XBAE.DE vs. XDEW.DE
XBAE.DE (Xtrackers II ESG Global Aggregate Bond UCITS ETF 5C EUR hedged) and XDEW.DE (Xtrackers S&P 500 Equal Weight UCITS ETF 1C) are both exchange-traded funds - XBAE.DE is a Global Bonds fund tracking the Bloomberg MSCI Global Aggregate Sustainable and SRI Currency Neutral (EUR Hedged), while XDEW.DE is a S&P 500 fund tracking the S&P 500 Equal Weight Index. Both are passively managed. Over the past 10 years, XBAE.DE returned -0.62%/yr vs 11.04%/yr for XDEW.DE. At a correlation of -0.04, they often move in opposite directions. XBAE.DE charges 0.10%/yr vs 0.20%/yr for XDEW.DE.
Performance
XBAE.DE vs. XDEW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XBAE.DE achieves a -0.62% return, which is significantly lower than XDEW.DE's 14.50% return. Over the past 10 years, XBAE.DE has underperformed XDEW.DE with an annualized return of -0.62%, while XDEW.DE has yielded a comparatively higher 11.04% annualized return.
XBAE.DE
- 1D
- 0.19%
- 1M
- -0.67%
- 6M
- -0.86%
- YTD
- -0.62%
- 1Y
- 1.02%
- 3Y*
- 1.64%
- 5Y*
- -1.96%
- 10Y*
- -0.62%
XDEW.DE
- 1D
- -0.34%
- 1M
- 2.32%
- 6M
- 9.75%
- YTD
- 14.50%
- 1Y
- 19.87%
- 3Y*
- 12.62%
- 5Y*
- 9.52%
- 10Y*
- 11.04%
XBAE.DE vs. XDEW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XBAE.DE Xtrackers II ESG Global Aggregate Bond UCITS ETF 5C EUR hedged | -0.62% | 2.65% | 0.49% | 4.37% | -14.59% | -2.15% | 3.70% | 5.31% | -1.57% | 0.56% |
XDEW.DE Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 14.50% | -0.46% | 18.66% | 10.08% | -6.94% | 41.59% | 1.18% | 31.27% | -4.53% | 4.00% |
Correlation
The correlation between XBAE.DE and XDEW.DE is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Aug 15, 2014 | -0.04 |
The correlation between XBAE.DE and XDEW.DE shifts across timeframes, from -0.04 (all time) to 0.21 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
XBAE.DE vs. XDEW.DE — Risk / Return Rank
XBAE.DE
XDEW.DE
XBAE.DE vs. XDEW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II ESG Global Aggregate Bond UCITS ETF 5C EUR hedged (XBAE.DE) and Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.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.
| XBAE.DE | XDEW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.68 | ||
| Sortino ratioReturn per unit of downside risk | -2.27 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.35 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | 0.33 | 3.91 | -3.58 |
| Martin ratioReturn relative to average drawdown | 0.81 | 12.05 | -11.24 |
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Drawdowns
XBAE.DE vs. XDEW.DE - Drawdown Comparison
The maximum XBAE.DE drawdown since its inception was -19.06%, smaller than the maximum XDEW.DE drawdown of -38.79%. Use the drawdown chart below to compare losses from any high point for XBAE.DE and XDEW.DE.
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Drawdown Indicators
| XBAE.DE | XDEW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.06% | -38.79% | +19.73% |
Max Drawdown (1Y)Largest decline over 1 year | -3.11% | -5.06% | +1.95% |
Max Drawdown (3Y)Largest decline over 3 years | -4.45% | -22.70% | +18.25% |
Max Drawdown (5Y)Largest decline over 5 years | -18.29% | -22.70% | +4.41% |
Max Drawdown (10Y)Largest decline over 10 years | -19.06% | -38.79% | +19.73% |
Current DrawdownCurrent decline from peak | -10.96% | -0.61% | -10.35% |
Average DrawdownAverage peak-to-trough decline | -5.96% | -5.33% | -0.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.26% | 1.65% | -0.39% |
Volatility
XBAE.DE vs. XDEW.DE - Volatility Comparison
The current volatility for Xtrackers II ESG Global Aggregate Bond UCITS ETF 5C EUR hedged (XBAE.DE) is 0.98%, while Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.DE) has a volatility of 2.81%. This indicates that XBAE.DE experiences smaller price fluctuations and is considered to be less risky than XDEW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XBAE.DE | XDEW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.98% | 2.81% | -1.83% |
Volatility (6M)Calculated over the trailing 6-month period | 2.98% | 6.82% | -3.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.70% | 10.43% | -6.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.03% | 14.90% | -9.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.64% | 16.80% | -12.16% |
XBAE.DE vs. XDEW.DE - Expense Ratio Comparison
XBAE.DE has a 0.10% expense ratio, which is lower than XDEW.DE's 0.20% 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
XBAE.DE vs. XDEW.DE - Dividend Comparison
Neither XBAE.DE nor XDEW.DE has paid dividends to shareholders.
Frequently Asked Questions
XBAE.DE and XDEW.DE have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XBAE.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XBAE.DE is cheaper with a 0.10% expense ratio, compared with 0.20% for XDEW.DE.
XBAE.DE is categorized as Global Bonds, while XDEW.DE is S&P 500. XBAE.DE tracks Bloomberg MSCI Global Aggregate Sustainable and SRI Currency Neutral (EUR Hedged), while XDEW.DE tracks S&P 500 Equal Weight Index. Their fees differ too: 0.10% for XBAE.DE and 0.20% for XDEW.DE.
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