DXSP.DE vs. XEON.DE
DXSP.DE (Xtrackers Euro Stoxx 50 Short Daily Swap UCITS ETF (Acc)) and XEON.DE (Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C) are both exchange-traded funds - DXSP.DE is a Inverse Equities fund tracking the EURO STOXX 50 Short Index, while XEON.DE is a Bank Loan fund tracking the Solactive €STR +8.5 Daily Index. Both are passively managed. Over the past 10 years, DXSP.DE returned -12.36%/yr vs 0.72%/yr for XEON.DE. At a 0.00 correlation, their price movements are largely independent. DXSP.DE charges 0.40%/yr vs 0.10%/yr for XEON.DE.
Performance
DXSP.DE vs. XEON.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DXSP.DE achieves a -10.98% return, which is significantly lower than XEON.DE's 0.98% return. Over the past 10 years, DXSP.DE has underperformed XEON.DE with an annualized return of -12.36%, while XEON.DE has yielded a comparatively higher 0.72% annualized return.
DXSP.DE
- 1D
- -0.78%
- 1M
- -5.37%
- 6M
- -10.19%
- YTD
- -10.98%
- 1Y
- -17.31%
- 3Y*
- -11.17%
- 5Y*
- -10.52%
- 10Y*
- -12.36%
XEON.DE
- 1D
- 0.00%
- 1M
- 0.17%
- 6M
- 0.97%
- YTD
- 0.98%
- 1Y
- 1.98%
- 3Y*
- 2.96%
- 5Y*
- 1.98%
- 10Y*
- 0.72%
DXSP.DE vs. XEON.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DXSP.DE Xtrackers Euro Stoxx 50 Short Daily Swap UCITS ETF (Acc) | -10.98% | -16.45% | -4.98% | -15.04% | 3.40% | -21.77% | -8.52% | -25.52% | 9.97% | -11.86% |
XEON.DE Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | 0.98% | 2.25% | 3.78% | 3.30% | -0.04% | -0.58% | -0.57% | -0.49% | -0.47% | -0.52% |
Correlation
The correlation between DXSP.DE and XEON.DE is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.01 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2008 | 0.00 |
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
DXSP.DE vs. XEON.DE — Risk / Return Rank
DXSP.DE
XEON.DE
DXSP.DE vs. XEON.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Euro Stoxx 50 Short Daily Swap UCITS ETF (Acc) (DXSP.DE) and Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.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.
| DXSP.DE | XEON.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -10.13 | ||
| Sortino ratioReturn per unit of downside risk | -23.41 | ||
| Omega ratioGain probability vs. loss probability | 0.83 | 4.45 | -3.62 |
| Calmar ratioReturn relative to maximum drawdown | -0.86 | 69.56 | -70.43 |
| Martin ratioReturn relative to average drawdown | -1.64 | 323.59 | -325.24 |
Loading charts...
Drawdowns
DXSP.DE vs. XEON.DE - Drawdown Comparison
The maximum DXSP.DE drawdown since its inception was -91.81%, which is greater than XEON.DE's maximum drawdown of -3.71%. Use the drawdown chart below to compare losses from any high point for DXSP.DE and XEON.DE.
Loading charts...
Drawdown Indicators
| DXSP.DE | XEON.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.81% | -3.71% | -88.10% |
Max Drawdown (1Y)Largest decline over 1 year | -20.03% | -0.03% | -20.00% |
Max Drawdown (3Y)Largest decline over 3 years | -36.76% | -0.08% | -36.68% |
Max Drawdown (5Y)Largest decline over 5 years | -48.59% | -0.66% | -47.93% |
Max Drawdown (10Y)Largest decline over 10 years | -73.71% | -3.21% | -70.50% |
Current DrawdownCurrent decline from peak | -91.81% | 0.00% | -91.81% |
Average DrawdownAverage peak-to-trough decline | -65.04% | -0.88% | -64.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.51% | 0.01% | +10.50% |
Volatility
DXSP.DE vs. XEON.DE - Volatility Comparison
Xtrackers Euro Stoxx 50 Short Daily Swap UCITS ETF (Acc) (DXSP.DE) has a higher volatility of 3.80% compared to Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.DE) at 0.05%. This indicates that DXSP.DE's price experiences larger fluctuations and is considered to be riskier than XEON.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DXSP.DE | XEON.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.80% | 0.05% | +3.75% |
Volatility (6M)Calculated over the trailing 6-month period | 13.48% | 0.15% | +13.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.08% | 0.22% | +15.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.59% | 0.25% | +17.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.96% | 0.39% | +17.57% |
DXSP.DE vs. XEON.DE - Expense Ratio Comparison
DXSP.DE has a 0.40% expense ratio, which is higher than XEON.DE's 0.10% expense ratio.
Dividends
DXSP.DE vs. XEON.DE - Dividend Comparison
Neither DXSP.DE nor XEON.DE has paid dividends to shareholders.
Frequently Asked Questions
DXSP.DE and XEON.DE have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XEON.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XEON.DE is cheaper with a 0.10% expense ratio, compared with 0.40% for DXSP.DE.
DXSP.DE is categorized as Inverse Equities, while XEON.DE is Bank Loan. DXSP.DE tracks EURO STOXX 50 Short Index, while XEON.DE tracks Solactive €STR +8.5 Daily Index. Their fees differ too: 0.40% for DXSP.DE and 0.10% for XEON.DE.
Find the right allocation for DXSP.DE and XEON.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