DRGN.L vs. XQUA.L
Compare and contrast key facts about L&G China CNY Bond UCITS ETF (DRGN.L) and Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D (XQUA.L).
DRGN.L and XQUA.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DRGN.L is an actively managed fund by Legal & General. It was launched on Jul 20, 2021. XQUA.L is a passively managed fund by Xtrackers that tracks the performance of the JPM EMBI Global Diversified TR USD. It was launched on Apr 6, 2016.
Performance
DRGN.L vs. XQUA.L - Performance Comparison
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DRGN.L vs. XQUA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
DRGN.L L&G China CNY Bond UCITS ETF | 1.64% | 5.43% | 3.15% | 0.46% | -5.32% | 7.15% | 0.87% |
XQUA.L Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D | -1.10% | 10.82% | -0.40% | 7.51% | -17.76% | -1.45% | 1.61% |
Returns By Period
In the year-to-date period, DRGN.L achieves a 1.64% return, which is significantly higher than XQUA.L's -1.10% return.
DRGN.L
- 1D
- -0.25%
- 1M
- -0.01%
- YTD
- 1.64%
- 6M
- 4.17%
- 1Y
- 7.23%
- 3Y*
- 3.16%
- 5Y*
- 2.41%
- 10Y*
- —
XQUA.L
- 1D
- 0.73%
- 1M
- -2.07%
- YTD
- -1.10%
- 6M
- -0.10%
- 1Y
- 6.10%
- 3Y*
- 4.48%
- 5Y*
- -0.04%
- 10Y*
- —
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DRGN.L vs. XQUA.L - Expense Ratio Comparison
DRGN.L has a 0.30% expense ratio, which is lower than XQUA.L's 0.45% expense ratio.
Return for Risk
DRGN.L vs. XQUA.L — Risk / Return Rank
DRGN.L
XQUA.L
DRGN.L vs. XQUA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G China CNY Bond UCITS ETF (DRGN.L) and Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D (XQUA.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.
| DRGN.L | XQUA.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.10 | 1.18 | +0.92 |
Sortino ratioReturn per unit of downside risk | 2.98 | 1.68 | +1.30 |
Omega ratioGain probability vs. loss probability | 1.48 | 1.22 | +0.26 |
Calmar ratioReturn relative to maximum drawdown | 4.88 | 1.52 | +3.36 |
Martin ratioReturn relative to average drawdown | 19.90 | 5.78 | +14.12 |
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
| DRGN.L | XQUA.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.10 | 1.18 | +0.92 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.53 | -0.00 | +0.53 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 0.09 | +0.44 |
Correlation
The correlation between DRGN.L and XQUA.L is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
DRGN.L vs. XQUA.L - Dividend Comparison
DRGN.L's dividend yield for the trailing twelve months is around 1.68%, less than XQUA.L's 4.71% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
DRGN.L L&G China CNY Bond UCITS ETF | 1.68% | 1.94% | 2.31% | 2.45% | 2.76% | 1.44% | 0.00% |
XQUA.L Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D | 4.71% | 4.49% | 4.61% | 4.24% | 6.92% | 4.08% | 4.54% |
Drawdowns
DRGN.L vs. XQUA.L - Drawdown Comparison
The maximum DRGN.L drawdown since its inception was -11.71%, smaller than the maximum XQUA.L drawdown of -26.27%. Use the drawdown chart below to compare losses from any high point for DRGN.L and XQUA.L.
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Drawdown Indicators
| DRGN.L | XQUA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.71% | -26.27% | +14.56% |
Max Drawdown (1Y)Largest decline over 1 year | -1.47% | -4.02% | +2.55% |
Max Drawdown (5Y)Largest decline over 5 years | -11.71% | -26.26% | +14.55% |
Current DrawdownCurrent decline from peak | -1.35% | -4.88% | +3.53% |
Average DrawdownAverage peak-to-trough decline | -3.72% | -7.80% | +4.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.36% | 1.06% | -0.70% |
Volatility
DRGN.L vs. XQUA.L - Volatility Comparison
L&G China CNY Bond UCITS ETF (DRGN.L) has a higher volatility of 2.25% compared to Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D (XQUA.L) at 2.05%. This indicates that DRGN.L's price experiences larger fluctuations and is considered to be riskier than XQUA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DRGN.L | XQUA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.25% | 2.05% | +0.20% |
Volatility (6M)Calculated over the trailing 6-month period | 2.74% | 3.06% | -0.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.44% | 5.20% | -1.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.57% | 7.96% | -3.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.55% | 8.67% | -4.12% |