DBPK.DE vs. XNAS.DE
DBPK.DE (Xtrackers S&P 500 2x Inverse Daily Swap UCITS ETF (Acc)) and XNAS.DE (Xtrackers Nasdaq 100 UCITS ETF 1C) are both exchange-traded funds - DBPK.DE is a Inverse Equities fund tracking the S&P 500 Short Leverage (-2x) Index, while XNAS.DE is a Nasdaq-100 fund tracking the Nasdaq 100®. Both are passively managed. Over the past 5 years, DBPK.DE returned -19.09%/yr vs 16.39%/yr for XNAS.DE. At a correlation of -0.73, they often move in opposite directions. DBPK.DE charges 0.70%/yr vs 0.20%/yr for XNAS.DE.
Performance
DBPK.DE vs. XNAS.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DBPK.DE achieves a -11.09% return, which is significantly lower than XNAS.DE's 19.10% return.
DBPK.DE
- 1D
- -0.07%
- 1M
- 3.67%
- 6M
- -12.79%
- YTD
- -11.09%
- 1Y
- -23.56%
- 3Y*
- -26.50%
- 5Y*
- -19.09%
- 10Y*
- -27.15%
XNAS.DE
- 1D
- 0.00%
- 1M
- -2.01%
- 6M
- 20.42%
- YTD
- 19.10%
- 1Y
- 33.14%
- 3Y*
- 23.27%
- 5Y*
- 16.39%
- 10Y*
- —
DBPK.DE vs. XNAS.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
DBPK.DE Xtrackers S&P 500 2x Inverse Daily Swap UCITS ETF (Acc) | -11.09% | -34.12% | -24.20% | -33.54% | 42.87% | -35.65% |
XNAS.DE Xtrackers Nasdaq 100 UCITS ETF 1C | 19.10% | 7.11% | 33.75% | 51.36% | -29.99% | 31.23% |
Correlation
The correlation between DBPK.DE and XNAS.DE is -0.68, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.68 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.73 |
Correlation (All Time) Calculated using the full available price history since Jan 27, 2021 | -0.73 |
The correlation between DBPK.DE and XNAS.DE has been stable across timeframes, ranging from -0.73 to -0.68 - a consistent structural relationship.
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
DBPK.DE vs. XNAS.DE — Risk / Return Rank
DBPK.DE
XNAS.DE
DBPK.DE vs. XNAS.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P 500 2x Inverse Daily Swap UCITS ETF (Acc) (DBPK.DE) and Xtrackers Nasdaq 100 UCITS ETF 1C (XNAS.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.
| DBPK.DE | XNAS.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.85 | ||
| Sortino ratioReturn per unit of downside risk | -3.81 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.35 | -0.48 |
| Calmar ratioReturn relative to maximum drawdown | -0.78 | 3.33 | -4.11 |
| Martin ratioReturn relative to average drawdown | -1.42 | 9.64 | -11.06 |
Loading charts...
Drawdowns
DBPK.DE vs. XNAS.DE - Drawdown Comparison
The maximum DBPK.DE drawdown since its inception was -99.58%, which is greater than XNAS.DE's maximum drawdown of -31.25%. Use the drawdown chart below to compare losses from any high point for DBPK.DE and XNAS.DE.
Loading charts...
Drawdown Indicators
| DBPK.DE | XNAS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.58% | -31.25% | -68.33% |
Max Drawdown (1Y)Largest decline over 1 year | -30.27% | -10.00% | -20.27% |
Max Drawdown (3Y)Largest decline over 3 years | -69.12% | -26.72% | -42.40% |
Max Drawdown (5Y)Largest decline over 5 years | -77.98% | -31.25% | -46.73% |
Max Drawdown (10Y)Largest decline over 10 years | -95.99% | — | — |
Current DrawdownCurrent decline from peak | -99.56% | -2.56% | -97.00% |
Average DrawdownAverage peak-to-trough decline | -86.93% | -7.75% | -79.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.61% | 3.45% | +13.16% |
Volatility
DBPK.DE vs. XNAS.DE - Volatility Comparison
Xtrackers S&P 500 2x Inverse Daily Swap UCITS ETF (Acc) (DBPK.DE) has a higher volatility of 8.83% compared to Xtrackers Nasdaq 100 UCITS ETF 1C (XNAS.DE) at 6.66%. This indicates that DBPK.DE's price experiences larger fluctuations and is considered to be riskier than XNAS.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DBPK.DE | XNAS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.83% | 6.66% | +2.17% |
Volatility (6M)Calculated over the trailing 6-month period | 21.00% | 12.34% | +8.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.58% | 16.97% | +9.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.45% | 20.06% | +15.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.85% | 19.92% | +14.93% |
DBPK.DE vs. XNAS.DE - Expense Ratio Comparison
DBPK.DE has a 0.70% expense ratio, which is higher than XNAS.DE's 0.20% expense ratio.
Dividends
DBPK.DE vs. XNAS.DE - Dividend Comparison
Neither DBPK.DE nor XNAS.DE has paid dividends to shareholders.
Frequently Asked Questions
DBPK.DE and XNAS.DE have a correlation of -0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XNAS.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XNAS.DE is cheaper with a 0.20% expense ratio, compared with 0.70% for DBPK.DE.
DBPK.DE is categorized as Inverse Equities, while XNAS.DE is Nasdaq-100. DBPK.DE tracks S&P 500 Short Leverage (-2x) Index, while XNAS.DE tracks Nasdaq 100®. Their fees differ too: 0.70% for DBPK.DE and 0.20% for XNAS.DE.
Find the right allocation for DBPK.DE and XNAS.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