XBAT.DE vs. XMME.DE
XBAT.DE (Xtrackers iBoxx Sovereigns Eurozone AAA Swap UCITS ETF) and XMME.DE (Xtrackers MSCI Emerging Markets UCITS ETF 1C) are both exchange-traded funds - XBAT.DE is a European Government Bonds fund tracking the iBoxx® EUR Sovereigns Eurozone AAA, while XMME.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets. Both are passively managed. Over the past 5 years, XBAT.DE returned -2.38%/yr vs 8.66%/yr for XMME.DE. At a correlation of -0.06, they often move in opposite directions. XBAT.DE charges 0.15%/yr vs 0.18%/yr for XMME.DE.
Performance
XBAT.DE vs. XMME.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XBAT.DE achieves a -0.07% return, which is significantly lower than XMME.DE's 30.06% return.
XBAT.DE
- 1D
- 0.03%
- 1M
- -0.05%
- YTD
- -0.07%
- 6M
- 0.03%
- 1Y
- 1.01%
- 3Y*
- 2.22%
- 5Y*
- -2.38%
- 10Y*
- -0.93%
XMME.DE
- 1D
- -1.04%
- 1M
- 5.19%
- YTD
- 30.06%
- 6M
- 29.85%
- 1Y
- 50.91%
- 3Y*
- 21.36%
- 5Y*
- 8.66%
- 10Y*
- —
XBAT.DE vs. XMME.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XBAT.DE Xtrackers iBoxx Sovereigns Eurozone AAA Swap UCITS ETF | -0.07% | 2.47% | 0.18% | 3.80% | -17.06% | -2.84% | 2.81% | 2.99% | 2.37% | -0.99% |
XMME.DE Xtrackers MSCI Emerging Markets UCITS ETF 1C | 30.06% | 18.69% | 13.82% | 5.89% | -15.00% | 4.75% | 6.57% | 21.91% | -11.16% | 7.23% |
Correlation
The correlation between XBAT.DE and XMME.DE is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.00 |
Correlation (All Time) Calculated using the full available price history since Jun 27, 2017 | -0.06 |
The correlation between XBAT.DE and XMME.DE shifts across timeframes, from -0.06 (all time) to 0.26 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
XBAT.DE vs. XMME.DE — Risk / Return Rank
XBAT.DE
XMME.DE
XBAT.DE vs. XMME.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers iBoxx Sovereigns Eurozone AAA Swap UCITS ETF (XBAT.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.
| XBAT.DE | XMME.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.69 | ||
| Sortino ratioReturn per unit of downside risk | -3.49 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.55 | -0.48 |
| Calmar ratioReturn relative to maximum drawdown | 0.35 | 4.98 | -4.63 |
| Martin ratioReturn relative to average drawdown | 1.05 | 18.04 | -16.99 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XBAT.DE | XMME.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.31 | 3.00 | -2.69 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.39 | 0.51 | -0.90 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.17 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.18 | 0.45 | -0.27 |
Drawdowns
XBAT.DE vs. XMME.DE - Drawdown Comparison
The maximum XBAT.DE drawdown since its inception was -24.48%, smaller than the maximum XMME.DE drawdown of -31.96%. Use the drawdown chart below to compare losses from any high point for XBAT.DE and XMME.DE.
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Drawdown Indicators
| XBAT.DE | XMME.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.48% | -31.96% | +7.48% |
Max Drawdown (1Y)Largest decline over 1 year | -2.01% | -10.67% | +8.66% |
Max Drawdown (3Y)Largest decline over 3 years | -4.50% | -19.16% | +14.66% |
Max Drawdown (5Y)Largest decline over 5 years | -21.97% | -24.38% | +2.41% |
Max Drawdown (10Y)Largest decline over 10 years | -24.48% | — | — |
Current DrawdownCurrent decline from peak | -16.49% | -1.04% | -15.45% |
Average DrawdownAverage peak-to-trough decline | -6.97% | -9.53% | +2.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.67% | 2.95% | -2.28% |
Volatility
XBAT.DE vs. XMME.DE - Volatility Comparison
The current volatility for Xtrackers iBoxx Sovereigns Eurozone AAA Swap UCITS ETF (XBAT.DE) is 0.75%, while Xtrackers MSCI Emerging Markets UCITS ETF 1C (XMME.DE) has a volatility of 7.48%. This indicates that XBAT.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
| XBAT.DE | XMME.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.75% | 7.48% | -6.73% |
Volatility (6M)Calculated over the trailing 6-month period | 1.93% | 14.90% | -12.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.23% | 17.70% | -15.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.06% | 16.74% | -10.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.39% | 18.61% | -13.22% |
XBAT.DE vs. XMME.DE - Expense Ratio Comparison
XBAT.DE has a 0.15% expense ratio, which is lower than XMME.DE's 0.18% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XBAT.DE vs. XMME.DE - Dividend Comparison
Neither XBAT.DE nor XMME.DE has paid dividends to shareholders.
Frequently Asked Questions
XBAT.DE and XMME.DE have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XBAT.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XBAT.DE is cheaper with a 0.15% expense ratio, compared with 0.18% for XMME.DE.
XBAT.DE is categorized as European Government Bonds, while XMME.DE is Emerging Markets Equities. XBAT.DE tracks iBoxx® EUR Sovereigns Eurozone AAA, while XMME.DE tracks MSCI Emerging Markets. Their fees differ too: 0.15% for XBAT.DE and 0.18% for XMME.DE.
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