XZEB.DE vs. JE13.DE
XZEB.DE (Xtrackers II ESG Eurozone Government Bond UCITS ETF) and JE13.DE (JPMorgan BetaBuilders EUR Government Bond 1-3 UCITS ETF EUR (Acc)) are both European Government Bonds funds - XZEB.DE tracks the FTSE ESG Select EMU Government Bond while JE13.DE tracks the JP Morgan EMU Government Bond 1-3. Both are passively managed. Over the past 3 years, XZEB.DE returned 1.37%/yr vs 2.63%/yr for JE13.DE. Their correlation of 0.83 suggests significant overlap in exposure. XZEB.DE charges 0.15%/yr vs 0.10%/yr for JE13.DE.
Performance
XZEB.DE vs. JE13.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XZEB.DE achieves a 0.20% return, which is significantly higher than JE13.DE's 0.06% return.
XZEB.DE
- 1D
- 0.07%
- 1M
- -0.04%
- YTD
- 0.20%
- 6M
- 0.18%
- 1Y
- -0.32%
- 3Y*
- 1.37%
- 5Y*
- —
- 10Y*
- —
JE13.DE
- 1D
- 0.05%
- 1M
- 0.04%
- YTD
- 0.06%
- 6M
- 0.18%
- 1Y
- 0.97%
- 3Y*
- 2.63%
- 5Y*
- 0.62%
- 10Y*
- —
XZEB.DE vs. JE13.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XZEB.DE Xtrackers II ESG Eurozone Government Bond UCITS ETF | 0.20% | -0.59% | 0.01% | 5.77% | -7.62% |
JE13.DE JPMorgan BetaBuilders EUR Government Bond 1-3 UCITS ETF EUR (Acc) | 0.06% | 2.30% | 2.97% | 3.44% | -2.90% |
Correlation
The correlation between XZEB.DE and JE13.DE is 0.80, 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 | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Jul 11, 2022 | 0.83 |
The correlation between XZEB.DE and JE13.DE has been stable across timeframes, ranging from 0.80 to 0.83 - a consistent structural relationship.
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Return for Risk
XZEB.DE vs. JE13.DE — Risk / Return Rank
XZEB.DE
JE13.DE
XZEB.DE vs. JE13.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II ESG Eurozone Government Bond UCITS ETF (XZEB.DE) and JPMorgan BetaBuilders EUR Government Bond 1-3 UCITS ETF EUR (Acc) (JE13.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.
| XZEB.DE | JE13.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.78 | ||
| Sortino ratioReturn per unit of downside risk | -1.11 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.12 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | -0.24 | 0.62 | -0.86 |
| Martin ratioReturn relative to average drawdown | -0.53 | 2.01 | -2.55 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XZEB.DE | JE13.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.17 | 0.61 | -0.78 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.36 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.11 | 0.23 | -0.33 |
Drawdowns
XZEB.DE vs. JE13.DE - Drawdown Comparison
The maximum XZEB.DE drawdown since its inception was -13.98%, which is greater than JE13.DE's maximum drawdown of -6.90%. Use the drawdown chart below to compare losses from any high point for XZEB.DE and JE13.DE.
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Drawdown Indicators
| XZEB.DE | JE13.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.98% | -6.90% | -7.08% |
Max Drawdown (1Y)Largest decline over 1 year | -2.97% | -1.28% | -1.69% |
Max Drawdown (3Y)Largest decline over 3 years | -4.45% | -1.28% | -3.17% |
Max Drawdown (5Y)Largest decline over 5 years | — | -6.01% | — |
Current DrawdownCurrent decline from peak | -7.28% | -0.54% | -6.74% |
Average DrawdownAverage peak-to-trough decline | -8.40% | -1.76% | -6.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.33% | 0.40% | +0.93% |
Volatility
XZEB.DE vs. JE13.DE - Volatility Comparison
Xtrackers II ESG Eurozone Government Bond UCITS ETF (XZEB.DE) has a higher volatility of 1.57% compared to JPMorgan BetaBuilders EUR Government Bond 1-3 UCITS ETF EUR (Acc) (JE13.DE) at 0.46%. This indicates that XZEB.DE's price experiences larger fluctuations and is considered to be riskier than JE13.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XZEB.DE | JE13.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.57% | 0.46% | +1.11% |
Volatility (6M)Calculated over the trailing 6-month period | 3.45% | 1.21% | +2.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.14% | 1.32% | +2.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.32% | 1.71% | +4.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.32% | 1.52% | +4.80% |
XZEB.DE vs. JE13.DE - Expense Ratio Comparison
XZEB.DE has a 0.15% expense ratio, which is higher than JE13.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
XZEB.DE vs. JE13.DE - Dividend Comparison
Neither XZEB.DE nor JE13.DE has paid dividends to shareholders.
Frequently Asked Questions
XZEB.DE and JE13.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, JE13.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JE13.DE is cheaper with a 0.10% expense ratio, compared with 0.15% for XZEB.DE.
XZEB.DE tracks FTSE ESG Select EMU Government Bond, while JE13.DE tracks JP Morgan EMU Government Bond 1-3. They also come from different issuers: Xtrackers and JPMorgan. Their fees differ too: 0.15% for XZEB.DE and 0.10% for JE13.DE.
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