XBAK.DE vs. WTEI.DE
XBAK.DE (Xtrackers MSCI Pakistan Swap UCITS ETF (Acc)) and WTEI.DE (WisdomTree Emerging Markets Equity Income UCITS ETF) are both Emerging Markets Equities funds - XBAK.DE tracks the MSCI Pakistan Investable Market Index while WTEI.DE tracks the WisdomTree Emerging Markets Equity Income. Both are passively managed. Over the past 10 years, XBAK.DE returned -1.05%/yr vs 9.62%/yr for WTEI.DE. At a 0.24 correlation, their price movements are largely independent. XBAK.DE charges 0.85%/yr vs 0.46%/yr for WTEI.DE.
Performance
XBAK.DE vs. WTEI.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XBAK.DE achieves a 5.19% return, which is significantly lower than WTEI.DE's 21.67% return. Over the past 10 years, XBAK.DE has underperformed WTEI.DE with an annualized return of -1.05%, while WTEI.DE has yielded a comparatively higher 9.62% 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%
WTEI.DE
- 1D
- 1.31%
- 1M
- 0.72%
- 6M
- 20.40%
- YTD
- 21.67%
- 1Y
- 28.16%
- 3Y*
- 16.16%
- 5Y*
- 11.20%
- 10Y*
- 9.62%
XBAK.DE vs. WTEI.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% |
WTEI.DE WisdomTree Emerging Markets Equity Income UCITS ETF | 21.67% | 7.76% | 11.70% | 16.82% | -7.16% | 22.68% | -15.24% | 23.06% | -3.85% | 10.46% |
Correlation
The correlation between XBAK.DE and WTEI.DE is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Nov 14, 2014 | 0.24 |
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Return for Risk
XBAK.DE vs. WTEI.DE — Risk / Return Rank
XBAK.DE
WTEI.DE
XBAK.DE vs. WTEI.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 WisdomTree Emerging Markets Equity Income UCITS ETF (WTEI.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 | WTEI.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.87 | ||
| Sortino ratioReturn per unit of downside risk | -1.14 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.37 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.47 | 4.67 | -3.20 |
| Martin ratioReturn relative to average drawdown | 3.81 | 15.87 | -12.07 |
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Drawdowns
XBAK.DE vs. WTEI.DE - Drawdown Comparison
The maximum XBAK.DE drawdown since its inception was -79.30%, which is greater than WTEI.DE's maximum drawdown of -43.36%. Use the drawdown chart below to compare losses from any high point for XBAK.DE and WTEI.DE.
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Drawdown Indicators
| XBAK.DE | WTEI.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.30% | -43.36% | -35.94% |
Max Drawdown (1Y)Largest decline over 1 year | -23.67% | -6.00% | -17.67% |
Max Drawdown (3Y)Largest decline over 3 years | -23.67% | -15.95% | -7.72% |
Max Drawdown (5Y)Largest decline over 5 years | -49.06% | -16.76% | -32.30% |
Max Drawdown (10Y)Largest decline over 10 years | -79.30% | -35.60% | -43.70% |
Current DrawdownCurrent decline from peak | -32.50% | -2.26% | -30.24% |
Average DrawdownAverage peak-to-trough decline | -37.83% | -10.35% | -27.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.17% | 1.77% | +7.40% |
Volatility
XBAK.DE vs. WTEI.DE - Volatility Comparison
Xtrackers MSCI Pakistan Swap UCITS ETF (Acc) (XBAK.DE) has a higher volatility of 5.51% compared to WisdomTree Emerging Markets Equity Income UCITS ETF (WTEI.DE) at 4.62%. This indicates that XBAK.DE's price experiences larger fluctuations and is considered to be riskier than WTEI.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XBAK.DE | WTEI.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.51% | 4.62% | +0.89% |
Volatility (6M)Calculated over the trailing 6-month period | 24.19% | 10.46% | +13.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.00% | 13.25% | +14.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.55% | 13.58% | +10.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.55% | 18.16% | +6.39% |
XBAK.DE vs. WTEI.DE - Expense Ratio Comparison
XBAK.DE has a 0.85% expense ratio, which is higher than WTEI.DE's 0.46% expense ratio.
Dividends
XBAK.DE vs. WTEI.DE - Dividend Comparison
XBAK.DE has not paid dividends to shareholders, while WTEI.DE's dividend yield for the trailing twelve months is around 4.76%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WTEI.DE WisdomTree Emerging Markets Equity Income UCITS ETF | 4.76% | 4.53% | 7.52% | 6.96% | 7.43% | 3.95% | 4.96% | 4.05% | 4.27% | 3.25% | 0.87% | 4.60% |
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 WTEI.DE have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WTEI.DE is cheaper at 0.46% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WTEI.DE is cheaper with a 0.46% expense ratio, compared with 0.85% for XBAK.DE.
XBAK.DE tracks MSCI Pakistan Investable Market Index, while WTEI.DE tracks WisdomTree Emerging Markets Equity Income. They also come from different issuers: Xtrackers and WisdomTree. Their fees differ too: 0.85% for XBAK.DE and 0.46% for WTEI.DE.
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