TDAX vs. DBPE.DE
TDAX (TDAQ Lift ETF) and DBPE.DE (Xtrackers LevDAX Daily Swap UCITS ETF (Acc)) are both Leveraged Equities funds. TDAX is actively managed, while DBPE.DE is passively managed. A 0.52 correlation means they provide meaningful diversification when combined. TDAX charges 0.98%/yr vs 0.35%/yr for DBPE.DE.
Performance
TDAX vs. DBPE.DE - Performance Comparison
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Different Trading Currencies
TDAX is traded in USD, while DBPE.DE is traded in EUR. To make them comparable, the DBPE.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
TDAX
- 1D
- -1.67%
- 1M
- -3.90%
- 6M
- 13.29%
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DBPE.DE
- 1D
- -0.98%
- 1M
- -1.90%
- 6M
- -8.20%
- YTD
- -3.25%
- 1Y
- -0.63%
- 3Y*
- 25.77%
- 5Y*
- 12.55%
- 10Y*
- 13.85%
TDAX vs. DBPE.DE - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
TDAX TDAQ Lift ETF | 12.65% |
DBPE.DE Xtrackers LevDAX Daily Swap UCITS ETF (Acc) | -5.53% |
Correlation
The correlation between TDAX and DBPE.DE is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 7, 2026 | 0.52 |
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Return for Risk
TDAX vs. DBPE.DE — Risk / Return Rank
TDAX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
DBPE.DE
TDAX vs. DBPE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TDAQ Lift ETF (TDAX) and Xtrackers LevDAX Daily Swap UCITS ETF (Acc) (DBPE.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.
| TDAX | DBPE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.03 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.02 | — |
| Martin ratioReturn relative to average drawdown | — | -0.07 | — |
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Drawdowns
TDAX vs. DBPE.DE - Drawdown Comparison
The maximum TDAX drawdown since its inception was -14.69%, smaller than the maximum DBPE.DE drawdown of -68.84%. Use the drawdown chart below to compare losses from any high point for TDAX and DBPE.DE.
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Drawdown Indicators
| TDAX | DBPE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.69% | -68.84% | +54.15% |
Max Drawdown (1Y)Largest decline over 1 year | — | -25.16% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -29.95% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -56.11% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -68.84% | — |
Current DrawdownCurrent decline from peak | -7.47% | -9.18% | +1.71% |
Average DrawdownAverage peak-to-trough decline | -3.99% | -18.90% | +14.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 8.60% | — |
Volatility
TDAX vs. DBPE.DE - Volatility Comparison
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Volatility by Period
| TDAX | DBPE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 9.59% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 28.34% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 27.54% | 33.37% | -5.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.54% | 36.96% | -9.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.54% | 37.60% | -10.06% |
TDAX vs. DBPE.DE - Expense Ratio Comparison
TDAX has a 0.98% expense ratio, which is higher than DBPE.DE's 0.35% expense ratio.
Dividends
TDAX vs. DBPE.DE - Dividend Comparison
TDAX's dividend yield for the trailing twelve months is around 10.98%, while DBPE.DE has not paid dividends to shareholders.
| Position | TTM |
|---|---|
DBPE.DE Xtrackers LevDAX Daily Swap UCITS ETF (Acc) | 0.00% |
TDAX TDAQ Lift ETF | 10.98% |
Frequently Asked Questions
TDAX and DBPE.DE have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DBPE.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DBPE.DE is cheaper with a 0.35% expense ratio, compared with 0.98% for TDAX.
They also come from different issuers: TappAlpha and Xtrackers. Their fees differ too: 0.98% for TDAX and 0.35% for DBPE.DE.
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