FRCK.DE vs. XUEB.DE
FRCK.DE (UBS ETF (LU) Bloomberg USD Emerging Markets Sovereign UCITS ETF (EUR Hedged) Acc) and XUEB.DE (Xtrackers II USD Emerging Markets Bond UCITS ETF 2C) are both Emerging Markets Bonds funds - FRCK.DE tracks the Bloomberg Emerging Markets USD Sovereign & Agency 3% Country Capped (EUR Hedged) while XUEB.DE tracks the JPM EMBI Global Diversified TR USD. Both are passively managed. Over the past 5 years, FRCK.DE returned 0.19%/yr vs 2.85%/yr for XUEB.DE. A 0.51 correlation means they provide meaningful diversification when combined. FRCK.DE charges 0.28%/yr vs 0.25%/yr for XUEB.DE.
Performance
FRCK.DE vs. XUEB.DE - Performance Comparison
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Returns By Period
In the year-to-date period, FRCK.DE achieves a 1.67% return, which is significantly lower than XUEB.DE's 3.66% return.
FRCK.DE
- 1D
- 0.27%
- 1M
- 1.11%
- YTD
- 1.67%
- 6M
- 2.34%
- 1Y
- 10.92%
- 3Y*
- 9.35%
- 5Y*
- 0.19%
- 10Y*
- 1.49%
XUEB.DE
- 1D
- -0.10%
- 1M
- 1.69%
- YTD
- 3.66%
- 6M
- 3.38%
- 1Y
- 10.40%
- 3Y*
- 7.25%
- 5Y*
- 2.85%
- 10Y*
- —
FRCK.DE vs. XUEB.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FRCK.DE UBS ETF (LU) Bloomberg USD Emerging Markets Sovereign UCITS ETF (EUR Hedged) Acc | 1.67% | 12.81% | 5.36% | 9.70% | -22.07% | -3.88% | 12.72% |
XUEB.DE Xtrackers II USD Emerging Markets Bond UCITS ETF 2C | 3.66% | 1.23% | 11.99% | 7.34% | -14.37% | 5.65% | -0.25% |
Correlation
The correlation between FRCK.DE and XUEB.DE is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since May 25, 2020 | 0.51 |
Over the past year, the correlation between FRCK.DE and XUEB.DE has dropped to 0.27 - well below their long-term average of 0.51, suggesting their price drivers have been diverging.
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Return for Risk
FRCK.DE vs. XUEB.DE — Risk / Return Rank
FRCK.DE
XUEB.DE
FRCK.DE vs. XUEB.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) Bloomberg USD Emerging Markets Sovereign UCITS ETF (EUR Hedged) Acc (FRCK.DE) and Xtrackers II USD Emerging Markets Bond UCITS ETF 2C (XUEB.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.
| FRCK.DE | XUEB.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.29 | ||
| Sortino ratioReturn per unit of downside risk | +0.64 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.33 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.42 | 3.83 | -1.41 |
| Martin ratioReturn relative to average drawdown | 10.09 | 10.83 | -0.74 |
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
| FRCK.DE | XUEB.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.03 | 1.75 | +0.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.02 | 0.32 | -0.30 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.16 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.17 | 0.25 | -0.08 |
Drawdowns
FRCK.DE vs. XUEB.DE - Drawdown Comparison
The maximum FRCK.DE drawdown since its inception was -32.71%, which is greater than XUEB.DE's maximum drawdown of -17.41%. Use the drawdown chart below to compare losses from any high point for FRCK.DE and XUEB.DE.
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Drawdown Indicators
| FRCK.DE | XUEB.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.71% | -17.41% | -15.30% |
Max Drawdown (1Y)Largest decline over 1 year | -4.49% | -2.70% | -1.79% |
Max Drawdown (3Y)Largest decline over 3 years | -7.78% | -13.41% | +5.63% |
Max Drawdown (5Y)Largest decline over 5 years | -32.71% | -17.41% | -15.30% |
Max Drawdown (10Y)Largest decline over 10 years | -32.71% | — | — |
Current DrawdownCurrent decline from peak | -0.97% | -0.40% | -0.57% |
Average DrawdownAverage peak-to-trough decline | -8.76% | -6.25% | -2.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.08% | 0.96% | +0.12% |
Volatility
FRCK.DE vs. XUEB.DE - Volatility Comparison
UBS ETF (LU) Bloomberg USD Emerging Markets Sovereign UCITS ETF (EUR Hedged) Acc (FRCK.DE) has a higher volatility of 1.80% compared to Xtrackers II USD Emerging Markets Bond UCITS ETF 2C (XUEB.DE) at 1.29%. This indicates that FRCK.DE's price experiences larger fluctuations and is considered to be riskier than XUEB.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FRCK.DE | XUEB.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.80% | 1.29% | +0.51% |
Volatility (6M)Calculated over the trailing 6-month period | 4.38% | 3.95% | +0.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.38% | 5.93% | -0.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.01% | 8.74% | +0.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.29% | 8.56% | +0.73% |
FRCK.DE vs. XUEB.DE - Expense Ratio Comparison
FRCK.DE has a 0.28% expense ratio, which is higher than XUEB.DE's 0.25% expense ratio.
Dividends
FRCK.DE vs. XUEB.DE - Dividend Comparison
Neither FRCK.DE nor XUEB.DE has paid dividends to shareholders.
Frequently Asked Questions
FRCK.DE and XUEB.DE have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XUEB.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XUEB.DE is cheaper with a 0.25% expense ratio, compared with 0.28% for FRCK.DE.
FRCK.DE tracks Bloomberg Emerging Markets USD Sovereign & Agency 3% Country Capped (EUR Hedged), while XUEB.DE tracks JPM EMBI Global Diversified TR USD. They also come from different issuers: UBS and Xtrackers. Their fees differ too: 0.28% for FRCK.DE and 0.25% for XUEB.DE.
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