IQQE.DE vs. XGLF.DE
IQQE.DE (iShares MSCI EM UCITS ETF (Dist)) and XGLF.DE (Xtrackers MSCI GCC Select Swap UCITS ETF (Acc)) are both Emerging Markets Equities funds - IQQE.DE tracks the MSCI Emerging Markets while XGLF.DE tracks the MSCI GCC Countries ex Select Securities Index. Both are passively managed. Over the past 10 years, IQQE.DE returned 8.15%/yr vs 7.33%/yr for XGLF.DE. At a 0.44 correlation, their price movements are largely independent. IQQE.DE charges 0.18%/yr vs 0.65%/yr for XGLF.DE.
Performance
IQQE.DE vs. XGLF.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IQQE.DE achieves a 18.67% return, which is significantly higher than XGLF.DE's 4.58% return. Over the past 10 years, IQQE.DE has outperformed XGLF.DE with an annualized return of 8.15%, while XGLF.DE has yielded a comparatively lower 7.33% annualized return.
IQQE.DE
- 1D
- -2.05%
- 1M
- -8.59%
- 6M
- 11.50%
- YTD
- 18.67%
- 1Y
- 32.79%
- 3Y*
- 18.16%
- 5Y*
- 7.00%
- 10Y*
- 8.15%
XGLF.DE
- 1D
- -0.17%
- 1M
- -2.76%
- 6M
- -1.28%
- YTD
- 4.58%
- 1Y
- 2.52%
- 3Y*
- 3.40%
- 5Y*
- 5.07%
- 10Y*
- 7.33%
IQQE.DE vs. XGLF.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IQQE.DE iShares MSCI EM UCITS ETF (Dist) | 18.67% | 19.78% | 13.75% | 5.62% | -14.16% | 4.19% | 7.48% | 20.27% | -11.32% | 19.91% |
XGLF.DE Xtrackers MSCI GCC Select Swap UCITS ETF (Acc) | 4.58% | -5.36% | 9.58% | 0.55% | 1.24% | 48.84% | -9.49% | 9.50% | 22.95% | -7.49% |
Correlation
The correlation between IQQE.DE and XGLF.DE is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Feb 5, 2015 | 0.44 |
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Return for Risk
IQQE.DE vs. XGLF.DE — Risk / Return Rank
IQQE.DE
XGLF.DE
IQQE.DE vs. XGLF.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EM UCITS ETF (Dist) (IQQE.DE) and Xtrackers MSCI GCC Select Swap UCITS ETF (Acc) (XGLF.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.
| IQQE.DE | XGLF.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.41 | ||
| Sortino ratioReturn per unit of downside risk | +1.83 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.05 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 2.84 | 0.28 | +2.56 |
| Martin ratioReturn relative to average drawdown | 8.99 | 0.60 | +8.39 |
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Drawdowns
IQQE.DE vs. XGLF.DE - Drawdown Comparison
The maximum IQQE.DE drawdown since its inception was -59.91%, which is greater than XGLF.DE's maximum drawdown of -42.15%. Use the drawdown chart below to compare losses from any high point for IQQE.DE and XGLF.DE.
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Drawdown Indicators
| IQQE.DE | XGLF.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.91% | -42.15% | -17.76% |
Max Drawdown (1Y)Largest decline over 1 year | -11.49% | -9.05% | -2.44% |
Max Drawdown (3Y)Largest decline over 3 years | -19.42% | -18.41% | -1.01% |
Max Drawdown (5Y)Largest decline over 5 years | -22.94% | -31.29% | +8.35% |
Max Drawdown (10Y)Largest decline over 10 years | -31.68% | -35.16% | +3.48% |
Current DrawdownCurrent decline from peak | -11.49% | -18.93% | +7.44% |
Average DrawdownAverage peak-to-trough decline | -13.04% | -18.25% | +5.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.64% | 4.18% | -0.54% |
Volatility
IQQE.DE vs. XGLF.DE - Volatility Comparison
iShares MSCI EM UCITS ETF (Dist) (IQQE.DE) has a higher volatility of 8.56% compared to Xtrackers MSCI GCC Select Swap UCITS ETF (Acc) (XGLF.DE) at 3.12%. This indicates that IQQE.DE's price experiences larger fluctuations and is considered to be riskier than XGLF.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IQQE.DE | XGLF.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.56% | 3.12% | +5.44% |
Volatility (6M)Calculated over the trailing 6-month period | 17.87% | 9.08% | +8.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.30% | 12.57% | +7.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.32% | 15.37% | +1.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.48% | 18.33% | +0.15% |
IQQE.DE vs. XGLF.DE - Expense Ratio Comparison
IQQE.DE has a 0.18% expense ratio, which is lower than XGLF.DE's 0.65% expense ratio.
Dividends
IQQE.DE vs. XGLF.DE - Dividend Comparison
IQQE.DE's dividend yield for the trailing twelve months is around 1.59%, while XGLF.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IQQE.DE iShares MSCI EM UCITS ETF (Dist) | 1.59% | 1.87% | 2.19% | 2.34% | 2.92% | 1.99% | 1.53% | 1.76% | 1.94% | 1.42% | 1.61% | 2.23% |
XGLF.DE Xtrackers MSCI GCC Select Swap UCITS ETF (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IQQE.DE and XGLF.DE have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IQQE.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IQQE.DE is cheaper with a 0.18% expense ratio, compared with 0.65% for XGLF.DE.
IQQE.DE tracks MSCI Emerging Markets, while XGLF.DE tracks MSCI GCC Countries ex Select Securities Index. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.18% for IQQE.DE and 0.65% for XGLF.DE.
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