XCMC.DE vs. EXUS.DE
XCMC.DE (Xtrackers Bloomberg Commodity Swap UCITS ETF 1C) and EXUS.DE (Xtrackers MSCI World ex USA UCITS ETF 1C USD) are both exchange-traded funds - XCMC.DE is a Commodities fund tracking the Bloomberg Commodity 3 Month Forward, while EXUS.DE is a Global Equities fund tracking the MSCI World ex USA index. Both are passively managed. Over the past year, XCMC.DE returned 29.14% vs 20.10% for EXUS.DE. At a 0.06 correlation, their price movements are largely independent. XCMC.DE charges 0.19%/yr vs 0.15%/yr for EXUS.DE.
Performance
XCMC.DE vs. EXUS.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XCMC.DE achieves a 28.51% return, which is significantly higher than EXUS.DE's 9.64% return.
XCMC.DE
- 1D
- -1.20%
- 1M
- -1.31%
- YTD
- 28.51%
- 6M
- 19.96%
- 1Y
- 29.14%
- 3Y*
- 11.29%
- 5Y*
- —
- 10Y*
- —
EXUS.DE
- 1D
- 0.19%
- 1M
- 3.48%
- YTD
- 9.64%
- 6M
- 11.67%
- 1Y
- 20.10%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XCMC.DE vs. EXUS.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
XCMC.DE Xtrackers Bloomberg Commodity Swap UCITS ETF 1C | 28.51% | -2.66% | 8.76% |
EXUS.DE Xtrackers MSCI World ex USA UCITS ETF 1C USD | 9.64% | 17.80% | 5.15% |
Correlation
The correlation between XCMC.DE and EXUS.DE is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.11 |
Correlation (All Time) Calculated using the full available price history since Mar 15, 2024 | 0.06 |
The correlation between XCMC.DE and EXUS.DE shifts across timeframes, from -0.11 (1 year) to 0.06 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XCMC.DE vs. EXUS.DE — Risk / Return Rank
XCMC.DE
EXUS.DE
XCMC.DE vs. EXUS.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Bloomberg Commodity Swap UCITS ETF 1C (XCMC.DE) and Xtrackers MSCI World ex USA UCITS ETF 1C USD (EXUS.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.
| XCMC.DE | EXUS.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.31 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.72 | 2.30 | +1.42 |
| Martin ratioReturn relative to average drawdown | 8.44 | 9.01 | -0.57 |
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
| XCMC.DE | EXUS.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.66 | 1.62 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 1.10 | -0.66 |
Drawdowns
XCMC.DE vs. EXUS.DE - Drawdown Comparison
The maximum XCMC.DE drawdown since its inception was -22.91%, which is greater than EXUS.DE's maximum drawdown of -16.21%. Use the drawdown chart below to compare losses from any high point for XCMC.DE and EXUS.DE.
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Drawdown Indicators
| XCMC.DE | EXUS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.91% | -16.21% | -6.70% |
Max Drawdown (1Y)Largest decline over 1 year | -7.80% | -8.68% | +0.88% |
Max Drawdown (3Y)Largest decline over 3 years | -14.82% | — | — |
Current DrawdownCurrent decline from peak | -3.42% | -0.76% | -2.66% |
Average DrawdownAverage peak-to-trough decline | -12.68% | -1.78% | -10.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.45% | 2.23% | +1.22% |
Volatility
XCMC.DE vs. EXUS.DE - Volatility Comparison
Xtrackers Bloomberg Commodity Swap UCITS ETF 1C (XCMC.DE) has a higher volatility of 4.94% compared to Xtrackers MSCI World ex USA UCITS ETF 1C USD (EXUS.DE) at 3.28%. This indicates that XCMC.DE's price experiences larger fluctuations and is considered to be riskier than EXUS.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XCMC.DE | EXUS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.94% | 3.28% | +1.66% |
Volatility (6M)Calculated over the trailing 6-month period | 15.31% | 10.06% | +5.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.48% | 12.37% | +5.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.33% | 13.39% | +3.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.33% | 13.39% | +3.94% |
XCMC.DE vs. EXUS.DE - Expense Ratio Comparison
XCMC.DE has a 0.19% expense ratio, which is higher than EXUS.DE's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XCMC.DE vs. EXUS.DE - Dividend Comparison
Neither XCMC.DE nor EXUS.DE has paid dividends to shareholders.
Frequently Asked Questions
XCMC.DE and EXUS.DE have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EXUS.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EXUS.DE is cheaper with a 0.15% expense ratio, compared with 0.19% for XCMC.DE.
XCMC.DE is categorized as Commodities, while EXUS.DE is Global Equities. XCMC.DE tracks Bloomberg Commodity 3 Month Forward, while EXUS.DE tracks MSCI World ex USA index. Their fees differ too: 0.19% for XCMC.DE and 0.15% for EXUS.DE.
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