XBAG.DE vs. XWQS.L

Last updated Jun 5, 2026

XBAG.DE (Xtrackers II ESG Global Aggregate Bond UCITS ETF 1D) and XWQS.L (Xtrackers MSCI World Quality ESG UCITS ETF 1C) are both exchange-traded funds - XBAG.DE is a Global Bonds fund tracking the Bloomberg Global Aggregate TR USD, while XWQS.L is a ESG fund tracking the MSCI World Quality Low Carbon SRI Screened Select Index. Both are passively managed. Over the past year, XBAG.DE returned -0.20% vs 23.99% for XWQS.L. At a 0.23 correlation, their price movements are largely independent. XBAG.DE charges 0.10%/yr vs 0.25%/yr for XWQS.L.

Performance

XBAG.DE vs. XWQS.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers II ESG Global Aggregate Bond UCITS ETF 1D (XBAG.DE) and Xtrackers MSCI World Quality ESG UCITS ETF 1C (XWQS.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

XBAG.DE is traded in EUR, while XWQS.L is traded in GBP. To make them comparable, the XWQS.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, XBAG.DE achieves a 0.49% return, which is significantly lower than XWQS.L's 10.16% return.

XBAG.DE

• 1D: 0.04%
• 1M: 0.60%
• YTD: 0.49%
• 6M: -0.07%
• 1Y: -0.20%
• 3Y*: 0.24%
• 5Y*: -1.25%
• 10Y*: -0.06%

XWQS.L

• 1D: 0.90%
• 1M: 2.82%
• YTD: 10.16%
• 6M: 11.19%
• 1Y: 23.99%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

XBAG.DE vs. XWQS.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
XBAG.DE Xtrackers II ESG Global Aggregate Bond UCITS ETF 1D	0.49%	-3.89%	3.40%	2.68%
XWQS.L Xtrackers MSCI World Quality ESG UCITS ETF 1C	10.16%	3.43%	26.78%	-14.08%

Correlation

The correlation between XBAG.DE and XWQS.L is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (All Time) Calculated using the full available price history since Jul 6, 2023	0.23

Return for Risk

XBAG.DE vs. XWQS.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XBAG.DE

XBAG.DE Risk / Return Rank: 8
XBAG.DE Sharpe Ratio Rank: 9
XBAG.DE Sortino Ratio Rank: 8
XBAG.DE Omega Ratio Rank: 8
XBAG.DE Calmar Ratio Rank: 8
XBAG.DE Martin Ratio Rank: 8

XWQS.L

XWQS.L Risk / Return Rank: 77
XWQS.L Sharpe Ratio Rank: 78
XWQS.L Sortino Ratio Rank: 81
XWQS.L Omega Ratio Rank: 78
XWQS.L Calmar Ratio Rank: 71
XWQS.L Martin Ratio Rank: 76

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XBAG.DE vs. XWQS.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers II ESG Global Aggregate Bond UCITS ETF 1D (XBAG.DE) and Xtrackers MSCI World Quality ESG UCITS ETF 1C (XWQS.L). 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.

	XBAG.DE	XWQS.L	Difference
Sharpe ratio: Return per unit of total volatility	-0.05	2.07	-2.12
Sortino ratio: Return per unit of downside risk	-0.05	3.00	-3.04
Omega ratio: Gain probability vs. loss probability	0.99	1.38	-0.38
Calmar ratio: Return relative to maximum drawdown	-0.08	3.17	-3.26
Martin ratio: Return relative to average drawdown	-0.16	12.50	-12.67
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XBAG.DE vs. XWQS.L - Sharpe Ratio Comparison

The current XBAG.DE Sharpe Ratio is -0.05, which is lower than the XWQS.L Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of XBAG.DE and XWQS.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XBAG.DE	XWQS.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.05	2.07	-2.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.20	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.01	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	0.40	-0.12

Drawdowns

XBAG.DE vs. XWQS.L - Drawdown Comparison

The maximum XBAG.DE drawdown since its inception was -16.64%, smaller than the maximum XWQS.L drawdown of -25.10%. Use the drawdown chart below to compare losses from any high point for XBAG.DE and XWQS.L.

Drawdown Indicators

	XBAG.DE	XWQS.L	Difference
Max Drawdown Largest peak-to-trough decline	-16.64%	-25.10%	+8.46%
Max Drawdown (1Y) Largest decline over 1 year	-2.44%	-7.54%	+5.10%
Max Drawdown (3Y) Largest decline over 3 years	-7.49%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-15.81%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-16.64%	—	—
Current Drawdown Current decline from peak	-12.21%	0.00%	-12.21%
Average Drawdown Average peak-to-trough decline	-6.65%	-7.59%	+0.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.23%	1.92%	-0.69%

Volatility

XBAG.DE vs. XWQS.L - Volatility Comparison

The current volatility for Xtrackers II ESG Global Aggregate Bond UCITS ETF 1D (XBAG.DE) is 0.99%, while Xtrackers MSCI World Quality ESG UCITS ETF 1C (XWQS.L) has a volatility of 2.60%. This indicates that XBAG.DE experiences smaller price fluctuations and is considered to be less risky than XWQS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XBAG.DE	XWQS.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.99%	2.60%	-1.61%
Volatility (6M) Calculated over the trailing 6-month period	2.67%	8.17%	-5.50%
Volatility (1Y) Calculated over the trailing 1-year period	3.78%	11.57%	-7.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.08%	19.29%	-13.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.92%	19.29%	-13.37%

XBAG.DE vs. XWQS.L - Expense Ratio Comparison

XBAG.DE has a 0.10% expense ratio, which is lower than XWQS.L's 0.25% 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

XBAG.DE vs. XWQS.L - Dividend Comparison

XBAG.DE's dividend yield for the trailing twelve months is around 3.00%, while XWQS.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
XBAG.DE Xtrackers II ESG Global Aggregate Bond UCITS ETF 1D	3.00%	2.94%	3.16%	2.22%	2.78%	0.82%	1.47%	1.76%	1.36%	1.11%	2.04%
XWQS.L Xtrackers MSCI World Quality ESG UCITS ETF 1C	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XBAG.DE and XWQS.L in my portfolio?

XBAG.DE and XWQS.L have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XBAG.DE or XWQS.L?

On fees, XBAG.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XBAG.DE or XWQS.L?

XBAG.DE is cheaper with a 0.10% expense ratio, compared with 0.25% for XWQS.L.

What is the main difference between XBAG.DE and XWQS.L?

XBAG.DE is categorized as Global Bonds, while XWQS.L is ESG. XBAG.DE tracks Bloomberg Global Aggregate TR USD, while XWQS.L tracks MSCI World Quality Low Carbon SRI Screened Select Index. Their fees differ too: 0.10% for XBAG.DE and 0.25% for XWQS.L.