XBAS.DE vs. OP6E.DE
XBAS.DE (Xtrackers MSCI Singapore UCITS ETF (Acc)) and OP6E.DE (Ossiam Bloomberg Asia Pacific ex Japan PAB NR UCITS ETF (EUR)) are both Asia Pacific Equities funds - XBAS.DE tracks the MSCI Singapore Investable Market Index while OP6E.DE tracks the Bloomberg PAB APAC DM ex-Japan Large & Mid Cap. Both are passively managed. Over the past 3 years, XBAS.DE returned 20.28%/yr vs 9.65%/yr for OP6E.DE. A 0.60 correlation means they provide meaningful diversification when combined. XBAS.DE charges 0.50%/yr vs 0.29%/yr for OP6E.DE.
Performance
XBAS.DE vs. OP6E.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XBAS.DE achieves a 11.06% return, which is significantly higher than OP6E.DE's 6.46% return.
XBAS.DE
- 1D
- -0.45%
- 1M
- 3.76%
- 6M
- 11.62%
- YTD
- 11.06%
- 1Y
- 24.16%
- 3Y*
- 20.28%
- 5Y*
- 11.03%
- 10Y*
- 7.93%
OP6E.DE
- 1D
- 0.00%
- 1M
- 1.28%
- 6M
- 6.90%
- YTD
- 6.46%
- 1Y
- 10.29%
- 3Y*
- 9.65%
- 5Y*
- —
- 10Y*
- —
XBAS.DE vs. OP6E.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XBAS.DE Xtrackers MSCI Singapore UCITS ETF (Acc) | 11.06% | 15.70% | 34.37% | 0.79% | -0.00% |
OP6E.DE Ossiam Bloomberg Asia Pacific ex Japan PAB NR UCITS ETF (EUR) | 6.46% | 6.39% | 15.17% | 0.41% | -0.63% |
Correlation
The correlation between XBAS.DE and OP6E.DE is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Jul 19, 2022 | 0.60 |
The correlation between XBAS.DE and OP6E.DE has been stable across timeframes, ranging from 0.55 to 0.60 - a consistent structural relationship.
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Return for Risk
XBAS.DE vs. OP6E.DE — Risk / Return Rank
XBAS.DE
OP6E.DE
XBAS.DE vs. OP6E.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Singapore UCITS ETF (Acc) (XBAS.DE) and Ossiam Bloomberg Asia Pacific ex Japan PAB NR UCITS ETF (EUR) (OP6E.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.
| XBAS.DE | OP6E.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.88 | ||
| Sortino ratioReturn per unit of downside risk | +1.23 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.16 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 3.37 | 1.52 | +1.84 |
| Martin ratioReturn relative to average drawdown | 8.42 | 3.73 | +4.69 |
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Drawdowns
XBAS.DE vs. OP6E.DE - Drawdown Comparison
The maximum XBAS.DE drawdown since its inception was -36.43%, which is greater than OP6E.DE's maximum drawdown of -18.34%. Use the drawdown chart below to compare losses from any high point for XBAS.DE and OP6E.DE.
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Drawdown Indicators
| XBAS.DE | OP6E.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.43% | -18.34% | -18.09% |
Max Drawdown (1Y)Largest decline over 1 year | -7.14% | -6.72% | -0.42% |
Max Drawdown (3Y)Largest decline over 3 years | -20.54% | -18.34% | -2.20% |
Max Drawdown (5Y)Largest decline over 5 years | -20.54% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -36.43% | — | — |
Current DrawdownCurrent decline from peak | -0.45% | -2.62% | +2.17% |
Average DrawdownAverage peak-to-trough decline | -10.46% | -4.74% | -5.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.86% | 2.75% | +0.11% |
Volatility
XBAS.DE vs. OP6E.DE - Volatility Comparison
Xtrackers MSCI Singapore UCITS ETF (Acc) (XBAS.DE) has a higher volatility of 3.95% compared to Ossiam Bloomberg Asia Pacific ex Japan PAB NR UCITS ETF (EUR) (OP6E.DE) at 3.17%. This indicates that XBAS.DE's price experiences larger fluctuations and is considered to be riskier than OP6E.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XBAS.DE | OP6E.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.95% | 3.17% | +0.78% |
Volatility (6M)Calculated over the trailing 6-month period | 10.04% | 8.73% | +1.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.71% | 11.68% | +2.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.73% | 14.54% | +1.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.55% | 14.54% | +2.01% |
XBAS.DE vs. OP6E.DE - Expense Ratio Comparison
XBAS.DE has a 0.50% expense ratio, which is higher than OP6E.DE's 0.29% expense ratio.
Dividends
XBAS.DE vs. OP6E.DE - Dividend Comparison
Neither XBAS.DE nor OP6E.DE has paid dividends to shareholders.
Frequently Asked Questions
XBAS.DE and OP6E.DE have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, OP6E.DE is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
OP6E.DE is cheaper with a 0.29% expense ratio, compared with 0.50% for XBAS.DE.
XBAS.DE tracks MSCI Singapore Investable Market Index, while OP6E.DE tracks Bloomberg PAB APAC DM ex-Japan Large & Mid Cap. They also come from different issuers: Xtrackers and Natixis. Their fees differ too: 0.50% for XBAS.DE and 0.29% for OP6E.DE.
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