XBAK.DE vs. XSX6.DE
XBAK.DE (Xtrackers MSCI Pakistan Swap UCITS ETF (Acc)) and XSX6.DE (Xtrackers STOXX Europe 600 UCITS ETF) are both exchange-traded funds - XBAK.DE is a Emerging Markets Equities fund tracking the MSCI Pakistan Investable Market Index, while XSX6.DE is a Europe Equities fund tracking the STOXX® Europe 600. Both are passively managed. Over the past 10 years, XBAK.DE returned -1.05%/yr vs 10.16%/yr for XSX6.DE. At a 0.19 correlation, their price movements are largely independent. XBAK.DE charges 0.85%/yr vs 0.20%/yr for XSX6.DE.
Performance
XBAK.DE vs. XSX6.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 XSX6.DE's 11.63% return. Over the past 10 years, XBAK.DE has underperformed XSX6.DE with an annualized return of -1.05%, while XSX6.DE has yielded a comparatively higher 10.16% 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%
XSX6.DE
- 1D
- 0.00%
- 1M
- 4.56%
- 6M
- 10.88%
- YTD
- 11.63%
- 1Y
- 22.49%
- 3Y*
- 15.24%
- 5Y*
- 10.32%
- 10Y*
- 10.16%
XBAK.DE vs. XSX6.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% |
XSX6.DE Xtrackers STOXX Europe 600 UCITS ETF | 11.63% | 20.91% | 8.35% | 15.54% | -10.63% | 24.87% | -1.83% | 28.68% | -11.34% | 10.91% |
Correlation
The correlation between XBAK.DE and XSX6.DE is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Sep 19, 2011 | 0.19 |
The correlation between XBAK.DE and XSX6.DE shifts across timeframes, from 0.09 (5 years) to 0.20 (1 year), reflecting how their relationship changes across market environments.
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. XSX6.DE — Risk / Return Rank
XBAK.DE
XSX6.DE
XBAK.DE vs. XSX6.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 STOXX Europe 600 UCITS ETF (XSX6.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 | XSX6.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.48 | ||
| Sortino ratioReturn per unit of downside risk | -0.63 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.32 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.47 | 2.37 | -0.89 |
| Martin ratioReturn relative to average drawdown | 3.81 | 9.17 | -5.37 |
Loading charts...
Drawdowns
XBAK.DE vs. XSX6.DE - Drawdown Comparison
The maximum XBAK.DE drawdown since its inception was -79.30%, which is greater than XSX6.DE's maximum drawdown of -36.06%. Use the drawdown chart below to compare losses from any high point for XBAK.DE and XSX6.DE.
Loading charts...
Drawdown Indicators
| XBAK.DE | XSX6.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.30% | -36.06% | -43.24% |
Max Drawdown (1Y)Largest decline over 1 year | -23.67% | -9.46% | -14.21% |
Max Drawdown (3Y)Largest decline over 3 years | -23.67% | -16.37% | -7.30% |
Max Drawdown (5Y)Largest decline over 5 years | -49.06% | -20.84% | -28.22% |
Max Drawdown (10Y)Largest decline over 10 years | -79.30% | -36.06% | -43.24% |
Current DrawdownCurrent decline from peak | -32.50% | 0.00% | -32.50% |
Average DrawdownAverage peak-to-trough decline | -37.83% | -5.24% | -32.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.17% | 2.44% | +6.73% |
Volatility
XBAK.DE vs. XSX6.DE - Volatility Comparison
Xtrackers MSCI Pakistan Swap UCITS ETF (Acc) (XBAK.DE) has a higher volatility of 5.51% compared to Xtrackers STOXX Europe 600 UCITS ETF (XSX6.DE) at 3.11%. This indicates that XBAK.DE's price experiences larger fluctuations and is considered to be riskier than XSX6.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XBAK.DE | XSX6.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.51% | 3.11% | +2.40% |
Volatility (6M)Calculated over the trailing 6-month period | 24.19% | 10.96% | +13.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.00% | 13.02% | +14.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.55% | 14.46% | +10.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.55% | 15.23% | +9.32% |
XBAK.DE vs. XSX6.DE - Expense Ratio Comparison
XBAK.DE has a 0.85% expense ratio, which is higher than XSX6.DE's 0.20% expense ratio.
Dividends
XBAK.DE vs. XSX6.DE - Dividend Comparison
Neither XBAK.DE nor XSX6.DE has paid dividends to shareholders.
Frequently Asked Questions
XBAK.DE and XSX6.DE have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XSX6.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XSX6.DE is cheaper with a 0.20% expense ratio, compared with 0.85% for XBAK.DE.
XBAK.DE is categorized as Emerging Markets Equities, while XSX6.DE is Europe Equities. XBAK.DE tracks MSCI Pakistan Investable Market Index, while XSX6.DE tracks STOXX® Europe 600. Their fees differ too: 0.85% for XBAK.DE and 0.20% for XSX6.DE.
Find the right allocation for XBAK.DE and XSX6.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