XZE5.DE vs. EFRN.DE
XZE5.DE (Xtrackers II EUR Corporate Bond Short Duration SRI PAB UCITS ETF 1C) and EFRN.DE (iShares EUR Floating Rate Bond ESG UCITS ETF EUR (Dist)) are both European Corporate Bonds funds - XZE5.DE tracks the Bloomberg Euro Corp TR EUR while EFRN.DE tracks the Bloomberg Euro Agg Corp 1-3 Yr TR EUR. Both are passively managed. Over the past 5 years, XZE5.DE returned 1.16%/yr vs 2.39%/yr for EFRN.DE. At a 0.02 correlation, their price movements are largely independent. XZE5.DE charges 0.16%/yr vs 0.10%/yr for EFRN.DE.
Performance
XZE5.DE vs. EFRN.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 EFRN.DE's 1.22% 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*
- —
EFRN.DE
- 1D
- 0.20%
- 1M
- 0.40%
- YTD
- 1.22%
- 6M
- 1.42%
- 1Y
- 2.72%
- 3Y*
- 3.68%
- 5Y*
- 2.39%
- 10Y*
- —
XZE5.DE vs. EFRN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XZE5.DE Xtrackers II EUR Corporate Bond Short Duration SRI PAB UCITS ETF 1C | 0.85% | 3.08% | 4.10% | 5.27% | -6.80% | -0.40% | 0.99% |
EFRN.DE iShares EUR Floating Rate Bond ESG UCITS ETF EUR (Dist) | 1.22% | 2.91% | 4.29% | 4.00% | -0.00% | -0.20% | 0.40% |
Correlation
The correlation between XZE5.DE and EFRN.DE is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Aug 4, 2020 | 0.02 |
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Return for Risk
XZE5.DE vs. EFRN.DE — Risk / Return Rank
XZE5.DE
EFRN.DE
XZE5.DE vs. EFRN.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 iShares EUR Floating Rate Bond ESG UCITS ETF EUR (Dist) (EFRN.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 | EFRN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.65 | ||
| Sortino ratioReturn per unit of downside risk | -1.05 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.49 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | 1.19 | 7.30 | -6.11 |
| Martin ratioReturn relative to average drawdown | 4.23 | 27.93 | -23.70 |
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Drawdowns
XZE5.DE vs. EFRN.DE - Drawdown Comparison
The maximum XZE5.DE drawdown since its inception was -8.73%, which is greater than EFRN.DE's maximum drawdown of -5.58%. Use the drawdown chart below to compare losses from any high point for XZE5.DE and EFRN.DE.
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Drawdown Indicators
| XZE5.DE | EFRN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.73% | -5.58% | -3.15% |
Max Drawdown (1Y)Largest decline over 1 year | -1.66% | -0.37% | -1.29% |
Max Drawdown (3Y)Largest decline over 3 years | -1.66% | -0.39% | -1.27% |
Max Drawdown (5Y)Largest decline over 5 years | -8.73% | -1.20% | -7.53% |
Current DrawdownCurrent decline from peak | -0.01% | 0.00% | -0.01% |
Average DrawdownAverage peak-to-trough decline | -2.28% | -0.29% | -1.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.46% | 0.10% | +0.36% |
Volatility
XZE5.DE vs. EFRN.DE - Volatility Comparison
Xtrackers II EUR Corporate Bond Short Duration SRI PAB UCITS ETF 1C (XZE5.DE) has a higher volatility of 0.50% compared to iShares EUR Floating Rate Bond ESG UCITS ETF EUR (Dist) (EFRN.DE) at 0.27%. This indicates that XZE5.DE's price experiences larger fluctuations and is considered to be riskier than EFRN.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 | EFRN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.50% | 0.27% | +0.23% |
Volatility (6M)Calculated over the trailing 6-month period | 1.67% | 1.16% | +0.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.94% | 1.63% | +0.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.55% | 1.46% | +1.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.38% | 1.70% | +0.68% |
XZE5.DE vs. EFRN.DE - Expense Ratio Comparison
XZE5.DE has a 0.16% expense ratio, which is higher than EFRN.DE's 0.10% 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. EFRN.DE - Dividend Comparison
XZE5.DE has not paid dividends to shareholders, while EFRN.DE's dividend yield for the trailing twelve months is around 2.49%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
EFRN.DE iShares EUR Floating Rate Bond ESG UCITS ETF EUR (Dist) | 2.49% | 2.88% | 4.22% | 2.93% | 0.00% | 0.00% | 0.00% |
XZE5.DE Xtrackers II EUR Corporate Bond Short Duration SRI PAB UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XZE5.DE and EFRN.DE have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EFRN.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EFRN.DE is cheaper with a 0.10% expense ratio, compared with 0.16% for XZE5.DE.
XZE5.DE tracks Bloomberg Euro Corp TR EUR, while EFRN.DE tracks Bloomberg Euro Agg Corp 1-3 Yr TR EUR. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.16% for XZE5.DE and 0.10% for EFRN.DE.
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