LYQS.DE vs. XQUD.DE
LYQS.DE (Amundi USD Emerging Markets Government Bond UCITS ETF (Dist)) and XQUD.DE (Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF) are both Emerging Markets Bonds funds - LYQS.DE tracks the J.P. Morgan EMBI Global Diversified Select Index while XQUD.DE tracks the iBoxx® MSCI ESG USD Emerging Markets Sovereigns Quality Weighted. Both are passively managed. Over the past 3 years, LYQS.DE returned 5.80%/yr vs 3.78%/yr for XQUD.DE. Their correlation of 0.84 suggests significant overlap in exposure. LYQS.DE charges 0.25%/yr vs 0.45%/yr for XQUD.DE.
Performance
LYQS.DE vs. XQUD.DE - Performance Comparison
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Returns By Period
In the year-to-date period, LYQS.DE achieves a 4.61% return, which is significantly higher than XQUD.DE's 2.96% return.
LYQS.DE
- 1D
- 0.10%
- 1M
- 0.68%
- 6M
- 3.34%
- YTD
- 4.61%
- 1Y
- 10.90%
- 3Y*
- 5.80%
- 5Y*
- 1.43%
- 10Y*
- 1.37%
XQUD.DE
- 1D
- 0.00%
- 1M
- 0.25%
- 6M
- 1.78%
- YTD
- 2.96%
- 1Y
- 7.40%
- 3Y*
- 3.78%
- 5Y*
- —
- 10Y*
- —
LYQS.DE vs. XQUD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
LYQS.DE Amundi USD Emerging Markets Government Bond UCITS ETF (Dist) | 4.61% | 0.04% | 6.43% | 5.45% | 0.30% |
XQUD.DE Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF | 2.96% | -1.36% | 5.23% | 3.70% | -0.19% |
Correlation
The correlation between LYQS.DE and XQUD.DE is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.88 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Jun 28, 2022 | 0.84 |
The correlation between LYQS.DE and XQUD.DE has been stable across timeframes, ranging from 0.84 to 0.89 - a consistent structural relationship.
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Return for Risk
LYQS.DE vs. XQUD.DE — Risk / Return Rank
LYQS.DE
XQUD.DE
LYQS.DE vs. XQUD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi USD Emerging Markets Government Bond UCITS ETF (Dist) (LYQS.DE) and Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF (XQUD.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.
| LYQS.DE | XQUD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.58 | ||
| Sortino ratioReturn per unit of downside risk | +0.85 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.25 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 3.88 | 1.94 | +1.94 |
| Martin ratioReturn relative to average drawdown | 11.90 | 5.79 | +6.12 |
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Drawdowns
LYQS.DE vs. XQUD.DE - Drawdown Comparison
The maximum LYQS.DE drawdown since its inception was -33.51%, which is greater than XQUD.DE's maximum drawdown of -12.01%. Use the drawdown chart below to compare losses from any high point for LYQS.DE and XQUD.DE.
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Drawdown Indicators
| LYQS.DE | XQUD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.51% | -12.01% | -21.50% |
Max Drawdown (1Y)Largest decline over 1 year | -2.80% | -3.84% | +1.04% |
Max Drawdown (3Y)Largest decline over 3 years | -12.78% | -11.40% | -1.38% |
Max Drawdown (5Y)Largest decline over 5 years | -16.18% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -25.61% | — | — |
Current DrawdownCurrent decline from peak | -1.60% | -2.05% | +0.45% |
Average DrawdownAverage peak-to-trough decline | -12.89% | -5.42% | -7.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.91% | 1.28% | -0.37% |
Volatility
LYQS.DE vs. XQUD.DE - Volatility Comparison
The current volatility for Amundi USD Emerging Markets Government Bond UCITS ETF (Dist) (LYQS.DE) is 1.07%, while Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF (XQUD.DE) has a volatility of 1.14%. This indicates that LYQS.DE experiences smaller price fluctuations and is considered to be less risky than XQUD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LYQS.DE | XQUD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.07% | 1.14% | -0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 3.93% | 3.77% | +0.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.82% | 5.73% | +0.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.62% | 7.94% | +1.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.02% | 7.94% | +9.08% |
LYQS.DE vs. XQUD.DE - Expense Ratio Comparison
LYQS.DE has a 0.25% expense ratio, which is lower than XQUD.DE's 0.45% expense ratio.
Dividends
LYQS.DE vs. XQUD.DE - Dividend Comparison
LYQS.DE's dividend yield for the trailing twelve months is around 5.12%, while XQUD.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LYQS.DE Amundi USD Emerging Markets Government Bond UCITS ETF (Dist) | 5.12% | 5.36% | 3.57% | 6.06% | 6.00% | 4.33% | 4.48% | 5.10% | 5.08% | 5.40% | 5.15% | 6.61% |
XQUD.DE Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF | 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
LYQS.DE and XQUD.DE have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LYQS.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LYQS.DE is cheaper with a 0.25% expense ratio, compared with 0.45% for XQUD.DE.
LYQS.DE tracks J.P. Morgan EMBI Global Diversified Select Index, while XQUD.DE tracks iBoxx® MSCI ESG USD Emerging Markets Sovereigns Quality Weighted. They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.25% for LYQS.DE and 0.45% for XQUD.DE.
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