DBXQ.DE vs. XMME.DE
DBXQ.DE (Xtrackers II Eurozone Government Bond 3-5 UCITS ETF) and XMME.DE (Xtrackers MSCI Emerging Markets UCITS ETF 1C) are both exchange-traded funds - DBXQ.DE is a European Government Bonds fund tracking the Markit iBoxx® EUR Eurozone 3-5, while XMME.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets. Both are passively managed. Over the past 5 years, DBXQ.DE returned -0.28%/yr vs 8.66%/yr for XMME.DE. At a 0.08 correlation, their price movements are largely independent. DBXQ.DE charges 0.15%/yr vs 0.18%/yr for XMME.DE.
Performance
DBXQ.DE vs. XMME.DE - Performance Comparison
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Returns By Period
In the year-to-date period, DBXQ.DE achieves a -0.05% return, which is significantly lower than XMME.DE's 30.06% return.
DBXQ.DE
- 1D
- -0.02%
- 1M
- -0.02%
- YTD
- -0.05%
- 6M
- -0.06%
- 1Y
- 0.64%
- 3Y*
- 2.83%
- 5Y*
- -0.28%
- 10Y*
- 0.21%
XMME.DE
- 1D
- -1.04%
- 1M
- 5.19%
- YTD
- 30.06%
- 6M
- 29.85%
- 1Y
- 50.91%
- 3Y*
- 21.36%
- 5Y*
- 8.66%
- 10Y*
- —
DBXQ.DE vs. XMME.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DBXQ.DE Xtrackers II Eurozone Government Bond 3-5 UCITS ETF | -0.05% | 2.57% | 2.23% | 5.50% | -10.12% | -1.37% | 1.56% | 2.56% | -0.06% | -0.25% |
XMME.DE Xtrackers MSCI Emerging Markets UCITS ETF 1C | 30.06% | 18.69% | 13.82% | 5.89% | -15.00% | 4.75% | 6.57% | 21.91% | -11.16% | 7.23% |
Correlation
The correlation between DBXQ.DE and XMME.DE is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Jun 27, 2017 | 0.08 |
Over the past year, DBXQ.DE and XMME.DE have become more correlated (0.29) than their long-term average of 0.08, meaning their price movements have been converging.
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Return for Risk
DBXQ.DE vs. XMME.DE — Risk / Return Rank
DBXQ.DE
XMME.DE
DBXQ.DE vs. XMME.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II Eurozone Government Bond 3-5 UCITS ETF (DBXQ.DE) and Xtrackers MSCI Emerging Markets UCITS ETF 1C (XMME.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.
| DBXQ.DE | XMME.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.88 | ||
| Sortino ratioReturn per unit of downside risk | -3.76 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.55 | -0.52 |
| Calmar ratioReturn relative to maximum drawdown | 0.13 | 4.98 | -4.84 |
| Martin ratioReturn relative to average drawdown | 0.38 | 18.04 | -17.66 |
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
| DBXQ.DE | XMME.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.12 | 3.00 | -2.88 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.08 | 0.51 | -0.59 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.06 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 0.45 | +0.22 |
Drawdowns
DBXQ.DE vs. XMME.DE - Drawdown Comparison
The maximum DBXQ.DE drawdown since its inception was -12.25%, smaller than the maximum XMME.DE drawdown of -31.96%. Use the drawdown chart below to compare losses from any high point for DBXQ.DE and XMME.DE.
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Drawdown Indicators
| DBXQ.DE | XMME.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.25% | -31.96% | +19.71% |
Max Drawdown (1Y)Largest decline over 1 year | -2.41% | -10.67% | +8.26% |
Max Drawdown (3Y)Largest decline over 3 years | -2.41% | -19.16% | +16.75% |
Max Drawdown (5Y)Largest decline over 5 years | -12.13% | -24.38% | +12.25% |
Max Drawdown (10Y)Largest decline over 10 years | -12.25% | — | — |
Current DrawdownCurrent decline from peak | -2.16% | -1.04% | -1.12% |
Average DrawdownAverage peak-to-trough decline | -2.02% | -9.53% | +7.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.86% | 2.95% | -2.09% |
Volatility
DBXQ.DE vs. XMME.DE - Volatility Comparison
The current volatility for Xtrackers II Eurozone Government Bond 3-5 UCITS ETF (DBXQ.DE) is 1.01%, while Xtrackers MSCI Emerging Markets UCITS ETF 1C (XMME.DE) has a volatility of 7.48%. This indicates that DBXQ.DE experiences smaller price fluctuations and is considered to be less risky than XMME.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DBXQ.DE | XMME.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.01% | 7.48% | -6.47% |
Volatility (6M)Calculated over the trailing 6-month period | 2.30% | 14.90% | -12.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.60% | 17.70% | -15.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.69% | 16.74% | -13.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.31% | 18.61% | -15.30% |
DBXQ.DE vs. XMME.DE - Expense Ratio Comparison
DBXQ.DE has a 0.15% expense ratio, which is lower than XMME.DE's 0.18% 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
DBXQ.DE vs. XMME.DE - Dividend Comparison
Neither DBXQ.DE nor XMME.DE has paid dividends to shareholders.
Frequently Asked Questions
DBXQ.DE and XMME.DE have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DBXQ.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DBXQ.DE is cheaper with a 0.15% expense ratio, compared with 0.18% for XMME.DE.
DBXQ.DE is categorized as European Government Bonds, while XMME.DE is Emerging Markets Equities. DBXQ.DE tracks Markit iBoxx® EUR Eurozone 3-5, while XMME.DE tracks MSCI Emerging Markets. Their fees differ too: 0.15% for DBXQ.DE and 0.18% for XMME.DE.
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