XBLC.L vs. XNAS.L

Last updated Jun 5, 2026

XBLC.L (Xtrackers II EUR Corporate Bond UCITS ETF 1C) and XNAS.L (Xtrackers NASDAQ 100 UCITS ETF) are both exchange-traded funds - XBLC.L is a European Corporate Bonds fund tracking the Bloomberg Euro Corp TR EUR, while XNAS.L is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 3 years, XBLC.L returned 4.55%/yr vs 24.70%/yr for XNAS.L. At a 0.19 correlation, their price movements are largely independent. XBLC.L charges 0.12%/yr vs 0.20%/yr for XNAS.L.

Performance

XBLC.L vs. XNAS.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers II EUR Corporate Bond UCITS ETF 1C (XBLC.L) and Xtrackers NASDAQ 100 UCITS ETF (XNAS.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

XBLC.L is traded in EUR, while XNAS.L is traded in USD. To make them comparable, the XNAS.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, XBLC.L achieves a 0.55% return, which is significantly lower than XNAS.L's 21.03% return.

XBLC.L

• 1D: 0.10%
• 1M: 0.71%
• YTD: 0.55%
• 6M: 0.44%
• 1Y: 1.87%
• 3Y*: 4.55%
• 5Y*: 0.08%
• 10Y*: —

XNAS.L

• 1D: -0.81%
• 1M: 9.26%
• YTD: 21.03%
• 6M: 19.48%
• 1Y: 38.05%
• 3Y*: 24.70%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

XBLC.L vs. XNAS.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
XBLC.L Xtrackers II EUR Corporate Bond UCITS ETF 1C	0.55%	2.95%	4.36%	7.51%	2.87%
XNAS.L Xtrackers NASDAQ 100 UCITS ETF	21.03%	5.61%	34.96%	51.72%	-9.55%

Correlation

The correlation between XBLC.L and XNAS.L is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.28
Correlation (3Y) Calculated over the trailing 3-year period	0.22
Correlation (All Time) Calculated using the full available price history since Oct 24, 2022	0.19

Return for Risk

XBLC.L vs. XNAS.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XBLC.L

XBLC.L Risk / Return Rank: 19
XBLC.L Sharpe Ratio Rank: 20
XBLC.L Sortino Ratio Rank: 18
XBLC.L Omega Ratio Rank: 20
XBLC.L Calmar Ratio Rank: 18
XBLC.L Martin Ratio Rank: 21

XNAS.L

XNAS.L Risk / Return Rank: 76
XNAS.L Sharpe Ratio Rank: 80
XNAS.L Sortino Ratio Rank: 79
XNAS.L Omega Ratio Rank: 75
XNAS.L Calmar Ratio Rank: 74
XNAS.L Martin Ratio Rank: 71

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XBLC.L vs. XNAS.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers II EUR Corporate Bond UCITS ETF 1C (XBLC.L) and Xtrackers NASDAQ 100 UCITS ETF (XNAS.L). 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.

	XBLC.L	XNAS.L	Difference
Sharpe ratio: Return per unit of total volatility	0.62	2.31	-1.69
Sortino ratio: Return per unit of downside risk	0.92	3.12	-2.20
Omega ratio: Gain probability vs. loss probability	1.12	1.41	-0.29
Calmar ratio: Return relative to maximum drawdown	0.70	3.72	-3.02
Martin ratio: Return relative to average drawdown	2.42	11.08	-8.65
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XBLC.L vs. XNAS.L - Sharpe Ratio Comparison

The current XBLC.L Sharpe Ratio is 0.62, which is lower than the XNAS.L Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of XBLC.L and XNAS.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XBLC.L	XNAS.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.62	2.31	-1.69
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.02	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.18	1.37	-1.19

Drawdowns

XBLC.L vs. XNAS.L - Drawdown Comparison

The maximum XBLC.L drawdown since its inception was -17.18%, smaller than the maximum XNAS.L drawdown of -26.34%. Use the drawdown chart below to compare losses from any high point for XBLC.L and XNAS.L.

Drawdown Indicators

	XBLC.L	XNAS.L	Difference
Max Drawdown Largest peak-to-trough decline	-17.18%	-26.34%	+9.16%
Max Drawdown (1Y) Largest decline over 1 year	-2.67%	-10.13%	+7.46%
Max Drawdown (3Y) Largest decline over 3 years	-2.67%	-26.34%	+23.67%
Max Drawdown (5Y) Largest decline over 5 years	-17.18%	—	—
Current Drawdown Current decline from peak	-1.05%	-0.81%	-0.24%
Average Drawdown Average peak-to-trough decline	-4.50%	-4.04%	-0.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.77%	3.42%	-2.65%

Volatility

XBLC.L vs. XNAS.L - Volatility Comparison

The current volatility for Xtrackers II EUR Corporate Bond UCITS ETF 1C (XBLC.L) is 1.18%, while Xtrackers NASDAQ 100 UCITS ETF (XNAS.L) has a volatility of 4.67%. This indicates that XBLC.L experiences smaller price fluctuations and is considered to be less risky than XNAS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XBLC.L	XNAS.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.18%	4.67%	-3.49%
Volatility (6M) Calculated over the trailing 6-month period	2.65%	11.67%	-9.02%
Volatility (1Y) Calculated over the trailing 1-year period	3.01%	16.32%	-13.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.38%	19.59%	-15.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.71%	19.59%	-14.88%

XBLC.L vs. XNAS.L - Expense Ratio Comparison

XBLC.L has a 0.12% expense ratio, which is lower than XNAS.L's 0.20% 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

XBLC.L vs. XNAS.L - Dividend Comparison

Neither XBLC.L nor XNAS.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XBLC.L and XNAS.L in my portfolio?

XBLC.L and XNAS.L have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XBLC.L or XNAS.L?

On fees, XBLC.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XBLC.L or XNAS.L?

XBLC.L is cheaper with a 0.12% expense ratio, compared with 0.20% for XNAS.L.

What is the main difference between XBLC.L and XNAS.L?

XBLC.L is categorized as European Corporate Bonds, while XNAS.L is Nasdaq-100. XBLC.L tracks Bloomberg Euro Corp TR EUR, while XNAS.L tracks NASDAQ-100 Index. Their fees differ too: 0.12% for XBLC.L and 0.20% for XNAS.L.