CA vs. DEUS
CA (Xtrackers California Municipal Bond ETF) and DEUS (Xtrackers Russell US Multifactor ETF) are both exchange-traded funds - CA is a Municipal Bonds fund tracking the ICE AMT-Free Broad Liquid California Municipal Index - Benchmark TR Gross, while DEUS is a Mid Cap Blend Equities fund tracking the Russell 1000 Comprehensive Factor Index. Both are passively managed. Over the past year, CA returned 6.67% vs 18.62% for DEUS. At a 0.16 correlation, their price movements are largely independent. CA charges 0.07%/yr vs 0.17%/yr for DEUS.
Performance
CA vs. DEUS - Performance Comparison
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Returns By Period
In the year-to-date period, CA achieves a 1.20% return, which is significantly lower than DEUS's 11.11% return.
CA
- 1D
- 0.00%
- 1M
- 0.38%
- YTD
- 1.20%
- 6M
- 1.44%
- 1Y
- 6.67%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DEUS
- 1D
- 0.18%
- 1M
- 3.32%
- YTD
- 11.11%
- 6M
- 11.96%
- 1Y
- 18.62%
- 3Y*
- 16.53%
- 5Y*
- 9.39%
- 10Y*
- 11.33%
CA vs. DEUS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
CA Xtrackers California Municipal Bond ETF | 1.20% | 3.05% | 1.51% | 0.79% |
DEUS Xtrackers Russell US Multifactor ETF | 11.11% | 10.41% | 14.33% | 0.45% |
Correlation
The correlation between CA and DEUS is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Dec 15, 2023 | 0.16 |
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Return for Risk
CA vs. DEUS — Risk / Return Rank
CA
DEUS
CA vs. DEUS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers California Municipal Bond ETF (CA) and Xtrackers Russell US Multifactor ETF (DEUS). 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.
| CA | DEUS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.84 | ||
| Sortino ratioReturn per unit of downside risk | +1.32 | ||
| Omega ratioGain probability vs. loss probability | 1.58 | 1.30 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 2.61 | 2.74 | -0.13 |
| Martin ratioReturn relative to average drawdown | 9.84 | 10.39 | -0.56 |
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
| CA | DEUS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.54 | 1.70 | +0.84 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.61 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.63 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 0.64 | +0.03 |
Drawdowns
CA vs. DEUS - Drawdown Comparison
The maximum CA drawdown since its inception was -5.24%, smaller than the maximum DEUS drawdown of -40.47%. Use the drawdown chart below to compare losses from any high point for CA and DEUS.
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Drawdown Indicators
| CA | DEUS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.24% | -40.47% | +35.23% |
Max Drawdown (1Y)Largest decline over 1 year | -2.57% | -6.83% | +4.26% |
Max Drawdown (3Y)Largest decline over 3 years | — | -16.69% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.89% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.47% | — |
Current DrawdownCurrent decline from peak | -0.75% | 0.00% | -0.75% |
Average DrawdownAverage peak-to-trough decline | -1.27% | -4.34% | +3.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.68% | 1.80% | -1.12% |
Volatility
CA vs. DEUS - Volatility Comparison
The current volatility for Xtrackers California Municipal Bond ETF (CA) is 0.31%, while Xtrackers Russell US Multifactor ETF (DEUS) has a volatility of 2.79%. This indicates that CA experiences smaller price fluctuations and is considered to be less risky than DEUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CA | DEUS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.31% | 2.79% | -2.48% |
Volatility (6M)Calculated over the trailing 6-month period | 1.83% | 8.13% | -6.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.64% | 11.02% | -8.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.99% | 15.55% | -11.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.99% | 17.98% | -13.99% |
CA vs. DEUS - Expense Ratio Comparison
CA has a 0.07% expense ratio, which is lower than DEUS's 0.17% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
CA vs. DEUS - Dividend Comparison
CA's dividend yield for the trailing twelve months is around 2.96%, more than DEUS's 1.45% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
CA Xtrackers California Municipal Bond ETF | 2.96% | 3.14% | 3.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DEUS Xtrackers Russell US Multifactor ETF | 1.45% | 1.59% | 1.36% | 1.49% | 1.74% | 1.14% | 1.61% | 1.65% | 1.77% | 1.31% | 2.75% |
Frequently Asked Questions
CA and DEUS have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DEUS has higher volatility (2.79%) compared to CA (0.31%). In terms of maximum drawdown, CA dropped -5.24% vs DEUS's -40.47%.
On 1-year performance, DEUS leads with 18.62% vs 6.67% for CA. On fees, CA is cheaper at 0.07% per year. On volatility, CA has been the lower-risk option at 0.31%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, DEUS has performed better with a 18.62% return vs 6.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
CA is cheaper with a 0.07% expense ratio, compared with 0.17% for DEUS.
CA has the higher dividend yield at 2.96%, compared with 1.45% for DEUS.
CA is categorized as Municipal Bonds, while DEUS is Mid Cap Blend Equities. CA tracks ICE AMT-Free Broad Liquid California Municipal Index - Benchmark TR Gross, while DEUS tracks Russell 1000 Comprehensive Factor Index. Their fees differ too: 0.07% for CA and 0.17% for DEUS.
CA currently has the higher Sharpe Ratio (2.54 vs 1.70), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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