XBAK.DE vs. EUNY.DE
XBAK.DE (Xtrackers MSCI Pakistan Swap UCITS ETF (Acc)) and EUNY.DE (iShares Emerging Markets Dividend UCITS ETF) are both Emerging Markets Equities funds - XBAK.DE tracks the MSCI Pakistan Investable Market Index while EUNY.DE tracks the Dow Jones Emerging Markets Select Dividend. Both are passively managed. Over the past 10 years, XBAK.DE returned -1.05%/yr vs 6.39%/yr for EUNY.DE. At a 0.24 correlation, their price movements are largely independent. XBAK.DE charges 0.85%/yr vs 0.65%/yr for EUNY.DE.
Performance
XBAK.DE vs. EUNY.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XBAK.DE achieves a 5.19% return, which is significantly lower than EUNY.DE's 9.92% return. Over the past 10 years, XBAK.DE has underperformed EUNY.DE with an annualized return of -1.05%, while EUNY.DE has yielded a comparatively higher 6.39% annualized return.
XBAK.DE
- 1D
- 0.62%
- 1M
- 10.20%
- 6M
- 2.53%
- YTD
- 5.19%
- 1Y
- 35.00%
- 3Y*
- 41.08%
- 5Y*
- 10.75%
- 10Y*
- -1.05%
EUNY.DE
- 1D
- 1.27%
- 1M
- -1.95%
- 6M
- 8.25%
- YTD
- 9.92%
- 1Y
- 21.22%
- 3Y*
- 16.25%
- 5Y*
- 5.02%
- 10Y*
- 6.39%
XBAK.DE vs. EUNY.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XBAK.DE Xtrackers MSCI Pakistan Swap UCITS ETF (Acc) | 5.19% | 20.31% | 75.92% | 15.36% | -24.63% | -7.97% | -15.81% | 1.89% | -29.80% | -33.77% |
EUNY.DE iShares Emerging Markets Dividend UCITS ETF | 9.92% | 13.97% | 12.41% | 15.34% | -26.11% | 20.00% | -11.72% | 18.34% | -1.57% | 10.55% |
Correlation
The correlation between XBAK.DE and EUNY.DE is 0.00, 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 | 0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Nov 25, 2011 | 0.24 |
Over the past year, the correlation between XBAK.DE and EUNY.DE has dropped to 0.00 - well below their long-term average of 0.24, suggesting their price drivers have been diverging.
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
XBAK.DE vs. EUNY.DE — Risk / Return Rank
XBAK.DE
EUNY.DE
XBAK.DE vs. EUNY.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Pakistan Swap UCITS ETF (Acc) (XBAK.DE) and iShares Emerging Markets Dividend UCITS ETF (EUNY.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.
| XBAK.DE | EUNY.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.45 | ||
| Sortino ratioReturn per unit of downside risk | -0.55 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.30 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.47 | 3.91 | -2.44 |
| Martin ratioReturn relative to average drawdown | 3.81 | 11.46 | -7.66 |
Loading charts...
Drawdowns
XBAK.DE vs. EUNY.DE - Drawdown Comparison
The maximum XBAK.DE drawdown since its inception was -79.30%, which is greater than EUNY.DE's maximum drawdown of -50.11%. Use the drawdown chart below to compare losses from any high point for XBAK.DE and EUNY.DE.
Loading charts...
Drawdown Indicators
| XBAK.DE | EUNY.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.30% | -50.11% | -29.19% |
Max Drawdown (1Y)Largest decline over 1 year | -23.67% | -5.40% | -18.27% |
Max Drawdown (3Y)Largest decline over 3 years | -23.67% | -15.70% | -7.97% |
Max Drawdown (5Y)Largest decline over 5 years | -49.06% | -31.41% | -17.65% |
Max Drawdown (10Y)Largest decline over 10 years | -79.30% | -36.29% | -43.01% |
Current DrawdownCurrent decline from peak | -32.50% | -4.14% | -28.36% |
Average DrawdownAverage peak-to-trough decline | -37.83% | -20.28% | -17.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.17% | 1.85% | +7.32% |
Volatility
XBAK.DE vs. EUNY.DE - Volatility Comparison
Xtrackers MSCI Pakistan Swap UCITS ETF (Acc) (XBAK.DE) has a higher volatility of 5.51% compared to iShares Emerging Markets Dividend UCITS ETF (EUNY.DE) at 4.38%. This indicates that XBAK.DE's price experiences larger fluctuations and is considered to be riskier than EUNY.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XBAK.DE | EUNY.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.51% | 4.38% | +1.13% |
Volatility (6M)Calculated over the trailing 6-month period | 24.19% | 10.21% | +13.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.00% | 12.47% | +15.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.55% | 15.68% | +8.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.55% | 16.68% | +7.87% |
XBAK.DE vs. EUNY.DE - Expense Ratio Comparison
XBAK.DE has a 0.85% expense ratio, which is higher than EUNY.DE's 0.65% expense ratio.
Dividends
XBAK.DE vs. EUNY.DE - Dividend Comparison
XBAK.DE has not paid dividends to shareholders, while EUNY.DE's dividend yield for the trailing twelve months is around 5.13%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUNY.DE iShares Emerging Markets Dividend UCITS ETF | 5.13% | 5.83% | 7.71% | 8.05% | 9.57% | 6.35% | 5.09% | 5.58% | 5.64% | 4.10% | 4.36% | 6.39% |
XBAK.DE Xtrackers MSCI Pakistan Swap UCITS ETF (Acc) | 0.00% | 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
XBAK.DE and EUNY.DE have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUNY.DE is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUNY.DE is cheaper with a 0.65% expense ratio, compared with 0.85% for XBAK.DE.
XBAK.DE tracks MSCI Pakistan Investable Market Index, while EUNY.DE tracks Dow Jones Emerging Markets Select Dividend. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.85% for XBAK.DE and 0.65% for EUNY.DE.
Find the right allocation for XBAK.DE and EUNY.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