X710.DE vs. XMME.DE
X710.DE (Xtrackers II Eurozone Government Bond 7-10 UCITS ETF) and XMME.DE (Xtrackers MSCI Emerging Markets UCITS ETF 1C) are both exchange-traded funds - X710.DE is a European Government Bonds fund tracking the Markit iBoxx® EUR Eurozone 7-10, while XMME.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets. Both are passively managed. Over the past 5 years, X710.DE returned -2.29%/yr vs 8.66%/yr for XMME.DE. At a 0.05 correlation, their price movements are largely independent. X710.DE charges 0.15%/yr vs 0.18%/yr for XMME.DE.
Performance
X710.DE vs. XMME.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, X710.DE achieves a 0.09% return, which is significantly lower than XMME.DE's 30.06% return.
X710.DE
- 1D
- 0.11%
- 1M
- 0.04%
- YTD
- 0.09%
- 6M
- 0.11%
- 1Y
- 0.75%
- 3Y*
- 2.66%
- 5Y*
- -2.29%
- 10Y*
- -0.16%
XMME.DE
- 1D
- -1.04%
- 1M
- 5.19%
- YTD
- 30.06%
- 6M
- 29.85%
- 1Y
- 50.91%
- 3Y*
- 21.36%
- 5Y*
- 8.66%
- 10Y*
- —
X710.DE vs. XMME.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
X710.DE Xtrackers II Eurozone Government Bond 7-10 UCITS ETF | 0.09% | 1.72% | 0.93% | 8.80% | -19.69% | -3.23% | 4.20% | 6.78% | 1.03% | 0.14% |
XMME.DE Xtrackers MSCI Emerging Markets UCITS ETF 1C | 30.06% | 18.69% | 13.82% | 5.89% | -15.00% | 4.75% | 6.57% | 21.91% | -11.16% | 7.23% |
Correlation
The correlation between X710.DE and XMME.DE is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Jun 27, 2017 | 0.05 |
Over the past year, X710.DE and XMME.DE have become more correlated (0.33) than their long-term average of 0.05, meaning their price movements have been converging.
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
X710.DE vs. XMME.DE — Risk / Return Rank
X710.DE
XMME.DE
X710.DE vs. XMME.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II Eurozone Government Bond 7-10 UCITS ETF (X710.DE) and Xtrackers MSCI Emerging Markets UCITS ETF 1C (XMME.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.
| X710.DE | XMME.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.95 | ||
| Sortino ratioReturn per unit of downside risk | -3.84 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.55 | -0.53 |
| Calmar ratioReturn relative to maximum drawdown | 0.07 | 4.98 | -4.91 |
| Martin ratioReturn relative to average drawdown | 0.18 | 18.04 | -17.87 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| X710.DE | XMME.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.06 | 3.00 | -2.95 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.31 | 0.51 | -0.82 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.03 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.45 | +0.10 |
Drawdowns
X710.DE vs. XMME.DE - Drawdown Comparison
The maximum X710.DE drawdown since its inception was -23.16%, smaller than the maximum XMME.DE drawdown of -31.96%. Use the drawdown chart below to compare losses from any high point for X710.DE and XMME.DE.
Loading charts...
Drawdown Indicators
| X710.DE | XMME.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.16% | -31.96% | +8.80% |
Max Drawdown (1Y)Largest decline over 1 year | -4.18% | -10.67% | +6.49% |
Max Drawdown (3Y)Largest decline over 3 years | -4.55% | -19.16% | +14.61% |
Max Drawdown (5Y)Largest decline over 5 years | -22.84% | -24.38% | +1.54% |
Max Drawdown (10Y)Largest decline over 10 years | -23.16% | — | — |
Current DrawdownCurrent decline from peak | -13.46% | -1.04% | -12.42% |
Average DrawdownAverage peak-to-trough decline | -5.41% | -9.53% | +4.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.55% | 2.95% | -1.40% |
Volatility
X710.DE vs. XMME.DE - Volatility Comparison
The current volatility for Xtrackers II Eurozone Government Bond 7-10 UCITS ETF (X710.DE) is 1.94%, while Xtrackers MSCI Emerging Markets UCITS ETF 1C (XMME.DE) has a volatility of 7.48%. This indicates that X710.DE experiences smaller price fluctuations and is considered to be less risky than XMME.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| X710.DE | XMME.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.94% | 7.48% | -5.54% |
Volatility (6M)Calculated over the trailing 6-month period | 4.15% | 14.90% | -10.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.91% | 17.70% | -12.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.35% | 16.74% | -9.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.39% | 18.61% | -12.22% |
X710.DE vs. XMME.DE - Expense Ratio Comparison
X710.DE has a 0.15% expense ratio, which is lower than XMME.DE's 0.18% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
X710.DE vs. XMME.DE - Dividend Comparison
Neither X710.DE nor XMME.DE has paid dividends to shareholders.
Frequently Asked Questions
X710.DE and XMME.DE have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, X710.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
X710.DE is cheaper with a 0.15% expense ratio, compared with 0.18% for XMME.DE.
X710.DE is categorized as European Government Bonds, while XMME.DE is Emerging Markets Equities. X710.DE tracks Markit iBoxx® EUR Eurozone 7-10, while XMME.DE tracks MSCI Emerging Markets. Their fees differ too: 0.15% for X710.DE and 0.18% for XMME.DE.
Find the right allocation for X710.DE and XMME.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