XBAK.DE vs. XMME.DE
XBAK.DE (Xtrackers MSCI Pakistan Swap UCITS ETF (Acc)) and XMME.DE (Xtrackers MSCI Emerging Markets UCITS ETF 1C) are both Emerging Markets Equities funds from Xtrackers - XBAK.DE tracks the MSCI Pakistan Investable Market Index while XMME.DE tracks the MSCI Emerging Markets. Both are passively managed. Over the past 5 years, XBAK.DE returned 10.75%/yr vs 8.17%/yr for XMME.DE. At a 0.22 correlation, their price movements are largely independent. XBAK.DE charges 0.85%/yr vs 0.18%/yr for XMME.DE.
Performance
XBAK.DE vs. XMME.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 XMME.DE's 28.32% 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%
XMME.DE
- 1D
- 2.30%
- 1M
- -1.33%
- 6M
- 24.68%
- YTD
- 28.32%
- 1Y
- 45.78%
- 3Y*
- 20.47%
- 5Y*
- 8.17%
- 10Y*
- —
XBAK.DE vs. XMME.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% | -21.35% |
XMME.DE Xtrackers MSCI Emerging Markets UCITS ETF 1C | 28.32% | 18.69% | 13.82% | 5.89% | -15.00% | 4.75% | 6.58% | 21.91% | -11.16% | -2.35% |
Correlation
The correlation between XBAK.DE and XMME.DE is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jun 21, 2017 | 0.22 |
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Return for Risk
XBAK.DE vs. XMME.DE — Risk / Return Rank
XBAK.DE
XMME.DE
XBAK.DE vs. XMME.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 Xtrackers MSCI Emerging Markets UCITS ETF 1C (XMME.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 | XMME.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.07 | ||
| Sortino ratioReturn per unit of downside risk | -1.20 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.42 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.47 | 4.27 | -2.80 |
| Martin ratioReturn relative to average drawdown | 3.81 | 14.15 | -10.35 |
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Drawdowns
XBAK.DE vs. XMME.DE - Drawdown Comparison
The maximum XBAK.DE drawdown since its inception was -79.30%, which is greater than XMME.DE's maximum drawdown of -31.95%. Use the drawdown chart below to compare losses from any high point for XBAK.DE and XMME.DE.
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Drawdown Indicators
| XBAK.DE | XMME.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.30% | -31.95% | -47.35% |
Max Drawdown (1Y)Largest decline over 1 year | -23.67% | -10.68% | -12.99% |
Max Drawdown (3Y)Largest decline over 3 years | -23.67% | -19.16% | -4.51% |
Max Drawdown (5Y)Largest decline over 5 years | -49.06% | -23.46% | -25.60% |
Max Drawdown (10Y)Largest decline over 10 years | -79.30% | — | — |
Current DrawdownCurrent decline from peak | -32.50% | -4.83% | -27.67% |
Average DrawdownAverage peak-to-trough decline | -37.83% | -9.77% | -28.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.17% | 3.23% | +5.94% |
Volatility
XBAK.DE vs. XMME.DE - Volatility Comparison
The current volatility for Xtrackers MSCI Pakistan Swap UCITS ETF (Acc) (XBAK.DE) is 5.51%, while Xtrackers MSCI Emerging Markets UCITS ETF 1C (XMME.DE) has a volatility of 9.36%. This indicates that XBAK.DE experiences smaller price fluctuations and is considered to be less risky than XMME.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 | XMME.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.51% | 9.36% | -3.85% |
Volatility (6M)Calculated over the trailing 6-month period | 24.19% | 17.23% | +6.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.00% | 19.70% | +8.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.55% | 17.22% | +7.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.55% | 19.02% | +5.53% |
XBAK.DE vs. XMME.DE - Expense Ratio Comparison
XBAK.DE has a 0.85% expense ratio, which is higher than XMME.DE's 0.18% expense ratio.
Dividends
XBAK.DE vs. XMME.DE - Dividend Comparison
Neither XBAK.DE nor XMME.DE has paid dividends to shareholders.
Frequently Asked Questions
XBAK.DE and XMME.DE have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XMME.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XMME.DE is cheaper with a 0.18% expense ratio, compared with 0.85% for XBAK.DE.
XBAK.DE tracks MSCI Pakistan Investable Market Index, while XMME.DE tracks MSCI Emerging Markets. Their fees differ too: 0.85% for XBAK.DE and 0.18% for XMME.DE.
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