SNAZ.DE vs. XQUA.DE
SNAZ.DE (iShares J.P. Morgan $ EM Corp Bond UCITS ETF EUR Hedged (Acc)) and XQUA.DE (Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D) are both Emerging Markets Bonds funds - SNAZ.DE tracks the J.P. Morgan CEMBI Broad Diversified Core Index (EUR Hedged) while XQUA.DE tracks the JPM EMBI Global Diversified TR USD. Both are passively managed. Over the past 5 years, SNAZ.DE returned -0.19%/yr vs 0.12%/yr for XQUA.DE. At a 0.35 correlation, their price movements are largely independent. SNAZ.DE charges 0.53%/yr vs 0.45%/yr for XQUA.DE.
Performance
SNAZ.DE vs. XQUA.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SNAZ.DE achieves a 0.59% return, which is significantly lower than XQUA.DE's 3.11% return.
SNAZ.DE
- 1D
- 0.39%
- 1M
- -0.19%
- 6M
- 0.39%
- YTD
- 0.59%
- 1Y
- 3.64%
- 3Y*
- 4.79%
- 5Y*
- -0.19%
- 10Y*
- —
XQUA.DE
- 1D
- 0.11%
- 1M
- 0.33%
- 6M
- 1.88%
- YTD
- 3.11%
- 1Y
- 7.50%
- 3Y*
- 3.82%
- 5Y*
- 0.12%
- 10Y*
- 1.36%
SNAZ.DE vs. XQUA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SNAZ.DE iShares J.P. Morgan $ EM Corp Bond UCITS ETF EUR Hedged (Acc) | 0.59% | 6.26% | 4.36% | 5.28% | -14.17% | -1.55% | 5.52% |
XQUA.DE Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D | 3.11% | -1.36% | 5.24% | 3.95% | -12.55% | 6.78% | -3.84% |
Correlation
The correlation between SNAZ.DE and XQUA.DE is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Mar 9, 2020 | 0.35 |
The correlation between SNAZ.DE and XQUA.DE shifts across timeframes, from 0.18 (1 year) to 0.37 (5 years), reflecting how their relationship changes across market environments.
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
SNAZ.DE vs. XQUA.DE — Risk / Return Rank
SNAZ.DE
XQUA.DE
SNAZ.DE vs. XQUA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares J.P. Morgan $ EM Corp Bond UCITS ETF EUR Hedged (Acc) (SNAZ.DE) and Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D (XQUA.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.
| SNAZ.DE | XQUA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.20 | ||
| Sortino ratioReturn per unit of downside risk | -0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.24 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.25 | 1.84 | -0.59 |
| Martin ratioReturn relative to average drawdown | 4.53 | 5.50 | -0.97 |
Loading charts...
Drawdowns
SNAZ.DE vs. XQUA.DE - Drawdown Comparison
The maximum SNAZ.DE drawdown since its inception was -21.88%, which is greater than XQUA.DE's maximum drawdown of -20.21%. Use the drawdown chart below to compare losses from any high point for SNAZ.DE and XQUA.DE.
Loading charts...
Drawdown Indicators
| SNAZ.DE | XQUA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.88% | -20.21% | -1.67% |
Max Drawdown (1Y)Largest decline over 1 year | -2.91% | -4.06% | +1.15% |
Max Drawdown (3Y)Largest decline over 3 years | -3.82% | -11.47% | +7.65% |
Max Drawdown (5Y)Largest decline over 5 years | -21.88% | -16.16% | -5.72% |
Max Drawdown (10Y)Largest decline over 10 years | — | -20.21% | — |
Current DrawdownCurrent decline from peak | -1.73% | -5.07% | +3.34% |
Average DrawdownAverage peak-to-trough decline | -7.60% | -8.26% | +0.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.80% | 1.36% | -0.56% |
Volatility
SNAZ.DE vs. XQUA.DE - Volatility Comparison
The current volatility for iShares J.P. Morgan $ EM Corp Bond UCITS ETF EUR Hedged (Acc) (SNAZ.DE) is 1.09%, while Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D (XQUA.DE) has a volatility of 1.32%. This indicates that SNAZ.DE experiences smaller price fluctuations and is considered to be less risky than XQUA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SNAZ.DE | XQUA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.09% | 1.32% | -0.23% |
Volatility (6M)Calculated over the trailing 6-month period | 2.81% | 3.77% | -0.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.45% | 6.10% | -2.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.07% | 8.33% | -3.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.63% | 8.81% | -1.18% |
SNAZ.DE vs. XQUA.DE - Expense Ratio Comparison
SNAZ.DE has a 0.53% expense ratio, which is higher than XQUA.DE's 0.45% expense ratio.
Dividends
SNAZ.DE vs. XQUA.DE - Dividend Comparison
SNAZ.DE has not paid dividends to shareholders, while XQUA.DE's dividend yield for the trailing twelve months is around 4.52%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
SNAZ.DE iShares J.P. Morgan $ EM Corp Bond UCITS ETF EUR Hedged (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XQUA.DE Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D | 4.52% | 4.80% | 4.40% | 4.34% | 7.07% | 3.83% | 4.92% | 4.19% | 3.08% | 3.74% |
Frequently Asked Questions
SNAZ.DE and XQUA.DE have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XQUA.DE is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XQUA.DE is cheaper with a 0.45% expense ratio, compared with 0.53% for SNAZ.DE.
SNAZ.DE tracks J.P. Morgan CEMBI Broad Diversified Core Index (EUR Hedged), while XQUA.DE tracks JPM EMBI Global Diversified TR USD. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.53% for SNAZ.DE and 0.45% for XQUA.DE.
Find the right allocation for SNAZ.DE and XQUA.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