XARO.AX vs. QPON.AX
XARO.AX (Ardea Real Outcome Bond Complex ETF) and QPON.AX (BetaShares Australian Bank Senior Floating Rate Bond ETF) are both Total Bond Market funds. XARO.AX is actively managed, while QPON.AX is passively managed. Over the past 5 years, XARO.AX returned 2.03%/yr vs 3.50%/yr for QPON.AX. At a correlation of -0.00, they often move in opposite directions.
Performance
XARO.AX vs. QPON.AX - Performance Comparison
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Returns By Period
In the year-to-date period, XARO.AX achieves a 1.43% return, which is significantly lower than QPON.AX's 2.30% return.
XARO.AX
- 1D
- 0.12%
- 1M
- 0.96%
- 6M
- 1.47%
- YTD
- 1.43%
- 1Y
- 4.40%
- 3Y*
- 2.59%
- 5Y*
- 2.03%
- 10Y*
- —
QPON.AX
- 1D
- 0.08%
- 1M
- 0.48%
- 6M
- 1.98%
- YTD
- 2.30%
- 1Y
- 3.88%
- 3Y*
- 4.75%
- 5Y*
- 3.50%
- 10Y*
- —
XARO.AX vs. QPON.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
XARO.AX Ardea Real Outcome Bond Complex ETF | 1.43% | 6.78% | 0.49% | 2.17% | 0.46% | -0.60% | 5.21% | 8.56% | 0.20% |
QPON.AX BetaShares Australian Bank Senior Floating Rate Bond ETF | 2.30% | 4.36% | 5.09% | 4.99% | 0.96% | -0.19% | 2.49% | 3.70% | 0.00% |
Correlation
The correlation between XARO.AX and QPON.AX is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.00 |
Correlation (All Time) Calculated using the full available price history since Dec 6, 2018 | -0.00 |
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Return for Risk
XARO.AX vs. QPON.AX — Risk / Return Rank
XARO.AX
QPON.AX
XARO.AX vs. QPON.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ardea Real Outcome Bond Complex ETF (XARO.AX) and BetaShares Australian Bank Senior Floating Rate Bond ETF (QPON.AX). 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.
| XARO.AX | QPON.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.88 | ||
| Sortino ratioReturn per unit of downside risk | -2.42 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.78 | -0.55 |
| Calmar ratioReturn relative to maximum drawdown | 1.94 | 6.98 | -5.03 |
| Martin ratioReturn relative to average drawdown | 6.74 | 21.45 | -14.72 |
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Drawdowns
XARO.AX vs. QPON.AX - Drawdown Comparison
The maximum XARO.AX drawdown since its inception was -7.44%, which is greater than QPON.AX's maximum drawdown of -4.05%. Use the drawdown chart below to compare losses from any high point for XARO.AX and QPON.AX.
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Drawdown Indicators
| XARO.AX | QPON.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.44% | -4.05% | -3.39% |
Max Drawdown (1Y)Largest decline over 1 year | -2.26% | -0.53% | -1.73% |
Max Drawdown (3Y)Largest decline over 3 years | -3.42% | -0.96% | -2.46% |
Max Drawdown (5Y)Largest decline over 5 years | -6.98% | -1.92% | -5.06% |
Current DrawdownCurrent decline from peak | -0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -1.58% | -0.22% | -1.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.66% | 0.18% | +0.48% |
Volatility
XARO.AX vs. QPON.AX - Volatility Comparison
Ardea Real Outcome Bond Complex ETF (XARO.AX) has a higher volatility of 0.99% compared to BetaShares Australian Bank Senior Floating Rate Bond ETF (QPON.AX) at 0.22%. This indicates that XARO.AX's price experiences larger fluctuations and is considered to be riskier than QPON.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XARO.AX | QPON.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.99% | 0.22% | +0.77% |
Volatility (6M)Calculated over the trailing 6-month period | 2.69% | 0.81% | +1.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.43% | 1.18% | +2.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.04% | 1.33% | +4.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.45% | 1.59% | +4.86% |
Dividends
XARO.AX vs. QPON.AX - Dividend Comparison
XARO.AX's dividend yield for the trailing twelve months is around 1.09%, less than QPON.AX's 2.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
QPON.AX BetaShares Australian Bank Senior Floating Rate Bond ETF | 2.88% | 3.83% | 4.65% | 3.69% | 1.69% | 0.93% | 0.99% | 2.22% | 2.43% | 1.14% |
XARO.AX Ardea Real Outcome Bond Complex ETF | 1.09% | 1.57% | 2.46% | 0.77% | 7.38% | 4.26% | 4.20% | 2.46% | 0.00% | 0.00% |
Frequently Asked Questions
XARO.AX and QPON.AX have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: ETF Issuer and BetaShares.
Find the right allocation for XARO.AX and QPON.AX
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