SPQB.DE vs. XDEE.DE
SPQB.DE (Global X S&P 500 Quarterly Buffer UCITS ETF) and XDEE.DE (Xtrackers S&P 500 Equal Weight UCITS ETF EUR Hedged (Acc)) are both S&P 500 funds - SPQB.DE tracks the Cboe S&P 500 15% WHT Quarterly 5% Buffer Protect while XDEE.DE tracks the S&P 500 Equal Weight Index (EUR Hedged). Both are passively managed. Over the past 3 years, SPQB.DE returned 10.79%/yr vs 10.85%/yr for XDEE.DE. At a 0.22 correlation, their price movements are largely independent. SPQB.DE charges 0.50%/yr vs 0.30%/yr for XDEE.DE.
Performance
SPQB.DE vs. XDEE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SPQB.DE achieves a 8.01% return, which is significantly lower than XDEE.DE's 10.05% return.
SPQB.DE
- 1D
- 0.00%
- 1M
- 1.95%
- 6M
- 6.60%
- YTD
- 8.01%
- 1Y
- 13.67%
- 3Y*
- 10.79%
- 5Y*
- —
- 10Y*
- —
XDEE.DE
- 1D
- -0.33%
- 1M
- 0.91%
- 6M
- 7.05%
- YTD
- 10.05%
- 1Y
- 15.49%
- 3Y*
- 10.85%
- 5Y*
- —
- 10Y*
- —
SPQB.DE vs. XDEE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
SPQB.DE Global X S&P 500 Quarterly Buffer UCITS ETF | 8.01% | -0.77% | 20.64% | 4.26% |
XDEE.DE Xtrackers S&P 500 Equal Weight UCITS ETF EUR Hedged (Acc) | 10.05% | 9.31% | 10.02% | 4.56% |
Correlation
The correlation between SPQB.DE and XDEE.DE is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Feb 21, 2023 | 0.22 |
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Return for Risk
SPQB.DE vs. XDEE.DE — Risk / Return Rank
SPQB.DE
XDEE.DE
SPQB.DE vs. XDEE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X S&P 500 Quarterly Buffer UCITS ETF (SPQB.DE) and Xtrackers S&P 500 Equal Weight UCITS ETF EUR Hedged (Acc) (XDEE.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.
| SPQB.DE | XDEE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.49 | ||
| Sortino ratioReturn per unit of downside risk | +0.44 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.26 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 4.43 | 2.13 | +2.30 |
| Martin ratioReturn relative to average drawdown | 12.84 | 7.53 | +5.31 |
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Drawdowns
SPQB.DE vs. XDEE.DE - Drawdown Comparison
The maximum SPQB.DE drawdown since its inception was -16.15%, smaller than the maximum XDEE.DE drawdown of -22.64%. Use the drawdown chart below to compare losses from any high point for SPQB.DE and XDEE.DE.
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Drawdown Indicators
| SPQB.DE | XDEE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.15% | -22.64% | +6.49% |
Max Drawdown (1Y)Largest decline over 1 year | -3.10% | -7.23% | +4.13% |
Max Drawdown (3Y)Largest decline over 3 years | -16.15% | -18.93% | +2.78% |
Current DrawdownCurrent decline from peak | -0.17% | -0.49% | +0.32% |
Average DrawdownAverage peak-to-trough decline | -2.81% | -7.26% | +4.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.07% | 2.05% | -0.98% |
Volatility
SPQB.DE vs. XDEE.DE - Volatility Comparison
The current volatility for Global X S&P 500 Quarterly Buffer UCITS ETF (SPQB.DE) is 1.55%, while Xtrackers S&P 500 Equal Weight UCITS ETF EUR Hedged (Acc) (XDEE.DE) has a volatility of 2.81%. This indicates that SPQB.DE experiences smaller price fluctuations and is considered to be less risky than XDEE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPQB.DE | XDEE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.55% | 2.81% | -1.26% |
Volatility (6M)Calculated over the trailing 6-month period | 4.29% | 7.88% | -3.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.29% | 10.87% | -3.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.82% | 16.19% | -6.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.82% | 16.19% | -6.37% |
SPQB.DE vs. XDEE.DE - Expense Ratio Comparison
SPQB.DE has a 0.50% expense ratio, which is higher than XDEE.DE's 0.30% expense ratio.
Dividends
SPQB.DE vs. XDEE.DE - Dividend Comparison
Neither SPQB.DE nor XDEE.DE has paid dividends to shareholders.
Frequently Asked Questions
SPQB.DE and XDEE.DE have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDEE.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDEE.DE is cheaper with a 0.30% expense ratio, compared with 0.50% for SPQB.DE.
SPQB.DE tracks Cboe S&P 500 15% WHT Quarterly 5% Buffer Protect, while XDEE.DE tracks S&P 500 Equal Weight Index (EUR Hedged). They also come from different issuers: Global X and Xtrackers. Their fees differ too: 0.50% for SPQB.DE and 0.30% for XDEE.DE.
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