BA.L vs. XDAX.L
BA.L (BAE Systems plc) is a stock, while XDAX.L (Xtrackers DAX UCITS ETF 1C) is Europe Equities fund tracking the FSE DAX TR EUR. Over the past 10 years, BA.L returned 18.87%/yr vs 7.87%/yr for XDAX.L. At a 0.40 correlation, their price movements are largely independent.
Performance
BA.L vs. XDAX.L - Performance Comparison
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Returns By Period
In the year-to-date period, BA.L achieves a 12.71% return, which is significantly higher than XDAX.L's -1.06% return. Over the past 10 years, BA.L has outperformed XDAX.L with an annualized return of 18.87%, while XDAX.L has yielded a comparatively lower 7.87% annualized return.
BA.L
- 1D
- -1.62%
- 1M
- -0.91%
- YTD
- 12.71%
- 6M
- 13.60%
- 1Y
- 3.23%
- 3Y*
- 28.80%
- 5Y*
- 32.37%
- 10Y*
- 18.87%
XDAX.L
- 1D
- 1.70%
- 1M
- 1.66%
- YTD
- -1.06%
- 6M
- -0.40%
- 1Y
- 4.61%
- 3Y*
- 14.74%
- 5Y*
- 9.05%
- 10Y*
- 7.87%
BA.L vs. XDAX.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BA.L BAE Systems plc | 12.71% | 52.12% | 5.88% | 33.31% | 60.92% | 17.57% | -9.28% | 28.43% | -16.75% | 0.30% |
XDAX.L Xtrackers DAX UCITS ETF 1C | -1.06% | 28.81% | 13.14% | 17.20% | -7.58% | 7.86% | 9.38% | 16.48% | -17.14% | -0.54% |
Correlation
The correlation between BA.L and XDAX.L is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2008 | 0.40 |
The correlation between BA.L and XDAX.L shifts across timeframes, from 0.19 (5 years) to 0.40 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
BA.L vs. XDAX.L — Risk / Return Rank
BA.L
XDAX.L
BA.L vs. XDAX.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BAE Systems plc (BA.L) and Xtrackers DAX UCITS ETF 1C (XDAX.L). 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.
| BA.L | XDAX.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.19 | ||
| Sortino ratioReturn per unit of downside risk | -0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.06 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.15 | 0.36 | -0.21 |
| Martin ratioReturn relative to average drawdown | 0.33 | 1.13 | -0.81 |
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Drawdowns
BA.L vs. XDAX.L - Drawdown Comparison
The maximum BA.L drawdown since its inception was -43.67%, smaller than the maximum XDAX.L drawdown of -53.95%. Use the drawdown chart below to compare losses from any high point for BA.L and XDAX.L.
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Drawdown Indicators
| BA.L | XDAX.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.67% | -53.95% | +10.28% |
Max Drawdown (1Y)Largest decline over 1 year | -21.30% | -12.83% | -8.47% |
Max Drawdown (3Y)Largest decline over 3 years | -21.30% | -13.98% | -7.32% |
Max Drawdown (5Y)Largest decline over 5 years | -21.30% | -23.44% | +2.14% |
Max Drawdown (10Y)Largest decline over 10 years | -37.80% | -43.99% | +6.19% |
Current DrawdownCurrent decline from peak | -17.12% | -4.51% | -12.61% |
Average DrawdownAverage peak-to-trough decline | -12.74% | -13.19% | +0.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.84% | 4.06% | +5.78% |
Volatility
BA.L vs. XDAX.L - Volatility Comparison
BAE Systems plc (BA.L) has a higher volatility of 8.48% compared to Xtrackers DAX UCITS ETF 1C (XDAX.L) at 4.27%. This indicates that BA.L's price experiences larger fluctuations and is considered to be riskier than XDAX.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BA.L | XDAX.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.48% | 4.27% | +4.21% |
Volatility (6M)Calculated over the trailing 6-month period | 23.43% | 12.53% | +10.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.85% | 15.30% | +14.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.82% | 18.95% | +6.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.07% | 19.54% | +5.53% |
Dividends
BA.L vs. XDAX.L - Dividend Comparison
BA.L's dividend yield for the trailing twelve months is around 1.90%, while XDAX.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BA.L BAE Systems plc | 1.90% | 1.99% | 2.69% | 2.53% | 2.99% | 4.40% | 4.75% | 4.00% | 4.79% | 3.75% | 3.57% | 4.14% |
XDAX.L Xtrackers DAX UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
BA.L and XDAX.L have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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