation

The correlation between XZBU.DE and FVUI.DE is 0.90, 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	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.68
Correlation (All Time) Calculated using the full available price history since Sep 10, 2020	0.62

Over the past year, XZBU.DE and FVUI.DE have become more correlated (0.90) than their long-term average of 0.62, meaning their price movements have been converging.

Return for Risk

XZBU.DE vs. FVUI.DE — Risk / Return Rank

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

XZBU.DE

XZBU.DE Risk / Return Rank: 19
XZBU.DE Sharpe Ratio Rank: 18
XZBU.DE Sortino Ratio Rank: 17
XZBU.DE Omega Ratio Rank: 17
XZBU.DE Calmar Ratio Rank: 21
XZBU.DE Martin Ratio Rank: 20

FVUI.DE

FVUI.DE Risk / Return Rank: 17
FVUI.DE Sharpe Ratio Rank: 16
FVUI.DE Sortino Ratio Rank: 15
FVUI.DE Omega Ratio Rank: 15
FVUI.DE Calmar Ratio Rank: 19
FVUI.DE Martin Ratio Rank: 18

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.

XZBU.DE vs. FVUI.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers USD Corporate Bond SRI PAB UCITS ETF 1C (XZBU.DE) and Franklin USD Investment Grade Corporate Bond UCITS ETF (FVUI.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.

	XZBU.DE	FVUI.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.55	0.45	+0.09
Sortino ratio: Return per unit of downside risk	0.83	0.70	+0.13
Omega ratio: Gain probability vs. loss probability	1.10	1.08	+0.02
Calmar ratio: Return relative to maximum drawdown	0.91	0.78	+0.13
Martin ratio: Return relative to average drawdown	2.28	1.84	+0.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XZBU.DE vs. FVUI.DE - Sharpe Ratio Comparison

The current XZBU.DE Sharpe Ratio is 0.55, which is comparable to the FVUI.DE Sharpe Ratio of 0.45. The chart below compares the historical Sharpe Ratios of XZBU.DE and FVUI.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XZBU.DE	FVUI.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.55	0.45	+0.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.07	0.13	-0.06
Sharpe Ratio (All Time) Calculated using the full available price history	-0.01	0.27	-0.29

Drawdowns

XZBU.DE vs. FVUI.DE - Drawdown Comparison

The maximum XZBU.DE drawdown since its inception was -17.79%, which is greater than FVUI.DE's maximum drawdown of -16.78%. Use the drawdown chart below to compare losses from any high point for XZBU.DE and FVUI.DE.

Drawdown Indicators

	XZBU.DE	FVUI.DE	Difference
Max Drawdown Largest peak-to-trough decline	-17.79%	-16.78%	-1.01%
Max Drawdown (1Y) Largest decline over 1 year	-3.73%	-3.55%	-0.18%
Max Drawdown (3Y) Largest decline over 3 years	-12.28%	-11.53%	-0.75%
Max Drawdown (5Y) Largest decline over 5 years	-17.79%	-13.77%	-4.02%
Current Drawdown Current decline from peak	-6.99%	-6.12%	-0.87%
Average Drawdown Average peak-to-trough decline	-7.99%	-6.88%	-1.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.48%	1.51%	-0.03%

Volatility

XZBU.DE vs. FVUI.DE - Volatility Comparison

The current volatility for Xtrackers USD Corporate Bond SRI PAB UCITS ETF 1C (XZBU.DE) is 1.25%, while Franklin USD Investment Grade Corporate Bond UCITS ETF (FVUI.DE) has a volatility of 1.38%. This indicates that XZBU.DE experiences smaller price fluctuations and is considered to be less risky than FVUI.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XZBU.DE	FVUI.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.25%	1.38%	-0.13%
Volatility (6M) Calculated over the trailing 6-month period	4.28%	4.44%	-0.16%
Volatility (1Y) Calculated over the trailing 1-year period	6.18%	6.12%	+0.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.15%	9.35%	-0.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.95%	12.95%	-4.00%

XZBU.DE vs. FVUI.DE - Expense Ratio Comparison

XZBU.DE has a 0.16% expense ratio, which is lower than FVUI.DE's 0.35% expense ratio.

Dividends

XZBU.DE vs. FVUI.DE - Dividend Comparison

XZBU.DE has not paid dividends to shareholders, while FVUI.DE's dividend yield for the trailing twelve months is around 3.48%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
FVUI.DE Franklin USD Investment Grade Corporate Bond UCITS ETF	3.48%	3.53%	3.94%	3.22%	2.63%	1.81%	2.06%	2.99%	1.40%
XZBU.DE Xtrackers USD Corporate Bond SRI PAB UCITS ETF 1C	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XZBU.DE and FVUI.DE in my portfolio?

XZBU.DE and FVUI.DE have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XZBU.DE or FVUI.DE?

On fees, XZBU.DE is cheaper at 0.16% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XZBU.DE or FVUI.DE?

XZBU.DE is cheaper with a 0.16% expense ratio, compared with 0.35% for FVUI.DE.

What is the main difference between XZBU.DE and FVUI.DE?

XZBU.DE tracks Bloomberg US Corp Bond TR USD, while FVUI.DE tracks Franklin USD Investment Grade Corporate Bond. They also come from different issuers: Xtrackers and Franklin Templeton. Their fees differ too: 0.16% for XZBU.DE and 0.35% for FVUI.DE.