XZE5.DE vs. 4UBF.DE
XZE5.DE (Xtrackers II EUR Corporate Bond Short Duration SRI PAB UCITS ETF 1C) and 4UBF.DE (UBS ETF (LU) Bloomberg MSCI Euro Area Liquid Corporates Sustainable UCITS ETF (EUR) Acc) are both European Corporate Bonds funds - XZE5.DE tracks the Bloomberg Euro Corp TR EUR while 4UBF.DE tracks the Bloomberg MSCI Euro Area Liquid Corporates Sustainable. Both are passively managed. Over the past 5 years, XZE5.DE returned 1.16%/yr vs -0.09%/yr for 4UBF.DE. Their correlation of 0.82 suggests significant overlap in exposure. XZE5.DE charges 0.16%/yr vs 0.13%/yr for 4UBF.DE.
Performance
XZE5.DE vs. 4UBF.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XZE5.DE achieves a 0.85% return, which is significantly lower than 4UBF.DE's 1.38% return.
XZE5.DE
- 1D
- 0.00%
- 1M
- 0.38%
- YTD
- 0.85%
- 6M
- 0.88%
- 1Y
- 1.96%
- 3Y*
- 4.07%
- 5Y*
- 1.16%
- 10Y*
- —
4UBF.DE
- 1D
- 0.00%
- 1M
- 0.56%
- YTD
- 1.38%
- 6M
- 1.46%
- 1Y
- 2.46%
- 3Y*
- 5.09%
- 5Y*
- -0.09%
- 10Y*
- —
XZE5.DE vs. 4UBF.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XZE5.DE Xtrackers II EUR Corporate Bond Short Duration SRI PAB UCITS ETF 1C | 0.85% | 3.08% | 4.10% | 5.27% | -6.80% | -0.33% |
4UBF.DE UBS ETF (LU) Bloomberg MSCI Euro Area Liquid Corporates Sustainable UCITS ETF (EUR) Acc | 1.38% | 3.23% | 4.51% | 8.22% | -15.67% | -0.31% |
Correlation
The correlation between XZE5.DE and 4UBF.DE is 0.66, 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 | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Apr 19, 2021 | 0.82 |
The correlation between XZE5.DE and 4UBF.DE shifts across timeframes, from 0.66 (1 year) to 0.82 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
XZE5.DE vs. 4UBF.DE — Risk / Return Rank
XZE5.DE
4UBF.DE
XZE5.DE vs. 4UBF.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II EUR Corporate Bond Short Duration SRI PAB UCITS ETF 1C (XZE5.DE) and UBS ETF (LU) Bloomberg MSCI Euro Area Liquid Corporates Sustainable UCITS ETF (EUR) Acc (4UBF.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XZE5.DE | 4UBF.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.34 | ||
| Sortino ratioReturn per unit of downside risk | +0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.12 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.19 | 0.86 | +0.33 |
| Martin ratioReturn relative to average drawdown | 4.23 | 2.79 | +1.44 |
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Drawdowns
XZE5.DE vs. 4UBF.DE - Drawdown Comparison
The maximum XZE5.DE drawdown since its inception was -8.73%, smaller than the maximum 4UBF.DE drawdown of -19.99%. Use the drawdown chart below to compare losses from any high point for XZE5.DE and 4UBF.DE.
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Drawdown Indicators
| XZE5.DE | 4UBF.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.73% | -19.99% | +11.26% |
Max Drawdown (1Y)Largest decline over 1 year | -1.66% | -2.88% | +1.22% |
Max Drawdown (3Y)Largest decline over 3 years | -1.66% | -2.88% | +1.22% |
Max Drawdown (5Y)Largest decline over 5 years | -8.73% | -19.99% | +11.26% |
Current DrawdownCurrent decline from peak | -0.01% | -2.18% | +2.17% |
Average DrawdownAverage peak-to-trough decline | -2.28% | -8.47% | +6.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.46% | 0.88% | -0.42% |
Volatility
XZE5.DE vs. 4UBF.DE - Volatility Comparison
The current volatility for Xtrackers II EUR Corporate Bond Short Duration SRI PAB UCITS ETF 1C (XZE5.DE) is 0.50%, while UBS ETF (LU) Bloomberg MSCI Euro Area Liquid Corporates Sustainable UCITS ETF (EUR) Acc (4UBF.DE) has a volatility of 0.79%. This indicates that XZE5.DE experiences smaller price fluctuations and is considered to be less risky than 4UBF.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XZE5.DE | 4UBF.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.50% | 0.79% | -0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 1.67% | 3.03% | -1.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.94% | 3.68% | -1.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.55% | 5.09% | -2.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.38% | 5.00% | -2.62% |
XZE5.DE vs. 4UBF.DE - Expense Ratio Comparison
XZE5.DE has a 0.16% expense ratio, which is higher than 4UBF.DE's 0.13% 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
XZE5.DE vs. 4UBF.DE - Dividend Comparison
Neither XZE5.DE nor 4UBF.DE has paid dividends to shareholders.
Frequently Asked Questions
XZE5.DE and 4UBF.DE have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 4UBF.DE is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.
4UBF.DE is cheaper with a 0.13% expense ratio, compared with 0.16% for XZE5.DE.
XZE5.DE tracks Bloomberg Euro Corp TR EUR, while 4UBF.DE tracks Bloomberg MSCI Euro Area Liquid Corporates Sustainable. They also come from different issuers: Xtrackers and UBS. Their fees differ too: 0.16% for XZE5.DE and 0.13% for 4UBF.DE.
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