XZE5.DE vs. IB26.DE
XZE5.DE (Xtrackers II EUR Corporate Bond Short Duration SRI PAB UCITS ETF 1C) and IB26.DE (iShares iBonds Dec 2026 Term EUR Corporate UCITS ETF EUR (Dist)) are both European Corporate Bonds funds - XZE5.DE tracks the Bloomberg Euro Corp TR EUR while IB26.DE tracks the Bloomberg MSCI December 2026 Maturity EUR Corporate ESG Screened Index. Both are passively managed. Over the past year, XZE5.DE returned 1.96% vs 2.06% for IB26.DE. A 0.54 correlation means they provide meaningful diversification when combined. XZE5.DE charges 0.16%/yr vs 0.12%/yr for IB26.DE.
Performance
XZE5.DE vs. IB26.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 IB26.DE's 0.96% 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*
- —
IB26.DE
- 1D
- 0.00%
- 1M
- 0.20%
- YTD
- 0.96%
- 6M
- 1.11%
- 1Y
- 2.06%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XZE5.DE vs. IB26.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
XZE5.DE Xtrackers II EUR Corporate Bond Short Duration SRI PAB UCITS ETF 1C | 0.85% | 3.08% | 4.10% | 3.31% |
IB26.DE iShares iBonds Dec 2026 Term EUR Corporate UCITS ETF EUR (Dist) | 0.96% | 2.79% | 3.68% | 3.23% |
Correlation
The correlation between XZE5.DE and IB26.DE is 0.09, 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 | 0.09 |
Correlation (All Time) Calculated using the full available price history since Aug 10, 2023 | 0.54 |
Over the past year, the correlation between XZE5.DE and IB26.DE has dropped to 0.09 - well below their long-term average of 0.54, suggesting their price drivers have been diverging.
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Return for Risk
XZE5.DE vs. IB26.DE — Risk / Return Rank
XZE5.DE
IB26.DE
XZE5.DE vs. IB26.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 iBonds Dec 2026 Term EUR Corporate UCITS ETF EUR (Dist) (IB26.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 | IB26.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.85 | ||
| Sortino ratioReturn per unit of downside risk | -3.18 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.62 | -0.43 |
| Calmar ratioReturn relative to maximum drawdown | 1.19 | 11.11 | -9.92 |
| Martin ratioReturn relative to average drawdown | 4.23 | 52.19 | -47.96 |
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Drawdowns
XZE5.DE vs. IB26.DE - Drawdown Comparison
The maximum XZE5.DE drawdown since its inception was -8.73%, which is greater than IB26.DE's maximum drawdown of -0.83%. Use the drawdown chart below to compare losses from any high point for XZE5.DE and IB26.DE.
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Drawdown Indicators
| XZE5.DE | IB26.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.73% | -0.83% | -7.90% |
Max Drawdown (1Y)Largest decline over 1 year | -1.66% | -0.18% | -1.48% |
Max Drawdown (3Y)Largest decline over 3 years | -1.66% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -8.73% | — | — |
Current DrawdownCurrent decline from peak | -0.01% | 0.00% | -0.01% |
Average DrawdownAverage peak-to-trough decline | -2.28% | -0.11% | -2.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.46% | 0.04% | +0.42% |
Volatility
XZE5.DE vs. IB26.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 iBonds Dec 2026 Term EUR Corporate UCITS ETF EUR (Dist) (IB26.DE) at 0.21%. This indicates that XZE5.DE's price experiences larger fluctuations and is considered to be riskier than IB26.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 | IB26.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.50% | 0.21% | +0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 1.67% | 0.51% | +1.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.94% | 0.72% | +1.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.55% | 1.41% | +1.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.38% | 1.41% | +0.97% |
XZE5.DE vs. IB26.DE - Expense Ratio Comparison
XZE5.DE has a 0.16% expense ratio, which is higher than IB26.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
XZE5.DE vs. IB26.DE - Dividend Comparison
XZE5.DE has not paid dividends to shareholders, while IB26.DE's dividend yield for the trailing twelve months is around 3.03%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
IB26.DE iShares iBonds Dec 2026 Term EUR Corporate UCITS ETF EUR (Dist) | 3.03% | 3.24% | 3.59% | 1.20% |
XZE5.DE Xtrackers II EUR Corporate Bond Short Duration SRI PAB UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XZE5.DE and IB26.DE have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IB26.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IB26.DE is cheaper with a 0.12% expense ratio, compared with 0.16% for XZE5.DE.
XZE5.DE tracks Bloomberg Euro Corp TR EUR, while IB26.DE tracks Bloomberg MSCI December 2026 Maturity EUR Corporate ESG Screened Index. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.16% for XZE5.DE and 0.12% for IB26.DE.
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