ASRD.DE vs. XQUA.DE
ASRD.DE (BNP Paribas Easy JPM ESG EMBI Global Diversified Composite UCITS ETF EUR Hedged) and XQUA.DE (Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D) are both Emerging Markets Bonds funds - ASRD.DE tracks the JP Morgan ESG EMBI Global Diversified (EUR Hedged) while XQUA.DE tracks the JPM EMBI Global Diversified TR USD. Both are passively managed. Over the past 5 years, ASRD.DE returned -0.38%/yr vs 0.78%/yr for XQUA.DE. At a 0.43 correlation, their price movements are largely independent. ASRD.DE charges 0.25%/yr vs 0.45%/yr for XQUA.DE.
Performance
ASRD.DE vs. XQUA.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ASRD.DE achieves a 1.12% return, which is significantly lower than XQUA.DE's 4.67% return.
ASRD.DE
- 1D
- 0.00%
- 1M
- 1.40%
- YTD
- 1.12%
- 6M
- 1.06%
- 1Y
- 8.28%
- 3Y*
- 6.66%
- 5Y*
- -0.38%
- 10Y*
- —
XQUA.DE
- 1D
- 0.00%
- 1M
- 3.31%
- YTD
- 4.67%
- 6M
- 5.02%
- 1Y
- 9.87%
- 3Y*
- 3.51%
- 5Y*
- 0.78%
- 10Y*
- 1.85%
ASRD.DE vs. XQUA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ASRD.DE BNP Paribas Easy JPM ESG EMBI Global Diversified Composite UCITS ETF EUR Hedged | 1.12% | 11.16% | 3.52% | 6.69% | -19.97% | -1.25% |
XQUA.DE Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D | 4.67% | -1.36% | 5.24% | 3.95% | -12.55% | 6.88% |
Correlation
The correlation between ASRD.DE and XQUA.DE is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Jan 21, 2021 | 0.43 |
Over the past year, the correlation between ASRD.DE and XQUA.DE has dropped to 0.18 - well below their long-term average of 0.43, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ASRD.DE vs. XQUA.DE — Risk / Return Rank
ASRD.DE
XQUA.DE
ASRD.DE vs. XQUA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy JPM ESG EMBI Global Diversified Composite UCITS ETF EUR Hedged (ASRD.DE) and Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D (XQUA.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.
| ASRD.DE | XQUA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.20 | ||
| Sortino ratioReturn per unit of downside risk | -0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.30 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.73 | 2.42 | -0.69 |
| Martin ratioReturn relative to average drawdown | 6.24 | 7.35 | -1.11 |
Loading charts...
Drawdowns
ASRD.DE vs. XQUA.DE - Drawdown Comparison
The maximum ASRD.DE drawdown since its inception was -29.54%, which is greater than XQUA.DE's maximum drawdown of -20.21%. Use the drawdown chart below to compare losses from any high point for ASRD.DE and XQUA.DE.
Loading charts...
Drawdown Indicators
| ASRD.DE | XQUA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.54% | -20.21% | -9.33% |
Max Drawdown (1Y)Largest decline over 1 year | -4.77% | -4.06% | -0.71% |
Max Drawdown (3Y)Largest decline over 3 years | -8.03% | -11.47% | +3.44% |
Max Drawdown (5Y)Largest decline over 5 years | -29.54% | -16.16% | -13.38% |
Max Drawdown (10Y)Largest decline over 10 years | — | -20.21% | — |
Current DrawdownCurrent decline from peak | -3.66% | -3.63% | -0.03% |
Average DrawdownAverage peak-to-trough decline | -12.88% | -8.29% | -4.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.32% | 1.34% | -0.02% |
Volatility
ASRD.DE vs. XQUA.DE - Volatility Comparison
BNP Paribas Easy JPM ESG EMBI Global Diversified Composite UCITS ETF EUR Hedged (ASRD.DE) has a higher volatility of 1.33% compared to Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D (XQUA.DE) at 1.23%. This indicates that ASRD.DE's price experiences larger fluctuations and is considered to be riskier than XQUA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ASRD.DE | XQUA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.33% | 1.23% | +0.10% |
Volatility (6M)Calculated over the trailing 6-month period | 5.00% | 3.82% | +1.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.97% | 6.22% | -0.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.05% | 8.34% | +0.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.87% | 8.83% | +0.04% |
ASRD.DE vs. XQUA.DE - Expense Ratio Comparison
ASRD.DE has a 0.25% expense ratio, which is lower than XQUA.DE's 0.45% expense ratio.
Dividends
ASRD.DE vs. XQUA.DE - Dividend Comparison
ASRD.DE has not paid dividends to shareholders, while XQUA.DE's dividend yield for the trailing twelve months is around 4.45%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
ASRD.DE BNP Paribas Easy JPM ESG EMBI Global Diversified Composite UCITS ETF EUR Hedged | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XQUA.DE Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D | 4.45% | 4.80% | 4.40% | 4.34% | 7.07% | 3.83% | 4.92% | 4.19% | 3.08% | 3.74% |
Frequently Asked Questions
ASRD.DE and XQUA.DE have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ASRD.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ASRD.DE is cheaper with a 0.25% expense ratio, compared with 0.45% for XQUA.DE.
ASRD.DE tracks JP Morgan ESG EMBI Global Diversified (EUR Hedged), while XQUA.DE tracks JPM EMBI Global Diversified TR USD. They also come from different issuers: BNP Paribas and Xtrackers. Their fees differ too: 0.25% for ASRD.DE and 0.45% for XQUA.DE.
Find the right allocation for ASRD.DE and XQUA.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer